Caterpillar of Chile Selects SI Technologies' Equipment For Copper Mining Operation
31 July 2000
Caterpillar of Chile Selects SI Technologies' Equipment For Copper Mining Operation
TUSTIN, Calif. - SI Technologies, Inc. , which designs, manufactures and markets high-performance industrial sensors, weighing and factory automation equipment and systems, and related products, today announced that Caterpillar of Chile has selected SI/Allegany Technology, a subsidiary of SI Technologies, Inc., to supply a one million pound capacity MT 1000 Mining Truck Scale to Finning S.A.'s Santiago copper mining operation in that country."Caterpillar's selection of SI/Allegany equipment reinforces our leadership position as a global supplier of 'special application' industrial scales and weighing systems," stated John Riley, President of SI/Allegany Technology, Inc. "The order illustrates the progress which SI Technologies has made in the development of cross-selling synergies among its subsidiaries as a result of the business combinations announced last year. As a result of such business combinations, SI/Allegany Technology has emerged as a world leader in dynamic and mobile weighing equipment and systems."
The MT 1000 system will be utilized by Caterpillar's newest and largest off highway truck, the model 797, and requires a total of four weighing bridges. The Full Function digital indicator supplied with this system has the ability to read individual scale pads, axle weights, and/or total vehicle weights. The unique system, which has been designed to work with four weigh bridges and one indicator, can be easily transported to other locations which may require only two of the four weigh bridges, while utilizing the same single indicator.
Finning S.A. will use this system to measure its output both before and after the crushing process to prohibit overloading the massive 797, prolonging both tire and vehicle life while maximizing production efficiency. SI Technologies' MT 1000 is the world's lightest-weight portable platform scale. Similar installations are currently in use in Brazil, Mexico and Peru.
SI Technologies, Inc. is a rapidly growing designer, manufacturer and marketer of high-performance industrial sensors, weighing and factory automation equipment and systems. Its proprietary products enjoy leading positions in their respective markets, while sharing common technologies, manufacturing processes, and customers. Recent acquisitions have diversified the Company's revenue base and positioned SI Technologies as a consolidator of technologies, products and companies which are involved in the handling, measurement and inspection of goods and materials. SI Technologies' products are used throughout the world in a variety of industries, including aerospace, aviation, food processing and packaging, forestry, manufacturing, mining, transportation, warehousing/distribution, and waste management. The Company is headquartered in Tustin, California, and its common stock trades on Nasdaq under the symbol "SISI".