WALTER Surface Technologies is pleased to announce the acquisition of PushCorp, Inc., a USA-based, industry-leading manufacturer of robotic end-of-arm tools for material removal applications.
WALTER and PushCorp said the two companies share a strong focus to provide "reliable and productive solutions" to answer the needs and challenges facing industrial end-users. With the addition of PushCorp to WALTER’s portfolio, WALTER will help its customers to be more productive and confidently approach robotics and automation for their material removal processes.
“PushCorp brings to WALTER its USA-made robotic equipment and force control devices that will allow us to continue to expand our solutions to help customers as they integrate automation into their manufacturing processes,” said Marc-André Aubé, CEO of WALTER. “This transaction is an unequaled opportunity to position WALTER as a leader in robotic and automated material removal solutions in North America as we continue to evaluate other growth strategies, namely through accretive acquisitions.”
Mike McMillen, CEO of PushCorp, called the agreement a "perfect alignment of both customers, products and values." He added, "We are confident this is a strong pathway to growth and success for our shared customers.”
Following this transaction, PushCorp will continue to operate under their respective brands. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.
Related Glossary Terms
- robotics
robotics
Discipline involving self-actuating and self-operating devices. Robots frequently imitate human capabilities, including the ability to manipulate physical objects while evaluating and reacting appropriately to various stimuli. See industrial robot; robot.
