Avis Industrial Corp., Upland, Indiana, has completed the acquisition of the assets of Femco Machine, Punxsutawney, Pa., a supplier of machining parts, replacement parts and original equipment manufacturer (OEM), field repair and service. For more than 60 years, Femco and its employees have supported the recycling, industrial manufacturing, construction, aggregates and mining, and oil and gas industries with products and services.
The business has been renamed Famco Service and Machine Inc., reflecting the strong combination of Femco and Avis companies, and will continue to operate, as it has since 1964, in Punxsutawney. With service, machining and production capabilities, Famco will continue to serve current customers and industries while being able to support the installed base of equipment in Avis portfolio companies, including the manufacturer of Recycling Equipment.
Avis Industrial is a diversified global provider of products and solutions through its portfolio of wholly owned subsidiaries.
Industrial Opinion President and CEO Greg King said, “We look forward to working with this great team and growing the business. Their abilities and experience are unmatched. This transaction complements our existing subsidiaries very well and fits naturally into our focus on serving and supporting heavy industries and manufacturing.
In addition to Famco, Avis Industrial is the parent company of AI International Inc., Louisville, Kentucky; The American Baler Co., Bellevue, Ohio; Crankshaft Machine Co., Jackson, Michigan; Edgerton Forge Inc., Edgerton, Ohio; The Harris Waste Management Group, Cordele and Baxley, Georgia, and Tewkesbury, UK; James Steel & Tube Co., Madison Heights, Michigan; Pacific Forge Inc., Fontana, Calif.; Peninsular Cylinder Co. Inc., Roseville, Michigan; and Sellick Equipment Ltd., Harrow, Ontario.