Avis Industrial Corporation

What Avis Industrial Corporation does

Avis Industrial Corporation is a privately held industrial holding company founded in 1959 and headquartered in Upland, Indiana, that operates as a diversified portfolio of nine wholly-owned manufacturing subsidiaries organized into four divisions: Material Handling (AI International, Sellick Equipment), Recycling & Waste Equipment (Harris American Company incorporating American Baler, Harris Waste Management, and International Baler, plus FAMCO and the newly acquired G.P.S. S.r.l. of Italy), Forging (Cerro Fabricated Products, Edgerton Forge, Pacific Forge), and Engineered Products (Crankshaft Machine Company, James Steel & Tube Co., Peninsular Cylinder). The company produces forged and machined metal components, balers and recycling/waste equipment, material handling integration services and forklifts, crankshafts, cylinders, and steel/tube products for enterprise customers in automotive, aerospace, defense, material handling, construction, and recycling industries across the U.S., Canada, the U.K., and Italy.

Underlying manufacturing technology includes custom forging of aluminum, brass, copper, and ferrous metals, crankshaft machining, pneumatic and hydraulic cylinder manufacturing, steel and tube processing, and baler/shredder/compactor production. At least one subsidiary (Cerro Fabricated Products) operates an ISO 9001:2015 certified quality management system with in-house forge and trim presses, heat treating, finishing, machining centers, and advanced inspection/metrology. The company claims the largest global installed base of balers for recyclables through its Harris American Company subsidiary.

The business model is straightforward B2B industrial supply: the company manufactures and sells components and equipment via direct enterprise field sales motions operated by each subsidiary's own sales force, with pricing negotiated on a per-order basis (no public pricing). The company is currently led by President and CEO Greg King and traces its ownership to a 1983 acquisition by Leland and LaRita Boren and Richard and Mary Louise Doermer. Revenue is not publicly disclosed; recent strategic activity has emphasized consolidation of the recycling equipment segment under a unified brand and continued add-on acquisitions to broaden forging capabilities and geographic reach.

Name

Avis Industrial Corporation

Legal name

Avis Industrial Corporation

Website

https://avisindustrial.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Privately held Indiana-based industrial holding company operating nine wholly-owned manufacturing subsidiaries that produce forged components, recycling and waste equipment, material handling equipment, and engineered products for automotive, aerospace, defense, and recycling customers across North America and Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

Upland

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Industrial Equipment and Components Sales: Revenue generated through the sale of manufactured industrial equipment, forged components, engineered products, and material handling solutions across wholly-owned subsidiaries. Products include balers, recycling equipment, crankshafts, cylinders, steel and tube products, and forged metal components.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Avis Industrial Corporation is a privately held diversified industrial holding company that manufactures and sells forged metal components, recycling and waste equipment (balers, shear/baler/loggers, shredders, compactors), material handling equipment and integration services, pneumatic and hydraulic cylinders, crankshafts, and steel and tube products through nine wholly owned subsidiaries. Operations serve premier customers in automotive, aerospace, defense, material handling, construction, and recycling industries across the U.S., Canada, the UK, and Italy.

Product overview

Avis Industrial Corporation is an innovative and diversified global supplier of quality industrial products, operating as a portfolio of wholly owned subsidiary companies organized into four divisions: Material Handling (AI International, Sellick Equipment), Recycling & Waste Equipment (Harris American Company incorporating American Baler, Harris Waste Management, International Baler, plus FAMCO and acquired G.P.S.), Forging (Cerro Fabricated Products, Edgerton Forge, Pacific Forge), and Engineered Products (Crankshaft Machine Company, James Steel & Tube Co., Peninsular Cylinder). The company serves premier customers in automotive, aerospace, material handling, construction, and recycling industries worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Harris American Company: Integrated business unit combining American Baler Company, Harris Waste Management Group, and International Baler Corporation for recycling and waste equipment solutions.
• Recycling & Waste Equipment Division
• Forged Products Platform

Products and services

• Balers and Recycling/Waste Equipment Integrated portfolio of balers, shear/baler/loggers, shredders, and high-volume waste and scrap compactors for the recycling and waste management industry. Includes single-ram, horizontal, two-ram, ferrous, and specialty balers, plus scrap metal and automobile shear/baler/loggers. The business supports the largest global installed base of balers for recyclables.
• Forged and Machined Metal Components

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Kion Group AG: Kion Group is a leading global manufacturer of forklifts, warehouse equipment, and supply chain solutions, competing broadly with Avis's material handling segment as a much larger incumbent player.
• Precision Castparts Corp: Precision Castparts (Berkshire Hathaway subsidiary) manufactures complex metal components for aerospace and industrial gas turbine markets, comparable in forged-aerospace scope to Avis's Cerro Fabricated Products but at much greater scale.
• Caterpillar Inc. Caterpillar is a global heavy industrial machinery manufacturer with products spanning construction, mining, and waste/recycling equipment, overlapping with Avis's recycling/waste equipment and forged product platforms as a much larger incumbent.

Direct peers

• Standex International Corporation: Standex International is a multi-segment industrial manufacturer with engineered products, industrial services, and specialty components. Comparable to Avis in operating multiple niche manufacturing subsidiaries under one corporate umbrella with a long acquisition history.
• Mueller Industries: Mueller Industries manufactures copper, brass, aluminum, and plastic products, directly comparable to Cerro Fabricated Products' forged and machined aluminum/brass/copper offerings in similar end-markets.
• ATI Inc. (Allegheny Technologies): ATI produces specialty flat-rolled and forged products, including nickel-based alloys and titanium for aerospace and defense, directly comparable to Avis's Edgerton Forge, Pacific Forge, and Cerro Fabricated Products forged offerings.
• Hyster-Yale Materials Handling: Hyster-Yale designs and manufactures lift trucks and material handling equipment globally, directly competing with Avis subsidiary Sellick Equipment in the forklift and material handling segment.
• Cascade Corporation: Cascade Corporation manufactures material handling attachments and related components, serving similar lift truck OEMs and industrial customers as Avis's Sellick Equipment and AI International subsidiaries.
• Park-Ohio Holdings Corp: Park-Ohio Holdings is a diversified industrial holding company with segments in forged products, fluid power, and engineered products serving automotive, aerospace, and industrial customers. Closely mirrors Avis Industrial's holding-company structure and forged-components business model.
• The Manitowoc Company: Manitowoc designs and manufactures cranes and material handling equipment, comparable to Avis's material handling portfolio and broader engineered industrial equipment footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/avisindustrialcorp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Avis Industrial Corporation