Superior Industries enters Into Agreement to Acquire CEMCO

Superior Industries Inc. announced the pending acquisition of CEMCO Inc. of Belen, N.M. CEMCO is a 60-year-old manufacturing company and originator of the modern Vertical Shaft Impact (VSI) Crusher, which revolutionized production of high quality road-making material. Today, CEMCO is recognized as a premier designer and manufacturer of VSI Crushers as it proudly serves customers in the aggregates, recycling, mining and…

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Allegiance takes over Drummond’s Short Creek

Australian miner Allegiance Coal, which is growing its operational presence in the United States, said in late October it plans to acquire Drummond Coal’s Short Creek underground mine outside of Birmingham, Ala.  The $4.4 million cash transaction for the Tier 1 hard coking asset also includes $11.5 million to replace the mine’s state reclamation bond. Allegiance noted the acquisition will…

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