https://www.tipranks.com/news/the-fly/gxo-logistics-versace-renew-partnership-in-italy IES Holdings (IESC) has acquired Arrow Engine Company, a provider of engines, generator sets, compressors, and replacement parts primarily for the natural gas production market, from TriMas Corporation (TRS). The acquisition includes Arrow’s owned manufacturing facility in Tulsa, which consists of 130,000 square feet of manufacturing space. Arrow, with estimated calendar year 2024 revenue of $20M, will become part of IES’s Infrastructure Solutions segment and continue to operate under the Arrow name. Maximize Your Portfolio with Data Driven Insights: Leverage the power of TipRanks' Smart Score a data driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on IESC: IES Holdings Expands Credit Facility for Growth IES Holdings announces $300M credit facility Small-Cap Focus: IES Holdings (IESC) Is an Under-the-Radar Data Center Play View Comments
IES Holdings acquires Arrow Engine Company, terms not disclosed
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