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Machine Tools, Metalworking & Metallurgy
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Nidec Announces the Board and Committee Structure of New Nidec

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”) hereby announces that, as announced in our release titled “Determination of Director Candidates for New Nidec” dated May 13, 2026, the Company has been proceeding with a review of the composition of its Board of Directors as part of its efforts to strengthen corporate governance, with the aim of enhancing the effectiveness of the Board through the appointment of directors possessing diverse kno...
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CTC Global Appoints Jonathon Stevens as Chief Financial Officer

IRVINE, Calif.--(BUSINESS WIRE)--CTC Global, the world’s leading developer and manufacturer of high-capacity advanced conductors, today announced the appointment of Jonathon Stevens as Chief Financial Officer. In this role, Mr. Stevens will lead CTC Global’s financial strategy, supporting the company’s continued growth and expansion of its advanced transmission technologies to utilities across the United States and around the world. “We are excited to welcome Jonathon to CTC Global at an exciti...
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Formic Opens 53,000-Square-Foot Chicagoland Headquarters to Meet Growing Demand for Its AI-Powered Robotic Automation

CHICAGO--(BUSINESS WIRE)--Formic, a Full Service Automation provider for U.S. manufacturers, celebrated the grand opening of its new 53,000-square-foot headquarters in Bolingbrook, IL, its largest facility to date and five times the size of its previous location. The June 11th event brought together manufacturing partners, customers, and local officials, including Mayor Mary Alexander-Basta of Bolingbrook, who joined Formic leadership in a robot ribbon-cutting ceremony to mark the occasion. The...
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New Parts Warehouse Offers Rapid Customer Support for Burckhardt Compression (US) Inc. Customers

WALLER, Texas--(BUSINESS WIRE)--The investment is driven by the company’s strategy to boost customer support, streamline inventory management and improve operational efficiency. By consolidating stock currently spread across multiple locations in the U.S., Burckhardt Compression is optimizing storage capacity and able to pass on pricing benefits to customers. The new warehouse also enables the Waller Aftermarket Service Center (nearby to the Hockley Service Warehouse) to reclaim approximately 3...
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Alcoa Schedules Second Quarter 2026 Earnings Release and Conference Call

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its second quarter 2026 financial results on Thursday, July 16, 2026, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the second quarter 2026 financial results on July 16, 2026, at 5:00 p.m. EDT (July 17, 2026, at 7:00 a.m. AEST). The call will be webcast live via www.alcoa.com. The second quarter 2026 earnings press release with financial results, and a...
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Nidec Announces Consideration of an Application for Approval of an Extension of the Filing Deadline of Annual Securities Report for the 53rd Fiscal Year (Ended March 31, 2026)

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”) hereby announces that the Company is considering filing the application for approval of an extension of the deadline of Annual Securities Report for the 53rd Fiscal Year (Ended March 31, 2026) with a statutory filing deadline of June 30, 2026. We sincerely apologize for any inconvenience and concern caused to our shareholders, investors, and other stakeholders. 1. Consideration of an applicatio...
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Alcoa Announces Ratification of Labor Agreement at U.S. Smelters

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced the ratification of a new labor agreement with the United Steelworkers (USW) at the Company's U.S. smelters following a vote by union membership. The agreement was ratified by a wide margin and covers approximately 965 employees at Warrick Operations in Indiana and Massena Operations in New York. The agreement is effective from May 16, 2026, through May 15, 2030. We are pleased to have reach...
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Doncasters Announces Launch of Initial Public Offering

ST HELIER, Jersey--(BUSINESS WIRE)--DPC Holdings Limited (“Doncasters” or the “Company”) today announced that it has launched the roadshow for its proposed initial public offering of 23,333,333 ordinary shares. In addition, Doncasters intends to grant the underwriters a 30-day option to purchase an additional 3,499,999 ordinary shares at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $28.00 and $32.00 p...
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Graco Inc. Appoints Steven B. Hedlund to the Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Steven B. Hedlund has been appointed as a member of the company’s Board of Directors, effective September 10, 2026. Mr. Hedlund is President and Chief Executive Officer of Lincoln Electric Holdings, Inc. (Nasdaq: LECO), a leading manufacturer of advanced arc welding solutions, a role he has held since January 2024. He also serves as its Chairman. Previously, he was Lincoln Electric’s Chief Operating Officer and served in v...
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Le prestazioni dei tubi saldati e trafilati della serie “FINE PIPE” di NIPPON KINZOKU superano quelle dei tubi lisci

TOKYO--(BUSINESS WIRE)--NIPPON KINZOKU CO., LTD. (TOKYO:5491) (Sede centrale: Minato-ku, Tokyo) ha lanciato sul mercato i suoi tubi saldati e trafilati serie “FINE PIPE” *1, che superano per prestazioni i tradizionali tubi lisci. Utilizzando la sua competenza unica di produttore di materiali e tecnologie di produzione proprietarie (saldatura, trafilatura e ricottura), la società offre soluzioni di alta qualità, ecologiche ed efficaci in termini di costi. FINE PIPE è già ampiamente adottata in v...