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Former Eriez President Chet Giermak Dies

Eriez announced that Chet Giermak, who served as the company’s president and CEO from 1971 to 2003, died on March 16. “Chet was a great man who has left an indelible mark on Eriez’ business, people and culture,” said Eriez President and CEO Tim Shuttleworth. “His legacy lives on at Eriez every day.”

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Lafarge, Holcim Salvage Merger

Europe’s two largest cement companies Holcim and Lafarge have rescued a stumbling €41 billion (Euros) merger by reconciling differences over financial terms and management that nearly caused the collapse of one of the biggest deals in recent years, London’s Financial Times reports.

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