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$157M acquisition of Portland cannabis company closes

Acreage Holdings closed its all-stock acquisition of Form Factory, the Portland-based cannabis product co-packer, this week. Announced at $160 million in December, the deal closed at $157 million, Acreage said. But Form Factory appears on its way to b...

By | 2019-04-19T21:20:40+00:00 April 19th, 2019|Budget and Tax|

Boeing takes on risk for excess 737 parts held at Spirit AeroSystems

A regulatory filing from Spirit AeroSystems Inc. in Wichita offers new details on how the risks and costs of its staggered 737 production plan with the Boeing Co. are being handled.  Boeing (NYSE: BA) announced earlier this month that it would trim it...

By | 2019-04-19T19:32:44+00:00 April 19th, 2019|Budget and Tax|

Lindenbeck family unlocks growth in Monroe manufacturing operation

The Lindenbeck family didn’t start B+E Manufacturing Co. Inc. and its companion company, Stainless Valve Co., but its members certainly are the key to the companies’ growth in the last 32 years.

By | 2019-04-19T09:00:00+00:00 April 19th, 2019|Budget and Tax|

French flooring company moving some North American manufacturing to Dalton, Ga.

A global manufacturer of flooring and sports surface products is moving its North American operations to north Georgia and Ohio. Paris-based Tarkett announced it would close manufacturing sites in Waterloo, Ontario and Truro, Nova Scotia in Canada to ...

By | 2019-04-17T11:50:35+00:00 April 17th, 2019|Budget and Tax|

German lift truck safety system maker opens U.S. subsidiary in metro Atlanta

A German manufacturer of lift truck safety systems is opening a U.S. subsidiary in metro Atlanta. Elokon is based in Tornesch in north Germany, just outside of Hamburg. It also has subsidiaries in the United Kingdom and Poland. The company currently s...

By | 2019-04-17T09:30:00+00:00 April 17th, 2019|Budget and Tax|

Textron Aviation announces new business jet sales in China

Textron Aviation has announced sales agreements for eight new Cessna Citation business jets through a joint venture in China.  The local division of Textron Inc. (NYSE: TXT) says in a press release that the eight Citation XLS+ will be delivered over t...

By | 2019-04-16T14:42:37+00:00 April 16th, 2019|Budget and Tax|