Member News: Company Personnel Changes and Acquisitions

NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s updates come from Lovejoy, Inc., Danfoss Power Solutions, and White Drive Products, Inc.


lovejoy
Earlier this month, Mathew W. Happach became the president of Lovejoy, Inc. This came after the announcement that The Timken Company, a company involved in bearings and mechanical power transmission, has acquired Lovejoy. Lovejoy’s CEO, Woodrow Haddix, is serving as the advisor to the president for the transition period. Happach brings extensive experience in OE and distribution sales, marketing, and planning and has held a number of leadership positions at Timken during his 29-year tenure with the company. Read the full release here.


Danfoss announced earlier this month its intent to acquire full ownership of White Drive Products, Inc. The acquisition will increase the company’s global footprint by combining Danfoss’s strong presence in Europe with White Drive Products’s presence in North America and China. The acquisition is expected to be fully completed during the third quarter 2016. Read the full release here.

Danfoss WHITE-DriveProducts-LOGO_RGB-300dpi
Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.

Recent Posts

This Holiday Season, We are Thankful for YOU

This holiday season, we are thankful for each of our members. All your staff at NFPA want to thank you for all of the efforts that you have put in to help grow the fluid power industry. We couldn’t fulfill our mission without your dedication and support. Enjoy this time off with your loved ones,…

Read More

Fluid Power Forum Episode 87: Water Resistant Hydraulics Delivers Power to Speed Boats

Doug is the Application Engineering Supervisor for HAWE North America, a manufacturer of hydraulic power units, pumps, valves and cylinders. HAWE will be showcasing their water resistant hydraulics that help deliver power to speed boats at IFPE – the International Fluid Power Exposition — and we invited Doug into our forum to learn more about…

Read More

Engaging Students through the Fluid Power Action Challenge

Fluid Power Action Challenge Grants

Read More