Two Companies Merge to Create Hydromat-RE
The owners of Hydromat-RE and Component Bar Products signed an agreement to combine their respective Hydromat machine rebuild businesses into one entity. This new venture is known as Hydromat-RE.
The owners of Hydromat-RE and Component Bar Products signed an agreement to combine their respective Hydromat machine rebuild businesses into one entity. This new venture is known as Hydromat-RE.
The merger of these two companies results in an expanded base of knowledge, a larger stock of new and refurbished parts and machines, as well as multiple locations to better serve customers’ needs. Hydromat Inc. and Hydromat-RE are now uniquely positioned to support all aspects of the Hydromat machine life cycle. Hydromat-RE will add Epic CNC controlled units to Legacy machines.
This new, larger company specializes in the refurbishing, retooling and selling of Legacy type Hydromat rotary transfer machines. “This merger will make Hydromat-RE stronger and more innovative than ever and better able to meet the requirements of our Legacy machine customers,” says Bruno Schmitter, CEO and COO of Hydromat Inc. “We are very excited about this partnership.”
Going forward, both Hydromat-RE and Component Bar Products contribute intellectual property, research and development assets, engineering capabilities, machine and parts stock, and other resources to the merger, creating the potential for expanded growth.
Hydromat-RE continues to provide everything from used or reconditioned parts, all equipment needed for a customer’s retool project, and full rebuild turnkey machines for specific projects. Brokering of used machine sales will also be a service Hydromat-RE staff members will offer.
“With a huge amount of the on-hand parts stock combined with this talent pool at new Hydromat-RE, we will give our customers a shorter lead time on both machine rebuilds, service and part deliveries,” says Darrel Keesling, owner, Component Bar Products.
Mark Fordyce, vice president, Hydromat-RE, has 38 years of Hydromat engineering and remanufacturing experience and will lead the Hydromat-RE team from the O’Fallon, Missouri, facility.
