Schaefer Ventilation Acquires Assets of Americ Corporation

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Schaefer Ventilation Equipment of Sauk Rapids, MN, announced the acquisition of the assets of the industrial fan business of Americ Corporation, Elk Grove Village, Illinois, effective April 4, 2012. Schaefer Ventilation designs, manufactures and markets fans and other ventilation equipment to agricultural, industrial, commercial and rental customers in the U.S. and abroad. Americ Corporation has been manufacturing and marketing a leading line of confined space ventilation fans and accessories to industrial and equipment rental markets in the U.S. and abroad for more than two decades.

Schaefer has acquired the Americ brand, product designs, customer lists and other assets and will merge the Americ fan business with its own ventilation business, including moving fan assembly to Schaefer's Sauk Rapids, MN, assembly facility this summer.

Said Neil Crocker, President of Schaefer Ventilation, "Americ fans are known the world over for quality and reliability. We are very pleased to add this made-in-America product line to the existing Schaefer product line. The Americ fan line allows us to serve markets that have previously been beyond our reach and to accelerate Schaefer's international expansion."

Takashi Dohi, President of Americ Corporation stated, "We are pleased to have found a good owner for our fan business and a good partner for our existing representatives, dealers and customers. With the sale of the Americ fan business, Americ Corporation will now be known as Americ Machinery Corporation, and will be more highly focused on our core used construction equipment business."