Rice Lake Acquires Measurement Systems International
April 27, 2012
Rice Lake Weighing Systems announces the purchase of Measurement Systems International, a scale equipment manufacturer based in Seattle, Washington.
MSI has been in business in business since 1977 with niche technologies such as crane scales, aircraft load monitors, and more, that are now sought after and distributed throughout the world. Rice Lake plans to keep MSI manufacturing and operations at its current location, including all existing employees, and use the business’s broad customer base and product lines to supplement Rice Lake’s existing catalog and clientele.
The reasoning behind Rice Lake’s purchase of MSI is strategic, to grow portions of the business that are currently underserved. According to Rice Lake Vice President Mark Johnson, Jr., “We’re always looking for opportunities to fill in the gaps, to expand our product offering and serve customers that we haven’t been able to in the past. MSI was one such opportunity where all of the pieces seemed to fit together well.”
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