Industry News: December 2020

Here's a quick roundup of recent industry news. Track the industry's movers and shakers, learn about company acquisitions, get the skinny on new products and more.

Industry News: December 2020

Mark Mcneff

Mark McNeff joins subeca as IoT manager
Subeca announced the addition of Mark McNeff, EIT, as executive manager of IoT business development. McNeff will head up efforts to introduce subeca’s key product line, the subeca AMIoT System of Water Management, to water resource and supply agencies looking to meet state water mandates and increase revenues by upgrading current hardware and software to IOT level Smart City technology.

Barbco forms Omneity Innovations
Barbco finalized a split of its engineering and service departments from the company to create Omneity Innovations, a spin-off company. Omneity will utilize the departments’ expertise to focus on continued improvement of service to its customers. It will provide a wide array of services including engineering, training, technical support, consultation, repair and rebuild for all underground trenchless technologies.

Aries Industries adds new Alberta dealer
Aries Industries has strengthened its international market reach by adding Alberta-based Superior North America to its network of dealers. Superior North America, headquartered in Calgary, services the prairie provinces and British Columbia. The company brings over 17 years’ experience in the refuse, road maintenance, sewer and public works equipment industries.

Vacuworx renovates Tulsa machine shop
Vacuworx has a newly-renovated machine shop inside its Tulsa, Oklahmoa, headquarters. The equipment manufacturing company is turning excess capacity into a new revenue stream as the company takes on contract work for outside companies. Vacuworx offers comprehensive design, CAM programming and machining services on an array of raw materials. The shop can accommodate short to large production runs and specializes in prototype development and finish treatments to suit individual needs.

Volvo Group and Daimler Truck AG enter new joint venture
The Volvo Group and Daimler Truck AG have a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, in addition to other applications. The ambition of both partners is to help take a step toward climate-neutral and sustainable transportation by 2050. The Volvo Group will acquire 50% of the partnership interests in Daimler Truck Fuel Cell GmbH & Co. KG for approximately $7 million on a cash and debt-free basis. Closing of the transaction is expected during the first half of 2021, subject to merger control review by relevant authorities, as well as other approvals.


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