Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Hy-Tek Holdings Acquires Advanced Handling Systems

Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems, LLC (AHS).

Hy-Tek Holdings Acquires Advanced Handling Systems

January 5, 2022, Columbus, OH…Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems, LLC (AHS). Hy-Tek is a material handling automation integrator serving clients in diverse end-markets and applications, including ecommerce, third-party logistics, and parcel. AHS is a material handling automation integrator offering a full suite of services with a focus on robotic solutions. Together, the companies operate as Hy-Tek Material Handling, LLC. The acquisition was announced by Hy-Tek Holdings CEO Sam Grooms.


“Hy-Tek’s acquisition of AHS broadens our offerings as the predominant player in material handling and integrated systems. With AHS robotic solutions, Hy-Tek delivers cutting-edge technology that optimizes fulfillment, speeds distribution, and addresses labor shortages within a challenging supply chain. Committed to growth through acquisitions, Hy-Tek always is looking for best-of-breed companies to join our team,” said Grooms.

About DPC
DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.

About AHS
Located in Erlanger, KY, AHS is a material handling automation integrator offering a full suite of services with a focus on robotic solutions. AHS has two facilities in the United States and employs approximately 90 people. Contact www.ahs1.com.

About Hy-Tek
Headquartered in Columbus, OH, Hy-Tek is a material handling automation integrator serving clients in diverse end- markets and applications, including ecommerce, third-party logistics, and parcel. Hy-Tek was established as a combination of Hy-Tek Material Handling, WorldSource, BP Controls, and AHS. Together, they operate as Hy-Tek Material Handling, LLC. Hy-Tek is the premier single-source provider of material handling solutions for a wide range of industries including manufacturing, distribution, retail, construction, food, electronics, and automotive. Since 1963, Hy-Tek and its best-in-class industry partners—including manufacturers of industrial equipment; conveyor systems; automated storage and retrieval systems; rack and shelving—have been providing customers large and small with turnkey solutions. From customized one-of-a-kind handling and storage systems to pre-assembled buildings and off-the-shelf products—Hy-Tek’s experienced team of engineering, sales, operations, and project management professionals partner with customers to help enhance productivity, streamline processes, and boost profitability. With over 500 employees, Hy-Tek serves customers in the United States, Canada, and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania, and Tennessee. Contact www.hy-tek.com or 800.837.1217.

https://hy-tek.com/

Recent

More Stories

Armlogi expands shipping capabilities with Amazon Shipping integration

WALNUT, CA, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the integration of Amazon Shipping into its suite of shipping solutions. This new addition is expected to enhance Armlogi’s shipping capabilities, providing customers with more efficient and cost-effective options for parcel delivery.

Since its launch last week, Amazon Shipping has already enabled Armlogi to handle thousands of parcels daily. This service supports Armlogi’s commitment to offering versatile, reliable logistics solutions by ensuring timely pickup and delivery for a broad range of customer needs. Amazon Shipping is particularly noted for its efficiency and cost-effectiveness, making it an attractive option for businesses looking to optimize their shipping and distribution strategies.

Keep ReadingShow less

Featured

Dematic Announces Recipients of Second Annual STEM Scholarship Program

Dematic Announces Recipients of Second Annual STEM Scholarship Program

GRAND RAPIDS, Mich. – Jan. 8, 2025 – Dematic is proud to announce the recipients of its 2024 Dematic STEM Scholarship Program, presented in partnership with Grand Rapids Community College (GRCC). In its second year, this program highlights Dematic’s commitment to cultivating science, technology, engineering, and mathematic (STEM) innovators and its strong ties to the Grand Rapids community.

As a supply chain automation and software solutions provider, STEM is a core component of Dematic’s business. By supporting STEM students, Dematic is empowering the next generation of supply chain automation leaders.

Keep ReadingShow less
NORD Showcases Robust, Reliable Meat and Poultry Drive Solutions at IPPE

NORD’s specialized solutions for the poultry and meat processing industry are highly reliable, cost-effective, and built to withstand harsh wash-down environments.

Photo courtesy of NORD DRIVESYSTEMS

NORD Showcases Robust, Reliable Meat and Poultry Drive Solutions at IPPE

NORD DRIVESYSTEMS will once again be exhibiting at the International Production & Processing Expo (IPPE), the world’s largest annual poultry and meat processing industry event. This year’s convention will be held at the Georgia World Congress Center in Atlanta, GA January 28-30, 2025. NORD offers a modular product system with over 20,000,000 standard options, enabling configuration of solutions that precisely meet application requirements without the need for costly custom components. Their poultry and meat processing solutions include hygienic, smooth surface gear motors, versatile electronic motors, intelligent variable frequency drives, drop-in ready overhead conveyor drives, and more.

Visit IPPE Booth B38075 to discuss these solutions and more with NORD experts:

Keep ReadingShow less
Loren Swakow announces retirement as managing director of NOBLELIFT North America

Loren Swakow announces retirement as managing director of NOBLELIFT North America

Des Plaines, Illinois – Loren Swakow, Managing Director of NOBLELIFT North America, has announced his retirement effective January 31st, 2025, leaving behind a legacy of unprecedented growth, innovation, and strong relationships built over nearly a decade at the helm of the company.

Swakow joined NOBLELIFT in October 2016, tasked with the challenge of bringing an unknown brand into the highly competitive American market. At the time, NOBLELIFT had no dealer network and minimal brand recognition. Over the course of eight years, Swakow's strategic leadership and expertise have led to remarkable success, driving average annual growth of 43%. Today, NOBLELIFT is supported by a professional dealer network spanning the entire country, with sales growth consistently outpacing the industry, a true testament to Swakow’s vision and determination.

Keep ReadingShow less
A photo of Michael Cavanaugh at KPI Solutions

KPI Solutions announces Larry Strayhorn’s retirement and appointment of new CEO

BELTON, MO (December 10, 2024) – KPI Solutions (KPI), a leading supply chain consulting, software, systems integration, and warehouse automation supplier today announced the retirement of Larry Strayhorn and appointment of Michael Cavanaugh as Chief Executive Officer.

Larry serves the material handling industry with a position on the MHI Board of Governors and was a key figure in the 2021 formation of KPI Solutions. His 40+ year career includes executive roles at leading supply chain and enabling technology companies, including WEPCO, Paragon Technologies, TGW, Diamond Phoenix, and Dematic. Going forward, he will join KPI’s Board of Directors and act in an advisory role for the new CEO.

Keep ReadingShow less