Maxim Evaporators Acquired

Tuesday, December 16, 2008

Company officials announced that Maxim Evaporators was acquired in an asset purchase effective July 31, 2008.

Maxim Evaporators, LLC was formed for the purpose of acquiring the assets of Maxim from Beaird Company, Ltd of Shreveport, Louisiana. Maxim Evaporators was originally founded in the 1960’s for the purpose of manufacturing water purification equipment utilizing evaporative technology.

“After nearly 50 years of continuous
operation, the acquisition of the Maxim assets allows new ownership and management to assure the continuation of a nearly 50 year legacy that we hope to build on going forward,” according to a company spokesman. Certain of the key employees have joined the new organization.

Maxim intends to grow its existing core business of standard water makers and aftermarket parts and subassemblies. The company intends to add other technologies to its product line and pursue other applications for its technology including the treatment and management of salt water produced from land-based oil and gas production.

Maxim manufactures a series of standard fresh water makers that can be used in numerous applications. Models are available with capacities from 192 up to 22,500 gallons per day. Engineered units can be designed to produce up to 1,000,000 gallons per day of fresh water.

(www.maximevap.com)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Fitch Warning on NordLB Shipping Reduction Plan

Norddeutsche Landesbank Girozentrale's (NORD/LB) strategy to reduce its shipping exposures by EUR4bn-6bn over the next three years makes sense, but will likely encounter high execution risks,

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0922 sec (11 req/sec)