PPI acquires Van Gorp

Precision Pulley & Idler (PPI) said it has acquired Van Gorp Corp., based in Pella, Iowa. In business for more than 90 years, Van Gorp has become a “well-respected manufacturer of conveyor components.”

“PPI and Van Gorp have a shared history and are both headquartered in Pella, Iowa. We operate and live in the same communities, making the combination of the two businesses a natural fit,” said Matt Buckingham, president and CEO of PPI.

“While we have traditionally been competitors in some markets, we’ve each developed independent strengths and abilities. We believe these combined strengths and increased scale will enable us to further enhance our ability to provide unparalleled customer service.”

Joe Canfield, president of Van Gorp, added, “The opportunity and timing to bring these two companies together was right. The optimization of the facilities and resources will ensure the products and services our customers count on everyday will only continue to improve. It is a great fit for both our customers and our employees.”

As PPI works to determine the optimal combined setup, the businesses will continue to operate as normal.

Source: PPI

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