Magnet Defense Acquires Metal Shark

The acquisition is intended to accelerate to accelerate autonomous maritime capabilities and U.S. shipbuilding capacity MIAMI—Magnet Defense LLC, a developer of fully autonomous national security maritime platforms for fleet operations and missile defense missions,...

Steel Tube Institute Identifies Top Trends Defining the Industry in 2026

Growth in U.S. manufacturing, construction of energy-intensive facilities, and workforce skills training are shaping STI’s priorities. CHICAGO—The Steel Tube Institute (STI), an organization that brings together key producers in the steel industry to advance the use...

Threadlock Precision, Supported by D. E. Shaw Group, Acquires Kremin

The acquisition expands Threadlock’s U.S. aerospace and defense precision manufacturing network. FRANKENMUTH, Mich.—Threadlock Precision, a U.S.-based precision manufacturing network, announced in a release that it acquired Kremin Inc., a Michigan-based CNC machining...

Pinson Valley Heat Treating Acquired by Weinberg Capital Group

CLEVELAND—Weinberg Capital Group (WCG) recently announced its acquisition of  Pinson Valley Heat Treating (PVHT), a specialty heat-treating company that serves the aerospace and defense, industrial, and automotive end markets. Pinson Valley Heat Treating, founded in...