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Johnson Electric Holdings Ltd., a global leader in electric motors and motion subsystems, agreed to acquire the Stackpole International group of companies.
Lindberg/MPH announced the shipment of two car-bottom furnaces to be used for curing aircraft engine hardware consisting of ceramic-metallic composite shapes.
The boards of directors of Berkshire Hathaway Inc. and Precision Castparts Corp. (PCC) unanimously approved a definitive agreement for Berkshire Hathaway to acquire, for $235 per share in cash, all outstanding PCC shares.
PMF Industries of Williamsport, Pa., expanded its flow-forming capabilities with the addition of a new vacuum furnace that allows vertical heat treating of flow-formed and machined shafts up to 80 inches long.