Smart Air Chamber Buys Python Lines
SuperiorRoads’ Python 5000 and SR 6000 pothole patcher products lines have been purchased by Smart Air Chamber Inc., which has formed a new company that will take the SuperiorRoads name.
Kyungwon Yun, CEO of Smart Air Chamber and the new SuperiorRoads Solutions and Python Manufacturing, said the new company has taken on both the product line and many of the people from the existing company.
“Our company purchased several Python 5000s over the past couple of years, and recognized their great potential,” Yun said.
Smart Air Chamber currently manufactures truck-mounted attenuators and air cushion barriers for roads, and provides road safety management and monitoring services.
The existing SuperiorRoads Solutions and Rite Way Mfg. were jointly-owned by a group of investors headed by a management group along with Golden Opportunities Fund and Business Development Bank. Yun said business at Rite Way Mfg. won’t change and the remaining employees not moving to the new company, along with the sweeper product line, will continue on with Rite Way Mfg.
Heather Forbes, president and CEO of the current SuperiorRoads Solutions and Rite Way Mfg., predicts growth for both the new and existing companies. “Rite Way is growing, and is expanding its market,” Forbes said. “This will give us the opportunity to focus on the farm equipment industry and continue our growth pattern.”6-337-6237