List Your Equipment For Free  /  Seller Login

Hilltip Acquires Industrial Metal Products Inc.

Mon October 31, 2022 - National Edition #23
Hilltip Corp.


The acquisition of Industrial Metal Products will allow Hilltip to manufacture its products in North America using the company’s Fort Wayne facility, which will immediately get an expansion for increased production and storage capacity.
The acquisition of Industrial Metal Products will allow Hilltip to manufacture its products in North America using the company’s Fort Wayne facility, which will immediately get an expansion for increased production and storage capacity.
The acquisition of Industrial Metal Products will allow Hilltip to manufacture its products in North America using the company’s Fort Wayne facility, which will immediately get an expansion for increased production and storage capacity. Industrial Metal Products will continue production and development of its existing product line as a separate division of Hilltip, and it will still carry the Industrial Truck Beds brand name.

Hilltip, a manufacturer of snowplows, spreaders, de-icing sprayers, sweepers and other road maintenance equipment, has acquired all assets of Industrial Metal Products Inc., an Indiana-based manufacturer of truck beds and other quality metal products.

The arrangement provides growth opportunities for both companies' products, while aiding Hilltip's expansion in the North American market.

The acquisition of Industrial Metal Products will allow Hilltip to manufacture its products in North America using the company's Fort Wayne facility, which will immediately get an expansion for increased production and storage capacity. In addition to the logistical benefits of production at the Indiana location, Hilltip will establish staff resources and a customer service team to better serve dealers and customers in the United States and Canada.

"We are now able to manufacture all our industry leading products in the United States and distribute throughout North America," said Craig Sandmann, managing director of Hilltip Inc. North America. "This includes our complete line of spreaders, sprayers and brooms, as well as established Hilltip products lines we have yet to offer domestically."

Industrial Metal Products will continue production and development of its existing product line as a separate division of Hilltip, and it will still carry the Industrial Truck Beds brand name.

"With 20 years of experience in the truck equipment industry, Industrial Metal Products has a lot of brand equity," said Sandmann. "We anticipate growing the Industrial Metal Products brand and business, while expanding Hilltip's North American footprint with our innovative winter maintenance technologies. The synergies between our management teams and dealer networks provide tremendous opportunities for both product lines. It's an exciting development for our employees, dealers and customers."

Headquartered in Pietarsaari, Finland, Hilltip Oy is a leading manufacturer of road maintenance equipment in Europe founded by brothers Tom and Frank Mäenpää. With equipment designed and built in an area that averages at least six months of snowfall every year, Hilltip is known for its extreme durability and advanced technologies. Opening its U.S.-based subsidiary, Hilltip Corp., in 2020, the company is now actively bringing these industry-leading advancements to the North American market.

For more information, call 859/760-7211 or visit www.hilltipna.com.

Industrial Metal Products will continue production and development of its existing product line as a separate division of Hilltip, and it will still carry the Industrial Truck Beds brand name.




Today's top stories

Florida's Sarasota Bradenton International Airport Sees $105M Terminal Expansion

Louisville Pump Station Receives $230M Update

Rokbak Haul Track Telematics Boost Uptime With Proactive Maintenance

SISO Air, InTerra Form Strategic Reseller Agreement

Hitachi Construction Machinery Wins Silver in 2024 Anthem Award

Balfour Beatty's Carolinas Operations Selected for Over $36M in Special Project Works

Caterpillar to Spotlight 'Next 100 Years' at CES 2025

Liebherr to Exhibit at World of Concrete 2025


 







\\ \\ \\