Austin Engineering has received purchase orders for four haul truck trays from an undisclosed iron ore producer in India, potentially opening up a substantial new market opportunity for its Asia-Pacific business. Full story.
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Austin Engineering acquiring Mainetec
Australian-based Austin Engineering has inked a binding agreement to acquire fellow Australian company and equipment manufacturer Mainetec in a deal initially worth A$19.6 million. Under the deal’s terms, Austin will gain access to Maintec’s Hulk range of mining buckets and boost its customer base in its market areas. Additionally, Austin will offer Maintec’s dipper buckets to global markets, North and…
Read MoreRio Tinto, Austin Engineering ink hardware contract
Australian engineer Austin Engineering has signed a new five-year contract deal with miner Rio Tinto for products and services at the operator’s mines. Read full article from The Asia Miner.
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