Dover completed the sale of its Tipper Tie unit, producer of processing and clipping machines for the meat and poultry industries.
The site at Alexandra Docks has been transformed in under two years from a derelict industrial wasteland to a busy high-tech manufacturing hub.
PMMI’s 2016 State of the Industry U.S. Packaging Machinery Report also noted the value of domestic shipments of U.S.-produced machinery rose 0.3 percent to $7.51 billion in 2015.
Southern Company subsidiary Southern Power acquired a controlling interest in the 100-megawatt (MW) Boulder Solar I Facility in Nevada from SunPower Corp.
Also in the news, the industrial cooling system market poised to reach $17.24 billion by 2021 and the global industrial gases market expected to grow at 6 percent CAGR through 2022.
GE Water & Process Technologies will continue to operate normally throughout the selling process with a target sale period of mid-2017.