109-year-old Twin Cities company sold to German buyer
The New Brighton-based Johnson Screens, which makes water-treatment equipment, is being sold for about $134 million to
German construction company Bilfinger, the Business Journal reports.
The water technology company founded in St. Paul in 1904 is currently owned by Switzerland-based Weatherford International.
Managers of the 1,200-employee company will remain with the company, a press release says.