OTEX develops and manufactures electrical safety products, specializing in arch flash PPE.
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It boosts the PPE maker’s logistics and fulfillment capabilities in the western U.S.
The 11-year Continental veteran was previously VP of marketing and straegy for the company's Industrial Solutions Americas unit.
Eaton announced plans to spin off its Mobility Group into a standalone public company, sharpening its focus on electrical and aerospace markets.
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
Proceeds will be used to reduce debt and increase financial flexibility.
Hose Assembly Pro, powered by Intelli.Build, allows Danfoss distributors to specify compatible hose assemblies and generate quotes.
For the third month in 2025, new metalworking machinery orders surpassed $500 million.
It follows the toolmaker having a new CEO at the start of October.
Gibraltar’s residential business is expected to generate over 80% of the company’s revenue once the deal closes.
October's decline negated September's gain, as weakness in production more than offset modest gains in all four demand subindexes.
The acquisition of the thermal management manufacturer will add expertise in liquid cooling for data centers and other markets.
Growth in its Repair Systems & Information Group led results that showed resilient margins and a legal settlement gain.
It'll take the process equipment manufacturer from a publicly-traded company to one owned by Lone Star Funds.
Manufacturing shows continued resiliance despite some headwinds.
Danfoss has acquired Palladio Compressor, expanding compressor solutions for industrial heat pumps and large commercial and industrial refrigeration.
September's PMI rose slightly to 49.1% but stayed in contraction territory as some manufacturers report tariffs driving prices up.
First Brands Group has filed for chapter 11 and secured $1.1 billion in financing from first lien lenders.
The administration would use a $550 billion investment fund established as part of trade negotiations with Japan to invest in strategic developments.
Electrical equipment and grid components distributors support NEMA's call for federal incentives for on-shoring supply chains efforts.
