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MiTek, a global leader in construction technology, acquired Acer Lumber Retrieval Systems, a long-time partner in automation solutions for the component manufacturing industry. Acer designs and manufactures the Ranger Retrieval System.
MiTek plans to expand its manufacturing operations in Tolleson, Phoenix, Arizona, adding 40 new jobs and investing $5 million in facility and equipment. The expansion will add 153,000 square feet to produce Lateral Systems and Builder Products.
MiTek has acquired US-based Hornet Saw Systems and related software by iN4 Solutions, Inc., broadening MiTek's automation solutions for component manufacturers.
| Site | Largest | Latest |
|---|---|---|
| Tolleson, United States | $5.00M | 2020-08-21 |