Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canadian aluminum material handling and equipment firms, Mecfor, and Advanced dynamics have merged operations to form Epiq Machinery. 


Mecfor’s president, Eloise Harvey, will assume the role of chief executive officer of Epiq once the merger is finalized. SeaFort Capital, the holding company of Mecfor, will now become a majority shareholder in the new entity. 


Epiq is expected to have an initial annual revenue of C$55mn ($43.6mn) with three diverse customer segments–aluminum (primary and secondary), rail and pulp, and paper. 


Both Mecfor and Advanced Dynamics specialize in manufacturing aluminum and rail production equipment, while the latter also makes equipment for the pulp and paper industry. 



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