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Business

Worksport Taps D.C. Powerhouse Potomac International to Drive Government, Defense Contracts for Its Solar Truck Tech

In a strategic move to secure a foothold in lucrative federal and defense markets, Worksport Ltd. has partnered with the bipartisan government relations firm Potomac International Partners. The alliance aims to position Worksport's portable solar and energy storage systems as critical infrastructure solutions for agencies ranging from the Department of Defense to disaster response teams.

Business

Kadant Acquires Longtime Supplier voestalpine BÖHLER Profil in €157M Strategic Move, Eyes Long-Term Gains Despite Near-Term Dilution

Industrial components maker Kadant Inc. (KAI) has finalized a €157 million deal to acquire Austrian precision parts manufacturer voestalpine BÖHLER Profil, a key supplier for over three decades. While the acquisition strengthens Kadant's consumables-focused strategy and secures critical patented technology, executives caution that accounting complexities and existing inventory will dilute earnings through much of 2026 before margin benefits materialize.