Brazilian Rod Mill Orders Morgan Compactors
WORCESTER, Mass., USA, October 29, 2001

Belgo Mineira Steel Company, of Monlevade, Brazil, has ordered two Horizontal Coil Compactors from Morgan Construction Company.

Daniel M. Morgan, Senior Vice President and General Manager of the Rolling Mill Division, in announcing the contract, explained that the compactors are for use in Belgo's existing two-strand rod mill in João Monlevade.

The compactors will be installed at the company's #1 Rod Mill. Originally built and installed in the early 1960s, the mill has since undergone several modifications, the latest of which was completed in 1997. Currently the mill produces two-ton coils at a rate in excess of 120 tons per hour. Production requirements can be handled by one of the new compactors with the second unit serving as standby or used for secondary production.

Morgan added that the order from Belgo was significant in that these were the first Morgan compactors to be ordered by its longtime customer. "The key to our successfully receiving the order is that after the engineering work is completed at our Worcester headquarters, the compactors will be manufactured, tested and assembled to Morgan specifications in Brazil."

Initially designed by Morgan in 1999, the new compactor offers the latest technology, including the company's new wire binding system.

Morgan Construction Company, is a designer and producer of high-quality rolling mill products and services for the metal industry worldwide.

Questions or comments can be e-mailed to: sales@morganco.com