Twin Disc to acquire Veth Propulsion, expanding marine product line

TWIN DISC TO ACQUIRE VETH PROPULSION, EXPANDING MARINE PRODUCT LINE DEAL WITH DUTCH FIRM EXPECTED TO CLOSE IN JULY Posted by Arthur Thomas from BizTImes on June 13, 2018 Racine-based Twin Disc Inc. plans to acquire Veth Propulsion, a Dutch firm specializing in marine propulsion and power control products, for approximately $58.6 million. The transaction… Read More

Twin Disc investing in Racine operations as oil and gas rebounds

Twin Disc investing in Racine operations as oil and gas rebounds Distribution functions moving to make room for new equipment Posted by Arthur Thomas from BizTImes on May 7, 2018 Rising oil prices and increased activity in oil and gas markets are prompting Racine-based Twin Disc Inc. to invest in additional production capacity after the… Read More