Connect with us

Technology

TransTech Group Acquires Koch Heat Transfer (KHT)

Published

on

REBRANDED AS METALFORMS HEAT TRANSFER

HOUSTON, Sept. 16, 2024 /PRNewswire/ — TransTech Group, a leading portfolio company of Bridge Industries (Bridge), is pleased to announce the acquisition of the North American business of Koch Heat Transfer (KHT), a global leader in the design and manufacture of heat transfer equipment and technologies, by its subsidiary Metalforms. The acquisition marks a significant milestone for both companies and is set to redefine the landscape of heat transfer solutions in the energy and industrial sectors.

Metalforms, a long-time partner of KHT, will continue to manufacture KHT brand’s North American products under the new brand Metalforms Heat Transfer. Production will occur at Metalforms’ Beaumont, Texas facility, where the bulk of KHT’s domestic replacement bundles and heat exchangers were previously produced.  Based in Beaumont and Houston, Texas, Metalforms will leverage the combined strengths of its existing capabilities and assets together with KHT’s renowned brands— BROWN FINTUBE®, TWISTED TUBE®, LOK-FLANGE®, ALCO PRODUCTS®, BAS-TEX, and BOS-HATTEN™—to deliver world-class heat transfer solutions to North American customers.

“We’re excited to welcome Koch Heat Transfer into the TransTech family—and extend a warm welcome to our newest team members and customers,” said Greg Ezzell, President and Chief Growth Officer of TransTech, “This acquisition dramatically transforms our ability to deliver comprehensive heat transfer solutions to our customers, including new, cutting-edge technologies. We’re eager to expand on Koch’s commitment to ESG technologies that improve efficiency, generate significant energy savings, and lower production costs to help our customers meet their ESG goals and boost their profitability”

As an established fabrication partner to KHT with deep understanding of KHT’s products and technologies, Metalforms is uniquely positioned to build on KHT’s strengths, while significantly expanding its capabilities and geographical footprint.

“With our well-established working relationships and retention of Koch Heat Transfer’s highly skilled engineers and fabricators, we’ll be able to ensure ultimate continuity in quality and service” added Clint Martin, Director of Commercial Operations at Metalforms, “Metalforms’ 24-7 delivery model together with KHT’s leading technology and capabilities position the company to lead the industry in innovation, quality, service—and speed.”

“Building on our existing partnership allows us to maintain our commitment to delivering the highest-quality, innovative products, while enhancing our capabilities—and responsiveness,” said Shally Rudra, Sales Director, Metalforms Heat Transfer, and former KHT executive.

“The collaboration will continue advancement of KHT’s technology leadership while leveraging TransTech’s extensive resources to expand its manufacturing capabilities and market share”, said Jeff Berlin, Chairman & CEO, TransTech and President & CEO Bridge Industries. “The acquisition underscores TransTech’s commitment to growth and its vision of providing industry-leading heat transfer solutions.”

About TransTech Group

TransTech Group delivers best-in-class custom-engineered and fabricated products to nationally recognized standards including ASME, API, TEMA, specialized EPC and plant maintenance services, and a broad array of engineered solutions—serving every point across the plant lifecycle. TransTech primarily serves energy and process manufacturing industries—particularly those involved in oil and gas production and processing, refining, petrochemical, renewables, specialty chemical, and other sectors. The Group also delivers specialized solutions and services for the energy infrastructure sector which shares similar technical and operational challenges to the process industries.

About Metalforms

Metalforms specializes in the delivery of custom-engineered and fabricated shell & tube heat exchangers, ASME pressure vessels, process piping and other equipment, serving customers in midstream oil & gas, refining, petrochemical, specialty chemical, and other sectors. The company also delivers an array of related services including engineering, fabrication, test, repair, maintenance, re-rating, modification. With 24-7 emergency repair and parallel track, multi-project execution capabilities, Metalforms has the capacity and capabilities to serve routine and emergency project needs with unmatched speed.

About Bridge Industries

Bridge Industries is a private holding company focused on acquiring and building companies within the industrial, manufacturing, and energy sectors. The firm collaborates with management teams to drive growth and operational excellence, creating long-term value for all stakeholders. Bridge Industries’ strategic approach emphasizes hands-on operational involvement and the integration of complementary businesses to maximize value.

Media Contact:

Dave Mariano 
Vice President of Corporate Development
440-893-9070
dmariano@transtechgroup.com
www.transtechgroup.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/transtech-group-acquires-koch-heat-transfer-kht-302249794.html

SOURCE TransTech Group

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Amber International Holding Limited Files 2025 Annual Report on Form 20-F

Published

on

By

SINGAPORE, May 13, 2026 /PRNewswire/ — Amber International Holding Limited (Nasdaq: AMBR) (“Amber International”,  “we,” “us,” or the “Company”), a leading provider of institutional crypto financial services and solutions and operating under the brand name “Amber Premium”, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”) on May 13, 2026 U.S. Eastern Time.

The Company’s annual report on Form 20-F, which contains its audited consolidated financial statements, can be accessed on the SEC’s website at www.sec.gov as well as on the Company’s investor relations website at www.ir.ambr.io. The Company will provide a hard copy of its annual report, which contains its audited consolidated financial statements, free of charge to its shareholders and holders of American depositary shares representing its Class A ordinary shares upon request. Requests should be directed to ir@ambr.io.

About Amber International Holding Limited

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” is a global leading digital wealth management platform. As a private banking grade expert in digital wealth management and a subsidiary of Amber Group, Amber Premium is a trusted partner to high-net-worth individuals and leading institutions, delivering institutional-grade market access, execution infrastructure, and investment solutions. The firm is set to redefine the digital wealth management landscape, serving as a proven Nasdaq-listed gateway to digital assets. Learn more at www.ambr.io.

Media & Investor Contacts

In Asia:
Amber International Holding Limited
Media Relations Team
Phone: +65 6022 0228
E-mail: pr@ambr.io | ir@ambr.io

In the United States:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
E-mail: amber@iecapitalusa.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/amber-international-holding-limited-files-2025-annual-report-on-form-20-f-302771559.html

SOURCE Amber International Holding Limited

Continue Reading

Technology

Strengthening Calgary’s workforce to deliver more homes

Published

on

By

CALGARY, AB, May 13, 2026 /CNW/ – In Budget 2025, we outlined our plan to build Canada Strong.

The Spring Economic Update 2026 is the next step in our plan to build Canada Strong for All.
It provides a clear update on the strength of Canada’s economy, giving Canadians confidence in our plan. It delivers targeted relief to make life more affordable, support workers and accelerate the construction of homes and major infrastructure. It also strengthens Canada’s competitiveness and economic growth while investing in strong, safe communities across the country.

Today, Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation, hosted a roundtable with local community housing partners to highlight housing measures from the Spring Economic Update 2026 that will help build more homes in Calgary by growing the skilled workforce, speeding up construction and supporting modern methods of construction.

The Spring Economic Update takes a practical, co-ordinated approach to housing, bringing together workforce investments and targeted measures to help projects move faster from planning to construction.

A cornerstone of this approach is $6 billion to recruit, train and hire skilled trades workers across Canada. These investments ensure communities have the electricians, carpenters, welders and construction workers needed to build homes for Canadians. This creates good-paying jobs and careers in the skilled trades as we push to build with more Canadian labour and materials.

We’re pairing workforce investments with targeted measures to move projects faster from financing to construction. The Spring Economic Update accelerates more than $7 billion in low-cost loans through the Apartment Construction Loan Program, supporting the construction of up to 16,500 new rental homes and helping bring much–needed supply to market sooner.

These efforts are reinforced by a $41.9-million investment over five years, starting in 2026–2027, to modernize and innovate Canada’s homebuilding system. This funding will streamline regulations and update National Model Codes in collaboration with provinces and territories — cutting red tape and eliminating duplicate inspections, as well as streamlining modular and factory–built housing. Together, in Alberta and across Canada, these measures also create the opportunity to build with materials that help grow our economy and support local jobs, like Canadian lumber, aluminum and steel.

Our new government is building a Canada that is not just strong, but good; not just prosperous, but fair; a Canada that is not just for some, most of the time, but for all, at all times. We’re building Canada strong, for all.

Quotes

“Solving Canada’s housing challenge means building faster — and that starts with up-skilling our workforce to deliver affordable new homes in Alberta and beyond. Through the Spring Economic Update, our government is investing so homes can move from planning to construction faster. Here in Calgary, these investments will help create good-paying jobs, strengthen our local economy and deliver the homes families need now and in the future.”

Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation

Quick Facts

The Spring Economic Update 2026 builds on recent action — including $1.7 billion through the Improving Housing Supply Act — to cut red tape, lower costs and speed up homebuilding.$41.9 million over five years (starting 2026–2027) will modernize homebuilding by streamlining regulations and National Model Codes; enabling faster approvals for modular and factory–built housing; accelerating adoption of innovative construction methods; and improving housing data to support faster delivery.The government intends to unlock financing for “missing middle” housing by expanding mortgage insurance for three– to eight–unit residential buildings, with a 30–day consultation to follow.Team Canada Strong will invest up to $6 billion over five years to grow the skilled trades workforce — supporting apprentices end–to–end and cutting the time to Red Seal certification by up to 50 percent.Working alongside a comprehensive suite of federal housing measures, Build Canada Homes is providing tailored support to quickly address varying housing needs across the country.

Associated Links

Spring Economic Update 2026: Canada Strong for AllSpring Economic Update 2026: Key MeasuresSpring Economic Update 2026: Address by the Minister of Finance and National Revenue

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

Continue Reading

Technology

Ownwell and San Antonio Spurs Honor 2025-26 Community Champions and Expand Property Tax Education Across Bexar County

Published

on

By

Eight local heroes recognized at Frost Bank Center during a landmark Spurs season, as Ownwell deepens its commitment to San Antonio homeowners

SAN ANTONIO, May 13, 2026 /PRNewswire/ — As the San Antonio Spurs close out a strong season, finishing the 2025-26 regular season 62-20, capturing their first division title since 2017, and now competing in the NBA Playoffs, Ownwell is proud to announce the return of its Community Champions program for a second consecutive year in partnership with Spurs Sports & Entertainment.

This season, Ownwell and the Spurs honored eight extraordinary San Antonio residents whose dedication to their community exemplifies the same spirit of resilience and service the Silver and Black have always embodied. Community Champion Honorees were celebrated on the Frost Bank Center court during halftime at various Spurs home games, and each honoree received $1,000 toward their property tax bill, courtesy of Ownwell.

Meet the 2025-26 Ownwell Community Champions
This year’s honorees represent the full breadth of what it means to serve San Antonio, from first responders and educators to caregivers and coaches who refused to let their community down:

Christopher S. – A first responder with the Bexar County Sheriff’s Office, entering his fifth year of service, Christopher puts his life on the line daily to protect Bexar County residents.

Sabrina R. – A 911 operator for the City of San Antonio Police Department with nearly nine years of service, Sabrina is the calm voice in a crisis. She and her family also quietly feed the unhoused — modeling for her children the power of giving back.

Amanda G. – When a young teammate on her daughter’s basketball team tragically passed away, Amanda stepped up to coach five grieving girls, ages 7-9, through the remainder of the season. The team advanced all the way to the Spurs Youth Basketball League citywide championship, earning second place. A true testament to Amanda’s heart, leadership, and resilience.

Krystal A. – A hospice worker of extraordinary compassion, Krystal has walked alongside patients and their families during life’s most difficult transitions, earning the deep gratitude of those she serves.

Margaret B. – An educator at Brackenridge High School for over 13 years, Margaret provides high-quality art instruction in 3-D Design, sculpture, and ceramics. She also hosts a weekly art club and runs an annual art showcase that opens her classroom to the entire community.

Raymond G. – A Parks Operations Supervisor for the City of San Antonio, Raymond works behind the scenes to ensure that every park in the city is clean, safe, and welcoming for the families who depend on those spaces every day.

Heather G. – She dedicated the past year to caring for her brother as he battled stage 4 glioblastoma, supported their family through unimaginable hardship, and now continues to raise awareness for the disease in his memory following his passing in September 2025. Heather’s love and sacrifice reflect the quiet heroism that sustains entire families.

Pauline B. – A hospice worker of extraordinary compassion, Pauline has walked alongside patients and their families during life’s most difficult transitions, earning the deep gratitude of those she serves. Her story of service inspired a special additional honor from Ownwell this year (see below).

Partnership Rooted in Community Service
“The success of this partnership reflects a clear purpose to educate and empower local homeowners while recognizing the leaders who make our community stronger,” said Frank Miceli, chief commercial officer for Spurs Sports & Entertainment. “When we align around a shared mission like this, the results extend far beyond business—they’re felt in every neighborhood across San Antonio.”

The Spurs’ remarkable 2025-26 season, which included the franchise’s best-ever start at 5-0, an 11-game winning streak in February, and a Southwest Division championship, provided the perfect backdrop for a program built on recognizing extraordinary effort With this strong showing, the Spurs energy this season has been a rising tide lifting the entire city.

Closing the Property Tax Knowledge Gap in Bexar County
Alongside the Community Champions program, Ownwell continued to host free property tax education events across San Antonio throughout the 2025-26 season. These Lunch & Learn sessions empowered homeowners to understand how property appraisals work, when and how to file an appeal, and which exemptions may be available to them.

The need is significant. In 2025, more than 490,000 Bexar County homeowners did not protest their property tax assessments, a missed opportunity that Ownwell estimates could have collectively saved those residents more than $126.5 million. To date, Ownwell has helped reduce tax bills for more than 38,000 Bexar County properties, generating over $12 million in savings for local homeowners.

“Every homeowner in Texas deserves a fair shot at lowering their property tax bill,” said Sam Sosa, Senior Property Tax Manager at Ownwell. “Through these events and programs, we’ve helped thousands of families understand their rights and navigate the system with confidence. The Community Champions remind us why this work matters — these are real people, real neighbors, and real stories.”

What Homeowners Should Know
With the May 15th appeal deadline fast approaching, Ownwell encourages Texas homeowners to take action. Here are three key reminders:

Learn the process. Understanding your rights and how the property tax system works is the first step to saving money.Track your property value. Keep an eye on your annual appraisal and tax bill to spot unexpected changes. A lower assessment doesn’t mean it’s accurate.Get support. Whether it’s through Ownwell, your local appraisal district, or a legal professional, don’t hesitate to ask for help if your property valuation seems too high.

To learn more or get started with your own property tax appeal, visit www.Ownwell.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ownwell-and-san-antonio-spurs-honor-2025-26-community-champions-and-expand-property-tax-education-across-bexar-county-302771581.html

SOURCE Ownwell

Continue Reading

Trending