Delta Rigging & Tools, Inc., one of the largest providers of lifting and rigging products and related services in the United States, today announced it has completed the acquisition of Holloway Wire Rope, supplier of wire rope, below-the-hook lifting devices and rigging supplies headquartered in Tulsa, OK, with a second location in Wichita, KS. The acquisition of Holloway Wire Rope expands Delta Rigging & Tools footprint into the Oklahoma oil & gas fields, along with broadening its reach into the Midwest markets. Continue reading
Recently, Ecuador Minister of Transport and Public Works, Maria de los Angeles Duarte, announced during a local radio interview, the construction of a new maritime port of Guayaquil, with the ability to move 50 to 60 million tonnes of cargo annually.
‘Currently new port studies are already underway between Posorja area and the border with the province of Santa Elena’, Minister Duarte stressed having the capability for deepwater larger vessels will move more than double the current capacity of the port terminal. Continue reading
Iowa Mold Tooling Co. Inc. (IMT), an Oshkosh Corporation company (NYSE:OSK), is pleased to announce that National Truck Body Solutions, based in Greencastle, Pa., has extended its product offering by becoming a distributor of IMT products. National Truck Body Solutions will serve IMT customers in the western halves of Pennsylvania, Maryland and Virginia, as well as Eastern West Virginia. Continue reading
Elgin Fastener Group, LLC (EFG) announced it has completed the acquisition of Vegas Fastener Manufacturing of Las Vegas, Nevada.
Jeff Liter, EFG CEO, commented, “The acquisition of Vegas Fastener Manufacturing represents a major advancement in EFG’s goal to become the premier North American supplier of specialty fasteners. The experience and reputation that Vegas Fastener has developed in the production of high quality fasteners from exotic materials, for some of the most demanding applications in our industry, takes us to a new level of supplier recognition in the specialty fastener market.” Continue reading
WireCo WorldGroup, the world’s leader in synthetic rope & netting, wire rope and specialized assemblies, announces the opening of a brand new, state-of-the-art Research & Development facility at its Global Synthetics Lankhorst Euronete location in Maia, Portugal. The facility provides new opportunities for fundamental research and product development to support its Global Synthetics Lankhorst Euronete division that markets the brands Lankhorst®, Euronete®, Phillystran® and Oliveira®. This investment underscores the group’s commitment to further expand their # 1 position in synthetic rope and netting technology & manufacturing. Continue reading
Elgin Fastener Group, LLC (EFG) announced it has completed the acquisition of Telefast Industries, Inc., of Berea, Ohio. Jeff Liter, EFG CEO, commented, “Telefast is a natural fit for our acquisition strategy as they expand our manufacturing capabilities to include the cold heading of internally threaded fasteners. The addition of Telefast also offers us cross selling opportunities with customers who buy from both Telefast and our other plants. In turn, EFG is committed to growing the Telefast operation by expanding both their sales reach and their capabilities.” Continue reading
Beginning in 2012, Wolf Steel has been working to increase their existing foundry capacity and product quality. In this expansion Wolf has added over 15,000 square feet of manufacturing floor space to the existing 7,750 square feet. This expansion included the addition of critical process equipment such as a new Inductotherm 3,000 pound melt furnace (in addition to their existing 1,500 pound melt furnace), a new Atlas-Copco Air Compressor, and several new Tinker Omega systems. Continue reading
Samson, the worldwide leader in performance rope, announces the appointment of Joe Mazzacano as Vice President of Sales & Marketing, effective January 1, 2013. In his new role, Mazzacano will leverage his strong knowledge of Samson’s strategy, markets, products, and customers to help foster company growth.
Mazzacano has been with Samson for 14 years as Vice President of Finance; a role that has included responsibility for Samson’s Continue reading
“Houston, we have lift-off!” Alps Wire Rope Corporation is pleased to announce the opening of our newest warehouse location in Houston, TX, located at 11550 Dumas Street. Abe Guerrero will be joining our existing sales team of Rick Coughran and Bill Lee, to manage the facility. Abe is a native of Houston and is happy to be returning home!
The increase in demand for our wire rope products from this important region of the country has led to the opening of this new distribution point. The new facility will provide Alps Wire Rope close proximity to our customers and business partners in the area. Continue reading
International rope manufacturer Bridon has launched a state-of-the-art facility for the development of the world’s most advanced steel ropes. The Bridon Technology Centre (BTC) houses a range of purpose-built equipment to test rope properties and performance, enabling Bridon to refine complex rope constructions and optimise their design. The facility is set to develop the largest and most sophisticated rope products ever made available. According to Global CEO John Templeman, “This state of the art facility will enable us to develop and test ropes that perform at the highest Continue reading
Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with SPP Machine Tech Co., Ltd., a marine machinery manufacturer in Korea, under which MHI is to license production and marketing of marine deck cranes. With this initiative, MHI aims at accelerating market penetration of MHI technology-based marine deck cranes in Korea, a shipbuilding superpower. Earlier, MHI licensed the technology to Jiangsu Masada Heavy Industries Co, Ltd. in China, in 2008. Through licensing to these two major shipbuilding nations, MHI looks to further expand its share in the global deck crane market. Continue reading
Harrington Hoists, Inc., recently leased 97,000 square feet of commercial property in the Elizabethtown PA Conewago Industrial Park. The company will occupy the space in early December and hopes to be fully operational by May 2013. The company has begun to hire new people to begin operations at this facility. Additional workers will be hired after operations begin in April of 2013.
As reported in the Kansas City Business Journal, WireCo WorldGroup Inc. is adding 11,800 square feet to its international headquarters and will have over 71,000 square feet available for use at its headquarters facility near the K.C. International Airport that it first moved into in 2008.
“I think it’s more reflective of the hiring we’ve already been doing,” said Dave Hornaday, Vice President of Corporate Administration at WireCo. “We brought a number of people on during the last few months of 2012 and have a few more coming in. WireCo Worldgroup currently employs over 150 people at its Kanas-City based headquarters alone.
The Caldwell Group of Rockford, IL, which designs and builds engineered lifting products, has purchased a new 76,000 square foot manufacturing facility that will serve as the future home of the company. Caldwell a leading manufacturer in the lifting industry is currently located in 3 adjacent buildings in Rockford totaling approximately 50,000+ square feet. Sitting on 10 acres, the new building is strategically located only 5 minutes from their current location creating a win-win for their
employees, suppliers and the customers they ship to around the world. Continue reading
Lifting Gear Hire Corporation (LGH) is pleased to announce the opening of a new warehouse in Tucker, GA. This is the sixteenth warehouse LGH has opened in the U.S. The new warehouse, located at 5149 South Royal Atlanta Drive, will provide faster equipment rental turn-around times for customers in and around the Atlanta, GA area. In addition, the new warehouse will also provide an expansive selection of rental equipment, larger scale rental equipment choices and convenient equipment loading and unloading. Continue reading