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.
Kobelco Construction Machinery America recently joined the crew of “Extreme Makeover: Home Edition” for a project in eastern Texas. The company provided a Kobelco SK210 excavator to demolish a home so that a new one could be constructed for a deserving family.
Demand for water and wastewater pipe in the U.S. is expected to rise 5.8 percent annually to $19.6 billion in 2014, exceeding 5.3 billion feet. Advances will reflect renewed activity in the residential building construction sector, the growing obsolescence of sewer and drainage systems and upgrades of municipal water systems. Copper pipe demand will rise at the fastest pace due to its close ties to the resurgent building construction segment.
Handling pipe on construction jobs is a labor intensive, time-consuming and potentially-dangerous task, but one that is necessary on every water, sanitary sewer and energy pipeline project, as well as many utility projects where cable is placed in duct or conduit.
There is a flurry of activity among members of the International Pipe Bursting Association (IPBA) as the association accelerates efforts to promote the benefits of this versatile trenchless method for replacing failing underground infrastructure.
Brighton, CO, has a successful formula for growth. The community of 30,000 just outside of the Denver metropolitan area has added 750 new businesses since 1990 and is home to a wind turbine and nacelle manufacturing plant that will eventually employ 1,350 people. Part of the formula is a sound infrastructure that provides businesses with access to up-to-date facilities and services.
The BP Deepwater Horizon spill continues to have ramifications for pipeline safety even though pipelines -- neither gas nor oil -- had nothing to do with that Gulf of Mexico disaster. Nonetheless, "BP" is an entry point for Congress and others to show renewed concern about potential environmental accidents from all sorts of energy activities.
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.
The J-Series electric submersible pumps offer top performance and high quality for a very modest investment. The pumps are designed for long life and trouble free performance. The J-Series electric submersible pumps offer top performance and high quality for a very modest investment.