Springfield’s SRC merges subsidiaries; Pitt Technology adds AI services

Springfield’s SRC merges subsidiaries; Pitt Technology adds AI services


SRC Holdings combines two subsidiaries

In a move described as expanding its manufacturing and remanufacturing capabilities, SRC Holdings announced the combination of two of its subsidiaries: Global Recovery Corp. and SRC’s Whole Goods division to form SRC Industrial Corp.

A rendering of the 200,000-square-foot facility being constructed in Springfield that will serve as the new headquarters for SRC Industrial.

The unification, effective Jan. 27, optimizes vertical integration and leverages the combined expertise of both teams. As SRC Industrial, the organization is positioned to expand energy and power generation manufacturing and remanufacturing capabilities in the rental, disaster relief, construction and agriculture markets and provide more seamless access to a broader range of products, including industrial power units, engines, industrial generators and industrial air compressors.

SRC Industrial expects to add more than 200 jobs in the next five years in the Springfield area. SRC Holdings is investing $19 million in a new 200,000-square-foot facility on N. Mulroy Road in Springfield that SRC Industrial will operate in once complete later this year.



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