ContiTech boosts range

ContiTech's Transportbandsysteme division is expanding by buying the Moers facility from Metso Minerals. This factory makes the Flexowell and Pocketlift conveyor belts, which used in the extraction industries to transport loose bulk material up steep inclines.
February 8, 2012 Read time: 1 min
1527 ContiTech's Transportbandsysteme division is expanding by buying the Moers facility from 6934 Metso. This factory makes the Flexowell and Pocketlift conveyor belts, which used in the extraction industries to transport loose bulk material up steep inclines. The acquisition is a logical one and the ContiTech Conveyor Belt Group is making a strategic move.

Flexowell and Pocketlift conveyor belts will in future be offered by ContiTech and the deal is due for completion on May 1st 2010, although the size of the purchase has not been disclosed. "By doing this we are globally opening up additional markets for ContiTech and are developing our capacities for special conveyor belts", Hans-Jürgen Duensing said, head of the ContiTech Conveyor Belt Group business unit. "The purchase represents the acquisition of additional know-how and numerous special belt patents for ContiTech. This consolidates our market position."
Materials

For more information on companies in this article

Related Content

  • LiuGong is investing in its facilities and product line
    November 29, 2012
    The acquisition of the HSW firm making the Dressta bulldozers has been strategically important for LiuGong. This facility is its first factory in Europe and has brought with it a very well-proven product line. The factory has benefited from a number of changes and David Beatenbough, vice president of LiuGong research and development said, “What we’ve found is that every machine tool is old but the maintenance has been tremendous. We’ve only had to replace one or two machine tools. So for this year we’ve bee
    Read More
  • Ammann opens factory in Zhangjiagang, China
    August 22, 2023
    The 50,000m² plant, which includes 5,000m² dedicated to administration, has the capacity to produce 80-100 asphalt-mixing plants annually.
    Read More
  • web SEO headline goes here
    March 18, 2013
    Moriaki Kadoya, president and chief executive of Hitachi Construction Machinery Europe (HCME), says Hitachi Construction Machinery needs to place “greater emphasis” on establishing local production facilities as it bids to strengthen its market position.

    A subsidiary of the Hitachi Group, Hitachi Construction Machinery currently has 33 production sites worldwide – with 16, including its flagship production site near Tokyo, in Japan.
    Read More
  • Cold milling wide power drum
    April 16, 2012
    Wirtgen's new 120F milling machine has been developed from the 100F launched late last year. The two machines use the same basic chassis but the 120F is a more powerful mill that can handle wider cuts of up to 1.2m. Jeff Wylie is product manager for Wirtgen's milling machines in the US and explained that the machine comes with several new features. Power comes from a Cummins QSC diesel and this engine is rubber-mounted, to reduce vibration and noise. A variable speed cooling fan is fitted that senses engine
    Read More

Highlighted Content