The Great Lakes Towing Company announced recently that it has purchased the Wm. Plotz Machine & Forge Company. The acquisition includes all Plotz Machine’s assets and real estate. “The acquisition… Read More
Company News
The James Marine group of companies has announced two recent purchases. James Marine has purchased T.T. Barge Cleaning LLC at Lower Mississippi Mile 183, along with T.T. Barge Services LLC,… Read More
Orion Group Holdings Inc., a leading specialty construction and dredging company headquartered in Houston, Texas, reported a net loss of $8.8 million, or $0.29 per share, for the fourth quarter… Read More
Cooper Marine & Timberlands (CMT) has announced the expansion of its stevedoring operation to the Port of Corpus Christi. Initial efforts there began last fall, and CMT’s presence there is… Read More
Kenny Devall has been named president and CEO of The Southern Devall Group (TSDG), the combined businesses of Southern Towing and Devall Towing. In addition, the company announced that Chris… Read More
ABB has announced the rebranding of its turbocharging division under the name “Accelleron,” which is a compound of words like “access,” “accelerate” and “excel.” The brand builds off of ABB’s… Read More
Great Lakes Dredge & Dock Corporation (GLDD) reported a strong fourth quarter of 2021, but its full-year financial results fell short of the previous year’s. In the February 16 announcement,… Read More
The year 2022 marks the 75th anniversary of Carboline, St. Louis-based manufacturer of coatings, linings and fireproofing. Carboline was founded by Stanley Lopata in St. Louis in 1947 and has… Read More
Viterra Limited, the crop-trading business spun out from Glencore, the world’s largest commodities broker, announced January 24 that it has agreed to acquire the grain-trading business of Gavilon, which also… Read More
On January 27, Kirby Corporation announced net earnings for the fourth quarter of 2021 of $11 million or $0.18 per share, down from $22.2 million or $0.37 per share for… Read More
