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News

citybiz
citybiz.co > article > 879179 > spx-technologies-appoints-jbt-marel-ceo-brian-deck-to-board-of-directors

SPX Technologies Appoints JBT Marel CEO Brian Deck to Board of Directors

19+ hour, 50+ min ago   (334+ words) SPX Technologies has appointed Brian Deck as an independent member of its Board of Directors, effective July 27, 2026, adding a public company chief executive with experience in acquisitions, finance and operational growth as the Charlotte-based industrial technology company continues executing its…...

citybiz
citybiz.co > article > 879249 > capitol-meridian-partners-invests-in-rh-aero-systems-to-fuel-global-expansion

Capitol Meridian Partners Invests in RH Aero Systems to Fuel Global Expansion

19+ hour ago   (294+ words) Capitol Meridian Partners has agreed to make a strategic investment in RH Aero Systems, providing capital to accelerate the aviation support equipment company’s global expansion, broaden its product and service offerings, and strengthen its position across commercial and defense aerospace…...

citybiz
citybiz.co > article > 879310 > transdigm-to-acquire-prince-izant-in-1-07-billion-aerospace-components-deal

TransDigm to Acquire Prince & Izant in $1.07 Billion Aerospace Components Deal

18+ hour, 30+ min ago   (505+ words) citybiz TransDigm Group has agreed to acquire Prince & Izant, a manufacturer of highly engineered brazing alloys and specialty metal components, for approximately $1.066 billion in cash, including certain tax benefits. The acquisition expands TransDigm’s portfolio of proprietary aerospace components and strengthens…...

citybiz
citybiz.co > article > 879151 > elon-musks-boring-company-seeks-4b-raise-at-20b-valuation

Elon Musk’s Boring Company Seeks $4B Raise at $20B Valuation

22+ hour, 10+ min ago   (290+ words) Elon Musk’s underground transportation venture, The Boring Company, is reportedly in discussions to raise approximately $4 billion in new funding, a deal that would value the company at about $20 billion, according to multiple reports citing people familiar with the negotiations. The…...

citybiz
citybiz.co > article > 878803 > youngstown-innovation-hub-breaks-ground-on-161-6-million-aerospace-and-defense-manufacturing-initiative

Youngstown Innovation Hub Breaks Ground on $161.6 Million Aerospace and Defense Manufacturing Initiative

3+ day, 19+ hour ago   (346+ words) Construction has begun on the Youngstown Innovation Hub for Aerospace & Defense, a major advanced manufacturing initiative designed to strengthen the U.S. aerospace and defense industrial base while positioning northeast Ohio as a national center for additive manufacturing and defense innovation. The…...

citybiz
citybiz.co > article > 878195 > tinicum-backs-gracoroberts-with-strategic-investment-to-support-aerospace-growth

Tinicum Backs GracoRoberts With Strategic Investment to Support Aerospace Growth

4+ day, 19+ hour ago   (561+ words) citybiz GracoRoberts, a specialty chemicals and advanced composite materials distributor serving the aerospace and defense industry, has secured a strategic investment from Tinicum, positioning the company for its next phase of growth through expanded capabilities, operational investment and continued market…...

citybiz
citybiz.co > article > 878206 > google-reveals-94-1-billion-spacex-stake-following-historic-ipo

Google Reveals $94.1 Billion SpaceX Stake Following Historic IPO

4+ day, 19+ hour ago   (210+ words) Google disclosed that it now holds $94.1 billion in SpaceX shares following the aerospace and artificial intelligence company’s blockbuster initial public offering, highlighting the scale of one of Alphabet’s most valuable strategic investments. According to Alphabet‘s quarterly filing, Google was…...

citybiz
citybiz.co > article > 877523 > level99-secures-100-million-growth-commitment-from-act-iii-to-accelerate-u-s-expansion

Level99 Secures $100 Million Growth Commitment From Act III to Accelerate U.S. Expansion

5+ day, 18+ hour ago   (306+ words) Level99 has expanded its growth equity commitment from longtime investor Act III Holdings to $100 million, providing fresh capital to accelerate the rollout of its interactive entertainment venues across the United States as the company seeks to establish a national presence in…...

citybiz
citybiz.co > article > 877401 > spectrum-reach-expands-operations-to-include-new-york-interconnect

Spectrum Reach Expands Operations to Include New York Interconnect

6+ day, 10+ hour ago   (182+ words) Spectrum Reach is expanding its advertising business to provide many of the products and services currently offered by New York Interconnect (NYI), strengthening its advertising capabilities in the nation’s largest media market. NYI, an advanced advertising joint venture serving the…...

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citybiz.co > article > 876730 > qarbon-aerospace-expands-texas-headquarters-with-classified-defense-manufacturing-facility

Qarbon Aerospace Expands Texas Headquarters With Classified Defense Manufacturing Facility

6+ day, 19+ hour ago   (310+ words) Qarbon Aerospace is expanding its defense manufacturing capabilities with the addition of a 55,000-square-foot classified production space at its headquarters in Red Oak, Texas, as the aerostructures supplier positions itself to support a growing pipeline of classified U.S. defense programs. The…...