WARMINSTER, Penn. – ThermOmegaTech has announced the expansion of its manufacturing facility. This expansion adds 23,000 square feet to the existing 37,000 square feet and incorporates new manufacturing, research and development and office space for the company's growing divisions, resulting in 60,000 square feet total.
CAROL STREAM, Ill. – Ergoseal, a provider of advanced sealing solutions, has announced its acquisition of Performance Sealing Solutions LLC, (PSS) effective July 10, 2024.
ST. LOUIS, Mo. – Nidec’s U.S. MOTORS division recently promoted two long-time staffers to senior roles. Cory Kniepp is now director, strategic planning & marketing operations, and Patrick Hogg is senior marketing director, industrial OEMs and distribution.
BJERRINGBRO, Denmark – Grundfos has announced the appointment of Hamed Heyhat as executive vice president and divisional CEO, Water Utility. He assumes the role on 1 July 2024, and will join Grundfos’ Group Management.
TOKYO, Japan – Komatsu has completed the acquisition of GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany.
EXTON, Penn. – Following the CEO transition plan previously announced by Bentley Systems, Incorporated, Nicholas Cumins has taken over as CEO. Cumins succeeds Greg Bentley, the eldest of the five brothers who founded Bentley Systems, who becomes executive chair of its board of directors.
MONTESANO, Wash. – Vaughan Company, Inc. (Vaughan) has hired Jack Pitts as regional sales manager for the Great Lakes region.
Pitts has over 35 years of industry experience and has spent much of his time specializing in both industrial and municipal pump sales and distribution management. At his previous job, he managed the second largest region with sales of over $27 million annually.
MT. PROSPECT, Ill. – NTN Bearing Corporation of America is proud to share the story of their recent Community Spirit & Engagement Event at Wright-Way Rescue.
WESTFORD, Mass. – Kadant Inc. has announced it has completed the acquisition of Dynamic Sealing Technologies LLC and affiliates (“DSTI”) for approximately $55 million in cash, subject to certain customary adjustments. The acquisition was financed through borrowings under Kadant's revolving credit facility.