Kiefer, Oklahoma-based Hammermills International LLC has announced that prior co-owner Marlin Bills now has 100 percent ownership of the company, having bought out his former partner Tim Csendom in late April 2017.
Bills says the firm, which was formed in 2010 after a merger between Osborn Engineering Inc. and Nevada Shredder Consulting, has “proved very successful for more than six years.”
According to a Hammermills International news release, Csendom is no longer involved with the company and holds no ownership position in it.
Bills, now the sole owner, says Hammermills International has a focused mission: “To provide current and future customers with the best possible support in the metal recycling industry.” He says the new ownership structure and consolidation has brought new energy, “which will be evident in our equipment, designs and customer dealings.”
With the change, adds Bills, “We have shed some overhead. Hammermills International will no longer offer direct installation services. However, we could, if requested, offer third-party services. We are ‘lean, but not mean’ as we continue to strive for better value and service to our customers.”
He says associated firms London-based Hammermills Ltd. and Alexander’s Machine of Fort Worth, Texas, “are also excited about the change.”
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