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PRESS
RELEASE
Ideal
Manufacturing & Sales Corp. Acquires Assets of Neupak, Inc.
Madison, WI - Steve Bethke, President &
CEO of Ideal Mfg. & Sales Corp. wishes to announce that a
wholly-owned subsidiary of the company, Crystal City, LLC, has
acquired the assets of Neupak, Inc. from the American Bank of St.
Paul, MN on December 30, 2004.
Neupak, Inc. of St. Paul, MN had used the
acquired assets to supply liquid filling equipment, case packers,
container denesting equipment, robotic palletizers and conveyor
systems to the food processing, paint and coatings, chemical,
biomedical, pharmaceutical, household products, personal care, and
petroleum industries.
Ideal will continue to manufacture and
sell products formerly offered by Neupak, Inc. as Neupak Division.
Through the subsidiary, Ideal is now the legal owner of all Neupak
drawings, manuals and engineering project files, uniquely
positioning Ideal to provide parts and service to all customers with
Neupak machines. This acquisition includes the “Flush-Fill” Filling
System, (U.S. Patent #5,505,233, #5,823,406), along with Ideal’s
“Connection Free” Fill Cart, (U.S. Patent #6,595,250), positioning
Ideal as the exclusive provider of either filling systems.
Ideal has been in business since 1949 and
offers a complete line of packaging machinery that provides the
latest in technology, convenience, and efficiency for the liquid
filling and packaging industry. Ideal expanded in 1987 when the
company acquired Fricke Industries, manufacturers of filling
equipment. Increased sales and production allowed Ideal to design
and build its brand new state of the art facility in 2001, which is
located at 4607 Dovetail Drive in Madison, WI. In January of 2004,
Ideal continued to expand when it acquired Machine Works, Inc., a
manufacturer of web converting equipment. Ideal features a state of
the art machine shop and assembly facility, plus engineering and
administrative offices which allow them to maintain the high level
of quality that goes in every step they take to design and build
their products. Quick shipment of replacement parts and components
is another benefit that Ideal’s customers receive from all of these
operations being under one roof. Technicians and engineers are
available by telephone to answer all types of service related
questions.
Neupak Division will now be located at
4607 Dovetail Drive, Madison, WI 53704, and may be contacted by
calling 800-383-1128 or 608-241-1118. They may also be reached by
fax at 608-241-4448. Visit us at
www.neupak.com or email at
info@neupak.com.
Contact: Alan M. Winter, Sales & Marketing Manager, Ext.
109
Ideal Manufacturing & Sales Corporation
Machine Works Division
Neupak Division |
