RAS Acquisition

Precision Pulley and Idler Announces Acquisition
of R.A.S. Industries Ltd.

Precision Pulley and Idler (PPI) is pleased to announce the acquisition of R.A.S. Industries Ltd. (RAS) of Surrey, British Columbia, Canada as of August 31, 2015. RAS is one of the leading manufacturers of engineered conveyor pulleys.

RAS has earned a reputation for building some of the largest conveyor pulleys for use in the most demanding applications around the world. Their focused expertise and relationships in the mining industry will certainly be an asset for future growth for both companies.

Roger A. Brown, President / CEO of PPI noted, “The acquisition of RAS will enhance our product offering for the global market while allowing us to increase our range and reach of services and technical assistance to customers.”

The integration process of our companies will occur over the next few months. It is our goal to continue to provide the highest level of service to our customers and look forward to a long and mutually beneficial relationship with our customers.

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