CVD Equipment Corporation has sold its Stainless Design Concepts (SDC) business division for approximately $16.9 million in cash, with net proceeds of about $15.0 million after transaction costs and a $900,000 escrow. The company will retain ownership of its Saugerties, New York manufacturing facility and lease it to the buyer for an initial two-year term.
Daily Archives: April 3, 2026
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LANXESS has extended Frederique van Baarle’s contract as a member of the Board of Management, effective April 1, 2026, through 2031; van Baarle is based in Pittsburgh and holds regional and global functional responsibilities. Her portfolio includes oversight of Lubricant Additives, Polymer Additives and the Rhein Chemie business, and may be relevant to corporate governance, regulatory compliance, supply chain and IP considerations for chemistry and Polymers businesses active in the Americas and globally.