LONDON: Volex plc (AIM: VLX), a global manufacturer of power and data transmission products, announced Monday a series of leadership changes, including the appointment of Dave Webster as non-executive chair and Nat Rothschild as chief executive officer. The changes are effective immediately, the company said. Webster brings extensive experience leading global manufacturing firms. He currently…
Tag: Power Systems
Electro-Mechanical LLC acquires Maryland based Powercon Corporation
BRISTOL: Electro-Mechanical, LLC, a leading U.S. manufacturer of medium voltage switchgear and electrical apparatus, announced Friday it has acquired Powercon Corporation, a Maryland-based provider of custom-designed power distribution systems. Founded in 1959, Powercon brings more than six decades of engineering expertise in medium voltage switchgear, e-houses, and modular substation power systems. The acquisition strengthens Electro-Mechanical’s…
Rolls-Royce Holdings Plc signals robust growth with HY 2025 results, upgrades full-year outlook
In six months, the group reported a 50% surge in underlying operating profit to £1.7 billion LONDON: Rolls-Royce Holdings PLC delivered a markedly strong first-half performance for 2025, underscoring the momentum of its multi-year transformation despite headwinds from supply chain disruptions and rising tariffs. In the six months to June 30, the group reported a…