ABI partners with Arcady Capital to foster growth

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Kellen Jenkins / WBJ

ABI CEO James Havers-Strong says teaming with Arcady will help his business “continue to execute at a high level as we grow the company.”

Daniel McCoy

Reporter- Wichita Business Journal

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ABI Group LLC this week announced that it has partnered with Arcady Capital Co. of Wichita to help finance the growth of ABI's manufacturing capabilities and aerospace services.

While terms of the partnership were not released, ABI CEO James Havers-Strong said in a press release that teaming with Arcady will help the business "continue to execute at a high level as we grow the company."

Jared Sprole, managing partner of Arcady, said his firm was excited to be part of ABI's future growth.

ABI has been aggressively growing of late.

The company recently became one of the first tenants of the Innovation Campus at Wichita State University, while at the same time expanding its local footprint with the construction of a new manufacturing plant in Newton for its chemical division.

It is also looking for a location to build a new advanced composites facility.

Daniel McCoy covers aviation, manufacturing and automotive.