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Preiser Scientific and Towne Machine Acquire Holmes Bros

Monday, October 29th, 2007

Holmes Bros. Technologies, LLC, a partnership of Preiser Scientific, Inc. and Towne Machine Tool Co., has acquired the Holmes Bros., Inc. Sampling Products Division consisting of laboratory coal crushers, pulverizers, riffles and related products for use in coal testing.
Holmes Bros., Inc. was founded in 1872 in Danville, IL and continuously maintained its manufacturing center there. Its Sampling Products Division has served the coal testing industry with innovative quality products throughout the years and became a recognized provider of such equipment throughout the world. Holmes Bros., Inc. also separately maintained an extensive high tech metal forming and job shop center, which it recently sold to Alstom Power Co.
Preiser Scientific of St. Albans, WV, a manufacturer and distributor of specialty coal testing and laboratory equipment and a marketer of Holmes products for over 50 years, will perform the marketing and sales activities for the Holmes product line. Towne Machine and Tool, with its experience in custom machinery fabrication will manufacture the coal sampling products at its Danville, IL facility.
“Preiser has long been known for its ability to research, source and communicate in service to our customers, this structure will allow us to redouble our efforts for the Holmes product line”. said Alvin Preiser. Scott Towne commented that “substantial investments will be made in production and operational improvements to improve quality and introduce new products”. Additionally, industry trade show participation, Holmes web site presentation, and online communication will be expanded.
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