MARIETTA, Ga.—After establishing a bolt-on presence in the Southeast U.S. and organic growth in the Midwest over the past several years, Belt Power L.L.C. has acquired Greenwood, Ind.-based Dunham Rubber and Belting Corp. for an undisclosed amount.
The acquisition of the 65-employee Dunham Rubber was finalized Dec. 29, according to Belt Power.
"We are excited about the next chapter of our rich legacy, providing our team with expanded opportunities and the ability to increase our capabilities to service our customers by joining forces with Belt Power," said Dunham Rubber President Gary Buchanan.
Dunham brings 40,000 square feet of manufacturing space in Greenwood, as well as 8,000 square feet in Shelbyville, Ind., and 12,000 square feet in Fort Wayne, Ind., into the fold for Belt Power.
Belt Power now has 18 facilities in the U.S.