Viking Engineering has been a major supplier of pallet nailing machinery since the 1970s. On December 14th, Viking Engineering and Development sold to Spell Capital, a private equity group based in the Twin Cities of Minneapolis and St. Paul. Today’s management team, under the leadership of current president Kurt Larsen, will remain in place. Viking will continue to focus on product innovation, customer service and providing the best ROI for its customers, said Larsen. Viking has held a strong leadership role in the pallet sector since its inception and will continue to do so under new ownership.
In an official statement, Viking said, “New products, the Richmond Show and the Interpal Conference will make 2018 an exciting year for us and the pallet industry. We are dedicated to helping our customers take their businesses to the Next Level.”
Viking Engineering and Development started as a pallet manufacturing company, Viking Pallet, in Minnesota. It has served as a training ground to test improvements and developments in Viking’s nailing systems. Viking is known as a world leader in pallet nailing systems, particularly for manufacturing stringer pallets.
According to Viking, the new ownership group is committed to making the company even more successful and keeping jobs in the Twin Cities area. For more information on Viking or its products, visit www.vikingeng.com.
