Crushing and screening equipment manufacturer McCloskey International, Keene, Ontario, has acquired Lippmann-Milwaukee Inc., a manufacturer of aggregate crushing equipment for processing applications in Cudahy, Wisconsin.
Lippmann was established in 1923 and produces high-quality crushing equipment, McCloskey says. Since its inception, Lippmann has become synonymous with highly productive and reliable heavy-duty jaw crushers. McCloskey’s complementary product offerings, including portable and mobile crushers, will allow market expansion for both companies, serving a broader base of customers worldwide.
McCloskey has a dealer global network that will add Lippmann products to its line. Both companies will be positioned for growth across customer bases, markets and geographies with the new entity, McCloskey says.
“Lippmann’s reputation for quality is legendary,” Paschal McCloskey, president and CEO of McCloskey, says. “We are excited at the opportunity to leverage the best practices of both companies while aligning the organization and operation for a customer driven model. Our success in the market has been built on quality products, along with dedicated employees. Looking at the similar values and culture between McCloskey and Lippmann, it’s an excellent fit.”
Headquarters for Lippmann will remain in Cudahy, Wisconsin, and McCloskey International will continue to be headquartered in Keene, Ontario.