From the Wires
Holden Industries Acquires Vector Technologies, Ltd.
By: PR Newswire
Jan. 14, 2013 06:35 PM
DEERFIELD, Ill., Jan. 14, 2013 /PRNewswire/ -- Holden Industries, Inc. announced its acquisition of Vector Technologies, Ltd., based in Milwaukee, Wisconsin. Vector is a leading world designer and manufacturer of powerful industrial vacuum cleaner and cleaning systems, air and hydro vacuum excavators, combination vacuum & jetters, hydro blast liquid recovery equipment, abrasive blasting and surface preparation equipment, portable vacuum trailer and baghouses, spill response equipment, asbestos and hazardous waste industrial vacuum removal equipment, and other conveyance products for hazardous and non-hazardous material handling.
Holden Industries is the parent company of Vac-Con, Inc., based in Green Cove Springs, Florida, which is a premiere manufacturer and distributor of truck-mounted and skid-mounted vacuum sewer cleaning equipment, hydro-excavation equipment and related products. Joseph Haas, President & CEO of Holden Industries, stated that "the addition of Vector represents a significant extension of our product offerings in the vacuum technology arena as well as a further diversification of the customer base for our products."
According to Darrell Lesage, President of Vac-Con, "the combination of Vac-Con and Vector further enhances our position as a leader in the industry, and expands our ability to support our dealers and our end user customers throughout the world. Vector shares Vac-Con's commitment to excellence, innovation and customer satisfaction."
Stephen Schoenberger, President of Vector, commented that "Joining the Vac-Con team creates exciting opportunities for the combined companies, both domestically and internationally. In addition, becoming part of the Holden Industries group of businesses will provide Vector with greater financial and other resources to support its continuing growth, as well as affording benefits to the current and future Vector employees."
Holden Industries, Inc. is a 100% employee owned ESOP company based in Deerfield, Illinois with diversified manufacturing operations in Illinois, Wisconsin, Ohio, Florida, Texas, Georgia, Michigan, California and Arizona as well as Pune, India and Taichung, Taiwan.
SOURCE Holden Industries, Inc.
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