Jan. 18, 2006,WATERLOO, Iowa—CPM, the world’s leading equipment provider for particle size reduction and pellet agglomeration, announces the acquisition of Century Extrusion, from Century, Inc. of Traverse City, Mich. The acquisition adds Century Extrusion’s industry leading extrusion equipment and parts to the CPM product line.
“This expansion of our product line will help our process equipment customers maximize their profitability,” said Ted Waitman, CPM president. “We are committed to helping our customers achieve the lowest possible operating costs through the equipment, parts and services we offer.”
Based in Traverse City, Mich., Century Extrusion is the North American leader in extrusion equipment and parts for the twin-screw extrusion industry – the mixing, compounding or reacting of polymeric materials.
“We plan to build upon Century’s excellent sales, service, distribution and engineering capabilities,” Waitman said. “Extrusion industry customers will benefit from the expertise of our Beta Raven automation and process control solutions team.”
“The sale gives Century the opportunity to redeploy assets to our core business of specialty metal products that serve the aircraft, energy, defense and exotic metal industries,” said William Janis, Century Inc. chairman.
CPM is the world’s leading manufacturer and designer of pelleting, particle size reduction, and automation systems for the animal feed milling and oilseed processing industries. It serves those industries under its California Pellet Mill, Roskamp Champion, and Beta Raven brands. CPM operates plants in the Americas, Europe and Asia.
For more information visit www.cpmroskamp.com or contact CPM at (800) 366-2563.