Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Brandt Group of Companies Acquires Bloomington-Normal, Illinois, Plant

12/05/2017
Canada-based The Brandt Group of Companies, a producer of agricultural projects, acquired the US manufacturing plant and equipment of Kongskilde Industries A/S, a 200,000 square foot state-of-the-art facility in Bloomington-Normal, Illinois.

According to company officials, the plant was previously employed in the manufacture of agricultural equipment for the American market.

"We are very excited at the prospect of saving this plant from closure," says Brandt President, Shaun Semple. "This is a world-class manufacturing facility and we are delighted to have the opportunity to make a tangible contribution to the growth of the American economy."

The facility is situated on 40 acres of land and is fully equipped with the latest tooling, including a modern powder-coat paint line. It will be used by Brandt to produce agricultural equipment for the American corn and soybean markets. Production is expected to start in the first quarter of 2018, with employment planned to hit 300 within five years.

Brandt has maintained a strong and growing presence on the Canadian manufacturing scene since 1932 and currently sells its products in over 20 countries around the world. This acquisition represents the company's first manufacturing venture in the United States. The deal with Kongskilde is expected to close December 15, 2017.

Article Discussion

Follow Area Development

Share