Material Handling Systems News

CSL Acquires Minority Stake in EMS-Tech

The world's largest owner and operator of self-unloading ships The CSL Group has acquired a minority stake in Canadian engineering firm EMS-Tech Inc., a designer and supplier of bulk material handling systems.The investment will build on the synergies developed between CSL and EMS-Tech over 25 years and will leverage the companies' respective strengths in delivering advanced cargo handling solutions. EMS-Tech will continue to be independently managed by its current team.For over three decades…

Oldenburg Group Gets Subcontract to supply LCS Vessels

According to a Jan. 14 report from the Pierce County Herald a Milwaukee firm will get over $200m to provide material handling systems for the new U.S. Navy ships to be built in Marinette and Alabama. The Oldenburg Group said it would build cranes, launching systems, lift-platforms, and hatch covers for the 55 littoral combat ships recently approved by Congress. (Source: Pierce County Herald)

Kinder Morgan to Purchase Terminal Assets at Port of Vancouver

Partners, L.P. of British Columbia. on a 139-acre site. which allow the terminal to handle over 3.5 million tons of cargo annually. to shippers in western and central Canada, and the U.S. Pacific Northwest. The transaction is expected to close in the second quarter of 2007.