Engineering and manufacturing company CR has bought the underground mining business of specialised Bendigo steel casting company Keech Castings.
CR, formally known as CQMS Razer, will acquire Keech’s business in underground ground engagement tools including customer contracts, mining products and all associated Intellectual Property.
The acquisition includes Keech’s UGET WearPact, ArmourBlade & new SNRG product lines which are made of hardened steels to improve wear characteristics.
Keech has been designing and manufacturing high integrity steel castings for over 85 years for leading mining companies here and overseas.
As well as ground engaging tools, the company also manufactures tillage implements, rolling stock components and custom casting products which are not part of the sale.
The acquisition is a strategic move by CR to create a complete ground engaging tools technology offering for both open-cut and underground mining activities.
CR CEO John Barbagallo said: “Keech has a very strong reputation in underground mining as a supplier of innovative and well-engineered products which will be additive and highly complementary to CR’s range.
“The investment will broaden CR’s product offering, increase our technology and solutions footprint, and enhance our customer outcomes.”
CR is a dual headquartered global business based in Australia and the United States.
The company has factories in Australia and China, and a Global Technology Centre located in Queensland, Australia.
Its product range includes hydraulic excavator cast lip systems, load haul optimisation software systems, dragline buckets, ground engaging tools, dragline rigging, conveyor systems and fixed plant wear products.
Picture: Keech Castings
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