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Intelligrated

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Intelligrated
Company typePublicly held company
IndustryMaterial Handling, Logistics Management
Founded2001
FoundersChris Cole (CEO), Jim McCarthy (President & COO)
HeadquartersMason, Ohio, United States
Area served
North and South America, Asia Pacific
Websitewww.intelligrated.com
Post-acquisition logo
Post-acquisition logo

Intelligrated, Inc. (a portmanteau of intelligent and integrated) was a material handling automation and software engineering company based in Mason, Ohio. In 2016, it was acquired by Honeywell, who made it a subsidiary and renamed it to Honeywell Intelligrated. 2017, Honeywell Intelligrated reported revenue of $1 billion.[1] Honeywell Intelligrated has production and service locations in the United States, Canada, India, Mexico, Brazil, and China.[2]

History

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Intelligrated was founded in 2001 by Chris Cole and Jim McCarthy,[3] and has its headquarters in Mason, Ohio, a suburb of Cincinnati.[4]

In 2002, Intelligrated acquired the Versa Conveyor product line from Conveyors Ltd.[5] Later that same year, the company opened a new manufacturing facility in London, Ohio.[6] By the end of 2008, Intelligrated employed more than 500 associates, with field operations throughout the U.S.[2]

In 2009, as it purchased the North and South American operations of FKI Logistex, it grew to 1,500 associates[7]

In 2012, Intelligrated began operations in São Paulo, Brazil.[8]

In August 2012, Intelligrated was acquired by Permira.[9]

In August 2016, Honeywell completed its acquisition of Intelligrated in a transaction valued at $1.5 billion, with the company joining Honeywell's Safety and Productivity Solutions business group.[10] Intelligrated was rebranded as Honeywell Intelligrated.

Activities

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Honeywell Intelligrated designs, builds and installs tools for automated material handling including case and pallet conveyors, IntelliSort sortation systems, Alvey palletizers, robotic systems, order fulfillment systems and advanced machine controls.[11]

References

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  1. ^ "Top 20 Material Handling System Suppliers in 2017". Modern Materials Handling. May 14, 2018. Retrieved 2018-06-08.
  2. ^ a b "Intelligrated Company History". Packaging World. Retrieved 2018-06-08.
  3. ^ "Mason firm sold for $1.5B to Honeywell". Cincinnati.com. Retrieved 2019-04-09.
  4. ^ Chelsey Levingston, Staff Writer. "Mason's Intelligrated to expand headquarters campus again". daytondailynews. Retrieved 2019-04-09.
  5. ^ "News Briefs". Material Handling and Logistics (MHL News). 2002-03-01. Retrieved 2019-04-09.
  6. ^ "Intelligrated works with local, state governments to drive its development - News - Columbus CEO - Columbus, OH". www.columbusceo.com. Retrieved 2019-04-09.
  7. ^ "Supply chain news: Holste on merger of Intelligrated and FKI Logistex". Supply Chain Digest. May 28, 2009. Retrieved 2014-02-06.
  8. ^ "SDI Group USA and Intelligrated launch Brazil operations". Supply & Demand Chain Executive. February 8, 2012. Retrieved 2014-02-06.
  9. ^ "Permira funds complete acquisition of Intelligrated". www.mmh.com. Retrieved 2019-04-09.
  10. ^ "Honeywell to Acquire Intelligrated, A Leader in Supply Chain and Warehouse Automation Technologies". Honeywell Press Release. June 1, 2016. Retrieved 2017-09-27.
  11. ^ "Intelligrated". MHI. December 4, 2013. Retrieved 2014-02-06.