spot_img

Nigeria to open two...

Nigeria is set to launch two significant lithium processing facilities this year, signaling...

Hexagon Electrical plays an...

Hexagon Electrical has expanded its manufacturing and service capabilities to meet growing demand...

TOMRA Mining LASER technology...

Vertex Minerals (ASX: VTX) is revolutionizing gold processing at its Hill End project...

Africa is early adopter...

An African mine will be among the first adopters of the innovative Rail-Running...
HomePETROCHEMICALSHayward Tyler acquires...

Hayward Tyler acquires Slack & Parr assets from administration

lack & Parr is a family-owned manufacturer of specialist pumps and a supplier of high-precision gear metering pumps, hydraulics flow dividers and industrial pumps to customers around the world. Founded in 1917, Slack & Parr operates from a 64,000 sq ft state-of-the-art manufacturing facility in Kegworth, Derbyshire, UK. The business also has facilities in Charlotte, North Carolina, USA and Shanghai, China. The acquisition has secured the employment of 100 skilled employees.

Slack & Parr entered into administration on 3 July 2023, following ongoing losses and funding issues.

“We are pleased to have completed this acquisition, which brings another globally-respected, British heritage brand under the direction of the Avingtrans team,” said Austen Adams, divisional managing director at Avingtrans. “The sorts of challenges this business has faced are familiar to us and we are experienced in resolving them, having successfully turned around other businesses under similar circumstances. Slack & Parr’s global footprint, combined with its well-invested operational capability, powerful brand, highly skilled workforce and large installed base provide a great opportunity to re-establish the business on a firm footing going forward.”

Edward Barrington, managing director of Slack & Parr, added: “We are delighted to be part of Avingtrans and eagerly anticipate the opportunities this partnership will unlock for the business. Together, we are confident we can build on our heritage of precision engineering and continue to provide our clients with the quality and reliability they have come to expect from us.”

Get notified whenever we post something new!

Continue reading

Nigeria to open two lithium processing plants

Nigeria is set to launch two significant lithium processing facilities this year, signaling a major shift from exporting raw materials to developing in-country value chains. According to Mining Minister Dele Alake, this move is designed to stimulate job creation,...

Hexagon Electrical plays an important role in the motors sector across Southern Africa

Hexagon Electrical has expanded its manufacturing and service capabilities to meet growing demand for customised, high-performance specialised electric motors in heavy engineering, hazardous industrial and mining applications. The company – which is based in Brakpan, Gauteng – specialises in both...

TOMRA Mining LASER technology changes the way things are done in gold processing

Vertex Minerals (ASX: VTX) is revolutionizing gold processing at its Hill End project in New South Wales by integrating TOMRA Mining’s advanced LASER ore sorting technology. This strategic move enhances operational efficiency and aligns with Vertex’s commitment to environmentally...
spot_img