Business

Recent business news from Driver Pipeline, Super Products, ISCO Industries, Thompson Pump & Mfg., Inspar Robotic Technologies, Akkerman, Caterpillar, Sheehan Pipe Line Construction Co., ITT, Canberra Pumps, Geospatial Holdings, Interplastic, iRENTequip, Reed Manufacturing and JCB.

Advertisers from the print edition of Underground Construction, September 2010, Volume 65 No. 9.

Staking University announces the release of its utility locator training video Locating Unlimited. This 113-minute video focuses on two concepts: how locating instruments work and how to operate locating instruments. By covering those two concepts, without dependence on a particular brand of equipment, the video is a timeless resource of information about locating pipes and cables.

The Big Texas Road Show, a seven-stop tour of Ditch Witch® dealerships in Texas, wrapped up in June after having showcased a wide range of Ditch Witch equipment to approximately 800 customers and potential customers.

News from Ritchie Bros., Wacker Neuson, Caterpillar, Komatsu, Utilicor Technologies, Ditch Witch Midwest, Driver Pipeline, LAN, ISCO Industries, Ernst & Young, Volvo and Takeuchi-US.

Sumitomo Construction Machinery Co., Ltd. (SCM), a leading manufacturer of hydraulic crawler excavators headquartered in Tokyo, Japan, has acquired full ownership of LBX Company (LBX) headquartered in Lexington, KY, from Case Construction Equipment.

Diversified manufacturer ITT Corp., White Plains, NY, has signed an agreement to purchase privately held Godwin Pumps, Bridgeport, NJ, for $585 million to expand its footprint in the global market for dewatering pumps and the rental market. Godwin is a leading supplier of automatic self-priming portable pumps used for drainage pump rental, services and sales serving the global industrial, construction, mining, municipal, oil and gas segments.

Advertisers from the print edition, August 2010, Vol. 65 No. 8.

Pure Technologies Ltd. announced July 28 that it has agreed with the shareholders of The Pressure Pipe Inspection Company Ltd. (PPIC) to purchase all of the issued and outstanding shares of PPIC for up to $34.9 million in cash and common stock of Pure. Both companies' boards have approved the transaction, subject to certain conditions and to the approval of the TSX Venture Exchange. The transaction is expected to close by August 31, 2010.

Since 1966, DFI Corporation has supplied the oilfield construction industry with first-class pile-driving, pile supply and trucking services. As the core business for DFI, oil and gas have provided the company with significant growth and success; however, the seasonal nature of the oil and gas industry means that projects are not balanced throughout the year.

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