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For Immediate Release
Equipment Data Associates
Buys Machinery Data Marketing
Acquisition strengthens EDA's machine tool data business.
CHARLOTTE,
N.C. (December 2002) – Equipment Data Associates, a subsidiary of Randall
Publishing Company, Tuscaloosa, Ala., recently acquired Machinery Data
Marketing, Clinton, Okla. With the acquisition, EDA becomes the exclusive
provider of UCC-1 data to the machine tool and heavy equipment industries.
UCC filings track new and used equipment purchases, as well as leases,
rent-to-own and refinancing. The information gathered by these filings
includes data on the buyer, seller, manufacturer, model and a detailed
description of the equipment, among other details.
"This strategic acquisition further strengthens Randall Publishing's position
as the leading information source within all of the industries that we
serve," says Randall President and CEO Mike Reilly. "We are uniquely positioned
to provide our customers with information about their customers," he says.
Barkley Tackitt, MDM founder, will continue to work in the machine tool
industry as he helps EDA transition his customer base. "EDA was the most
strategic buyer for MDM," he says. "I look forward to working with them
to ensure a successful transition."
Located in Charlotte, N.C., EDA is the nation's exclusive provider of
UCC-1 data to the heavy equipment, machine tool, trucking, farm equipment,
printing equipment, and medical equipment markets.
About Randall-Reilly Publishing
Founded in 1934, Randall-Reilly Publishing is the premier business-to-business media company focused on the trucking and construction industries. Its properties include Equipment World, Overdrive, Truckers News, CCJ and Modern Woodworking magazines..
Randall-Reilly also owns and operates several online media entities, including www.eTrucker.com, www.equipmentworld.com and www.modernwoodworking.com. Also under the Randall-Reilly corporate umbrella are the Great American Trucking Show, radio programs, a billboard company, a company-sponsored publication division serving Fortune 500 companies, and a UCC-filing database and research group.
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