Entek acquires supplier Adaptive Engineering & Manufacturing
Extruder maker Entek Manufacturing Inc. has acquired one of its material handling system suppliers, Placentia, Calif.-based Adaptive Engineering & Fabrication Inc., which specializes in difficult-to-handle and transport materials.
Entek and AEF, based in Lebanon, Oregon, have partnered on projects as a customer and supplier for many years, making combining the companies a natural next step in providing a more streamlined platform for the transformers.
Terms of the agreement were not disclosed.
The two companies have each experienced significant growth in recent years, according to Kim Medford, president of Entek Manufacturing.
“Together, we can leverage our teams to better serve our customers. We will be even better positioned to share resources and deploy systems that will make building a plant or purchasing equipment solutions from the combined teams of Entek AEF an even better experience,” Medford said in A press release.
All AEF employees will remain with the company at its current location. Rick Buschini and Chuck Nadolski will continue to lead material handling equipment sales, development and installation with support from Entek’s engineering and project management teams.
Buschini, vice president of material handling sales, expects the combined company to be able to grow sales in North America and beyond.
“The combination with Entek’s international footprint and knowledge provides us with a platform to better serve our current and future customers, both domestically and internationally,” Buschini said in the release.
Entek recently opened a manufacturing facility in Henderson, Nevada to build both extrusion and material handling equipment to support the growth of the combined companies. The company has invested $10 million and created 50 jobs at the site.
Entek offers turnkey production extrusion systems, twin screw extruders and components. The company focused on extrusion technology for natural fiber-plastic composites, granulation, custom compounding, specialty sheet lines, food and medical applications, and plastics recycling.
Continued investment in consumer goods made from recycled plastics, such as composite decking, is driving demand for Entek products, Medford said.
AEF specializes in storage and mixing systems in addition to pneumatic conveying systems for the plastics, grain, chemical, pet food, flour milling, baking, food, brewing and mineral processing.