The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
Terms of the deal, announced Monday, were not disclosed.
Louis Coleman, sales and marketing manager at Autoquip, said the company will close the American Lifts plant in Greensburg and move 47 jobs to Oklahoma. A few managers will be given the opportunity to transfer, he said.
Autoquip purchased American Lifts from New York-based Columbus McKinnon Corp.
Founded in 1928, American Lifts manufactures lift systems, including hydraulic, pneumatic and mechanical scissor lifts. The company has been located in Greensburg, about 50 miles southeast of Indianapolis, since the early 1960s, Coleman said.
Autoquip is a manufacturer of material handling lift equipment.