Avis Industrial acquires Femco Machine
Avis Industrial acquires Femco Machine
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Avis Industrial Corp., Upland, Indiana, has completed its acquisition of the assets of Femco Machine, Punxsutawney, Pennsylvania, a provider of machining, aftermarket and original equipment manufacturer (OEM) parts and repair and field services. For more than 60 years, Femco and its employees have supported the recycling, industrial manufacturing, construction, aggregate and mining and oil and gas industries with products and services.
The business has been renamed Famco Service and Machine Inc., reflecting the robust combination of the Femco and Avis companies, and will continue to operate, as it has since 1964, in Punxsutawney. With service, machining and production capabilities, Famco will continue to serve current customers and industries while being able to support the installed base of equipment across the Avis portfolio companies, including recycling equipment manufacturer Harris.
Avis Industrial is a diversified global supplier of products and solutions through its portfolio of wholly owned subsidiary companies.
Avis Industrial President and CEO Greg King says, “We look forward to working with this great team and growing the business. Their capabilities and experience are unmatched. This transaction complements our existing subsidiaries very well and is a natural fit for our focus on service and support of heavy industries and manufacturing.”
In addition to Famco, Avis Industrial is the parent company of AI International Inc., Louisville, Kentucky; The American Baler Co., Bellevue, Ohio; Crankshaft Machine Co., Jackson, Michigan; Edgerton Forge Inc., Edgerton, Ohio; The Harris Waste Management Group, Cordele and Baxley, Georgia, and Tewkesbury, United Kingdom; James Steel & Tube Co., Madison Heights, Michigan; Pacific Forge Inc., Fontana, California; Peninsular Cylinder Co. Inc., Roseville, Michigan; and Sellick Equipment Ltd., Harrow, Ontario.
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Source: Recycling Today
Avis Industrial acquires Femco Machine
<![CDATA[Avis Industrial Corp., Upland, Indiana, has completed its acquisition of the assets of Femco Machine, Punxsutawney, Pennsylvania, a provider of machining, aftermarket and original equipment manufacturer (OEM) parts and repair and field services. For more than 60 years, Femco and its employees have supported the recycling, industrial manufacturing, construction, aggregate and mining and oil and gas industries with products and services.The business has been renamed Famco Service and Machine Inc., reflecting the robust combination of the Femco and Avis companies, and will continue to operate, as it has since 1964, in Punxsutawney. With service, machining and production capabilities, Famco will continue to serve current customers and industries while being able to support the installed base of equipment across the Avis portfolio companies, including recycling equipment manufacturer Harris.Avis Industrial is a diversified global supplier of products and solutions through its portfolio of wholly owned subsidiary companies.Avis Industrial President and CEO Greg King says, “We look forward to working with this great team and growing the business. Their capabilities and experience are unmatched. This transaction complements our existing subsidiaries very well and is a natural fit for our focus on service and support of heavy industries and manufacturing.”In addition to Famco, Avis…