Buhler Industries Acquires Assets of Feterl Manufacturing Corp.

WINNIPEG, MB, Feb. 11 /CNW/ - Buhler Industries Inc (TSX: BUI) has purchased the assets of Feterl Manufacturing Corp. of Salem, SD. The acquisition enables Buhler Industries to expand the line of Farm King grain handling equipment and increase auger manufacturing capacity.

The purchase includes land, buildings, equipment, tooling, inventory, patents and trademarks. The 145,000 square foot facility manufactures grain handling equipment including conventional (top drive) augers, swing-away (swing drive) augers, drive-over hoppers and grain cleaners.

The acquisition is supported by a low interest loan provided by the South Dakota Economic Development Corporation.

Buhler Industries Inc. (TSX: BUI) designs, manufactures and distributes agricultural equipment. The products are marketed under the brand names Versatile(R) and Farm King. Buhler Industries Inc. operates seven modern manufacturing facilities and nine distribution centers totaling over 1.6 million square feet in the United States and Canada and employs more than 800 people. For more information visit www.buhlerindustries.com.

SOURCE Buhler Industries Inc.

For further information: For further information: Adam Reid, Marketing Manager, Phone: (204) 661-8711, E-mail: areid@buhler.com


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