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Follow on Google News | 1stSource acquires Product Handling1stSource Products, Inc. announces the acquisition of Product Handling of Buckner, KY
Jeffersonville, Indiana – September 10, 2008 1stSource Products, Inc. is pleased to announce the acquisition of the Product Handling (PHEI) Logan Enclosed Track Conveyor (ETC) product line. Product Handling Equipment, Inc., a privately held company located in Buckner, KY has been a manufacturer of the round tube light duty Logan ETC product line since 1991. The addition of this new product line which will be rebranded as E-Trac Lite will supplement the existing strong product offering, including E-Trac a heavier load capacity square tube enclosed track conveyor, already available from 1stSource. This strategic acquisition is a result of the ongoing 1stSource commitment to remain an industry-leader of material handling products and services. The E-Trac family of products which was developed by 1stSource in 2000 continues to expand to meet a wider set of customer needs with standard proven engineered equipment. Beginning immediately, 1stSource will execute the planned integration of the products, customers, and inventory to ensure a smooth transition that will deliver immediate value for customers. B. Scott Sparks Vice President Sales & Marketing 1stSource Products, Inc. Jeffersonville, IN # # # 1stSource supplies quality, cost effective hardware systems and components to OEMs, Distributors and End Users worldwide. Our goal is to serve all Industry while focusing on Material Handling and Conveying as well as Fence and Gate Hardware. End
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