Hy-Tek Material Handling, Inc. announces the acquisition of Gems Conveyor Installation, Inc. (GEMS) and Applied Handling Equipment Co. (AHECO). The acquisitions are expected to boost Hy-Tek’s 2016 sales to approximately $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.
A leading installer of welded construction conveyors, GEMS serves the biggest names in the parcel handling industry, including FedEx Ground, UPS, and Amazon. GEMS also provides conveyer system installation services to distribution centers serving diverse industries nationwide. With offices in Greater Cincinnati, GEMS is overseen by principals Scott Meiman and Don McDonald, reporting to Hy-Tek Integrated Systems (IS) President Tom Mann.
“The GEMS acquisition opens a new market with tremendous opportunity for Hy-Tek,” said Mann. “The welded construction conveyor business is a specialized niche with significant growth potential. Welded conveyor frames are designed to absorb the enormous beating the parcel handling industry requires. Couple GEMS’ welded construction expertise with Hy-Tek’s support, and the potential for growth is huge,” Mann said.
“GEMS has enjoyed a successful subcontractor relationship with Hy-Tek IS since opening our doors for business in 2001,” said Meiman. “We’re delighted now to become part of the Hy-Tek family.”
Dayton, Ohio-based AHECO is known for its expertise in providing products and services for ergonomic material handling. Renamed the Applied Division of Hy-Tek Material Handling and overseen by principal Tim Colston, it serves the automotive, aerospace, food equipment, and general manufacturing industries. Notable clients include Honda of America Manufacturing, UTC Aerospace Systems, and Whirlpool Corp.
“We’re thrilled to join Hy-Tek Material Handling,” said Colston. “Our ergonomic storage and handling expertise, coupled with Hy-Tek’s resources and reach, create an unbeatable one-two punch.”
Having designed and delivered innovative material handling solutions for 53 years, Hy-Tek has a history of growth through strategic acquisitions. “GEMS gives Hy-Tek Integrated Systems the opportunity to become a leading installer of welded construction conveyor systems for the parcel handling industry. The Applied Division of Hy-Tek Material Handling broadens our ergonomic product offerings. We look 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 a 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. Contact www.hy-tek.net (800-837-1217).
