I.D. Systems Acquires PowerKey and Launches PowerKeyPLUS(TM) Product Line for Wireless Industrial Vehicle Management
Hackensack, NJ, April 21, 2008-I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless asset management solutions, today announced that it has acquired PowerKey, the industrial vehicle monitoring products division of International Electronics, Inc., a manufacturer of access control and security equipment, for $500,000. Simultaneously, I.D. Systems has launched a new wireless product...Read More »
Kaman Completes Acquisition of Industrial Supply Corp.
BLOOMFIELD, Conn., April 1, 2008 -- Kaman Corp. (Nasdaq: KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT) completed the previously announced acquisition of Industrial Supply Corp. (ISC) of Richmond, Virginia on March 31, 2008, the first day of Kaman's second quarter. ISC is now a wholly owned subsidiary of KIT, Kaman's Industrial Distribution segment....Read More »
Two Induction Leaders Formally Combine Operations
ABP AND PILLAR WILL NOW BE ABP INDUCTION DORTMUND, GERMANY, February 12, 2008 - ABP Induction, LLC and Pillar Induction Company, LLC, both experts in induction melting and heating, have combined their operations into ABP Induction, LLC. Both companies are owned by CM Acquisitions, a Chicago-based investor. Pillar and ABP have been working closely together for the past two years, since ABP...Read More »
Goodfellow Acquires the Technical Glass Company
Oakdale, PA...April 30, 2008... Goodfellow Cambridge Ltd., parent company of Goodfellow Corporation of Oakdale, Pennsylvania, has acquired The Technical Glass Company, a UK-based supplier of ceramics, ceramic components and specialist glass for scientific and industrial applications. In announcing the purchase, Goodfellow Managing Director Stephen Aldersley stated, The acquisition of Technical...Read More »
Matheson Tri-Gas, Inc. Acquires Five Star Gas & Gear, Inc.
Basking Ridge, NJ, - March 13, 2008 - Matheson Tri-Gas, Inc., has successfully completed the purchase of Five Star Gas & Gear, Inc. of Los Nietos, CA. The purchase will add five new branches to the Matheson Tri-Gas network, and the acquired company will become a part of the Matheson Tri-Gas Industrial Gas Group business unit. The transaction involves all of Five Star's assets and employees. Kirk...Read More »
Rockwell Automation to Acquire Incuity Software
MILWAUKEE (April 22, 2008) - Rockwell Automation, Inc. (NYSE: ROK) announced today that it has reached a definitive agreement to acquire Incuity Software, Inc., a privately held company that is a leading supplier of Enterprise Manufacturing Intelligence (EMI) software. Incuity's software provides real-time intelligence for business decision support to improve operations and reduce production...Read More »
Airgas Acquires A&N Plant; Will Integrate with North American-based Red-D-Arc
RADNOR, PA - April 7 , 2008 -- Airgas, Inc. (NYSE: ARG) today announced it has acquired A&N Plant, a European-based supplier of new and reconditioned rotating, positioning, and welding equipment for sale and rent. The business generated approximately $20 million in revenues for the year ended June 30, 2007. The acquisition, effective April 4, 2008, creates a new business unit of Red-D-Arc...Read More »
MTS Signs Agreement to Acquire SANS Group
Accelerates Expansion in China EDEN PRAIRIE, Minn., April 29 - MTS Systems Corporation (NASDAQ:MTSC) today announced it has signed an agreement to acquire the assets of SANS Group (SANS), a leading provider of material testing solutions in China. The acquisition helps to accelerate MTS' strategy to grow geographically and strengthens the Company's leadership position in the worldwide materials...Read More »
Superior Plant Services Purchased by Actuant
We are pleased to announce that Actuant Corporation (NYSE:ATU) has completed the purchase of Superior Plant Services L.L.C. in a deal worth $57 million. Actuant Corporation is a $1.5 billion diversified industrial company with operations in more than 30 countries. The Actuant businesses are market leaders in branded hydraulic and electrical tools & supplies as well as highly engineered position...Read More »
Kurz-Kasch Acquires Macon Electric Coil, Inc.
DAYTON, Ohio - January 31, 2008 - Kurz-Kasch, Inc., a worldwide leader in the design and manufacture of electromagnetic products, solenoids and composite components, announced today that it has acquired Macon Electric Coil, Inc. ( Macon ), a leading manufacturer of custom electric coils and solenoids for the irrigation and consumer appliance industries. Macon founder Bill Macon will join...Read More »