Friday, May 13, 2011

Amsted Rail acquires Holland

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Amsted Rail said Thursday it has acquired Holland, L.P.’s Hollube® Wear Eliminator product line. Final agreement is scheduled to occur Friday, May 27. After that date, all orders and shipments will be initiated through Amsted Rail Customer Service, located in Granite City, Ill.

amstedrail_120.jpg“This acquisition is strategically important because it provides our customers the option to include key wear prevention components as part of their Amsted Rail Truck and End-of-Car System purchases,” said Brad Myers, Amsted vice president of Sales & Marketing.

“The sale of the Hollube® Wear Eliminator product line will enable our organization to concentrate its efforts on engineered solutions involving our growing load securement and product protection product lines,” said Holland, L.P. Group Vice President Leonard O’Kray.