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MEI Online: General Minerals Engineering: Latest News: May 13th 2007


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:: Eriez® Announces the Acquisition of Canadian Process Technologies

Eriez®, world authority in advanced technology for magnetic, vibratory and separation applications, announced the acquisition of Vancouver, British Columbia-based Canadian Process Technologies (CPT). CPT‘s core business is design and supply of mineral processing equipment, specializing in column flotation systems. Other services include evaluation studies, metallurgical testing, flowsheet development and basic engineering.

The Vancouver and Brazilian offices will continue to operate under the current names of Canadian Process Technologies Inc. and CPT Brasil Ltda. “The acquisition of CPT will enable us to further extend our capabilities and product offerings to the mining and process industries. Additionally, it will help us serve our Canadian and South American customers more quickly and efficiently," said Mike Mankosa, Eriez’ Vice President of Operations. The company will immediately begin executing the planned integration of Eriez’ and CPT’s operations. “Everything is in place for a smooth, seamless transition."

Eriez’ acquisition of CPT comes on the heels of the company’s completion of a 32,000 square foot addition to its Erie, PA world headquarters. “2006 was a banner year for Eriez," said Tim Shuttleworth, President and CEO. “Acquiring CPT is the perfect way to begin another very exciting year for Eriez."




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