Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Manitowoc Sells Jackson Commercial Dishwashing Business to Hoshizaki USA
Feb 18, 2013
 Printable format
 Email this Article
 Search

The Manitowoc Company, Inc. (Manitowoc, WI) sold its Jackson warewashing business to Hoshizaki USA Holdings (South Peachtree City, GA). Specific terms were not disclosed.

Jackson (Gray, KY) is a producer of commercial dishwashing equipment and warewashing systems, primarily for institutions and commercial kitchens. Jackson MSC, Inc, will be a newly formed subsidiary of Hoshizaki USA Holdings.

Hoshizaki Group foodservice products including ice machines, refrigerators and freezers, dispensers, display cases, and warewashers. Hoshizaki Group includes 46 affiliated companies around the world with over 10,000 employees.

Glen E. Tellock, Manitowoc chairman and CEO, said, "The sale of the Jackson product line reinforces our commitment to our core commercial foodservice business, while enabling us to direct resources toward areas that further our strategic initiatives and drive profitable growth."

Manitowoc will use the net proceeds of the transaction, of approximately $26 million, to help reduce its secured long-term debt.

Back to Daily News

 

Daily News

...........................................................

Sep 23, 2014: Global PCB Production Worth $59.4 Billion

Sep 22, 2014: Whirlpool's Tulsa plant starts production of new cooking appliance line

Sep 22, 2014: Industrial Controls Indexes on the Rise in Second Quarter of 2014

Sep 22, 2014: North American metals service centers shipments stagnant in August

Sep 22, 2014: July steel shipments up

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows