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Latest W.M. Kelley News
Jan 13, 2021
Kelley acquires Lauyans & Co. Lauyans & Co. provides engineered products, overhead conveyors and permanent magnets. W. M. Kelley Co. Inc., New Albany, Indiana, has acquired Louisville, Kentucky, based Lauyans & Co. Inc. Lauyans & Co., established in 1986, is an engineering and manufacturing company providing conveyor systems and permanent magnet solutions, while W.M. Kelley has more than 50 years of experience designing and manufacturing material handling equipment, custom metal fabrication components and complete assemblies. According to a news release from W.M. Kelley, Lauyans & Co. will continue to provide engineered products, overhead conveyor and permanent magnet solutions while concentrating on customer satisfaction. Through the acquisition, W.M. Kelley says it will be better equipped to serve its customers' design and fabrication needs. Employees of Lauyans & Co. who are joining the W. M. Kelley family will share in its employee ownership and will continue to operate out of the acquired facility at 2929 W. Chestnut St. in Louisville. Settlement will end strike at UBC-consuming aluminum mill in Muscle Shoals, Alabama. The United Steelworkers (USW) says members of USW Local 200 have ratified a new, five-year collective bargaining agreement that ends the strike at a Constellium aluminum production facility that consumes used beverage containers (UBCs). Roughly 400 members of Local 200 began returning to work on Tuesday, Jan. 12, according to the union. The strike began on Dec. 15, 2020, according to an earlier USW announcement. “Our solidarity provided the protection that was able to be achieved, and we look forward to working with this strong and vibrant, engaged membership in the future,” says USW District 9 Director Daniel Flippo. Funding round intended to spur copper-intensive electric vehicle charger installations. Munich-based Jolt Energy GmbH says it has engaged Ireland-based Apricum to advise and manage a funding round designed for “raising growth capital to bring high-power charging to urban areas where 70 percent of drivers live.” Jolt says it has principally been funded through private placements during the last three years, but additional funding can be used to accelerate the growth of the company as it launches its ChargeMyCity campaign to finance and install 500 high-power chargers in 50 cities in 500 days. Jolt also says it has recently concluded an agreement with United Kingdom-based EG to install chargers at EG’s ESSO branded service stations, starting in Southern Germany. The Washington-based International Copper Association says electric vehicle (EV) chargers can contain from 1.5 to 17.5 pounds of copper each, depending on the size and wattage. “We’re very excited to work with Apricum on this funding project,” says Maurice Neligan. CEO of Jolt. “We’re at the beginning of an e-mobility revolution led by Tesla’s success. Apricum’s expertise in the area of cleantech fund raising will be key to Jolt’s growth strategy.” “Jolt’s leading-edge approach to deploying high-power charging infrastructure in cities represents a very compelling investment case, and we look forward to finding suitable partners through our extensive global network,” says Florian Mayr, partner at Apricum. Texarkana, Arkansas-based Tri-State Iron & Metal Co. (TSIMCO) has expanded its Pickers Self-Service Auto Parts business unit by acquiring auto salvage firm A-1 Auto Parts, which also is in Texarkana. A news item posted to the Texarkana Gazette website in mid-January describes A-1 Auto Salvage as a used auto parts provider, and after the acquisition Tri-State’s Pickers subsidiary “will handle the customer base of A-1 Auto Salvage.” The newspaper reports the deal was concluded in early January, and quotes TSIMCO director of divisions Johnny Nonmacher as saying, “With this acquisition, we will be expanding capacity at Pickers Texarkana and TSIMCO for the additional volume of materials.” TSIMCO operates an auto shredding yard in Texarkana. TSIMCO will continue to operate the four Pickers locations in Texarkana; Shreveport, Louisiana; and Longview and Reno, Texas. The Gazette says the A-1 property will be offered for sale. E-scrap recycler Sims Lifecycle Services (SLS) says it has been listed for the third time as a Representative Vendor in the “Market Guide for IT Asset Disposition (ITAD)” maintained by Stamford, Connecticut-based Gartner Inc. West Chicago, Illinois-based SLS says it also was recognized as a Representative Vendor in the 2016, 2018 and 2020 Gartner reports. The “Market Guide for ITAD” report is designed to help IT decision makers identify the right ITAD processes and vendors for their requirements, says SLS. Representative Vendors listed are all identified to provide readers with an overview of the market and its offerings. One recommendation is choosing a global, sole-source supplier, says SLS. The company says it is one of two ITAD providers with the ability to deliver that service. According to Gartner, an advantage of working with a single vendor includes the ability to receive services “from large global players like Ingram Micro and Sims Lifecycle Services, who deliver much of their ITAD processing services through facilities that they own and operate.” “I continue to see an accurate representation of the industry, reflecting the quality of the research done, and we believe being named by Gartner as a Representative Vendor reinforces our solution’s value to our global clients,” says Sean Magann, chief commercial officer at SLS. “In our opinion, Gartner continues to be an indispensable tool to help IT executives make informed decisions regarding their data center hardware life cycle and ITAD programs.”
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