Company History
PPM Technologies has a strong history in the global food processing and packaging industry. Our company was established in 2007 through acquisition of the Allen Systems and PPM businesses of FMC Technologies.
Our legacy represents more than 100 years of experience and well-known brands in the industry - Allen Machinery, Aseeco, PPM and FMC Material Handling.
| 1880s |
John Bean Company established with introduction of new type of spray system for agriculture |
| 1920s |
John Bean Company becomes Food Machinery Corporation (FMC) and introduced to San Francisco Exchange |
| 1940s |
Allen Machinery business established as cherry processing |
|
Food Machinery Corporation changes name to Food Machinery and Chemical Corporation |
| 1970s |
Allen Machinery develops and manufactures a line of vibratory conveyor |
| 1976 |
PPM business established by three founders who developed a proprietary frying process |
| 1988 |
FMC acquired Aseeco business increasing presence in material handling system |
| 1990s |
PPM business acquired by Frigoscandia. Both later acquired by FMC. |
| 2000 |
FMC acquired Allen Machinery and combine material handling businesses |
|
FMC announced separation into two publically traded companies – FMC Technologies and FMC Corporation |
| 2001 |
FMC Technologies Inc. begins trading on NYSE Ticker Symbol – FTI |
| 2004 |
Allen Machinery and PPM operate jointly under FMC Technologies |
| 2007 |
PPM Technologies acquires Allen Machinery and PPM business |
| 2008 |
PPM Technologies joins forces with Wright Machinery Limited |