DALLAS (Jan. 14, 2016) – Accudyne Industries has named Charles L. “Chuck” Treadway chief executive officer, succeeding Elmer Doty. Treadway, who most recently served as president and chief executive officer of Thomas & Betts Corporation, a global business unit of ABB, will assume the position on March 1 and be based in Dallas, Texas. Accudyne is a portfolio company of BC Partners and The Carlyle Group.
(Jan. 14, 2016) – Graphite Metallizing Holdings Inc (GMHI) has purchased Exalto UK, the manufacturer and worldwide supplier of water lubricated bearings, from its Dutch owners, Exalto BV. GMHI, the US-based manufacturer of bearings, has established a new UK company, Exalto Bearings UK Ltd, who will continue to supply the Marine and Pump Industries worldwide with quality bearings.
COLUMBUS, Ohio (Jan. 14, 2016) – Ohio Transmission Corporation has announced the acquisition of PumpTek, LLC. The team at PumpTek, LLC specializes in pumps with seal-less technology. The company will operate as a division of OTP Industrial Solutions, which provides solutions for industrial motion control, fluid power, power transmission and pumping systems.
One food processing plant saved energy and simplified maintenance by replacing a surface system.
Federal Reserve action and emerging market weakness will also impact equipment manufacturers.
(Jan. 12, 2016) – Stora Enso Timber Ab and KPA Unicon Oy have signed a contract for a biomass-fired hot water boiler plant delivery to Stora Enso sawmill Ala in Ljusne, Sweden. The new Unicon Biograte 15 MWth boiler plant will use bark and wood residues from the Ala sawmill as fuel, and it will produce hot water to the sawmill´s drying kilns. The new biomass boiler plant is scheduled to be in operation by November 2016.
(Jan. 12, 2016) – The WateReuse Association joined seven other water sector groups in urging the Bureau of Reclamation to use a portion of newly received drought response funds to invest in water reuse activities.
