For Immediate Release
JHᖴOSTER Acquires HTE Technologies, Expanding its National Reach
Eagan, MN – John Henry Foster Minnesota, Inc. JHᖴOSTER, a strategic collection of engineers, support and service teams, compressed air experts, and automation and robotics solutions provider, today announced the acquisition of HTE Technologies, a leading automation supplier operating in Kansas, Missouri, and Illinois. To be run as an independent division of JHᖴOSTER, the company will continue to serve its existing customer base, operate under its existing brand, and remain at its headquarters in St. Louis.
This acquisition accelerates JHᖴOSTER's ongoing expansion in the manufacturing and automation industry and will bring numerous benefits to customers and employees of both entities.
Nicholas W. Martino, CEO of JHᖴOSTER, remarked, "We are thrilled to welcome HTE to our team as this acquisition is a pivotal moment for both JHᖴOSTER and HTE. More than just the combination of two companies, adding HTE to our group of businesses will help bolster our collective capabilities and enhance the customer experience by providing access to more robust resources, products, and solutions."
This acquisition, an essential milestone in JHᖴOSTER's growth strategy, expands its geographic footprint to become the trusted source for compressed air, robotics, and automation with operations in 9 states. Over the past year, JHᖴOSTER has made significant acquisitions in the automation space, including Accu Tech USA, Celco, and DevLinks.
“HTE Technologies, backed by our incredibly skilled teams in engineering, sales and service, has significantly contributed to the advancements in manufacturing processes and overall productivity gains across Illinois, Missouri and Kansas for more than six decades,” said Jason Price, president of HTE Technologies. “Joining JHᖴOSTER enables us to deliver enhanced value to our customers and expand our technology and service offerings to make an even greater impact across our diverse market segment and the thousands of loyal customers we have been fortunate to serve for so many years.”
Customers of HTE will continue to receive the exceptional service they are accustomed to, now broadened by JHᖴOSTER's comprehensive range of resources and solutions. This enhancement includes advanced integration, engineering services, and a dedication to ensuring optimal performance tailored to specific applications.
About JHᖴOSTER
Headquartered in Eagan, MN, JHᖴOSTER is a strategic collection of industry-leading compressed air experts, skilled engineers, support teams, and distributors of automation & robotics. Specializing as a provider in automation motion control, compressed air, and robotics, JHᖴOSTER is dedicated to advancing technology, driving innovation, and delivering comprehensive solutions nationally and globally. For more information, please visit www.jhfoster.com.
About HTE Technologies
Manufacturing productivity is what HTE Technologies has been focused on for 65 years as a leading Midwest expert in factory automation, traditional and collaborative robotics, machine vision, compressed air systems, and with its unmatched rental compressor resources. HTE’s experienced engineering, programming, fabrication, sales, service, and rental resource teams are all backed by large local inventories of products from industry-leading equipment manufacturers. With HTE’s own innovative means of helping customers overcome CAPEX budget shortfalls, such as rent-to-own, robots-as-a-service (RaaS), and compressed-air-over-the-fence plans, HTE helps to ensure that customers have access to advanced technology solutions as they compete globally. Visit www.htetech.com to learn more.
Media Contacts:
Christie Koester
Director of Marketing & Communications, JHᖴOSTER
651.994.7328
christie.koester@jhfoster.com
Ray Young
Razor Sharp PR
512.694.6097
ray@razorsharppr.com
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