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Material Handling Systems, Inc. (MHS) acquired OCM (Officina Costruzioni Meccaniche), a European-based sortation system technologies company headquartered in Parma, Italy. The acquisition was announced on August 13, 2018.
Material Handling Systems (MHS) has entered into a definitive agreement to acquire VanRiet Material Handling Systems from Avedon Capital Partners and management. The acquisition aims to expand MHS's capabilities in parcel sortation and logistics.
Conveyor system builder Material Handling Systems announced plans to expand its facility in Mount Washington, Kentucky, doubling its operational footprint. The $20 million expansion is expected to create up to 300 jobs and be completed within a year.
| Site | Largest | Latest |
|---|---|---|
| Mount Washington, United States | $20.0M | 2018-05-02 |