R·O·M Corporation Continues Strategic Growth Initiative With Purchase of Bustin Industrial Products
FOR IMMEDIATE RELEASE:
BELTON, MO (September 8, 2011) -- Continuing its long-term strategic initiative of growth through new products, customer partnerships and strategic acquisitions, R·O·M Corporation is pleased to announce the acquisition of Bustin Industrial Products from MW Supply, Inc. of Glen Rose, TX.
Bustin, based in East Stroudsburg, PA (north of Philadelphia), manufactures truck and trailer access products such as walkramps, steps and ladders, and platforms as well as industrial safety access solutions that include crossovers, servicing platforms, ladders, handrails and work stands.
MW Supply will return to its roots as a manufacturer of cargo control solutions and will continue to distribute safety access solutions as a value added re-seller for R·O·M and Bustin products.
The acquisition was announced by R·O·M president Jeff Hupke. "We've always had a great deal of respect for Bustin's high-quality, safety-focused products in the truck and trailer marketplace," says Mr. Hupke. "Customers will quickly notice the synergies between the companies, and will benefit from more robust sales and engineering teams, an expanded product portfolio and the ability to get products to market more quickly."
Mr. Hupke also noted, "R·O·M's customers will also benefit from the addition of Bustin's industrial product line, Engineered to Order expertise, and 80-plus years of market leadership. Customers will be able to access the resources of both companies with one phone call."
Mike Williams, president of MW Supply, says that as he looked to grow Bustin going forward, he came to the conclusion that R·O·M was the perfect solution. "By combining the success of both teams, the responsibility of marketing the world's foremost safety solutions is now shared by a larger team," Mr. Williams said. "I am convinced it is the right fit for everyone."
Mr. Hupke emphasized that, while the ownership of Bustin has changed, everything else will remain the same. Engineering, manufacturing, sales, finance and human resources responsibilities will remain at Bustin's Pennsylvania facility. Operations at R·O·M will also remain the same. Mr. Hupke and R·O·M's management team will oversee both operations from the Kansas City location.
"Both companies will continue to operate as they have individually," Mr. Hupke says. "By combining, we're able to take advantage of the strengths of both companies while enhancing resources that will allow us to grow to meet customer needs into the future. We're excited to move forward as a company more capable of answering our customer's needs."
The Bustin acquisition follows R·O·M's announcement in August that it had purchased the lighting solutions product line from Havis, Inc., adding emergency scene lighting products to the company's offerings for the fire service industry.
"R·O·M is focused on both organic growth and strategic acquisitions," Mr. Hupke says. "This allows us to better respond to growing customer needs and provides them easier access to the products and solutions that make their businesses more successful."
R·O·M Corporation, founded in 1947, is headquartered in a 65,000 sq. ft. facility in suburban Kansas City, MO. The company's food distribution product line includes insulated bulkheads, safety walkramps, trailer platforms, trailer ladders, LED lighting and self-closing strip doors. The company also manufactures products for the fire service industry, service and utility fleets, and building security markets. ISO 9001-certified and owner of 10 U.S. and Canadian patents, R·O·M serves its national and international customer base with a field staff of territory managers and an inside customer development team. For more information on R·O·M please visit the company's website at www.romcorp.com.
Since 1928, Bustin Industrial Products has pioneered innovative safe access equipment for a variety of industries and applications. The company's truck and trailer safety access and storage solutions include walkramps, pull-out platforms, slide-out platforms, ladders and steps. Bustin's Industrial access solutions include crossovers, ladders, handrails, work stands, servicing platforms, grating products and customizable engineered-to-order solutions. The company is headquartered in East Stroudsburg, PA. For more information on Bustin please visit the company's website at www.bustin-usa.com.
About MW Supply
MW Supply is a manufacturer and distributor of cargo control and material handling solutions celebrating twenty years of business in 2012. Dealing directly with private fleets to provide customized solutions, the company focuses on service and a passion for understanding their clients' business in order to better serve them. The company website is www.mwsupply.com.
For more information, contact:
816-753-2420 ext. 334