Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Elgi divests stake in US joint venture Compressed Air Solutions of Texas · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Sep 26, 2024ACQUISITIONTexas, United States

Elgi divests stake in US joint venture Compressed Air Solutions of Texas

Elgi Compressors USA, a subsidiary of Elgi Equipments, decided to sell its entire stake in the Compressed Air Solutions of Texas joint venture to its partner for $154,586, with closure expected by October 31, 2024.

Value

$155K

Status

Announced

Productsoil-flooded rotary screw air compressors

CompaniesElgi Equipments partner Compressed Air Solutions of Texas target

Sectors#Industrial Machinery

“The divestment will fetch Elgi USA a consideration of $154,586.”cnbctv18.com

1 source
cnbctv18.comElgi Equipments to divest stake in US joint venture for $154,586 - CNBC TV18Sep 26, 2024

Summarized from public sources; check the original articles before acting on it.

More from Elgi Equipments

Nov 4, 2026PRODUCT LAUNCHGulfood Manufacturing 2026 (Dubai), United Arab Emirates
Elgi Equipments launches Demand=Match compressor technology in Middle East and Africa
Elgi Equipments indexbox.io
Sep 28, 2026EXPANSIONCoimbatore, India$57.0M
ELGi backs Rs 500 crore Coimbatore manufacturing expansion in bid for top-three compressor rank
Elgi Equipments elgi.com
Mar 31, 2026EXPANSIONKinathukadavu, Coimbatore, India
ELGi delays capacity expansion timelines at Coimbatore facility
Elgi Equipments timesofindia.indiatimes.com
Jan 12, 2026EXPANSIONCoimbatore, India
ELGi commissions new vacuum pump assembly line in Coimbatore
Elgi Equipments D.V.P. Vacuum Technology partner timesofindia.indiatimes.com
Feb 28, 2024INVESTMENTCoimbatore, India$61.0M
ELGi plans over ₹500 crore campus investment to consolidate Coimbatore manufacturing
Elgi Equipments thehindubusinessline.com
Feb 16, 2024PARTNERSHIPIndia
Elgi Equipments partners with D.V.P. Vacuum Technology to enter vacuum pump business in India
Elgi Equipments partner D.V.P. Vacuum Technology partner thehindu.com

Similar announcements

Nov 4, 2026ACQUISITIONPhiladelphia, United States
Hanwha Defense USA to acquire Hanwha Philly Shipyard
Hanwha Defense USA acquirer Hanwha Philly Shipyard target polymerupdate.com
Nov 3, 2026ACQUISITIONAlabama, United States
JIT Industries acquires Alabama Hard Chrome Plating facility
JIT Industries JIT Industries acquirer pcimag.com
Nov 3, 2026ACQUISITIONFarmingdale, New York, United States
Fortifi acquires I.J. White Systems
Fortifi Food Processing Solutions acquirer I.J. White Systems target fortififoodsolutions.com foodengineeringmag.com foodanddrinktechnology.com
Nov 2, 2026ACQUISITIONUnited States$675.0M
Omron to acquire Interlogic for $675 million
OMRON acquirer Interlogic, Inc. target siphtor.com
Nov 2, 2026ACQUISITIONUnited States
Kewaunee Scientific to acquire Nycom, the largest US lab dealer
Kewaunee Scientific Corporation acquirer Nycom target prnewswire.com
Nov 2, 2026ACQUISITIONRoyersford, Pennsylvania; Montrose, Colorado, United States
Continental Diamond Tool acquires PG&F Superabrasives
Nimbus partner Continental Diamond Tool Corp. acquirer einpresswire.com