Superior Industries, Inc. to Purchase Clemro Western Ltd.
Superior Industries, Inc., a major American manufacturer and global supplier of bulk material handling systems, says it has entered into an agreement to acquire Clemro Western Ltd. The 30-year-old Calgary, Alberta-based company is a leading manufacturer and supplier of crushing and screening equipment in western Canada. The company also supplies to clients in the United States and throughout Latin America.
The pending acquisition will allow Superior to increase its bulk handling product portfolio for its customers in aggregate and mining production.
Founded in 1981 by Ralph Fasoli, Clemro Western is best known for manufacturing a line of cone and jaw crushers, horizontal and incline screens and a collection of belt feeders. In 2008, Mr. Fasoli was recognized for his leadership when Ernst & Young named him a finalist for their Entrepreneur of the Year award. Later, Mr. Fasoli passed day to day operations of the company's two plants to his son, Emmanuel, who continues in that role today.