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February 5, 2024
1 Min Read
Carrier Process Equipment Group has acquired Kinergy Corp.Image courtesy of Carrier Process Equipment Group Inc.
Carrier Process Equipment Group Inc. (CPEG) has completed the acquisition of Kinergy Corp., a Louisville, KY-based manufacturer of custom-engineered vibrating equipment.
This acquisition adds complementary products to CPEG’s extensive bulk material handling and processing line.
“The acquisition of Kinergy Corporation strengthens our leadership position in the critical food, specialty chemicals, minerals, and recycling markets,” said Doug Schieber, president and CEO of CPEG. “This addition continues our growth strategy of expanding our product lines through a combination of acquisitions and new product development.
“This furthers our aim to supply greater value to our customers seeking a single-source provider for their process machinery needs. Customers can rely on our extensive engineering resources and integration capabilities.”
Founded in 1978, Kinergy Corp. provides vibrating equipment solutions including conveyors, feeders, bin activators, and screeners. These products are used in the food, chemical, foundry, mining, and recycling industries.
CPEG is a 100% employee-owned group of process machinery manufacturing businesses based in Louisville, KY. Its subsidiaries include Heyl Paterson Thermal Processing, Sly, S. Howes, Carrier Vibrating Equipment, Carrier Europe, and Carrier Shanghai. CPEG recently completed the addition of a world-class innovation center in Louisville, KY for the testing and development of complete bulk material processing solutions.
For more information, visit www.cpeg.com/contact-us.
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