UNEX acquires SpeedCell Storage Systems

Lakewood-based UNEX Manufacturing Inc., a provider of order picking solutions, announced Monday it has acquired SpeedCell Storage Systems, based in Zeeland, Michigan.

SpeedCell is a storage solution provider.

“We are very excited with this addition of SpeedCell and how it complements our pick, put and place storage solutions for manufacturing and distribution right up to the last mile,” said Mark Neuwirth, vice president of business development, UNEX Manufacturing. “We now have a better solution for those items whose throughput simply require a better pick and storage medium then settling for traditional static shelving.”

UNEX made the merger announcemnt at MODEX 2018, a material handling and supply chain show.

“Bringing high-density solutions to UNEX’s foremost Flow Cell Span-Track systems reduces  labor cost per pick, eliminates the need to hire additional workers and increases productivity,” Neuwirth said. “It’s a win-win situation for both companies and the industry.”

Financial terms were not disclosed.