RHI Magnesita plans $90 million Brazilian expansion

RHI Magnesita plans to invest $90 million at the Contagem complex in Belo Horizonte, including using $75 million for expanding four of its 10 refractory plants. The plan includes spending $17 million on a new headquarters. In 2017, the company became the largest refractories producer globally following the merger of RHI Austria and Magnesita Refratários […]

Fagus GreCon names CEO

Fagus GreCon Inc. has named Eric Peterson as chief executive officer (CEO). He officially joined the organization in August 2019 and has more than 20 years of experience leading teams in various manufacturing industries, including the food and building products industry. He’ll be based at the company’s North American headquarters in Charlotte, NC. He holds […]

Gericke celebrates 125 years

Gericke recently opened its headquarters in Zurich, Switzerland, to employees, their families, the press, and business partners as part of the company’s celebration of 125 years in business. The company was founded in 1894 by Walther Hermann Gericke and is now a global provider of solutions for the bulk solids industry. The company is holding […]

Variable-frequency drive market to be driven by energy efficiency demands

The global variable-frequency drive market is expected to grow from an estimate $20.73 billion in 2018 to $27.57 billion by 2023, registering a 5.87 percent compound annual growth rate (CAGR) during the forecast period. This is according to the report Variable Frequency Drive (VFD) Market by Type (AC, DC, and Servo), End-Users (Industrial, Infrastructure, Oil […]

Spiroflow announces vice president of sales in the Americas

Spiroflow Systems Inc. has announced Andy Forrester as vice president of sales in the Americas. In this role, he’ll develop and implement national sales strategies, open new vertical markets, and oversee the growth of innovative solutions in the powder and bulk solids industry. He has more than 15 years of experience in the sales and […]

Industrial Magnetics improves strength of standard large tube magnet

Industrial Magnetics Inc. (IMI) has improved its 52-megagauss-oersteds magnetic circuit for its Large Tube Housing and Large Tube Grate magnets. These products capture metal contaminants in challenging, gravity-fed processing applications where sticking, galling, and material bridging is prevalent. Typical applications can include processing of spices, powders, flour, starches, and pet foods. According to the company, […]

May River Capital acquires Kason

Chicago-based private equity firm May River Capital has acquired Kason Corp., and will establish a platform company Advanced Material Processing (AMP). AMP will be focused on material processing equipment for the food and beverage, pharmaceutical, nutraceutical, and chemical sectors. Kason, a screening, drying, cooling, and processing equipment supplier headquartered in Millburn, NJ, has joined May […]

PMC Capital buys EPS resin maker

Private equity firm PMC Capital Group LLC has bought StyroChem Canada Ltd., an expandable polystyrene resin (EPS) maker. EPS is typically used in food services, packaging, construction, casting, and specialty applications. StyroChem’s plant in Quebec City, QC, has been producing EPS for more than 40 years, and the company was previously owned by Tennenbaum Capital […]

USITC to investigate 3-A counterfeiting

The US International Trade Commission (USITC) announced that it will institute an investigation of certain food processing equipment and packaging materials based on a complaint filed by 3-A Sanitary Standards Inc. (SSI). The complaint alleges violations of section 337 of the Tariff Act of 1930 in the importation into the US and the sale of […]

Porous polymer soaks up methane for storage

Researchers have discovered a porous polymer sorbent material capable of storing methane. The polymer can soak up 25 percent more methane than the target value set by the US Department of Energy (DOE) for natural gas storage materials. The polymer can be made at room temperature in open-air glassware from starting materials that cost less […]