What does HME stand for?

Of the total, $518-million would be used to fund the early start of infrastructure works and the acquisition of long-lead items such as heavy mobile equipment, which was a key component for the expansion.

Applications include: tracking of heavy mobile equipment such as trucks or rail cars; monitoring remote pipelines, electrical generating stations or storage tanks; or overseeing data communications in marine environments.

Applications include: tracking of heavy mobile equipment such as trucks or rail cars; monitoring remote pipelines, electrical generating stations or storage tanks; or overseeing data communications in marine environments.

The improved results compared with the third quarter of 1994 were due to the stronger performance of the heavy mobile equipment business in Quebec and Western Canada and the further growth of the industrial components business, as well as the impact of recent acquisitions and Corporate restructuring initiatives.

The sale of the North American and Australasian fire control businesses will complete the Company's exit from all of its manufacturing operations, and enable it to focus on its strategic plan to enhance and grow its ongoing core businesses, which are engaged in the distribution and after sales service of heavy mobile equipment, diesel engines and industrial components.

Since 1993, Wajax Limited has enhanced its core businesses in the distribution and after-sales support of heavy mobile equipment, diesel engines and industrial components through a series of acquisitions, including the 1995 acquisitions of Hydrofor Inc.

That amount includes the purchase of heavy mobile equipment and a wash plant with a capacity of at least 20 cubic meters per hour.