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Net Power Closes Acquisition of EMPower’s Position Under EPC Agreement for 123 MW of Power Generation
HOUSTON--(BUSINESS WIRE)--Net Power Inc. (NYSE: NPWR) (“Net Power”) today announced that it has closed its previously announced acquisition of the rights to 123 megawatts (MW) of new natural gas power generation equipment. The transaction closes out the deposit and exclusivity agreement Net Power announced on August 24, 2026, and brings Net Power’s total potential power generation capacity to nearly 200 MW for the first phase of Project Permian, its inaugural powered land project in West Texas.O...
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Yanmar and AriensCo Join Forces to Accelerate Next-Generation Outdoor Power Equipment
BRILLION, Wis. & OSAKA, Japan--(BUSINESS WIRE)--Yanmar Holdings Co., Ltd. (“Yanmar”) and AriensCo today announced a strategic partnership that unites two multigenerational family-owned businesses to accelerate the development of next-generation technologies and deliver even greater value for dealers, customers and partners of both companies. Through the combination, Yanmar, a Japan-based manufacturer of engines, agricultural machinery and energy systems, becomes the majority partner in AriensCo...
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The Toro Company Reports Record Third-Quarter Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Reports Record Third-Quarter Results...
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LibertyStream Signs Term Sheet for Up to US$95 Million in Project Financing
DALLAS--(BUSINESS WIRE)--LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce that it has executed a non-binding term sheet with Endurance Finance Partners Ltd. (“Endurance”), as arranger, setting out the principal terms of a proposed financing framework of up to US$95 million. The proposed framework includes a delayed-draw senior secured construction credit facility to fund the construction of Freedom 1 and F...
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LITEON Announces Strategic Investment in Liquid Cooling Technology Company DCX
TAIPEI, Taiwan--(BUSINESS WIRE)--LITEON Technology (2301.TW) today announced a strategic investment in DCX POLSKA Sp. z o.o. (“DCX Liquid Cooling Systems”), a Warsaw, Poland-based provider of advanced liquid cooling systems for AI and High-Performance Computing (HPC) data centers. Upon closing of the transaction, LITEON will hold approximately 25% equity ownership in DCX Liquid Cooling Systems with a total transaction value of approximately US$176 million. The investment brings together DCX's d...
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Moog Inc. to Participate in Upcoming Investor Conferences
EAST AURORA, N.Y.--(BUSINESS WIRE)--Moog Inc. to Participate in Upcoming Investor Conferences...
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Compressed Air Emergency Leads to Breakthrough 12% Energy Reduction for Aspen’s Paper Packaging Production with ELGi
CHARLOTTE, N.C.--(BUSINESS WIRE)--Aspen Products, Inc. turned an unexpected compressed air equipment failure into an opportunity to improve energy efficiency and strengthen production reliability across its paper products manufacturing operation.Electrical monitoring at Aspen’s approximately 600,000-square-foot facility shows its ELGi compressors operating around 12% more efficiently than the aging equipment they replaced. The company is also maintaining its standard operating pressure more cons...
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GE Appliances and IUE-CWA Announce $1 Billion Investment in Louisville Plant, Creating the Largest Home Appliance Manufacturing Site in the U.S.
LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances, a Haier company, and the IUE-CWA are announcing a major transformation of Appliance Park with a $1 billion investment by the company to expand high-output production of laundry products and reinforce its long-term commitment to manufacturing in Kentucky and the U.S. With new and expanded production across Buildings 1, 2 and 5, the investment will establish Appliance Park as America’s largest home appliance manufacturing site, reflecting its scale...
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EVI Industries Completes Acquisition of Sudsies, Inc. and Establishes Consumer Garment Care Services Division
MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) today announced that it has completed its previously announced acquisition of Miami, Florida-based Sudsies, Inc. and established its new consumer garment care services division, with Sudsies serving as its foundational business. EVI’s entry into the consumer garment care services industry marks its first dedicated expansion beyond the commercial laundry distribution and service industry since the Company...
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ONDEX Automation Acquires ROI Engineering, Expanding Process Controls Capabilities to the West Coast
CHICAGO--(BUSINESS WIRE)--ONDEX Automation today announced the acquisition of ROI Engineering, a control systems integrator based in Laguna Hills, California. This is ONDEX's seventh acquisition since April 2024 and expands the company's process controls capabilities while establishing a West Coast presence to better serve customers across the western United States. Founded in 2002, ROI Engineering provides control system integration, engineering, consulting, and technical services across a ran...