PELL CITY, AL, April 20, 2023 — Douglas Manufacturing, based in Pell City, AL, is pleased to

announce that they have been acquired by Rulmeca Holding Spa. They are excited to be a part

of the group and to leverage both companies' talents, experience and resources to immediately

build on the value that they offer their customers.

With this acquisition, Douglas benefits from integration into a financially sound international

group, gains access to a global supply chain and will have a more extensive product portfolio. At

the same time, Rulmeca realizes a strategic step toward growing its business in the US market.

Rulmeca's product lines and global presence position Douglas to build on its legacy as a leading

manufacturer of conveyor components in the US. Rulmeca plans significant investments in the

company to allow Douglas to increase production capacity and foster a spirit of technical

innovation in the coming months.

Douglas and Rulmeca, both family-owned and operated companies, represent more than 105

years of combined experience. Each company has an unmatched commitment to its customers,

people, and the industry.

Paul Ross will remain President, and the current management team will stay in place and

ensure the continued growth and stability of the company. The company will immediately begin

to grow its talent pool to help support future expansion plans.

“We are excited to join with Rulmeca and be a part of the Rulmeca family. We will leverage the

talents, experience and resources of our companies to build on the value that we offer our

customers and grow in the US market,” said Paul Ross, President and CEO Douglas

Manufacturing.

Together, Douglas and Rulmeca will build on their past success, maintain a strong focus on

customer needs, and continue to offer products that keep their customers moving ahead.

About Douglas Manufacturing Co., Inc.

Established in 1978, Douglas Manufacturing has long been known as a leading manufacturer of

conveyor components and engineered conveying solutions. For 45 years, Douglas has

established its legacy as a leader and innovator in the conveyor industry, focused on

engineering and manufacturing the highest performance conveyor components possible with

the fastest lead times in the industry. Our mission is to deliver top-quality products and solutions

to our customers, making their conveyor operations safer and more profitable.

About Rulmeca Group

Founded in 1962, the Rulmeca Group has grown to be a leading partner in the global materials

handling industry. As a family-owned business, a long-term perspective and responsible action

form the basis of Rulmeca Group’s economic success. The unique combination of tradition and

innovation, of quality and service is our key success factor. This is also seen in our consistent

environmental and social responsibility throughout the value chain. Rulmeca has more than

1200 employees in 17 locations around the globe and serves customers in more than 100

countries. It is the world's largest supplier of idlers, pulleys, and motorized pulleys for belt

conveyor systems.

For more information, visit www.douglasmanufacturing.com.

Contact Douglas Manufacturing Co., Inc.

Address: Pell City, AL 35125

Phone: 205-884-1200

Email: sales@douglasmanufacturing.com

Website: https://www.douglasmanufacturing.com/www.douglasmanufacturing.com