Last updateFri, 15 Nov 2019 6pm

Aurora/Pratt Survivors’ Fund Announces Distribution Plan

The Aurora/Pratt Survivors’ Fund Steering Committee for the Aurora/Pratt Survivors' Fund has approved a distribution plan for the families of those killed, and employees injured and directly present during the February 15th shooting at the Henry Pratt Facility. A total of $559,604.24 has been donated to the victims and their families.

Emerson’s AVENTICS Receives Bosch Global Supplier Award

Emerson’s AVENTICS GmbH recently received the Bosch Global Supplier Award in the category “Purchasing of indirect materials.” Only 47 companies were recognized from a base of 43,000 suppliers.

Bosch has been presenting these awards every two years to honor suppliers since 1987. Suppliers are selected for outstanding performance in the manufacture and supply of products or services – notably for partnership in addressing concerns around quality, costs, innovation and logistics. This year’s award ceremony, whose theme was “Transforming Together. Staying Ahead,” was held in Blaichach, Germany.

BHGE Changes its Name to Baker Hughes Company

Baker Hughes, a GE company (BHGE) has successfully changed its name to Baker Hughes Company. The company will be known as Baker Hughes and on Oct. 18, 2019 its Class A common stock began trading on the New York Stock Exchange under the symbol “BKR”.

Since Baker Hughes has a portfolio that spans the entire energy value chain, this new name and brand better reflect its current and intended principal business operations and diversified portfolio.

EnPro Acquires LeanTeq to Boost Technetics Group

EnPro Industries has closed the acquisition of LeanTeq Co., Ltd., a privately held, Taiwan-based company. EnPro initially announced an agreement to acquire LeanTeq on July 22, 2019. LeanTeq will become part of EnPro’s Sealing Products segment and be integrated into its Technetics division.

Founded in 2011 and headquartered in Taoyuan City, Taiwan, LeanTeq has two locations in Taiwan and one in Silicon Valley, and approximately 260 employees.

Sunbelt Supply Acquires Severe Service Specialists

Sunbelt Supply, part of the FloWorks family of companies, has acquired Severe Service Specialists (Triple S) with the backing of Clearlake Capital Group, L.P. Terms were not disclosed. In the last five years, Sunbelt Supply has added 12 new branches organically and through acquisition.

Triple S, a provider of valves and services, is based in Trussville, AL and has field sales support throughout the Southeastern U.S. Triple S president Toby Hollier and the founding team of Triple S will remain with the company.


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