TPT January 2007

Industry News

identified and targeted thousands of metal fabricating and welding technology users in the southeast region of the country that had never previously been to the event. Figures show that many of these users visited Fabtech & AWS 2006. On the first day alone, almost 9,000 people were in attendance at the event, delivering thousands of first-time metal forming, fabricating and welding buyers. The strategy to attract new buyers materialized with seven of the top 10 attending states coming from the southeast region, including Texas. In addition, confirming the wide regard for the event, an impressive number of buyers travelled to Atlanta from midwest states such as Ohio, Illinois and Michigan. According to FMA, many exhibitors have secured their exhibit space for the 2007 event in Chicago. Over 600 exhibitors have already reserved almost 400,000ft 2 of exhibition space. Fabricators & Manufacturers Association International (FMA) – USA Can-Eng acquires Gasmac Can-Eng Furnaces Ltd, Canada, has completed the acquisition of Gasmac Inc, an industrial furnace designer and manufacturer. The deal includes Gasmac’s engineering capability and spare parts. Gasmac’s industrial thermal processing designs include those of Wayne Forge, The Gas Machinery Company, Heat Engineering and Technology, and Scarborough and Grant. The company’s main product range includes aluminium stack melters and holders, infra-red process heaters, and custom designed batch and continuous heat treating furnaces. Can-Eng Furnaces will continue to provide Gasmac customers with a high level of support for aftermarket service, spare parts, field service and new industrial furnace equipment. The design and experience gained by the acquisition will allow Can-Eng Furnaces to provide a wider product range to both new and existing customers. Fax : +1 815 484 7701 Email : info@fmanet.org Website : www.fmanet.org

Southern success for first Fabtech in Atlanta

Fabtech International & AWS Welding Show 2006 – the first to be held in Atlanta, USA – was a tremendous success and attracted a high number of visitors, organisers say. With new markets and first-time attendees in evidence, the Fabricators & Manufacturers Association (International) reported over

21,000 visitors and 873 exhibitors covering 307,600ft 2 (net). The objective of the move to Atlanta was to reach outside the traditional US midwest and open up new markets and industries for exhibitors. FMA’s research had

fi With over 21,000 visitors, a large number of new exhibitors and visitors attended Fabtech from the southeast region

Management buyout at Davis-Standard Davis-Standard LLC, USA, has been acquired by its management and an investor group led by Hamilton Robinson LLC, a private equity firm. The acquisition both supports Davis- Standard’s strategy to expand its global converting and extrusion range, and owner Chemtura Corp’s decision to relinquish a non-core business to focus on its specialty chemical expertise. “Chemtura has been an excellent partner. We especially appreciate the support and counsel of Mr Bob Wood, Chemtura’s chairman and CEO as well as the guidance and advice of senior Chemtura executives Mr Greg McDaniel and Mr Arthur Wienslaw, who served ably on the Davis-Standard board of directors,” said Mr Charles Buckley, president of Davis-Standard LLC.

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Commenting on the merger, less than two years ago, of Davis-Standard and Black Clawson Converting Machinery Inc, Mr Buckley stated, “By any measure, the integration of these two companies has been a tremendous success and has paved the way for this transaction.”

The new ownership structure will continue

to be led by the existing Davis-Standard management team

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The new ownership structure will continue to be led by the existing Davis-Standard management team and the company’s financial strength will be preserved under the new capital structure. The management ownership ranks are not limited to just a few senior executives but include dozens of managers, and the company intends to offer the rewards of ownership to even more managers in the near future.

Can-Eng Furnaces Ltd – Canada Fax : +1 905 356 1817 Email : furnaces@can-eng.com Website : www.can-eng.com

Davis-Standard – USA Fax : +1 860 599 6258 Website : www.davis-standard.com

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J ANUARY /F EBRUARY 2007