STV
STV on March 16 announced the opening of its new office located in the Bank of America Plaza in Atlanta, Ga., “expanding its footprint in one of the nation’s fastest-growing infrastructure markets. The modern workspace, the company says, “enhances STV’s presence in the Southeast and strengthens the firm’s ability to deliver complex projects across the region.”
The new office supports a multidisciplinary team delivering transportation, transit, water, buildings and community infrastructure projects. Partnering with state and local agencies, transit authorities and municipal clients, the team focuses on “improving mobility, protecting water resources and promoting economic growth across metropolitan Atlanta and the broader Southeast,” STV noted.
“Opening this new office in Midtown Atlanta gives us a strategic base in one of the country’s most vibrant infrastructure markets,” said Chris Haney, PE, President of the Water Operating Group at STV. “By expanding our presence in Midtown, we’re able to deliver innovative, future-focused solutions for clients and communities across the rapidly growing region.”
Since 2024, the firm has opened or expanded offices in Dallas, Charlotte, Jacksonville, Raleigh, Virginia Beach, Lake Mary and New York City. These investments, STV says, “align with the firm’s strategic plan through flexible workspace environments, modern delivery tools and cross-disciplinary collaboration.”
Timken
The Timken Company, a global technology firm specializing in engineered bearings and industrial motion, announced March 18 that it has acquired the assets and related businesses of North Carolina-based Bijur Delimon International (BDI), a global designer and manufacturer of automated lubrication systems.
“The acquisition of Bijur Delimon aligns with our near-term strategic priority to accelerate growth in key market verticals,” said Timken President and CEO Lucian Boldea. “Timken has built a leading automated lubrication systems platform, that benefits from strong secular tailwinds, including a shortage of skilled labor and shifting demographics. BDI elevates our existing capabilities, deepens our presence in attractive market sectors and regions, and creates meaningful synergy opportunities that strengthen our ability to serve customers more completely as one Timken.”
Since entering the lubrication business in 2013, Timken has grown its position into a leading provider of industrial automated lubrication systems, which, the company says, “extend equipment life and lower total costs for machine owners.” BDI’s strong customer relationships in key market verticals like rail, power generation and mining “enhance and expand Timken’s established position in automated lubrication systems, creating a more comprehensive offering for these key industries.”
Founded in 1872, BDI operates manufacturing locations in the United States, Europe and Asia Pacific. The business is expected to generate more than $60 million in sales in 2026.
Timken funded the transaction with cash on hand and existing committed facilities. Other terms of the transaction were not disclosed.
