PPI acquires conveyor components manufacturer

By |  August 1, 2023

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PPI (Precision Pulley & Idler) acquired Van Gorp Corp., a conveyor components manufacturer based in Pella, Iowa.

Like Van Gorp, PPI is headquartered in Pella.

“We operate and live in the same communities, making the combination of the two businesses a natural fit,” says 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.”

Founded in 1933, Van Gorp initially performed repairs for coal mines, gravel plants, rock quarries and area farmers. Van Gorp was officially incorporated in 1957, manufacturing portable conveyor systems. Emerson Electric Co. acquired Van Gorp in 1976 and divested the company in 2002. Joe Canfield most recently owned and managed Van Gorp.

“The opportunity and timing to bring these two companies together was right,” Canfield says. “The optimization of the facilities and resources will ensure the products and services our customers count on every day will only continue to improve. It is a great fit for both our customers and our employees.”

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Kevin Yanik

About the Author:

Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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