Precision Pulley & Idler Acquires Van Gorp Corporation
Jul 01, 2023
PPI has announced the acquisition of Van Gorp Corporation, a company based in Pella. Van Gorp has been in business for more than 90 years as a 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, commented, “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.”
The businesses will continue to operate as normal until a more detailed combined setup is developed.