Kadant Completes Cogent Purchase
“The addition of Cogent to the Kadant family significantly increases our ability to deliver automation and plant-wide technology solutions to process industries,” says Jeffrey Powell, president and CEO of Kadant Inc.
Cogent Industrial Technologies Ltd. is based in British Columbia, Can. The company has established a reputation as a leader in industrial technology solutions, offering expertise in process technology integration, industrial automation and controls, industrial safety, project management and operational performance management systems.
Latest News
Arauco Considers Plant In Mexico
Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double…
West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Idaho Producers Supply Mass Timber Arena
Industry stakeholders of all types worked to supply materials for the recently opened ICCU Basketball Arena at the University of Idaho in Moscow. The 4,000 seat facility, which opened in October 2021, incorporates several innovative mass timber elements across some of the longest spans in the country. Designers and engineers…
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