Myers Industries acquires Jamco ® material handling business
Myers Industries, Inc. announced that it has completed the acquisition of Jamco Products, Inc. Jamco, with sales in the range of $15.0 to $18.0 million, is a leading designer and manufacturer of heavy-duty industrial steel carts and safety cabinets used across many markets. Jamco's strong product offering, relationships with industrial distributors and reputation for quality and service complements Myers Industries' existing Akro-Mils® business and aligns with the Company's material handling growth strategy. Jamco, founded in 1995, is well established in industrial and commercial markets with its wide selection of welded steel service carts, platform trucks, mobile work centers, racks and cabinets for plastic bins, safety flammable cabinets, medical cylinder carts and more. Jamco's manufacturing facilities are located in South Beloit, IL. Jamco will become a valuable part of Myers Industries' Material Handling Segment. Businesses in this segment include North America-based Buckhorn,® a leading manufacturer of plastic
reusable bulk containers and totes for diverse markets; and Akro-Mils, a leader in plastic storage bins, organization systems and metal transport carts for industrial and commercial markets. The segment also includes Brazil-based Myers do Brasil® and Plasticos Novel,® which produce plastic reusable containers, totes and crates for agriculture, beverage, food processing and manufacturing markets.