Industrial Magnetics, Inc.

New 2015 Magnetic Products Catalog Available from Industrial Magnetics, Inc.

Industrial Magnetics, Inc.(IMI) has published a new, 40 page, full color catalog titled Magnets for Holding, Lifting, Fixturing, Fabrication, Welding and More". The catalog includes over 70 new part numbers for increasing the speed, efficiency safety of material handling operations involving metal. New product offerings include magnetic holders for welding torches, air tools, cups spray guns,...

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Precision Castparts Corp.

Precision Castparts Corp. Expands Its Machining Capabilities with the Acquisition of Noranco

PORTLAND, Ore. - Precision Castparts Corp. (NYSE:PCP) has agreed to acquire Noranco from MidOcean Partners and PSP Investments for $560 million. Noranco is a premier supplier of complex machined and fabricated components for aero-engine, landing gear and airframe applications. Noranco provides significant value to aerospace customers through a wide range of sophisticated capabilities including...

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Columbus McKinnon Corp.

Columbus McKinnon to Acquire Magnetek, Inc.

Expands Product Offering for Controls and Drives • Integration of complementary leaders in power controls and hoists creates compelling new product solutions • Measurable upside for global growth and product line expansion • Excellent strategic and cultural fit between two market leaders • Long-term and immediate financial benefits • Creates greater revenue opportunities and expands...

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Universal Protection Service to Acquire Guardsmark

Merger Produces the Largest U.S.-owned Security Company MEMPHIS, Tenn. and SANTA ANA, Calif. - Universal Protection Service, a division of Universal Services of America and a portfolio company of Warburg Pincus and Partners Group, announced today that it has acquired Guardsmark. The companies together create the largest U.S.-owned security company. Terms of the transaction were not disclosed....

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Duke Energy

Duke Energy Renewables Acquires Seville Solar Projects in Southern California Totaling 50 MW

CHARLOTTE, N.C. - Duke Energy Renewables today announced it has acquired the 20-megawatt (MW-AC) Seville I and 30-MW Seville II Solar Power Projects in California from Kruger Energy. The projects are located in Imperial County about 10 miles west of the Salton Sea. With this addition, Duke Energy Renewables has six solar power projects in California totaling more than 100 megawatts, enough to...

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SunPower Corp

SunPower Acquires 1.5 Gigawatt U.S. Solar Power Plant Pipeline

SAN JOSE, Calif. - SunPower (Nasdaq: SPWR) announced today that it has acquired 1.5 gigawatts of U.S. solar power plant development assets from Australia-based Infigen Energy. With the acquisition, SunPower has assumed ownership of projects in varying stages of development across 11 states. Included in the development portfolio are three projects totaling 55 megawatts (AC) with power purchase...

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Honeywell to Acquire Elster, a Global Leader in Gas Heating, Controls, Metering, and Advanced Technologies

• Attractive Portfolio With Great Positions in Good Industries • Differentiated Gas Technologies Fit Strongly with Honeywell Portfolio and Customers • Gas, Water, and Electricity Metering Add Attractive Adjacencies • Energy Efficiency Focus Connects to Honeywell's Global Growth Strategy • Enhances Honeywell's Profile in High Growth Regions • Creates New Platform for Organic...

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Gerresheimer Glass Inc.

Gerresheimer Will Acquire Centor - Higher Profitability Expected

• Centor is the clear market leader in the US prescription plastic vial retail market for oral drugs • The deal extends Gerresheimer’s footprint in the primary pharmaceutical packaging market for prescription drugs significantly • Total consideration of USD 725m on a cash and debt-free basis • All-cash acquisition, fully debt financed • Adjusted EBITDA margin expected to go up by...

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CertainTeed Corp.

CertainTeed Gypsum Signs Agreement to Acquire Structus Building Technologies, Inc.

Acquisition gives CertainTeed Gypsum a leadership position for high-performance drywall corner solutions VALLEY FORGE, Pa. - Saint-Gobain, through its subsidiary, CertainTeed Gypsum, today announced an agreement to purchase Structus Building Technologies, Inc. (SBTI) of Bend, Oregon, a manufacturer of innovative, high-performance drywall corner solutions. Founded in 1996, Structus designs and...

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Transdigm Group Inc

TransDigm to Acquire PneuDraulics, Inc.

CLEVELAND - TransDigm Group Incorporated (NYSE: TDG) announced today that it has entered into a definitive agreement to acquire PneuDraulics, Inc. ( PneuDraulics" or "the Company") for approximately $325 million in cash. The purchase price includes approximately $107 million of tax benefits to be realized by TransDigm over a 15 year period beginning in 2015. TransDigm expects to finance the...

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