Phoenix Systems Corp., a Tustin, CA, USA, supplier of high-volume conveying systems for plastic pellets and powders, has been acquired by IPEG Industrial Group, Cranberry Township, PA, USA, parent company of Conair and other brands serving the global plastics-processing, waste-recycling, and industrial heat-transfer markets. Financial terms of the deal, which closed on December 21, 2020, were not disclosed.|
For more than 20 years, Conair, a global manufacturer of auxiliary equipment for plastics processing, has been collaborating on specialized powder conveying and railcar unloading equipment and technology with Phoenix. The company and its products will now become part of Conair, which already has an extensive family of material-handling equipment.
IPEG Industrial Group, Cranberry Township, PA, USA