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hitachi purchases sullair

Thursday, July 27, 2017 16:26 PM
Written by Stan Maddux
Category: Local News

A longtime maker of air compressors and other related products in Michigan City has been purchased by Hitachi.

According to officials with the Japanese firm, the cost of acquiring Sullair from its parent company, Accudyne Industries, was $1.24 billion.

Mayor Ron Meer said his administration has been reassured that Hitachi is committed to Michigan City and could expand the operation here.

''They're staying here and staying established in Michigan City,'' said Meer.

Sullair at 3700 E. Michigan Blvd. was founded in 1965 at Michigan City and now has manufacturing facilities in China and India.

According to Hitachi officials, the goal of the acquisition is to gain access to Sullair's global sales network, mainly in North America, and provide Sullair's customer base with digital solutions by leveraging the expertise in informational and operational technolgies Hitachi has cultivated over many years.

Hitachi is a highly diversified company involved in areas like Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components and Electronic Systems & Equipment.

The Tokyo-based firm also provides air compressors mainly in Japan and Asia and will add Sullair products to its line of offerings.

"We are thrilled by the prospect of partnering with Hitachi to grow Sullair as we embark together on the next chapter in our proud history," said Jack Carlson, president of Sullair.

Exactly when Hitachi will officially take over Sullair has been released, but Meer said he anticipates it happening within the next couple of months.