Visual rendering of the proposed fully-electric Toronto Island ferry.

Toronto will take ferry fleet all-electric

The fourth largest city in North America, Toronto, is moving ahead with a plan to replace its current, aging fleet of ferry vessels with fully electric vessels. The city’s largest park, Toronto

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Fairbanks Morse Defense continues its acquisition spree

Privately-owned Maxim Watermakers has become the latest company to be acquired by Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline). Shreveport, La., based Maxim Watermakers is