Staff report
YOUNGSTOWN ä The Brilex Group of Companies has hired former Nucor executive Doyle Hopper as CEO.
Hopper brings with him nearly 30 years of experience in the steel industry and manufacturing at Nucor, the largest producer of steel in the United States. He started there out of college as an entry level welder and fabricator and advanced through the company to reach executive positions as vice president of VULCRAFT and Cold Finish in Norfolk, Neb., Nucor Connecticut and most recently, Nucor South Carolina.
âWe are thrilled to have Doyle take the reins as CEO,ã said Alex Benyo, co-founder of the Brilex Group. âDoyleás role will drive integration and synergies between our companies, maximizing the value delivered to our customers and will lead to additional opportunities in the marketplace.ã
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Escorts Construction Equipment (ECE) segment in March 2021 sold 680 machines, its highest ever March sales, and registered a growth of 252.3% as against 193 machines sold in March 2020. With continued Government thrust on infrastructure spending with an aim to achieve accelerated growth in GDP and massive Capex plan under NIP (National Infrastructure Pipeline), timely disbursal of project payments, major policy amendments for highway concessionaires and asset monetisation to ensure liquidity, we expect construction equipment demand will continue to be strong. However, some supply chain issues and rising inflation in commodity prices, continue to be worrying factor, Escorts said in a regulatory filing.
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Read more about Escorts gains after tractor sales jump 30% YoY in Feb on Business Standard. Escorts Agri Machinery Segment (EAM) in February 2021 sold 11,230 tractors, its highest ever February sales, and registered a growth of 30.6% over February 2020.