CAROL STREAM, Ill. – Ergoseal, a provider of advanced sealing solutions, has announced its acquisition of Performance Sealing Solutions LLC, (PSS) effective July 10, 2024.
NEWS
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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.
ONTARIO, Canada – Hayward Gordon ULC and EBARA Pumps Canada Corporation have announced their strategic amalgamation to form EBARA HG ULC. In addition, Scott Turbon Mixer Inc. is changing its name to EBARA Mixers Inc. These changes will strengthen market position, streamline corporate structure and enhance support for our valued customers.
Effective June 30, 2024, the changes represent a significant milestone for all companies.
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.
LAWERENCE, Mass. – Asahi/America, Inc. has announced two additions to its outside sales team: Ben Muniga and Robert Snyder.