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Stock Purchases Fairfield

Chagrin Falls, Ohio March 5th, 2007:

Stock Equipment Company, a member of the Schenck Process Group, is pleased to announce that it has acquired the Fairfield Engineering Parts Company LLC of Marion, Ohio. With the purchase, Fairfield becomes a wholly owned subsidiary of Stock Equipment Company and will be called Stock Fairfield Corporation. 

Fairfield was founded in 1919 and has created material handling solutions for a large variety of industries worldwide. Industries such as power, steel, cement, waste water treatment and others have all turned to Fairfield to design and build some of their most challenging material handling systems. Fairfield products, including belt conveyors, bucket elevators, reclaimers and complete material handling systems are known for their rugged design and long life.

Robert Ciavarella, Executive Vice President of Stock Equipment remarked “Our ability to provide market leading systems, equipment and services has increased dramatically with the addition of Fairfield.” He went on to explain “The business fits our existing core markets in Power Generation and Process Industries perfectly.”

Stock Equipment Company and other members of the Schenck Process Group supply material handling, feeding, weighing, screening and automation solutions to numerous industries worldwide. With the addition of Stock Fairfield Corporation, Stock Equipment and the entire Schenck Process Group gain added ability to provide turnkey material handling solutions – from concept through commissioning.


Contact: Chris Klein
Marketing Manager 
Stock Equipment Company
16490 Chillicothe Rd,
Chagrin Falls, Ohio 44023 U.S.A.
Phone: 440-543-6000 x.434
Email:
chris.klein@stockequipment.com


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