ATLANTA & DALLAS – Chart Industries, Inc. and Flowserve Corporation have announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion based on the exchange ratio and the closing share prices for Chart and Flowserve as of June 3, 2025.

MONTREAL, Canada – ABB Electrification Canada Inc. has announced it has completed its acquisition of Bel Products Inc. This acquisition enhances ABB’s market presence in Canada and the U.S., expanding its product portfolio and enabling the company to leverage its manufacturing, warehousing and supply chain capabilities to better meet growing customer demand. The financial terms of the transaction are undisclosed.

MADISON HEIGHTS, Mich. – Clinton (Clint) Reilmann joined Wall Colmonoy in August 2024 as chief financial officer with extensive experience in finance, accounting, compliance and operational excellence in the manufacturing industry.