Gichner buys Charleston Marine Containers
A North Charleston company that makes steel shipping containers for the military has been sold.
Gichner Systems Group Inc. of Dallastown, Pa., said Monday that it acquired Charleston Marine Containers Inc.
Terms were not disclosed.
Gichner said the newly acquired operations will remain based on the former Navy base and operate as Charleston Marine Container.
"The acquisition of CMCI is a key element of Gichner's growth plan," said Thomas E. Mills IV, Gichner's president and chief executive officer. "The employees and operations in Charleston are impressive."
Gichner is a supplier of military shelters to the U.S. armed forces.
Charleston Marine Containers was part of the bankruptcy reorganization of its former Bermuda-based parent, Sea Containers Ltd.
Sea Containers said in a filing with the Securities and Exchange Commission this past summer that it was marketing the subsidiary to several prospective buyers. It noted in that filing that the 142-worker manufacturing business "continues to operate profitably."
Formed in 1996, Charleston Marine Containers was the first business to sign a long-term lease on the former Navy base after the Pentagon mothballed the installation.
See Tuesday's editions of The Post and Courier for more details.
E-mail this story 
Printer-friendly version
Notice about comments:
The Post and Courier is pleased to offer readers the ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. The Post and Courier does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not postandcourier.com. If you find a comment that is objectionable, please click "suggest removal" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our Web site.
Full terms and conditions can be read here.
Comments
This article has 0 comment(s)
