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NEWS BULLETIN
TANKS & LOGISTICS
SALCO SNAPPED UP
Stone Canyon Industries (SCI), through its SCI Rail Holdings unit subsidiary A Stucki Co, has acquired Salco Products, the largest supplier of circular hatch covers to the North American freight car industry. Salco is also a major supplier of valves for tank cars and metal and plastics components used in a variety of hopper cars, tank cars and over-the-road trailers. The acquisition of Salco broadens SCI Rail’s freight car product offering and expands its customer reach with blue chip commodity shippers who have trusted and specified Salco’s componentry since its inception in 1983. Bill Kiefer, A Stucki’s CEO, says: “Our team is excited to welcome Salco, its loyal customers and its employees into the Stucki family. We’re pleased that Dave Oestermeyer will continue as president of Salco into the future. Dave’s industry experience, relationships and leadership will be invaluable to the business going forward. This along with Salco’s brand name and record of strong product performance is key to the acquisition and to the ongoing success and growth of the business.” SCI is a global industrial holding company © 2020 EYE IMAGERY
with a “buy, build and hold” approach to long-term investment, focusing on marketleading companies in essential industries. www.salcoproducts.com LNG AT THE DOUBLE
Cryopeak LNG Solutions has carried out what it says is the largest delivery of LNG by truck in North America, using its new B-train design. The first consignment of 18,000 gal (68 m³) was delivered to Coeur Mining’s Silvertip mine on the Yukon/British Columbia border. Cryopeak is aiming to expand the use of LNG in mining applications, while also offering to supply remote communities. Cryopeak’s Super B-Train is designed to have up to 70 per cent greater load capacity than standard trailers operating in Canada today, improving LNG’s competitiveness as a fuel source for remote mining locations and communities. Understanding that transportation often represents the largest cost of LNG for customers, Coeur Silvertip was eager to work with Cryopeak on this initiative. “We are pleased to support the development of the new Super B-Train LNG trailer, which
will increase LNG payload and decrease transportation costs of LNG to the Silvertip mine,” says Rick Loughery, purchasing manager for Coeur Silvertip. cryopeak.com LESCHACO STAYS SECURE
Leschaco Inc USA has successfully passed a revalidation audit under the Customs-Trade Partnership Against Terrorism (C-TPAT) scheme, maintaining its participation as a forwarder/consolidator and broker. The audit took place recently in Houston and was conducted by personnel from the US Customs and Border Protection (CBP). After reviewing the validation report, it was determined that Leschaco Inc has established effective security practices in its operations and is committed to working with business partners to eliminate any security vulnerabilities in the supply chain. The current security criteria for eligibility to participate in the program are therefore fully met. “We are very proud of the results of the validation and of being a member of this important partnership. We would like to thank our compliance team, which played a key role in this important audit,” says Mark Malambri, managing director of Leschaco Inc. “As a global logistics service provider, we see it as our duty to comply with international security guidelines to protect our customers and their supply chains against risks and peril,” adds Jörg Conrad, owner and CEO of the Leschaco Group. www.leschaco.com MORE PALLETS AT TALKE
Talke has expanded warehouse space at its headquarters in Hürth, near Köln in Germany, adding some 9,200 pallet spaces. The facility was built some time ago but is only now being used by Talke; the space is designed for single-batch storage of materials designated as storage classes 11 to 13 and the strictest water hazard. “The compact shuttle storage facility with special carrier systems allows optimal processing times to be achieved with the simultaneous deployment of up to eight employees in two picking zones with a total of 12 loading ramps,” Talke says. “State-of-the-art detection and extinguishing equipment, including sprinklers within the rows and tiers of storage racks, offers optimal protection against fire.”
HCB MONTHLY | APRIL 2020
