Precision Pulley & Idler (PPI) announced its acquisition of Van Gorp Corp. this week. Both companies are based in Pella, Iowa, USA. A well-respected manufacturer of conveyor components, Van Gorp has been in business for more than 90 years.
“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.”
PPI is the industry leader in conveying components, with over a million square feet of manufacturing space and 25 global facilities.
“The opportunity and timing to bring these two companies together was right,” said Joe Canfield, president of Van Gorp. “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.”
PPI said that, as it works to determine the optimal combined setup, the businesses will continue to operate as normal.