(ERIE, Pa. — Sept. 12, 2023 — Finish Thompson release) — Finish Thompson, Inc. announced the acquisition of Penguin Pumps, Inc., parent company of Filter Pump Industries.
Penguin Pumps is a 24-person company based in southern California. They manufacture corrosion-resistant pumps, mixers, filter systems and filter chambers primarily used in the surface finishing, chemical processing and chemical manufacturing industries.
“As family-owned businesses, Finish Thompson and Penguin Pumps share many of the same values, including a focus on employees, quality products, and customer satisfaction,” said Casey Bowes, CEO of Finish Thompson. “With this purchase, we are able to maintain these values across both companies while also opening up new areas of growth for Finish Thompson’s own pump products.”
The purchase of Penguin Pumps will give Finish Thompson a full offering of filtration systems, supported by Finish Thompson’s quality range of mag-drive centrifugal pumps. Additionally, Penguin Pump’s vertical plastic pumps and tank and drum mixers perfectly complement Finish Thompson’s line of horizontal centrifugal pumps, air-operated double diaphragm pumps (FTI Air), and drum pumps.
“With this acquisition, Finish Thompson now offers one of the most comprehensive lines of corrosion-resistant pump products in the global industrial fluid handling market,” Bowes said.
Penguin Pumps will continue to operate as an independent subsidiary of Finish Thompson, Inc.
About Finish Thompson, Inc.
Finish Thompson Inc. (FTI) is an international leader in the corrosive chemical transfer industry. Founded in 1951, the company manufactures more than 10 different lines of pumps, including drum and barrel pumps, centrifugal pumps and air-operated double diaphragm (AODD) pumps. FTI serves distributors and customers on five continents and supports nearly 40 different industries across the globe.