TEREX acquired Northern Ireland steel fabricator Steelweld

TEREX acquired Northern Ireland steel fabricator Steelweld

PIRTEK USA announced 2022 Q1 progress
PIRTEK USA announced 2022 Q1 progress
Motion announced “2021 Supplier of the Year” award
Motion announced “2021 Supplier of the Year” award
Alcedo sells Duplomatic to Daikin Industries
Alcedo sells Duplomatic to Daikin Industries
Rotec Hydraulics pledges to become net zero
Rotec Hydraulics pledges to become net zero

TEREX acquired Northern Ireland steel fabricator Steelweld

TEREX acquired Northern Ireland steel fabricator Steelweld

Terex has recently acquired Steelweld, the Northern Ireland based manufacturer of heavy fabrications. Over the past years, Steelweld has developed a highly skilled Workforce and this workforce will join the Terex team. This recent acquisition aims to support the growth of Terex's material processing department. Terex shared certain information including forward-looking statements regarding future events or our future financial performance.

PIRTEK USA announced 2022 Q1 progress

PIRTEK USA announced 2022 Q1 progress

At the beginning of 2022 itself PIRTEK USA, the global on-site and retail hydraulic and industrial hose service provider has showcased its growth with five openings, four new franchisee signings, and four resales. The new locations are Atlanta, GA, Statesville, NC, Cedar Rapids, IA, Wilmington, NC, and Jacksonville, FL. These new franchises of PIRTEK indicate the brand’s strength and demand.

Motion announced “2021 Supplier of the Year” award

Motion announced “2021 Supplier of the Year” award

Motion Industries recently announced Gates Corporation as the winner of “2021 Supplier of the Year” award. This award was presented to Gates for its exceptional commitment to Motion through quality products and services and by considering its score in the multi-faceted Supplier Stratification rating system. This award presentation was held on May 3, 2022 at Motion’s headquarters in Birmingham, England.

Alcedo sells Duplomatic to Daikin Industries

Alcedo sells Duplomatic to Daikin Industries

Alcedo Sgr and Daikin Industries, Ltd. recently announced the sale of Duplomatic Motion Solutions to Daikin Industries. Alcedo acquired the control of Duplomatic in 2017 through Alcedo IV Fund. Duplomatic became a global leader in the manufacturing of pumps, valves, actuators, and complete systems for the hydraulics market under the ownership of Alcedo. This company has 5.000+ global customers.

Rotec Hydraulics pledges to become net zero

Rotec Hydraulics pledges to become net zero

Rotec Hydraulics, a leading provider of hydraulic, pneumatic, and electrical mechanical engineering services has recently announced its environmental commitment to achieve net-zero by 2040, by reducing its carbon footprint. In the recent ‘Carbon Footprint Assessment’ the company identified the major Rotec’s carbon emissions and has ensured necessary actions for decreasing the company’s carbon footprint. The company already received FNZ Standard.
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