# Precision Inc. acquires Chantland Co. south plant

Precision Inc. has acquired The Chantland Co.'s south plant in Humboldt, Iowa, which manufactures warehousing pulleys and rollers. The acquisition aims to expand Precision's footprint in baggage and warehousing markets.

- Type: Acquisition
- Announced: 2019-08-30
- Where: Humboldt, Iowa, United States
- Jobs: 130
- Status: completed
- Products: warehousing pulleys, rollers, conveyor components
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [PRECISION](https://endata.com/companies/7212.md) (acquirer)
- [The Chantland Co.](https://endata.com/companies/41876.md) (target)
- [PVS](https://endata.com/companies/41877.md) (partner)

## Sources

- [messengernews.net](https://www.messengernews.net/news/local-news/2019/09/we-want-to-grow-the-business/), 2019-09-04: "It's not our intent to shut down or move the business. We want to grow the business and expand the business."
- [humboldtnews.com](https://humboldtnews.com/articles/2019/09/05/chantland-company-sold-precision-inc), 2019-09-05: "Precision, Inc. is pleased to announce the acquisition of certain assets of The Chantland Pulley business in Humboldt effective Aug. 30."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.