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MFRI BUYS SOUTH AFRICAN FILTER MANUFACTURER MFRI Inc has acquired H&D Environmental Services, located near Johannesburg, South Africa. The company manufactures filter elements for dust collectors used in coal fired power generation, cement, metals, mining and many other industries.
The new subsidiary, which will be renamed Nordic Midwesco Pty Ltd, will serve the growing South African and other regional markets as well as provide fabrication services for Midwesco customers elsewhere in the world.
The business currently operates from a 20 000 sq ft facility in a modern industrial park in Nigel, South Africa, about 50 miles from Johannesburg. The former owner of the business, Yolandi Kotze, will continue as the managing director of Nordic Midwesco.
"In the current business year we anticipate sales revenue in excess of US$1 million with a modest operating profit, but that revenue is expected to grow as the plant allows the company to pursue market opportunities throughout Africa, and the Near and Middle East," said David Unger, MFRI's chairman. "Our network of global raw material sources will provide the South African operation with immediate access to less expensive raw materials. The presence of a competent management team and skilled workforce gives us confidence we can build this business platform to positively impact our worldwide effort to grow MFRI's Filter Group," added Unger.
In addition to the new facility in Nigel, South Africa the MFRI Filter Group currently has operations in Winchester, Virginia and Cicero, Illinois,
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