Obituary: Airtrax founder Peter Amico dies

News Story
- 31 Aug 2006 ( #275 ) - BLACKWOOD, NJ, United States
1 min read
The Airtrax ATX-3000 Sidewinder forklift.
The Airtrax ATX-3000 Sidewinder forklift.
Airtrax Inc founder Peter L Amico Sr, 62, of Hammonton, New Jersey, died at home, of natural causes, on August 25.

Amico was the principal advocate for the company's modular, omni-directional system that allows vehicle wheels to move in lateral, diagonal and rotational directions.

Nicholas E Fenelli, chief operations officer, was named Airtrax acting CEO.

Amico signed the Airtrax financial report for the second quarter, ended June 30, as the firm's president, CEO, chairman and acting chief financial officer.

Amico was born and raised in New Jersey, served in the US Air Force and had an extensive background in sales and structural steel design. He held sales positions with Firestone Tyre & Rubber Co and Union Steel Products Inc and was president and majority owner of Titan Aviation & Helicopter Services Inc before establishing an Airtrax predecessor company in April 1995.

The US Navy agreed in January 1996 to transfer the omni-directional technology to Airtrax under a co-operative research and development agreement. A separate electric or hydraulic motor independently powers four polyurethane-covered steel wheels on an omni-directional vehicle. An operator directs the vehicle's motion through a microprocessor-enabled joystick.

In launching the omni-directional technology on the ATX-3000 Sidewinder forklift product line, Amico and Airtrax dealt with multiple start-up business issues. They included operating losses, funding requirements, production development, commercial market acceptance, protecting patent rights, establishing distribution channels and ramifications of FiLCO GmbH's January insolvency filing (Forkliftaction.com News #272).

Blackwood-based Airtrax's stock trades publicly as an over-the-counter bulletin board issue.

Amico is survived by his wife, Patricia, five children and 10 grandchildren. A masonic funeral and memorial service were held on August 30 in Vineland, New Jersey.
Connie the container dog dies
Connie the container dog dies 4 Jul 2024 - Rockville, MD, United States - 1 min read
Domenick Iellimo remembered
Domenick Iellimo remembered 26 Jan 2023 - Long Valley, NJ, United States - 2 min read
Robert P. Currie remembered
Robert P. Currie remembered 22 Dec 2022 - Worcester, MA, United States - 2 min read
Previously about:
Airtrax restates filings for two years News Story - 22 Jun 2007 - BLACKWOOD, NJ, United States - 1 min read
Airtrax names Robert Watson as CEO News Story - 2 Nov 2006 - BLACKWOOD, NJ, United States - 2 min read
Airtrax delivers Sidewinders, copes with FiLCO News Story - 10 Aug 2006 - BLACKWOOD, NJ, United States - 2 min read
Do you have materials handling news? Submit your news here

“The team is incredibly supportive, friendly, and responsive — making the process of advertising straightforward and effective. We’ve appreciated their proactive communication and industry insight and look forward to growing our presence further with their platform...” - Nicole Rimensberger, Head of Marketing, maxwell+spark

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

Words of support …

Thanks to advertising with Forkliftaction, GemOne has experienced a significant enhancement in our online presence. Working with Forkliftaction has enabled us to boost engagement with our targeted audience, resulting in an increase in information requests and downloads of valuable materials from our website. Forkliftaction has consistently delivered outstanding results, helping us to effectively connect with the right audience.

Justine Lootens, CEO

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“The team is incredibly supportive, friendly, and responsive — making the process of advertising straightforward and effective. We’ve appreciated their proactive communication and industry insight and look forward to growing our presence further with their platform...” - Nicole Rimensberger, Head of Marketing, maxwell+spark

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

“The team is incredibly supportive, friendly, and responsive — making the process of advertising straightforward and effective. We’ve appreciated their proactive communication and industry insight and look forward to growing our presence further with their platform...” - Nicole Rimensberger, Head of Marketing, maxwell+spark

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET