DE-STA-CO, an operating company
within the Material Handling platform of Dover Corporation's Industrial Products
segment, and worldwide leader in robotic tooling, work-holding and flexible
industrial automation solutions, recently announced the acquisition of Industrial
Motion Control (IMC), which has annual revenues of approximately $50 million.
Serving a global customer base, IMC is one of the world's leading industrial
automation manufacturers of mechanical motion control products, including high
precision camactuated index drives, parts handlers and precision link conveyors,
which are integrated into advanced factory automation systems used in paper
conversion, consumer products, packaging, semiconductor, automotive, medical
and pharmaceuticals. IMC's industry leading brand names of Camco and Ferguson
have a reputation for high load, high speed and high accuracy industrial automation
applications.
“IMC's products serve a variety of attractive end markets and are a key upfront
consideration in the design of new industrial automation systems,” commented
Pat Carroll, President, DE-STA-CO. “Their products' strong brand names and channels
combined with early visibility into industrial automation project requirements
will pull through additional DE-STA-CO automation products. We are very pleased
to welcome IMC to Team
DE-STA-CO,” he added.
“We are very excited about this new partnership, knowing that DE-STA-CO products
are complementing IMC's product portfolio very well. It gives us the opportunity
to offer a more comprehensive solution to our customers as they concept and
design their industrial automation systems,” said Jeff Peterson, President,
IMC.
DE-STA-CO will be exhibiting its products at IPS 2008.
