GSI Purchases Johnson System Inc.
Date Posted: September 25, 2013
Assumption, IL—Grain Systems Inc. (GSI), a global brand of AGCO (NYSE: AGCO), announced Sept. 25 that it has purchased Johnson System Inc. (JSI), a leading manufacturer of catwalks, towers and support structures based in Marshall, MI. The acquisition includes JSI’s manufacturing operation in Marshall and approximately 70 employees, all of whom will be retained by GSI.
Owners Howard and Kathleen Johnson, who founded JSI in 1983, will continue on to assist with the integration process.
“We’re very excited about adding JSI to the GSI and AGCO family of companies as it provides us with new growth opportunities that offer our Dealers system solutions to enhance the productivity, efficiency and profitability of their customers’ operations,” said Tom Welke, Senior Vice President, GSI, Global Grain and Protein.
“With the acquisition of JSI, we are adding a quality brand with a reputation for excellent products, customer service and responsiveness,” Welke said.
In addition to manufacturing catwalks and towers, JSI also produces temporary storage systems, aeration systems, superstructures, decks, stair systems, grain ladders and numerous other agricultural products.
“Although differing in size, both GSI and JSI share the same core values and a common goal to provide top quality global products,” said Howard Johnson, owner and founder of Johnson System Inc.
“The acquisition allows JSI to have continued growth, insures long-term sustainability and provides stability for our employees.”
Welke pointed out that JSI’s recent growth has been primarily in the international marketplace, and now with substantial support from GSI and its parent company, AGCO, “We expect continued rapid growth in serving overseas customers.
We’ve partnered with JSI on international projects in the past, and the global reach of our Dealer network will greatly increase our ability to more proactively service the needs of the international markets.”
JSI will remain a stand-alone business and will be integrated into the GSI and AGCO operations over a period of time.
GSI will look for opportunities to design GSI and JSI product line offerings that create synergies for ease of construction, manufacturing and site layout.
“Our acquisition of JSI supports AGCO’s vision of providing high-tech solutions for professional farmers feeding the world,” Welke added.
For more informati9on, call GSI at 888-GSI-BINS or Johnson System at 800-962-1495.
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