Overhead handling: Mazzella Holding Company acquires The Indusco Group

The company’s portfolio now includes Mazzella Lifting Technologies, Sheffield Metals and The Indusco Group.

By ·

Mazzella Holding Company is pleased to announce the acquisition of The Indusco Group. As a result of this acquisition, Mazzella Holding Company nearly doubles in size and employs over 300 individuals. Indusco and Mazzella Lifting Technologies now form one of the largest independently-owned companies in the overhead lifting and rigging industries and will provide “one-stop shopping” for customers.

The newly acquired Indusco is a 103-year-old company based in Baltimore, MD and was previously owned by Howard Schloss. It also consists of a network of rigging shops located along the East Coast and in the South that support a diverse customer base. This network includes Indusco companies, J. Henry Holland Corp., Alabama Sling Center and Tennessee Sling Center. Indusco has built its 100-plus year reputation on quality products and dependable customer service.

In addition to its headquarters in Baltimore, MD, Indusco has additional locations in Capitol Heights, MD, Chicago, IL, Virginia Beach, VA, Hampton, VA, Birmingham, AL, Chattanooga, TN and Memphis, TN.

“Our employees are excited to combine forces with another experienced, family-owned industry leader,” said Craig Hayward, president of Indusco. “Personally, I am thrilled for the opportunity to work with Tony Mazzella and his management team, many of whom I have known for the past ten years. Tony and I share a common vision with respect to building organizational strength through the implementation of best practices and continuing our growth through the acquisition of other family-owned and operated businesses within our industry.“

Mazzella Lifting Technologies is a 57-year-old family-owned company based in Cleveland, OH. In addition to its status as a major Midwest provider of wire rope and rigging hardware, Mazzella Lifting Technologies also engineers and manufacturers below-the-hook lifting devices, manufacturers overhead cranes and services overhead cranes.

In addition to its headquarters in Cleveland, OH, Mazzella Lifting Technologies has additional locations in Canton. OH, Cincinnati, OH, Detroit, MI, Pittsburgh, PA and Charlotte, NC.

“The organization resulting from this acquisition offers far more than an expanded geographic footprint,” said Tony Mazzella, president and CEO of Mazzella Lifting Technologies. “The enhanced product offering and value-added services will enable our team of experienced personnel an increased opportunity to grow market share and expand our relationships with our customers.”

Tony Mazzella and Craig Hayward will be responsible for running Mazzella Holding Companies.


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Article Topics

Overhead Handling · · All Topics
Latest Whitepaper
Download: Material Handling Technology Survey Results
Readers are buying and replacing warehousing and distribution center software, but not before they do their own homework.
Download Today!
From the July 2017 Modern Materials Handling Issue
Shuttle and case dispensing technologies help Southern Glazer’s Wine & Spirits keep up with demand in one of the most competitive markets in the country.
Southern Glazer’s Wine & Spirits: Designed to Last
Automation: What’s at the heart of your system?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Warehouse Execution Systems (WES): The Pathway to Same-Day Fulfillment
This webinar explores the processes and technologies enabling same-day, same-hour order fulfillment using intelligent supply chain software.
Register Today!
EDITORS' PICKS
Southern Glazer’s Wine & Spirits: Designed to Last
On Long Island, the country’s premier distributor of wine and spirits turned to shuttle and case...
GE Healthcare System Report: Lean repairs
Self-driving mobile robots improve cycle times and reduce floor space at GE Healthcare’s new...

Materials Handling Innovation (and why it matters)
Every company considers itself an innovator. It’s time to include materials handling leaders in...
Thrive Market’s Startup Distribution Network
How does a fastgrowing, e-commerce startup company build out order fulfillment capabilities? Thrive...