Canon Communications Acquires Reed Manufacturing Events
Reed Business Information, continuing the divestiture of various parts of its portfolio, announced today that it is selling eight events and one related magazine from industrial and manufacturing portfolio to Canon Communications.
Canon is already the producer of several leading events for advanced manufacturing on both coasts, and now, Canon said, it will also be positioned as the primary trade-show producer in the Midwest, which has the largest concentration of advanced technology-based manufacturing in the nation.
"This follow-on acquisition, when fully integrated by our highly experienced management team, will position Canon as the leading producer of trade shows and related media serving the nation’s vibrant advanced manufacturing sector," said Canon CEO Charles G. McCurdy. "We are very pleased to have the opportunity to strategically incorporate these events into our highly successful operating platform."
The shows to be acquired are: Assembly Technology Expo, National Manufacturing Week, International Powder & Bulk Solids, and Quality Expo, all in Rosemont, Illinois; NEPCON East/Assembly East, in Boston; Quality Expo Detroit, in Novi, Michigan; AM Expo, in Greenville, South Carolina; and Powder & Bulk Solids Southeast, in Atlanta. As a complement to the Powder & Bulk Solids show, Canon will also be acquiring Powder/Bulk Solids magazine, the number-one publication for this aspect of the plastics, packaging, chemical, food and other related industries already served by Canon’s publications and trade shows.
"In less than a year, Canon has fulfilled our goal of expanding our role in the advanced, technology-based manufacturing sector through organic and acquisition-driven growth in North America, Europe and China," McCurdy said.