From wikiMHEDA

Material Handling Headlines

Wixom-based forklift dealer Alta Equipment Co. closed 2009 with a string of acquisitions expected to double the company's employee headcount and triple its annual revenue.

Known before the acquisitions as Alta Lift Truck Services Inc., Alta was founded in 1984 as Michigan's dealer for forklift manufacturer Yale Materials Handling Corp.

The recent deals have added new forklift lines to the company's product portfolio; new territories in Chicago, west Michigan and parts of northern Indiana; and a new construction equipment dealership.

On Dec. 31, Alta bought the buildings, inventories and business lines of Southfield-based construction equipment dealership Wolverine Tractor & Equipment Co. from Volvo Construction Equipment.

Also on Dec. 31, Alta closed a separate stock purchase of Eaton Rapids-based Mid-State Industrial Services Inc.

Mid-State was forklift manufacturer Hyster Co.'s authorized dealership for west Michigan and parts of northern Indiana. It will now be run as a separate business owned by Alta.

Alta was tapped January 1 to be an authorized Hyster forklift dealership in Chicago, an outgrowth of Alta's acquisition of another Chicago forklift dealership in early December.

Read the full story at crainsdetroit.com.

RSS Feed  

Comment(s) Post a Comment   Be the first to comment on this News Item.  Comment on this News Item: Name: Company: Email: Comment: Security Code: Reload Image Enter the text shown in the box above. Comments that include profanity, personal attacks or antisocial behavior such as "spamming," "trolling," or any other inappropriate material will not be posted to the site and/or will be removed from the site. You are fully responsible for the content you post. Neither the Association nor the publisher of this website, Data Key Communications, Inc, are responsible for the contents thereof or the opinions of the contributors. Contact and company information entered must be true and accurate. By submitting a comment, you agree to these terms and conditions.

More Headlines Showing Page 1 of 200 1 2 3 4 5 Next›   Last›› 12/20/2011 Manufacturers To Double Internships ...more | Comments Industry leaders commit to double engineering internships. 12/20/2011 New Orders Grow In 2011 ...more | Comments Equipment orders grow 17.1 percent in first half. 12/20/2011 Coca-Cola Moves To Fuel Cells ...more | Comments Crown Equipment to provide trucks. 12/19/2011 Robotics Event Held In Indiana ...more | Comments Indiana Robotics Invitational inspires young people. 12/19/2011 BMW Seeks Methane-to-Hydrogen Conversion ...more | Comments Automaker launches $1 million project to convert landfill gas. 12/19/2011 CEMA Reports Growth ...more | Comments Booked Orders Index up 7 percent over 2010. 12/16/2011 Small Business Contracting Increases ...more | Comments Federal government shows increase in contracting dollars to small firms. 12/16/2011 U.S. Leads World In Hydrogen Forklifts ...more | Comments More than 1,500 forklifts deployed or ordered in 2010. 12/16/2011 Supply Chain Impacted By Social Media ...more | Comments Social media are having an effect on supply chains and procurement. 12/15/2011 NMHG Receives Top Plant Award ...more | Comments Berea, KY manufacturing facility receives 2011 Top Plant Award.