The Great Lakes Towing Company revealed it has actually acquiredThe Wm Plotz Machine & &Forge Company
The procurement, that includes all Plotz Machine’s properties and also property, enhances the solutions offered by Great Lakes and also permits the business to currently supply aquatic and also commercial factory solutions to all sorts of clients, consisting of shipyard brand-new building and construction and also ship fixing. The deal shut on Tuesday, November 30, 2021.
Great Lakes claimed it has actually kept all workers of Plotz Machine and also will certainly supplement the business with management and also financial backing to aid expand Plotz Machine’s existing publication of company.
Plotz Machine is a jobbing factory, focusing on remanufactured substitute components for business, local, aquatic, and also commercial procedures. Services consist of fixing and also overhaul service shafts, bearings, pumps, electric motors, shutoffs, cooling down towers, and also air flow systems, in addition to manufacture of a variety of accuracy machined items. Plotz Machine’s solutions have actually been made use of by both business and also federal government clients in the better Cleveland location and also throughout the Midwest.
Both firms have actually remained in constant company given that the late 1800s and also have abundant backgrounds in the City ofCleveland “We see many similarities between our two 120+ year old, family owned, Cleveland based businesses, and we look forward to leveraging synergies to create long-term value for the collective benefit of both businesses, our customers, and our city,” claimed Joe Starck, President, The Great Lakes Towing Company.
“Our mission has always been to go above and beyond for our customers, and continually improve on-time deliveries and service, at a competitive cost, with the same high quality our customers expect. We believe this transition will help us continue to do just that,” claimed Tom Plotz, President,The Wm Plotz Machine & & Forge Company.
