Displaying items by tag: HWI

France: Calderys Group says that it has successfully implemented technology sharing between US-based HWI and Calderys, following their integration in February 2023. In the past 12 months, the group has transferred select Calderys products to HWI in the Americas and introduced HWI products in Europe, the Middle East and Africa and Asia-Pacific. The refractories supplier says that the collaboration offers customers an enhanced product range.

Calderys Group president and CEO Michel Cornelissen said "The past 12 months have been exciting, demanding and very productive for our newly-formed group. The combination brought together two dynamic businesses with complimentary product ranges and created the opportunity for technology sharing and cooperation for the benefit of the world's high temperature manufacturing sectors. I am delighted that we are already seeing great results. Throughout 2024, we will continue to add to, and update, our product portfolios.”

US: Calderys-subsidiary HWI has highlighted upgrades it has undertaken in 2023. This has included upgrading plant production software, increasing capacity at the White Cloud plant in Michigan, the Lowellville plant in Ohio and the Thomasville plant in Georgia, and adding new equipment at sites in Ohio and Missouri. Additional investment projects are planned for 2024.

Ross Wilkin, Calderys Senior Vice President of Americas, said, "In less than a year under new ownership and since combining with Calderys, we've successfully integrated our Americas operations with the former Calderys operations in the US and in Brazil, enhanced our products and services portfolio for customers, and completed massive investments in our manufacturing facilities. We are well-positioned for the future."

Private equity investment company Platinum Equity completed its acquisition of Calderys from Imerys in January 2023. It then purchased HWI in February 2023.