HOUSTON – Cactus, Inc. (“Cactus” or the “Company”) has announced that its subsidiary Cactus Companies, LLC has entered into a definitive agreement with certain subsidiaries of Baker Hughes Company (“Baker Hughes”) to acquire 65% and assume operational control of the Baker Hughes Surface Pressure Control Business (“SPC” or the “Business”).

HELSINKI, Finland – Outokumpu and Grundfos are kicking off a new collaboration on green steel. The vast majority of Grundfos’ standard material supplied by Outokumpu will be changed into Outokumpu Circle Green, stainless steel with up to 93% lower carbon footprint compared to the global industry average. Already this year, approximately 90% of the stainless steel used in Grundfos’ production— used for the company’s energy-efficient and water-saving pump solutions—will be Circle Green.

BIRMINGHAM, Ala. – Motion Industries, Inc. has announced the opening of its first Canadian Motion Conveyance Solutions shop. The new facility, located at 100-10725 74 St. SE, Calgary, Alberta, officially opened its doors on May 1, 2025. This strategic location is designed to enhance Motion’s ability to serve customers’ growing needs across Western Canada. The Calgary shop marks a major milestone for Motion, becoming the company’s first Conveyance Solutions facility in Canada.