[INDUSTRY NEWS]
in the growth of the U.S. shale oil and gas boom that started around 2007, according to a recent Reuters article. Data provided exclusively to Reuters by data firm Drilling Info Inc. showed 4,520 new well permits were approved in November, down from 7,227 in October. The pullback was a “very quick response” to U.S. crude prices, said Allen Gilmer, chief executive officer of Drilling Info. y
ICUEE 2015: AGC partnership brings new education, exhibits pavilion
> The Demo Expo announces co-location of the AGC Utility Infrastructure Conference with the 2015 exposition. AGC (the Associated General Contractors of America) will also organize the AGC IT and Business Solutions Pavilion at the show. The biennial ICUEE (the International Construction and Utility
Equipment Exposition) will be held September 29–October 1, 2015, at the Kentucky Exposition Center in Louisville, Kentucky. The AGC conference will bring together contractors and related businesses involved in every aspect of utility and infrastructure construction to learn the latest trends shaping the industry, discuss issues affecting the market, and to learn what AGC is doing legislatively and how individuals can get involved. y
Commercial Group Expands with the Acquisition of Hessville Cable & Sling
> Commercial Group Lifting Products, headquartered in Taylor, MI, has completed its acquisition of Hessville Cable & Sling, located in Gary, IN. Hessville, founded in 1960, is a full-service fabricator of rigging and lifting products, including welded chain slings and custom lifting devices. The acquisition of Hessville will allow Commercial Group to expand its geographic reach to better serve customers throughout the Midwest. y
Van Beest USA Secures ISO 9001:2008 Approval From Lloyd’s Register Quality Assurance
> Van Beest USA, the leading supplier of Green Pin® shackles, Excel® hooks, and other chain and wire rope fittings, has received ISO 9001:2008 certification from Lloyd’s Register Quality Assurance Ltd (LRQA). The approval from the international certification body confirms Van Beest’s quality management system meets the requirements of the ISO standard. y
The Manitowoc Company Announces Execution of Senior Management Succession Plan
> The Manitowoc Company, Inc. recently announced several management team transitions in line with the company’s long-term succession planning process. Eric Etchart, who has served as president of Manitowoc Cranes
for the past nearly eight years, will move to a new role as senior vice president, business development of The Manitowoc Company effective immediately. Larry Weyers will succeed Mr. Etchart as president of Manitowoc Cranes. Mr. Weyers has most recently served as global executive vice president for Manitowoc Cranes. Since joining the company in 1998, he has held various executive management positions at Manitowoc, including executive vice president of Crane Care. “Eric has played an integral role in enhancing Manitowoc’s leadership
globally. His leadership has helped position the Crane segment as a market leader evidenced by the segment’s ability to deliver innovative products and technologies, execute operational excellence initiatives and expand its global footprint. In his new role, Eric will leverage his multi-faceted expertise and understanding of our customers to expand our business development efforts at an enterprise level. With a planned retirement in the coming years, this transition will allow him to replicate his successes going forward,” commented Glen Tellock, chairman and chief executive officer of The Manitowoc Company. “At the same time, we are pleased to announce the appointment of
Larry Weyers to segment president of Manitowoc Cranes. Mr. Weyers’ proven leadership, deep knowledge of the global crane market, and ability to execute on operational goals will undoubtedly support our Crane segment’s ongoing success.” In addition, Manitowoc has announced the planned retirement of
Mark Beffel, vice president, operational excellence effective February 2. Josef Matosevic will assume the role of senior vice president of global operational excellence of The Manitowoc Company and will lead the company’s manufacturing, quality, and safety initiatives upon Mr. Beffel’s retirement. y
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JANUARY-FEBRUARY 2015
WIRE ROPE EXCHANGE
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