April 2008

  BUSINESS/ORGANIZATIONAL BRIEFS

Copart acquires United Kingdom salvage business

Copart, Inc., a processor and marketer of salvage vehicles headquartered in Fairfield, California, announced they have reached a definitive agreement to acquire Simpson Bros. Salvage. Simpson Bros. Salvage is located in Stamford Bridge, York in the United Kingdom.

This acquisition will mark Copart’s 11th facility in the UK. The acquisition is to be completed by early April.

Abanaki buys Aerodyne Development Corp.

Abanaki Corporation, a manufacturer of industrial oil skimmers, has purchased Aerodyne Development Corporation, which manufactures dust collection systems equipment and solid material handling components.

Abanaki Corporation purchased Aerodyne Development Corporation as part of Abanaki’s plan for growth in the solid materials handling market, said Abanaki president, Tom Hobson.

Aerodyne Development Corporation, headquartered in Chardon, Ohio, manufactures products for separating particles from air and liquid, including dust collection system equipment for foundries, quarries and other large-scale operations, as well as material handling valves used in such collection processes.

Nucor to acquire Metal Recycling Services, Inc.

Nucor Corporation announced that it has signed a purchase agreement to acquire substantially all the assets of Metal Recycling Services, Inc. (MRS) based in Monroe, North Carolina.

MRS, founded in 1999, operates a full-service processing facility including an automobile shredder and two North Carolina feeder yards. MRS employs 150 people and expects to process 220,000 tons annually. The acquisition is expected to close within 30 days subject to the completion of due diligence and other closing conditions.

Alter Trading acquires Doggett Auto & Truck

Alter Trading, headquartered in St. Louis, Missouri, announced its acquisition of Mississippi-based Doggett Auto & Truck Salvage in February 2008.

Alter is a processor of scrap metal and currently employs 815 people. The acquisition of Doggett Auto & Truck Salvage will enable Alter to secure a valuable scrap resource for customers and will ensure continued growth in the southern United States.

Doggett Auto & Truck Salvage, located in Laurel, Mississippi, was founded by Jerry Doggett in 1977; he owned and operated the facility for the past 30 years. In the past, Doggett only accepted cars and trucks, but will now buy and process all grades of ferrous and non-ferrous metals.

Doggett Auto & Truck Salvage will now be known as Doggett Recycling – A Division of Alter Metal Recycling. Jerry Doggett will continue to be actively involved in the business. Cody Waite, formerly the facility manager at Alter’s Norfolk location, will serve as the facility manager of Doggett Recycling. Jerry Jones, area manager of marketing, will continue to oversee all commercial aspects of the southern region.

City Carton Recycling promotes Mike Sage

Mike Sage, Prophetstown, Illinois has been promoted to facility manager for City Carton Recycling’s Quad Cities facility, located in Davenport, Iowa.

Sage oversees all operations of the Quad Cities recycling facility. He is responsible for implementing products and services marketing plans for the plant, with goals to maximize customer service, vendor relations, sales, and profits. Sage is also responsible for plant building needs, equipment needs, and personnel. He reports to City Carton Recycling’s vice president of sales and marketing, Brian Holtz, Eldridge.

Sage has over 35 years experience in management and supervision. He joined City Carton Recycling in October 2004 as the Quad Cities facility assistant manager.

Caterpillar plans to meet emissions requirements

Building on the success of its ACERT Technology, Caterpillar, Inc. has announced its plans to meet Tier 4 emissions requirements. System design will be tailored to optimally meet customer needs in each application and horsepower range.

Caterpillar construction and industrial mobile equipment engines, including those sold to industrial OEM customers, will not utilize selective catalytic reduction to meet upcoming EPA Tier 4 Interim, European Stage IIIB and Japan MLIT Step 4 mobile off-highway emissions regulations that take effect in the year 2011. Caterpillar Tier 4 engine systems will be equipped with particulate matter after-treatment technology, including oxidation catalysts and diesel particulate filters with advanced regeneration systems that will optimize uptime, fuel efficiency and operator convenience.

Precision Husky names regional sales manager

Jon Littler has been appointed regional sales manager for the Pacific Coast and inter-mountain states for Precision Husky Corporation.

Jon Littler has previous experience of the area and extensive knowledge of grinding equipment.

Sennebogen appoints regional sales manager

Constantino Lannes, president of Sennebogen America, announced the appointment of Anthony Laslavic as the company’s regional sales manager serving the northeastern region of the United States.

Based in Pittsburg, Pennsylvania, Laslavic will provide factory sales support to Sennebogen distributors and customers throughout the territory from Pennsylvania to Delaware, and north to Maine.

Anthony Laslavic comes to Sennebogen with extensive experience in industrial and technical sales, including five years with the industry’s largest crane manufacturing and service organization.”

Fastenal partners with Call2Recycle

The Rechargeable Battery Recycling Corporation (RBRC) and Fastenal, a full-line industrial distributor and distributor of fasteners, announced a new partnership that integrates RBRC’s recycling program, Call2Recycle™, into more than 1,900 Fastenal stores throughout the United States.

Beginning this month, customers can drop off their used rechargeable batteries and old cell phones in designated Call2Recycle collection boxes in participating Fastenal stores. The rechargeable batteries collected will then be sent back to RBRC’s recycling facility for proper disposal at no cost to the consumer, or to Fastenal.

Nucor finalizes acquisition of The David J. Joseph Co.

Nucor Corporation has completed the acquisition of the stock of SHV North America Corporation, which owns 100% of The David J. Joseph Company (DJJ) and related affiliates, for a purchase price of approximately $1.44 billion. The David J. Joseph Company is now a wholly owned subsidiary of Nucor Corporation and will maintain its headquarters in Cincinnati, Ohio. Nucor expects the acquisition to be accretive in 2008.

Universal Bioenergy appoints Craven as CEO

Universal Bioenergy, Inc. announced that Dr. Richard D. Craven has been appointed as chief executive officer and a member of the board of directors of Universal Bioenergy, Inc.

Dr. Richard D. Craven has 14 years experience in business management and more than 9 years experience in marketing. For the last decade, Dr. Craven has been involved in research and development of alternative energy, emphasizing biodiesel.

Prior to joining Universal Bioenergy, Dr. Craven worked as lead chemical researcher and developer at Antek Research, Inc., an environmentally-focused nonprofit research firm.

His research projects were aimed at optimizing and improving biodiesel reactions and production.

Primary Energy Recycling board member resigns

Primary Energy Recycling Corporation announced that it has received a February 29, 2008 letter from Brian T. Vaasjo tendering his resignation from the board of directors. The resignation was effective immediately.