It follows the toolmaker having a new CEO at the start of October.
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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.
Imperial Building Products will operate as a distinct business unit within CGC and be lead by a new General Manager and Vice President.
A former Milwaukee Tool employee faces charges after he allegedly stole more than $1 million in tools through an order-and-delete scheme.
AmeriLux International and Brett Martin have formed American Polycarbonate Company, a Wisconsin-based joint venture set to supply polycarbonate sheets.
OESL develops and manufactures hose lines and bearing elements for combustion-engine and electric vehicles.
Ansell's CEO said the PPE maker is "unlikely" to invest in U.S. manufacturing as its distributors say the cost premium is too high.
International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures of several U.S. packaging facilities, as part of its ongoing transformation strategy.
New Process Steel is a manufacturer and distributor of metal products based in Houston, TX.
Based in St. Louis, ECI manufactures electrical distribution systems, control box assemblies and other engineered components to a range of industries.
