RICO Time Line

1984  BPR/RICO Equipment, Inc. is formally incorporated in the State of Ohio and opens manufacturing facility in Medina, Ohio.

1988  The manufacturing assets of MJD Equipment were purchased.

1989  RICO expands its manufacturing capabilities in the Medina facility.

1991  RICO enters the EX-market and begins production of a complete line of explosion proof equipment.

1993  RICO purchases additional industrial property and opens a new parts distribution warehouse adjacent to the manufacturing facility.

1994  RICO targets military business and wins a multiyear contract to manufacture specialized shipboard pallet trucks for the US Navy.

1998  RICO completes a necessary expansion at the Medina, Ohio facility to keep pace with customer demand for large capacity equipment.

1999  RICO formally announces intentions to design and build high capacity AGV's.

2001  RICO completes the design and manufacture of one of the worlds heaviest AGV's. This 250,000 lbs unit was delivered to a large US Aluminum rolling mill.

2002  RICO acquires Series Five Equipment, Inc., a manufacture of custom material handling equipment.

2002  RICO's first Pegasus high capacity electric counterbalanced truck rolls off the assembly line.

2003  RICO acquires the assets of CWF Equipment, Inc.

2004  RICO acquires prime industrial property adjacent to the Medina facility in preparation for future plant expansion.

2004  RICO's first high capacity IC counterbalanced truck comes rolls off the assembly line.