Jun 15, 2016 / Written by Woody Myers
RACO Industries Acquires ToolWorx

RACO Industries has acquired ToolWorx Information Products in their ongoing effort to offer customers additional customized automated data collection software and services with deeper capabilities and reach. The long-term partnership between RACO and ToolWorx has evolved and their unified team is better equipped to handle the constant challenges of big data faced by common businesses every day.

RACO Industries has been operating in the automated data collection software and services space for over 10 years beginning with the launch of RACO Wireless in 2006. This acquisition aligns well and is additive to RACO’s current solution offerings and long term vision of building out additional SaaS (software as a service) and PaaS (platform as a service) solutions providing customers with greater ROI opportunities and creating operational efficiencies. RACO offers a broad array of automated data collection software such as LBIT (Location Based Inventory Tracking), MIM (Mobile Inventory Management) and Asset Tracking that are all designed for seamless integration and simplified implementation.

“For almost a decade, ToolWorx has been a trusted and valued partner delivering end-user solutions quickly for our customers interested in automated data collection applications for lot/part traceability and error proofing,” says Rob Adams, CEO of RACO Industries. “This is a natural progression of that relationship to ensure they have the support they need to continue to provide that quality”

“Our mission is, and has always been, to provide our customers with customized automated data collection solutions that are affordable, easy to use and expandable,” says Brad Oyster, ToolWorx President. “This union will allow our team to focus on applications that help our customers create lean and more efficient organizations.”

RACO Industries, LLC is an industry-leading integrator of mobile data collection solutions, ID card printing systems, mobile content deployment, wireless data and professional services. RACO’s business solutions encompass most barcoding, card, and GPS application to enhance productivity and services of the mobile workforce. RACO Industries provides clients with real-time visibility to their mobile information at the point of service. Our customer base of logistics, transportation, manufacturing and service organizations rely on RACO to improve efficiencies and reduce costs.

ToolWorx Information Products, Inc. is a developer of automated data collection applications, specializing in lot/part traceability and label error proofing. Their suite of products assists companies minimize the scope of a product recall or product defect investigation as well as ensuring that all products and packaging are labeled correctly. ToolWorx offers integrated software and hardware systems for managing inventory and conducting inspections, both inside and outside the facility, using bar codes and/or radio frequency identification (RFID) tags.