SunModo acquires majority ownership of material handling company
SunModo, a solar racking company, is now the majority owner of material handling company, Mighty Lift Portland.
Since 2004, Mighty Lift Portland has been designing, supplying and servicing a wide variety of material handling and storage solutions throughout Northwest. The company offers design, permitting and installation services. Its website features industrial shelving, pallet jacks and safety equipment.
“SunModo and Mighty Lift Portland both offer industry-leading products and technologies that deliver exceptional value to their customers,” said Tony Liu, president, SunModo. “We believe there are numerous opportunities to leverage both companies’ competitive advantages.”
After the acquisition, Mighty Lift Portland will be rebranded to SunModo Material Handling. The company will remain headquartered in Portland, Oregon.
“The completion of this acquisition represents an important milestone in the execution of our growth strategy moving forward”, said Scott Peck, general manager of Mighty Lift Portland. “SunModo will be a great partner in our mission to provide the most reliable and affordable material handling solutions to our customers.”
News item from SunModo