IHC Services

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Description:
IHC Services Inc. has been an international supplier of branded products and services since World War II, providing a diverse range of high-quality capital equipment and turnkey solutions in more than 70 countries.

Corporate history

On December 29, 1944, two partners founded International Manufacturing and Equipment Company, known as IMECO, with an office in Manhattan. Its mission included providing heavy machinery and spare parts.

In December 1988, IMECO purchased Hofortech Corporation, a Long Island-based company specializing in supplying and maintaining electrical engines for mining, and changed its name to International Hofortech Corporation.

In July 1989, Torno America Inc., a subsidiary of Torno Spa, a large European construction company, bought International Hofortech Corporation and in April 1990 shortened the name to IHC Services. From 1992-97, subsidiaries of Torno Spa purchased shares in IHC Services, and by 1997 Torno SA Holdings, a subsidiary of Torno Spa, owned all stock in the company. In 2005, Alliance Investment Ltd. bought IHC Services, and owns the company today.

Business operations

One of the founders headed the company until 1989; in 1997, Ezio Testa was appointed CEO; he resigned in October 2006, and no replacement has been named. Over the years, IHC has had offices in Manhattan, Long Island, Milan, Houston, Northern California, Miami and Charlotte, North Carolina.

IHC Services has had many customers,...
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