Business

ITT Corporation announced June 21 that it intends to buy Godwin Pumps for $585 million. The deal brings the world's largest manufacturer of submersible pumps together with the largest producer of diesel-driven dry install pumps, and the combined organization is expected to become the largest company providing drainage pumps serving the global industrial, construction, mining, municipal, oil and gas segments.

Updates from Akkerman, GTI, Vermeer, CONTECH, Caterpillar, Ditch Witch, CNH, ADS, Lockwood Andrews & Newnam, SAK and more.

Two North American firms that specialize in horizontal directional drilling, Brotherton Pipeline and Direct Horizontal, have merged their equipment and workforce to form Brotherton-Direct.

Advertisers in the print edition of Underground Construction, June 2010, Vol. 65 No. 6.

Southeast Directional Drilling has acquired the assets of Frontier Pipeline, a Minnesota-based horizontal directional drilling (HDD) company. Financial terms of the acquisition were not disclosed.

ISCO Industries, a Louisville, KY-based distributor and fabricator of piping products, recently held an open house in its newly refurbished and enhanced Houston facility. The facility was updated to offer more services and solutions to customers in the area.

Case Construction Equipment announced the production startup of a new line of military skid steers and compact track loaders. Case has begun manufacturing and shipping the first of several thousand model M400W skid steers and model M400T compact track loaders.

Thompson Pump & Manufacturing Co., Port Orange, FL, is now celebrating its 40th year of providing pumps and pumping solutions. “I am proud to celebrate this landmark achievement as it is a record of accomplishment that represents our resilience in an ever-changing industry,” said Bill Thompson, Thompson Pump president.

Business news from Vermeer, Caterpillar, Astec Industries, Ditch Witch, SAK Construction, MasTec, Akkerman, Volvo Construction Equipment, JCB, Advanced Drainage Systems, Pressure Pipe Inspection Company and PSI.

Advertisers from the print edition of Underground Construction, Vol. 65 No. 4, April 2010.

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