Press Release

United Conveyor Corporation Acquires North American Bottom Ash Material Handling Offerings from GE Steam Power

Waukegan, IL – May 3, 2021 – United Conveyor Corporation (UCC) announced today that the company has acquired GE Steam Power’s bottom ash business in North America. The deal reached April 21 includes intellectual property, know-how, and inventory transfer. This agreement combines the strengths of UCC and GE Steam Power’s bottom ash capabilities and will fully enable UCC to continue to serve their combined Customer base.

UCC continues to execute its strategic focus through developing and investing in superior environmental solutions and material handling for the Utility and Industrial Coal-fired electric power generation market. With this agreement, UCC will integrate GE’s bottom ash technology into the UCC product portfolio and continue to provide the highest levels of technical support and service in the marketplace.

“United Conveyor Corporation has provided engineered solutions to coal-fired power plants for over 100 years. In our ongoing commitment to our core market, we consider it our responsibility to help ensure utilities can continue to operate their coal units in a reliable and cost-effective manner. We are honored to be partners with the Utility industry by supporting environmentally responsible and dependable electric power generation,” says Kevin McDonough, Vice President, Sales and Marketing. “Acquiring these bottom ash handling assets in North America supports this initiative and represents an excellent opportunity to offer an expanded product portfolio that will provide extended benefits to both of our customers.”

UCC’s acquisition of this bottom ash technology is applicable to any North American power generation project requiring material handling systems, products or services. GE Steam Power will continue to provide services to its coal power customers in North America outside of the bottom ash market and will continue to service the bottom ash market outside of North America.