Avis Industrial Corporation of Upland, Indiana, has acquired the assets of FEMCO Machine, Punxsutawney, Pennsylvania. Avis Industrial is excited to add a provider of machining, aftermarket, and OEM parts, repair, and field services to its portfolio. For over 60 years, FEMCO has supported the recycling, industrial manufacturing, construction, aggregate and mining, and oil and gas industries.
FEMCO Machine has been renamed FAMCO Service and Machine, Inc. which reflects the combination of the Femco and Avis companies and will continue to operate in Punxsutawney. With vast service, machining, and production capabilities, FAMCO will continue to serve current customers and industries while being able to support the installed base of equipment across the Avis portfolio companies including Harris Equipment.
"We look forward to working with this great team and growing the business," said Avis Industrial Corporation president and CEO Greg King. "Their capabilities and experience are unmatched. This transaction complements our existing subsidiaries very well and is a natural fit for our focus on service and support of heavy industries and manufacturing."