Riverside Pump Manufacturing has acquired the Homelite pump product line from Deere and Company. Homelite, which began building pumps in 1928, became part of John Deere in 1995. Riverside Pump, founded in 2002, purchased the tooling, intellectual property, work in process and production rights of the product line, and has set up manufacturing facilities in South Carolina. The pumps will be marketed under the brand “Riverside Pumps.” More than 100 dealers are in place and more are being added weekly, the company said.
Riverside Pump buys Homelite line from Deere
September 22, 2003