CHICAGO – Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed.
Carl Eric Johnson, Inc. has announced its expansion into four new states: Kentucky, West Virginia, Arkansas and Mississippi, further solidifying its presence in the region. With this move, CEJCO now serves a total of eight states, including its already established presence in Tennessee, Georgia, Alabama and Florida.
KYOTO, Japan – Nidec Corporation (the “Tender Offeror”) decided on September 13, 2023 to acquire, through a tender offer in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended, the “Act”) and related laws and regulations (the “Tender Offer”), the common shares (the “Target Company Shares”) issued by Takisawa Machine Tool Co., Ltd. (Securities Code: 6121. The “Target Company”), which are listed on the Standard Market of the Tokyo Stock Exchange, Inc.
HUNTINGTON BEACH, Calif. – Blue-White has announced the addition of Paul Darche to their sales team as a business development manager. Darche will be responsible for developing their channel network in Canada.
HOUSTON – DXP Enterprises, Inc. has announced the completion of the acquisition of Alliance Pump & Mechanical Service, Inc (“Alliance”), a leading municipal and industrial pump sales, service and repair company. DXP funded the acquisition with cash on the balance sheet.
MIAMI – Flowserve Corporation and Pleuger Industries GmbH have an early mutual resolution to all pending legal disputes between the parties through the establishment of a cooperative commercial relationship for the foreseeable future.
Flowserve and Pleuger have agreed to focus on certain joint initiatives to drive advancements in fluid motion control solutions within the Pleuger and Flowserve product ranges.
BELDING, Mich. – Robroy Industries Enclosures Division has announced that Jeff Hall has been promoted to plant manager for the company’s enclosure manufacturing facility in Belding, Michigan.
MONTREAL, Quebec – WILO Canada Inc., a subsidiary of WILO SE, has acquired the assets of PLAD Equipment Ltd., a company specializing in pumps and packaged pump systems for HVAC, boosting, firefighting and irrigation applications. Plad, based in Montreal and Quebec City, Quebec, Canada, employs 43 people and also offers pump repair and machining services.
DETROIT LAKES, Minn. – SJE is excited to announce that Ana Bashi will join SJE as Chief Financial Officer (CFO) starting on Monday, October 30, 2023. Bashi replaces Interim CFO Michael Smith, who will assist with her transition.