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2007-12-19 Manufacturing
News
Dover division acquires industrial automation solutions manufacturer An operating company within the Material Handling platform of Dover Corporation acquires a robotic tooling, work-holding and flexible industrial automation solutions biz.
DE-STA-CO, Madison Heights, Michigan, USA, an operating company within
the Material Handling platform of Dover Corporation's Industrial Products
segment, and a worldwide leader in robotic tooling, work holding and flexible
industrial automation solutions, announces the acquisition of Industrial
Motion Control, LLC ("IMC"), which has annual revenues of approximately
$50 million. Terms of the transaction were not disclosed. Serving a global customer base, IMC is one of the world's leading industrial
automation manufacturers of mechanical motion control products, including
high precision cam-actuated index drives, parts handlers and precision
link conveyors, which are integrated into advanced factory automation
systems used in a wide variety of industries, including paper conversion,
consumer products, packaging, semiconductor, automotive, medical and pharmaceuticals.
IMC product lines include custom cams, parts handlers, precision link
conveyors and servo-mechanical drive systems. IMC's industry leading brand
names of CAMCO and Ferguson have a proven reputation in the market for
high load, high speed and high accuracy industrial automation applications.
CAMCO was a division of Emerson Electric Co. and Emerson Electric holds
majority ownership of IMC. The Company operates within the Emerson Industrial
Automation Group. IMC is headquarted in Wheeling, IL., USA, with production
bases in Wheeling and Brussels, Belgium and China. IMC has world wide
sales and service networks covering North and South America, Europe and
Asia-Pacific.
"IMC's products serve a variety of attractive end markets and are
a key upfront consideration in the design of new industrial automation
systems," commented Pat Carroll, President of DE-STA-CO. "Their
products' strong brand names and channels combined with early visibility
into industrial automation project requirements will pull through additional
DE-STA-CO automation products. We are very pleased to welcome IMC to Team
DE-STA-CO." Jeff Peterson, President of IMC added "We are very excited about
this new partnership, knowing that DE-STA-CO products are very complementary
to IMC's product portfolio. It gives us the opportunity to offer a more
comprehensive solution to our customers as they concept and design their
industrial automation systems." DE-STA-CO Industries is the world's leading manufacturer of manual toggle clamps and is also the global leader for providing clamping, gripping, transfer and robotic tooling solutions for workplace automation needs. The company is committed to the Team DE-STA-CO philosophy, a progressive approach to doing business that focuses on providing consistent, standard-setting service and products to every customer, regardless of geographic location. For more information about DE-STA-CO, please see their website. Dover Corporation (NYSE: DOV), with over $7 billion in annualized revenues,
is a global portfolio of manufacturing companies providing innovative
components and equipment, specialty systems and support services for a
variety of applications in the industrial products, engineered systems,
fluid management and electronic technologies markets. For more information
visit the Dover Corporation company website.
. ELAU implements interfacing standard
for packaging automation system
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