Stanley Black & Decker has announced that it has entered into a definitive agreement to sell its Excel Industries (“Excel”) business to Bad Boy Mowers. Excel, which is primarily made up of the professional-grade, gas-powered, ride-on and zero-turn mowers under the Hustler® brand, is expected to generate FY 2026 revenue of approximately $300 million. “The…
Tag Archive for business news
Is AI Actually Worth it For Businesses?
by themovieboards - Editor •
AI has been sold to Australian businesses as one of the fastest ways to lift productivity, but new research suggests the promise of time savings is not being felt equally across the workforce. National research of over 1,000 office workers commissioned by COS (Complete Office Supplies), Australia’s largest family-owned workplace supplies business, found 52% of…
The Clorox Company Acquires GOJO Industries
by themovieboards - Editor •
The Clorox Company has announced the completion of its previously announced acquisition of GOJO Industries, expanding Clorox’s product portfolio to include the Purell® brand and GOJO’s health and hygiene solutions. The combination brings together two companies with a shared commitment to making the world cleaner and healthier, leveraging complementary consumer brand-building expertise and B2B capabilities…
Hawaiian Airlines Unveils $600 Million Investment Plan
by themovieboards - Editor •
Hawaiian Airlines, a part of Alaska Airlines, has unveiled an investment plan of more than $600 million over five years to comprehensively enhance the experience for guests traveling to, from and within the islands by modernizing airport spaces, upgrading technology and retrofitting aircraft interiors, while expanding community and sustainability work across Hawai’i. Hawaiian Airlines’ Kahuʻewai…
Meridian Energy & Nova Energy Solar Farm Joint Venture
by themovieboards - Editor •
Meridian Energy Limited (Meridian) and Nova Energy Limited (Nova) have completed agreements to establish a 50-50 joint venture to build and operate the 400MW Te Rahui solar farm at Rangitāiki near Taupō. The joint venture has also secured $300 million in project financing through ANZ for the first 200MW phase of the project. Project offtake…