The Kennedy Group acquires Florida Marking Products

Strategic maneuver extends the Kennedy Group’s footprint to the Southeast and expands capacity and capabilities of both companies.
image
By Modern Materials Handling Staff
July 17, 2010 - MMH Editorial

The Kennedy Group in Willoughby, Ohio has officially announced the successful acquisition of Florida Marking Products based in Orlando, Florida. 

Kennedy Group president Michael Kennedy said, “By putting together the best of both companies we gain expanded capacity and capabilities. The addition of a Southern operation is a key part of our three-pronged growth strategy.” 

Over the coming months, the company headquarters in the Cleveland area will integrate and leverage the combined forces of three production plants, the RFID Customer Solutions Center, sales offices in Cleveland, Cincinnati, Orlando and Atlanta, as well as affiliate offices.  The company is poised to grow business opportunities in the Southeast region, adding to its current base of over 3,000 clients in 40 states and seven countries.

The Kennedy Group was established in 1974 as a privately held, family owned business. Since then, it has grown into a leading developer and manufacturer of branding, labeling, promotional, tracking and identification solutions for such diverse industries as consumer products, health and beauty products, private label, retail, entertainment, industrial, automotive, materials handling, biomedical, healthcare, chemical and agriculture. The company includes four divisions – Label and Packaging Products, Material Handling Identification Systems, RFID Solutions and Promotional Response Products.

Florida Marking Products (FMP) was founded in 1984 as a manufacturer and marketer of specialty and custom labels, durable identification products, commercial marking, promotional items, as well as signs to industrial and commercial customers. Jackie Abrams, FMP president, said, “Our teams are energized by the growth initiatives underway. We’ve gained added strengths and new production capabilities that advance our objectives to introduce unique offerings valued by our customers.”

Kennedy highlighted the importance of the Florida expansion, “This Southeast footprint and base of operations solidify our efforts to expand our market reach and client base.  Our collaborative structure can back up the other. The Orlando team and facility improves service to customers in the Southeast with shorter lead times and more regional support.  Our combined organizations have the ability to bring knowledge, quality and a full offering of solutions to the marketplace.”



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!

Recent Entries

Experienced executive joins provider of automated storage and retrieval systems.

This white paper will outline the use of automated, software-driven picking technologies such as horizontal carousels, vertical carousels and vertical lift modules for inventory picking. These automated picking technologies can slash fulfillment times, labor needs and warehouse footprint requirements, while vastly improving throughput and worker productivity. This supports same-day and next-day delivery objectives and boosts customer satisfaction. Download the complimentary white paper.

How to identify and reduce the six types of waste common to every battery room.

Most departments to double in size, electrical controls department to increase four-fold.

Revitalize American Manufacturing and Innovation Act would create more advanced manufacturing centers to compete globally and attract investors.

About the Author

Bob Heaney is a seasoned professional with over 25 years of distinguished leadership experience in research, analysis, and advisory roles in Supply Chain Engineering. Heaney’s coverage area within Aberdeen includes various elements of Supply Chain Execution (Transportation Management, Warehouse Management, Distributed Order Management and Supply Chain Visibility). Contact Bob Heaney

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA