Excel Storage Products Buys Lodi Metal Tech

EAST STROUDSBURG, Pa.—Rack systems manufacturer Excel Storage Products LP announced plans to acquire Lodi Metal Tech of Lodi, Calif. This announcement adds to the continually growing list of mergers and acquisitions occurring in the material handling industry.

“Lodi fits perfectly with our business, meeting our standards for delivering high-quality rack systems and exceptional customer service,” says Mike Albers, president and CEO. “With the facility in California, and our other plants in Pennsylvania and South Dakota, we now have the national reach that will accommodate all of our customers’ rack systems manufacturing needs. And, within a matter of months, we’ll have completely integrated product and service offerings at all of these locations.”

Excel Storage Products says its manufacturing capacity has doubled since 2007 when it acquired Prest Rack in Brookings, S.D.

“The acquisition is a win-win situation for both rack manufacturing companies. We bring Lodi greater size, scope and resources, and they provide us with easier access to the West Coast market,” says Albers.

Financial details were not disclosed.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish