Hickok Incorporated, a supplier of products and services for the emissions testing, automotive, aircraft and locomotive industries based in Cleveland, Ohio, US, recently announced that it has completed and closed on the acquisition of Federal Hose Manufacturing LLC, a profitable manufacturer and distributor of flexible metal and silicone hoses.
Headquartered in Painesville, Ohio, Federal Hose is a recognized leader in the manufacture of flexible interlocking metal hose and the distribution of silicone hose. Federal Hose carries a complete line of durable, dependable hoses available in a variety of materials, including galvanized, aluminized and stainless steel. Its flexible metal hose can be used for numerous applications such as truck exhaust, bulk transfer and chimney lining.
Hickok believes that the Federal Hose transaction provides it with a unique opportunity to build shareholder value through the addition of an established, profitable business that is immediately accretive to Hickok’s earnings.