Global mining technology provider Weir has entered into a binding agreement to acquire U.S.-based Townley Engineering and Manufacturing Co. and Townley Foundry & Machine Co. for US$150 million. The deal will strengthen Weir’s market channels and manufacturing footprint in North America, including in the phosphate market. Townley, a provider of mining wear and abrasion solutions, has a foundry and urethane…
Read MoreWeir expands NA footprint with Townley deal
