API Marine forms new company after acquisition

Author:
Publish date:

API Marine is spinning off the assets of the former Advanced Hydraulic Systems to form a new company, Hydradynamic Systems Inc., the company announced.

Last May, API Marine acquired the assets and intellectual property of AHS, formerly of Winchester, Ky. In the last year, AHS's products, technology and engineering have been incorporated into API's facility in Fort Lauderdale.

The new company will focus on miniature hydraulic systems incorporating fluid power, motion control and actuation.

Related