MINNEAPOLIS: WSB LLC, a national infrastructure engineering and consulting firm, announced Tuesday it has acquired Agbara Engineering, a power delivery engineering firm. The strategic acquisition enhances WSB’s ability to support the full lifecycle of energy infrastructure for clients. The deal brings more than 50 employees from Agbara into WSB. Combined, the firm now has nearly…
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FloWorks International acquires Slater Controls LLC
ROSEMONT: FloWorks International LLC, a portfolio company of Wynnchurch Capital, L.P., today announced the acquisition of Slater Controls LLC. Slater Controls is a distributor of valve automation, instrumentation, and relief valves with four locations in Texas, New Mexico, and Arizona. The Company serves a diverse customer base across various process industries. This transaction marks the…
Graham Corporation has acquired Xdot Bearing Technologies
BATAVIA: Graham Corporation (NYSE: GHM) announced the acquisition of certain specified assets of Xdot Bearing Technologies, a specialized consulting, design and engineering firm focused on foil bearing technology. Graham Corporation is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process,…
DocGo Inc. has acquired virtual care platform SteadyMD, Inc.
NEW YORK: DocGo Inc. (Nasdaq: DCGO), a leading provider of technology-enabled mobile health and medical transportation services, has acquired virtual care platform SteadyMD, Inc. SteadyMD powers high-quality telehealth experiences for digital health companies, labs, pharmacies, employers, and other healthcare innovators. The company offers a 50-state virtual clinician workforce, clinical operations, and world-class technology that powers…
FMCGIS acquires Ozflow Australia, secures exclusive rights to German hygiene drainage tech
SYDNEY: FMCG Industry Solutions (FMCGIS), a provider of specialized infrastructure for Australia’s fast-moving consumer goods sector, has acquired Brisbane-based Ozflow Australia, securing exclusive national distribution rights for Germany’s Wiedemann Technik drainage systems. The strategic acquisition integrates advanced hygienic drainage technology into FMCGIS’s portfolio, addressing a critical vulnerability in food and beverage manufacturing: bacterial contamination from…
ARATA, PALTAC, and PLANET to launch product data registry for Japan consumer goods
TOKYO: Japanese distributors ARATA CORPORATION and PALTAC CORPORATION, along with data exchange firm PLANET, INC., said on Monday they will establish a new company to centralize product information management for the consumer goods industry. The new venture, Product Registry Services, Inc., aims to create a single, standardized source for product data – such as descriptions…
Avid raises $6.5 million seed funding to advance AI-powered fundraising platform
AUSTIN: Avid, developer of the first AI-powered Fundraising Operating System, announced Thursday it has raised $6.5 million in seed funding led by Silverton Partners, an Austin-based venture capital firm. The investment will support Avid’s mission to streamline nonprofit fundraising by integrating strategy and execution into a single platform. Already adopted by leading nonprofit organizations, Avid’s…
Prince Silver Corp shares begin trading on Frankfurt Stock Exchange
FRANKFURT: Prince Silver Corp (CSE: PRNC) (OTCQB: PRNCF) said on Thursday its common shares have commenced trading on the Frankfurt Stock Exchange under the symbol T130, expanding the Canadian silver explorer’s market presence to European investors. The listing adds to Prince Silver’s existing quotations on the Canadian Securities Exchange and the OTCQB in the United…
Certerra acquires Farabaugh Engineering to expand testing capabilities nationwide
REDMOND: Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, announced Thursday it has acquired Farabaugh Engineering and Testing, a specialized firm offering product testing, auditing, and engineering services for construction and building components. The acquisition strengthens Certerra’s Analytical Labs and Building Products Divisions, expanding its technical capabilities and geographic…
TSMC posts record Q3 profit on surging AI chip demand
TAIPEI: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 39.1% jump in third-quarter profit on Thursday, setting a new record as robust demand for artificial intelligence chips continued to drive growth. The world’s largest contract chipmaker posted net income of NT$452.3 billion ($14 billion), beating LSEG SmartEstimates of NT$417.69 billion. Revenue rose 30.3% year-over-year to NT$989.92…
Stellantis to invest $13 billion to grow in the United States
AUBURN HILLS: Stellantis announced today plans to invest $13 billion over the next four years to grow its business in the critical United States market and to increase its domestic manufacturing footprint. The investment is the largest in the Company’s 100-year U.S. history and will support the introduction of five new vehicles across the brand…
Skycorp Solar Group to acquire 24% stake in Nanjing Cesun Power for $8.7 million
KARACHI: Skycorp Solar Group Limited (NASDAQ: PN), a manufacturer of solar cables and connectors, said Tuesday it has signed a definitive agreement to acquire a 24% equity interest in Nanjing Cesun Power Co., Ltd. for approximately $8.7 million. The stake will be purchased from Skyline Tech Limited through the issuance of 12 million Class B…