Olympic Steel acquires EZ-Dumper, our second branded metal products acquisition in the past seven months.
Olympic Steel recently acquired certain assets related to the manufacturing of EZ-Dumper® hydraulic dump inserts. EZ-Dumper steel and stainless steel dump inserts for pickup truck and service truck beds are sold through a network of more than 100 dealers across the United States and Canada. This is Olympic Steel’s second branded metal products acquisition this year, following the McCullough Industries transaction in January 2019.
The EZ-Dumper brand, which was introduced to the market in 1972, is nationally recognized and its portfolio of insert products is known for quality and innovation. Built from heavy-gauge materials and backed by a structural steel frame, the dump inserts can hold and unload up to 6,000 pounds of material for construction, landscaping and home renovation applications. Made to bolt directly into most full-size pickup trucks, or custommade for service and utility body vehicles, each insert lowers and dumps utilizing a 12-volt hydraulic pump that plugs directly into the truck battery.
EZ-Dumper’s manufacturing assets and employees have been integrated into Olympic Steel’s facility in Chambersburg, Pennsylvania, which is near EZ-Dumper’s former manufacturing facility in Waynesboro, Pennsylvania.
Pete Harrison, EZ-Dumper’s Sales Manager, says the transition has gone very well. Since August 5, 2019, we have shipped 60 units, manufactured 90 units and, for the first time ever, have 40 finished units on hand in inventory ready to ship. Today, our lead time has drastically improved from two months to two days – a huge leap toward delivering exceptional customer service. Pete says, “For our customers in this business, on-time delivery is everything!”
Rick Marabito, Olympic Steel’s CEO, adds, “Continuing to expand in the metal-intensive branded products space is a key element of our growth and diversification strategy. We are committed to actively evaluating additional opportunities to add to our metal-intensive branded products portfolio.”
To learn more about EZ-Dumper, visit ez-dumper.com.