Innovance, an employee-owned holding company focused on manufacturing and industrial technology, acquired Mequon, WI-based Jorgensen Conveyor and Filtration Solutions.
Jorgensen is a industrial machine manufacturer which provides conveyors, coolant filtration systems material handling equipment and chip processing equipment for several industries, including machine tool and metal working.
“This acquisition continues our strategy of building the Innovance portfolio with recognized industrial machine OEM companies and brands that complement our strong Lou-Rich contract manufacturing business,” Innovance CEO Merritt Becker said in a Feb. 28 news release.
The Innovance company lineup already includes four companies:
- ALMCO, a manufacturer of industrial finishing and washing systems.
- Lou-Rich, a contract manufacturer specializing in complex projects, with precision machining, metal fabrication, assembly and sourcing capabilities.
- Mass Finishing, a manufacturer of centrifugal barrel polishing and deburring equipment.
- Panels Plus, a manufacturer of panelizing equipment for the off-site, modular and prefabricated building industries.
Innovance will retain all 65 of Jorgensen’s employees.
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