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Latest Weir Group Stock News | OTC:WEIGF | Benzinga

Weir Group

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America, U.S, and Canada.

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WEIGF

Weir Group Buys Seaboard Holdings

Weir Group PLC

Weir Group PLC (OTC: WEIGF) agreed to purchase oil and gas equipment manufacturer Seaboard Holdings Inc.

Weir Group bought Seaboard Holdings for $675 million. The deal is likely to close in December 2011.


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Latest Weir Group Stock News | OTC:WEIGF | Benzinga

Wednesday, November 23, 2011

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