November 27, 2017

Fast-growing Louisville Company Buys Two Industry Peers

From Business First:


Material Handling Systems Inc., a provider of sortation systems used in e-commerce and shipping centers, has acquired Atronix Engineering Inc. and Advanced Production Systems Inc.


Atronix integrates controls systems and APS specializes in engineering, designing and assembling control panels. MHS was recently on our Fast 50 list of growing companies in Louisville.


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Material Handling Systems Inc. has named Markus Augeneder as its CEO of International, succeeding Scott McReynolds, who recently was named CEO of MHS.

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“The continued transformation of retail and labor trends push companies to invest more heavily in supply chain infrastructure and automation in particular,” says Tony Mouser, CEO of Material Handling Systems.