Skip to main content

Strategic parking solutions partnership

Boomerang Systems, a leading designer and manufacturer of fully automated robotic parking and self-storage systems, has announced the formation of a strategic partnership with Stokes Industries, a veteran parking industry provider with over 25 years experience in mechanical parking solutions throughout the world. The two companies have formed a joint venture that will provide the North American market with a full line of mechanical parking products and services, including design, engineering, installation a
March 22, 2012 Read time: 2 mins
4172 Boomerang Systems, a leading designer and manufacturer of fully automated robotic parking and self-storage systems, has announced the formation of a strategic partnership with Stokes Industries, a veteran parking industry provider with over 25 years experience in mechanical parking solutions throughout the world. The two companies have formed a joint venture that will provide the North American market with a full line of mechanical parking products and services, including design, engineering, installation and maintenance.

Although mechanical parking systems such as stackers, lift-slide or puzzle park are not fully automated, they provide many of the same space saving benefits of fully automated robotic parking systems. By partnering with Stokes to provide mechanical parking systems, Boomerang says it can now provide developers, architects and parking operators with a full suite of parking density solutions.

The name of the newly formed partnership is Boomerang-Stokes Mechanical Parking, doing business as Boomerang MPS, with day to day operations managed by the JV's president, Peter Anderes. The company will operate out of Boomerang's New Jersey offices.

Related Content

  • October 31, 2014
    Joint venture delivers integrated parking payment
    Mobile payment solutions provider Parkmobile USA is to partner with SP Plus Corporation (SP+) in a joint venture that will combine two parking transaction engines to deliver on-demand and prepaid transaction processing for on- and off-street parking and transportation services. Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and
  • March 23, 2012
    SK Innovation and Continental team up on worldwide EV power
    SK Innovation and Continental Corporation have announced their intention to team up for powering electric vehicles worldwide. A joint venture is to be formed through which both companies want to develop, manufacture and market Lithium Ion battery systems for automotive applications. SK Innovation and Continental will have 51% and 49% of ownership respectively. The initial JV operations will be based in Germany and Korea; and the management team will be comprised of executives from both companies. The busine
  • July 26, 2012
    The growth of ITS service solutions providers
    Econolite's new subsidiary Aegis ITS has been set up to address the increasingly complex and exacting needs of agencies in the ITS sector. Chief Operating Officer Doug Terry talks about the evolution to service solution provider. A few very notable and honourable exceptions notwithstanding, it is these days becoming increasingly rare to find a public agency which develops its own traffic management systems. Indeed, most now rely on specialist manufacturers and suppliers to fulfil their needs. This has the h
  • March 11, 2021
    Arrive and Luum partner on commuter parking 
    Smart parking system is being used to reflect post-Covid commuting patterns