The acquisition allows Reel Power to provide a turn-key downstream package to customers and allows Novatec to divest certain products to focus on their conveying, drying and moisture equipment ...
Oklahoma City-based Reel Power Industrial Inc., a manufacturer of coiling, spooling and winding equipment, will acquire the downstream extrusion equipment product line from Baltimore-based Novatec Inc ...
Oklahoma City — Oklahoma City-based Reel Power Industrial (W7273), a manufacturer of flexible material handling equipment, will introduce a new automatic cut and transfer (ACT) system at NPE2024 for ...
OKLAHOMA CITY, Sept. 11, 2024 /PRNewswire/ -- Praesidian Capital, which made a strategic equity investment in Reel Power in November 2023, is pleased to announce that Reel Power has acquired Novatec ...