Stellex Capital Management, a middle-market private equity firm, has successfully finalized a definitive agreement to acquire a majority stake in Fox Brothers Holdings Group from its existing shareholders and management. Based in Lancashire, UK, Fox Brothers has been operating since…
The 2024 World Manufacturing Convention is scheduled for September 20-23 in Hefei, Anhui. This year’s theme, “Smart Manufacturing for a Better Future,” will highlight Anhui’s key industries, including new energy vehicles, next-generation information technology, and advanced manufacturing equipment. The event…
Geospace Technologies Corporation has announced a restructuring of its operations, effective fiscal year 2025, into three new business segments: Smart Water, Energy Solutions, and Intelligent Industrial. This realignment aims to better reflect the company’s ongoing diversification efforts, replacing the previous…
TechnipFMC has secured two subsea contracts from Petrobras for Brazil’s offshore pre-salt fields. The first contract, valued as “substantial”(1), involves the design, engineering, and manufacturing of flexible riser pipes. TechnipFMC will also provide related services, including packing and storage. The…
Keysight has announced a definitive agreement with Synopsys, Inc. (NASDAQ: SNPS) to acquire its Optical Solutions Group, a leading provider of optical design and analysis software. The deal is contingent on customary closing conditions, including regulatory approvals and the successful…
Ag-West Bio has recently made a $300,000 investment in NULIFE GreenTech, a Saskatoon-based startup that diverts waste from landfills by utilizing its patented HydroThermal Liquefaction (HTL) technology. This process transforms agricultural residues, food manufacturing waste, and sewage sludge into sustainable…
Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding (MOU) to collaborate on building a hydrogen mobility ecosystem. The agreement was made during the Korea-Czech Republic Business Summit in Prague, with Hyundai’s Executive Vice President Ken Ramírez…
In celebration of National Tradesperson Day, DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in jobsite solutions, announced the awarding of nearly $4 million in Grow the Trades Grants to 166 organizations. This initiative is part of…
California Manufacturing Technology Consulting® (CMTC) recently helped Pure Lab Solutions, a manufacturer of water purification systems, enhance its strategic marketing efforts. Located in San Diego, California, Pure Lab Solutions is a certified Women’s Business Enterprise specializing in lab water purification…
Kurve, a venture-backed startup emerging from stealth, has launched its beta product—an AI-driven developer tool that automates data discovery, feature engineering, and interoperability management. A spin-off from SRI International, Kurve has garnered investment from select angel investors and SRI Ventures.…
ResearchAndMarkets.com has released the “Global Autonomous Driving Policies & Regulations and Automotive Market Access Research Report, 2024.” In 2023, China exported approximately 4.14 million passenger cars, including 640,000 battery electric vehicles (BEVs) to Europe—41.27% of total BEV exports, valued at…
PPG has announced a two-year partnership with the Foundation for Environmental Education (FEE), a leading organization dedicated to promoting environmental education and sustainable development in schools worldwide. As part of this collaboration, PPG will provide a $150,000 community engagement grant…