HALLCO Industries Changes Hands
Aug 1, 2008 11:26 AM
Mike Almond of Australia has purchased controlling interest in the newly formed company of HALLCO Industries Inc. The innovator of the live floor conveyor system, Olof Hallstrom, and his wife, Mary, have sold their interests in HALLCO.
Hallstrom grew HALLCO Manufacturing Co. over the years to include facilities in North Carolina and Texas, as well as two facilities in Tillamook, Oregon.
Almond owns a transport company, Mountain Industries, in Newcastle on the east coast of Australia. Mountain Industries has been involved in trucking and rail operations since 1980, has 150 employees and runs in excess of 100 subcontract owner/drivers in the trucking fleet. The company also owns a number of grain storage and fertilizer distribution sites in the Australian grain belt.
Almond has represented the Hallco product in Australia and SE Asia since 1987, when he first visited Tillamook, Oregon, and met the Hallstrom family.
Steve Hallstrom will serve as president of HALLCO Industries Inc., and Dan Hallstrom as VP of manufacturing. Jack McClave has returned as Chief Financial Officer and Charles Russell has accepted the position as VP of sales/marketing, heading up the sales team located in the USA.
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