Bridge Bank’s Technology Banking Group has finalized a substantial $47 million term loan agreement with Divergent Technologies Inc., based in Torrance, California. This significant financial boost is aimed at supporting Divergent’s continued innovation and growth in the fields of automotive, aerospace, and defense applications. The loan is a continuation of the existing partnership between the […]
Wipro 3D and Nikon SLM Solutions have entered into a strategic partnership, poised to transform the Additive Manufacturing sector in India. The alliance integrates Wipro 3D’s robust infrastructure and profound technical expertise with Nikon SLM Solutions’ cutting-edge selective laser melting technology. Together, they aim to enhance the quality of Additive Manufacturing services and streamline manufacturing […]
Pacteon Group, a portfolio company of New York-based private equity firm GenNx360 Capital Partners, has announced the acquisition of Descon Integrated Conveyor Solutions, a leading provider of conveyor systems for the food and beverage industry. This acquisition marks Pacteon’s fourth major strategic expansion, significantly enhancing its capabilities in end-of-line packaging automation equipment. Descon’s integration into […]
ExxonMobil (NYSE: XOM) and Air Liquide have embarked on a monumental collaboration to escalate the production of low-carbon hydrogen and ammonia at ExxonMobil’s expansive facility in Baytown, Texas. This strategic alliance is poised to revolutionize the hydrogen market, particularly focusing on the burgeoning demand for cleaner energy sources. Air Liquide commits up to $850 million […]