04262018Thu
Last updateThu, 26 Apr 2018 2pm

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Victaulic Building New Manufacturing Facility in Pennsylvania

Victaulic has unveiled a plan to build an additional manufacturing center in Lehigh Valley, PA. The 400,000-square foot facility is the result of increased domestic demand for the company's products. The new facility, expected to break ground later this year and be fully operational in 2019, will be located on 28 acres of land located in Lower Nazareth Township, PA.

In addition to housing the company's current light assembly operation, which has been conducted in partnership with Cast-Pac Inc. for 20 years, the new facility will include several millions of dollars in new equipment to modernize its manufacturing operations. 


Matthias Dinse Retires as Managing Director at AUMA

matthias dinseAfter 35 years at AUMA, Matthias Dinse retired on December 31, 2017 from his role as managing director but will remain a member of the advisory board and consult AUMA as necessary. As of January 1, 2018, Ferdinand Dirnhofer has been promoted to the general management team and Dr. Jörg Hoffman has accepted the newly established position as CEO. Dirnhofer and Dr. Hoffman will take over Dinse’s responsibilities.

Dinse started his career with AUMA in Muellheim, Germany as assistant to the management team. From 1987 to 1992, Dinse held an executive management position at AUMA Actuators, Inc. (AUMA-USA) before returning to Germany in 1992. In 1994, Dinse received a promotion to management and successor to his father, Rudolf Dinse, who was managing director of AUMA in Muellheim. 

Rotork Names Kevin Hostetler Chief Executive

Rotork plc has appointed Kevin Hostetler as chief executive. Hostetler will join the board on February 12, 2018 and assume the role of chief executive on March 12, 2018. Martin Lamb, currently executive chairman, will then revert to his role as non-executive chairman.

Hostetler, who will relocate from Chicago to Bath, UK, previously worked for Ingersoll Rand and IDEX Corp. and recently led a three-year turnaround as CEO of FDH Velocitel. 

Chemours Breaks Ground on New Innovation Center

The Chemours Company has broken ground on the company's research and innovation facility, The Chemours Discovery Hub, on the University of Delaware's Science, Technology and Advanced Research (STAR) Campus.

In partnership with University of Delaware, The Chemours Discovery Hub will conduct cutting edge research focused on new process, product, and application development to better meet customer and market needs. Construction on the new 312,000-square-foot facility, representing an investment of approximately $150 million, is expected to be completed by early 2020. 

Emerson Agrees to Acquire Cooper-Atkins

Emerson has agreed to acquire Cooper-Atkins, a manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for the foodservice, healthcare and industrial markets. The acquisition is expected to close within the next 60 days, subject to various regulatory approvals.

Headquartered in Middlefield, CT, Cooper-Atkins is a privately-owned company with approximately 150 employees, and has offices and operations in Ohio, Florida and Singapore. 

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