Airport Baggage and Cargo Handling Systems
| Company | Portec, Inc |
|---|---|
| Date | 01.02.2010 |
February 1, 2010
Portec, Inc. and Pert Engineering Ltd. announce the formation of a joint venture, Portec Asia Ltd, in order to better serve the needs of customers in China and the Asia Pacific Region. Portec Asia, Ltd, which is headquartered in Hong Kong, will be responsible for all sales, marketing and service activities to support Portec customers throughout the region and will coordinate local manufacturing and assembly of Portec products at the Pert Engineering factory in Shenzhen, China.
"We are very pleased to have entered into this joint venture with our long-time friends at Pert Engineering. We view the joint venture as a next logical step – building on our greater than thirty-year relationship with Pert – to serve our growing customer base in Asia," said Kirk Morton, President and CEO of Portec.
Morton continued, "This investment in a joint venture indicates Portec's seriousness about being there to support our customers in the region and reflects the strong business prospects that we foresee in the coming years. Combining Pert's manufacturing capabilities, the expanded sales and service capabilities of Portec Asia and the proven Portec equipment designs should make us very competitive throughout Asia."
MK Lo of Pert Engineering will lead the Portec Asia management team. He has more than 25 years experience with Portec products and extensive knowledge of material handling applications and markets throughout Asia.
"We are very happy to have joined forces with Portec and look forward to Portec Asia successfully serving and supporting customers throughout Asia," said Mr. Lo.
Portec Asia is expanding the Portec sales and service network throughout the region using a combination of sales representatives, distributors and dedicated Portec salesmen. Portec material handling equipment is already in operation in many airports, parcel handling facilities, and distribution facilities in Asia including: Shanghai Pudong Airport, Beijing Capital Airport, Mumbai Chhatrapati Shivaji Airport, Hong Kong Airport, Singapore Changi Airport, China Post in Wuxi and Taiyuan, as well as DHL and FedEx in Hong Kong and FedEx in the Philippines. Portec Asia plans to also expand into other industries in Asia that offer significant business potential.
About Pert Engineering
Pert Engineering specializes in the design, manufacture and supply of material handling equipment and systems for commercial and industrial material handling applications. Established in 1972 as a supplier and systemsintegrator of material handling equipment, they serve the fast growing markets in Asia, including China, Taiwan, South Korea, Singapore, Thailand, the Philippines and other Asian Pacificcountries. Pert’s headquarters is in Hong Kong and its primary manufacturing facility is in Shenzhen, China.
About Portec, Inc.
Portec is a global manufacturer of Power Belt Curves, Spiral Lifts®, Spiral Chutes, Merges, Power Faced Diverters and other Specialty Conveyors based in Cañon City, Colorado. The company has earned an industry reputation for delivering dependable, high quality products. Portec's custom material handling equipment has been incorporated into airport baggage handling systems, mail and parcel handling, manufacturing, retail distribution, food processing facilities, cement plants and other applications around the world. Portec has produced conveying equipment to handle products from light electronics to truck body frames and refrigerators
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