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Bradken is a manufacturer and supplier of differentiated consumable and capital products to the mining, transport, general industrial and contract manufacturing markets with operations in Australia, China, Canada, India, Malaysia and the United States. It is a subsidiary of Hitachi Construction Machinery.
On 28 April 1920, Bradford and Kendall used their winnings to establish the Alloy Steel Syndicate and build a steel foundry in Alexandria, Sydney. The syndicate was incorporated as Bradford Kendall Limited on 20 March 1922. Bradford Kendall Ltd Daily Commercial News & Shipping List 24 March 1922 page 4
In 1926 Bradford Kendall began to manufacture Railway coupling and undercarriages. In the 1930s it entered the export market, manufacturing dredge buckets for use in Malaysia. In 1948 the company was listed on the Sydney Stock Exchange. Steel Founders' Share Parcel Sydney Morning Herald 28 August 1948 page 4 In the 1950s foundries were established in Adelaide, Brisbane, Fremantle and Wodonga. In 1970 a foundry was established in Port Hedland.
In December 1974 the company changed its name to Bradken.Sydney Railway Transportation December 1974 page 14 By 1978 Bradken was controlled by Australian National Industries (ANI) and Comeng. In 1982 ANI became the sole shareholder. In October 1990, the head office moved from Alexandra to Mayfield West. In 1995 the business was rebranded as ANI Bradken. The business was included in the January 1999 purchase of ANI by Smorgon Steel who sold the business to Castle Harlan.Smorgon Offloads Bradken in $185 Million Buyout Railway Digest December 2001 page 7
In August 2004 Bradken was relisted on the Australian Securities Exchange.Bradken's strong start Railway Gazette International October 2005 page 645 In November 2007 a new manufacturing facility opened in Xuzhou, China. In July 2009 the business of Americast Technologies in the United States was acquired.
In July 2011 Norcast Wear Solutions in Canada and SwanMet in Malaysia were purchased. In March 2013 Bradken opened a greenfield foundry development in Xuzhou, China following the construction of a manufacturing facility on the site in 2007. In October 2016 Hitachi Construction Machinery launched a takeover offer for Bradken.
On June 10, 2021, it was announced that White Industries had acquired the Ipswich site operations, a strategic decision by its parent company Hitachi Manufacturing to move its operations to offshore facilities.
target="_blank" rel="nofollow"> Acquisition of Bradken Hitachi
target="_blank" rel="nofollow"> Hitachi Construction to buy Australia’s Bradken for $528 million Mining.com 3 October 2016 Hitachi Construction to buy Bradken for $689 million Sydney Morning Herald 3 October 2016 The transaction was completed in May 2017.
target="_blank" rel="nofollow"> Bradken Limited: Removal from Official List Australian Securities Exchange 16 May 2017 Hitachi shuts 70-year-old Bradken foundry Australian Financial Review 20 March 2019
Categories: Companies Based In Newcastle, New South Wales, Companies Formerly Listed On The Australian Securities Exchange, Conglomerate Companies Established In 1920, Economy Of Newcastle, New South Wales, Hitachi Subsidiaries, Manufacturing Companies Established In 1920, Manufacturing Companies Of Australia, 1920 Establishments In Australia
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