Post Time:Jan 19,2011Classify:Company NewsView:947
Horton Automatics, a division of Overhead Door Corporation, announced the acquisition of Automatic Door Enterprises (ADE) of Lansdale, Pa., and its affiliated companies.
“Horton’s success in the marketplace, to a great extent, can be attributed to the strength of its independent distributor network,” says George T. Reed, Jr., president of Horton Automatics. “It is through them that we provide the best execution at the local market level, and this move will further strengthen our service levels to all customers.”
“Horton Automatics and Automatic Door Enterprises have established themselves as market leaders, and through this combination will strengthen our entire automatic door business. The ability to better integrate the entire supply chain, from the factory to the end user, is strategically important to Horton to support our future growth,” adds Dennis Stone, president and chief executive officer of Overhead Door Corporation.
According to the announcement, Horton Automatics will maintain Automatic Door Enterprises’ identity and entrepreneurial drive. ADE and its affiliates serve the automatic door installation and service needs for customers in Pennsylvania, New Jersey, New York, Maryland, Delaware and West Virginia.
Source: http://www.usgnn.com/newsHorton20110118.htmAuthor: shangyi