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JENNMAR Buys Mine and Rail Assets from Vossloh

Coal News - Published on Tue, 07 Jan 2020

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JENNMAR has announced its purchase of Vossloh's track, tie and rail accessory inventory from Atlantic Track. Along with all mining inventory, JENNMAR has purchased all machinery necessary to support Vossloh's current mining business, which consists of rail, tie and rail straightening capabilities. The company aims to continue Vossloh's work and to service the mining industry with a suite of products for rail haulage and transportation.

The acquisition was led by Michael Calandra, Executive Vice President of Frank Calandra Inc, while Peter Hughes, President and CEO of Atlantic Track, helped to expedite the process.

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Posted By : Rabi Wangkhem on Tue, 07 Jan 2020
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