stangco industrial equipment

What stangco industrial equipment does

STANGCO Industrial Equipment was a regional supplier of forklift (motive) power equipment and support services, headquartered in Santa Ana, California. Its core offering comprised industrial batteries, chargers, and related power systems for material-handling fleets, sold to industrial and manufacturing customers across southern California and the U.S. west coast. The company operated a sales-led go-to-market through regional sales representatives, selling hardware directly to enterprise operators with on-site service and maintenance as the principal value-add.

On August 11, 2021, STANGCO was acquired by Concentric, LLC — a national industrial power services organization that itself sits within the Mitsubishi Heavy Industries-owned OnPoint Group. The deal was explicitly structured to extend Concentric's Forklift (Motive) Power footprint into southern California and the west coast. Following the transaction, STANGCO was integrated into Concentric's broader product portfolio, which includes the GuaranteedPOWER® fixed-fee managed-service program, PowerHIVE™ automated battery swapping, ConcentricCare℠ maintenance, and RAAMS® remote monitoring — none of which existed as standalone STANGCO offerings pre-acquisition.

As a subsidiary/brand, STANGCO's legacy operations are now subsumed inside Concentric's three-pillar platform spanning Forklift Power, Critical Power (UPS, generators, energy storage, mechanical/HVAC), and On-Site Maintenance. The parent operates 60+ U.S. locations, employs a brand-independent technology model across lead-acid, lithium-ion, TPPL, and hydrogen chemistries, and offers 3–6 year subscription contracts covering batteries, chargers, maintenance, watering, washing, and replacements.

Name

stangco industrial equipment

Legal name

STANGCO Industrial Equipment

Website

https://stangco.com

Company type

Private

Founded year

2021

Operating status

Acquired

Short description

STANGCO Industrial Equipment supplied forklift batteries, chargers, and related power systems to industrial and manufacturing customers across southern California and the U.S. west coast. The company was acquired by Concentric, LLC in August 2021 to expand Concentric's national Forklift (Motive) Power footprint.

Ownership category

akta.pro rank

Product category

Industrial Power Equipment

NAICS

Industrial Machinery Manufacturing (33324)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Forklifts & Industrial Trucks (IC & Electric) (IMAHABAA)

akta.pro secondary industry

Industrial Power & Energy Equipment Rental/Leasing (Generators, Light Towers, Compressors) (TLABAFAG)

Keywords

• Forklift power equipment
• Industrial batteries
• Material handling equipment
• Motive power systems
• Battery chargers

Headquarters

HQ city

Santa Ana

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel

Revenue model

1. Forklift Power Equipment Sales: STANGCO generated revenue through the sale of forklift batteries, chargers, and related motive power equipment to industrial customers in southern California and the western United States. Post-acquisition, Concentric operates on a managed services model (GuaranteedPOWER) with fixed monthly fees covering equipment, maintenance, and replacements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

STANGCO Industrial Equipment supplied forklift batteries, chargers, and related motive power equipment along with associated service and maintenance support for industrial material handling operations. The company served as a regional industrial power equipment provider focused on southern California and the west coast market prior to its acquisition by Concentric in August 2021.

Product overview

Concentric is a national industrial power services organization providing integrated power and maintenance solutions for material handling and critical infrastructure operations. The portfolio centers on three core pillars: Forklift Power Solutions (PowerHive™ automated battery management, GuaranteedPOWER® managed service program, ConcentricCare℠ maintenance, plus batteries, chargers, and environmental products), Critical Power Infrastructure (UPS systems, backup generators, energy storage systems, and mechanical/HVAC services), and Automation Maintenance (dedicated on-site technicians, ASRS/AGV/conveyor servicing). Products include proprietary platforms like RAAMS® remote monitoring and FieldConnect reporting. The company operates on a brand-independent model, selecting optimal technologies (lead acid, lithium-ion, TPPL, hydrogen) per customer application. Multiple acquisitions (STANGCO, Jantech, Retech, Industrial Battery Solutions, Mesa Technical Associates, and others) have expanded geographic coverage and technical capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Forklift Batteries
• Forklift Chargers
• Industrial Power Equipment Support Services

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Concentric (Parent Company)coreStrategic or Co-development Partner · 11 August 2021STANGCO Industrial Equipment was acquired by Concentric in August 2021. This acquisition expanded Concentric's Forklift (Motive) Power presence specifically across southern California and the west coast market. STANGCO's operations became integrated into Concentric's national service organization.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• EnerSys: Global manufacturer of industrial batteries including motive power batteries for forklifts. Directly competes with STANGCO's core battery supply business and is a leading OEM that STANGCO would have distributed on behalf of.
• East Penn Manufacturing: Major manufacturer of lead-acid and lithium industrial batteries for material handling. Directly comparable as a forklift battery supplier competing for the same distribution and service relationships.
• Flow-Rite Controls: Manufacturer of battery watering systems and maintenance products for industrial motive power batteries. Comparable as a supplier of forklift battery service and support equipment.

Broad incumbents

• Crown Equipment Corporation: Major forklift OEM offering integrated service, batteries, and chargers as part of its material handling portfolio. Competes with STANGCO's regional battery/service offering through broader equipment bundling.
• Toyota Material Handling: Largest forklift OEM with national service networks offering batteries, chargers, and maintenance programs that directly overlap STANGCO's value proposition.
• Raymond Corporation: Forklift and material handling OEM with iWAREHOUSE fleet management and integrated battery/charger service offerings competing for the same industrial customer wallet share.
• Hyster-Yale Materials Handling: Global forklift OEM with service programs covering batteries, chargers, and motive power — competes broadly with STANGCO's distribution and service business.
• KION Group: Global intralogistics group owning Linde and STILL forklift brands with extensive service and energy solutions for industrial motive power fleets.

Emerging players

• Green Cubes Technology: Provider of lithium-ion battery solutions for material handling and industrial motive power — emerging competitor to traditional lead-acid battery distribution models like STANGCO's.
• OneCharge: Lithium-ion forklift battery provider and integrator offering motive power solutions that increasingly compete with legacy lead-acid distributors on cost and total cost of ownership.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xlinkedin.com/company/concentricusa
• YouTubeyoutube.com/channel/UCMM-bodSmDkQ3ZDTH4HXmww
• LinkedInlinkedin.com/company/concentricusa
• Instagraminstagram.com/concentricllc

Revenue estimate

Valuation estimate

Number of profiles

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 stangco industrial equipment