Expanded valve and actuator design and manufacturing capabilities further expand FMD offerings and global customer base Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has entered into an agreement with IMI plc, to acquire its Birmingham, UK-based Truflo Marine business. This strategic acquisition significantly enhances the company’s valve design, engineering, and manufacturing… Read More
Norwegian energy firm Zephyr Renewable has become one of the country’s largest offshore wind developers after acquiring two projects from a compatriot company. Under the sale with Oslo-based Statkraft, Zephyr will take charge of advancing the Bothnia Offshore Sigma and Lambda North regions located in Sweden’s Bothnian Sea. Applications for necessary permits related to these… Read More
DP World Antwerp is nearing completion of a major €230 million expansion plan that will boost capacity by 30 percent by 2026, further strengthening the Port of Antwerp’s position as one of Europe’s leading integrated logistics hubs. The announcement comes as DP World celebrates 20 years of operations at Antwerp Gateway, a terminal that has… Read More
Following three years of construction and relocation, the new hydraulic cylinder facility of Liebherr-Components Kirchdorf GmbH is put into operation The existing site has been expanded by three halls and two administration buildings, adding around 46,000 square metres Following the completion of the project, the company has consolidated its mechanical manufacturing operations on site in… Read More
Earlier this week, Dominion Energy announced that its Coastal Virginia Offshore Wind project is now 66% complete, aiming to supply clean energy to hundreds of thousands of homes by the end of 2026 and expanding generation capacity for local data centers. This milestone highlights Dominion’s progress in grid modernization and renewable infrastructure, drawing attention to… Read More
