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APE Purchases J&M for 4.2 Million Cash

J&M Hydraulics, original designer and manufacturer of the ICE vibrator, has been purchased by APE.
J&M first starting making deep foundation products for L.B. Foster in 1969. In 1974, J&M shocked the world with a revolutionary vibratory pile driver/extractor that featured a simple open loop hydraulic system and a giant rubber spring suppressor first pioneered by Ed Haverkamp of Grand Rapids, Michigan. J&M sold 20 million dollars worth to ICE in the first two years.
J&M went on to become the largest vibro pile driver/ extractor manufacturer in the world, selling the machines exclusively to ICE from 1974 to early 2001.
J&M broke away from ICE in the latter part of 2000 and began selling their machines directly to the pile driving contractors under the HMC logo.
It was no secret that J&M was the maker of the ICE vibrator, but many contractors were not aware that J&M also made other products for ICE, including auger drills, spotters, power unit, and hydraulic impact hammers.
J&M was also the spare parts manufacturer, which many ICE owners became to know through drop shipments of parts and direct calls for service.
John White, President of APE, says "J&M made a marketing mistake when they broke away from ICE and changed their name to HMC". White continues by saying "The J&M name was household to most contractors and changing the name confused people". White also says that J&M made a further mistake by changing the model numbers to kilo joules. "Who ever made that decision was a complete ass" says White.
Anyone owning or considering the purchase of a 216, 416, 815, 44, or 66 should contact APE for a price quote.
The 4.2 million dollar purchase includes over three million in new rental equipment including 216's, 416's, a new 416B with rifle bored top plate to eliminate hoses, tons and tons of parts as well as 44's and 66's.
APE will also offer complete gearbox exchange programs for those contractors needing fast repairs of older equipment.
King Evarts Jr., the father of the ICE vibrator, will continue his inventions and technology under the new name of J&M Foundation Equipment. For more information please call the number that has always been there since 1974 which is (253) 872-0141

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