Leistritz Restructures

ALLENDALE and SOMERVILLE, N.J. (Feb. 24, 2014) – Leistritz announced the reorganization of its pumps, machine tools, turbine components and extrusion business units under the name Leistritz Advanced Technologies Corp. effective immediately. The change reflects Leistritz’ commitment to further strengthen its North American operations. The pump, machine tool and turbine components business units are located in Allendale, N.J., while the extruder business unit will continue operations in the Somerville, N.J., facility. Leistritz Advanced Technologies Corp., a fully owned subsidiary of Leistritz AG, manufactures engineered products that are developed and designed to meet specifications for critical services.