Auxiliary supplier ACS Group (Schaumburg, IL) has added electric and gas-fired crystallizing and drying systems to its stable of offerings with the acquisition of Walton/Stout Inc. (Lithonia, GA), saying the complementary purchase will allow it to offer the plastics compounding and recycling industries complete systems. ACS Group, which is owned by the Harbour Group (St. Louis, MO) investment firm, says the purchase will give processors nearly all the technologies needed for single auxiliary equipment source.
In a release, Tom Breslin, president of ACS, said that for Walton/Stout, which also supplies equipment for material handling and blending, the combination will allow it to offer relevant technologies in temperature control, process cooling, and size reduction to its existing customers through one combined company. ACS will continue to support Walton/Stout equipment in operation through its parts and service group. Walton/Stout serves the plastics, process, chemical, and food markets, with a 50,000 ft2 manufacturing center, including sheet metal fabrication and in-house painting and electrical design.
ACS, through its AEC, Sterling, Sterlco, Sterltech, Ball & Jewell, Cumberland Engineering, Colortronic, Economizer, and Wabash and Carver lines, supplies size-reduction, material conveying, heat exchangers (mold temperature controls units and chillers), drying system, presses, robots, and metering and blending equipment. —[email protected]