HAZEL CREST, Ill.--(BUSINESS WIRE)--Lanco International, Inc., parent company of Mi-Jack Products, Inc. of Hazel Crest, Illinois, today announced the sale of its Technical Services International (TSI), Hubert Line and Hubert Rail companies to Remprex, LLC, effective as of the close of business May 31, 2021. Terms of the sale are confidential. Frank Calomino – Executive Vice President of Lanco International, Inc. said, “We recognized early on that Remprex would represent an optimal path forward from a perspective of increased growth and innovation as one of our existing trusted partners and we are excited for both companies.”
Remprex, LLC is a high-growth, technology-enabled company that has expanded rapidly in the last decade into many areas of the transportation ecosystem, including lift operations, engineering, equipment management, IT services and remote operations, all with a view towards leveraging the integration of technology into these services. Remy Diebes, President & CEO of Remprex, said, “We are looking forward to building on the foundation of this great business. We continue to expand our line of services in the rail & port facility space and see unlimited growth opportunities ahead of us.”
Mi-Jack Products will continue to concentrate on building its manufacturing portfolio with expanded product lines in rail, port, and industrial markets. In addition, its efforts to provide parts and service support to its customers will be enhanced with state-of-the-art processes to deliver the best support for all its industries.
Lastly, it continues its commitment to provide industry-leading technical training via the John J. Lanigan Sr. Training Academy (JJLST). Its total immersion approach and multitude of certification paths empower customers’ technicians to develop more independence, become more productive and versatile, as well as reduce risk, all while becoming experts at supporting Mi-Jack equipment.