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PLANT

G.N. Johnston acquires Econo-Rack Group

Combined companies have more than $400 million in material handling sales.


August 11, 2015
by PLANT STAFF

Econo-Rack acquisition expands G.N. Johnston’s product offerings. Photo: The Econo-Rack Group

Econo-Rack acquisition expands G.N. Johnston’s product offerings.
Photo: The Econo-Rack Group

MISSISSAUGA, Ont. — The G.N. Johnston Equipment Co. Ltd. has acquired the assets of The Econo-Rack Group Inc., a Canadian manufacturer and dealer of racking and related material handling products and services.

G.N. Johnston, an authorized sales and service centre of The Raymond Corp. based in Mississauga, Ont., said Econo-Rack became a wholly owned subsidiary of Johnston on Aug. 1. No financial details were provided.

Econo-Rack has eight locations, including a 210,000-square-foot manufacturing facility in Brantford, Ont. Combined, Johnston and Econo-Rack have more than $400 million in sales and employ 1,150 associates.

Raymond is a global manufacturer of lift trucks based in Greene, NY.

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