KNOXVILLE, Tenn. – Oct. 4, 2022—RDI Technologies, Inc. (“RDI”) today announced it has completed the purchase of privately-held Fastec Imaging Corporation (“Fastec”). RDI’s acquisition of Fastec adds new customers, talent and intellectual property, and it enables RDI to accelerate its product development initiatives. The transaction follows SFW Capital Partners’ (“SFW”) strategic investment in RDI in February 2022.
ROCK HILL, SC – Atlas Copco Compressors has acquired the operating assets of the compressor business of Mesa Equipment & Supply Company (Mesa). Mesa is headquartered in Albuquerque, New Mexico and has a significant market presence across the entire state.19 people will join Atlas Copco as a result of this acquisition.
BURLINGTON, Mass. – CIRCOR International, Inc. has announced the promotion of Jannik Röben to senior director marketing and strategy, industrial pumps at CIRCOR International, Inc.
BROOKFIELD, Wis. – Anderson Process has acquired Neil Dornbusch & Associates.
MADISON HEIGHTS, Mich. – Wall Colmonoy has announced the return of Joel Gutierrez as business development manager – alloy products. Gutierrez previously worked at Wall Colmonoy from 2010 and 2017.
TORONTO – EBARA Corporation Japan (EBARA) has acquired 100% equity of Hayward Gordon L.P. (Hayward Gordon).
Amid concerns about slower growth for the global economy, the Export Orders Index slipped into contraction territory.
DAVIDSON, N.C. – Ingersoll Rand Inc. has acquired Dosatron International L.L.C. and Dilution Solutions L.L.C. (collectively, “Dosatron International”) for an all-cash upfront purchase price of approximately $90 million, with additional future consideration of up to $15 million.
John Spears gives outlook for the worldwide oil and gas industry
MINNEAPOLIS – Wanner Engineering has announced that it has won a court judgement in China for an infringement against one of its patents.
Wanner was able to stop the counterfeiters who were making very poor quality pumps, sending an important message that it is protecting its rights and doing everything it can to stop the copying of patented innovations.