WorldWide Drilling Resource

21 JUNE 2022 WorldWide Drilling Resource® Industry Announcements ChemGrout® Founder Ben Schatz celebrated his 91st birthday in style. The company hosted a special celebration at their LaGrange Park, Illinois location, complete with a spread of delicious food and of course, birthday cake. Ben started the company in 1963, conducting cement and chemical grouting field services all over the world using equipment he manufactured for his own use. His equipment caught the eye of fellow grouters in the industry. They liked the simplicity of Ben’s design and how easy it was to operate. ChemGrout eventually phased out its field work services and focussed on designing and manufacturing grouters. Today, nearly 60 years later, the company is considered by many to be the industry standard for grouting equipment used for mining, tunnelling, foundations, environmental remediation, geothermal, and geotechnical projects around the world. Congratulations Ben from the WWDR Team! Husqvarna Group’s Construction Division has agreed to acquire Heger, a privately owned business specializing in professional diamond tools for European sawing and drilling contractors in wall, floor, and road sawing, as well as core drilling. “The acquisition of Heger will strengthen and complement our core concrete sawing & drilling business in Central Europe,” said HenricAndersson, president & CEO of Husqvarna Group. Heger was founded in 1908, and has a long tradition of supporting customers. The company’s headquarters and manufacturing facility are located in Heitersheim, Germany. The company also has sales offices in Germany and the Netherlands. “Heger’s highly appreciated flexible production, short delivery times, and high-performance and quality products will add significant value to our offer to customers in the Central European diamond tools market and fits well into our growth strategy. Our combined strengths create an excellent platform for further growth in the diamond tools market for professional contractors,” said Karin Falk, president of Husqvarna’s construction division. Learn More About Financial Services Adapted from Information by Mazon Associates, Inc. Mazon Associates, Inc. is a financial services company offering businesses immediate cash flow through accounts receivable financing. Operating since 1976, the company has been assisting business owners with same-day funding of their B2B invoices for over 45 years. Use the cash to fund expenses without having to wait the typical 30-90 days for customer payments. Once your account is established, Mazon provides cash to your business each time you bill your customers, as well as provides friendly, in-house collection services on past due invoices. j Multimillion dollar line of credit with an established bank.Clients range from $5000 to over $1,000,000 in sales per month. j Private family-owned business - lending our own money to businesses. j Clients range from start-up businesses to 20+ year companies. j Same-day funding once an account is established. j Month-to-month contract with no up-front fees. j Fees range between 2%-5% of the invoice amount. j Factor all of your invoices or pick and choose the accounts you sell. For contact information, see our ad on page 46.