JACKSONVILLE, Fla., Jan. 6, 2011 -- The Suddath
Companies, headquartered in Jacksonville, Fla., is proud to
announce their acquisition of Barrett Moving & Storage Company
based in Minneapolis. These two industry leaders combine to
create a $325 million corporation with diversified transportation
and relocation service offerings. With more than 1,500 employees
and 18 nationwide locations, The Suddath Companies will continue to
offer globally-recognized quality service and innovation to
corporations, individuals and institutions around the world.
With Barrett, Suddath now has offices in Wisconsin, Illinois and
Minnesota; and has also expanded service offerings to include trade
shows and exhibit displays, and special services. Suddath
also gains more than 400 employees and contractors for their
already expansive service base.
"We have added a well-established presence in the upper Midwest,
which will expand our footprint and increase service capabilities
for our customers," said Barry Vaughn, chief executive officer of
The Suddath Companies. "I am most enthusiastic about bringing
these two storied and highly-reputable cultures together and
merging the very best of both worlds into one superior
organization."
Both Suddath and Barrett share similarly modest beginnings as
family-owned businesses with a strong commitment to their
communities. Suddath began in 1919, with two mules, a truck
and a typewriter. Barrett Moving & Storage began in 1901,
hauling coal and fuel oil with two trucks. Both companies
have been family-owned throughout their histories.
Over the past 92 years, Suddath has grown into one of the
largest global transportation and relocation organizations with
more than 1,100 employees and $285 million in annual
revenues. Barrett has evolved into one of the leaders in the
moving and relocation industry with 400 employees and contractors
and more than $40 million in annual revenues. Both companies
have accomplished a record level of achievement in every aspect of
their business.
"We are proud to become part of The Suddath Companies, where
delivering the best in customer service holds the same importance
that it has for Barrett," said Randy Koepsell, senior vice
president of Barrett Operations. "We know that we will continue a
110-year legacy of quality and innovation as part of this great new
company."
With over 200 combined years of experience, the expanded Suddath
Companies will continue to offer innovative transportation,
relocation and logistics solutions to an ever-growing global
customer base.