News Article | December 15, 2016
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today that Kenneth W. Krueger has been elected to its Board of Directors. Mr. Krueger, age 60, currently serves as the Chairman of the Board of Manitowoc Company, Inc. He has been a member of the Manitowoc Board of Directors since 2004. From October 2015 until March 2016, he also served as Manitowoc’s interim President and CEO. Mr. Krueger served as Chief Operating Officer of Bucyrus International, Inc., a global manufacturer of mining equipment, from 2006 to 2009, having previously served as Executive Vice President from 2005 to 2006. Mr. Krueger also served as Senior Vice President and Chief Financial Officer of A.O. Smith Corp., a global manufacturer of water heating and treatment systems, from 2000 to 2005, and as Vice President, Finance and Planning for the Hydraulics, Semiconductor and Specialty Controls business segment of Eaton Corporation in 1999 and 2000. Mr. Krueger has served as a director of Douglas Dynamics, Inc. since 2012, and is currently chair of the audit committee. He also serves on the company’s compensation and nominating and governance committees. Albany International Chairman Erland E. Kailbourne said, “Ken has extensive experience in senior operations positions at publicly traded companies, including those with significant global manufacturing operations. This, combined with his deep background in finance and accounting, and his years of experience on public company boards, including in a number of critical leadership roles, bring additional depth and experience to the Board in these areas. I also expect that he will make a significant contribution to the Board’s oversight of the Company’s accounting and finance functions, as well as its internal controls over financial reporting. He is an ideal addition to our Board, and I take great pleasure in welcoming him as a new Director.” Albany International Corp. is a global advanced textiles and materials processing company, with two core businesses. Machine Clothing is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. Albany International is headquartered in Rochester, New Hampshire, operates 22 plants in 10 countries, employs 4,400 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.
News Article | November 4, 2016
The mining industry is expected to witness growth with a single digit CAGR over the next six years on account of the further expanding demand for metal and mineral commodities. Latin America accounted for about 8% of the global mining equipment demand in 2013 and its contribution towards global mining equipment sales was registered at 15% for the same year. The region serves as the prime destination for mining exploration and investment at a global level. The key reason which has accelerated the growth of the Latin American mining equipment market is the enhanced demand for the consumption of natural resources. Presently, the region produces about 45% of the global copper, 21% of the global zinc, 50% of the global silver and 26% of the global molybdenumproduction. In addition, foreign investment, especially from China, US, Canada and Australia, plays a significant role in the growth of the Latin American mining equipment market. Further, other operations such as the Panama Stock Operation (PSO), CSR activities, and introduction of next generation mining equipment such as Autonomous Haulage System (AHS) also serve as driving factors for the growth of the mining equipment market in Latin America. Among these, CSR activities primarily focus on rehabilitation and support programmes, promotion of healthy lifestyle and awareness programmes for the adoption of green technology. However, in the past few years, the mining industry and hence the mining equipment industry has been facing an economic crisis on account of the requirement for budget allocation in the maintenance of the mining industry and equipment, etc. Illegal mining operations at some locations and the risk associated with the mining industry serve as further constraints for the Latin American mining equipment industry.Surging demand and abundant availability of natural resources(including the world’s top three metal and mineral reserves of copper, zinc and silver rapid technological advancement, modernization of mining plants, stable legislations with a motivating legal environment, and the efficient budget allocation with aftermarket revenue generation will serve as opportunities for the development of the Latin America mining equipment market. Market segmentation of Latin American mining equipment can be done on the basis of equipment, application and countries. On the basis of equipment, the Latin American mining equipment market includes mineral processing equipment, surface mining equipment, underground mining equipment, mining drills and breakers, crushing and screening equipment, etc. On the basis of applications, the Latin American mining equipment market segmentation includes metal ore mining, coal mining and mineral mining. Chile, being the largest producer of copper, serves as a lucrative market for copper-based mining equipment. Colombia is an active exporter,and is the first Latin American coal-producing country alongwith the production of metals such as gold, silver and platinum and hence is the opportunistic market for the associated mining equipment market. On the basis of countries, the Latin American mining equipment market includes Argentina, Brazil, Mexico, Chile, Panama, Peru, Ecuador, Colombia, Paraguay, Uruguay, Bolivia and Venezuela. Chile is known for the adoption and introduction of advanced technologies such as autonomous haulage system. Peru is the reserve of key minerals and has been witnessing a surging demand for copper and hence the expansion of the associated mining equipment market. Brazil has an integrated approach for the production and sale of mining equipment. Panama has an active stock operation (PSO) for the support of the mining industry. In line with the positive future of the Latin American mining equipment industry, Peru and Chile are expected to receive double digit foreign investment in $ Bn in the next six years. Some of the prominent players of the global mining equipment market include Sandvik AB, Hitachi Construction Machinery, Komatsu Limited, Atlas Copco Ab Joy Global Inc. Breaker Technology, Astec Industries, Bucyrus International, Caterpillar Incorporated, China Coal Energy Company Limited, Tecpalsa, Tecmap, Tiesa and Igaretta. Among these, Komatsu Limited in the whole of Latin America, Tecpalsa in Colombia, Tecmap and Tiesa in Panama and Igaretta in Argentina are active players in the Latin American mining equipment market.
Bucyrus | Date: 2010-03-11
An automatic tensioning system for a chain drive system of a rock drill assembly is disclosed. A hydraulic cylinder is coupled to one end of the feed channel of a rock drill assembly. When pressurized hydraulic fluid is provided to the hydraulic cylinder, a plunger within the hydraulic cylinder pulls on a tensioner sprocket, which in turn provides tension to the chain of the chain drive system. This allows for a constant tension to be applied to the chain throughout a long duration of operation as opposed to a manually adjusted chain drive system in which the chain tension varies during operation in between manual adjustments.
Bucyrus | Date: 2010-03-09
A cam assembly is provided for adjustment of a drill feed guide wear pad. The cam assembly has an eccentric bushing with a shank portion extending circumferentially about a first axis and defining a bore along a second axis. The second axis is generally parallel and offset from the first axis. The bushing has a head portion extending from the eccentric bushing portion, with the bore extending though the head portion. The bushing is sized for insertion into an aperture of a drill feed guide wear pad, and is rotatable causing the shank portion to engage the aperture of the wear pad to provide a camming action to position the wear pad relative to a drill feed guide. The head portion is shaped to interact with a tool for rotating the bushing.
Bucyrus | Date: 2010-06-04
A drill system for use with a drill rod includes a support member, and a drill assembly movably associated with the support member and configured to be connected to the drill rod. The system further includes a centralizing device movably associated with the support member and configured to receive the drill rod. The centralizing device includes a movable jaw and a latch arm connected to the jaw and configured to move the jaw between an open position and a closed position for retaining the drill rod. Furthermore, the latch arm has a locking feature configured to hold the latch arm in a locked position to thereby hold the jaw in the closed position.
Bucyrus | Date: 2010-03-11
A breakout wrench for use with a rock drill string includes a frame adapted for mounting to a rock drill feed guide structure, and a sub-frame rotatably connected to the frame about a drill string longitudinal axis. The sub-frame supports a pair of jaw members adapted for radial movement towards and away from one another and to releasably engage a first section of a drill string. The breakout wrench also includes a clamping member supported by the rock drill feed guide structure. The clamping member is adapted to releasably engage a second section of the drill string spaced axially from the first section.
Bucyrus | Date: 2010-12-08
A rock drill system includes a rotatable carousal adapted to hold a plurality of drill rods. A carousal driver is in communication with the rotatable carousal. The carousal driver includes a driver gear and a driven gear. Both the driver gear and the driven gear are coated with a self-lubricating/anti-corrosive layer comprising a metal-containing composition and a fluorine-containing resin. The rock drill system also includes a rod gripper for positioning a drill rod under a rock drill. Another rock drill system of similar design is provided in which the rod gripper includes one or more pivot pins that arc coated with a self-lubricating/anti-corrosive layer comprising a metal-containing composition and a fluorine-containing resin.
Bucyrus | Date: 2011-02-14
An articulated pre-skimmer mount for a pre-skimmer associated with a drill bit feed unit comprises a feed mounting arm mounted to the drill bit feed unit. A first end is configured for attachment to the drill feed unit and a second end includes a cylindrical mounting shaft and an axial positioning plate. An intermediate arm has a first end comprising a cylindrical sleeve mounted thereto. The cylindrical sleeve has an inner cylindrical opening configured for sliding engagement with the cylindrical mounting shaft and a mating plate configured for locking, face-to-face engagement with the axial positioning plate. A second end comprises a pre-skimmer mounting assembly configured for attachment to the pre-skimmer, wherein an axial positioning plate and a mating plate are operable to disengage, for rotation of the intermediate arm about an axis of the feed mounting arm for alignment of the pre-skimmer.
Bucyrus | Date: 2010-06-02
A rock drill system includes a rotatable carousal adapted to hold a plurality of drill rods. A carousal driver is in communication with the rotatable carousal. The carousal driver includes a driver gear and a driven gear. Both the driver gear and the driven gear are coated with a self-lubricating/anti-corrosive layer comprising a metal-containing composition and a fluorine-containing resin. The rock drill system also includes a rod gripper for positioning a drill rod under a rock drill. Another rock drill system of similar design is provided in which the rod gripper includes one or more pivot pins that are coated with a self-lubricating/anti-corrosive layer comprising a metal-containing composition and a fluorine-containing resin.
News Article | October 29, 2016
This November, Beachside Rehab will host Give Recovery a Chance Everyday, a fundraising event that’s also designed to raise awareness about addictions treatment. The holidays and winter, in general, can be a difficult time for many, and this is especially true for people struggling with substance abuse. Not only is alcohol more readily available, but this time of year also comes with a great deal of financial stress, family pressure, and high expectations. The event will take place on Saturday, November 12, 2016, at 12 p.m. The goal of the event is twofold: to raise awareness about the help and treatment that’s available to addicts, and also to raise money that will provide financial assistance to low-income individuals who are in need of addiction treatment. As part of the awareness campaign, the event will kick off with a march through the town of Bucyrus, Ohio. Although it’s generally a small and quiet town, Bucyrus and the surrounding areas have recently seen a rash of heroin overdoses and drug-related fatalities. Addiction can strike anyone, anywhere, and at any time, and part of Beachside Rehab’s mission is to help educate people about this disease. During the event, there will also be live music from three bands, and Suburban Lanes has donated the use of their bowling alley. There will also be a raffle with a grand prize of a flat-screen television. There is a silent auction featuring a custom-made guitar from a local craftsperson, and there will be time dedicated for people who want to share their stories of recovery, and those who want to share the memory of a loved one they lost to addiction. In an effort to help those suffering from substance abuse, Beachside will also be giving away up to 20 scholarships for treatment donated by local rehab centers. Beachside is ensuring that the event will reach as wide an audience as possible by inviting area newspapers in towns such as Mansfield, Marion, Crestline, and Galion to cover the event. This way, anybody in the region who’s in need of addiction treatment will hear the message that they aren't alone, and that there is help available. After all, Beachside’s theme for the event is “We can and we will make a difference,” and they invite you to come and join the fight! For more information about Beachside Rehab's event click the link Give Recovery a Chance Everyday. To donate to the event or to be a scholarship donor, call Beachside directly at 888-671-9034. All donors will be thanked in the local paper.