Machine Tools, Metalworking, & Metallurgy News

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of Ironform Holdings Co. (“Ironform” or the “Company”) to a strategic buyer. Headquartered in Chicago, Illinois, Ironform is one of the largest metal fabricators in North America. Ironform supplies light, medium, and heavy gauge precision metal stampings, fabricated components and value-added assemblies to the agriculture, construction, off-highw...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Declares Regular Quarterly Cash Dividend...

DALLAS & BEN WHEELER, Texas--(BUSINESS WIRE)--Door Controls USA (DCU), a leading provider of automatic and manual door parts and technical expertise across the U.S. and Canada, today announced that Jacques “Jay” Vaarre has joined the company as Vice President of Commercial Operations, overseeing the company’s Sales, Marketing and Estimating teams. Vaarre brings more than 30 years of leadership experience in the automatic door, industrial door, access control and safety systems industries. Throu...

BOSTON--(BUSINESS WIRE)--Sky Peak Capital (“Sky Peak”) today announced the formation of Excelus Holdings (“Excelus”), a scaled precision manufacturing platform created through the combination of Excelus Manufacturing Solutions, D&G Machine Products, and Millennium Precision. With more than 200,000 square feet of combined manufacturing space and over 200 employees, Excelus serves mission-critical aerospace, defense, medical device, power generation, and high-reliability industrial customers....

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of ten new models of its industrial-use NX-type 1.2kV insulated gate bipolar transistor (IGBT) module on a sequential basis starting June 15. Designed for use in inverters that control machine tools, industrial robots and large-capacity motor drive systems, the modules are equipped with the latest eighth-generation IGBTs. Compared to existing IGBT modules, the modules reduce...

ROSEMONT, Ill.--(BUSINESS WIRE)--EMS, a value-added distributor of aluminum products and a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), today announced the acquisition of American Metals Supply (“AMS” or the “Company”), a distributor of aluminum products serving the patio and industrial end markets. Over its 25-year history, AMS has built a reputation for customer service, product availability, and reliable delivery across a broad range of aluminum products serving residential,...

SALT LAKE CITY--(BUSINESS WIRE)--GoEngineer, the world’s largest full-service engineering solutions provider and premier authorized partner for Dassault Systèmes, Stratasys, Bright Laser Technologies, and other leading technology vendors, today announced the acquisition of SKA, Latin America’s leading SOLIDWORKS and engineering technology reseller. SKA will operate as SKA, a GoEngineer company. The acquisition extends GoEngineer’s presence into Latin America while strengthening its capabilities...

UDAIPUR, India--(BUSINESS WIRE)--Hindustan Zinc, V-Spark DeepTech push AI-Led industrial transformation; eye $209 million value....

FORT MILL, S.C.--(BUSINESS WIRE)--Sunbelt Rentals Holdings, Inc. (NYSE: SUNB; LSE: SUNB) (“the company”), a leader in the equipment rental industry, announced it will hold its fourth quarter and full fiscal year 2026 results call on Tuesday, June 23, 2026, at 8:30 a.m. ET. The call will be webcast live at ir.sunbeltrentals.com and a replay will be available shortly after the call concludes. The company’s fourth quarter and full fiscal year 2026 results press release will be posted on the compan...

IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs to Acquire U.S. Rare Earth and Critical Minerals Company Powering Defense and National Security...