Superior complete CEMCO acquisition
Acquisition brings significant manufacturing capacity at the heart of the American Southwest
MINNESOTA-based Superior Industries Inc., manufacturers and global suppliers of bulk material processing and handling systems, have finalized their acquisition of New Mexico-based CEMCO Inc. As part of the sale, Superior have gained a 147,500ft2 manufacturing facility in Belen, in the heart of the American Southwest.
‘This acquisition comes at a time when we’re responding to dealers and increasing manufacturing capacity,’ said Jason Adams, president of Superior Industries. ‘The New Mexico facility will be the new home to all of Superior’s impact crushers, increase portable plant manufacturing by about 40%, and give us more room to strengthen stock of critical components.’
According to Superior, the CEMCO VSI name and design are set to remain, as the pioneering vertical-shaft impactor is widely used and very popular in the production of cubic-shaped aggregate. Going forward, the company will be rebranded as Superior Industries, but the CEMCO VSI name will live on as a trademark for Superior’s VSI crushers.
Superior say they also plan to double the number of employees in Belen as soon as possible.