CPM

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CPM ACQUIRES CROWN IRON WORKS

August 16, 2007, WATERLOO, Iowa—CPM, the world’s leading supplier of process equipment and technology for the animal feed, oilseed, biofuels and human food processing industries, announces the acquisition of Crown Iron Works based in Minneapolis, Minn.

Crown Iron Works is the global leader in thermal, mechanical and chemical process equipment for the oilseed extraction, edible oil refining, oleochemical and biodiesel industries. CPM’s Roskamp Champion is the global leader in oilseed cracking, flaking, and meal processing equipment for the oilseed industry. A unique combination of product portfolios, engineering capabilities, application expertise and worldwide market coverage firmly establish CPM and Crown as the leading global process solution and equipment provider for a variety of industries.

“Crown and CPM have a long history of collaboration on customer projects to deliver the most efficient and productive systems in the oilseed industry,” said Cliff Anderson, Crown Iron Works president. “The marriage of these companies will be a great benefit to our customers and employees as we strive to continue our legacy of providing superior process solutions.”

Ted Waitman, CPM president, adds, “This is an exciting day for our combined organizations. We share uncommon passion to deliver the finest process solutions, equipment and services to our customers. The union of Crown and CPM creates the only single source equipment supplier for complete oilseed preparation and extraction processes. Together we will set a new standard for excellence.”

The transaction includes Europa Crown Limited based in Hull, England and majority joint venture interest in Crown Friendship Engineering Company based in Wuhan, China. Crown Iron Works will continue operations at its current locations.

CPM business units include California Pellet Mill, Roskamp Champion, Beta Raven, Century Extrusion, Wolverine Proctor and Crown Iron Works. CPM has more than 750 employees with production facilities in the Americas, Europe and Asia. For more information visit www.cpmroskamp.com or www.crowniron.com.

Other News

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Oct. 16, 2007 WATERLOO, Iowa—The National Committee for Employer Support of the Guard and Reserve (ESGR) has recognized CPM Roskamp Champion, and its president, Ted Waitman, as a Patriotic Employer. More...

Sept. 21, 2007, TRAVERSE CITY, Mich.—Century Extrusion has exceeded national safety standards to receive a Special Recognition award from the Society of Plastics Industry, Inc., for 2006. More...

August 16, 2007, WATERLOO, Iowa—CPM, the world’s leading supplier of process equipment and technology for the animal feed, oilseed, biofuels and human food processing industries, announces the acquisition of Crown Iron Works based in Minneapolis, Minn. More...

May 30, 2007, WATERLOO, Iowa—CPM, the world’s leading equipment provider for particle size reduction and pelleting, announces the acquisition of UK-based Wolverine Proctor & Schwartz LTD. of Glasgow, Scotland. The company will be combined with CPM’s US-based Wolverine Proctor, which was acquired in July of 2006. More...

July 17, 2006, WATERLOO, Iowa - CPM, the world's leading equipment provider for particle size reduction and pelleting, announces the acquisition of the assets of Wolverine Proctor & Schwartz LLC of Merrimac, Mass. The new company, to be called Wolverine Proctor, expands the CPM equipment and technology portfolio in baking, drying, cooling, roasting and toasting. The new products complement many CPM application areas such as extrusion. More...

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. More...

May 20, 2005, WATERLOO, Iowa—CPM has acquired the assets of Pellet Mill Outfitters, LLC (PMO) of Commerce City, Colorado. The acquisition adds PMO innovations to the CPM product line, and a former engineer and a former division manager return to the CPM staff. More...