Chantland Company sold to Precision, Inc.

The Chantland Company Pulley business in Humboldt announced its sale to Precision Inc., with headquarters in Pella. The sale was effective Aug. 30. Precision Inc. President and CEO Roger Brown said the purchase of the Chantland plant is with the anticipation of growing business in Humboldt. The company employs about 130 people. The sale does not impact the Chantland-MHS Company in Dakota City, which is still owned by PVS.

Precision, Inc. is pleased to announce the acquisition of certain assets of The Chantland Pulley business in Humboldt effective Aug. 30. Chantland Pulley is the newest member of the Precision Pulley & Idler (PPI) group within Precision, further positioning the organization as a world leader in the unit handling pulley market.
“While PPI already had a strong presence in unit handling, with this investment we are now positioned to be the leading manufacturer of unit handling conveyor components for parcel, baggage and warehousing,” said Brian Simpson, vice president of sales and marketing for PPI. “It allows us to provide a full slate of specialized options to an even larger customer base.”
Roger Brown, President and CEO of Precision, Inc., said he anticipates the business growing in Humboldt.
“They currently have a full first shift and a partial second shift. We’d like to grow the business to where there is a full second shift as well,” Brown said.
PPI is only purchasing the Chantland Company and the South Plant, which employs about 130 people. Chantland-MHS Company is still owned by PVS.
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