Integrated Power acquires Southland Electrical Group

Integrated Power Services (IPS), in its journey to expand its service capabilities, coverage and distribution, has acquired electrical equipment and service provider and power management firm Southland Electrical Group. No financial details were released for the transaction. Southland Group comprises seven discrete businesses: Southland Electrical Supply, Mid-South Electrical Supply, Industrial Panel Company, Southland Automation, South East Switchgear, Southland Electrical Rentals,…

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Highest-grade rare earth deposit uncovered in Montana

Salt Lake City-based private rare earth developer U.S. Critical Materials has revealed it has discovered a billion-dollar “game-changer” for the industry in Montana: the highest-grade REE deposit in the United States. The company said Sheep Creek, as it has been named, has had its levels confirmed by analyses from independent Canadian-based Activation Labs. “U.S. Critical Materials has nearly 9% TREO…

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