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X @Cointelegraph
Cointelegraph· 2026-03-11 03:00
🚨 JOBS: US manufacturing jobs dropped by ~330K positions since January 2023. https://t.co/aC6H5n9Nd0 ...
Otter Tail Power Company Completes Rate Review in South Dakota
Businesswire· 2026-03-10 19:45
Otter Tail Power Company Completes Rate Review in South DakotaMar 10, 2026 3:45 PM Eastern Daylight Time# Otter Tail Power Company Completes Rate Review in South DakotaShare---FERGUS FALLS, Minn.-- (BUSINESS WIRE)--Otter Tail Power Company, a wholly owned subsidiary of Otter Tail Corporation (Nasdaq: OTTR), today announced the South Dakota Public Utilities Commission approval of the settlement agreement reached between Otter Tail Power and commission staff, concluding the rate proceeding.Investor highlights ...
Atlas Energy to buy $840 million in Caterpillar power assets
Reuters· 2026-03-10 11:19
Core Viewpoint - Atlas Energy Solutions has entered into a significant agreement with Caterpillar to secure manufacturing capacity for power generation equipment, valued at approximately $840 million, extending through 2029 [1] Group 1 - The deal with Caterpillar aims to enhance Atlas Energy Solutions' manufacturing capabilities in the power generation sector [1] - The financial commitment of $840 million indicates a strong investment in future energy solutions and infrastructure [1] - The agreement is set to last until 2029, suggesting a long-term strategic partnership between Atlas Energy Solutions and Caterpillar [1]
AIRO Announces Fourth Quarter 2025 Earnings Call Details
Businesswire· 2026-03-10 11:07
Core Viewpoint - AIRO Group Holdings, Inc. will host a conference call to report its financial results for the fourth quarter of 2025 on March 31, 2026, at 8:00 a.m. ET, indicating the company's commitment to transparency and investor engagement [1]. Group 1: Earnings Call Details - The conference call can be accessed by dialing 1 (800)-715-9871 for US participants or 1 (646)-307-1963 for international participants, with an access code of 7911023 [1]. - Participants are advised to join the call 15 minutes early to avoid delays, and a replay of the webcast will be available within 24 hours after the call [1]. Group 2: Company Overview - AIRO Group Holdings is positioned as a leader in advanced aerospace and defense technologies, with operations in the U.S., Canada, and Denmark [1]. - The company operates across four high-growth segments: Drones, Avionics, Training, and Electric Air Mobility, leveraging a vertically integrated model and a differentiated technology portfolio [1].
Kennametal Honors 2026 STEP Ahead Award Winner from the Manufacturing Institute
Prnewswire· 2026-03-09 14:39
Kennametal Honors 2026 STEP Ahead Award Winner from the Manufacturing Institute Accessibility Statement Skip NavigationPITTSBURGH, March 9, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Ellen Whittingham, Vice President, Strategic Talent Enablement, has been recognized as a 2026 STEP Ahead Award Honoree by The Manufacturing Institute.The STEP Ahead Awards recognize people powering manufacturing success, those whose leadership, expertise and commitment to others are building stronger ...
Berkshire Hathaway Is Buying Back Stock. Why That’s a Key Signal for Investors to Watch Now.
Yahoo Finance· 2026-03-09 14:33
Shares of the conglomerate have fallen 1.7% on a year-to-date (YTD) basis. The stock’s latest leg down came last week after the company posted a nearly 30% drop in Q4 operating earnings, largely driven by weakness in its insurance business. However, news of the buyback resumption helped the stock recover most of those losses.Berkshire Hathaway, based in Omaha, Nebraska, is a diversified holding company. It operates under a decentralized management structure, granting its many subsidiaries considerable auton ...
Gibraltar Industries (ROCK) Reports 17% Q4 Net Sales Growth, 102% Backlog Increase
Yahoo Finance· 2026-03-09 11:47
Core Insights - Gibraltar Industries Inc. reported a 17% adjusted net sales growth in Q4 2025, driven by acquisitions in the metal roofing and AgTech sectors, despite challenges in the residential market due to high interest rates and cautious consumer spending [1] - The company closed the acquisition of OmniMax International, which is expected to enhance its residential business, projected to account for over 80% of total revenue by 2026 [2] - Gibraltar issued guidance for 2026, targeting net sales between $1.76 billion and $1.83 billion, representing a 57% increase at the midpoint, while also outlining a 24-month deleveraging plan to reduce its debt-to-EBITDA ratio to 2.5x [3] Financial Performance - The company maintained an adjusted operating margin of 10.8% and generated $32 million in free cash flow, with a backlog increase of 102% year-over-year [1] - The acquisition of OmniMax is expected to yield $24 million in total synergies, with $15 million anticipated to impact 2026 EBITDA through improved supply chain logistics and cross-selling opportunities [2] Business Segments - Gibraltar Industries operates in three segments: Residential, Agtech, and Infrastructure, providing products and services in these markets both in the US and internationally [4]
AeriTek Acquires Federal Industries, Significantly Bolstering U.S. Presence
Businesswire· 2026-03-09 11:45
Acquisition Overview - AeriTek Global Holdings LLC has acquired Federal Industries, LLC from Standex International Corporation, enhancing its presence in the U.S. foodservice market [1] - Federal Industries is a prominent manufacturer of refrigerated, heated, and ambient food and beverage display cases, serving various foodservice sectors [1] Strategic Importance - The acquisition significantly strengthens AeriTek's position in the high-growth U.S. foodservice channel, adding domestic manufacturing capabilities and an extensive dealer network [1] - Federal's manufacturing facility in Belleville, Wisconsin, provides strategic production capacity for AeriTek [1] Growth Potential - The combined platforms of AeriTek and Federal are expected to leverage an expanded product portfolio and improved distribution capabilities, targeting a broader customer base across foodservice, beverage, convenience, and institutional channels [1] - The acquisition is viewed as a catalyst for growth across North America, with opportunities for cross-selling between AeriTek's and Federal's existing commercial infrastructures [1] Company Background - AeriTek has been a leader in the commercial refrigeration and foodservice equipment markets since 1941, known for its innovative and customized product offerings [1] - Federal Industries specializes in merchandising solutions for retail and food service customers, enhancing revenue through effective food presentation [1]
X @Bloomberg
Bloomberg· 2026-03-09 07:26
German industrial production and factory orders both fell at the start of the year https://t.co/UdisG8dmv9 ...
日本经济:能源冲击下的行业脆弱性Japan Economics-Energy Shock Sector Vulnerabilities
2026-03-09 05:18
March 8, 2026 08:00 PM GMT Japan Economics | Japan M Idea Energy Shock: Sector Vulnerabilities M Key Takeaways Agri Mfg Com/Pub Resi Trnspt Elec sources Coal Crude Nat Gas 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Elec sources Elec sources Elec sources Trnspt Trnspt Trnspt Resi Resi Resi Com/Pub Com/Pub Com/Pub Mfg Mfg Mfg Agri Agri Agri Exhibit 1: Sector Exposure to Fossil Fuels Source: Ministry of Economics, Trade, and Industry, Energy Balance Table (Simple Version, for 2024, released in December, 2025. ...