Transcat Acquires Wisconsin’s Largest Independent Scale And Weighing System Solution Provider, United Scale And Engineering Corp.
Transcat, Inc. (Nasdaq: TRNS), a leading global distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair services, parts inspection and production model engineering, announced today that it has acquired privately-held United Scale and Engineering Corp., a regional market leading supplier and servicer of industrial scales and weighing systems.
Based in Milwaukee, Wisconsin, United Scale and Engineering Corp. (“United”) provides weighing solutions, distributes major weighing, scale and balance lines and provides calibration, service and repair to its approximately 2,000 customers that are primarily located in Wisconsin, northern Illinois and Upper Michigan. United, which has been serving its customers for nearly 50 years, meets both ISO 9001 and ISO/ IEC 17025 accreditation standards.
Charles P. Hadeed, President, CEO and COO of Transcat, commented, “A major component of our growth strategy is to acquire smaller calibration services companies within this highly fragmented industry which further broaden our calibration capabilities, geographically complement our current 12 calibration laboratories’ locations and capitalize on the strength of our infrastructure and reputation for quality, service and integrity. The acquisition of United meets these criteria as it adds depth to our capabilities and product offerings, and provides us with another Midwest location from which to further expand our customer base. We believe that United’s similar customer-focused philosophy of earning trust and respect through value will enable a smooth and rapid integration into Transcat.”
Judy Trunec, President of United, will join Transcat and continue to manage the United operation. She commented, “We believe United’s strong reputation for quality, excellent service and the loyalty it has earned from its customers are excellent attributes to bring to Transcat, and we are excited about joining their organization. Combined, we expect to further strengthen our position in weighing solutions and services while offering a broader mix of services for our customers.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV