Colson Group Holdings Announces Acquisition of Algood Caster Innovations, Expanding North American Manufacturing and Mobility Solutions Expertise

ST. JOSEPH, Mich., Sept. 28, 2026 /PRNewswire/ -- Colson Group, the expert in mobility solutions, announces the acquisition of Algood Caster Innovations, a leading North American manufacturer of industrial and specialty casters, wheels, and mobility solutions.

Founded in 1969, Algood brings more than five decades of caster and wheel expertise to Colson Group, along with a highly integrated manufacturing operation in the Toronto area. Algood's capabilities span engineering and design, tool and die, metal stamping, injection molding, CNC machining, robotic welding and quality assurance, providing the ability to develop and manufacture solutions from concept through production within a single operation.

"Algood is a natural addition to Colson Group because of the expertise, innovation and customer focus our organizations share," said Rich Kobor, Chief Executive Officer of Colson Group. "Their team has built an outstanding reputation by understanding customer applications and translating those needs into well-engineered products. Bringing that expertise together with Colson's global manufacturing footprint, engineering resources and broad portfolio strengthens our ability to connect customers to the right mobility solution."

Algood manufactures industrial and specialty casters, brakes and wheels across a broad range of applications and load capacities. Its engineering-led approach includes the development of specialized solutions when standard products do not fully address an application's requirements.

The combination also reinforces Colson Group's commitment to resilient, regional manufacturing. Algood's integrated Canadian manufacturing operation complements Colson Group's existing North American footprint and adds additional engineering and production capabilities close to the customers and markets they serve.

"Since our father founded Algood in 1969, our business has been built around craftsmanship, innovation, quality and an unwavering commitment to our customers," said Craig Guttmann, President of Algood Caster Innovations. "We are excited to join Colson Group and believe the combination creates new opportunities for our employees, customers and partners while building on the values and expertise that have defined Algood for more than 50 years."

Algood will continue serving its customers and channel partners with the products, expertise and service they know today, now supported by the broader resources and capabilities of Colson Group.

About Colson Group

Colson Group connects customers to the right mobility solution through channel partners, application expertise, engineering capability, and a resilient global manufacturing and supply network. From standard products to custom designs, Colson delivers mobility solutions that perform in real-world environments—wherever customers operate.

SOURCE Colson Group