North American Construction Group Ltd. (NOA) announced on October 22 that the company was awarded a construction project as part of a joint venture with Nuna Group. The contract is for a two-year construction project of a gold mine in Northern Ontario. The project is valued at over $250 million, and construction is set to […]
On October 13, Chart Industries, Inc. (GTLS) completed its acquisition of Worthington Industries, Inc. Chart now owns Worthington’s Alabama manufacturing site, all trailer-related intellectual property, manufacturing capabilities, and equipment and repair backlog. The acquisition extends Chart’s expertise in cryogenics and liquid hydrogen storage to include trailers and equipment for transportation of liquid hydrogen. Sonal […]
Arch Capital Group Ltd. (ACGL) announced on October 9 that it entered an agreement to acquire Watford Holdings Ltd. (WTRE). Watford’s shareholders will receive $31.10 per share in an all-cash transaction worth $622 million. Arch Capital announced that the transaction is expected to close in early 2021 and that Watford will continue to operate as […]
MTS announced two new contract awards totaling $17 million on October 1. The first contract award is with a multi-national engineering and manufacturing conglomerate. MTS will provide a first-of-a-kind fault ride through tester for the customer’s offshore wind business. The product will help to maintain the stability of power generation for large offshore wind turbines. […]
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