Federal Equipment Company (FEC), a Cincinnati, OH based supplier of integrated systems to the defense industry and commercial helicopter market, has purchased TKF, Inc., a Cincinnati, OH based conveyor systems and manufacturing company. “This deal will strengthen both companies through combined production capabilities, market reach and enhanced product offerings.” said Mr. Doug Ridenour, Federal Equipment Company’s President. “By tapping into TKF's capabilities we can expand our customer base, and utilize our combined experience and core competencies to serve a larger market place.”
Mr. Ridenour went on to add, “From TKF's perspective, the advantages to the acquisition are enhanced capabilities and financial strength. We want to build a stronger market presence for both companies. This merger will allow us to do that.”
About FEDERAL EQUIPMENT COMPANY
Federal Equipment Company (FEC) is a global leader in engineering, manufacturing and systems integration for the defense industry and helicopter landing systems. FEC also manufacturers multiple spindle drillheads through one of its subsidiaries, US Drillhead. Through the years the company has emerged into an internationally recognized organization that can solve extremely arduous engineering and manufacturing challenges.
About TKF, Inc.
TKF designs, builds and installs conveying systems. The company’s services range from systems integration, initial engineering concepts and final design, to manufacturing and installation. TKF’s manufactured products include reciprocating and continuous vertical conveyors, PosiGrip conveyor, overhead, monorail and power and free conveyor, popup transfer, accumulation, curve, roller and a variety of custom engineered conveyor and material handling systems.