What Speedrack Products Group, Ltd. does

Speedrack Products Group, Ltd. is a privately held, 100% employee-owned U.S. manufacturer of pallet racking and warehouse storage systems, founded in 1954 in Skokie, Illinois and now headquartered in Walker, Michigan. The company designs, engineers, and produces nine distinct racking product lines — selective pallet racking, drive-in/drive-through, push-back, pallet flow, cantilever, hybrid rack/shelving, pick module, structural racking, and automation/robotic-compatible systems — all built around its proprietary fully closed tubular upright design introduced in 1971, which it claims delivers superior strength-to-weight and impact resistance versus conventional open-shape sections.

The company operates two Michigan manufacturing facilities: the ~375,000 sq ft Quincy plant (acquired 2001, expanded 2021) and a newer Walker corporate headquarters and production campus built in 2023 at a project cost of $64.5 million. Speedrack complements its hardware catalog with engineering services (custom design, seismic analysis, load capacity evaluations), project management, turnkey end-to-end implementation, and a Configura CET software extension for 3D warehouse design and automatic bill-of-materials generation.

Revenue is generated through B2B enterprise project sales delivered almost exclusively via a North American network of material handling distributors and systems integrators (including named partners Apex Companies, Vargo Solutions, and Robert Dietrick Company). Customer logos span retail and e-commerce (Amazon, Target, Home Depot, Lowe's, Chewy, Ulta Beauty), automotive (Ford, GM, Rivian), beverage (PepsiCo, Starbucks), food (Nestle, Chobani), and logistics (ID Logistics, Ryder), alongside SMB and specialty accounts such as Savannah Bananas and Scott Lake Golf. Pricing is custom and quote-based on multi-year enterprise contracts, with no public pricing. The company holds ISO 9001, R-Mark (RMI), AWS, CWB, Made in USA, Ecovadis, Avetta, and Environmental Product Declaration certifications, and earned MHEDA Most Valuable Supplier awards in 2025 and 2026.

Name

Speedrack Products Group, Ltd.

Legal name

Speedrack Products Group, Ltd.

Website

https://speedrack.net

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

251–500 employees

Short description

Speedrack Products Group is a 100% employee-owned U.S. manufacturer of pallet racking and warehouse storage systems, serving retail, automotive, food and beverage, and logistics enterprises in North America through a distributor and systems-integrator channel.

Ownership category

akta.pro rank

Product category

Material Handling and Warehouse Storage Systems

SIC

Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540)

akta.pro primary industry

Warehouse Storage & Racking Systems (Pallet Racking, Shelving, Mezzanines) (IMAHABAD)

Keywords

• Pallet racking systems
• Warehouse storage solutions
• Material handling equipment
• Industrial steel racking
• Warehouse storage systems

Headquarters

HQ city

Sparta

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Pallet Racking Systems: Direct sales of pallet racking and warehouse storage systems including selective pallet racking, drive-in/drive-through, push-back, flow products, cantilever, structural, and hybrid systems.
2. Turnkey Solutions: Comprehensive end-to-end approach including design, engineering, manufacturing, installation, and project management. Delivers ready-to-use storage systems tailored to customer space and workflow.
3. Engineering Services: Stand-alone engineering services including custom rack designs, seismic analysis, load capacity evaluations, and complete warehouse layout planning. Available independent of rack purchases.
4. Project Management Services: Comprehensive project management including planning, scheduling, permitting, coordination, inspection, and on-site management for storage system installations.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels10 records

Core offering

Speedrack Products Group, Ltd. designs, manufactures, and installs pallet racking and warehouse storage systems using a proprietary tubular steel design. The company offers nine distinct racking product lines (selective, drive-in/drive-through, push-back, pallet flow, cantilever, hybrid rack/shelving, pick module, structural, and automation/robotic solutions) along with turnkey implementation services including engineering, project management, and 3D warehouse design via the Configura CET extension. All products are manufactured in the United States with American-made steel.

Product overview

Speedrack Products Group, Ltd. offers a comprehensive portfolio of pallet racking and warehouse storage systems built around their pioneering tubular rack design. The product lineup includes nine distinct racking types: Selective Pallet Racking for direct pallet access, Drive-In & Drive-Through for high-density bulk storage, Push-back Racking for LIFO operations, Pallet Flow Racking for FIFO systems, Cantilever Racking for long/bulky items, Hybrid Rack/Shelving for mixed operations, Pick Module Racking for order fulfillment, Structural Racking for heavy-duty applications, and Automation/Robotic Solutions for automated warehouses. These core products are complemented by four service offerings: Turn-key Solutions for end-to-end implementation, Engineering Services for custom design and analysis, Project Management Services for installation oversight, and 3D Warehouse Design using Configura CET software. All products feature the company's signature closed tubular steel construction for superior strength and durability.

Differentiator

Problem solved

Functional benefit

Products and services

• Selective Pallet Racking

Quantifiable outcome

• 70%+ recycled materials in finished products
• +3 more outcomes

Named customers17 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major, support and minor.

• ConfiguracoreTechnology or Integration · 14 July 2025Strategic partnership to develop the Speedrack Extension for CET Material Handling software. Enables real-time configuration and visualization of Speedrack racking systems in 3D, automatic Bill of Materials generation, and professional project documentation for warehouse designers and distributors.
• Apex CompaniesmajorImplementation/ SI/ Consulting PartnerCollaborated on Savannah Bananas warehouse project. Apex led layout design, budgeting, planning, and installation while Speedrack supplied selective pallet rack systems. 100,000 sq ft facility with 1,500+ pallet positions.
• Vargo SolutionsmajorImplementation/ SI/ Consulting PartnerPartnership on ULTA Beauty Bolingbrook, IL facility project. Vargo provided warehouse design and installation expertise. Project delivered $340,000+ in savings and completed 2 weeks ahead of schedule.
• Robert Dietrick Company (RDC)majorImplementation/ SI/ Consulting PartnerPartnership on Pedestrian Safe Rack Tunnel project for RDC's new Indianapolis warehouse. Custom integrated racking and safety solution combining high-density storage with pedestrian protection corridor.
• Mill SteelsupportStrategic or Co-development PartnerAmerican steel supplier supporting Speedrack's Made in USA certification and 100% domestic steel sourcing commitment.
• Indiana Industrial Services (IIS)supportStrategic or Co-development PartnerSupporting Speedrack operations as mentioned in Business View Magazine feature on company achievements.
• Michigan Manufacturers AssociationsupportStrategic or Co-development PartnerIndustry association supporting Speedrack's manufacturing operations in Michigan.
• Michigan State University Supply Chain Management Association (SCMA)minorStrategic or Co-development PartnerEducational partnership sponsoring student attendance at ProMat and MODEX trade shows. Invests in next generation of supply chain professionals.
• Hai RoboticssupportTechnology or IntegrationPartnership with robotics company mentioned in ISO 9001 certification announcement. Demonstrates dedication to innovation and technological advancement.
• STOWsupportTechnology or IntegrationPartnership with robotics company mentioned in ISO 9001 certification announcement. Shows commitment to cutting-edge robotics integration.

Scale indicators8 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Interlake Mecalux: One of the largest global manufacturers of pallet racking, warehouse storage systems, and automated warehouse solutions. Directly comparable to Speedrack across selective, drive-in, push-back, and cantilever racking categories and competing in overlapping North American enterprise accounts.
• Ridg-U-Rak: North American pallet rack manufacturer serving industrial and retail warehouse markets with selective, drive-in, push-back, and structural racking. Directly comparable as a U.S.-based rack producer with overlapping distribution channels and customer segments.
• Hannibal Industries: U.S. manufacturer of pallet racking, structural rack, and warehouse storage products with a national distributor network. Direct competitor to Speedrack in selective, drive-in, and cantilever racking categories for industrial and distribution customers.
• Steel King Industries: Manufacturer of steel storage products including pallet racks, stack racks, and protective guard railing. Directly comparable in pallet racking manufacturing and warehouse storage solutions sold through distributors in North America.
• UNARCO Material Handling: U.S.-based pallet rack manufacturer producing selective, drive-in, push-back, and cantilever racking systems. Directly comparable product portfolio, customer base, and channel-based GTM motion.
• Mecalux: Spanish-headquartered global supplier of warehouse racking, AS/RS, and warehouse management software (parent of Interlake Mecalux in the U.S.). Overlaps with Speedrack on racking categories and increasingly competes on integrated automation solutions.

Broad incumbents

• Kardex Group: Global supplier of automated storage, retrieval, and material handling solutions including vertical lift modules, carousels, and integrated AS/RS. Broader scope than Speedrack but competes for the same warehouse storage wallet at large enterprise accounts.
• SSI Schaefer: Global intralogistics provider offering pallet racking alongside AS/RS, conveyors, WMS, and integrated warehouse solutions. Competes with Speedrack where enterprise customers bundle racking with broader automation and software scopes.
• Daifuku: Large Japanese material handling systems integrator offering AS/RS, conveyors, and racking. Competes with Speedrack at the high end of automated distribution centers, particularly in retail and automotive accounts.

Emerging players

• Lista International: Manufacturer of modular storage, shelving, and workstation products serving industrial and aerospace customers. Partial overlap with Speedrack on shelving and hybrid storage, but focused more on cabinet and small-parts storage than full pallet racking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Speedrack Products Group, Ltd.