Right Lane Industries, a privately-held industrial-holding company focused on “corporate carve-outs and other complex transactions,” said that it has signed an agreement to sell TerraSource Holdings to Astec Industries for a purchase price of $245 million. Right Lane acquired a 51% interest in TerraSource from Hillenbrand in October 2021, and worked to enhance the scale, profitability and competitiveness of the…
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Eriez appoints Todd Burchett to lead global mining and minerals
Eriez Vice President of Global Sales Todd Loudin announced the appointment of industry veteran R. Todd Burchett as head of mining and minerals. This strategic addition to the global sales group reinforces the company’s commitment to strengthening its leadership position in the mining and minerals industry. In his new role, Burchett will spearhead initiatives to harmonize global market strategies, accelerate…
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