|
|
About HMI |
HM International, LLC (HMI) is a partnership representing the joint interests of the Hojel and Meinig families. The partnership was initiated in 1979 with the objective of acquiring undervalued assets and creating value through strong, decentralized management and long term investment focus. The first of these acquisitions was PGI International which has grown over the last eighteen years from $3 million to over $30 million in sales. In 1983, HMI acquired ElectroCom Automation from E-Systems. ECA designed, manufactured and installed automated letter and parcel sorting systems based on optical character recognition technology licensed from Daimler Benz. ECA grew from $25 million in sales to over $450 million. In 1992, the company was taken public and listed on the NYSE. Today, ECA is owned by Siemens. As majority owners of the businesses listed on the Company Portfolio web page, HMI is the management arm for the partnership. In total the businesses generate more than $700 million in sales and employ 3,200 people in Texas, Oklahoma, Illinois, Pennsylvania, Missouri, New Mexico, California and Colorado.
|