FOR IMMEDIATE RELEASE
Miller Ingenuity Acquires Larry McGee Company
Two Companies Known for Innovative Product Development for the Railroad Industry
Winona, MN – March 31st, 2014 – Miller Ingenuity, today announces the acquisition of the Larry McGee Company, based in Buffalo Grove IL. Miller Ingenuity brings additional engineering, operations, and sales resources to support the Larry McGee range of products and services. Both companies agree that innovation starts with a conversation about solving problems. Larry McGee, brings a complementary product line of onboard and wayside communications equipment to Miller Ingenuity’s array of innovative solutions, such as high performance gear case seals and locomotive truck parts.
Steve Blue, President and Chief Executive Officer of Miller Ingenuity, believes: “What we like about Larry McGee is that we share similar product development skills and operating culture. We both manufacture rugged and reliable components for difficult transportation environments. What’s more important and similar to how we operate here, is that both companies live for the challenge of developing custom products to meet a particular customer need. We get right down to the shop floor to observe a situation first hand then throw ourselves into designing smart, efficient solutions.”
RR Mergers & Acquisitions, specialist in the sale of rail service and supply companies served as an advisor to the Larry McGee Company.
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About Miller Ingenuity
Miller Ingenuity is a railway component solutions company based in Winona, MN. From its earliest days, more than 60 years ago, when its founder, “Rudy” Miller, invented the wick lubricator, the company has demonstrated the ability to conceptualize, design, produce and deliver railroad parts that meet the current and emerging needs of the industry. Their continued innovations in gear case seals, truck parts kits, and heavy-duty wear parts are driven by three core motivations: to take on customer challenges, to think more creatively about solutions, and, humbly, to be everyday heroes to our customers. They put these beliefs into action based on deep and “shop floor” relationships with our customers and on the ability to invent, engineer, and deliver ingenious solutions.”
About Larry McGee
The Larry McGee Company, in operation for more than 30 years, provides a range of both Onboard and Office based communications interface panels & systems for the railroad and transit industry. These include intercoms for simple office-to-office communications to incorporating devices into vast communication networks such as, VOIP/ROIP communication systems. Train crews across North America depend on Larry McGee Locomotive Radio Panels for reliable communication between train conductors and dispatchers. Larry McGee’s Radio DTMF Activator provides a simple method of remote control of lights, gates, etc. Additionally, the Larry McGee Company has a reputation for building new stand-alone devices or complete systems consisting of an array of remote consoles with centralized control equipment as customers’ unique needs might require.