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 ESCO News

 
  • January 2, 2014
    ESCO Corporation announced it has acquired Stabiltec Downhole Tools LLC, a unique manufacturer of specialty drilling tools for the oil and gas industry. This acquisition complements ESCO’s growing Oil & Gas Division, bringing an additional 96 people into the organization.
  • October 1, 2013
    ESCO has continued to grow its footprint in Australia since 2010. The new Adelaide presence, which leverages the expertise and personnel from Mine & Quarry Service Co, marks ESCO’s eighth supply and service location in Australia providing quality products and services to mine and quarry customers.
  • September 10, 2013
    ESCO Corporation announced today the delivery of a custom UltraHaul™ truck body to Cloud Peak Energy, a leading Powder River Basin coal mining company and longtime ESCO customer headquartered in Wyoming.
  • June 6, 2013
    ESCO Corporation announced today that Jon Owens has been named Executive Vice President and will oversee two of the company’s three divisions, Mining and Construction & Industrial.
  • June 3, 2013
    Johannesburg, South Africa — ESCO Corporation, a leading global provider of wear parts and attachments for the mining and infrastructure industries, announced today that its Wear Management suite of products and services is available at its new supply and service site in Middelburg, South Africa.
  • May 21, 2013
    ESCO Corporation announced today that after careful consideration it has independently decided to remain a private company and will not proceed with an initial public offering (IPO).
  • May 13, 2013
    ESCO Corporation, a leading global provider of wear parts and attachments for the mining, construction & industrial and oil & gas industries, has promoted Eric Blackburn to Senior Vice President, Corporate Development and the ESCO Business System (EBS).
  • January 25, 2013
    Nemisys™, ESCO Corporation’s state-of-the-art mining lip system, has won Mining Magazine’s 2012 Surface Mining (Soft Rock) Award. The annual award recognizes outstanding new technologies and innovative applications in the mining industry.
  • January 18, 2013
    ESCO commissioned ECONorthwest, a Portland-based consulting firm, to conduct the economic study using 2011 business results. ESCO leaders chose the Portland site for this study because it is home to ESCO’s global headquarters and, with two foundries in the area, it is the company’s largest operation.
  • January 14, 2013
    ESCO Corporation announced today that its Northgate, Queensland foundry is closing, effective immediately. Subject to a period of consultation, it is expected that up to sixty-nine positions will be lost as a result of the closure.
  • December 28, 2012
    ESCO Corporation, a leading global provider of wear parts and complementary services for the mining, oil & gas, and infrastructure industries, announced today that it has successfully closed on its previously announced definitive agreement to sell Turbine Technologies Group to Consolidated Precision Products Corp. (CPP). Terms of the transaction were not disclosed.
  • Dec. 20, 2012
    ESCO Corporation announced today that it has acquired Brazier Mine Construction in a strategic asset purchase that significantly increases ESCO’s on- and near-site service offering in the Powder River Basin. The acquisition includes the company’s field service equipment fleet and four fabrication and service locations.
  • November 28, 2012
    The Balikpapan location will bring a high level of customer service and innovative products to this expanding market in Indonesia.
  • August 31, 2012
    Ulterra designs and manufactures polycrystalline diamond compact drill bits used in the construction of oil and gas wells. The acquisition of Ulterra provides ESCO with entry into the oil and gas industry and complements ESCO’s existing businesses in the development of wear solutions.