It's just business: Manufacturing moves from WiM, Siemens, Sandvik, and more

As manufacturers strive to optimize and improve profitability, they often use various business strategies to stay competitive. These actions include mergers, acquisitions, promotions, layoffs, funding, and much more. Below are just a few of the companies that are making moves and making headlines in the industrial sector. 

Acquisition: Siemens Digital Industries Software has completed the acquisition of DownStream Technologies, a provider of manufacturing data preparation solutions for PCB design. Siemens hopes the acquisition will allow the company to offer a more comprehensive manufacturing data preparation solution, improving time to market, quality, and cost efficiency for mid-sized PCB businesses. In a recent quote, Mike Ellow, CEO, Siemens EDA, Siemens Digital Industries Software, said, "The acquisition is a significant step for Siemens EDA in the mid-sized PCB market, offering DownStream's customers improved time to market, quality, and cost efficiency. Integrating DownStream Technologies enables Siemens EDA to provide the most comprehensive and advanced manufacturing data preparation solution, helping to ensure a smooth transition from design to production within a fully digitalized and scalable electronic systems design process." 
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Acquisition: Sandvik has signed an agreement to acquire Osa Demolition Equipment S.r.l. (OSA), an Italy-based manufacturer of demolition tools and hydraulic hammers, which will be integrated into Sandvik's Attachment Tools division. This acquisition will enhance Sandvik’s position in the demolition and recycling segment and provide growth opportunities through its global distribution network. In a recent quote, Stefan Widing, President and CEO of Sandvik, said, "This acquisition is a step in our strategy to expand in attractive niches within Sandvik Rock Processing Solutions. We look forward to welcome OSA to the Group." 
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Capital: BRINC, a U.S. manufacturer of emergency response drones, has secured $75 million in new funding led by Index Ventures and joined by Motorola Solutions to accelerate the development, production, and deployment of its advanced drone technology. The strategic alliance with Motorola Solutions will integrate BRINC drones with a suite of public safety tools to enhance real-time crisis response capabilities. In a recent quote, Blake Resnick, Founder and CEO of BRINC, said, "We will continue building world-class emergency response drones and scale our team to meet the growing demand for our life-saving technologies. We couldn't be more excited for the future." 
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Acquisition: Conewago Manufacturing, LLC has acquired Hanover Concrete Co., expanding its ready-mix concrete capabilities and service area across southcentral Pennsylvania and Northern Maryland. The acquisition includes multiple facilities, with all Hanover employees offered roles and David Albright joining Conewago as Vice President of Ready-Mix Sales. In a recent quote, Donald B. Smith, Jr., President of Conewago Enterprises, Inc., said, “Both of our companies are multi-generation, family-owned-and-operated businesses founded and headquartered in Hanover. It is an honor to partner with the Albright family to continue their 85-year legacy of offering premium quality ready-mix concrete while expanding Conewago’s service area.” 
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Partnership: The Women in Manufacturing Association (WiM) and the Society of Women Engineers (SWE) have announced a new partnership aimed at expanding benefits and fostering professional growth for women in the manufacturing and engineering industries. As part of the collaboration, a special membership discount is being offered to individuals joining both organizations to encourage shared access to resources and networks. In a recent quote, Allison Grealis, founder and president of WiM, said, “At WiM, we are thrilled to partner with SWE as both organizations share a deep commitment to advancing women in the workforce. This collaboration will help us strengthen our mission of promoting, supporting and inspiring women who have chosen a career in the manufacturing space.” 
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