The transaction is expected to occur at the end of March 2010. K-Tron will operate as a wholly-owned subsidiary of Hillenbrand. Kevin C. Bowen, who will be president of K-Tron’s Process Group, and Donald W. Melchiorre, who will be president of K-Tron’s Size Reduction Group, will continue to manage their respective businesses and report directly to Kenneth A. Camp, Hillenbrand’s president and CEO. “We are delighted that K-Tron will be joining the Hillenbrand family of companies,” said Camp. “Although K-Tron’s products differ from ours, we are both manufacturing companies that share similar processes and core operational values.” K-Tron designs and produces material handling equipment and systems. The company’s Size Reduction Group operates under three brands: Pennsylvania Crusher, Gundlach and Jeffrey Rader.
Pillar Innovations Opens Office in Nitro
Pillar Innovations opened their sixth office on February 1, 2010. The office, located in Nitro, W.Va., will be a satellite of the Morgantown office and will focus on engineering and design, warehouse inventory for rapid deployment to local customers, with plans to offer sales, service and support for Pillar’s full product line.
Pillar will use the office to keep in closer contact with existing customers and to develop relationships with new customers. The office will also allow Pillar to respond more quickly to service and support needs in the Southern West Virginia and Eastern Kentucky area.
“The opening of the Nitro office is a continuation of the great success and growth of Pillar and will further extend our ability to reach customers with innovative products and services,” said Justin Stephens, Morgantown division manager.
Pillar Innovations provides sales and service out of six offices across the country. From EMU-electric mine utility vehicles to communications systems to fire suppression to monitoring, Pillar’s technology is a recognized leader in mine support.