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Orchid Acquires Material-Handling Provider

Orchid Acquires Material-Handling Provider

Thursday, May 23, 2002
 
Orchid Automation, Cambridge, Ontario, Canada, manufacturer of metal-stamping automation equipment, has acquired IM Engineered Products, Ltd.. IME produces large material-handling equipment for automotive assembly, end-of-line press-automation systems, rack handling automation, turntables, specialty conveyors and heavy-duty material-handling automation. Orchid, manufacturer of systems for quick die change, automated storage and retrieval, blank loading and destacking, and servo in-press part transfer, eyes the acquisition as a to provide turnkey press automation packages.

 

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