FORT WAYNE -- Construction-equipment dealer MacDonald Machinery, established in Fort Wayne in 1965, has been acquired by RPM Machinery LLC, an Indiana company focused on buying industrial-equipment dealerships in agricultural and construction markets.
RPM, which was formerly based in Remington, but is establishing headquarters in Indianapolis, has 57 employees. The privately owned company did not disclose the purchase price for MacDonald Machinery, but said in a written statement today that it hopes to increase sales and add employees over the next three years.
The deal, finalized on June 29, will result in RPM becoming an authorized Case Construction Equipment dealer and acquiring MacDonald’s internet parts sales and distribution abilities. Current MacDonald’s locations in Fort Wayne, Indianapolis, South Bend and Lafayette will stay in operation, allowing RPM to expand sales, parts and service in the Great Lakes region and Midwest. The MacDonald Machinery name will remain with the newly purchased operations.
“MacDonald Machinery has a long reputation of great customer service, and with the current skilled employee base, it is our goal to continue building an even better support system,” Troy Price, president and general manager of RPM, said in a written statement.
“Selling a business that my father and I built over the past 45 years is not easy,” said Mark Johnston, previous owner of MacDonald Machinery.
He selling a business built over more than 45 year was difficult, but “knowing the values of the owners of RPM Machinery” made the decision easier.