Veyance Expands Presence into South America

Veyance Technologies, exclusive producer of Goodyear Engineered Products, is expanding its conveyor belt installation, splice and repair service footprint into South America. The company has acquired, subject to regulatory approval, leading Brazilian conveyor belt service provider RCT Servicos de Vulcanizacao Ltda., based in Belo Horizonte, some 600 kilometres north of Sao Paulo.

This is the third conveyor belt service acquisition announced by Veyance this year, including North America’s Monk Mining Supply based in Virginia and National Belt Service based in Alabama that cover US and Canada coal industry needs.