Manufacturing

Noteworthy Industry Profiles


Michael Coors Appointed to Colorado School of Mines Board of Trustees

Michael Coors, a distinguished alum of the Colorado School of Mines and current CEO of global technical ceramics supplier CoorsTek Inc., has been appointed to the institution’s Board of Trustees. Governor Jared Polis made the announcement of Coors’ appointment, with his tenure slated to last four years, ending in December 2027. CoorsTek, with its headquarters…more

James O’Leary Joins DMC Global’s Board of Directors

DMC Global Inc. announced that James O’Leary has been elected as an independent director on its board. O’Leary, with his nearly 40 years of experience in executive leadership and finance, brings expertise from the construction and industrial manufacturing industries to the table. O’Leary currently has a seat on the board of directors of publicly traded…more

CPI Card Group Appoints Ravi Mallela to its Board of Directors

CPI Card Group Inc., a leading provider in payment technology and credit/debit/prepaid solutions, has announced the appointment of Ravi Mallela to its Board of Directors. Effective from Nov. 15, 2023, Mallela will serve as an independent member of the board and will also be part of the board’s Audit Committee. Mallela is currently the chief…more

Mesa Labs Announces Quarterly Dividend

On Monday, Mesa Laboratories, Inc., announced that its Board of Directors has declared a cash dividend of $0.18 per share of common stock. The dividend, approved on October 2, 2023 will be payable to shareholders of record at the close of business on December 1, 2023. The payment is expected to be made by December…more

Sierra Space Raises $290 Million in Series B Funding, Boosting Valuation to $5.3 Billion

Commercial space travel firm Sierra Space announced a $290 million increase in its total investment income as a result of its second funding effort, known as Series B. Consequently, the company’s valuation has skyrocketed to a whopping $5.3 billion. This investment milestone powers the firm’s goal of enabling more frequent and universal space flights. Accordingly,…more

Sierra Space Forges Strategic Agreement with MUFG Bank, Kanematsu, and Tokio Marine Nichido to Examine Commercial Space Business

Sierra Space, an American commercial space company, has entered into a new strategic agreement with Mizuho Financial Group (MUFG) Bank, Kanematsu Corporation, and Tokio Marine Nichido Fire Insurance. This agreement is geared towards exploring opportunities arising from the growing commercial space business, marking a significant milestone for Sierra Space’s business expansion. The companies involved will…more

Viega LLC to Invest $200 million in New Ohio Manufacturing Plant

Viega, an industry leader in press technology, has announced plans to construct a new manufacturing facility in Shalersville, Ohio. The company, renowned for its ProPress and MegaPress products, aims to break ground this November, with the facility slated to be operational by early 2025. Markus Brettschneider, CEO and President of Viega LLC, is enthusiastic about…more

Ball Aerospace and NASA Wrap Up Construction Of Principal Equipment for Roman Space Telescope

Ball Aerospace announced the completion of the primary instrument intended for the Nancy Grace Roman Space Telescope, a project done in collaboration with NASA. The completion of this instrument, the Wide Field Instrument (WFI) Optical-Mechanical Assembly, serves as an important step in advancing the development of one of NASA’s most ambitious space exploration projects. The…more

U.S. Government Awards Contract to Sierra Space for Development of New Upper-Stage Rocket Engine

The U.S. Government has issued a contract to Colorado-based commercial space company Sierra Space for the development of advanced upper-stage rocket engines. Sierra Space, a subsidiary of privately held Sierra Nevada Corporation (SNC), is known for its suite of innovative space technologies and vehicles. The contract is part of an initiative towards U.S. independence in…more

DMC Global Names Michael Kuta as President and CEO

DMC Global Inc. board of directors announced the appointment of Michael Kuta as the company’s president, chief executive officer, and director with immediate effect. Kuta, the former interim co-CEO and chief financial officer, has been with the company since 2014. Prior to stepping up as the interim co-CEO alongside DMC director David Aldous in January…more