Mining in process of selling Joy Global mining conveyor & Goodman-Hewitt idler businesses to private equity company Stellex.
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Learn MoreJun 11, · Jun. 11, . With two opportunities selected for the future of its UK-based conveying businesses, today announced plans for a management buyout of its in-region conveyor manufacturing business and a separate agreement to sell its projects business (UK-region conveyor system engineering and delivery) to Fairport Engineering Limited (FEL).
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Learn MoreThe proposed sale will include the stock of Joy Global Conveyors Inc. and the assets of 's Australian-based conveying business, which include the assets, facilities (in Winfield, AL, USA and Somersby, NSW, AU) and a transfer of employees. Together, they will form a new standalone organization owned by Stellex Capital, to be called
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Learn MoreMar 30, · The businesses were part of Joy Global Inc which acquired in April 2017. The proposed sale will include the stock of Joy Global Conveyors Inc and the assets of ’s Australian-based conveying business, which includes assets and facilities in Winfield, Alabama, USA and Somersby, New South Wales, Australia and a transfer of
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