GNCO Inc. acquires FMH Material Handling Solutions

Posted on Jan 17, 2023 in Nuts & Bolts

FMH Material Handling Solutions has been acquired by GNCO, Inc. effective January 1, 2023.

Matt Adams

FMH Material Handling Solutions is a business with a long history of success. We are excited to be part of its future growth story. This acquisition will make us a stronger, more diversified company geographically and strengthens our OEM partnerships” says Matt Adams, President at GNCO, Inc.

FMH will remain under local management and committed to its vendors, suppliers, and customers within Colorado, New Mexico, and Texas. GNCO is committed to supporting the continued growth of FMH by providing resources and hiring top talent in the area for technicians, parts, and sales personnel.

“After forty-four (44) years as a forklift distributor, John Faulkner has sold the majority of the FMH Assets to GNCO, Inc., based in Cleveland, Ohio.  Faulkner became a Clark Dealer at the very young age of 27 and was the first Doosan dealer in America. Faulkner also represented Crown, CAT, Mitsubishi, Jungheinrich, Big Joe, Sellick, Kalmar, Donkey, and HELI Forklifts. in Colorado, New Mexico, Wyoming, and West Texas.

John Faulkner

Faulkner says …”The sell to GNCO, Inc. was the best move for the FMH employees, vendors, and his family”.

Faulkner became the largest HELI Distribution Agent in the world in 2022. He will continue the distribution of HELI products under the name Industrial Forklifts, Inc. The HELI business is currently relocating to Phoenix, AZ. “