Minnesota-based CPM is a manufacturer of processing equipment used in oilseed and animal feed production, while North Carolina-based MW Components makes fasteners, springs and precision metal components.
Parker Hannifin is set to significantly expand its Aerospace & Defense footprint by acquiring CIRCOR’s commercial and defense aerospace business, adding flight-critical motion and flow control technologies tied to major OEM and defense platforms.
The acquisition enhances Danville, VA-based Unison Tube’s product portfolio of tube technology in the U.S.
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
Hose Assembly Pro, powered by Intelli.Build, allows Danfoss distributors to specify compatible hose assemblies and generate quotes.
Gibraltar’s residential business is expected to generate over 80% of the company’s revenue once the deal closes.
October’s decline negated September’s gain, as weakness in production more than offset modest gains in all four demand subindexes.
September’s PMI rose slightly to 49.1% but stayed in contraction territory as some manufacturers report tariffs driving prices up.
Electrical equipment and grid components distributors support NEMA’s call for federal incentives for on-shoring supply chains efforts.
OESL develops and manufactures hose lines and bearing elements for combustion-engine and electric vehicles.
Ansell’s CEO said the PPE maker is “unlikely” to invest in U.S. manufacturing as its distributors say the cost premium is too high.
International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures of several U.S. packaging facilities, as part of its ongoing transformation strategy.
