ALL WORLD MACHINERY SUPPLY ACQUIRES OKAMOTO REBUILDER & DISTRIBUTOR

FOR IMMEDIATE RELEASE

ROSCOE, IL — June 17th, 2021 — All World Machinery Supply Inc., a subsidiary of Daikin industries LTD., announced that it has acquired Titan Machinery Sales, an authorized distributor of Okamoto machines, products, and services, headquartered out of Lake Zurich, Illinois with locations within Florida and North Carolina. The purchase will better serve the expanding needs of All World Machinery Supply customers in North America.

The purchase of the Titan Machinery Sales fits into All World Machinery Supply’s strategy to become more diversified as an authorized Okamoto machine distributor and service provider. By purchasing the company, All World Machinery Supply will be better positioned to provide these products and services to manufacturers and machine shops across the United States. Titan Machinery Sales will be remaining at their facilities in Lake Zurich, Illinois and Sanford, North Carolina and is currently capable of sales and full-service production.

“Titan Machinery Sales has amazing credibility and market share for Okamoto machine distribution and services. The Titan team is incredibly knowledgeable, driven, and are going to be a great culture fit for our organization because they hold the same values of excellent customer service that we do.” said David J. Koepp, President & CEO of All World Machinery Supply. “Customers of Titan can expect the same caliber of quality and care that they’ve experienced for years, in addition to having immediate access to All World’s extended aftermarket parts and service capabilities.”

Greg Lemkau, former owner of Titan Machinery Sales, stated "I am excited to be part of the All World Machinery Team. Titan and All World hold the same values and commitment to customer satisfaction. I believe this new relationship will enhance the customer experience through an expansive product and service offering unmatched in the machine tool industry.” Greg Lemkau will be joining All World Machin-ery Supply continuing his role of selling Okamoto machines along with providing his expertise within the Okamoto repair and rebuild services.

FOR MORE INFORMATION ABOUT THIS ACQUISITION, FEEL FREE TO CONTACT US