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HELSINKI, Finland - The future Metso Outotec Board of Directors has decided on the planned company structure and the related Executive Team appointments. The nominations become effective after the closing of the partial demerger of Metso and the combination of Metso’s Minerals business and Outotec, which is currently expected to take place on June 30, 2020, subject to the receipt of all required regulatory and other approvals, including competition clearances.

WEIHAI, China – Continuing to drive its strategy of increasing local product availability and support in China and the Asia-Pacific market, CIRCOR has opened for business at its expanded 6,000 quare meter plant in the city of Weihai, Shandong province. The fully integrated facility is providing end-to-end manufacturing, sales and service to commercial marine and industrial customers in the region.

HOUSTON – Grundfos marks its anniversary by celebrating a commitment through generations to strong values, creating a better future and making an impact by pioneering together.

From the very first pump in 1945 to today’s digital solutions, the company now has 19,280 colleagues all over the world.

HOUSTON, May 12, 2020 -- CUI Global, Inc. (“CUI Global” or the “Company”) announced Friday it will change its name to Orbital Energy Group, Inc. (“Orbital Energy”), effective immediately. The new name reflects the Company’s strategic repositioning to become a diversified energy infrastructure services company. Orbital Energy’s common shares will continue to be listed for trading on the Nasdaq under the new ticker symbol ‘OEG,' which began at market opening on May 11, 2020.

YORK, Pa. / BOEBLINGEN / HEIDENHEIM (May 8, 2020) – The global technology company Voith Group and Moog Inc., both developers, manufacturers and suppliers of electric, hydraulic and hybrid drive solutions, have signed the contracts to form the joint venture HMS – Hybrid Motion Solutions GmbH based in Rutesheim on April 29, 2020. The joint venture provides for a strategic partnership to expand the hydrostatic servo-hydraulics business in various industrial markets.