Custom Equipment Solutions for Diverse Industries
With locations in Kiel and New Holstein, Amerequip Corp. designs, engineers and manufactures equipment for original equipment manufacturers (OEMs) in the commercial lawn and turf, landscape, agricultural and light construction markets. The company’s production capabilities include technical design and engineering services, validation testing, laser cutting, forming, welding, final paint and assembly. Amerequip’s customers benefit from the company’s high quality standards, which yield a performance success rate of greater than 99 percent, as well as an inventory accuracy rate of 97 percent and a total warranty rate of less than .05 percent. The company’s major OEM customers include John Deere, CAT, McNeilus and Mahindra.
Expanding to Reach New Markets and Customers
Since 2011, Amerequip has invested more than $20 million in facility improvements, most recently expanding its Kiel facility, which doubled its manual and robotic welding capacity. The expansion also doubled the company’s machining and fabrication space, enhancing Amerequip’s final assembly capabilities and allowing the company greater flexibility in reaching new markets. Amerequip’s growth plans include increasing revenue to $150 million by 2025. The Wisconsin Economic Development Corporation supported Amerequip’s Kiel expansion with nearly $800,000 in performance-based tax credits. The City of Kiel also created a tax incentive district to support the project.
(October 2016)View more business growth success stories