Innovance Inc., a 100% employee-owned holding company focused on manufacturing and industrial technology, acquired Jorgensen Conveyor and Filtration Solutions. For more than 73 years, Jorgensen has provided conveyors, coolant filtration systems, material handling equipment, and chip processing equipment for the machine tool, metalworking, and other industries. As part of Innovance, Jorgensen joins a family of companies concentrated on industrial manufacturing capabilities and solutions to production challenges.
Founded in 2004, Innovance takes its name from its focus on innovation and performance. The company lineup includes four companies sharing nearly 170 years of innovation and technological refinement. ALMCO manufactures industrial finishing and washing systems. Lou-Rich is a contract manufacturer specializing in complex projects with precision machining, metal fabrication, assembly, and sourcing capabilities. Mass Finishing Inc. (MFI) creates high-energy centrifugal barrel polishing and deburring equipment. Panels Plus designs and manufactures panelizing equipment for the off-site, modular, and prefabricated building industries.
“Like ALMCO, MFI, and Panels Plus, Jorgensen is an innovative industrial machine manufacturer,” says Innovance CEO Merritt Becker. “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.”
Charles and Evelyn Jorgensen founded Jorgensen Conveyor in 1950 to design, manufacture, and install conveyors for manufacturing applications at major equipment and automotive production facilities. Innovations in belt design, chip handling, and filtration propelled the company throughout three generations of Jorgensen family ownership in Mequon, Wisconsin. The new alliance with Innovance enables the Jorgensen team to become owners of the business they’ve helped build.
Jorgensen President and COO Karl Kleppek praised the creativity and vision of the Jorgensen family, including outgoing CEO Chuck D’Amico, grandson of Charles and Evelyn Jorgensen. “Jorgensen’s long history in the material handling industry has consistently demonstrated a devotion to high-quality products, attentive customer service, and an inclusive, employee-centered workplace culture,” Kleppek notes. “Joining Innovance will uphold that commitment and build on the Jorgensen legacy.” https://innovance.com; https://www.jorgensenconveyors.com
Appointments
Sandvik Coromant appointed Veronica Messersmith president of the Americas. Since Messersmith joined the company in 1998, she’s held various roles in production, operations, and sales, most recently as VP of strategic relations for the Americas. https://www.sandvik.coromant.com
Stefano Molaschi is the new GM of Austrian automation specialist’s U.S. subsidiary, Bachmann Electronic Corp., in Andover, Massachusetts. He and his team will be responsible for the U.S., Canadian, Mexican, and Central American markets. https://www.bachmann.info/en
Airmo Inc. Pressure Technologies named Lucas Schmit as customer relationship engineer. Schmit brings nearly a decade of experience in manufacturing engineering to Airmo. https://www.airmo.com
Interconnect and automation solutions firm WAGO named Sy Stevens VP of Marketing and Digitalization for the Americas. Stevens previously held marketing management positions at Rockwell Automation and Case IH. https://www.wago.com/us
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