The Beloit Iron Works, a company that had a long and rich history in the Beloit, Wisconsin area, became known as Beloit Corporation in the early 1960's. By the 1980s, the corporation was the sole North American-based producer of pulp and paper machinery and systems.
In 2000 Beloit Corporation filed bankruptcy and Metso Paper acquired a portion of the assets including:
1. The roll servicing/covering division of Beloit (Beloit-Manhattan) including workshops in:
- Aiken, South Carolina
- Columbus, Mississippi
- Federal Way, Washington
- Clarks Summit, Pennsylvania
- Neenah, Wisconsin
2. The paper machine after-market business including spare parts for installed Beloit machines.
3. The paper machine technology including patents, trademarks, pilot machines, and machine drawings.
Since acquiring the above assets, Metso Paper has also opened a new Logistics Center in Beloit, Wisconsin that serves as a central distribution point for spare parts and consumables in North America, phone: (608) 365-3319.