The acquisition will strengthen Weir’s market channels and manufacturing footprint in North America, including in the attractive phosphate market, a key mineral in fertilisers.
Founded in 1963, Townley provides mining wear and abrasion solutions with a product range including slurry pumps, dredge pumps, cast foundry products, valves, urethane parts, hoses and rubber linings. Townley’s operations, which include a foundry, and urethane and rubber products manufacturing, are based in Ocala, within the phosphate mining region of north central Florida. These operations also serve Townley’s extensive branch service network across the United States, as well as distributor partners in Canada and Central America.
Jon Stanton, chief executive of Weir said: “The acquisition of Townley will significantly enhance our geographic presence in North America, enabling us to serve customers in the region more effectively and sustainably. It enhances our domestic manufacturing platform and strengthens Weir’s position in the attractive market for phosphate, an important mineral in the fertilisers that are needed to support population growth.”
