Manufacturing News

LAS VEGAS, N.M--(BUSINESS WIRE)--A New Mexico jury has returned a $220 million verdict, finding that the Michelin North America tire company was liable for a deadly crash that killed three members of a Texas family in the summer of 2021. Laura Zamarippa, Rosalva Marin and 14-year-old Alexis Zamarippa died when a Michelin-produced LTX M tire installed on the front driver’s side violently separated while the three family members were driving on a rural highway in Gaines County, Texas. The failure...

CHESAPEAKE, Va.--(BUSINESS WIRE)--LS Cable & System Ltd. (“LS C&S”), a global leader in power and communication cable and system solutions, today announced plans for a significant additional investment in Chesapeake, Virginia. Undertaken through three LS C&S subsidiaries, the project is expected to be the single largest capital investment in the history of the Hampton Roads region. This investment builds on the previously announced first phase of LS GreenLink’s state-of-the-art cabl...

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...

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors’ declaration of a quarterly cash dividend of $0.485 per common share for the quarter ending December 31, 2025. The dividend will be payable on January 30, 2026 to all shareholders of record on January 16, 2026. The year 2025 marks 34 consecutive years that McGrath RentCorp has raised its dividend...

DENTON, Texas--(BUSINESS WIRE)--M1 Support Services (“M1”) announced today that Martin Craft has been named President, Army and Special Operations Forces (“SOF”) Programs. In his new role, Mr. Craft will provide executive leadership, strategic oversight, and operational direction for all M1 Army and SOF programs, ensuring performance excellence, continuous improvement, and alignment with M1’s long-term business strategy. “Martin has distinguished himself as M1’s Chief Business Officer since 200...

TORONTO--(BUSINESS WIRE)--Lithium Royalty Corp. (TSX: LIRC) (“LRC”) congratulates Power Metals Corp. (“Power Metals”) on the cesium concentrate offtake agreement that it announced today with Albemarle Corporation1. Albemarle Corporation (NYSE: ALB) is a US$16 billion company and one of the leading critical mineral companies in the world with a leading position in lithium and cesium. LRC holds a 2.0% GOR royalty on Power Metals’ Case Lake project. Albemarle has acquired the offtake rights to the...

DUBLIN--(BUSINESS WIRE)--The "Expanded PTFE Market Report: Trends, Forecast and Competitive Analysis to 2031" has been added to ResearchAndMarkets.com's offering. The global expanded PTFE market is expected to grow with a CAGR of 6.1% from 2025 to 2031. The major drivers for this market are the increasing demand for sealing solutions in industries, the rising use in chemical processing applications, and the growing adoption in automotive & aerospace sectors. Key Highlights by Segment Within...

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, announced today a series of decisive steps the Company has taken to stabilize its operations, strengthen leadership, and maintain continuity of supply and service for customers, including: Driving momentum across customer channels, with ordering patterns trending above 90% of pre-petition levels and new business opportunities with over 50...

CHICAGO--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Alamo Group Inc. (“Alamo”) on its purchase of Petersen Industries, Inc. (“Petersen”). Alamo is a leading global manufacturer of high-quality industrial and vegetation management equipment. Petersen is an innovative manufacturer of truck-mounted grapple loader equipment. Petersen provides high-quality grapple truck loaders to governmental end-customers for the handling of bulky wast...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in the Wall Street Journal’s 250 Best-Managed Companies list for the second consecutive year. This annual list evaluates companies across five key dimensions: customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength. PPG earned a place among the top-scoring organizations for its commitment to disciplined innovation, stakeholder engagement and responsible managem...