Joy Global Inc., a worldwide leader in high-productivity mining solutions, announced that China Mining Machinery, the Company’s wholly-owned subsidiary, has entered into a definitive agreement to acquire 100% of the outstanding shares of Wuxi Shengda, a Chinese manufacturer of longwall shearing machines, for $22.0 million, excluding closing costs. Wuxi Shengda primarily serves the markets for [...]
ION Geophysical Corporation announced today that it has successfully completed the acquisition phase of a multi-client seismic imaging project using its FireFly® cableless land acquisition system. The project was completed on time and under budget in a remote, environmentally sensitive area of northwest Colorado by the seismic contractor Geokinetics Inc., which ION selected to acquire [...]
RSC Equipment Rental, Inc., the operating entity for RSC Holdings Inc., one of the largest equipment rental providers in North America, announced today that it has streamlined its field operations in North America into two geographical areas, an East Division and a West Division, instead of the three areas it has had previously.
Joe Foster and [...]
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted two large unreserved public auctions in Houston, TX and Phoenix, AZ last week, with gross auction proceeds of more than US$23 million and close to US$35 million, respectively. Almost 2,000 bidders participated in the Houston auction and more than 1,600 took part in the Phoenix auction; [...]
LINE-X® Industrial Coatings Division (LICD) announce that its new fire retardant product, LINE-X XS-252, has met the requirements of the Mine, Safety and Health Administration (MSHA) Standard Application Procedures for Sealants Applied to Underground Ventilation Controls (ASAP 5005).
“This is big news for the mining industry,” said Michael Babiarz, vice president of business development for [...]
Research and Markets has announced the addition of the “Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011″ report to their offering.
This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, [...]
SPI Lasers, a leading designer and manufacturer of fiber lasers, today announced an extended temperature range 20W Fiber targeting hot environments.
SPI has launched a new ST ‘Superior Temperature’ variant of its successful G3 20W pulsed laser. The ST has a significantly extended temperature range and is capable of operation in ambient environments up to 43°C [...]
Mr Bill Wagener, the COO of Northland Resources, announce that the Company has reached an important milestone in the development of its Tapuli project in Sweden, with the purchase of a used FL Schmidt Fuller Traylor 54×74 gyratory crusher.
Under Northland’s current plans, at full production Tapuli is scheduled to produce approximately 3 million tonnes per [...]
Foster Wheeler Ltd. announced that its subsidiary Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded contracts by BP Products North America for the engineering, procurement and fabrication of a 102,000 barrels per stream day (bpsd) six-drum delayed coking unit and gas plant facilities at BP’s Whiting refinery in [...]
Komatsu America Corp.’s D51 EX/PX-22 crawler dozer won a silver award for their design in the IDEA® (International Design Excellence Awards) competition. The D51 design was honored in the Commercial and Industrial category for its super-slant nose engine hood which provides the operator with exceptional visibility of the top blade edge and area in [...]
