It's just business: Manufacturing moves from Apple, Advantive, Magic Software, 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.
Merger: Infinity Engineered Products and Meklas Otomotiv have entered into a definitive merger agreement to form a single company focused on global air spring innovation, manufacturing, and distribution. The newly unified company, operating under the Infinity Engineered Products name, will expand its product offerings and serve OEM and aftermarket customers across heavy-duty, agriculture, and industrial markets. In a recent quote, Char Zawadzinski, Infinity Engineered Products, Chief Executive Officer, said, “The synergies formed will unlock opportunities for our global customer base – from research and design to the manufacturing floor – while strengthening our business at every level. This is both an exciting and transformational time. We’re eager to offer our customers greater engineering power and capacity, increased idea generation and a reinforced global commitment.”
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Partnership: Apple has announced a $500 million multiyear commitment with MP Materials to purchase American-made rare earth magnets and support advanced manufacturing at MP’s Fort Worth, Texas facility. The partnership also includes plans to establish a rare earth recycling line in California and develop new magnet technologies to enhance performance and sustainability. In a recent quote, Tim Cook, Apple’s CEO, said, “American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy. Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States. We couldn’t be more excited about the future of American manufacturing, and we will continue to invest in the ingenuity, creativity, and innovative spirit of the American people.”
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Acquisition: Advantive has acquired PINpoint, a Canada-based manufacturing execution system (MES) provider, to expand its suite of data-driven, no-code software solutions for specialty manufacturing and distribution businesses. The acquisition enhances Advantive’s ability to offer real-time production visibility and actionable insights that help manufacturers address inefficiencies, workforce challenges, and supply chain disruptions. In a recent quote, Kevin Boyce, CEO of Advantive, said, “Advantive focuses on transformational manufacturing and distribution-centric software. This acquisition significantly expands feature capabilities into data-driven proficiency. The acquisition of PINpoint enables us to further solidify our position in manufacturing and unlock new opportunities to combine data excellence and the human element within the manufacturing process.”
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Acquisition: Magic Software Enterprises Ltd. has acquired Axiom Manufacturing Systems, a consultancy and system integrator specializing in manufacturing operations, to strengthen its position in manufacturing digital transformation. The acquisition enhances Magic Software’s capabilities in delivering integrated MES, ERP, and shop floor solutions tailored for small and mid-sized manufacturers. In a recent quote, Tom Connell, Vice President of Business Development for the Americas at Magic Software, said, “The combination of Magic xpi and Axiom’s on-the-ground manufacturing expertise has already delivered measurable results. Now, as one team, we can move faster and go further. This acquisition expands our delivery capacity, sharpens our domain expertise, and strengthens our commitment to making digital transformation real and attainable for every manufacturer.”
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Acquisition: TriggerTech has acquired Hawkins Precision, a Colorado-based manufacturer of premium rifle components, in a move that strengthens its presence in the precision shooting market and establishes U.S. manufacturing operations. The acquisition combines TriggerTech’s zero-creep trigger technology with Hawkins Precision’s trusted accessory systems, paving the way for expanded product development and innovation. In a recent quote, Bryden Richardson, CEO of TriggerTech, said, "Hawkins Precision has earned a stellar reputation for engineering and manufacturing best-in-class rifle accessories, and we're thrilled to welcome their team into the TriggerTech family. This acquisition brings deep product expertise, strong customer relationships, and operational leverage that will help us serve the precision rifle community even better."
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