Hot Off the Press

---

Scholarships Aimed at Students Eyeing Automotive-Industry Careers

The Specialty Equipment Market Association (SEMA), Diamond Bar, CA, is accepting applications until March 29, 2013, for a series of academic scholarships available through its Memorial Scholarship Fund. Awards, which range from $2000 to $5000, are available for students preparing for careers in the automotive or automotive-parts industries and are based on academic achievements, work experience, community involvement, essay content and recommendations. SEMS also offers a loan-forgiveness award, available to recent graduates working for SEMA-member companies and paying off existing student loans. For details and applications for both award programs, visit www.sema.org/scholarships.

 

---

Wilson Tool Acquires Italian Maker of Press-brake Tooling

Wilson Tool Incl., White Bear Lake, MN, has acquired Toolspress, a manufacturer of press-brake tooling and clamping systems. Toolspress (www.toolspress.com/) operates out of a 5200-sq.m manufacturing facility in Parma, Italy, as well as a U.S. office in Greenwood, IN. More at www.wilsontool.com/.

 

---

Lincoln Electric Acquires Welding-Automation Systems Integrator

Tennessee Rand, Inc., Chattanooga, TN, a provider of robotic-welding systems and tooling, has been acquired by Lincoln Electric Holdings, Inc., Cleveland, OH. Tennessee Rand (www.tennrand.com/) has annual sales of $35 million. Learn more at www.lincolnelectric.com/.

---