Home » Hisco Acquires B&L Technologies Distribution Division
Hisco Acquires B&L Technologies Distribution Division
June 19, 2008
Hisco, Houston, TX, has acquired the distribution division of B&L Technologies, a Victor, NY-based capital equipment and materials supplier to the electronics assembly industry. This expansion strengthens Hisco's operations in upstate New York and adds a 6,000-square-foot-facility to Hisco's network.
The new location will operate as a satellite division of Hisco's New Jersey branch.
Hisco President Bob Dill said there is a strong synergy between the two companies. The parallels between our customer base, core product offering, and value proposition made this a natural fit,"Dill said.
Bob Bernatovich, president of B&L said that the company will continue to offer its existing line of capital equipment.
Hisco is an employee-owned specialty distribution company serving the electronic assembly and other industrial markets. In addition, Hisco also specialized warehousing for chemical management, cold storage and logistic services. Hisco includes 27 stocking locations -20 in the U.S. and seven operated by the HiscoMex subsidiary in Mexico -plus four Precision Converting facilities that provide fabrication and custom repackaging.