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Pace Industries Acquires Jackson Die Cast

Pace Industries, a provider of custom die casting, engineering and manufacturing for many industries, has closed on the acquisition of aluminum high-pressure die casting facility Jackson Die Cast from Metal Technologies of Indiana.

Caterpillar Profit Soars

Caterpillar Inc. today said third-quarter earnings soared as the maker of earthmovers, mining trucks and other heavy equipment saw increased sales.

Ford Third-Quarter Profit Declines

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Methods Machine Tools to Acquire Koch Machine Tool

Methods Machine Tools has signed an agreement with an intent to acquire Koch Machine Tool, a machine tool dealer and Methods’ avenue into the Texas machining market since 2010. Methods anticipates a definitive agreement by January 1, 2022.