Machinery News

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $108.8 million and $434.2 million for the three and twelve months ended December 31, 2025, compared to $100.9 million and $418.3 million for the three and twelve months ended December 31, 2024. Both segments increased, aided by higher shipment volumes in the Air and Liquid Processing segment and despite the Forged and Cast Engineered Product segment’s shutdown of the UK cast facility and the steel dist...

HOUSTON--(BUSINESS WIRE)--GA Drilling, a technology company making deep geothermal drilling commercially viable has secured a $44.1 million investment to enter full-scale commercial deployment of its NexTitan downhole anchoring and drive system. The funding consists of $24.7 million in fresh capital and $19.4 million converted from a SAFE investment raised last year. The round is led by TomEnterprise, the investment platform founded by Thomas von Koch, former CEO of EQT, with participation from...

KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on announced that its CEO Nick Pinchuk is scheduled to present at the 38th Annual Roth Conference in California on Monday, March 23, 2026....

TOKYO--(BUSINESS WIRE)--Helical Fusion Co., Ltd. (Head Office: Chuo-ku, Tokyo; CEO: Takaya Taguchi; “Helical Fusion”), a Japanese fusion energy company advancing the Helix Program and developing the Helical Stellarator for commercial fusion power plants, announced the construction site for Phase 1 of Helix HARUKA, its Integrated Demonstration Device. Phase 1—the magnet demonstration phase—will be built in a dedicated workspace for the joint research group formed by Helical Fusion and the Nation...

WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) (the “Company” or “RB Global”) announced today that it has obtained the approval of the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid (“NCIB”). NCIB Details The NCIB will commence on March 18, 2026 and will terminate on March 17, 2027 or on such earlier date as the Company may complete its purchases thereunder or as it may otherwise determine. Under the NCIB, the Company may purchase up to the...

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) today announced that it will present at the JP Morgan Industrials Conference in Washington, DC on Tuesday, March 17, 2026, at 3:40 p.m. ET. A live webcast of the presentation will be available through the Investor Relations section of the OSI Systems website. About OSI Systems, Inc. OSI Systems designs and manufactures specialized electronic systems and components for critical applications. The Company operates through three b...

SAN JOSE, Calif.--(BUSINESS WIRE)--Accelsius, the leader in two-phase, direct-to-chip liquid cooling technology for AI and high-performance computing, today introduced the NeuCool® IR150, the industry’s first fully integrated rack-level cooling solution that combines a two-phase Coolant Distribution Unit (CDU), 42U of IT rack space, and built-in liquid and vapor manifolds in a single 800mm-wide enclosure, offering up to 150kW of capacity. The announcement arrives at a pivotal moment for the dat...

WINONA, Minn. & ATLANTA--(BUSINESS WIRE)--Fastenal Company (NASDAQ: FAST) has announced it will begin construction of a new Southeast U.S. regional operations and logistics center in Carrollton, Georgia. The groundbreaking ceremony will take place on Tuesday, March 24th at 2:30 p.m. ET at the Old Airport Road Development. Slated to open in spring 2027, the new facility will be significantly larger than Fastenal's current 252,000 square-foot regional distribution center in Atlanta, with enough s...

WALLER, Texas--(BUSINESS WIRE)--Add "US" to headline of release dated March 12, 2026: Burckhardt Compression Appoints Alvaro Grande as New Head of Services, US The updated release reads: BURCKHARDT COMPRESSION APPOINTS ALVARO GRANDE AS NEW HEAD OF SERVICES, US Burckhardt Compression has made a key addition to its executive lineup with the appointment of Alvaro Grande, who will be joining the team in the US as Head of Services. The appointment is part of the expansion of the service division to...

KYOTO, Japan--(BUSINESS WIRE)--As announced in the “Announcement Regarding the Disclosure of the Third-Party Committee’s Investigation Report and Our Company’s Response” dated March 3, 2026, we have been considering the establishment of an Executive Responsibility Investigation Committee. At the Board of Directors meeting and the Audit and Supervisory Committee meeting held on March 13, 2026, it was decided to establish the Executive Responsibility Investigation Committee (the “Committee”). Reg...