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On September 15, 2010, Dematic Group successfully completed the acquisition of HK Systems, a North American automated material handling and software provider. [10] The expanded manufacturing footprint allows Dematic to manufacture within the USA storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order fulfillment technology.
The company is an international manufacturer of conveyor and power transmission belts made of synthetic materials. The group has eight production facilities in Europe, Asia and America, as well as warehouses and workshops in over 50 countries. There are Forbo Siegling service points in more than 300 places all over the world.
1994: Superior earns its first patent for development of the FD Series conveyor axle, which reduces conveyor setup time to seconds. 1997: After years of research and development, the first TeleStacker® Conveyor debuts. It earns international attention. 1999: Astec Industries, a publicly traded company from Chattanooga, Tennessee, acquires ...
To rank these companies, we have used their assets, revenues, profits, market cap and employees, with all the information being taken from the Fortune 500 list for industrial companies in the US.
This list comprises the largest companies currently in the United States by revenue as of 2024, according to the Fortune 500 tally of companies and Forbes. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as ...
The company is headquartered in Braintree, Massachusetts. While the products sound automotive to the layman, in fact most Altra products are used on industrial machinery, such as fail-safe brakes for elevators and forklifts, gearboxes on conveyors, heavy duty brakes on mining equipment, clutches for beverage capping equipment, etc.
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