Industry Pulse: Recent Acquisitions From Signicast, Colson Group, Hillenbrand, Hall Technologies, and Harbor Logistics
Welcome back to our regular look at who's buying who in the manufacturing equipment world. We've rounded up the latest deals that matter to your business—from major industry shakeups to smaller strategic moves.
Keeping tabs on these acquisitions helps you stay ahead of the curve—whether you're wondering about future product lines, service changes, or where prices might be heading. So grab your coffee and let's dive into the latest manufacturing acquisitions and what they mean for your equipment decisions.
Signicast Acquires FS Precision to Add Titanium Casting and Expand Aerospace, Defense Offerings
Type: Acquisition
Major Players: Signicast, FS Precision
Signicast, a Form Technologies company specializing in precision investment casting, has acquired FS Precision to add titanium casting capabilities and strengthen its presence in the aerospace and defense sectors. The acquisition includes FS Precision’s intellectual property and specialized equipment, now upgraded and integrated into Signicast’s Hutchins, Texas facility.
The move enables Signicast to offer expanded services in vacuum alloy manufacturing, advanced machining, and sub-assembly—meeting growing demand for high-performance components in critical applications. Production is already underway at the Texas facility, with plans for further capacity expansion to support aerospace, defense, and advanced manufacturing customers.
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Colson Group Acquires ESCO Plastics to Boost U.S. Urethane Manufacturing
Type: Acquisition
Major Players: Colson Group, ESCO Plastics
Colson Group, a leading global manufacturer of casters and wheels, has acquired ESCO Plastics, a Houston-based maker of custom-molded polyurethane parts for mission-critical applications. The acquisition aligns with Colson's strategy to expand U.S.-based manufacturing, improve logistics, and strengthen domestic service coverage.
With ESCO's advanced urethane expertise, Colson plans to accelerate innovation and broaden its heavy-duty, ergonomic, and custom caster and wheel solutions. The move further enhances Colson's North American manufacturing footprint and demonstrates its commitment to engineering leadership and faster production lead times for customers.
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Hillenbrand Sells Minority Stake in TerraSource Holdings to Astec Industries
Type: Divestiture
Major Players: Hillenbrand, Inc.; TerraSource Holdings; Astec Industries
Hillenbrand, Inc. has completed the sale of its minority stake in TerraSource Holdings to Astec Industries in a transaction valued at approximately $245 million. The move was made in conjunction with Hillenbrand's majority-stake joint venture partner.
Hillenbrand received around $115 million from the sale, which the company says will be used to pay down debt as it continues to focus on its core portfolio of highly engineered processing equipment and solutions for global industrial markets.
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Harbor Logistics, A&R Bulk-Pak Merge to Expand Logistics Services in Southeast U.S.
Type: Merger/Strategic Combination
Major Players: Harbor Logistics, A&R Bulk-Pak, NOVA Infrastructure
Harbor Logistics and A&R Bulk-Pak, both portfolio companies of NOVA Infrastructure, have combined their operations to offer expanded, end-to-end logistics solutions—including warehousing, transportation, transloading, packaging, and brokerage services—across the Southeast U.S. The merged entity operates under the Harbor Logistics brand with more than 300 employees and over 1 million square feet of warehouse space near the Port of Charleston.
This strategic combination leverages Harbor's transportation and warehousing expertise with A&R Bulk-Pak’s packaging and bulk handling capabilities to provide seamless supply chain solutions to importers, exporters, and manufacturers. The new leadership team, led by CEO Kevin Shuba and CFO Jason Starnes, aims to grow the company's geographic footprint and capabilities while driving innovation in sustainability, safety, and digital supply chain management.
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