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Valmet acquires NovaTech Automation’s Process Solutions business

Valmet has completed the acquisition of the U.S. based NovaTech Automation’s Process Solutions business.
The acquired business specializes in process control and optimization solutions for batch, continuous and hybrid processes. It serves customers mainly in process industries such as food and beverage, pharmaceuticals and chemical products. With a turnover of approximately USD 18 million, it employs 76 people in the United States and the Benelux countries. The acquisition excludes NovaTech Automation’s other divisions.

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Goodyear introduces to life size tire sculptures for the Cotton Bowl Classic

Goodyear introduced two life-sized tire mascot sculptures handcrafted by artist and former minor league baseball player, Blake McFarland, to commemorate each team advancing to the 87th annual Goodyear Cotton Bowl Classic. Made from Goodyear tires, these sculptures celebrate the long journey and outstanding performance of each team to get to this year’s Classic.

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Global green tire market forecast at $78 billion by 2032

The global green tire market is anticipated to reach a value of US$ 78.6 Bn in 2032 while growing at a robust CAGR of 9.7% over the forecast period of 2022 to 2032. Valued at US$ 28.6 Bn in the year 2021, the green tire market is predicted to reach an estimated US$ 31.1 Bn by the end of 2022. Soaring demand for eco-friendly, lightweight, and fuel-efficient tires has fueled the green tire market to expand at a rapid pace during the projected period. The market growth of green tires is further influenced by the prevailing trends in the passenger vehicle segment in the upcoming years according to Future Market Insights

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Central Tools acquires B.C. Ames

Central Tools Inc. announced that it has acquired the assets of B.C. Ames of Framingham MA.  B.C. Ames is a legacy company and has many decades of experience in the supply of precision measuring to industry.  Some of the industries that use Ames products are non-woven textiles, foam, rubber, flooring, bedding, paper, cardboard and many others.  Ames counts many significant companies among its customers.  Most Americans have products or encounter products from companies utilizing their quality devices in their production facilities

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