MACEDON, N.Y. – Auburn Bearing & Manufacturing Inc, an American-based designer and manufacturer of thrust bearings, custom bearings and precision components, announced that it has acquired the assets of Aurotek TSB, Inc.
The acquisition is effective as of Feb. 1, 2021.
SILVER SPRING, Md. – The STEM Careers Coalition – the first-of-its-kind national STEM initiative powered by corporate leaders and anchored in schools by Discovery Education – inv
HOUSTON, Texas – Grundfos announced the establishment of its new global Mobility Team, a dedicated group of business experts to support the green evolution of the automotive and transportation industry.
NACKA, Sweden - Atlas Copco has acquired DGM SRL, an Italian distributor of compressed air equipment and related services. The company’s customers are mainly industrial companies active in the Veneto region in the north-east of Italy.
MUNICH, Germany - Siemens has completed the succession process for its top management. As long planned, Roland Busch has succeeded long-serving president and CEO Joe Kaeser as head of the Munich-based technology company.
At the company’s virtual Annual Shareholders’ Meeting today, shareholders also confirmed, by a large majority, supervisory board chairman Jim Hagemann Snabe for another four-year term of office.
ST. LOUIS, Mo. – Emerson announced Chief Executive Officer David N. Farr will retire on Feb. 5. Lal Karsanbhai, who has served as executive president of the company’s Automation Solutions business since 2018, will become the new CEO of Emerson and join the board of directors.
