January 13, 2022 - Bystronic is increasing its existing 70 percent stake in Antil S.p.A. and acquiring the remaining 30 percent minority stake. Bystronic is thus strengthening its portfolio in the field of automation in accordance with its Strategy 2025.
January 12, 2022 - Invigorated by a USA Luge silver medal World Cup team relay win in November 2021, and well poised with a range of planned activities, Saint-Gobain Abrasives, primary sponsor of the USA Luge Team, is prepared for an exciting competition at the Games in Beijing next month.
January 4, 2022 - Walter Surface Technologies announced the acquisition of Allegro Industries, a USA-based manufacturer of high-quality safety equipment, respirators, air sources and ventilation equipment.
January 4, 2022 - Mid Atlantic Machinery announces the newest addition to its umbrella of companies, Mid Atlantic Machinery Automation.
December 31, 2021 - MC Machinery Systems announced that Prosper Machine Tools is the new distribution partner in Texas for its complete line of Mitsubishi wire and sinker EDMs and high-precision machining centers from OPS Ingersoll and Roku-Roku.
December 15, 2021 - Grand Steel announced the commencement of operations in their new facility located at 1 Eagle Way, Clinton, Tennessee. GSP-TN will serve as a toll processing and warehousing facility, featuring two slitting lines, de-canning and freight forwarding services for steel and aluminum products.
December 7, 2021 - O’Neal Industries Inc. through its subsidiary United Performance Metals announces the acquisition of the assets of Slice of Stainless, headquartered in Cincinnati, effective December 1, 2021.
December 7, 2021 - Featured in the line is a Red Bud Industries servo roll feed and CNC programmable slitter.
On October 28, 2021, AMADA personnel, customers, and members of the media gathered in celebration at the Carolina Technical Center in High Point, North Carolina, to commemorate AMADA AMERICA’s 50 years in the United States, also marking the first full year since the opening of the Carolina Technical Center.
November 30, 2021 - Reibus, the independent metals marketplace, announced it raised $75M in Series B funding led by SoftBank Vision Fund 2. This latest funding round comes as Reibus enjoys its third year, and its strongest year yet, with revenue up more than 7x over 2020.
November 22, 2021 - Demmler Machinery is now the exclusive dealer for MC Machinery lasers, press brakes and automation equipment in Maine, Massachusetts, New Hampshire, Vermont, Rhode Island, Connecticut and New York.