GRYB acquires Two Harbors Machine Shop and Serco loader line


GRYB International has announced it has signed a purchase agreement for the acquisition of Two Harbors Machine Shop (THMS) and the Serco loaders line from the Coolidge and Searson families.

The acquisition is effective as of December 1.

According to GRYB, the acquisition will advance the company towards its ambition to offer the best and most complete line of products in mining, forestry, recycling, construction, demolition, land clearing and material handling.

“We saw ourselves in TMHS and Serco loaders. They had the same core values so we see it as an honour to continue building their legacy. It will strengthen our presence in the USA, which will help us support our customers even more,” said Luc D’Amours, one of the four owners of GRYB International.

Established in 1968, Two Harbors Machine Shop Inc. is a full-service fabricating and machining company. Located in the Two Harbors Industrial Park in Minnisota, the company operates from a 6,500-square-metre machining and fabricating facility and a 930-square-metre painting facility.

In 1977, THMS began manufacturing its own line of Serco loaders.

“It has been a pleasure to work with the GRYB team and seeing how keen they are to take over the business with the same core values of respect, integrity and dedication, the decision was easy to make and I can only wish them the best of the success possible.” said Dave Coolidge, Joel Coolidge and Sheila Bjerklie, the former owners of THMS.

Established in 2007 in Victoriaville, Québec, GRYB has recorded steady growth since its creation, and now operates from a 8,800-square-metre factory. In 2019, GRYB acquired Bateman manufacturing in Oro-Medonte, Ontario.

Earlier this year, the company gained a foothold in the United States with the acquisition of Winkle Industries, as well as its subsidiaries Proen Engineering Solutions and LiftTech Field Services.

Based in Ohio, Winkle is a supplier of engineered mechanical and magnetic material handling solutions and contract manufacturing services.