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10/23/2018
Steel casting firm Sivyer Steel Corp. has been acquired for $6.5 million in cash from a group of investors based predominately in the Quad Cities area. The company, which had been owned by FCF Partners LP of Milwaukee since 1999, will continue operations under the name Sivyer Steel Castings LLC. The company's primary assets include a 325,000-square-foot facility located on a 20-acre industrial campus along the Mississippi River, according to a Sivyer press release. Sivyer provides steel castings to manufacturers of industrial equipment in the passenger-rail, mining, military and oil and gas industries.WSP USA has named Chris Ferguson central region transit and rail market lead. Based in Chicago, Ferguson will drive business development, synchronize teaming relationships, coordinate and communicate with clients and support technical projects. He has more than 10 years of transit and rail industry expertise, including with Class Is. Ferguson has also worked on projects for Metra, the Chicago Transit Authority, SunRail in Central Florida, the Utah Transit Authority and Rio Metro in New Mexico.STV has appointed Martin Boyle executive vice president of the transportation and infrastructure division. In the role, he'll oversee the division's operations. He succeeds William Matts, who will retire at year's end after a four-decade career with STV. Boyle previously served as the transportation and infrastructure division's deputy division, where he oversaw rail and bus transportation practices.Koppers Holdings Inc. Chairman David Hillenbrand has resigned for personal and health-related reasons. He served as chairman for a decade and a member of the company's board since November 2004. The board has elected Stephen Tritch as chairman and reduced the size of the board from 11 to 10 directors, company officials said in a press release. Tritch has served as a member of the Koppers board since 2009 and most recently was chairman of the management development and compensation committee.