Modern Materials Handling: Top 20 materials handling system suppliers 2020
From Modern Materials Handling:
Rising to No. 9, Material Handling Systems (MHS) debuted on last year’s list at No. 10. It has since grown revenues by more than 16% to cross the $1 billion mark. MHS business units include Parcel North America, Lifecycle Performance Services and research and development offices in Mount Washington, Ky., as well as distribution and fulfillment offices in Atlanta.
MHS acquired control system integrator Atronix in November 2017, global integrator VanRiet in May 2018, materials handling equipment integrator A2i in July, and sortation specialist OCM in August 2018. In early 2020, the company launched MHS Insights, a condition-based maintenance solution that monitors assets through IoT sensors and system data.
“By not leveraging data, warehouses and distribution centers miss significant opportunities to reduce downtime and make their service operations more effective and efficient,” says John Sorensen, senior vice president of Lifecycle Performance Services for MHS. “MHS Insights is designed to address this deficiency by combining data and analytics to provide precise, timely maintenance insights.”