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 Tuesday, Sept 2, the 245th day of 2014. There are 120 days left in the year.

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1914 — 100 years ago: Three members of the Rock Island YMCA accepted positions as physical directors of other associations. Albert Cook went to Kewanee, C.D. Curtis to Canton and Willis Woods to Leavenworth, Kan.
1939 — 75 years ago: Former President Herbert Hoover appealed for national support of President F.D. Roosevelt and Congress in every effort to keep the United States out of war.
1964 — 50 years ago: The Rock Island Junior chamber pf Commerce has received answers to about 65 % of the 600 questionnaires mailed out recently in a "Community Attitude Survey" to analyze sentiments of citizens towards their city's various recreational, educational, and civic service programs.
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