Major acquisition announced for local pump industry

By Alison Henderson - News Graphic Staff

March 7, 2017

 Wilo USA President Tim Ruppert speaks to employees of Weil Pump and Scot Pump during a meeting at the Cedarburg Cultural Center Monday. Behind him are Weil Pump VP and GM Jeff Plaster, left, and Dave Wilkerson, VP and GM of Scot Pump and Karak Machine Corp.
Photo by Mark Justesen

CEDARBURG — Cedarburg pump manufacturers Weil Pump, Scot Pump and Karak Machine Corp. were acquired by Wilo USA, a division of German-based Wilo.

Wilo is a $1.5 billion turnover pump company headquartered in Dortmund, Germany, with operations in more than 50 countries.

The acquisition was celebrated during a luncheon and presentation Monday at the Cedarburg Cultural Center.

“This is a historic day for all of us,” said Jeff Plaster, Weil Pump vice president and general manager.

For Wilo, the acquisition means a stronger presence in America and a step toward the company’s goal of growing beyond 2 billion euros ($2.12 billion). For the local pump industry, it means joining a global company with a culture of “integrity and of respect,” according to Plaster, but also operating under an umbrella company that is willing to invest in its acquisitions.

 During a presentation with their current and new bosses, employees of Weil Pump, Scot Pump and Karak Machine Corp. learned they would receive a 3-percent raise.
Photo by Mark Justesen

“For Weil customers, this means additional growth and improved service opportunities in the future by utilizing the global resources of Wilo – both in the U.S. and around the world,” according to a press release from Weil.

“Wilo’s global, international scope will help us as we want to grow in the future,” Scot Pump and Karak General Manager Dave Wilkerson said.

For employees, this means increased benefits. During the presentation, Wilo USA President Tim Ruppert announced new employee benefits that include enhanced health plan options and a 3-percent pay increase, effective immediately.

“The city of Cedarburg welcomes Wilo USA to the business community, and looks forward to supporting the joined forces of Wilo USA, Weil Pump, Scot Pump and Karak Machine Corp.,” Cedarburg Economic Coordinator Mary Sheffield said. “This is an exciting opportunity for the pump businesses that Russell Bratt owned and operated for many years in Cedarburg.”

Wilo USA has operations in Thomasville, Ga., and a corporate office in Rosemont, Ill. Wilo officials said the acquisitions demonstrate the company’s global, yet local, approach.

“By bringing these brands together here, we’re able to make American-made products for America,” said Gary Mannus, Wilo president Region Americas.

Mayor Kip Kinzel – who noted he is a former employee of Scot Pump – attended the luncheon and welcomed the reinforcement to Cedarburg industry.

“I was really excited to hear the news. We need to keep that industrial base,” Kinzel said. “I have always been a huge proponent of economic development.”

Email: ahenderson@conleynet.com