StageAcquired | Acquired
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Latest KOM Automation News
Jan 7, 2019
Mon, 01/07/2019 - 3:24pm Comments KOM Automation, founded in 1950, is an industrial distributor of high tech factory automation components and solutions. Its rich heritage in industrial automation combined with long standing relationships with world-class manufacturers has provided a market leading proposition in the Upstate New York and Northwestern Pennsylvania regions. This transaction presents an opportunity for Shingle & Gibb to strengthen and expand their geographical reach and provide KOM’s customers with a broader product offering, additional engineering expertise and investment in more local inventory. The two organizations share multiple attributes including a focus on similar product lines, namely Banner Engineering and Turck. Both KOM’s and Shingle & Gibb’s corporate cultures focus on a passion for heroic customer service and both organizations pride themselves on long-term employee tenure, providing stability and expertise to customers. Brian Lepsis, president of Shingle & Gibb Automation, says, “I’m honored to have the opportunity to associate with one of the longest tenured distributors of Banner and Turck and will carry on the Lamb family legacy of combining cutting edge automation solutions with first class customer service. Shingle & Gibb has the capacity to provide all the resources that customers require to be successful, but we are still small and nimble enough to serve customers as they want to be served, with a focus on human to human service.” Marilyn Lamb, president of KOM Automation, added, “I am happy to see the company Bob and I started over 40 years ago join forces with another family-owned and family-focused company that shares our values and commitment to service. I’m excited to see so many of our long-term employees have so many new opportunities within Shingle & Gibb.” Both Shingle & Gibb and KOM have long standing relationships with premier suppliers Banner Engineering and Turck. Banner’s Regional Sales Director, John Cheasick remarks, “We are thrilled to see two of our long-term distributors team up together. We are confident that their combined strengths are going to be a great resource for our customers.” Randy Durick, VP of sales at Turck, adds, “We are impressed with Shingle & Gibb’s track record of successfully integrating past acquisitions of similar companies and know that in their acquisition of KOM Automation the whole is greater than the sum of the parts.”
KOM Automation Frequently Asked Questions (FAQ)
When was KOM Automation founded?
KOM Automation was founded in 1950.
Where is KOM Automation's headquarters?
KOM Automation's headquarters is located at 355 Commerce Drive, Buffalo.
What is KOM Automation's latest funding round?
KOM Automation's latest funding round is Acquired.
Who are the investors of KOM Automation?
Investors of KOM Automation include Shingle & Gibb Automation.
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