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Eaton invests $50M+ in new Virginia facility to advance grid-to-chip AI data center solutions

PITTSBURGH--(BUSINESS WIRE)--Intelligent power management company Eaton today announced it will open a new manufacturing campus in Henrico County, Virginia, for critical power distribution technologies to help meet record demand from data center customers. With more than 50 new data centers already permitted in Virginia this year, Eaton is increasing regional manufacturing for technologies vital to data center equipment uptime and reliability. The company will more than double its footprint in...
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Value Added Distributors Expands Wire Harness Manufacturing Capabilities with Acquisition of L.T.L. Supply

SHAWANO, Wis.--(BUSINESS WIRE)--Value Added Distributors (“VAD”), a fabricator and distributor of hoses, tubes, fabricated rubber products, and hydraulic filtration products to specialty vehicle OEMs and other mobile fluid power users, is pleased to announce the acquisition of L.T.L. Supply (“LTL”), an established manufacturer and distributor of custom wire harnesses. This transaction marks VAD’s first acquisition since partnering with Rotunda Capital Partners in 2024, underscoring the shared v...
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Paladin Capital Group Releases Latest Safety Tech Report, Finds Growing and Evolving Industry to Protect Users as AI Adoption Accelerates

WASHINGTON--(BUSINESS WIRE)--Paladin Capital Group releases third annual "International State of Safety Tech Report."...
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Humana Healthy Horizons in Oklahoma Selects Six Nonprofits to Receive Community Impact Awards

OKLAHOMA CITY--(BUSINESS WIRE)--Humana Healthy Horizons in Oklahoma selects six nonprofits for community impact awards to address health-related social needs....
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Vixul Portfolio Company ScaleSec Successfully Acquired By RKON

AUSTIN, Texas--(BUSINESS WIRE)--Vixul is excited to announce the acquisition of its portfolio company, ScaleSec, by RKON to strengthen its cloud security capabilities. Under Vixul’s guidance, ScaleSec positioned itself for a successful transaction by operationalizing its customer acquisition and achieving financial maturity, resulting in stable growth in revenue. “Vixul changed how we approached our business. We knew we needed to make our practices more repeatable, and Vixul enabled us to opera...
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Crescent European Specialty Lending Provides Financing for Delta Equity Partners’ Refinancing of Dutch Occupational Health & Safety Service Provider Verdi Group

LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, one of the leading alternative credit investment firms, announced today that its European Specialty Lending strategy has provided financing to support the refinancing of Verdi Group, a Netherlands-based occupational health and safety (OHS) service provider focused on reducing workforce absenteeism. The financing will refinance existing bank debt, fund an add-on acquisition and support the company’s on-going M&A strategy. Verd...
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Two Prime Successfully Completes SOC 1 Type 1 and SOC 2 Type 1 Examinations

NEW YORK--(BUSINESS WIRE)--Two Prime Inc. (“Two Prime” or “the firm”), a leading provider of bitcoin financial services to institutional investors, today announced the firm has successfully completed System and Organization Controls (SOC) 1 Type 1 and SOC 2 Type 1 third-party audits under standards established by the American Institute of Certified Public Accountants (AICPA). Under AICPA’s standards, an organization is deemed in compliance with SOC 1 Type 1 standards if its internal system cont...
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Phoenix Manufacturing Launches Agricool Evaporative Cooling Solution, Purpose-Built for Continuous Operation in Modern Agriculture and Commercial Environments

PHOENIX--(BUSINESS WIRE)--Phoenix Manufacturing, Inc., a leading designer and manufacturer of evaporative cooling solutions for demanding climates, today announced the launch of Agricool, a system tailored to the specific needs of agricultural and commercial environments. The first Agricool innovation – AG42S – delivers industrial-strength performance with a quieter fan and market-leading cooling efficiency. AG42S consistently regulates temperature and airflow in settings where heat and ventila...
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Red Rocks Credit Union Introduces Roxie, a New Virtual Assistant Designed to Transform Member Service

LITTLETON, Colo.--(BUSINESS WIRE)--Red Rocks Credit Union has launched Roxie, a new virtual assistant that brings members faster, friendlier and more modern support. The technology reflects the credit union’s growing leadership in digital innovation across the financial services industry. Roxie is available by phone around the clock and is designed to give members quick access to account information, help with everyday questions and a smoother service experience any time they need it. The launc...
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Unicharm Accelerates Global Disposable Diaper Recycling with New “Dry Washing Method”

TOKYO--(BUSINESS WIRE)--Unicharm Corporation (TOKYO: 8113) has announced the development of an innovative new technology, the "Dry Washing Method," as part of its "RefF (Recycle for the Future)" disposable diaper recycling project. This pioneering method is set to open the path for disposable diaper recycling globally, particularly in water-scarce regions. The Potential of the "Dry Washing Method" The main technological breakthrough is the dramatic reduction of water consumption. The Dry Washin...