Global industrial company MacLean-Fogg has acquired domestic roll-forming manufacturer OMCO and its solar racking and tracker businesses.
“We are excited about this opportunity to take OMCO Solar to the next level, now with the support of a great partner in MacLean-Fogg. We look forward to growing our team and adding even more value to our customers.” said Eric Goodwin, vice president of business development for OMCO solar energy.
Following the acquisition, OMCO Solar will continue to operate under its name and retain control of the company. OMCO Solar has produced factory-grade fixed-tilt racking and single-axis trackers for the major commercial and utility markets. Last year, the company expanded its technological scope and debuted its proprietary Star Tracker Control System for its single-axis trackers.
“This newly formed synergy complements our already established brand. With so many similarities, such as strong culture, customer-centric service approach and decades of manufacturing experience, to name a few. Continued success is inevitable. Today we are not just celebrating an acquisition – we are celebrating the combination of vision, talent and momentum. When bold ideas meet strategic opportunities, growth is no longer a goal, but becomes our new reality.” said Kevin Hopp, president of OMCO Solar.
OMCO has six facilities in Arizona, Ohio, Indiana and Alabama that produce components for solar trackers and racks. The company also produces backrails for solar panel manufacturer First Solar.
“OMCO stood out for its strong culture, technical capabilities and customer-centric approach,” said Duncan MacLean, president and CEO of MacLean-Fogg. “This acquisition represents a highly complementary step in our strategy to thoughtfully expand and diversify into high-value industrial markets.”
News item from OMCO Solar
