Rock Products

MAR 2013

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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IN THE KNOW McLanahan Addresses Eagle Iron Works Acquisition McLanahan Corp. acquired Eagle Iron Works, a well���known industry name with a worldwide reputation. Eagle Iron Works has been serving the con��� struction materials and aggregate in��� dustries since 1872. Based in Des Moines, Iowa, Eagle Iron Works pro��� vides a line of washing and benefici��� ating equipment including sand classifying tanks, log washers and screw washers. McLanahan Corp. Executive Vice President, CAO and Corporate Secre��� tary Sean McLanahan spoke to Rock Products about the acquisition: MANUFACTURER NEWS ���We are excited to welcome Eagle Iron Works to the McLanahan family and believe that this great, classic line of processing equipment and talented people enhances our ability to serve the construction and aggre��� gate markets,��� he said. ���We are going to maintain full support of the cur��� rent product lines and availability to after���market parts while enhancing opportunities between the two com��� panies. McLanahan continues to grow globally and this will enhance our position in an ever changing market place.��� FAST FACT RP: What intrigued you about Eagle Iron Works, other than the fact that they have been around almost as long as you? Why are they a good fit in the McLanahan Family? Although offering a similar equip��� ment line, Eagle Iron Works serves a customer base that has previously 6 McLanahan Corp.���s Sean McLanahan spoke to Rock Products about the company���s recent acquisition of Eagle Iron Works. ROCKproducts ��� MARCH 2013 been untapped by McLanahan Corp. With the acquisition, the company will be able to continue to serve them and hopefully enhance their cus��� tomer experience. EIW, LLC will be providing valuable parts service to longstanding customers, as well as continuing its long���standing relation��� ships in the market. McLanahan be��� lieves that Eagle Iron Works��� reputation of producing long���lasting, quality equipment is similar to the reputation that McLanahan has built in the marketplace making them a good fit for the family of companies. RP: It has been reported that Eagle laid off workers and ramped down production last fall in the wake of its well-known family battles and damage from flooding. Do you plan to increase production and add employees to re-establish the brand in the marketplace? Current plans are to outsource pro��� duction and continue to serve cus��� tomers through a coordinated system of reps and dealers. Management will continue to evaluate the situation as they become more familiar with the needs of the company and its cus��� tomer base. RP: Who is the new management team for EIW, and what are their positions? Although under McLanahan���s current executive management team, John Ware will be serving as general man��� ager of Eagle Iron Works. RP: How will their products be sold, manufacturer-direct or through a dealer network? Dealer network, although customers are always welcome to contact Eagle Iron Works directly for questions about products and services. RP: Will you have a joint presence at AGG1 this year? Not this year. In the future this will be taken into consideration. For AGG1 2013, McLanahan wanted to ensure Sean McLanahan that there was no confusion for those interested in Eagle Iron Works prod��� ucts as to where they could go to learn more. The Deal McLanahan Corp. acquired Eagle Iron Works, a well-known industry name with a worldwide reputation. Eagle Iron Works has been serving the construction materials and aggregate industries since 1872. Based in Des Moines, Iowa, Eagle Iron Works provides a line of washing and benefciating equipment including sand classifying tanks, log washers and screw washers. Eagle Iron Works will remain in Des Moines, Iowa, and maintain its own identity in the market. The company will continue to offer Eagle Iron Works equipment, supply parts and manage its sales efforts through a coordinated system of dealers. McLanahan Corp. provides custom engineered processing solutions to a variety of industries. Founded in 1835, McLanahan is now in its sixth generation of family ownership and operation. Headquartered in Hollidaysburg, Pennsylvania, McLanahan serves a global market with locations throughout the United States, United Kingdom and Australia. www.rockproducts.com

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