Myers Industries, Inc. (NYSE: MYE), Akron, OH, has acquired Jamco Products, Inc., South Beloit, IL. Jamco, with sales between $15 and $18 million, is a manufacturer of heavy duty industrial steel carts and safety cabinets. Jamco will become part of Myers’ Material Handling Segment.
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The acquisition complements Myers Industries’ existing Akro-Mils business and aligns with the company’s material handling growth strategy.
Jamco, founded in 1995, manufactures such products as welded steel service carts, platform trucks, mobile work centers, racks and cabinets for plastic bins, safety flammable cabinets and medical cylinder carts.