Hy-Tek Material Handling Acquires Two Ohio Companies

Mar 10, 2016, 09:30 ET from Hy-Tek Material Handling

COLUMBUS, Ohio, March 10, 2016 /PRNewswire/ -- Hy-Tek Material Handling, Inc. has acquired Gems Conveyor Installation, Inc. (GEMS) and Applied Handling Equipment Co. (AHECO). The acquisitions are expected to boost 2016 sales to $125 million. Columbus, Ohio-based Hy-Tek is the premier single-source provider of material handling solutions for industries including manufacturing, distribution, retail, pharmaceutical, food, electronics, and automotive. The acquisitions were announced by Hy-Tek CEO Sam Grooms.

GEMS is a leading installer of welded construction conveyors for the parcel handling industry. Customers include FedEx Ground, UPS, and Amazon. GEMS also provides conveyor system installation services to distribution centers nationwide. Located in Greater Cincinnati, GEMS is overseen by principals Scott Meiman and Don McDonald, reporting to Hy-Tek Integrated Systems President Tom Mann.

Dayton, Ohio-based AHECO provides products and services for ergonomic material handling. AHECO serves the automotive, aerospace, food equipment, and general manufacturing industries. Customers include Honda of America Manufacturing, UTC Aerospace Systems, and Whirlpool Corp. Principal Tim Colston oversees the division.

"For 53 years, Hy-Tek has been designing and delivering innovative material handling solutions. Our acquisition of GEMS allows us to grow as an installer of highly specialized welded construction conveyors for the parcel handling industry. With AHECO, we broaden our ergonomic product offerings. Hy-Tek looks forward to delivering sales, service, and support to growing numbers of manufacturers and distributors in the U.S. and abroad," said Grooms.

About Hy-Tek Material Handling
Hy-Tek is the premier single-source provider of material handling solutions for an extensive range of industries including manufacturing, distribution, retail, pharmaceutical, food, electronics, and automotive. Since 1963, Hy-Tek and its best-in-class industry partners—including manufacturers of industrial trucks, construction equipment, conveyor control software, automated storage and retrieval systems, racks, shelving, and conveyor systems—have been providing customers large and small with turnkey solutions. From customized one-of-a-kind handling and storage systems to pre-assembled buildings and off-the-shelf products—Hy-Tek's experienced team of engineering, sales, operations, logistics, and project management professionals partner with customers to help enhance productivity, streamline processes, and boost profitability. Headquartered in Columbus, Ohio, employee-owned Hy-Tek Material Handling serves customers in the United States, Canada, and Mexico from offices in Atlanta, Cincinnati, Cleveland, Dayton, Indianapolis, New Jersey, and Philadelphia. With projected sales of $125 million in 2016, Hy-Tek's four divisions—Integrated Systems, Industrial & Construction Equipment, Lighting Solutions, and Storage & Handling—deliver cost-effective, efficient solutions for every material handling application. www.hy-tek.net (800-837-1217).

SOURCE Hy-Tek Material Handling



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