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NBE Completes Acquisition of General Processing Systems Inc.

May 24, 2012

National Bulk Equipment Inc. (NBE) announced it has completed the acquisition of General Processing Systems Inc., makers of ProductSaver packaged material reclamation systems.

The acquisition of General Processing Systems Inc., located just west of Chicago, brings to NBE three new product lines that will each serve as complimentary product offerings to the full line of NBE bulk material handling systems.

“The ProductSaver product lines provide two primary advantages for processing and packaging operations,” said Todd Reed, president of NBE. “ProductSaver systems reduce process material loss levels, beyond what even inline systems can do. And, ProductSaver systems are recognized for making significant contributions to sustainability scoring initiatives.

“ProductSaver packaged material reclamation enables processing and packaging operations to recover not only packaging material but also the contents from packages that may be off-spec, mislabeled, or for other reasons, unsalable,” Reed added.

“We are very pleased with the way the NBE existing customer base has quickly recognized the total process contribution ProductSaver systems can make to their operation,” stated Dave Denhof, general manager/EVP of NBE. “Jeff Swiatlo, former president of General Processing Systems, is now directing the sales activity for the ProductSaver line, and his extensive applications knowledge and market experience have already identified many new customer and market opportunities for NBE. NBE will continue to move forward with a very tactical acquisitions strategy. ProductSaver is a great addition to the capabilities and resources of NBE.”

For more information on ProductSaver, visit www.nbe-inc.com/productsaver. For more information on National Bulk Equipment Inc., visit www.nbe-inc.com.

National Bulk Equipment Inc.