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STOCKHOLM, Sweden -- Atlas Copco this month opened a new European headquarters for its rental business.

The Boom, Belgium facility will house 80 employees to support a network of 50 depots and customers in Europe.

It will also be the new headquarters for the Specialty Rental division in Atlas Copco’s Construction Technique business area.

RYE BROOK, New York -- The Halo Awards, one of North America's highest honors for corporate social initiative, have awarded Xylem Inc. with its Gold Halo Award for their employee engagement.

In 2016, Xylem launched a employee service initiative through Xylem Watermark, its corporate citizenship program. Watermark is aimed at providing and protecting water resources for vulnerable communities around the globe.

HELSINKI, Finland -- Wärtsilä has established an internal organization of more than 400 existing employees to drive transformation at the company.

After hiring Marco Ryan as chief digital officer (CDO) and executive vice president in September 2016, Wärtsilä began recruiting a digital leadership team to focus on future technology such as artificial intelligence, data analytics, open platforms and cyber security.

ZURICH, Switzerland -- ABB last week officially opened its new Canada headquarters, which will consolidate 700 employees in a $90 million Montreal facility.

ABB has dubbed the headquarters "Campus Montreal", which will house R&D, manufacturing, assembly and testing for ABB's energy value chain. The facility will also house the hundreds of employees previously spread across six locations in the area.

CHELTENHAM, England -- Spirax-Sarco has announced plans to acquire Chromalox, a Pennsylvania-based manufacturer of electric heat and control products.

Spirax-Sarco will purchase the company from private equity firm Irving Place Capital for $415 million, according to Reuters. Spirax-Sarco will retain Chromalox's executive team after the acquisition is completed.

HEMEL HEMPSTEAD, England -- Atlas Copco has appointed Alexander Pavlov as general manager of its Compressors Technique business in the United Kingdom and Ireland.

Pavlov previously managed Atlas Copco's compressors business in Ireland. He joined the company in Antwerp in 2003, and has also been based in Greece.

According to an Atlas Copco release, the aftermarket business will be one of Pavlov's main focus areas.