Federal Equipment Purchases TKF, Inc.
CINCINNATI , OH (July 5, 2011) - Federal Equipment Company, a Cincinnati, OH based supplier of integrated systems to the defense industry and commercial helicopter market, has purchased TKF, Inc., a Cincinnati, OH based conveyor systems and manufacturing company. "This deal will strengthen both companies through combined production capabilities, market reach and enhanced product offerings." said Mr. Doug Ridenour, Federal Equipment Company's President. "By tapping into TKF's capabilities we can expand our customer base, and utilize our combined experience and core competencies to serve a larger market place."
Mr. Ridenour went on to add, "From TKF's perspective, the advantages to the acquisition are enhanced capabilities and financial strength. We want to build a stronger market presence for both companies. This merger will allow us to do that."