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The acquisition of Howden Roots expands Ingersoll Rand’s product portfolio with new low-pressure compression and vacuum technologies.
The company will get 2% of every product sold by merchants who are members of its Seller Fulfilled Prime Program.
RBC is buying the manufacturer of precision bearings for the commercial and defense aerospace markets for $18.7 million.
Paused early in the COVID-19 pandemic, the service could place Amazon as a direct competitor with parcel delivery giants like UPS and FedEx.
The privately owned company based in Changzhou, China, specializes in the design, production and sales of tungsten carbide cutting tools.
Facilities in Kansas include office, training center, and warehouse space totaling over 60,000 square feet.
Ultimation was recognized in 2020 and 2022 as one of Inc. 5000’s fastest growing private companies in America.
The company anticipates the new facility will employ approximately 80 team members when complete and over time employ more than 150 people.
The system integrates with the company’s proprietary warehouse picking processes to maximize productivity and reduce costs.
DSG, which just acquired Hisco, said the stock split demonstrates continued confidence in its long-term growth and financial performance.
