KMC GLOBAL ACQUIRES CDM SYSTEMS, INC.

Kalamazoo, MI – KMC Global, the parent company of PRAB, Inc., announced the acquisition of CDM Systems, Inc., headquartered in Elk River, Minnesota. CDM Systems is a premier manufacturer of custom en-masse conveyors and marine leg ship unloaders. CDM Systems is recognized for heavy duty, large volume en-masse conveyors that operate in extreme conditions without fail. The conveyors are made of an abrasive resistant steel frame and a high alloy, drop-forged, hardened chain assembly. The CDM conveyors are engineered and built for service in mining, potash, cement, co-generation boiler feed, and other heavy industrial applications.

KMC Global is the parent company to a group of industrial manufacturing companies that conduct business worldwide. Each company within the group operates under its own brand and maintains its own structure, while benefiting from shared resources and technology advances of the group. In addition to PRAB, the other companies under the KMC Global umbrella include: Hapman, a manufacturer of conveyors and material handling equipment most recognized for inventing the tubular drag conveyor, and for the Helix® flexible screw conveyor; Triple S Dynamics, widely revered in processing industries for the invention of the SlipStick® horizontal motion conveyor, and the Texas Shaker® precision screener for dry granular materials; STC DipSpin, the most experienced custom manufacturer of parts coating equipment in the industry; and OVIBRA, a leading European manufacturer of industrial-grade screeners, and vibratory conveyors.

Ned Thompson, President of KMC Global explains, “The acquisition of CDM was completed out of respect for the brand, the quality manufacturing, and the dedicated people. We welcome CDM to our group of companies and look forward to their continued growth and success.”

The addition of CDM to the KMC Global group complements the conveyors manufactured by the other companies. Mike Hill, Vice President of Sales & Marketing for PRAB notes; “Like PRAB, the CDM name is well known in the industry for highly engineered and durable conveying equipment. These systems have to handle some of the most rugged and abrasive materials under extreme operating conditions, and do so without fail. We are privileged to have CDM as part of our group.”