Machinery News

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”) (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced that, in connection with its previously completed initial public offering of 39,413,573 shares of Class A common stock offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) and...

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today its operating results for the second quarter of the fiscal year ending June 30, 2026. The Company also provided updates related to its buy-and-build growth strategy, growth opportunities, and continued investments in technology, modernization, and operational optimization initiatives. Since commencing execution of its long-term growth strategy in 2016, EVI has transformed from a single-location business in Florida...

WINONA, Minn. & CONCORD, N.C.--(BUSINESS WIRE)--Fastenal Company (NASDAQ: FAST), a leading distributor of industrial and construction supplies, is launching a significant evolution to its partnership with RFK Racing. The iconic Fastenal blue paint scheme will be replaced with the striking black and orange colors of their Body Guard brand, aiming to increase awareness and engagement with this essential line of safety products. "This change is more than just a new look; it's a strategic move to a...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), announced today that its wholly-owned subsidiary, MGX Equipment Services, LLC (“MGX”), has completed a strategic dealer agreement with Hiab. The agreement expands the MGX and Manitowoc direct-to-customer footprint by adding distribution of HIAB loader cranes with aftermarket parts and service support for a diverse range of end market customers. MGX will now serve Hiab customers in the following U...

BATTLE GROUND, Wash.--(BUSINESS WIRE)--Maddox Industrial Transformer Supports Reindustrialization of American Manufacturing Startups with a Free American-Made Transformer Donation....

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that it will participate in the following upcoming conferences: Citi’s Global Industrial Tech and Mobility Conference, February 18, 2026, Miami, Florida – Bill Waltz, President and Chief Executive Officer, and John Deitzer, Chief Financial Officer, are scheduled to participate i...

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 31 cents per share, payable on March 2, 2026, to holders of record on February 17, 2026. About Wabtec Wabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well...

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of the initial public offering of its Class A common stock. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stoc...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today it will report its fourth quarter and full year 2025 earnings results on Wednesday, February 25, 2026. Following the earnings release, the Company will hold a conference call to discuss the results at 9:00 a.m. Eastern Time that day. Interested investors and other parties can...

BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) (“GHM” or the “Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries, today reported financial results for its third quarter for the fiscal year ending March 31, 2026 (“fiscal 2026”). Graham’s President and Chief Executive Officer, Matthew J. Malone stated, “Our third quarter result...