ATSG subsidiary in materials handling acquisition

LGSTX Services, a subsidiary of US freighter lessor Air Transport Services Group (ATSG), has acquired TriFactor Distribution Solutions, a privately held US-based material handling systems integrator based in Florida.
ATSG, which leases Boeing 767 converted freighters to Amazon, said that the services of the combined LGSTX/TriFactor businesses will be marketed nationwide as part of the “comprehensive set of ATSG solutions”.
Material handling support and engineering design services will be offered from multiple locations, including Wilmington and Lakeland, providing systems integration, custom design, installation and maintenance of supply chain solutions.
Customised turnkey offerings include: conveyor systems, warehouse storage systems, order picking systems and warehouse control and management systems.
LGSTX president Gary Stover said: “TriFactor complements our core capabilities. It’s a proven supplier of material handling solutions to respected corporations involved in warehousing, retail distribution and e-commerce operations.
“TriFactor’s engineers are experts at optimizing product flow in diverse situations, from high-throughput sort facilities to small regional distribution centres. It’s a great addition to our existing material handling capabilities.”
ATSG president and chief executive Joe Hete added that the TriFactor acquisition is expected to be accretive to ATSG’s earnings starting in 2019.