Stellar Industries, a manufacturer of service vehicles, cranes, and hooklift hoists, has acquired the assets of MD Products and Solutions, a provider of agricultural and utility-focused trailer products, along with its current facilities in Mason City, Iowa.
Stellar has retained the employees of the Mason City facility, and the company will add more to meet growth objectives. The Mason City facilities will continue to manufacture current products such as Stud King header trailers and Roose utility construction trailers. Additionally, Stellar Management is developing plans to utilize the increased space for the rapidly growing production demand of existing Stellar-branded products. For example, immediate plans will consolidate American Eagle Utility Construction Trailer production into the 270,000 square-foot facilities.
“We have grown tremendously over the past several years and need additional production capacity to meet current and future demand,” said David Zrostlik, president of Stellar Industries. “The people, facilities, and products of the Mason City facility will be valuable assets as we continue to expand. The Stellar team has made incredible strides in productivity over the past few years. We are excited to see what our powerful team can do with this encouraging acquisition.”
Stellar Industries was founded in 1990 in Garner, Iowa. It is an employee owned and operated manufacturer of hydraulic truck-mounted equipment. Products include hooklift hoists, cable hoists, container carriers, telescopic cranes, articulating cranes, and work truck accessories. Stellar also offers complete mechanic service truck and tire service truck packages.