PRAB acquires Dallas-Based Triple/S Dynamics

PRAB’s global headquarters is based in Kalamazoo, MI and is also parent company to Hapman, whose equipment is used by world-wide corporations in the handling of powders and bulk solids. Triple/S is recognized as a leading manufacturer of horizontal motion conveying systems, screening and separation equipment, and distribution systems for the entire processing industry, including bulk handling, waste and recycling applications. Their horizontal motion conveyors are notable for efficiently moving scrap over extended lengths with no carry-over. Known as the Slipstick, this unique technology also dramatically reduces maintenance costs and increases production efficiency.In making the announcement, Ned Thompson, PRAB president and CEO, said that the Triple/S and PRAB product lines complement one another and will enhance their position in the marketplace. “It’s a win - win and we are extremely excited to have strengthened each other’s capabilities,” said Thompson. Thompson added “the companies are also an excellent fit based on shared corporate values and unrelenting commitment to innovation and product performance.”Triple/S and PRAB are similar in that their conveying and processing products are completely custom-engineered, and manufactured, offering solutions specific to every customer’s unique needs. Both PRAB and Triple/S have long established histories and customer loyalty with a combined total of 180 years experience in the business. According to Thompson, Triple/S current president and CEO, Jeff Sullivan, will continue in his leadership role and all Triple/S product lines will be represented by their on-going network of independent sales offices.In addressing the mutually beneficial ownership shift, Sullivan emphasized that “Triple/S will operate as we have, very successfully and as an industry leader for over 120 years. We are well matched because both companies have the same mission: partnering with our customers to meet their unique challenges and deliver solutions through engineering excellence, quality manufacturing, and high performance products.”Both companies share similar markets, including automotive, aerospace, recycling, and waste water treatment, to name a few. www.prab.com www.sssdynamics.com