C O M P A N Y O V E R V I E W
DRA Ta
DRA Makes Strategic Acqu to Expanded Skill Set Wi
DRA is a south African-based engineering group that spe industry. Earlier this year the company acquired Taggart with high expectations and a po Written by: Lindsey Ryan
Pr
aggart
uisition and Looks Forward ithin the Mining Industry
ecializes in project management for clients in the mining Global and the consolidated team leaves DRA excited ositive outlook for the future.
roduced by: Bobby Meehan 3
E
stablished in 1984, DRA Group Holdings Proprietary Limited (DRA) began as an electrical and control company. Over the past 30 years the company has narrowed its focus on its strong engineering capabilities and has since become a leader in the African mining industry for its project management and mine
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December 2014
design. The company is now known as a multi-national, multi-disciplinary organization with the experience and expertise to offer an entire spectrum of mining services to customers. The organization is one of the largest project management enterprises in Africa and this South African founded group of companies is composed of w w w. d r a i n t e r n a t i o n a l . c o m
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Air Pollution Control Solutions. IWI Incorporated has over 44 years experience providing solutions for air pollution control systems. Our friendly customer service department delivers superior engineered system solutions, an extensive line of high quality products, professional project management, and 24/7 on-call emergency services. Visit us at www.iwiinc.com to find out how we can be your air pollution control solution today.
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D R A TA G G A R T
MINING
professional engineers who manage, design and construct mines for clients in various mining areas around the world. DRA Group prides itself on its commitment to safety and operates under ISO standards. On July 31, 2014, DRA Group agreed to acquire Taggart Global, a worldwide leader in engineering, construction and operation services. This strategic acquisition will be very beneficial to DRA Group because Taggart already specializes in many of the same fields as DRA Group. Taggart supplies similar engineering, construction and project management services to clients in the mining industry and has office locations around the world as well, thus expanding DRA Group’s global footprint. Moving forward, all DRA Group business that
SUPPLIER PROFILE
IWI INCORPORATED
IWI Incorporated, Since 1972 has been providing solutions for a wide variety of industries. We have a extensive line of products, including Dust Collectors, Overhead Cranes, Hoists, Conveyors, and Control Panels. We provide complex engineered solutions for air purification and material handling. We work with Private and Public Companies, Universities, and the Government. Our projects have an installation base throughout the world. Website: www.iwiinc.com
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D R A TA G G A R T
MINING
takes place in the Americas will be consolidated with Taggart and the company will be conducting business known as “DRA Taggart�. Taggart Global was founded in 1993 and has built strong client relationships with companies in the mining industry, specifically involving coal. In July 2013, Taggart Global was purchased by Forge Group, however the company went bankrupt only six months into the acquisition. Over the period of time between the end of the partnership with Forge and being acquired by DRA Group, Taggart Global did remain operational and now that they are DRA Taggart, they have the opportunity to begin investing more money into their operations. DRA Group is excited to be combined with Taggart and looks forward to the new areas in
SUPPLIER PROFILE
ALPHA CONTROL
Alpha Control Fabrication & Manufacturing has built a reputation as a premier provider of custom steel fabrications. For serious projects and critical applications, our customers have come to rely upon our quality workmanship. Alpha Control has assembled two shops and a staff with over 100 years of combined steel fabrication to provide unlimited capabilities. Alpha Control Fabrication & Manufacturing serve the needs of nearly every industrial market segment, with exceptional knowledge of our clients requirements. Website: www.alphacontrolfab.com
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New Solutions to Old Problems
Continuous filters and processes for industrial liquid-solid separation Peterson Filters Corporation designs and manufactures high quality industrial vacuum filtration equipment for the mining and process industries, including innovative custom accessories that enhance their operation.
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MINING
the industry that the acquisition will take them. For example, Taggart has experience and presence in the coal industry which DRA Group is eager to become involved in. “Taggart has an excellent reputation in the global coal preparation and clean coal technology markets, and has expanded its skill set into the power sector, ports and terminals, bio fuels, mineral sands, as well as the mining and aggregate industries. We are excited to partner with Taggart and accelerate their growth in the worldwide coal preparation and material handling markets,” said Paul Thomson, CEO of DRA Group. Overall, DRA Group is looking forward to the new opportunities that will be presented as the businesses work together and combine markets. In the announcement of the acquisition, Richard L. McCormick, Jr., Chief Executive Officer of DRA Taggart, states, “Our integration into the DRA Group provides us with a global platform from which we will both continue to serve our existing client base, and also actively pursue opportunities to build and operate coal, metals and mineral processing and materials handling facilities for w w w. d r a i n t e r n a t i o n a l . c o m
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D R A TA G G A R T
Celebrating 50 Years
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MINING
Company Information INDUSTRY
Mining HEADQUARTERS
Pennsylvania FOUNDED
1984 EMPLOYEES
350
mining companies and utilities worldwide.” He continues, “We are thrilled to be a part of DRA as we together pursue new opportunities in the mineral processing and power generation marketplace.” An additional benefit from the acquisition is that almost all of the Taggart employees will remain on board, as the management team within Taggart will not be changing, only the ownership of the company, and the Taggart management group will also share an equity stake in the new union of businesses.
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DRA TAGGART 4000 Town Center Boulevard Cannonsburg, Pennsylvania, USA, 15317 724-754-9800 www.drainternational.com