KYOTO, Japan – Nidec Corporation today announced that they have acquired full ownership of Automatic Feed Company, Lasercoil Technologies LLC and Automatic Leasing Company, privately-owned US companies from its founding family on August 1, 2023.
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BUDAPEST, Hungary – NTN Corporation has become the latest Official Partner of World Athletics just in time for the World Athletics Championships, which will be held from August 19-27 in Budapest’s new National Athletics Centre.
OSLO, Norway – Spending on conventional oil and gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for. Rystad Energy research shows that despite the rising investments, discovered volumes are falling to new lows.
LAFAYETTE, La. – N2 Solutions (N2S), has announced the acquisition of PFS Nitrogen Services (PFS), a nitrogen technology company supporting the pipeline and petrochemical industry.
NEW YORK, NY. – Global technology intelligence firm ABI Research recently conducted a smart energy survey, questioning 114 executives at manufacturing operations in the United States about their energy-related challenges and which energy technology solutions and services they have adopted or are planning to adopt.
HELSINKI – UPM has acquired SunCoal Industries GmbH.
STAMFORD, Conn. – ITT Inc. has announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to chief executive officer Luca Savi. Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company.
TOKYO – Mitsubishi Electric Corporation announced today that it has taken an equity position in Novel Crystal Technology, Inc., a Japanese com
THOUSAND OAKS, Calif. – The Board of Directors of Teledyne Technologies Incorporated announced today that George C. Bobb III was promoted to the position of executive vice president of Teledyne, effective July 25, 2023.
CHICAGO – The current skills gap and workforce shortage issues facing OEMs and equipment distributors are daunting. To address these problems, the AED Foundation created Vision 2025, a project aimed at helping to increase the number of qualified technicians entering the equipment distribution industry. Komatsu is excited to announce that it has contributed $250,000 toward this important initiative.