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Weir Completes Acquisition of ESCO

MF071819 WeirLogoThe Weir Group PLC completed the acquisition of ESCO Corp., a leading provider of ground engaging tools for surface mining and infrastructure markets, for an enterprise value of $1,285 million. It follows regulatory clearance for the transaction, which was first announced in April.

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Victaulic Hosts Construction Camp for Girls

MF071918 VictaulicVictaulic, a manufacturer of mechanical pipe-joining systems, hosted and sponsored the 2018 Let's Build Construction Camp for Girls of the Lehigh Valley. The week-long camp in Pennsylvania invites high school age girls to explore the construction trades, architecture, engineering and construction manufacturing through hands-on experiences and field trips.

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Volvo Sales Up 32 Percent

MF071918 VolvoLogoA combination of competitive products and high demand in most markets saw Volvo Construction Equipment (Volvo CE) report net sales in the second quarter of 2018 that were up by almost a third, rising 32 percent compared to the same period in the year before. Good cost control as volumes return also resulted in strong improvement in profitability.

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ASGCO Recognized by U.S. Ambassador to Chile

MF071918 ASGCOU.S. Ambassador to Chile Carol Z. Perez, presented Allentown, Pa.-based ASGCO with the Export Leadership Award during EXPOMIN 2018. The award was presented at a ceremony in Santiago, Chile, and recognizes ASGCO for “exemplary leadership in exporting U.S.-made products and services to Chile.”

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Firmatek Launches Software Development Department

MF060218 Firmatek sqlogoFirmatek has launched a software development department. The decision to invest in building internal development capabilities reflects a continued focus on offering clients better ways to visualize and utilize their data, according to the company. 

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