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Riverside engineering formed. (Equipment Report).


Wear parts company Riverside Products, Moline, Ill., and Newell Riverside, the automobile shredder manufacturer based in San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , have merged to form Riverside Engineering, which will be based in San Antonio.

"Our products a re some of the best in the world, but what really sets us apart is our staff's depth of engineering expertise," says Bart Mitchell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Riverside Engineering. "Riverside Engineering will focus on using that knowledge to analyze our customers' needs and develop recommendations based on their specific situations."

Mitchell and Randy Brace, executive vice president, are leading the new company's management team.

Sivyer Steel Corp., previous owner of the Newell Riverside business unit, says it will honor a long-term commitment to supply wear parts to Newell Riverside. The company will also increase its focus on large, technically complex steel castings Steel casting is a manufacturing process in which molten metal is poured into a mold, allowed to solidify within the mold, and then the mold is broken and the solid piece is taken out. , including rotors. Sivyer, based in Bettendorf, Iowa Bettendorf is a city in Scott County, Iowa, United States. The population was 31,275 at the 2000 census. The 2006 estimates shows slight growth to 32,394. It is one of the Quad Cities. , is an integrated steel casting foundry A semiconductor manufacturer that makes chips for third parties. It may be a large chip maker that sells its excess manufacturing capacity or one that makes chips exclusively for other companies. .

Riverside Engineering is owned by Facilitator Capital Fund, a private equity fund based in Wisconsin.
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Publication:Recycling Today
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2003
Words:165
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