Strategic Acquisition Morgan Engineering recently acquired Girard Machine Co., a well-established heavy fabrication and machining company, indicating their active expansion and investment in manufacturing capabilities. This presents opportunities to offer advanced automation and integration solutions to enhance their new asset utilization and operational efficiency.
Industry Leadership With a long-standing history since 1868 and a reputation as a world leader in material handling systems, Morgan Engineering demonstrates stability and growth potential, making them a solid target for high-end manufacturing equipment, robotics, and innovative crane technology.
Facility Expansion The company's recent construction of a new corporate headquarters in Alliance, Ohio signals ongoing growth and increased production capacity, creating opportunities to provide modern automation systems, safety technology, and supply chain optimization tools.
Educational Outreach Morgan Engineering's collaboration with Alliance City Schools to promote safety indicates a focus on workforce development and safety innovations. This opens avenues to introduce employee training solutions, safety equipment, and digital safety management platforms.
Financial Capacity Generating approximately $100 million to $250 million in revenue, Morgan Engineering has substantial financial resources to invest in advanced machinery, automation, and digital transformation initiatives, making them receptive to comprehensive technology upgrades and innovative engineering solutions.