CONNECTION WINS 2 HP INC. AWARDS
Connection (NASDAQ: CNXN), an information technology solutions provider to business, government, health care and education markets, has been named HP U.S. Commercial Supplies Partner of the Year and HP U.S. Print Hardware NSP of the Year at the HP AMPLIFY Conference in Nashville, Tenn. HP’s Partner of the Year Awards recognize top-performing HP partners for exemplary achievements in growth and collaboration.
Tim McGrath, president and CEO of Connection said, “This achievement is made possible by a deep, longstanding partnership with HP, and our shared focus on collaboration and exceptional customer service. Thank you to the entire team at HP for their support and for this incredible honor. We will continue to build on this success by investing in our partnerships, listening to our customers’ needs, and finding innovative, new ways to solve today’s challenges with technology solutions and services that enable greater productivity, performance, and value.”
UNITIL TO PURCHASE MAINE NATURAL GAS COMPANY
Unitil Corporation (NYSE: UTL) announced earlier this month that it has entered into an agreement to acquire Maine Natural Gas Company from Avangrid Enterprises, Inc., for $86 million on a debt-free basis, subject to adjustment for closing working capital and transaction expenses.
Upon closing of the transaction, which is expected to occur by the end of this year, Maine Natural will become a wholly owned subsidiary of Unitil. The transaction is subject to approval by the Maine Public Utilities Commission.
Unitil obtained committed financing from Scotiabank to fund the purchase price, and is being advised in this transaction by Scotiabank and by the law firm of Dentons.
Started in 1999, Maine Natural Gas services approximately 6,300 residential and commercial natural gas customers in the Greater Portland region of Maine, as well as Augusta, Maine. Its gas system includes approximately 230 miles of distribution mains, and is estimated to have approximately $69 million of rate base as of December 31, 2024. Customer growth over the most recent five-year period averaged 4.4% annually.
ALBANY INTERNATIONAL PROFILED FOR WORLD ENGINEERING DAY 2025
Rochester-based Albany International Corp. (NYSE: AIN) — a developer and manufacturer of engineered components — was chosen as one of 80 companies profiled for the World Engineering Day 2025 campaign. World Engineering Day for Sustainable Development (WED) 2025 was launched at UNESCO’s Paris headquarters on March 4, 2025, marking the start of a year-long campaign of events, films and related articles and news.
An official International Day as proclaimed by UNESCO, WED is jointly operated by UNESCO and the World Federation of Engineering Organizations (WFEO). This year’s theme is “Shaping our sustainable future through engineering,” highlighting the essential role that engineers and engineering have in achieving the U.N.’s 17 sustainable development goals (SDGs).
“We are honored to be selected as an official partner for World Engineering Day 2025,” says Gunnar Kleveland, president and CEO of Albany International. “At Albany International, innovation and sustainability are core values, so this campaign is perfectly aligned with our mission, and we are proud to be able to showcase how our engineers around the world support our customers in the transition to a more sustainable economy.”
To view Albany International’s WED content, visit worldengineeringday.net/partner-stories/albany-international.
