What Hines Corporation does

Hines Corporation is a privately held industrial manufacturing holding company established in 1985 and headquartered in Spring Lake, Michigan. It operates as a parent to six core subsidiaries that design, manufacture, and sell specialized industrial equipment: Bennett Pump (fueling technologies including certified dispensers for hydrogen, CNG, and LNG alternative fuels), Johnston Boiler (large-packaged water-backed firetube boilers from 75 to 2,500 HP), Pacific Floorcare (commercial floor scrubbers including orbital and BatteryShield technologies), Garlock Equipment (commercial roofing equipment such as the LowBoy trailer and poly trash chute systems), Garlock Safety Systems (passive fall protection), and Cimline Pavement Maintenance Group (spray-injection DuraPatcher, crack sealing, and asphalt emulsion storage).

The holding company derives revenue primarily through direct B2B sales by each subsidiary into its respective end market: industrial manufacturers and processors (auto, chemical, food, energy) for steam boilers; gas stations, energy companies, and transportation providers for fuel dispensers; cleaning service providers serving healthcare, education, and retail for floor care; municipal and federal public works departments and contractors for pavement maintenance; commercial roofing contractors such as CentiMark for material handling; and industrial facility managers for fall protection at heights. Each subsidiary maintains its own branded website, manufacturing footprint, and direct sales channel, while Hines provides corporate services in finance, HR, and strategic direction.

The business model is a focused industrial roll-up: acquire niche industrial manufacturing brands, provide capital stability and operational infrastructure to enable product innovation and geographic expansion (e.g., integration of the Shanghai Bennett JV, 135,000 sq ft Kimble facility, Crane Carrier acquisition), and periodically divest non-core or underperforming assets (DynaTorque in 2017, Specialty Vehicle Group and Michigan Spring & Stamping in 2018). Pricing is not publicly disclosed and operates through direct enterprise and government sales channels across North America, Asia, and Africa.

Name

Hines Corporation

Legal name

Hines Corporation

Website

https://hinescorp.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

251–500 employees

Short description

Hines Corporation is a privately held industrial manufacturing holding company that acquires and supports niche equipment subsidiaries serving transportation fueling, industrial boilers, floor care, roofing, fall protection, and pavement maintenance customers through direct B2B sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Spring Lake

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels6 records

Marketing channels3 records

Core offering

Hines Corporation is a privately held industrial manufacturing holding company that owns and operates six subsidiaries producing engineered equipment: fuel dispensers for conventional and alternative fuels (Bennett Pump), large-packaged firetube boilers (Johnston Boiler), commercial floor scrubbers (Pacific Floorcare), commercial roofing material handling equipment (Garlock Equipment), passive fall protection systems (Garlock Safety Systems), and pavement maintenance equipment (Cimline). The parent provides financial stability, strategic direction, and operational oversight while each subsidiary sells its own branded products directly to industrial, municipal, and commercial customers.

Product overview

Hines Corporation is an industrial manufacturing holding company that supports the growth of multiple subsidiary companies. The company offers a diverse portfolio of industrial products through six main subsidiaries: Bennett Pump (fuel dispensers and alternative fuel technologies including hydrogen, CNG, and LNG), Johnston Boiler (large-packaged firetube boilers), Pacific Floorcare (floor cleaning equipment), Garlock Equipment (roofing equipment), Garlock Safety Systems (fall protection equipment), and Cimline Pavement Maintenance Group (pavement maintenance equipment). These products serve transportation fueling, industrial boiler, commercial cleaning, roofing, safety, and road maintenance industries.

Differentiator

Problem solved

Functional benefit

Brands

• Purpose Built: Pacific Floorcare's product line featuring premium specifications and industry-first technologies for floor cleaning equipment.
• BatteryShield

Products and services

• Bennett Pump Fuel Dispensers Engineering, design, and manufacturing of fuel dispensers for the transportation industry, including conventional fuels and alternative fuels such as hydrogen, compressed natural gas (CNG), and liquefied natural gas (LNG). Offers refueling hydraulics and Weights & Measures-certified fuel metering systems to gas station operators, energy companies, and global automotive and energy corporations.
• Johnston Boiler Large-Packaged Firetube Boilers Large-packaged water-backed firetube boilers from 75 to 2,500 HP (2,587 to 86,250 pounds per hour of steam), along with burners, deaerators, boiler feed systems, high-pressure condensate return systems, and blowdown tanks. Sold directly to industrial customers including major auto manufacturers, automotive suppliers, the world's largest chemical and food producers, and energy corporations with full lifecycle service support.
• Pacific Floorcare Floor Cleaning Equipment Commercial floor cleaning equipment including orbital automatic scrubbers with high down pressure and large motors backed by a 2-year, 1,200-hour scrub head warranty, and BatteryShield technology that prevents cleaning functions when water levels are too low to protect wet-battery packs. Sold to cleaning service providers serving thousands of healthcare, education, and retail facilities worldwide.
• Garlock Equipment Commercial Roofing Equipment Durable, efficient equipment for the commercial roofing industry, including the LowBoy trailer (2,500 lb capacity, low loading height, live-roller bed) for roofing material handling and the articulating square poly trash chute system supporting up to 20 sections for high-rise debris removal. Sold to top commercial roofing contractors such as CentiMark.
• Garlock Safety Systems Fall Protection Equipment Passive fall protection equipment designed to prevent falls versus arresting a fall after it occurs, including the RollBack Bay Gate dual-gate system, mezzanine guards, loading dock gates, and roof hatch protections. Configurable to specific site requirements and sold to industrial facilities and major mass-market retailers with multi-level warehouse receiving areas.
• Cimline Pavement Maintenance Equipment Pavement preservation equipment including spray-injection DuraPatcher machines for pothole repair (clean, apply emulsion tack coat, spray emulsion-coated aggregate, cover with dry aggregate), crack sealing equipment, and heat-blanketed asphalt emulsion storage tanks. Sold as trailer-mounted and truck-mounted units to municipal public works departments, contractors, and federal transportation authorities.

Quantifiable outcome

• City of Fargo reduced patch repair time and extended road patching season from March through November with DuraPatcher
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Partnerships

One partnership is on record.

• Shanghai Bennett (Bennett Pump Shanghai)coreStrategic or Co-development PartnerBennett Pump established a China-based joint venture, Shanghai Bennett (Bennett Pump Shanghai), in 1998 for manufacturing and distribution of fueling technologies in the Asian market. Hines Corporation later acquired the joint venture partner's share, fully integrating it into the Hines family.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Illinois Tool Works: Large diversified industrial manufacturer operating 80+ decentralized operating segments in similar niche industrial end-markets (welding, automotive, food equipment, polymers & fluids). Closest analog to Hines' holding-company model of operating decentralized niche industrial subsidiaries as market leaders, though at significantly greater scale.
• Dover Corporation: Diversified industrial manufacturer whose Engineered Products segment includes Wayne Fueling Systems—a direct competitor to Hines subsidiary Bennett Pump in fuel dispensers and alternative-fuel refueling equipment. Operates a comparable decentralized industrial-niche holding-company playbook.
• Roper Technologies: Acquisitive industrial and technology holding company that buys and operates niche-leading businesses with high recurring revenue. Useful comparable for Hines' strategy of acquiring category-leading industrial brands (Bennett, Johnston, Cimline) and supporting them under a parent umbrella.
• IDEX Corporation: Diversified industrial manufacturer with a Fluidics segment that includes dispensing, sealing, and metering technologies—an obvious product-set overlap with Bennett Pump's fueling dispensers and fuel metering systems. Comparable diversified-niche industrial holding structure.

Direct peers

• Standex International: Smaller diversified industrial holding company operating niche-leading businesses across food service equipment, engraving, electronics, and engineered components. Closest size-and-scope analog to Hines Corporation as a privately comparable public industrial holding entity.
• Cleaver-Brooks: One of the largest US manufacturers of packaged industrial boilers (firetube, watertube, condensing) serving chemical, food, healthcare, and refining customers. Direct head-to-head competitor to Hines subsidiary Johnston Boiler in the large-packaged firetube boiler market.
• Tennant Company: Global manufacturer of floor cleaning equipment (scrubbers, sweepers, coatings) and floor coatings serving industrial, commercial, and healthcare facilities. Direct competitor to Hines subsidiary Pacific Floorcare in commercial and industrial floor-cleaning equipment.
• Gilbarco Veeder-Root: Major global manufacturer of fuel dispensers, point-of-sale systems, and fuel management software for retail and commercial fueling. Direct competitor to Hines subsidiary Bennett Pump in traditional and alternative-fuel dispenser markets.
• Guardian Fall Protection: Major US manufacturer of fall-protection equipment including anchors, harnesses, self-retracting lifelines, and passive guards for rooftop and at-height industrial work. Direct competitor to Hines subsidiary Garlock Safety Systems.

Emerging players

• Bergkamp Inc. Manufacturer of pavement preservation and maintenance equipment including pothole patching machines, slurry sealers, and emulsion equipment for municipal and highway contractors. Directly comparable to Hines subsidiary Cimline Pavement Maintenance Group in the spray-injection and crack-sealing segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Hines Corporation