Tag: Industrial Machinery Manufacturing

Barnes Group
Europe, Untied Kingdom

Apollo Funds Complete Acquisition of Barnes Group

Press Release – January 27, 2025 – BRISTOL, Conn. & NEW YORK – Barnes Group Inc. (NYSE: B) (“Barnes” or “the Company”), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) have completed the previously announced acquisition of Barnes in an all-cash transaction with a … Continue reading Apollo Funds Complete Acquisition of Barnes Group

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Trane Technologies
Europe, United States

Trane Technologies Completes Acquisition of BrainBox AI

Press Release – January 03, 2025 – SWORDS, Ireland – Trane Technologies (NYSE: TT), a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. The acquisition was previously announced in a press release on December 18, 2024. “We are delighted to officially welcome BrainBox AI associates as we further expand … Continue reading Trane Technologies Completes Acquisition of BrainBox AI

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APPLIED INDUSTRIAL TECHNOLOGIES
United States

Applied Industrial Technologies Completes Acquisition of Hydradyne, LLC

Press Release – January 02, 2025 – CLEVELAND – Applied Industrial Technologies (NYSE: AIT) today announced it completed the acquisition of Hydradyne, LLC on December 31, 2024. Based in Dallas, Texas with locations across the Southeastern U.S., Hydradyne is a premier provider of fluid power solutions with advanced service capabilities and product offerings in hydraulics, pneumatics, electromechanical, instrumentation, filtration, and fluid conveyance. Neil A. Schrimsher, … Continue reading Applied Industrial Technologies Completes Acquisition of Hydradyne, LLC

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Trane Technologies
United States

Trane Technologies to Acquire BrainBox AI

Press Release – December 18, 2024 – SWORDS, Ireland – Trane Technologies (NYSE: TT), a global climate innovator, announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. Headquartered in Montreal, Canada, a global AI hub, BrainBox AI has developed an industry-leading enterprise autonomous building platform. An estimated 15% of … Continue reading Trane Technologies to Acquire BrainBox AI

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Trane Technologies
United States

Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer

Press Release – December 17, 2024 – SWORDS, Ireland – Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Mauro Atalla as Chief Technology and Sustainability Officer, effective January 5, 2025. Atalla will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the product development, innovation and sustainability strategies for Trane Technologies globally. “We’re … Continue reading Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer

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Valmont Industries
United States

Valmont Appoints Thomas Liguori as Chief Financial Officer

OMAHA, Neb. – Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that Thomas Liguori will join the Company as Executive Vice President and Chief Financial Officer, effective immediately. Mr. Liguori will lead the global finance and accounting organization, reporting to Avner M. Applbaum, President and Chief Executive Officer. Mr. Liguori has … Continue reading Valmont Appoints Thomas Liguori as Chief Financial Officer

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Cell Impact
Europe

Cell Impact and F.C.C. take their collaborationto the next level

PRESS RELEASE – July 26,2024 The collaboration between Cell Impact and Japanese F.C.C. continues to deepen. Recently, the two companies undertook a joint effort to position Cell Impact Forming™ in China. In China, Cell Impact and F.C.C. visited several customers and prospects to display the benefits of Cell Impact Forming and the opportunities for large-scale production in Asia that the collaboration with F.C.C. offers. Some … Continue reading Cell Impact and F.C.C. take their collaborationto the next level

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Type One Energy
United States

Type One Energy Group finalizes $82.4M Seed financing round

KNOXVILLE, Tenn. – Type One Energy announced today the final closing of its $82.4 million seed financing round, attracting a broad base of global investors to the Company and its FusionDirect program, which is pursuing a direct path to commercializing fusion energy. FusionDirect is intended to culminate in the launch of Type One Energy’s fusion pilot power-plant project with an owner/operating partner by 2030. “By aligning our financing round … Continue reading Type One Energy Group finalizes $82.4M Seed financing round

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