Supply Chain

Gates Industrial Completes Acquisition of Timken's Belts Business

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Gates Industrial Completes Acquisition of Timken's Belts Business

Denver – September 29, 2026 -- Gates Industrial Corporation Ltd. (NYSE: GTES) has completed the acquisition of The Timken Company's belts business, including select manufacturing assets, expanding its North American power transmission footprint.

Gates gains manufacturing capacity and customer ties across three key markets

The deal adds production capacity and customer relationships spanning industrial original equipment manufacturers, the industrial aftermarket, and mobility power sports segments. Gates said the acquisition also strengthens its talent base with the addition of former Timken employees.

Saigon Hustle Expands to Three Houston Units via WMG Marketing Deal

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Saigon Hustle Expands to Three Houston Units via WMG Marketing Deal

Austin, Texas – September 29, 2026 -- Saigon Hustle, a Vietnamese-inspired restaurant concept backed by private equity firm Savory Fund, has grown to three locations across the Houston market through a growth marketing partnership with Walden Media Group (WMG).

WMG scales Saigon Hustle from single unit to three-location Houston operation

WMG, a growth marketing agency, has led paid and organic digital acquisition, creative production, brand identity, social media, and go-to-market strategy for Saigon Hustle since engaging with the brand. The partnership has taken the concept from one restaurant to a multi-unit operation in Houston, with Savory Fund providing the operational, financial, and strategic infrastructure to support the expansion.

Colson Group Acquires Canadian Caster Maker Algood, Founded 1969

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Colson Group Acquires Canadian Caster Maker Algood, Founded 1969

St. Joseph, Mich. – September 29, 2026 -- Colson Group has acquired Algood Caster Innovations, a Toronto-area manufacturer of industrial and specialty casters, wheels and mobility solutions founded in 1969.

Deal adds five decades of Canadian manufacturing expertise to Colson's global footprint

Algood operates a fully integrated manufacturing facility near Toronto, covering engineering and design, tool and die, metal stamping, injection molding, CNC machining, robotic welding and quality assurance. The setup allows the company to take products from concept through production within a single operation.

Claigan Webinar Warns Firms: Prop 65 Safe Harbor Voided by Wrong Substance

Ottawa, ON -- Claigan Environmental will run two webinars on September 29, 2026, to brief manufacturers on incoming 2028 Proposition 65 warning rules that eliminate generic labels and require exact chemical identification.

Generic Prop 65 warnings lose legal validity starting in 2028

Under the new requirements, short-form warnings must name a specific substance rather than relying on the current blanket language many companies have used for years. Claigan states that identifying the correct chemical will no longer be a routine formality.

Listing the wrong substance voids safe harbor protection entirely

If a product warning cites a substance that is not actually present, or one that poses no exposure risk to the user, the safe harbor defense is nullified. This exposes companies to liability even when a warning label is present on the product.

Alloy Holdings Acquires GSM Metals, Cimini & Associates

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Alloy Holdings Acquires GSM Metals, Cimini & Associates

Providence – September 29, 2026 -- Alloy Holdings, LLC has completed the acquisitions of privately held GSM Metals, Inc. and Cimini & Associates, Inc., adding precious-metal mill products and advanced electrical materials capacity to its Rhode Island-based manufacturing platform. The deals closed on September 29, 2026, according to the company.

Alloy Holdings adds two Rhode Island manufacturers to its metals and materials portfolio

GSM Metals, based in Cranston, will retain its name and operations, supplying precious-metal mill products for premium and luxury jewelry, commercial, and specialty-material applications. Cimini & Associates, based in Westerly, will operate as C&A Advanced Materials, manufacturing electrical materials and components for grid infrastructure, power generation, and distribution, including high-performance rod materials used in nuclear reactor technology globally.

My Home Delivery Expands White-Glove Bulky Item Service to Nashville

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My Home Delivery Expands White-Glove Bulky Item Service to Nashville

Nashville, Tennessee – September 28, 2026 -- My Home Delivery has launched on-demand white-glove delivery services in Nashville, Tennessee, giving local retailers and consumers a new logistics option for transporting furniture, appliances, mattresses, and large electronics.

App-based platform offers full-service delivery including assembly and item removal

Through the My Home Delivery app, customers can schedule transportation, in-home placement, assembly, and old-item removal for Big and Bulky purchases made from retailers or local marketplaces. The service is available via download on the Apple App Store or Google Play Store for Nashville-area customers.

Eden Radioisotopes Advances $1.4B N.M. Isotope Plant with Kiewit, State Backing

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Eden Radioisotopes Advances $1.4B N.M. Isotope Plant with Kiewit, State Backing

Albuquerque, N.M. – September 28, 2026 -- Eden Radioisotopes has secured New Mexico state economic support and locked in Kiewit Nuclear Solutions Co. as its engineering, procurement and construction partner for a planned $1.4 billion medical isotope production facility in Lea County, New Mexico.

New Mexico backs up to $1.4 billion investment through tax incentives

Economic Development New Mexico confirmed the state will support Eden's investment through the Job Training Incentive Program, high-wage and rural job tax credits, and LEDA GRT Share. The project is projected to create 205 jobs statewide and generate more than $1.5 billion in economic impact over 10 years.

93% of Arizona Voters Back Long-Term Water Investment: CFA Survey

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93% of Arizona Voters Back Long-Term Water Investment: CFA Survey

Phoenix – September 28, 2026 -- A new statewide survey from the Center for the Future of Arizona (CFA) finds 93% of Arizona voters agree elected leaders must make long-term investments to secure the state's water future, including dedicating more state funding to water systems.

Bipartisan Support Crosses Party Lines on Water Funding

Support for long-term water investment spans the political spectrum, with 90% of Republicans, 91% of independent and unaffiliated voters, and 97% of Democrats in agreement, according to the 2026 Arizona Voters' Agenda research.

Voters Back Diversified Water Supply Strategies

89% of respondents agree Arizona needs to expand its water supply through strategies including new water sources, desalination investment, and wastewater recycling. That figure includes 87% of Republicans, 86% of independent and unaffiliated voters, and 96% of Democrats.

Trimble Debuts AI Agents, Voice Navigation for Fleets at Insight 2026

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Trimble Debuts AI Agents, Voice Navigation for Fleets at Insight 2026

San Diego – September 28, 2026 -- Trimble opened its 2026 Insight Conference by unveiling nearly 20 new AI-driven features for freight carriers, including autonomous route planning, voice-activated in-cab navigation and an invoice-scanning tool that has already saved more than 136,000 minutes across 19,500 processed invoices compared to manual data entry.

Defense VC Grows Tenfold Since 2019 but Production Financing Lags Sharply

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Defense VC Grows Tenfold Since 2019 but Production Financing Lags Sharply

Boston – September 28, 2026 -- Private investors have committed seven dollars for every one dollar the US government has put toward production funding for new-entrant defense companies, a gap that risks stalling next-generation technology before it reaches frontline forces, according to a joint analysis released by Bain & Company and the Aerospace Industries Association (AIA).

The report, titled "The State of Investment in Defense: Unlocking Growth," draws on 50 stakeholder interviews conducted between April and August 2026 with prime integrators, new market entrants, suppliers and investors.