Entegra Attachments acquires Bloom Manufacturing in the USA
In July of this year, Entegra Attachments, LLC of Saint Charles, Illionois, USA, acquired Bloom Manufacturing, Inc, a 110 year old manufacturing company of standard and custom designed hydraulic winches, speed reducers, parts and accessories, located in Independence, Iowa.
Entegra Attachments has focused their investments on manufacturers who can offer highly unique products and service propositions across an array of industrial stationary and mobile attachment platforms.
Michael Flannery, Entegra’s CEO, commented “Bloom’s unique value proposition and 110 year legacy of high quality products, backed by substantial intimate knowledge and engineering expertise, is exactly the unique mix we were looking for. We believe Bloom’s significant service attributes along with a wide array of standard and custom designs tailored to customer’s unique needs and further enhanced by increased investment, offers strong potential for sustained growth.”
Bloom’s business incorporation has been slightly modified to Bloom Manufacturing, LLC. Mark Collett and the current President, indicated “The LLC designation is the only thing that will change, with respect to who Bloom Manufacturing is and what we stand for. I chose to sell to Entegra, due to their desire to maintain the same strong product and service mix that Bloom’s customers have relied on for many decades. With increased investment from our new owners, we will be able to expand this powerful one stop shop source for the highest quality hydraulic winches and speed reducers available in the market today.”
Josh Weig, Bloom’s current General Manager, commented that he and the entire Bloom team are very enthusiastic about the next exciting chapter in Bloom Manufacturing’s amazing story. J.S. Bloom began operations in 1910. Their first product was a wooden corn crusher system, which soon evolved into other agriculture material handling products, and eventually into an array of winch and speed reducer systems.