Company Profile
International Equipment Solutions
Company Overview
IES is a global engineered equipment platform serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining, and energy markets. IES operates through six operating units, including Paladin, Genesis, Pengo, Jewell and CWS, all of whom are leading manufacturers of engineered attachment tools for operator driven equipment, Crenlo, a leading North American manufacturer of cab enclosures for operator-driven equipment as well as specialty electronic enclosures, and Siac do Brasil, the leading supplier of heavy equipment cab enclosures and locomotive sub-assemblies in the South American market. IES’ customers include major OEMs, national rental fleet companies and hundreds of independent and OEM-aligned dealers. IES employs over 2,800 people and operates 17 manufacturing facilities in the United States, Canada, Germany, and Brazil.
Company History
IES was formed in September 2011 as a platform for investments serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining, and energy industries. IES’ first two acquisitions occurred in September 2011 when the company acquired Paladin Brands Holding, Inc. and Crenlo LLC from Dover Corporation. In November 2011, Stephen Andrews was retained as Chief Executive Officer of IES to lead the integration of the first two acquisitions and to aggressively grow and globalize the company. As part of its globalization strategy, IES acquired Siac do Brasil, Ltda. (“Siac do Brasil”), a manufacturer of cab enclosures in Brazil, in June 2012 and International Equipment Solutions, LLC ("IES”) has acquired, through an indirect, wholly owned subsidiary, CWS Industries (Mfg) Corp. (“CWS” or the “Company”) in July 2012.
Notable Products / Brands
Paladin, Crenlo, Pengo, Genesis, Jewell, CWS, IMAC, Siac, Harley, FFC, Bradco, Sweepster, C&P, JRB, McMillan, Emcor Enclosures
Notable Clients
Caterpillar, John Deere, Bobcat, Komatsu, Hitachi, Altec, CNH, Volvo