Automatic Feed Forms Joint Venture
with Heinrich Georg
New Georg Automatic Feed, Ltd. to
provide coil processing lines to service centers
Columbus, Ohio,
April 10, 2006
– Automatic Feed Company (AFCo), Inc., an ISO 9001: 2000 certified
designer and manufacturer of coil handling and press feeding
automation equipment, and Heinrich Georg GmbH Maschinenfabrik (Kreuztal,
Germany), an ISO 9001 certified manufacturer of coil processing
and finishing lines and machine tools has announced the formation
of Georg Automatic Feed (GAF) Ltd., a joint venture company to be
located in Columbus, Ohio. GAF will initially focus on providing
coil processing equipment to the steel industry and service
centers including responsibility for sales, engineering, product
development, project management, installation, maintenance,
controls and service needs.
“To compete effectively
in today’s manufacturing market, it is critical to have global
capability,” said Automatic Feed Company President Kim Beck.
“Forming a joint venture with a well-respected company, such as
Georg, allows both companies to expand into new markets without
the expense of building totally new infrastructures. We are
excited about the growth opportunity that GAF brings to us both.”
“Our companies
complement each other extremely well,” commented Mark Georg,
General Manager, Heinrich Georg GmbH. “Both are leaders in their
industries with Automatic Feed having a strong presence in the
American automotive OEM market and Georg with good capability in
supplying European metal service centers. Our joint capability
will allow GAF to provide state-of-the-art slitters,
multi-blanking machines and processing lines to the U.S. service
centers. This will be a great addition to the American equipment
manufacturers.”
Beck added that the
similar backgrounds of the two companies have helped the joint
venture come together smoothly. Both companies were established in
the late 1940’s and are family-owned and ran.
The GAF Columbus office
will handle sales and some service needs. Manufacturing and
engineering support will be provided from the Automatic Feed
Company and Heinrich Georg GmbH. This is the second joint venture
company that AFCo has announced in 2006.
Editor Notes:
For more information on Georg
Automatic Feed Company, visit
www.gaf-ltd.com
For more information on
Automatic Feed Company, visit
www.automaticfeed.com
For more information on Heinrich
Georg GmbH Maschinenfabrik, visit
www.georg.com