Dry bulk transport specialist Bulkmatic of Griffith has purchased Paris Transport Inc. in Paris, Ill.
A representative for Bulkmatic said Paris Transport’s Illinois operations will be rebranded as Bulkmatic. A total of 32 Paris Transport employees will remain with the company and two positions will be added in the company’s Griffith headquarters.
Bulktmatic said the purchase creates additional capacity and improved service for its customers in the central Illinois and Indianapolis markets. Terms of the deal were not disclosed.
“The two organizations have a similar customer focus and our networks match up very well,” said Doug Smittkamp, vice president of Paris Transport Inc. “We believe this combination will improve service to PTI’s long-standing customers by tapping into Bulkmatic’s regional capacity.”
Paris Transport Inc. launched in 1976. The purchase includes includes dry bulk tank and dry van trucking, a tank wash, and a 50,000-square-foot, food-grade warehouse.
“Bulkmatic has always thought very highly of Paris Transport Inc.,” said Jeff Bingham, vice president of sales at Bulkmatic. “This is a great opportunity for us to leverage the benefits of market density to improve service to new and existing regional customers.”
Bulkmatic was founded in 1965. It employs 800 people and operates a fleet of more than 500 tractors and 1,300 pneumatic dry-bulk trailers located at terminals around the country.
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