Stac Material Handling, Inc announced the sale of its subsidiary Stac Industrial, Inc to Jasper Industrial Supply, Inc. Wednesday.
The sale is effective May 15, 2019.
Stac Industrial, Inc operates as an industrial supply company specializing in regional distribution of fasteners, safety supplies, janitorial supplies and abrasives serving the regional area. The Stac Industrial name will dissolve and move forward as Jasper Industrial Supply in the coming months.
The sale bolsters the supply capabilities of Jasper Industrial Supply within the region.
“The acquisition by Jasper Industrial allows Stac Material Handling to focus our attention and growth into areas of conveyance, robotics, mobile industrial robots, and auto-guided vehicles,” said Kim Schroeder, president and CEO of Stac Material Handling. “The strategic direction and growth of Stac Material Handling is geared toward system based solutions inside the manufacturing and distribution markets throughout the United States. We are very pleased to have such a solid and competent company such as Jasper Industrial Supply, Inc acquire Stac Industrial as they remain committed to growing and serving the local manufacturing markets in industrial supply.”
Stac Industrial has six employees and they will continue employment with Jasper Industrial Supply.
Stac Material Handling was established in 2004 and maintains a focus of helping manufacturing and distribution segments safely and efficiently build and distribute their products. Our technology and our capabilities continue to evolve and grow. Stac works with many of the largest companies in the country and does business across North America. Stac focuses on project based solutions such as conveyance, auto guided vehicles (AGVs), industrial robotics, mezzanines, modular buildings, carton flow, pallet flow, cranes, air movement, specialty storage and racking applications and more. www.stacmh.com