Tag: Expand
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Lubrication Engineers Acquires SWEPCO to Expand Grease and Lubricants Portfolio
Lubrication Engineers (LE) has acquired Southwestern Petroleum Lubricants (SWEPCO), a Texas-based manufacturer of industrial greases and oils. The deal marks LE’s third acquisition in 2025 and continues the company’s expansion under private equity firm Aurora Capital Partners. Founded in 1933, SWEPCO specializes in high-performance greases, oils, and lubricants used in industrial and food-grade applications. Its…
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Command Alkon Acquires Digital Fleet to Expand Fleet Management Capabilities
Command Alkon has acquired Digital Fleet, a company specializing in fleet management solutions for the heavy building materials industry. The acquisition includes Digital Fleet’s full product suite and team and marks an expansion of Command Alkon’s efforts to strengthen its technology offerings across logistics and operations. Digital Fleet, previously owned by Ozinga Ventures, brings experience…
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FAYAT Group Acquires Mecalac to Expand Urban Construction Equipment Offerings
FAYAT Group has acquired full ownership of the Mecalac Group, a manufacturer known for its range of compact construction equipment designed for urban job sites. Mecalac’s product lineup includes excavators, loaders, dumpers and backhoe loaders, with manufacturing operations in France, Germany, the UK, and Turkey. With this acquisition, Mecalac becomes part of FAYAT’s Road Equipment…
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GlobalFoundries commits $16B to expand New York, Vermont facilities
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: GlobalFoundries announced plans Wednesday to invest an additional $3 billion to expand its semiconductor manufacturing and advanced packaging capabilities in Malta, New York, and Essex Junction, Vermont. The funds will go toward research and development…
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Lubrication Engineers Acquires RSC Bio Solutions to Expand Sustainable Lubricant Offerings
Lubrication Engineers, Inc. has acquired RSC Bio Solutions, a company known for producing biodegradable lubricants used in marine and industrial environments. The acquisition broadens LE’s product range with environmentally focused lubrication options and extends its presence in applications where sustainability and regulatory compliance are priorities. RSC Bio Solutions manufactures the EnviroLogic® and FUTERRA® product lines—lubricants…
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Utilimarc and Fleetio Partner to Expand Fleet Technology Solutions
Utilimarc has announced a new partnership with Fleetio, integrating the cloud-based fleet management platform into its suite of technology offerings. The collaboration aims to provide fleet operators with enhanced tools for managing maintenance, tracking performance, and improving operational efficiency. The partnership brings together Utilimarc’s expertise in fleet analytics with Fleetio’s platform, which offers maintenance management,…
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viAct Raises $7.3 M in Series A Funding to Expand AI-Powered Safety Solutions
Safety AI startup viAct has announced the successful closure of a US$7.3 million Series A funding round. The round was led by Venturewave Capital, an Irish impact investing firm, with participation from Singtel Innov8, Korea Investment Partners, and PolyU Entrepreneurship Investment Fund. viAct is an AI company dedicated to enhancing safety and efficiency in high-risk…
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Proposed New York law would expand prevailing wage requirements
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Lawmakers in Albany, New York, are weighing a change that could significantly expand the number of private construction projects required to pay prevailing wages. The proposal, which labor groups are hoping to include in the state budget…