Master Products' new owner is close to company's heart: CFO buys longtime stamping company in Slavic Village.

Master Products, a stamping company in Cleveland's Slavic Village neighborhood, has been purchased by its CFO, Tim Rankin. Rankin, who has been with the company for six years, decided to buy the company after negotiations with another potential buyer fell through. The former owner, Jeff Walters, did not want to sell to a private equity buyer due to concerns about the long-term success of the company and the well-being of its employees. Rankin plans to invest further in the company and ensure that both the company and its employees remain in place after the sale. [Extracted from the article]

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