Hydraulics supplier Swanson Industries has acquired majority ownership of Tiefenbach North America, effective October 31. The company confirmed the deal November 4 but did not disclose financial details. Tiefenbach Control Systems (TCS) will retain minority interest in TNA. Established in 2000, West Virginia-headquartered Tiefenbach North America is a leading supplier of hose, fittings and hydraulic components for longwall systems to…
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