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Lightning eMotors | February 28, 2022
Lightning eMotors, a leading provider of zero-emission medium-duty commercial vehicles and fleet electric vehicle technology, has completed a 102,000-square-foot expansion of its manufacturing campus in Loveland, Colorado, and reconfigured workstations throughout the plant to incorporate advanced automation and augmented reality systems across multiple workstations and assembly areas. The extension of the facility and the investment in new equipment are part of the company's e...
Exaktera | September 07, 2022
Exaktera LLC, ("Exaktera"), a Union Park Capital ("Union Park") portfolio company, is pleased to announce its acquisition of Advanced Illumination Inc. ("Advanced Illumination"), a long-established design and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging, bio-medical and related imaging applications. Terms of the transaction were not disclosed. Advanced Illumination's state-of-the-art LE...
The Timken Company | November 08, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of GGB Bearings. Founded in 1899, GGB Bearings serves a variety of diverse customers, markets, geographies and applications with a product portfolio that complements existing Timken industry-leading engineered bearing solutions. GGB Bearings' revenue is expected to be around $200 million in fiscal year 2022. W...
ZT Systems | October 13, 2023
ZT Systems is set to employ over 1,500 highly skilled individuals at its state-of-the-art site by 2024, showcasing its commitment to US job creation. The new facility will empower ZT Systems to produce purpose-built server solutions for cloud computing and AI, emphasizing quality, reliability, and efficiency. This expansion strengthens ZT Systems' capa...
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