It's just business: Manufacturing moves from Vertiv, Firestorm Labs, Hadrian, 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.
Capital: Hadrian has announced $260 million in new funding and major factory expansions in California and Arizona to support advanced manufacturing for defense applications. The investment will accelerate production capabilities across the full manufacturing stack, including mission-critical systems for munitions, shipbuilding, and other Department of Defense priorities. In a recent quote, Chris Power, founder and CEO of Hadrian, said, "America cannot afford to lose another generation of industrial capacity. We're building the factories that will secure American leadership in advanced manufacturing and create new jobs here in the United States. China is making massive bets on industrial dominance. The United States needs to respond not just with policy, but with production. That's what Hadrian is here to do."
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Acquisition: Vertiv has announced a $200 million agreement to acquire Great Lakes Data Racks & Cabinets, a manufacturer of customized data rack enclosures and infrastructure solutions. The acquisition is expected to bolster Vertiv’s ability to deliver AI-ready, pre-engineered rack systems for enterprise, edge, colocation, and hyperscale computing markets. In a recent quote, Gio Albertazzi, CEO at Vertiv, said, "Great Lakes is a leading rack manufacturer with an extensive portfolio of high-end rack solutions and innovation capabilities that are essential in an increasingly demanding high-density AI infrastructure environment. With the acquisition of Great Lakes, Vertiv strengthens its position as a premier technology solutions provider in the critical white space market. Our combined capabilities enable us to deliver comprehensive, engineered infrastructure solutions that go beyond basic integration, addressing the complex challenges of next-generation AI technology."
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Capital: Firestorm Labs has secured $47 million in Series A funding to expand its expeditionary manufacturing capabilities and accelerate point-of-need production for defense applications. The investment will support platform development, facility expansion, and deployment of xCell, a mobile factory that enables on-site manufacturing of unmanned systems for rapid, adaptable battlefield use. In a recent quote, Dan Magy, CEO of Firestorm, said, "We're thrilled about this milestone, because it empowers Firestorm to deliver critical, battlefield-ready solutions faster and at scale. Our unique ability to 3D print modular airframes on-site dramatically reduces production timelines, costs, and logistical constraints, giving the U.S. and allied forces the adaptive technology they urgently need in complex and contested operational environments."
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Acquisition: One World Products, Inc. (OWP) has acquired Eco Bio Plastics Midland, Inc., a U.S.-based manufacturer of plant-based and biodegradable plastics, for approximately $600,000 in cash. The acquisition expands OWP’s capabilities in sustainable materials and supports its growth in food packaging, automotive, and consumer goods sectors. In a recent quote, Isiah Thomas, Chairman and CEO of One World Products, said, “This is more than a business move - it’s a mission. By acquiring Eco Bio, we’re not only scaling innovation in sustainable materials, we’re making a long-term investment in American manufacturing, quality jobs, and, ultimately, generational wealth creation.”
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Acquisition: Synopsys has completed its acquisition of Ansys, combining their strengths in silicon design, IP, and system simulation to better support the development of AI-powered products. This strategic move expands Synopsys’ total addressable market to $31 billion and enhances its position in intelligent system design. In a recent quote, Sassine Ghazi, president and CEO of Synopsys, said, “Today marks a transformational milestone for Synopsys. For decades, Synopsys has been delivering breakthroughs in silicon design and IP that have fueled chip innovation. The increasing complexity of developing intelligent systems demands design solutions with a deeper integration of electronics and physics, enhanced by AI. With Ansys' leading system simulation and analysis solutions now part of Synopsys, we can maximize the capabilities of engineering teams broadly, igniting their innovation from silicon to systems.”
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