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LGSTX Services acquires TriFactor

Wednesday, 6 Feb 2019 ( #909 )
News Story
Gary Stover
LGSTX Services, a subsidiary of US freighter lessor Air Transport Services Group (ATSG), has acquired TriFactor Distribution Solutions, a privately held US-based materials handling systems integrator based in Florida.

ATSG, which leases Boeing 767 converted freighters to Amazon, says that the services of the combined LGSTX/TriFactor businesses will be marketed nationwide as part of the "comprehensive set of ATSG solutions".

Materials handling support and engineering design services will be offered from multiple locations, including Wilmington and Lakeland, providing systems integration, custom design, installation and maintenance of supply chain solutions.

Customised turnkey offerings include conveyor systems, warehouse storage systems, order picking systems and warehouse control and management systems.

LGSTX president Gary Stover says: "TriFactor complements our core capabilities. It’s a proven supplier of materials handling solutions to respected corporations involved in warehousing, retail distribution and e-commerce operations.

"TriFactor’s engineers are experts at optimising product flow in diverse situations, from high-throughput sort facilities to small regional distribution centres. It’s a great addition to our existing materials handling capabilities."

ATSG president and chief executive Joe Hete adds that the TriFactor acquisition is expected to be accretive to ATSG’s earnings, starting in 2019.
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