Jungheinrich is the clear leader in battery pack production in the EMEA and Americas markets for loaders, telehandlers, excavators and tractors, but they don't produce for larger vehicles, which gives other companies a potential opening in the market.

Turntide Technologies integrated its U.K. facilities into a centralized engineering campus and launched its leading power electronics facility in India.

Motion signed a definitive purchase agreement to acquire the operating assets of M.B. McKee Company, a family-owned distributor of mechanical bearings, belts, chain, conveyor systems, components and more.

Elgin Industries has appointed Susan Liddi as chief financial officer.