AUSTRALIA
The coal mining industry is buoyant , being Australia ’ s second largest export earner , contributing , on average , $ 40bn a year , and the mines that invested in new capital equipment pre- 2012 now require renewals , repairs or replacements by law .
The acquisition of Waratah Engineering , formerly trading as Kopex Waratah , based in Argenton in NSW when Swanson Industries bought it in 2016 , has been an important one .
With Waratah ’ s suite of capital equipment and its experience in remanufacturing longwall roof support systems and mobile equipment , the partnership fulfilled another step in a strategy to be a full-service supplier to the Australian mining markets .
To help the smooth transition , executives moved over to help the process carry out as smoothly as possible .
Waratah ’ s facility specialises in major , on-the-ground mining machinery like hydraulics cylinders , and other large and complex pieces of kit that can take anywhere from three to seven or eight months to build from start to finish .
Due to the acquisition , the workload capacity has increased by three or four times , and Beal expects to continue
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