Operant Asset Acquisition, LLC Formed.Business Editors MIDDLESEX, N.J.--(BUSINESS WIRE)--April 19, 2004 Jeffrey Dale Welsh, Chief Executive Officer of Operant operant /op·er·ant/ (op´er-ant) in psychology, any response that is not elicited by specific external stimuli but that recurs at a given rate in a particular set of circumstances. op·er·ant adj. Material Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , today announced the formation of Operant Asset Acquisition, LLC. "Operant Asset Acquisition joins the growing family of Operant companies," explained Welsh. "The company will focus on the acquisition of assets--normally lift trucks and related material handling products--that come from defunct dealers or surplus inventory," Welsh explained. In its first matter of business, Operant Asset Acquisition acquired approximately 275 used lift trucks from the fleet of the former IMHS IMHS Interscan Messaging Hosted Security (Trend Micro) IMHS Intramedullary Hip Screw (surgical hip repair) IMHS Integrated Mail Handling System (US Postal Service) , Inc. in Philadelphia, which ceased business operations in March 2004. These units will be resold primarily through the resources of Operant Material Solutions' branches in Atlanta and . The dealers specialize in the sale, service and rental of lift trucks and related material handling products. "Our customers have an ongoing demand for quality used equipment," explained Rocco Borghetti, VP & General Manager of Operant Material Solutions of NY/NJ NY/NJ New York/New Jersey , LLC. "The efforts of our new sister company ensure that we will always be able to meet this demand." The newly-acquired fleet consists primarily of CLARK Material Handling Company Clark Material Handling Company (or CMHC) is a manufacturer of forklift trucks based in Lexington, Kentucky. The company has a production plant in Changwon, South Korea. Clark currently (2006) offers some 20 different models. and Mitsubishi lift trucks. A wide variety of models, years and specifications are available. Operant Asset Acquisition and the two Operant branches are wholly owned subsidiaries of Operant Material Solutions, LLC, which is based in Atlanta. Operant's first branch, Operant Material Solutions of Atlanta, LLC, was formed on May 28, 2003 through the acquisition of assets Acquisition of assets A merger or consolidation in which an acquirer purchases the selling firm's assets. of the former Clarklift of Atlanta, Inc. and Clarklift Material Handling of Macon, Inc. The NY/NJ branch opened on December 18, 2004, when the company acquired the assets of the former Mid-Atlantic Handling Systems, LLC through the bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. in Newark, NJ. Based in Atlanta, Operant Material Solutions, LLC is a holding company that is building a nationwide network of material handling equipment and service dealers. Operant Asset Acquisition, LLC is based at 610 Northside Drive, NW, Atlanta, GA 30318. For more information on the company or its newly acquired fleet of used lift trucks, please contact Carolyn Dixon at 404-867-5373. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion