LeMar Industries acquires Riley Equipment
Jan. 6, 2012
by World Grain Staff
DES MOINES, IOWA, U.S. — LeMar Industries announced on Jan. 5 that it has acquired leading material handling manufacturer Riley Equipment.
“With this move we take LeMar’s core product offerings to the next level with significant expansion benefiting customers immediately,” said Robert Martin, president. “Our partners can be confident in an enhanced experience marked by LeMar’s signature service and flexibility.”
The move expands LeMar’s product line to include bucket elevators, chain drag conveyors (horizontal, inclined, and vertical), screw conveyors, distributors and related accessories.
Part of Riley’s strength lies in its ability to design and fabricate custom equipment to customer needs, in addition to standard product lines, LeMar said.
“We intend to expand on this capability and capacity immediately,” Martin said.
Headquartered in Vincennes, Indiana, U.S., Riley Equipment was founded by Charles Riley in 1965 and now serves agriculture and a wide variety of industrial markets both domestic and international.