Cascade Corp. Acquires Attachment Manufacturer

Cascade Corp., Portland, Ore., has announced that acquisition of PSM Corp., a manufacturer of construction attachments based in Woodinville, Wash.

Terms of the transaction were not disclosed.

PSM specializes in designing and marketing attachments and tools used on medium and heavy duty construction vehicles used in the infrastructure, demolition, recycling and general contracting markets. PSM currently employs about 120 people, and its products are sold through construction dealers and major equipment manufacturers throughout the Western United States. Cascade is a manufacturer of materials handling attachments and tools for lift trucks with sales of approximately $450 million and facilities in North America, Europe and Asia.