Intelligrated
TypePublicly held company
IndustryMaterial Handling, Logistics Management
Founded2001
FoundersChris Cole (CEO), Jim McCarthy (President & COO)
HeadquartersMason, Ohio, United States
Area served
North and South America, Asia Pacific
Websitewww.intelligrated.com
Post-acquisition logo
Post-acquisition logo

Intelligrated, Inc. (a portmanteau of intelligent and integrated) was a material handling automation and software engineering company based in Mason, Ohio. In 2016, it was acquired by Honeywell, who made it a subsidiary and renamed it to Honeywell Intelligrated. 2017, Honeywell Intelligrated reported revenue of $1 billion.[1] Honeywell Intelligrated has production and service locations in the United States, Canada, India, Mexico, Brazil, and China.[2]

History

Intelligrated was founded in 2001 by Chris Cole and Jim McCarthy,[3] and has its headquarters in Mason, Ohio, a suburb of Cincinnati.[4]

In 2002, Intelligrated acquired the Versa Conveyor product line from Conveyors Ltd.[5] Later that same year, the company opened a new manufacturing facility in London, Ohio.[6] By the end of 2008, Intelligrated employed more than 500 associates, with field operations throughout the U.S.[2]

In 2009, as it purchased the North and South American operations of FKI Logistex, it grew to 1,500 associates[7]

In 2012, Intelligrated began operations in São Paulo, Brazil.[8]

In August 2012, Intelligrated was acquired by Permira.[9]

In August 2016, Honeywell completed its acquisition of Intelligrated in a transaction valued at $1.5 billion, with the company joining Honeywell's Safety and Productivity Solutions business group.[10] Intelligrated was rebranded as Honeywell Intelligrated.

Activities

Honeywell Intelligrated designs, builds and installs tools for automated material handling including case and pallet conveyors, IntelliSort sortation systems, Alvey palletizers, robotic systems, order fulfillment systems and advanced machine controls.[11]

References

  1. "Top 20 Material Handling System Suppliers in 2017". Modern Materials Handling. May 14, 2018. Retrieved 2018-06-08.
  2. 1 2 "Intelligrated Company History". Packaging World. Retrieved 2018-06-08.
  3. "Mason firm sold for $1.5B to Honeywell". Cincinnati.com. Retrieved 2019-04-09.
  4. Chelsey Levingston, Staff Writer. "Mason's Intelligrated to expand headquarters campus again". daytondailynews. Retrieved 2019-04-09.
  5. "News Briefs". Material Handling and Logistics (MHL News). 2002-03-01. Retrieved 2019-04-09.
  6. "Intelligrated works with local, state governments to drive its development - News - Columbus CEO - Columbus, OH". www.columbusceo.com. Retrieved 2019-04-09.
  7. "Supply chain news: Holste on merger of Intelligrated and FKI Logistex". Supply Chain Digest. May 28, 2009. Retrieved 2014-02-06.
  8. "SDI Group USA and Intelligrated launch Brazil operations". Supply & Demand Chain Executive. February 8, 2012. Retrieved 2014-02-06.
  9. "Permira funds complete acquisition of Intelligrated". www.mmh.com. Retrieved 2019-04-09.
  10. "Honeywell to Acquire Intelligrated, A Leader in Supply Chain and Warehouse Automation Technologies". Honeywell Press Release. June 1, 2016. Retrieved 2017-09-27.
  11. "Intelligrated". MHI. December 4, 2013. Retrieved 2014-02-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.