Italian engineering firm buys Bettendorf's Riverside Products


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Posted Online: April 18, 2013, 5:48 pm
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Italian steel and engineering company Danieli & C Officine Meccaniche S.p.A. has taken over Riverside Products Inc. with a share buyout, including Riverside's Bettendorf plant and satellite operations in the United Kingdom and China.

The name will be Danieli RiversideProducts.

Danieli is one of the world's largest privately controlled integrated engineering and manufacturing groups.

Riverside Products has been an active supplier of highly engineered rotors and wear parts to the worldwide metals recycling industry for more than 50 years, said Emanuele Brusini, executive vice president of Danieli. "The reputation for engineering excellence held by Riverside Products was a key driver behind this acquisition."

For more information, visit www.riversideproducts.com.

















 



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  Today is Friday, July 25, the 206th day of 2014. There are 159 days left in the year.

1864 -- 150 years ago: Walter Jones, of Co, F 23rd Ky, volunteers, lost a satchel on the Camden road, yesterday, containing his papers of discharge from the army.
1889 -- 125 years ago: E. W. Robinson purchased from Mrs. J.T. Miller the livery stable on the triangle south of Market square.
1914 -- 100 years ago: A municipal; bathing beach was advocated at the weekly meeting of the city commission by commissioner Rudgren, who suggested the foot of Seventh Street as an excellent location.
1939 -- 75 years ago: Floyd Shetter, Rock Island county superintendent schools, announced teachers hired for nearly all of the 95 rural and village grade schools in the county.
1964 -- 50 years ago: The mercury officially reached the season's previous high of 95 about noon today and continued upward toward an expected mark of 97.
1989 -- 25 years ago: Fort Armstrong hotel once the wining and dining chambers of Rock Island's elite is under repair. Progress is being made though at a seeming snail's pace to return the building to a semblance of its past glory for senior citizen's homes.








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