RICHARD SARGENT AND JIM LOOP, EACH IN THEIR FORTIETH YEAR WITH THE COMPANY, WILL PLACE IN POSITION THE FIRST PIECE OF THE LARGEST CASTING MACHINE EVER MANUFACTURED BY HAZELETT STRIP-CASTING CORPORATIONRichard Sargent and Jim Loop will place in position the first piece of the new casting machine at a noontime celebration on Thursday, September 4 at the Hazelett factory in Colchester, Vermont. The occasion will mark the fortieth anniversary of their employment with Hazelett and also begin the manufacture of a 120-ton casting machine, the largest ever produced by the company in its fifty-two year history.The two started just days apart forty years ago.Richard Sargent was hired by his neighbor, Bill Hazelett, founder of Hazelett Strip-Casting. Richard and Hazelett Strip-Casting have grown up together in the Malletts Bay area of Colchester.Jim Loop, raised in South Burlington, was barely out of high school when he began as a draftsman in the tiny engineering department.The $15 million casting machine will be delivered to a newly formed company in the Henan Province of China. The company, LYL High Precision Aluminum Strip Co., will produce coils of aluminum strip to be sold to the aluminum raw material distribution system and go on to become an untold number of products.The General Manager of Hazelett, Ray Clavelle, commented that this order represents the largest dollar order in the history of the company.
MORE NEWS: Coast agent selling Quade Cooper’s property A Gold Coast family dropped more than $15 million on three properties near Beaudesert. Supplied.Ray White Rural Queensland agent Peter Douglas said there were 45 registered bidders.“I am simply ecstatic with the result,” he said.“Throughout the campaign we had buyers come from interstate but today all three sold to one Gold Coast based family who have bought them to turn into a farm.”“It’s so brilliant to get every property sold under the hammer. More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“We sold like a train today.”A 556ha holding sold for $11.5 million in a fast auction with 14 registered bidders while a multi-titled 146.6ha parcel sold for $3.1 million and a 75ha lot went for $1.2 million. THE FINAL three Queensland rural properties, once earmarked for the former Glendowner Dam project around Beaudesert, sold at auction yesterday for almost $15.8 million.A GOLD Coast family has dropped more than $15 million on three properties at an auction event.The three rural properties, owned by the State Government and once earmarked for the former Glendowner Dam project around Beaudesert, sold at auction on Friday for $15.8 million.In front of 200 people in Beaudesert, Ray White Rural sold the three properties to a mystery Gold Coast family who bought themto create one landholding. Aerial view of the multi-titled 146.6ha parcel that sold for $3.1 million.“I knew we’d have plenty of interest as these were genuine sales of good country which is very rarely available so close to the Gold Coast,” he said.The properties are about 60km from Southport and 70km from Brisbane.The listing described them as a combination of large agricultural holdings and lifestyle properties.“While each is different, they all enjoy wonderful views and are characterised by soft rolling river country,” the listing states. MORE NEWS: Sporting stars selling Gold Coast homes “All the country is predominately open.“These are very good country with some strong river flats and excellent water storages.”Ray White Rural Beaudesert principal Ed Dalton and sales agent Andrew Thomson marketed the properties along side Ray White Rural Queensland agent Peter Douglas.