ST. LOUIS — St. Louis based Curtis-Toledo, Inc., a manufacturer of heavy duty, industrial and automotive air compressors, has been sold to FS-America, a subsidiary of Fu Sheng Industrial Company Ltd, headquartered in Taiwan.
For the past 26 years, Kenneth and Karen Carpenter have owned the company, which recently celebrated 150 years in business. Curtis-Toledo maintains a 150,000-square-foot production facility in St. Louis, Mo., as well as facilities in Buffalo, N.Y., and San Diego, Calif. Management of the business is expected to remain the same.
Fu Sheng, a manufacturer and distributor of air compressors, has been a supplier of compressors to Curtis-Toledo for more than 25 years. With more than 30 representative offices in China and Taiwan, it is the largest manufacturer and distributor of compressors in the Greater China region. The company has three divisions: machinery, sporting goods and electronic divisions. The machinery division, of which Curtis is now a part, includes reciprocating compressors including gas compressors, oil and oil free compressors, rotary oil and oil free models, stationary and portable, and centrifugal compressors 200 to 3500 HP.
According to Fu Sheng Board Director William Kerins, the acquisition is part of Fu Sheng’s global expansion strategy and will present the company with opportunities to expand its compressor business in the Americas.
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