Hy-Tek Material Handling Acquires Two Companies

The company, which expects to boost 2014 revenues to $95 million, acquired Conveying Solutions, Inc. and Allied Conveyor Systems

Columbus, OhioJan. 24, 2014Hy-Tek Material Handling, Inc. announced the acquisition of Atlanta-based Conveying Solutions, Inc. and Allied Conveyor Systems, effective immediately. Together, the two companies form the Atlanta office of Hy-Tek’s Integrated Systems Division. The acquisition is expected to boost Hy-Tek’s 2014 revenues to $95 million, an increase of $15 million over 2013 sales of $80 million. Columbus-based Hy-Tek is a single-source provider of material-handling solutions for industries that include manufacturing, distribution, retail, pharmaceutical, food, electronics and automotive. The acquisition was announced by Hy-Tek CEO Sam Grooms.

Hy-Tek Integrated Systems/Atlanta employs 14 engineering and project management professionals, overseen by Mickey Thompson, principal of Conveying Solutions and Allied Conveyor Systems. With a solid foothold in the retail industry, Conveying Solutions provides material-handling solutions to Neiman Marcus and other luxury retailers, along with discount and chain retailers nationwide.

In addition, Conveying Solutions is the full-service authorized dealer for Kardex Remstar vertical storage systems in Alabama and Georgia. Allied Conveyor Systems is a manufacturer of overhead and floor conveyor systems that are used for distribution and warehousing, paint finish and processing, and in-line and flexible assembly operations in industries that include automotive, electronic and agriculture, among others.  

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