Belt Power LLC has acquired Dunham Rubber and Belting Corp. for an undisclosed amount, increasing Belt Power's footprint in the Midwest.
The acquisition of Greenwood, Ind.-based Dunham Rubber was finalized Dec. 29, according to Belt Power.
"Joining forces with the Dunham team brings together two great companies with rich traditions and strong cultures focused on taking care of our employees and delivering world class service to customers," said Belt Power CEO Don Heitmeier. "Our companies share similar business approaches with minimal customer overlap, enabling us to accelerate the expansion of our national growth strategy during a very exciting time in our industry."
Belt Power is a distributor and fabricator of belting and components for lightweight conveyor systems, including conveyor belts, equipment, accessories, rubber hose and gasket products. Both companies work with both plastics and rubber in producing conveying systems.
The company has a significant presence in the Southeast U.S. after making acquisitions in that region over the past several years.