February 2024
Innovance, a 100% employee-owned holding company specializing in manufacturing and industrial technologies, has acquired Jorgensen Conveyor and Filtration Solutions. Jorgensen has been a prominent supplier of conveyors, coolant filtration systems, material handling equipment, and chip processing equipment to the machine tool, metal working, and other sectors for over 73 years. Jorgensen joins Innovance, a family of enterprises focused on industrial manufacturing skills and production issues.
The Innovance firm roster already comprises four enterprises with approximately 170 years of combined creativity and technical development. ALMCO produces industrial finishing and washing systems. Lou-Rich is a highly integrated contract manufacturer that specializes in difficult projects and offers precision machining, metal fabrication, assembly, and sourcing services. Mass Finishing Inc (MFI) manufactures high-energy centrifugal barrel polishing and deburring equipment. Panels Plus develops and produces panelizing equipment for off-site, modular, and prefabricated construction applications.
Merritt Becker, CEO of Innovance, emphasized the philosophical and business linkages across the holding company's family of companies, which now includes Jorgensen. "Like ALMCO, MFI and Panels Plus, Jorgensen is an innovative industrial machine manufacturer," he told me. "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."
In 1950, Charles and Evelyn Jorgensen started Jorgensen Conveyor to design, construct, and install conveyors for use in large equipment and automobile manufacturing plants. Innovations in belt design, chip handling, and filtering drove the firm through three generations of Jorgensen family ownership in Mequon, Wisconsin. The new partnership with Innovance allows the Jorgensen team to become owners of the company they helped create.
Jorgensen President and COO Karl Kleppek complimented the Jorgensen family's innovation and vision, "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 stated in a press release."
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May 2023 ANDRITZ received order from the Swedish pulp and paper company BillerudKorsnäs to supply a LimeDry lime mud filter for the re-causticizing plant at its Frövi/Rockhammar pulp mill in Rebro, Sweden.
March 2021 BHS-Sonthofen delivered to the United States a system consisting of two indexing belt filters for use in the production of intermediates for a highly tear-resistant plastic.
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