Valesco Industries, a private equity firm that focuses on making control and non-control investments, completed the acquisition of Blower Application, a maker of shredders, fans, and other scrap handling and pneumatic conveying equipment. Financial terms were not disclosed. “We believe we found the right business partner in Valesco; one that would continue the work we spent 90 years building. At BloApCo we take great pride in manufacturing quality equipment and well-designed scrap systems to our customers. Valesco is an ideal investment partner for us. They not only understand and support our history, vision and values, but will offer key support as we continue to execute against our mission to be the best scrap system equipment manufacturer in our marketplace,” Dan Cieslewicz, Blower Application President.