GENCO completes ATC merger
GENCO Supply Chain Solutions on Monday said it has completed its merger with ATC Technology Corp.
The newly combined company will be privately owned and rebranded under the name GENCO ATC. ATC Logistics & Electronics and ATC Drivetrain will become new divisions within GENCO ATC.
GENCO ATC will have estimated annual revenue of $1.5 billion, about 10,000 employees and expand to 120 operations, adding Fort Worth and Carrolton, Texas; Oklahoma City; Memphis, Tenn.; and Matamoros, Mexico.
The merger immediately positions GENCO ATC as a supply chain management leader in the consumer electronics-information technology market, the Pittsburgh-based company said. Services will include transportation management; test and repair; remanufacturing; high velocity serialized fulfillment, co-packing, and kitting; warehouse management systems; and product remarketing.