Hydraulic Valve Unit Relocated From Ohio to Sarasota
Helios Technologies, Inc. (NYSE: HLIO) a global leader in highly engineered motion control and electronic controls technology for diverse end markets, today announced that both Regional Operational Centers of Excellence (“CoE”) for their Hydraulics segment in North America have been fully operational since the fourth quarter of 2023.
Faster’s North American quick release coupling order fulfillment has been relocated from Maumee, Ohio to one of the Sun Hydraulics facilities in Sarasota, Florida.
This facility is now the Hydraulic Valve and Coupling Solutions CoE. This transfer streamlines operations, provides space for future coupling manufacturing, and facilitates technological advancements through our Robert E. Koski Center of Engineering Innovation, enabling the creation of cutting-edge hydraulic solutions for our valued customers.
Leveraging Expertise in Hydraulics and Electronics
“By completing this major integration and consolidation, combined with the strength of innovation within our hydraulics operations in Italy, we have created the platform to be the global leader of electro/hydraulic solutions,” said Josef Matosevic, President and Chief Executive Officer of Helios.
“Leveraging our expertise in hydraulics and electronics, we aim to push beyond the boundaries of conventional motion control approaches, solidifying our unique position within the industry,” said Matosevic.
Operating Companies and Global Presence
With a market cap of $1.41 billion, Sarasota-based Helios has four major operating companies: Balboa Water Group, Enovation Controls, Faster, and Sun Hydraulics.
Balboa Water Group is based in Costa Mesa with global operations in Mexico and Europe.
Enovation Controls is based in Tulsa with global operations in China, India and the U.K.
Faster is based in Italy with the aforementioned operations in Florida.
Sun Hydraulics is based in Sarasota with global operations in Australia, China, Germany, India, Korea, and the U.K.
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