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BATON ROUGE, La. – Setpoint Integrated Solutions announced that effective May 31, 2021, Matthew Bate, current Setpoint chief financial officer (CFO), will be promoted to the role of president and chief executive officer (CEO). Bate will succeed Jeff Birch, who will transition to managing director, president and CEO of fellow Pon Holdings organization, The Hiller Companies.

ALBANY, N.Y. - CHA Consulting, Inc. (CHA), a full-service engineering consulting and construction management firm, announces its recent acquisition, Reiss Engineering, is now fully integrated and has rebranded as CHA. This rebranding and integration strengthens CHA's water, wastewater, reuse, and stormwater capabilities and strengthens CHA's presence in the Southeast by expanding into Florida.

JOHANNESBURG, South Africa - Conrad Penzhorn has been appointed managing director of Vesconite Bearings BV, the wholly-owned Netherlands subsidiary of plain bearing and wear material manufacturer Vesconite Bearings.

He joined Vesconite Bearings in 2019 as a development engineer, specializing in automotive applications.

The bearing-material manufacturer sees the European pumps, marine and rail markets as key to growth.

FORT WAYNE, Ind. - Franklin Electric Co., Inc. announced that it has acquired New Aqua, LLC and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments. The transaction is expected to be accretive to earnings per share (EPS) in 2021 in the range of $0.04 to $0.06 per share.