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Portland manufacturer ESCO acquired in $1.3B deal
ESCO Corp., one of Portland's oldest manufacturing companies, on Thursday said it will be acquired for $1.285 billion by another maker of mining equipment, Scotland-based The Weir Group PLC. The deal brings together two industry giants in the wo.....»»
Korea LCD equipment firms to rely more on exports to China in 2018, says Digitimes Research
Most Korea-based LCD equipment maker.....»»
Maker of marine deck equipment makes an acquisition
Crestwood manufacturer Schoellhorn-Albrecht has acquired Lockhart Welding Company, a full-service fabrication firm also based in St. Louis. Terms weren't disclosed......»»
Mallo Cup maker takes over Clark Bar
The Clark Bar has been rescued by the Mallo Cup. Altoona-based Boyer Candy Co., which makes the Mallo Cup, has purchased the rights, recipes and equipment to produce Clark Bars, according to the Pittsburgh Post-Gazette. The seller was not identifi.....»»
IC packaging equipment maker GMM eyes robust performances for 2018
Taiwan-based IC packaging equipment supplier Gallant Micro Machining (GMM) is expected to see its 2018 revenues and profits rebound to high levels recorded in 2016 after experiencing lackluster performances in 2017......»»
Callaway Golf to acquire German active wear brand Jack Wolfskin for about $476 million
Callaway Golf Co. said Friday it has reached a deal to acquire Jack Wolfskin, a maker of outdoor clothing, footwear and equipment based in Germany, for the equivale.....»»
Austin-area space company could help NASA return to the moon
Firefly Aerospace Inc. in Cedar Park is among nine companies selected by NASA that may bid to deliver science, equipment and people to the moon for the space agency. Up to $2.6 billion is up for grabs for Firefly, Houston’s Intuitive Machines LLC and t.....»»
Children"s apparel firm Florence Eiseman sees bigger potential for annual warehouse sale
Iconic designer children’s-wear maker Florence Eiseman continues growing its e-commerce revenue, but the Milwaukee-based company recently rediscovered the power of the annual sale at its hometown warehouse......»»
Apple Analyst Notes Users Are Lavishing Praise On Sonos" New $449 Headphones For Superior Sound Quality Over Airpods Max: "Ace Has a Real Opportunity To Succeed"
Users report that Sonos Inc.'s new $499 Ace headphones deliver "decidedly superior sound" compared to Apple Inc.'s AirPods Max. Ace features advanced options like active noise cancellation and Wi-Fi-based syncing with the Sonos Arc sound bar. read more.....»»
Electric vehicle maker Lucid Group sets layoffs to cut costs amid lowered demand
California-based Lucid Group, which makes its electric luxury sedans in Arizona, is laying off hundreds of workers in an attempt to cut costs......»»
Former Starbucks CEO Kevin Johnson joins board of AI startup
He is joining the board of San Jose-based Recogni, a maker of hardware and chips for AI, after it raised $102 million earlier this year......»»
Why deep pockets just paid over $2 billion for key software unit in Bay Area tech company
The transaction comes about three months after Synopsys agreed to buy Pennsylvania-based engineering software maker Ansys Inc. for about $34 billion in one of the largest tech acquisitions in recent years......»»
Why Sprouts" CEO watches competition from Whole Foods like a hawk
Sprouts Farmers Market, the Phoenix-based grocery chain, continues to deliver better than expected financial results. The company's CEO says he pays close attention to its competitors, especially Whole Foods Market, which is owned by Amazon.com Inc......»»
St. Louis public company to make $290M acquisition
The Clayton-based supplier of network infrastructure products and services has agreed to a $290 million deal to purchase a provider of networking equipment......»»
Drug device maker names operations chief ahead of St. Louis-area expansion
A manufacturer of drug-delivery devices has named a St. Louis-based operations chief as it completes a $100 million expansion of a local facility......»»
Grote Co. acquires Arkansas-based food procesing eqiupment maker
A Central Ohio manufacturer is expanding through acquisition......»»
Five things: Bose spinout HQ, Ty Law"s vodka, GE Vernova and sticking stuff to squids
Good morning, Boston. It's National Pretzel Day. Here are the five things you need to know in Boston business news to start your Friday. Bose Professional, a one-time division of audio equipment maker Bose Corp. that now operates independentl.....»»
$120M industrial project rises in tiny city outside Austin
The San Francisco-based developer aims to deliver the first two buildings, totaling about 400,000 square feet, by the start of next year's third q.....»»
Farmington-based PESCO, NM Tech partner to commercialize wastewater technology
Process Equipment & Se.....»»
Custom Truck One Source buys New York repair shop in second acquisition of 2023
The Kansas City-based manufacturer and single-source provider of specialized truck and heavy equipment solutions made its second M&A deal of 2023......»»