Metso Acquires Fabco in Winthrop, Maine
Nov. 2, 2011 - Metso said that it has acquired Fabco Inc. (Fabrication Company of Maine), located in Winthrop, Maine (USA).
Fabco has 20 employees and will be part of Metso's Paper and Fiber Technology segment – Filtration Services, effective November 1, 2011.
The value of the deal was not disclosed.
The acquisition of Fabco will complement Metso’s current services, technology and product offering to the pulp industry in North America, and is in line with Metso's strategy to increase the level of business in the services sector.
Fabco has been manufacturing and servicing filtration components for the pulp and paper industry for over 30 years. The filtration solutions are offered for different parts of the paper mill; woodyard, pulp mill, paper machine, and waste water treatment. Some of the key manufactured products are disc filter sectors, drum filter covers, belt press belts, sector covers, vibrating and polishing filter screens and recausticizing products.