When a young Dan Nguyen took the $800 he had in the bank and started R1 Concepts 12 years ago, he had no idea his company that manufactures and sells every component in an automotive brake system would grow as fast as it has. As a teenager, he worked for his father who owned a machine shop in Garden Grove, … Read More
HANNIBAL INDUSTRIES REVEALS TUBERACK COST SAVINGS
April 9, 2019 (Chicago) – Today, Hannibal Industries, one of the leading rack manufacturers, has revealed the cost savings associated with its patented TubeRack product. View the video illustrating the ways TubeRack provides cost savings with figures here: https://youtu.be/PMBt6Y7ivmk. TubeRack’s inventor, Andrew Kirby states, “In addition to safety, TubeRack offers cost savings in its design, reduced concrete slab requirements, smaller … Read More
HANNIBAL INDUSTRIES UNVEILS INAUGURAL ISSUE OF THE BUNDLE
April 8, 2019 (Chicago) – Today, Hannibal Industries introduces the first-ever issue of The Bundle, making its debut at ProMat Show in Chicago at Hannibal’s booth S1056. Created to provide industry insight and news, the print issue, produced by Hannibal Industries will be circulated twice a year and individuals can sign up for a monthly e-newsletter at the Hannibal booth … Read More
HANNIBAL SOUTH HITS RECORD AND DOUBLES PRODUCTION
November 20, 2018 (Houston) – Today, Hannibal Industries is proud to announce that it reached a substantial milestone and doubled its pallet rack production at the Hannibal South facility in October. The 100% year-to-date production increase was due to growing demand for Hannibal’s products in both the southern and western regions of the United States. “Despite the challenges our … Read More
HANNIBAL INDUSTRIES CELEBRATES A DECADE OF EMPLOYEE-OWNERSHIP
July 5, 2018 (Los Angeles, CA) – Over the weekend, Hannibal Industries’ employees from its Los Angeles headquarters celebrated its 10-year Employee Stock Ownership Plan (ESOP) anniversary with the team and family members at the El Dorado East Park in Long Beach. “Over the life of the ESOP, we’ve yielded a 30% return per year,” said Hannibal Industries’ President Blanton … Read More
