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PTC Announces CEO Succession

Gary Mintchell

Here is a bit of news in our rapidly maturing market. I don’t know that it necessarily means anything and I don’t know any of the people, but I do find it interesting that no long term PTC executives were promoted. In a maturing market, the new CEO has a background in finance and most recently running the service operations.

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Big Bolt, LLC Acquires Delta Secondary, LLC

Fastener News Desk

. – Big Bolt expands its presence in the strategic secondary services growth category. Delta is a great fit—commercially, operationally and culturally—and a valuable extension to Big Bolt’s existing operation,” said Tom Moore, Chief Executive Officer of Big Bolt. NEWS PROVIDED BY. Tom Moore | BIG BOLT LLC.

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Spin Master signs deal to buy Melissa & Doug for US$950 million

Canadian Manufacturing

Spin Master chief executive Max Rangel said Melissa & Doug is a trusted brand of early childhood toys with an evergreen portfolio that will expand the company’s reach and help grow revenue. Spin Master Corp. announced a deal on Wednesday to buy U.S.-based based toy company Melissa & Doug for US$950 million in cash.

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Water companies to pay back £114m for missing performance targets

E&T

In addition, 10 companies were placed in the “average” category, with none able to achieve the “leading” stage. While that may be welcome to billpayers, it is very disappointing news for all who want to see the water sector do better,” said Ofwat chief executive David Black. “It

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IN THE NEWS with Fastener News Desk the Week of February 13, 2023

Fastener News Desk

The Mid-West Fastener Association’s Executive Director, Nancy Rich is set to retire at the end on 2023 a fter an unprecedented forty years of service. Executive Director, Nancy Rich to Retire from Mid-West Fastener Association Fasteners, Inc. Thanks for tuning in to this week’s episode of IN THE NEWS with Fastener News Desk.

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Leeds Manufacturing Festival Launches to Address Recruitment Challenges

MEM

A high-profile launch event kicking off the Leeds Manufacturing Festival will take place at Leeds City College’s flagship Printworks Campus on 22 February, with keynote speakers West Yorkshire Mayor Tracey Brabin and Stephen Phipson, chief executive of manufacturing employers’ organisation MAKE UK topping the bill.