Longwall supplier Hauhinco evolves into HBT

Nearly a year to the day after it was first announced Hauhinco would acquire the longwall mining equipment division of Caterpillar, the company has emerged with a new name with roots into its 100-plus-year history. The company will now be known as Hauhinco Bergbautechnik, or HBT, and it has a number of high-level action items it wants to collectively achieve…

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Caterpillar to divest longwall business

OEM Caterpillar confirmed to North American Mining in late February that it has made a preliminary deal to exit longwall mining and divest its longwall equipment arm to Hauhinco. The deal is subject to the negotiation of a final agreement, and no financial details are available. The transaction, a spokesperson told NAM, is expected to be completed during the third…

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