John Henry Foster Minnesota (JH Foster), a collection of engineers, support and service teams, compressed air experts and automation and robotics provider, acquired HTE Technologies, automation supplier operating in Kansas, Missouri, and Illinois. To be run as an independent division of JH Foster, the company will continue to serve its existing customer base, operate under its existing brand and remain at its headquarters in St. Louis.
"We are thrilled to welcome HTE to our team as this acquisition is a pivotal moment for both JH Foster and HTE,” said Nicholas W. Martino, CEO of JH Foster. “More than just the combination of two companies, adding HTE to our group of businesses will help bolster our collective capabilities and enhance the customer experience by providing access to more robust resources, products and solutions."
This acquisition expands JH Foster’s geographic footprint to become a source for compressed air, robotics and automation with operations in nine states. Over the past year, JH Foster made several acquisitions in the automation space, including Accu Tech USA, Celco and DevLinks.
“HTE Technologies, backed by our incredibly skilled engineering, sales and service teams, has significantly contributed to the advancements in manufacturing processes and overall productivity gains for more than six decades,” said Jason Price, president of HTE Technologies. “Joining JH Foster enables us to deliver enhanced value to our customers and expand our technology and service offerings to make an even greater impact across our diverse market segment and the thousands of loyal customers we have been fortunate to serve.”