CPM (California Pellet Mill) is a global leader in the design and manufacturing of processing equipment for industries such as animal feed, oilseed processing, food processing, and biofuels. Established in 1883, CPM has a longstanding presence in Waterloo, Iowa, since 1938. The company offers a wide range of equipment, including pellet mills, flaking mills, hammermills, and roller mills, along with related aftermarket parts. In June 2024, CPM expanded its operations by opening a new 172, 000-square-foot manufacturing and test center in Waterloo, enhancing its production capabilities and commitment to serving various industries.