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MHI received a significant order from Brazil-based Klabin for five casemaker machines for its new corrugated board plant in Piracicaba, São Paulo, with two lines due for delivery before the facility opens in late 2023.
Carlyle and Stellex have appointed Jim Marcotuli as CEO of the newly created company combining Vigor and MHI, effective October 14, 2019.
The Carlyle Group and Stellex Capital Management have closed their acquisition of Vigor Industrial and MHI Holdings, which serve the U.S. Navy and commercial shipping. No financial terms were disclosed.