360° Coverage : Swanson Industries and AEA Investors LP Complete Equity...

11 Updates

Swanson Industries and AEA Investors LP Complete Equity Investment in Jarvie Engineering

Feb 6 2014, 1:34pm CST | by

Morgantown, WV, February 06, 2014 --(PR.com)-- AEA Investors LP (www.aeainvestors.com); via its investment in Swanson Industries (www.swansonindustries.com) is pleased to announce that it has...

Filed under: news

YouTube Videos

 
 
 

36 weeks ago

Swanson Industries and AEA Investors LP Complete Equity Investment in Jarvie Engineering

Feb 6 2014, 1:34pm CST | by

Morgantown, WV, February 06, 2014 --(PR.com)-- AEA Investors LP (www.aeainvestors.com); via its investment in Swanson Industries (www.swansonindustries.com) is pleased to announce that it has added Jarvie Engineering (www.jarvie.com.au) to its portfolio of investments. AEA/Swanson will provide additional resources to expand and invest in Jarvie’s existing facilities while also taking advantage of the many growth opportunities available to the company.

AEA/Swanson, along with retained senior management personnel at Jarvie, will continue to address and support the long standing range of quality support of products and service offerings provided by Jarvie as well as bolster and expand upon the significant synergies between Swanson Industries and Jarvie Engineering. The histories of Swanson Industries and Jarvie Engineering are very similar having run a similar path and the combined efforts of the companies make a very natural combination to expand the provision of commonly shared engineered products and services to a wider, international customer base. With this new partnership, Swanson Industries and Jarvie Engineering are poised to maintain and improve the same quality and services its customers have grown to expect well into the future.

The Jarvie family and its employees have built a tremendous legacy of support for its customer base and AEA/Swanson plans to expand on that legacy and build upon the legacy.

“The combination of Jarvie Engineering with our Swanson Industries business is such a natural fit that the sharing of resources, practices and knowledge is assured to improve our combined ability to support our customers,” said Bill Gibson SVP of Swanson Industries Mining Group. “We are very excited about our path forward with Jarvie Engineering as our partner in Australia and words cannot express the value of the legacy of the Jarvie family and the importance we place on its support of the customer base and the company they built.”

“The entire team at AEA/Swanson is excited to partner with the management team of Jarvie Engineering to continue the growth and expansion of this long-standing industry leader,” said William Roller, CEO Swanson Industries. “We are impressed with the business that management has built and plan to support Jarvie through AEA/Swanson’s experience in the industrial sector and our global footprint, operating resources and access to capital.”

“We are excited to combine our resources with Swanson Industries and look forward to building the future together,” said Paul Pittard, General Manager Jarvie Engineering.

About Swanson Industries

Swanson is a leading provider of hydraulic cylinder aftermarket repair and remanufacturing, new hydraulic cylinder manufacturing, and related product distribution services to the underground mining, off-highway, and offshore oil and gas markets. Additional information is available at www.swansonindustries.com.

About AEA Investors LP

AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA’s active individual investors (the “Participants”) include an extraordinary network of more than 75 highly successful business executives, industrial families and former government leaders. Today, AEA’s over 60 investment professionals operate globally with offices in New York, London, Munich, Hong Kong and Shanghai. The firm manages funds that have over $6 billion of invested and committed capital including the leveraged buyouts of middle market companies and small businesses and mezzanine and senior debt investing. AEA Private Equity invests across four sectors: value added industrial products, specialty chemicals, consumer products / retail and services. Additional information is available at www.aeainvestors.com.

Contact Information:
Swanson Industries
Steven Weidenmuller
304-284-5100
Contact via Email
www.swansonindustries.com

Read the full story here: http://www.pr.com/press-release/541204

Press Release Distributed by PR.com

Source: PR.com

 
Update
11

8 minutes ago

Amy Hoak's Home Economics: 5 real estate mistakes retirees make

Oct 20 2014 4:00am CDT | Source: MarketWatch

Whether they’re downsizing, relocating to a different community or making renovations to an existing home, it’s easy for retirees ...
Source: MarketWatch   Full article at: MarketWatch
 

 
Update
10

6 hours ago

Pre-market: Oil shares in focus after gas price hike

Oct 19 2014 10:00pm CDT | Source: Business Standard

Markets will open higher today led by oil shares after the government announced diesel price deregulation and th ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
9

13 hours ago

Boost for ONGC but RIL will have to wait

Oct 19 2014 2:15pm CDT | Source: Business Standard

The market believes ONGC and OIL would be the biggest beneficiaries of diesel price deregulation and the gas price ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
8

14 hours ago

Tata JLR plans factory in US

Oct 19 2014 1:45pm CDT | Source: Business Standard

Tata Motors-owned Jaguar Land Rover (JLR) is working on an ambitious plan to set up a factory in the US, in a first for a British car maker in the world's second-biggest automobile market.The west Midlands-based luxury carmaker is reportedly ta ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
7

15 hours ago

Thousands of Walkers Turn Washington Park in Albany Pink for Breast Cancer

Oct 19 2014 12:44pm CDT | Source: Your News Now - Capital Region

The Making Strides Against Breast Cancer Walk raises money for education, research and most importantly awar ...
Source: Your News Now - Capital Region   Full article at: Your News Now - Capital Region
 

 
Update
5

5 days ago

Rio tells investors to expect cash

Oct 14 2014 11:57pm CDT | Source: NEWS.com.au

RIO Tinto looks committed to returning extra share to shareholders as it tries to fend off criticism from WA's premier and wo ...
Source: NEWS.com.au   Full article at: NEWS.com.au
 

 
Update
4

5 days ago

Vodacom targets growth of data

Oct 14 2014 11:17pm CDT | Source: Business Day

The company is spending R9bn to expand and upgrade its network with the aim of having a faster broadband network everywhere the ...
Source: Business Day   Full article at: Business Day
 

 
Update
3

5 days ago

Energy fund’s irregular spending soars

Oct 14 2014 10:59pm CDT | Source: Business Day

The auditor-general recommends the Central Energy Fund’s board comply with relevant legislation, and establish an independent review system of the tr ...
Source: Business Day   Full article at: Business Day
 

 
Update
2

5 days ago

Great Northern mill auction delayed one week

Oct 14 2014 9:49pm CDT | Source: Sun Journal

EAST MILLINOCKET — A court-approved auction of Great Northern Paper Co.’s real estate and buildings originally set for Wednesday will be delayed a week while a bankruptcy trustee works to untangle the mill’s complex ownership structure, officials said Tuesday. Acting on ... ...
Source: Sun Journal   Full article at: Sun Journal
 

 
Update
1

5 days ago

Labor Unions Endorse Democrat For Pennsylvania Governor

Oct 14 2014 8:36pm CDT | Source: The Daily Caller

See how much money they are spending on the r ...
Source: The Daily Caller   Full article at: The Daily Caller
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

How to prevent brain damage after trauma
New York, Oct 20 (IANS) A treatment to prevent the body's immune system from killing brain cells can reduce the brain damage caused by head injuries, a study co-authored by an Indian origin researcher has found.
 
 
Heart attack ups depression risk in women
London, Oct 20 (IANS) Women are at a higher risk of developing anxiety and depression after a heart attack than men, new research shows.
 
 
Vitamin B12 could detoxify pollutants
London, Oct 20 (IANS) Looking at how certain organisms manage to lower the toxicity of pollutants, researchers have discovered that vitamin B12 could be the key to combating pollution.
 
 
'More electricity access in India entailed small climate impact'
London, Oct 20 (IANS) Brushing aside apprehensions about India's growing energy consumption, researchers have found that improving household electricity over the last 30 years in India contributed only marginally to the growth of the nation's total carbon emissions.
 
 
 

Latest from the Network

1,074 new dengue cases in Chinese province
Beijing, Oct 18 (IANS) China's Guangdong province has reported 1,047 new cases of dengue fever, health authorities said Saturday. Six people have already died in Guangdong -- five in Guangzhou and one in adjacent...
Read more on Business Balla
 
Blake Lively 'always' wanted to be mum
Blake Lively has ''always'' wanted to be a mother. The 27-year-old actress is expecting her first child with husband Ryan Reynolds and she admits she's been dreaming of this moment since she was a youngster. Speaking...
Read more on Celebrity Balla
 
Kris Jenner 'torn apart' by Bruce's new relationship
Kris Jenner feels ''torn apart and angry'' that Bruce Jenner is dating her former assistant. The 58-year-old matriarch split from the 64-year-old Olympic gold medalist last October following 22-years of marriage but is...
Read more on Celebrity Balla
 
Cheryl Fernandez-Versini won't move to France
Cheryl Fernandez-Versini doesn't want to move to her husband's home country of France. The 'X Factor' judge, 31, who comes from Newcastle, is adamant she won't be relocating any time soon to suit her new spouse Jean-...
Read more on Celebrity Balla
 
Lance Bass sets wedding date
Lance Bass has set a date for his wedding. The former *NSYNC singer and his partner Michael Turchin, who have been dating for two-and-a-half years, are to tie the knot on December 20, 2014, a representative for the...
Read more on Celebrity Balla
 
Nepal avalanche toll reaches 39
Kathmandu, Oct 18 (IANS) At least 39 climbers died while hiking on a key Nepali route after it was hit by a major snowstorm and avalanches earlier this week, BBC reported Saturday citing officials. Over 350 stranded...
Read more on Politics Balla
 
Jake Gyllenhaal says society is complicit in 'nightcrawling'
Jake Gyllenhaal says almost everybody in society ought to relate to his new movie 'Nightcrawlers'. The eagerly-awaited film concerns those people who monitor police scanners and then race to crime scenes to film eye-...
Read more on Movie Balla
 
India eves look for first win in AFC U-16 qualifiers
Dhaka, Oct 18 (IANS) India will hope to register their first win of the 2015 Asian Football Confederation (AFC) Under-16 Women's Championship qualifiers when they take on hosts Bangladesh in a crucial encounter at the...
Read more on Sport Balla
 
Moyes mulling return to management
London, Oct 18 (IANS) Former Manchester United manager David Moyes said that he is ready to revive his managerial career six months after being sacked by the 'Red Devils'. "I am ready to return. I have enjoyed the...
Read more on Sport Balla
 
Ebola fears loom over Ghana hosting AFCON
Accra (Ghana), Oct 18 (IANS) The Ghana Medical Association (GMA) cautioned the government Saturday against hosting the 2015 African Cup of Nations (AFCON), despite a request by the Confederation of African Football (...
Read more on Sport Balla