CMI Group Acquires EFCO
September 29, 2005
Effective September 1, 2005, The Belgian Group Cockerill Maintenance and Ingenierie (CMI) acquired the assets of the American company Electric Furnace, including EFCO GmbH, and EF Global Services LLC, collectively named EFCO. CMI ovens and furnace products are currently marketed under the brand name Heurbel. As a new CMI Business Unit, EFCO will change its name to CMI EFCO Inc., which will be integrated within a new Furnace Division of the Steel Engineering Business activity, alongside Heurbel. The management structure of EFCO will remain unchanged. The CMI Group is headquartered in Liege, Belgium, and specializes in engineering and maintenance in the energy, defense and industry sectors. More information can be found by visiting http://www.cmigroupe.com.