CPM Acquires Greenbank Technology

Source from:  tr.itsmyiq.com Sep 17, 2008 09/18/2008

CPM, an equipment provider for particle size reduction, pelleting and thermal processing, has acquired Greenbank Technology Ltd of Blackburn, England. The company expands CPM's thermal processing product offering into metal decoration, web, pulp and paper market segments. "Greenbank has emerged as the new drying leader for the two-piece can market. This leadership position, coupled with Greenbank's storied legacy in the paper, pulp and web industries, makes Greenbank an ideal addition to CPM's family of companies." said Ted Waitman, CPM president. "Greenbank and Wolverine Proctor will work together in areas of design, sales, service and production to deliver unprecedented value to our customers." Enditem