Manufacturing News

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO”) (NYSE: QXO) today announced that, in connection with its pending acquisition of TopBuild Corp. (“TopBuild”), it has commenced, through its wholly-owned subsidiary Titanium MergerCo, Inc., a Delaware corporation (the “Company”), tender offers (collectively, the “Tender Offers”) to purchase for cash any and all of the outstanding (i) 4.125% Senior Notes due 2032 (the “2032 Notes”) and (ii) 5.625% Senior Notes due 2034 (the “2034 Notes” and, tog...

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Karman Space & Defense Provides Operational Data Update in Connection with Launch of Secondary Offering...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 32.0 cents per share, an increase of 6.7% from the prior quarterly dividend of 30.0 cents per share. The dividend is payable June 30, 2026, to shareholders of record on June 15, 2026. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2025 marked the 30th consecutive year of annual dividend increases. The Comp...

SAGUENAY, Canada--(BUSINESS WIRE)--Rio Tinto has successfully started commissioning its US$1.5 billion AP60 smelter expansion at Complexe Arvida in Quebec, marking a major milestone for the deployment of its state-of-the-art, low-carbon aluminium smelting technology. The start-up, which began in March, is expected to be completed by the end of 2026 with all 96 new pots operating. This will increase the plant’s production capacity by approximately 160,000 metric tonnes of primary aluminium annua...

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the appointment of Scott A. Keller as general counsel. Keller, 44, will join Chevron on July 1 as general counsel, and will report to Chevron’s current chief legal officer, R. Hewitt Pate, in anticipation of Pate’s expected retirement in mid-2027 after 17 years of service. Upon his expected appointment to the position of chief legal officer, effective January 1, 2027, Keller will lead the company’s worldwide legal affairs...

LAKE FOREST, Calif.--(BUSINESS WIRE)--Zef Scientific, Inc. (ZefSci), the leading North America independent service provider of multivendor LCMS systems, today announced a partnership with Boston based Peak Life Science Advisors, LLC with industry expert Rick Carberry. Recently acquired by Shimadzu Scientific Instruments (SSI), ZefSci is looking to help fuel its growth through new partnership development within the LCMS “ecosystem”. Providing expert sales, marketing and in-lab service support fo...

CHILLICOTHE, Ohio--(BUSINESS WIRE)--Ohio-made nitrile gloves by USMGC earn TSA approval, supplied through CABVI's federal contract for security officer protection....

PRINCETON, N.J.--(BUSINESS WIRE)--BMS Announces CELMoD Mezigdomide Reduces Risk of Disease Progression or Death by More than 50% vs. Standard of Care in.......

INDIAN HEAD, Md.--(BUSINESS WIRE)--Yesterday, the American Center for Manufacturing & Innovation (ACMI) broke ground on the Maryland Energetics Innovation Hub (MEIH), a first-of-its-kind defense manufacturing and innovation hub designed to modernize how the United States develops, tests, and scales critical technologies and energetics production for the military. Backed by an initial $50 million award from Naval Surface Warfare Center Indian Head Division (NSWC IHD) and expected to catalyze...