ESCO Corporation, an independent designer, developer and manufacturer of highly engineered wear parts and replacement products used in surface mining, infrastructure development, power generation, aerospace and industrial applications, filed on Monday with the SEC to raise up to $175 million in an initial public offering. The Portland, OR-based company, which was founded in 1913 and booked $849 million in sales for the 12 months ended December 31, 2010, plans to list on the NASDAQ under the symbol ESCO. Goldman, Sachs & Co. and Morgan Stanley are the lead underwriters on the deal. No pricing terms were disclosed.
