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EaglePicher Technologies to be acquired by Illinois corporation

A privately held Illinois company announced this week that it has reached an agreement to acquire EaglePicher Technologies, one of Joplin s oldest employers. ....

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Adams Middle students make All District Band

Floyd County Schools Superintendent Anna Shepherd announced recently that four students at Adams Middle School have been chosen to participate in All District Band. ....

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Alumnus helps business students prepare for professional world

Alumnus helps business students prepare for professional world
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Ingersoll Rand to Buy Tuthill Vacuum and Blower Systems in $184M Deal

Missouri-based Tuthill has about 160 employees and annual revenue of $60 million.
Dec 11th, 2020
DAVIDSON, NC Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire the assets of Tuthill Vacuum and Blower Systems. The all-cash transaction, valued at $184 million, is expected to close Q1 or earlier upon obtaining required regulatory approvals and necessary third-party consents.
“We are excited to welcome the Tuthill Vacuum and Blower Systems team to the Ingersoll Rand family. This transaction delivers on our commitment to significantly accelerate our growth plan and demonstrates our ability to seek out premium and iconic industrial brands with strong complementary technology and commercial growth opportunities,” remarked Vicente Reynal, chief executive officer of Ingersoll Rand. “Following our disciplined capital allocation strategy, we are paying a multiple largely in line with ....

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