Precision Pulley & Idler (PPI) has agreed to acquire Continental Global Material Handling, a portfolio company of Stellex Capital Management. Continental has been “a leader in bulk material handling for decades,” PPI said. The transaction is expected to close in the coming days. “Continental has earned its position as one of the most well-respected brands in the industry. We couldn’t…
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BRAKING LIKE A BOSS
In this relatively new world of smart mining, the evolution of smart braking has the ability to bring about unprecedented positive change in mining efficiency and safety, according to Hilliard’s Spencer Passmore. As bulk material handling machinery continues to evolve with enhanced power and efficiency, the need for braking systems that can efficiently control speed and halt machinery both in…
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