ACS Group, Schaumburg, Ill., has acquired Walton/Stout, Inc., Lithonia, Ga.
ACS Group, Schaumburg, Ill., has acquired Walton/Stout, Inc., Lithonia, Ga. ACS—parent of the AEC, Sterling, Cumberland, and Colortronic brands—was most interested in Walton/Stout’s large PET dryers and crystallizers, though it will continue to support other materials-handling equipment formerly produced by Walton/Stout. The Lithonia plant closed and the business moved to ACS’s New Berlin, Wis., plant.
Meanwhile, three managers of Walton/Stout have joined Sly, Inc. in Cleveland, a producer of dust collectors and other air-pollution control equipment, and have formed Sly Process Systems, LLC to build plastics material-handling equipment. The new unit offers PET/PLA crystallizers, dryers, blenders, pneumatic conveying, silos, railcar unloaders, etc. It is headed by W. “H” Wilson, former exec. v.p./COO of Walton/Stout; Deborah Ellington, former national sales manager; and Patrick Jones, former CAD design manager.
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(800) 334-2957 • www.slyinc.com