13.5 C
December 1, 2022
SADC Mining & Construction News
Construction Editor's Picks

Terex Announces Acquisition of Northern Ireland Steel Fabricator to Support Growth of Materials Processing.

Terex (NYSE: TEX) today announced the acquisition of Steelweld, a manufacturer of heavy fabrications based in Northern Ireland. The purchase of Steelweld supports Materials Processing’s growth strategy by increasing fabrication capabilities in Northern Ireland.

“We are excited to welcome Steelweld’s talented employees to the Terex team. Over the past 40 years, the company has built a highly skilled work force and has a valued reputation for high levels of quality and service,” said John L. Garrison, Jr., Terex Corporation Chairman and Chief Executive Officer.

Kieran Hegarty, Terex Materials Processing President continued, “Steelweld’s expertise in heavy fabrications will provide additional knowledge and talent to support the growth of Terex Materials Processing.”

Related posts

Real estate project in Dubai to be the ‘first major development’


Natural disasters compound housing’s labor market


Mexico: Alamos Gold Announces Completion of Construction and Initial Production at La Yaqui Grande


Leave a Comment