Schaumburg's ACS Group buys Walton/Stout Inc.

Auxiliary equipment maker ACS Group, a Harbour Group company, acquired Walton/Stout Inc. Terms of the deal were not disclosed.

ACS, based in Schaumburg, plans to move production of Walton/Sout’s line of equipment from the company’s Lithonia, Ga. factory to ACS’s recently revamped facility in New Berlin, Wis.

Walton/Stout has been in business for more than 40 years, solving material handling, blending, crystallizing and drying applications. The company produces a broad line of large drying systems and crystallizers, both electric and gas-fired, which are complementary to ACS Group’s current product offerings.

The ACS Group designs, manufactures, markets and supports lines of auxiliary products for the plastics processing industry. Formed through a series of acquisitions, the ACS Group maintains a product line that includes size reduction equipment (granulators and shredders), material conveying equipment, metering and blending devices, heat exchangers (mold temperature controls units and chillers), drying systems, presses, and robots.

ACS also recently finished a $3 million upgrade of its China plant, in Suzhou, Jiangsu Province, installing 20 machining centers, wielding and sheet metal that will give it substantial capabilities to manufacture more of the company’s product line there.