W. M. Kelley Co. Inc., New Albany, Indiana, has acquired Louisville, Kentucky, based Lauyans & Co. Inc.
Lauyans & Co., established in 1986, is an engineering and manufacturing company providing conveyor systems and permanent magnet solutions, while W.M. Kelley has more than 50 years of experience designing and manufacturing material handling equipment, custom metal fabrication components and complete assemblies.
According to a news release from W.M. Kelley, Lauyans & Co. will continue to provide engineered products, overhead conveyor and permanent magnet solutions while concentrating on customer satisfaction. Through the acquisition, W.M. Kelley says it will be better equipped to serve its customers' design and fabrication needs.
Employees of Lauyans & Co. who are joining the W. M. Kelley family will share in its employee ownership and will continue to operate out of the acquired facility at 2929 W. Chestnut St. in Louisville.