National Bulk Equipment, Inc. Completes the Acquisition of General Processing Systems, Inc., the Makers of ProductSaver® Packaged Material Reclamation Systems


HOLLAND, Michigan - National Bulk Equipment, Inc. (NBE). National Bulk Equipment, Inc., today announced that they have completed the acquisition of General Processing Systems, Inc., makers of ProductSaver® packaged material reclamation systems.

The acquisition of General Processing Systems, Inc., located just west of Chicago, IL, brings to NBE three new product lines that will each serve as complimentary product offerings to the full line of NBE bulk material handling systems. "ProductSaver packaged material reclamation enables processing and packaging operations to recover not only packaging material but also the dry or wet contents from packages that may be off-spec, mis-labeled, or for other reasons, unsalable," said Todd Reed, president of NBE. "The ProductSaver product lines provide two primary advantages for processing and packaging operations. ProductSaver systems reduce process material loss levels, beyond what even inline systems can do. And, ProductSaver systems are recognized for making significant contributions to sustainability scoring initiatives," Todd added. "We are very please with the way the NBE existing customer base has quickly recognized the total process contribution ProductSaver systems can make to their operation," stated Dave Denhof, general manager/EVP of NBE. "Jeff Swiatlo, former president of General Processing Systems, is now directing the sales activity for the ProductSaver line, and his extensive applications knowledge and market experience have already identified many new customer and market opportunities for NBE. NBE will continue to move forward with a very tactical acquisitions strategy. ProductSaver is a great addition to the capabilities and resources of NBE," Dave said.

Visit: www.nbe-inc.com/productsaver for product-specific information and in-use videos.

National Bulk Equipment, Inc.

12838 Stainless Drive

Holland, MI 49424

P: 616.399.2220

W: nbe-inc.com

Media Contact:

Tim Wiersma

FGI

616.742.2476

timw@freemangroupinc.com

Corporate Contact:

Dave Denhof

National Bulk Equipment, Inc. (NBE)

616.399.2220

dave@nbe-inc.com

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