Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Hy-Tek Holdings Acquires Advanced Handling Systems

Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems, LLC (AHS).

Hy-Tek Holdings Acquires Advanced Handling Systems
DC Velocity Staff
By DC Velocity StaffJan 05, 2022
DC Velocity Staff
See Full Bio

Hy-Tek Holdings Acquires Advanced Handling Systems

January 5, 2022, Columbus, OH…Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems, LLC (AHS). Hy-Tek is a material handling automation integrator serving clients in diverse end-markets and applications, including ecommerce, third-party logistics, and parcel. AHS is a material handling automation integrator offering a full suite of services with a focus on robotic solutions. Together, the companies operate as Hy-Tek Material Handling, LLC. The acquisition was announced by Hy-Tek Holdings CEO Sam Grooms.

“Hy-Tek’s acquisition of AHS broadens our offerings as the predominant player in material handling and integrated systems. With AHS robotic solutions, Hy-Tek delivers cutting-edge technology that optimizes fulfillment, speeds distribution, and addresses labor shortages within a challenging supply chain. Committed to growth through acquisitions, Hy-Tek always is looking for best-of-breed companies to join our team,” said Grooms.

About DPC
DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.

About AHS
Located in Erlanger, KY, AHS is a material handling automation integrator offering a full suite of services with a focus on robotic solutions. AHS has two facilities in the United States and employs approximately 90 people. Contact www.ahs1.com.

About Hy-Tek
Headquartered in Columbus, OH, Hy-Tek is a material handling automation integrator serving clients in diverse end- markets and applications, including ecommerce, third-party logistics, and parcel. Hy-Tek was established as a combination of Hy-Tek Material Handling, WorldSource, BP Controls, and AHS. Together, they operate as Hy-Tek Material Handling, LLC. Hy-Tek is the premier single-source provider of material handling solutions for a wide range of industries including manufacturing, distribution, retail, construction, food, electronics, and automotive. Since 1963, Hy-Tek and its best-in-class industry partners—including manufacturers of industrial equipment; conveyor systems; automated storage and retrieval systems; rack and shelving—have been providing customers large and small with turnkey solutions. From customized one-of-a-kind handling and storage systems to pre-assembled buildings and off-the-shelf products—Hy-Tek’s experienced team of engineering, sales, operations, and project management professionals partner with customers to help enhance productivity, streamline processes, and boost profitability. With over 500 employees, Hy-Tek serves customers in the United States, Canada, and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania, and Tennessee. Contact www.hy-tek.com or 800.837.1217.

https://hy-tek.com/
Industry Press RoomMaterial Handling
nancy flynn public relations, inc
Industry Press RoomMaterial Handling
nancy flynn public relations, inc

The Latest

NMFTA to release proposed freight classification changes this week
Featured

NMFTA to release proposed freight classification changes this week

US department of transportation building
Regulation/Government

Senate confirms Duffy as U.S. Transportation secretary

More Stories

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

Toyota Material Handling and Toyota Material Handling MidSouth partner to donate 5,000-pound-capacity pneumatic forklift at Concrete Industry Management’s annual charity auction.

Photo courtesy of Toyota Material Handling

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

LAS VEGAS, Jan. 28, 2024 – Toyota Material Handling MidSouth, a full-service dealer for Toyota Material Handling, showcased its dedication to fostering the next generation of industry professionals by donating a 5,000-pound-capacity Toyota Core IC Pneumatic forklift to the Concrete Industry Management’s (CIM) annual charity auction on January 22.

The forklift’s winning bid of $40,000 significantly contributed to the auction’s total proceeds of $2.15 million, supporting CIM’s mission to address the growing demand for skilled professionals in the concrete industry. Offered at five universities, CIM equips students with technical, communication and management expertise, preparing them for successful careers in a rapidly evolving industry. Proceeds from the auction are used to assist CIM in funding higher education programs that offer degrees in concrete industry management.

Keep ReadingShow less

Featured

image of shopper ordering appliances online
Last Mile

Package.ai raises $14 million for logistics delivery platform

a port yard with artificial intelligence
Artificial Intelligence

​Putting artificial intelligence to work

graphic of cargo in motion
Supply Chain Strategy

Disruption events to global supply chains rose 38% over 2023

US Capitol building
Transportation

Duffy wins Senate Committee approval as Transportation nominee

diagram of lithium-ion battery in EV
Batteries/Chargers/Motors/Fuel

Lithium refinery to build $1.2 billion factory in Oklahoma

warehouse workers handling boxes
Supply Chain Optimization Software

Aptean picks up fellow supply chain software vendor Logility

Chang Robotics launches 'The Chang Robotics Fund' - A Seed Stage Venture Capital Fund targetting a $50M Raise to Specialize in Disruptive Technology

JACKSONVILLE, Fla., Jan. 27, 2025 /PRNewswire/ -- 2,750 miles away from Silicon Valley, Matthew Chang, founder of Chang Robotics, today announced his next business venture: The Chang Robotics Fund. The Fund is targeting a $50M raise to address the numerous needs and market opportunities the Chang Robotics engineering team identified in their daily operations by investing in disruptive technologies designed to confront the industry's most urgent challenges—from labor shortages to energy efficiency to environmental remediation. By utilizing innovative intellectual property and the engineering and management expertise of Chang Robotics, the Fund seeks to scale its targeted innovations into impactful, transformative, and profitable businesses.

Global industries, from manufacturing to healthcare, face mounting pressures such as intensifying global competition, workforce constraints, escalating expenses, and the urgent need for environmental restoration. Tackling these issues demands a new paradigm of intelligent automation, energy efficiency, and sustainable innovation.

Keep ReadingShow less

Adelante SCM and Magaya Release Report on the 2025 State of Digitization in Freight Forwarding

Miami, FL – January 28, 2025 – Magaya Corporation, the leading freight management platform for logistics service providers (LSPs), today released a report detailing the state of digitization in freight forwarding and the divide that presently exists between shipper expectations and forwarder capabilities.

In November 2024, independent research firm Adelante SCM and Magaya surveyed executives in the logistics services industry, as well as supply chain and logistics executives from manufacturing, retail, and distribution companies. The research found a substantial gap between what the shippers expect in terms of technological capabilities and what their logistics service providers currently offer.

Keep ReadingShow less

ORTEC Joins Wine & Spirits Wholesalers of America (WSWA)

Atlanta, GA – ORTEC, a leader in advanced analytics and optimization solutions, is excited to announce its membership in the Wine and Spirits Wholesalers of America (WSWA), the only national membership organization dedicated to wine and spirits distributors.

“Joining WSWA is an important milestone for ORTEC toward our goal to become a trusted technology partner to wine and spirits distributors,” said Mat Witte, CEO of ORTEC Americas. “We envision a future of collaborating with fellow members to drive innovation and optimize operations that benefit their business, their customers, and the industry as a whole.”

As a member of WSWA, ORTEC is committed to leveraging its expertise in advanced analytics and optimization to support the goals of the wine and spirits distribution industry. This collaboration will enable ORTEC to share insights and innovative solutions that can help streamline loading and delivery while improving efficiency across the sector.

About ORTEC
ORTEC is a leading provider of advanced analytics and optimization solutions, dedicated to helping organizations enhance their operational efficiency and decision-making processes. With a strong focus on innovation, ORTEC leverages cutting-edge technologies and data-driven insights to address complex challenges across a number of industries, including logistics, manufacturing, and healthcare. The company’s commitment to continuous improvement and collaboration with clients enables businesses to optimize their resources, reduce costs, and drive sustainable growth. By integrating advanced analytics into their operations, ORTEC empowers organizations to make informed decisions that lead to transformative outcomes and a competitive edge in the market. Discover more at ORTEC | NEWS.

About WSWA
WSWA plays a vital role in advocating for the interests of distributors on federal, state, regulatory, and legal issues that impact the beverage alcohol industry. The organization focuses on critical policy areas, including taxation of family-owned businesses, state-based alcohol regulation, social responsibility, and impaired driving prevention. Additionally, WSWA offers programs designed to promote the careers of its members and help their businesses thrive in a diverse and dynamic industry. Learn more at wswa.org.

KUKA to Showcase Cobots for Medical Applications at AAOS Meeting

SHELBY TOWNSHIP, Mich., Jan. 28, 2025 – Targeting the reduction of work-related injury for healthcare workers and shortening time-to-market for medical device OEMs, KUKA Robotics will bring two advanced medical innovations featuring cobot automation to the American Academy of Orthopedic Surgeons (AAOS) annual meeting in booth #540. The event takes place in San Diego, California, March 10-14, and attendees will see how KUKA’s LBR iisy cobot solution helps reduce the incidence of arm and shoulder injury to ultrasound technicians and sonographers. A second cobot demonstration will feature a KUKA Robot Development Kit using a LBR MED 14 R820 cobot that helps slash development time for unique medical device solutions.

Because of the repetitive nature of their work, sonographers and ultrasound technicians commonly experience musculoskeletal disorders such as tendonitis and rotator cuff injury from their work that requires them to apply pressure with abnormal arm and shoulder positioning. Using robot technology such as KUKA’s LBR iisy cobot, however, can take the strain off these technicians by precisely conducting these repetitive exams autonomously. Equipped with a Haply Inverse3 Hapatic Feedback Teleop Device and an OptoForce FT Sensor, the LBR iisy robotic arm can be controlled and manipulated to apply the proper amount of force to the imaging head for a proper reading.

Keep ReadingShow less
Copyright ©2025.