History
Speedrack has been building storage systems for over 70 years.
1954
Speedrack began pioneering modern storage systems in 1954, when it launched by developing vertical storage racks for manufacturers in Skokie, IL. It is a charter member of the Rack Manufacturers Institute (RMI), formed in 1958.
1961
In 1961, Speedrack introduced tubular X-braced panels in addition to the more traditional combination of horizontal and diagonal braces, which had been the company’s standard since its inception. This unique bracing style for roll-formed rack uprights resulted in any Speedrack rack system being easily recognizable by even a novice rack observer.
1962
Speedrack became a member of the Material Handling Industry and a Charter Member of the Rack Manufacturer’s Institute (RMI). We remain a prominent member of RMI and actively participate in both the RMI Engineering and Specification Advisory Committees.
1971
In 1971, Speedrack created the first totally tubular rack design, which provides greater strength per pound of steel and higher resistance to damage than conventional open shape sections. Tubular design increases safety, durability, and lowers the maintenance needs of the rack solution. Even today, few rack manufacturers offer this style due to its higher production costs and greater precision requirements compared to typical open shapes.
2001
In 2001 Speedrack acquired a 340,000 square foot building in Quincy, Michigan. Over the next two years they relocated all of the production equipment there in a fresh, state-of-the-art facility, introducing a new focus on Lean Six Sigma quality practices and standards.
2003
In 2003, Speedrack established its primary manufacturing facility in the heart of Quincy, MI. Today, Speedrack proudly employs nearly 300 dedicated professionals across our facilities.
2012
In 2012, Speedrack introduced Innovative “e-commerce focused” Hybrid Shelving and Light Duty Cantilever storage solutions.
2020
In 2020, a major expansion to the Quincy manufacturing facility broke ground, and was completed in early 2021.
2023
Speedrack built our new Walker facility. This houses our corporate headquarters and a state-of-the-art production facility. In the same year Speedrack became 100% employee-owned.
Speedrack is now a fully employee-owned company, with 100% of its stock being held by employee owners.
Speedrack is proudly built. Employee Owned. That makes all the difference.