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 ...

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]

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]

German industrial production and factory orders both fell at the start of the year https://t.co/UdisG8dmv9 ...

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. ...

February wasn't a memorable month for many stocks on U.S. exchanges, and we can confidently assume Mueller Industries (MLI 2.00%) is happy it's now in the past. The company's shares lost more than 13% of their value over the period, on the back of a quarterly earnings miss. Even a monster dividend raise couldn't reverse the decline.A mixed final quarter of 2025Mueller, a veteran industrial company that manufactures and sells metal and plastic components for a range of segments including refrigeration and he ...

Baltimore, MD, March 07, 2026 (GLOBE NEWSWIRE) -- Economist and former CIA advisor Jim Rickards has released a new video presentation examining what he believes could be a major turning point for the U.S. economy. In the presentation, Rickards outlines several economic trends that he says are quietly building beneath the surface — including renewed focus on domestic manufacturing, energy production, and critical natural resources. Rickards explains why some analysts believe these sectors may become increasi ...

Market Overview - The Dow Jones Industrial Average fell 2.95% last week due to tariff anxiety, macro uncertainty, and a spike in the VIX to 23.75, which is at its 88th percentile over the past year [1] - Consumer staples stocks like Sherwin-Williams faced significant sell-offs, while software-adjacent stocks such as IBM, Salesforce, and Microsoft saw a rotation of investment [1] Company Performance - **IBM**: Shares increased by 7.76% last week, rebounding from a year-to-date decline of over 11% [1] - **Salesforce**: Gained 3.76% to close at $202.11, amidst contrasting analyst opinions regarding its growth potential and AI strategy [1] - **Microsoft**: Rose by 4.13% to $408.96, despite facing an antitrust probe in Japan and challenges with its Microsoft 365 Copilot product [1] Analyst Insights - **Salesforce**: Analysts are divided; Stephens cut its price target from $285 to $241, while Phillip Securities maintained a Buy rating with a $253 target, citing strong Agentforce adoption and AI revenue growth [1] - **Microsoft**: Regulatory risks and product adoption challenges are noted, but the underlying business remains strong with Azure growing 39% last quarter [1] Sector Trends - Consumer staples, particularly Sherwin-Williams, saw a decline of 9.02% last week, trading at a high earnings multiple of 32X with only 4% expected sales growth [1] - Tariff-related pressures are impacting companies like Nike and Caterpillar, with Nike's shares dropping 8.31% due to new global tariffs affecting its supply chain [1][2]

The latest labor market figures delivered an unexpected turn, with payrolls shrinking in February and the unemployment rate ticking higher, raising new questions about whether consumer confidence and spending power can maintain their steadiness.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enj ...

Key Takeaways ITW sees strong demand in Food Equipment, Automotive OEM and Specialty Products, aided by EV growth.ITW enterprise initiatives lifted operating margin by up to 140 bps in each 2025 quarter.ITW returned $3.3B via dividends and buybacks in 2025; construction demand remained weak.Illinois Tool Works Inc. (ITW) is gaining from solid momentum across most of its segments. Growth in the institutional and food retail markets in North America, along with higher service revenues and strong demand in the ...