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Arpeco is acquired



Published July 20, 2005
Related Searches: Slitter rewinders
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Arpeco is acquired
by Precision Automation
Arpeco, of Mississauga, Canada, has been acquired by Precision Automation Co. Inc., a manufacturer and integrator of automation systems. Arpeco, a manufacturer of slitter rewinders, diecutting machinery and inspection equipment, is now a division of Precision.
“We believe that the acquisition builds on the momentum that Arpeco is experiencing following its recent restructure, and will enhance its capability to supply a full range of integrated finishing system solutions in the future,” says G. Frederick Rexon Jr., president of Precision Automation.
“The welcomed change is already producing positive results, strengthening our long standing commitment to provide quality machinery and customer service to the international package printing and converting industry,” says Brian Ivens, sales and marketing manager at Arpeco.
Ivens says Arpeco has several machine orders in production and a fully stocked spare part warehouse at its new manufacturing facility in Cherry Hill, NJ. Parts orders, technical support, and sales and marketing activities will be managed out of Mississauga.
Precision Automation, founded in 1946, provides factory automation systems, fabrication, machinery and controls for a wide range of applications and customer requirements.
The company is headquartered in Cherry Hill, and also has a plant in Clarksville, IN.



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