Superior Expanding to Southeast Asia with KeepMining as Dealer Partner
Morris, Minn. – Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling systems, is proud to announce a new distribution partnership with KeepMining™. The Singapore-based company will represent Superior’s growing line of crushing, screening, washing and conveying equipment in several countries throughout Southeast Asia, including India,...
Read More »Rand Logistics, Inc. Completes Purchase of American Steamship Company From GATX Corporation
Jersey City, N.J., May 14, 2020 /CNW/ -- Rand Logistics, Inc. ("Rand") has completed the acquisition of American Steamship Company ("ASC") from GATX Corporation. Rand is a portfolio company of American Industrial Partners ("AIP") and provides dry bulk shipping services throughout the Great Lakes region. The combination of Rand and ASC moves almost 50 million tons annually of dry bulk...
Read More »Siemens Gamesa to Supply Innovative Hybrid Plant in The Philippines for Berkeley Energy, Reducing Fossil Fuel Use in a Remote Location
Plant will help provide stable electricity supply to island and reduce dependence on diesel, in turn further cutting emissions Commercial hybrid project manages an existing 16MW wind power facility with battery storage integrated through Siemens Gamesa’s Hybrid Plant Controller (HPC) Siemens Gamesa has signed a 5-year maintenance contract for plant operations which can be optimized remotely...
Read More »Galaxy Weblinks Acquires Biz Solutions 365; Expands its Position in the Microsoft Technologies
Galaxy Weblinks, a leading technology consulting firm, acquired Biz Solutions 365, last month. The much expected announcement came amid the news of partial lift of lockdown in India. Biz Solution 365, was previously a technology backend partner for Kalm Strom. Since their recent split, Biz Solutions 365 was looking for new partnership when the offer came in from Galaxy Weblinks about 4 months...
Read More »FMC Corporation to Acquire Fluindapyr Active Ingredient Assets from Isagro S.p.A.
Transaction will expand FMC's fungicide portfolio with full global rights to novel broad-spectrum fungicide Philadelphia, May 6, 2020 /PRNewswire/ - FMC Corporation (NYSE: FMC) and Isagro S.p.A. have agreed to a binding offer whereby FMC will acquire Isagro's Fluindapyr active ingredient assets for €55 million (approximately $60 million). The cash transaction, expected to close by...
Read More »Cotecna Acquires KaiXin Certification (Beijing) Co., Ltd.
GENEVA, May 6, 2020 /CNW/ -- Cotecna is pleased to announce the acquisition of a 51% equity stake in Kaixin Certification (Beijing) Co., Ltd. in Beijing, China. Cotecna is a global provider of inspection and testing services and supply chain solutions. Thanks to their international network of offices and laboratories, they provide conformity assessment across a number of industry...
Read More »World Leading Foam Filled Fender Manufacturer, Marine Fenders, International, Acquires Urethane Technology Inc To Enhance Its Depth And Manufacturing Expertise
Marine Fenders International, Inc. (MFI) announced today that it recently acquired all the assets of Urethane Technology Inc.’s (UTI), a leading manufacturer of specialty buoys and marine fenders. Jerry Thermos, CEO of MFI stated that he was pleased to conclude this transaction as UTI’s technology will further enhance MFI’s mission to remain one of the leading worldwide designers and...
Read More »KEMET Announces Completion of CFIUS Review
FORT LAUDERDALE, Fla., April 24, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation ("KEMET") (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation ("Yageo") (TAIEX: 2327), on April 23, 2020, the Committee on Foreign Investment in the United States (CFIUS) notified the parties that it completed review of the pending acquisition of KEMET by Yageo and...
Read More »Acquisition of Global Compressor Business from The Japan Steel Works Completed
Burckhardt Compression completed the acquisition of the global compressor business from The Japan Steel Works Ltd., abbreviated JSW, as announced on March 4, 2020. JSW is a highly diversified manufacturer of steel, power-plant equipment and industrial machinery. With the acquisition of the global compressor business from The Japan Steel Works Burckhardt Compression is strengthening its market...
Read More »T.J. Snow Acquires ATek Controls
Resistance welding company now offering full support for ATek Control Chattanooga, TN. - T.J. Snow is pleased to announce the acquisition of ATek Controls. To ensure long-term support, ATek Controls has sold their TruAmp line of high precision AC resistance welding controls to T.J. Snow Company. “The ATek Controls product will be in good hands with T.J. Snow,” says former owner Gary Lowder....
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