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Joy
Global Acquires Continental Global
MILWAUKEE,
WI -- Joy Global Inc., a worldwide leader in
high-productivity mining solutions, reported today that it
has entered into a definitive agreement with NES Group, Inc.
to acquire Continental Global Inc., a world-wide leader in
conveyor systems for bulk material handling in mining and
other industrial applications.
Continental designs,
manufactures, installs and services highly engineered
conveyor solutions for customers on six continents and has
manufacturing facilities in the United States, United
Kingdom, South Africa and Australia. Continental's 2007
sales of conveyor equipment are expected to be approximately
$340 million. The purchase price will be $270 million to be
funded through available liquidity sources pending
completion of permanent financing.
The transaction is structured as
a purchase from NES Group of the stock of NES Investment,
Co., the parent holding company of Continental, and is
expected to be accretive to earnings in the first full
fiscal year following the acquisition. All businesses of NES
unrelated to conveyor equipment, including the company's
axle products business, are being retained by NES Group.
Completion of the transaction is
subject to the receipt of necessary regulatory approvals and
other customary closing conditions and is expected to occur
during the first calendar quarter of 2008.
"Continental Global expands the
range of products and services we can deliver to our
customers, and is consistent with our strategy of adding
related and highly synergistic product lines," stated Mike
Sutherlin, President and Chief Executive Officer of Joy
Global.
Sutherlin continues,
"Continental's conveyor systems fit closely with our surface
and underground businesses, allowing us to leverage our
strong global presence in both segments. Integrating
conveyor systems into our Life Cycle Management programs
will extend the impact of these programs to deliver the
highest reliability in equipment and systems that are
mission critical to our customers. This enhances the
efficiency of our existing mine site operations, and is even
more important as our customers look to green field projects
for future expansion. We are very pleased to welcome the
Continental family to Joy Global."
Joy Global is a world-wide
leader in manufacturing, distributing and servicing
equipment for surface mining through P&H Mining Equipment
and underground mining through Joy Mining Machinery.
Source:
http://www.joy.com/
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CEMA : Equipment Sales Up 11% in
November
NAPLES,
FL -- The Conveyor Equipment Manufacturers Association
reported that its November 2007 Booked Orders Index was 145
up 21 points or an increase of 17% from October 2007's Index
of 124 (1990=100). The November 2007 Index represents an
increase of 11% from the November 2006 Index of 131.
November Booked Orders Indexes were 185 for Bulk Handling
Equipment* and 132 for Unit Handling Equipment*(1990=100).
The
Twelve-Month Index for Booked Orders was 156 in November.
Index in November represents an increase of 1% from October
2007's Twelve-Month Index of 155.
The
CEMA Billed Sales (shipments) Index was 131 in November.
Index in November is down 9 points or 6% from October 2007's
Index of 140. The November 2007 Index represents an increase
of 4 points or 3% from the November 2006 Index of 127.
November Billed Sales Indexes were 180 for Bulk Handling
Equipment* and 126 for Unit Handling Equipment*(1990=100).
The
Twelve-Month Index for Billed Sales was 146 in November.
Index in November is unchanged from October 2007's
Twelve-Month Index of 146.
*
Since Bulk Handling Systems booked and billed sales are
reported quarterly, they are averaged back to the two
preceding months to enable a running monthly index.
Source:
http://www.cemanet.org/
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Spiroflow to exhibit at Process
Technology Expo South
CHARLOTTE,
NC -- Spiroflow Systems, Inc. will be showing and
demonstrating a working Bulk bag discharger, flexible screw
conveyor and aero-mechanical conveyor in what the company
calls its ‘One Man Band’ exhibit at the Process Technology
Expo South at the Charlotte Convention Center in Charlotte,
North Carolina on March 19-20, 2008, Booth 605.
In
the working exhibit, Spiroflow will show how the flexible
screw conveyor collects the material, delivers it to a
round-the-corner aero-mechanical conveyor and returns it
back in to the top of the bulk bag discharger.
At
the show, Spiroflow will showcase its complete line of bulk
bag dischargers, bulk bag fillers, flexible screw conveyors,
aero-mechanical conveyors and vacuum conveying equipment.
Information on Spiroflow’s comprehensive range of Conveying
and Big Bag Handling Equipment will be available.
Flexible screw, aero-mechanical and vacuum conveyors
available from Spiroflow typically offer the lowest cost,
simplest, most hygienic and easiest to clean means of
conveying products from free flowing salt to sticky lumps of
broken chocolate, chemicals or minerals.
About
Spiroflow
Spiroflow Systems specializes in mechanical and pneumatic
conveying and the filling and discharging of dry bulk solids
from bulk bags. The company offers nine discharger types
ranging from simple bag support frames to sophisticated
models offering “total containment”. The company also
supplies a wide range of both standard and custom powder
handling equipment.
For
more information contact
Spiroflow Systems
Telephone: 704-291-9595
Fax: 704-291-9594
Email:
info@spiroflowsystems.com
Web site:
http://www.spiroflowsystems.com/
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Kason : New Screener-Fluid Bed Dryer System
MILLBURN,
NJ -- A new self-contained Circular Vibratory
Screener-Fluid Bed Dryer System from Kason Corporation
removes oversize and undersize material, and dries
on-size material.
The pre-packaged system
scalps and de-dusts 2500 to 3000 lbs (1134 to 1361 kg)
of bulk material per hour using a double-deck, 30 in.
(762 mm) diameter circular vibratory screener, and then
dries the material in a 40 in. (1016 mm) diameter
circular vibratory fluid bed processing system.
The screener is equipped with
an imbalanced-weight gyratory motor that vibrates the
screening chamber which is suspended on springs.
Oversize particles travel in controlled spiral pathways
from the center of the upper screen to a spout at the
screen's periphery where they are discharged for
reprocessing.
On-size particles falling
onto the lower screen travel in controlled spiral
pathways to an extended spout at the screen's periphery
that leads to the fluid bed drier. Undersize material
passes through the lower screen onto an integral metal
chute and through a third spout for reprocessing.
The circular fluid bed dryer
is reportedly half the size and weight of a rectangular
fluid bed dryer of equivalent capacity and allows
consolidation of all primary system components. Inherent
strength of the circular processor eliminates the need
for heavy-gauge walls and cross braces otherwise
required to withstand continuous vibration, allowing
vibratory motors to be downsized.
The circular unit also
requires only one air inlet and outlet and has fewer
weld seams, reducing overall size and construction cost,
especially when finished to 3-A, FDA, and BISSC sanitary
standards. Cleaning time is cut by more than 50 percent
due to the reduction in interior seams and accessibility
afforded by a quick-disconnect housing.
The company also manufactures
other types and sizes of circular vibratory screeners
and fluid bed processors, as well as centrifugal
screeners for scalping and dewatering applications.
For information contact:
Kason Corporation
67-71 East Willow St.
Millburn, NJ 07041
Telephone: 973-467-8140
Email: info@kason.com
Web site:
http://www.kason.com/
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Don Dunnington,
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An industrial blog for the bulk
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Mr. Bolhasani needs a
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Mr. Crespo wants to dry bread
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I am designing an
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I am doubting about using a
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Dulcesol
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| From the Job
Fair Sales
Representatives Needed
Eastern
Instruments, specializing in accurate mass flow measurement
solutions, is looking for Sales Representatives in the
following areas: North and South Dakota, Minnesota,
Arkansas, Northern Mississippi, Eastern Pennsylvania,
Virginia, North and South Carolina and New York.
Please see our
website for more information about us and our products:
http://www.easterninstruments.com/
If interested,
contact the Sales and Marketing Department at:
Eastern
Instruments
416 Landmark Drive
Wilmington, NC 28412
Email:
sales@easterninstruments.com
Telephone: (910) 392-2490
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::
Joy Global Acquires Continental
Global
::
CEMA : Equipment Sales Up
11% in November
::
Spiroflow to exhibit at Process
Technology Expo South
::
Kason : New Screener-Fluid Bed
Dryer System
:: Other News
:: From the Powder and Bulk Weblog
:: Video Center Features
:: Help Forum
:: The Job Fair
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:: Find more books and journals
:: Ask Joe Column!
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| From
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"...one
of the best books of its kind." |
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Screw Conveyor 101
by Michael P. Forcade
Spiral-bound, 260 pages, 1999
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"..presents a set of design
tables that can be used in the analysis of silos, pipes, or
any circular-cylindrical shell.." |
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Circular Storage Tanks and Silos
by A. Ghali
Library Binding, 352 pages
2nd edition, June 2000
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The Design of
Loss-in-Weight Feeders
Guest article by Mike
Page
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Featured
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Haver & Boecker Modernize Russian Cement Plants
The outlook for the Russian
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double-digit growth is the forecast well into 2010. The
incoming order situation at Haver & Boecker for cement
packing machines definitely confirms this positive
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sophisticated and cutting-edge technology...(more)
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