The Metso-McCloskey Deal

June 13, 2019 – Big news in the world of crushing. As you probably have heard by now, Metso is acquiring McCloskey International. The deal supports Metso’s expansion plans and the company will now be able to offer customers multiple complementary product lines. The deal also brings McCloskey greater international market presence. But is the deal an early precursor to an…

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Metso to Acquire McCloskey International

Metso has signed an agreement to acquire Canadian mobile crushing and screening equipment manufacturer McCloskey International, expanding Metso’s offering in the aggregates industry globally and strengthening its customer reach. With this acquisition Metso will be able to better take part in the attractive growth of mobile products within the aggregates industry. The mobile aggregate equipment market is expected to grow…

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Wendling Quarries Acquires Coots Materials

Wendling Quarries Inc, purchased the Iowa assets of Coots Materials Co. (CMC), according to a company announcement. “We are honored to have been approached by Dave and Mary Coots, along with their daughter Tyneal and Jody Herger, to purchase their company. The offer was largely a result of a longstanding friendship between Dave Coots and Tony Manatt,” the company stated. 

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Timken Acquires Diamond Chain

The Timken Co. announced the acquisition of The Diamond Chain Co. from Amsted Industries. Diamond Chain is a supplier of high-performance roller chains for industrial markets. The company serves a diverse range of sectors, including industrial distribution, material handling, food and beverage, agriculture, construction and other process industries. For the 12 months ended March 31, 2019, Diamond Chain posted sales of over…

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Alta Equipment Expands into New England

Alta Equipment Co. entered into an agreement to purchase Northland Industrial Truck Co., Inc. (NITCO). The acquisition will expand Alta’s business into the New England market, adding full service materials handling sales operations in Massachusetts, Connecticut, New Hampshire and Maine.  NITCO, and its construction equipment group Northland JCB, will continue to operate as wholly owned subsidiaries of Alta, with no…

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