Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
India’s Vulcan Industrial Engineering Co (VIECL) and L&H Industrial of Gillette, Wyoming, USA, both claiming to be “leaders in engineering services and products for the global mining industry,” have launched Velocity International, a US based organization that will produce mining machinery, spare parts and equipment accessories that are primarily used in high volume global mining operations. Headquartered in Lake Forest, Illinois, Velocity has put together a team of industry experts with extensive international experience that will sell and service high quality mining equipment through its worldwide dealer network. (more…)