Prior to the holiday break, Nordic Minesteel Technologies Inc. (NMT) announced it had acquired all rolling stock assets of Schalker Eisenhütte Maschinenfabrik GmbH including all intellectual property rights. NMT’s German subsidiary, Schalke Locomotives GmbH, will continue with the 146-year-old locomotive history of the brand SCHALKE. The acquisition will enable NMT to combine German and Canadian innovation and expand its market to industrial and urban transportation.

“We have been integrating our equipment with Schalker Eisenhütte Maschinenfabrik GmbH since 2012, on projects from Sweden to Indonesia, and have been the North American representative for them since 2014,” said Richard DeRuiter, Vice President – Business Development, NMT. “Acquiring SCHALKE assets will enhance NMT’s ability to provide a ‘one stop shop’ to our customers for reliable, continuous, automated rail haulage systems.”

In addition to the assets acquired, NMT reported that many of the employees of Schalker Eisenhütte Maschinenfabrik GmbH have transferred to NMT’s Schalke Locomotives GmbH and will continue to work with SCHALKE’s legacy and the same reputation for quality workmanship.