People & Business

Premier Tech invests CAD 7 Million to expand one of its Plants

Starting in March 2017, the work for adding 2300 sqm to one of the two Industrial Equipment Group plants in Rivière-du-Loup will get under way.
Plant Expansion
To support the steady growth of its Industrial Equipment Group, Premier Tech will inject CAD 7 million into expanding one of the plants at its Campus in Rivière-du-Loup, Quebec, Canada. That investment is required due to the great demand for its automated packaging systems manufactured in Rivière-du-Loup and exported primarily to the Americas.

Superior Industries doubles Size of Plant in Columbus after Expansion

In addition to the plant expansion, Superior Industries doubled the engineering staff dedicated to developing the screens, washers and portable plants.
Plant Expansion
Superior Industries, Inc., a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, recently completed a major expansion at its manufacturing plant in Columbus (NE), USA. In addition, the 44-year-old company doubled the engineering staff dedicated to developing the screens, washers and portable plants manufactured and shipped from Nebraska.

Terex sells Material Handling and Port Solutions Business to Konecranes

Konecranes signed an agreement to acquire from Terex Corporation its Material Handling & Port Solutions, including the range of Gottwald harbor cranes.
Acquisitions & Mergers
Terex has signed a definitive agreement to sell its Material Handling and Port Solutions business (MHPS) to Konecranes for total consideration of approximately USD 1.3 billion. The agreement provides Terex with the ability to continue to pursue discussions with Zoomlion Heavy Industries Science & Technology Co., Ltd. on a potential sale of the company at USD 31 per share with the MHPS business or, alternatively, for the sale of Terex without the MHPS business.

Rema Tip Top acquired Australian Conveyor Maintenance Company

"We want to become the service provider number one for the Australian mining industry," says Thorsten Wach, CEO of Rema Tip Top.
Belt Conveyor Services
Rema Tip Top AG, a globally operating system provider of services and products in the field of conveying and treatment technology as well as in the automotive sector, has acquired a majority interest in the Australian company ConvaTech. Together, Rema Tip Top and ConvaTech will form one of the largest conveyor service organisations on the resource-rich continent, the company says.

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