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Precision acquires Meyer Industries

Published 13 June 2017

Precision has acquired Meyer Industries, a manufacturer of conveyor systems and equipment for the food processing industry.

Meyer has earned a reputation for the ability to provide customized solutions to its customers including high quality vibratory and bucket elevator systems as well as hopper-feeders and bulk box filling. Meyer also provides food processing equipment including mix-blend systems, hydrostatic steam blanchers, hydrochillers and washers.

Roger A. Brown, President / CEO of Precision noted, “The acquisition of Meyer adds additional products and markets to our food industry sales and will complement our product offerings from our Kofab operation. With the addition of Meyer, we now have two prominent brand names in the industry and have a tremendous base to grow this segment of our business.”

Along with this acquisition, Precision has established a Food Division. As of June 1, Greg Stravers has been promoted to Senior Vice President of the Food Division and will lead this group. Mr. Stravers will be responsible for the operations of all companies within the Division and will report directly to Mr. Brown.

“I am really excited about the opportunity to lead this new division within a company that I have been proud to be a part of for the past 16 years. With this acquisition, Precision is poised to grow significantly and be a major manufacturing presence in the food processing industry” said Mr. Stravers.

Source: Company Press Release