J.H. Fletcher & Co. has completed its acquisition of the Cannon Mining division from Trident Maritime Systems Heavy Equipment Group.
This acquisition will serve to further strengthen the current mining equipment product lines offered through both the J.H. Fletcher & Co. and Cannon Brands, as well as enhance the ability of J.H. Fletcher & Co. to support their growing customer base both domestically and internationally.
The acquisition of Cannon Equipment will provide over 30 years of experience building underground mining equipment for industrial mineral and metal mines. The Cannon portfolio that includes drill jumbos, scalers, and roof bolters will further broaden J.H. Fletcher & Co’s existing product lines. Additionally, the articulated frame utility vehicle product line will be a new introduction to the J.H. Fletcher & Co.’s line of equipment, including scissor trucks, crane trucks, man baskets, fuel/lube packages, and more.
The Cannon equipment portfolio will remain intact and operate under the new name ‘Cannon Mining Equipment, LLC’. Previous Cannon sales, service, parts, and engineering teams will remain the same, maintaining uninterrupted product support. The primary change will be the location of parts support and machine assembly for domestic customers, with both functions shifting to the J.H. Fletcher & Co. facility in Huntington, WV. Cannon Mining Latin America will be operated as a subsidiary of Cannon Mining Equipment, LLC and handle the Mexican market directly.
Read the article online at: https://www.globalminingreview.com/mining/14062022/jh-fletcher-completes-its-acquisition-of-cannon-mining/