SMT completed the acquisition of ROMCO Equipment.

SMT, a distributor and after-sales partner for the equipment and transport industry, completed the acquisition of ROMCO Equipment, a distributor of heavy equipment. Financial terms were not disclosed. "The end has come for involvement of the Mullins family in ROMCO, but it's a bright new beginning under SMT's ownership. The construction and mining industries have been in my life ever since I was a young boy tagging along with my father, ROMCO founder Robert O. Mullins. SMT will provide the leadership and resources needed to meet the industry's future. I will truly miss all the great employees and customers I have had the privilege to be associated with these 50 plus years," Robert Mullins, ROMCO Owner and CEO.