Rankin Automation

Industrial Machinery & Equipment · Pennsylvania, United States · 11-50 Employees

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Overview

Headquarters

8 Union Hill Rd W, Conshohocken, Pennsyl...

Phone Number

(610) 544-6800

Revenue

$8.9 Million

Industry

Industrial Machinery & Equipment Retail Manufacturing Office Products Retail & Distribution
ZI Rank: 1
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About Rankin Automation

Rankin Automation Company was founded as a manufacturer's representative organization in 1937. The founder was Walter A. Rankin and he named the company after himself. The company primarily sold hydraulic products that served heavy industry then found in the Philadelphia and Baltimore markets. After World War II, the company transformed into a stocking distributor representing both hydraulic and pneumatic products with offices in Broomall, PA and Baltimore, MD. As the company grew, additional sales personnel were added to serve thousands of customers from northern Virginia through central New Jersey. The business passed in to the hands of Walter Rankin's two sons, Tom and Richard. The sons ran the business for more than twenty years. They decided to sell the business rather than pass the business down to the third generation in the 1980s. The business was first sold to an investor group who tried to diversify the company into various manufacturing enterprises. This did not prove succesRead more
Rankin Automation's Social MediaPopular SearchesRankin AutomationRankin Automation CoRankinRankin Automation Company LLCRankin Automation isSIC Code 50,508NAICS Code 42,423Show more

Rankin Automation Org Chart

PhoneEmail
Carter Williams, President at Rankin Automation
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President

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Rankin Automation

$8.9M
11-50
Private
<$5M
1937
$17M
11-50
Public
<$5M
2002
Mark Smith, Chief Executive Officer & Chairman of the Board at IBC Advanced Alloys
Mark SmithCEO & Chairman of the Board
$12M
11-50
Private
-
-
RS
Robert SheltonVice President
$8.9M
11-50
Private
<$5M
1996
Aziz Asphahani, Chairman & Chief Executive Officer at QuesTek Innovations
Aziz AsphahaniChairman & CEO
$8.4M
11-50
Private
$125.1M
2007
$6.4M
11-50
Private
-
1969
DW
Daniel WeinhardtGeneral Manager
$5.7M
11-50
Private
-
2013
MS
Matthew SimmersDirector, Product Market
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Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Rankin Automation is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Rankin Automation is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Rankin Automation.

Rankin Automation financials insights

Gather financial insights about Rankin Automation, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$350K

See All Rankin Automation's Financials Insights

Rankin Automation Tech Stack

A closer look at the technologies used by Rankin Automation

Most Recent Scoops

Event
Events, Sales, Logistics / Supply Chain, Machinery, Field /Outside Sales, Field Marketing, Manufacturing Operations, Operations, Warehouse Operations
Facilities Relocation / Expansion
Rankin Automation is planning to move its offices in July 2021. The move will impact approximately 15 employees at their existing office located at 888 Sussex Blvd, Broomall, PA.
Real Estate
Funding
Rankin Automation has received an SBA PPP loan for $350,000-1 million from The Bryn Mawr Trust Company, supporting the retention of 38 jobs.
Funding
See more scoops

Top Industrial Machinery & Equipment Companies

Frequently Asked Questions Regarding Rankin Automation

What is Rankin Automation's official website?
Rankin Automation's official website is www.rankinautomation.com
What is Rankin Automation's Revenue?
Rankin Automation's revenue is $8.9 Million
What is Rankin Automation's SIC code?
Rankin Automation's SIC: 50,508
What is Rankin Automation's NAICS code?
Rankin Automation's NAICS: 42,423
How many employees does Rankin Automation have?
Rankin Automation has 11-50 employees
What industry does Rankin Automation belong to?
Rankin Automation is in the industry of: Industrial Machinery & Equipment, Retail, Manufacturing
What is Rankin Automation competition?
Rankin Automation top competitors include: QuesTek Innovations, Postle Industries, Greenville Metals, NanoAl
What technology does Rankin Automation use?
Some of the popular technologies that Rankin Automation uses are: WordPress.org, PHP, HubSpot Marketing Free, Proofpoint
How do I contact Rankin Automation?
Rankin Automation contact info: Phone number: (610) 544-6800 Website: www.rankinautomation.com
What does Rankin Automation do?

Rankin Automation Company was founded as a manufacturer's representative organization in 1937. The founder was Walter A. Rankin and he named the company after himself. The company primarily sold hydraulic products that served heavy industry then found in the Philadelphia and Baltimore markets. After World War II, the company transformed into a stoc... king distributor representing both hydraulic and pneumatic products with offices in Broomall, PA and Baltimore, MD. As the company grew, additional sales personnel were added to serve thousands of customers from northern Virginia through central New Jersey. The business passed in to the hands of Walter Rankin's two sons, Tom and Richard. The sons ran the business for more than twenty years. They decided to sell the business rather than pass the business down to the third generation in the 1980s. The business was first sold to an investor group who tried to diversify the company into various manufacturing enterprises. This did not prove successful and the company was sold again in 1987. The new owner was Rick Ware who still owns the business today. Under new ownership, the company reviewed its primary business and decided to go in a new direction. Since much of the heavy industry in its markets had either closed or moved south, there was little growth foreseen in its traditional hydraulics business. The company decided to emphasize automation products and services to target the growing opportunities for emerging industries now found in the mid-Atlantic market. The new emphasis was on pneumatic, electric, and value-add products and services to be supported by trained sales and technical personnel. The emerging ability to control sophisticated products with programmable solutions led the company to a complete makeover. The company was renamed Rankin Automation Company in 1998 and began promoting itself to the market as an "Automation Solutions Provider". Today, Rankin Automation represents some of the most innovative companies in the automation world. Festo, 80/20, ...Read More

What are Rankin Automation social media links?
Rankin Automation Linkedin page Rankin Automation Twitter page Rankin Automation Facebook page
Is Rankin Automation a public company?
Rankin Automation is private company therefore does not currently have an official ticker symbol
See more information about Rankin Automation

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