precision manufacturing

9 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Broadwind Exits Wind Business, Sells Texas Facility for $19.5M in Major Pivot

Broadwind sells Texas wind facility to IES Infrastructure for $19.5M, exits renewable energy sector to focus on precision manufacturing for power generation and critical infrastructure.
BWENIESCcritical infrastructureM&A
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Univest Securities Secures $40M Equity Line for ELAB's Precision Manufacturing Strategy

Univest Securities closes $40M equity line for PMGC Holdings ($ELAB) to fund precision manufacturing acquisitions. $10M deployed, $30M available.
ELABprivate placementcapital raising
BenzingaBenzinga··Lekha Gupta

PMGC Shares Surge 20% on Equity Financing Deployment Amid Year-Long Decline

PMGC Holdings ($ELAB) surged 20.89% after deploying $20M equity facility for aerospace and medical sector acquisitions, though shares remain down 98.86% year-to-date.
ELABaerospace and defenseacquisitions
BenzingaBenzinga··Prnewswire

Epson Expands Southwest Footprint Through Clayton Controls Distribution Deal

Epson Robots partners with Clayton Controls as authorized distributor for Southwest U.S., combining robotics portfolio with engineering services.
SEKEYprecision manufacturingrobotics
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Broadwind Posts Double-Digit Growth Despite Q4 Loss After Portfolio Restructuring

Broadwind reports 10.4% annual revenue growth to $158.1M, but Q4 net loss of $0.9M. Company divested industrial unit, reaffirms 2026 guidance.
BWENpower generationEBITDA
BenzingaBenzinga··Globe Newswire

Rocket Lab Bolsters Manufacturing with PCL Acquisition in New Zealand

Rocket Lab acquires New Zealand precision machining firm PCL to expand in-house manufacturing capabilities and support increased production of its Electron rockets and Neutron vehicle development.
RKLBacquisitionprecision manufacturing
GlobeNewswire Inc.GlobeNewswire Inc.··Sns Insider

Metalworking Fluids Market Set to Reach $21.85B by 2033 Amid Manufacturing Evolution

Metalworking fluids market projected to grow from $14.14B (2025) to $21.85B (2033), driven by automation, precision manufacturing, and aerospace demand.
XOMCVXTOTTTEKWR+1automationautomotive
BenzingaBenzinga··Lekha Gupta

Air Industries Merges With Tenax Aerospace in Restructuring Deal

Air Industries merges with Tenax Aerospace in restructuring deal. Tenax shareholders gain 95% ownership; Air Industries shareholders diluted to 5%, causing stock to fall 6.58%.
AIRIstock declinerevenue growth
BenzingaBenzinga··Globe Newswire

T3 Defense Expands Defense Manufacturing Footprint Through ITS Engineering Stake

T3 Defense acquires 51% stake in ITS Engineering, gaining precision manufacturing capabilities and Positech Ltd. Expected revenues of $24-26 million annually.
DFNSDFNSWacquisitionM&A