GREEN BAY, WISCONSIN – Machine Service, Inc has acquired Prop Shaft Supply, a 17-year-old firm that engineers and manufactures drive shafts and power transmission products. They are a global supplier of OEM drive systems that make specialty products as well as standard drivelines.
With this business acquisition, MSI becomes one of the largest suppliers of drivelines in North America, thereby enabling both companies’ combined interests to become stronger and their customers to have better value than ever before. Machine Service has been offering high quality components for over 70 years and now has more resources to better serve all our customers. This will bring a 30% growth on top of annual increases in business. Together our sales teams will offer the most respected brands in the world and compliment them with engineering support.
“The MSI Team is extremely excited to help grow new market segments in the power transmission industry. With this combined resource acquisition, we will open new opportunities for ourselves as well as our customer base,” said Bryan Schultz, general manager of Machine Service, Inc.
“The merging of these two companies simplifies the challenges of today’s business environment. Together we can achieve greater success by leveraging our respective strengths and business synergies,” said JP Beierle, founder of Prop Shaft Supply.