ContiTech to buy special belt operations
ContiTech Transportbandsysteme GmbH, Northeim, is taking over the Moers plant of Metso Minerals (Deutschland) GmbH, Bochum. Around 60 employees at the plant, which is part of the Finnish Metso group, manufacture Flexowell and Pocketlift conveyor belts, which are primarily used in the mining, chemical and steel industries to transport loose bulk material up steep inclines. ContiTech will continue manufacturing and engineering at the Moers plant. The transfer of business is planned for May 1, 2010.