Avis Announces Acquisition Of G.P.S. Through Its Harris American Company Subsidiary
Upland, IN – Avis Industrial Corporation of Upland, Indiana, is pleased to announce it has, through its Harris American Company subsidiary, completed the acquisition of G.P.S. S.r.l., Terre del Reno (FE), Italy. Founded by Marco Garuti in 2013, G.P.S. is a renowned manufacturer of ferrous and non-ferrous scrap processing balers and shears recognized for innovative design, high efficiency throughput, and the flexibility of stationary and mobile equipment applications. Through its flagship M Generation balers, Predator baler/loggers, and Destroyer shear/baler/loggers, GPS has built a robust and loyal global installed base.
Avis Industrial Corporation President and CEO Greg King commented, “We look forward to expanding our portfolio of product offerings in the material processing and recycling equipment markets. This investment will accelerate product development for global applications and serve as a platform to grow our customers abroad.”
“We are thrilled to take the partnership we have formed with G.P.S. over the past 5 years to another level through the acquisition announced today. The transaction represents a significant milestone in our strategic goal to further enhance our product offerings and accelerate our global growth while also providing the necessary resources for the expansion of the innovative product designs that G.P.S. brings to the marketplace” said DJ VanDeusen, President of Harris American Company.
Avis Industrial is dedicated to value creation and continuous improvement across its portfolio of nine wholly owned subsidiaries. As a diversified global supplier, Avis focuses on creative solutions and elevating manufacturing capabilities to deliver superior quality products.
Harris American offers the largest breadth of recycled material baling solutions across its four manufacturing locations and supports the largest global installed base of such products. The Harris American product lines include single-ram, horizontal, two-ram, ferrous and specialty balers; scrap metal and automobile shear/baler/loggers; and high-volume waste and scrap compactors. The company is headquartered in Cordele, Georgia, with operating locations in Cordele and Baxley, Georgia; Bellevue, Ohio; and Jacksonville, Florida; and a sales and service location in Tewkesbury, United Kingdom. For ongoing company updates please visit HarrisAmericanCo.com.