{"success":true,"data":{"pressRelease":{"id":"168782","rtpr_id":"nGNE84ZFJD-20261014","ticker":"TWIN","exchange":"NASDAQ","all_tickers":["TWIN"],"title":"Twin Disc Subsidiary Katsa Invests in New Assembly Plant to Meet Rising Global Demand","author":"Globe Newswire","published_at":"2026-10-14T12:00:00.582Z","article_body":"TAMPERE, Finland, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:\nTWIN)  subsidiary Katsa today announced that it is expanding its capacity\nwith a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala,\nFinland in response to a double-digit percentage year-over-year increase in\ndemand.\n\nThe new plant, expected to be fully operational by May 2027, brings together\ngearbox assembly, testing and painting under one roof. The unified design will\nstreamline operations by reducing material handling steps and maximizing\nproduction flow. In addition, a dedicated warehouse will support efficient\ninbound and outbound logistics for components from suppliers and from\nKatsa’s nearby Tampere manufacturing plant and provide on-site storage.\n\n“This investment gives us the space and production capability to meet our\ncustomers’ current needs and positions Katsa for future growth,” said Tomi\nKoskinen, Managing Director, European Manufacturing Operations, Twin Disc.\n“By 2028, we expect to double our gearbox assembly capacity, and plans are\nalready underway for a phase two expansion.”\n\nKatsa’s growth is driven by demand from multiple industries, including\ndefense, industrial power generation and heavy equipment. While Katsa does not\nsupply gearboxes directly to data centers, it provides components to major\nengine manufacturers who design and install backup power systems for these\nfacilities.\n\nThe company is currently adding 40 employees at its manufacturing operations\nand its two existing assembly locations in Tampere and will transition 25\nexperienced workers to the new facility in Pirkkala. By June 2027, Katsa\nexpects to have a total workforce of approximately 250 employees.\n\nThe site will feature a new 20-ton overhead crane—doubling the lifting\ncapacity of Katsa's current assembly operation—and will enable the company\nto assemble and test larger industrial gearboxes. The facility will also\ninclude a renewable energy heating and cooling system. Ten geothermal wells,\neach about 1,150 feet deep, will provide approximately 98% of the building’s\nheating and cooling needs.\n\nConstruction recently reached a major milestone with the completion of the\nbuilding's roof. To celebrate, Katsa hosted a traditional Finnish harjakaiset\n(topping off) ceremony last week.\n\n“For the past 10 years, Katsa has been in a growth mode,” said Koskinen.\n“This new facility will increase our gearbox assembly and painting\nproductivity and allow us to continue our upward trajectory.”\n\nAbout Katsa\n\nKatsa is a Finland-based designer and manufacturer of gearboxes and power\ntransmission components for industrial and defense applications. The company\nspecializes in customized solutions tailored to unique customer requirements\nand offers a comprehensive range of aftermarket services, including modeling,\nmodernization, gearbox repair, maintenance and spare parts support. For more\ninformation, visit www.katsa.fi/en/.\n\nAbout Twin Disc\n\nTwin Disc, Inc. designs, manufactures, and sells marine and heavy-duty\noff-highway power transmission equipment. Products offered include: marine\ntransmissions, azimuth drives, surface drives, propellers, and boat management\nsystems, as well as power-shift transmissions, hydraulic torque converters,\npower take-offs, industrial clutches, control systems, and braking systems.\nThe Company sells its products to customers primarily in the pleasure craft,\ncommercial and military marine markets, as well as in the energy and natural\nresources, government, military and industrial markets. The Company’s\nworldwide sales to both domestic and foreign customers are transacted through\na direct sales force and a distributor network. For more information, please\nvisit www.twindisc.com.\n\nForward-Looking Statements\n\nThis press release may contain statements that are forward looking as defined\nby the Securities and Exchange Commission in its rules, regulations, and\nreleases. The words “anticipates,” “believes,” “intends,”\n“estimates,” and “expects,” or similar anticipatory expressions,\nusually identify forward-looking statements. The Company intends that such\nforward-looking statements qualify for the safe harbors from liability\nestablished by the Private Securities Litigation Reform Act of 1995. All\nforward-looking statements are based on current expectations and are subject\nto certain risks and uncertainties that could cause actual results or outcomes\nto differ materially from current expectations. Such risks and uncertainties\ninclude the impact of general economic conditions and the cyclical nature of\nmany of the Company’s product markets; foreign currency risks and other\nrisks associated with the Company’s international sales and operations; the\nability of the Company to successfully implement price increases to offset\nincreasing commodity costs; the ability of the Company to generate sufficient\ncash to pay its indebtedness as it becomes due; and the possibility of\nunforeseen tax consequences and the impact of tax reform in the U.S. or other\njurisdictions. These and other risks are described under the caption “Risk\nFactors” in Item 1A of the Company’s most recent Form 10-K filed with the\nSecurities and Exchange Commission, as supplemented in subsequent periodic\nreports filed with the Securities and Exchange Commission. Accordingly, the\nmaking of such statements should not be regarded as a representation by the\nCompany or any other person that the results expressed therein will be\nachieved. The Company assumes no obligation, and disclaims any obligation, to\npublicly update or revise any forward-looking statements to reflect subsequent\nevents, new information, or otherwise.\n\nMedia Contact:\nJeffrey Knutson, Knutson.jeffrey@twindisc.com\nInvestors:\nIMS Investor Relations\ntwindisc@imsinvestorrelations.com \n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e87b421e-c364-42e2-9da6-40c7bd84237e","article_body_html":"","raw_payload":{"data":{"id":"nGNE84ZFJD-20261014","title":"Twin Disc Subsidiary Katsa Invests in New Assembly Plant to Meet Rising Global Demand","author":"Globe Newswire","ticker":"TWIN","created":"2026-10-14T12:00:00.582Z","tickers":["TWIN"],"exchange":"NASDAQ","article_body":"TAMPERE, Finland, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:\nTWIN)  subsidiary Katsa today announced that it is expanding its capacity\nwith a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala,\nFinland in response to a double-digit percentage year-over-year increase in\ndemand.\n\nThe new plant, expected to be fully operational by May 2027, brings together\ngearbox assembly, testing and painting under one roof. The unified design will\nstreamline operations by reducing material handling steps and maximizing\nproduction flow. In addition, a dedicated warehouse will support efficient\ninbound and outbound logistics for components from suppliers and from\nKatsa’s nearby Tampere manufacturing plant and provide on-site storage.\n\n“This investment gives us the space and production capability to meet our\ncustomers’ current needs and positions Katsa for future growth,” said Tomi\nKoskinen, Managing Director, European Manufacturing Operations, Twin Disc.\n“By 2028, we expect to double our gearbox assembly capacity, and plans are\nalready underway for a phase two expansion.”\n\nKatsa’s growth is driven by demand from multiple industries, including\ndefense, industrial power generation and heavy equipment. While Katsa does not\nsupply gearboxes directly to data centers, it provides components to major\nengine manufacturers who design and install backup power systems for these\nfacilities.\n\nThe company is currently adding 40 employees at its manufacturing operations\nand its two existing assembly locations in Tampere and will transition 25\nexperienced workers to the new facility in Pirkkala. By June 2027, Katsa\nexpects to have a total workforce of approximately 250 employees.\n\nThe site will feature a new 20-ton overhead crane—doubling the lifting\ncapacity of Katsa's current assembly operation—and will enable the company\nto assemble and test larger industrial gearboxes. The facility will also\ninclude a renewable energy heating and cooling system. Ten geothermal wells,\neach about 1,150 feet deep, will provide approximately 98% of the building’s\nheating and cooling needs.\n\nConstruction recently reached a major milestone with the completion of the\nbuilding's roof. To celebrate, Katsa hosted a traditional Finnish harjakaiset\n(topping off) ceremony last week.\n\n“For the past 10 years, Katsa has been in a growth mode,” said Koskinen.\n“This new facility will increase our gearbox assembly and painting\nproductivity and allow us to continue our upward trajectory.”\n\nAbout Katsa\n\nKatsa is a Finland-based designer and manufacturer of gearboxes and power\ntransmission components for industrial and defense applications. The company\nspecializes in customized solutions tailored to unique customer requirements\nand offers a comprehensive range of aftermarket services, including modeling,\nmodernization, gearbox repair, maintenance and spare parts support. For more\ninformation, visit www.katsa.fi/en/.\n\nAbout Twin Disc\n\nTwin Disc, Inc. designs, manufactures, and sells marine and heavy-duty\noff-highway power transmission equipment. Products offered include: marine\ntransmissions, azimuth drives, surface drives, propellers, and boat management\nsystems, as well as power-shift transmissions, hydraulic torque converters,\npower take-offs, industrial clutches, control systems, and braking systems.\nThe Company sells its products to customers primarily in the pleasure craft,\ncommercial and military marine markets, as well as in the energy and natural\nresources, government, military and industrial markets. The Company’s\nworldwide sales to both domestic and foreign customers are transacted through\na direct sales force and a distributor network. For more information, please\nvisit www.twindisc.com.\n\nForward-Looking Statements\n\nThis press release may contain statements that are forward looking as defined\nby the Securities and Exchange Commission in its rules, regulations, and\nreleases. The words “anticipates,” “believes,” “intends,”\n“estimates,” and “expects,” or similar anticipatory expressions,\nusually identify forward-looking statements. The Company intends that such\nforward-looking statements qualify for the safe harbors from liability\nestablished by the Private Securities Litigation Reform Act of 1995. All\nforward-looking statements are based on current expectations and are subject\nto certain risks and uncertainties that could cause actual results or outcomes\nto differ materially from current expectations. Such risks and uncertainties\ninclude the impact of general economic conditions and the cyclical nature of\nmany of the Company’s product markets; foreign currency risks and other\nrisks associated with the Company’s international sales and operations; the\nability of the Company to successfully implement price increases to offset\nincreasing commodity costs; the ability of the Company to generate sufficient\ncash to pay its indebtedness as it becomes due; and the possibility of\nunforeseen tax consequences and the impact of tax reform in the U.S. or other\njurisdictions. These and other risks are described under the caption “Risk\nFactors” in Item 1A of the Company’s most recent Form 10-K filed with the\nSecurities and Exchange Commission, as supplemented in subsequent periodic\nreports filed with the Securities and Exchange Commission. Accordingly, the\nmaking of such statements should not be regarded as a representation by the\nCompany or any other person that the results expressed therein will be\nachieved. The Company assumes no obligation, and disclaims any obligation, to\npublicly update or revise any forward-looking statements to reflect subsequent\nevents, new information, or otherwise.\n\nMedia Contact:\nJeffrey Knutson, Knutson.jeffrey@twindisc.com\nInvestors:\nIMS Investor Relations\ntwindisc@imsinvestorrelations.com \n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e87b421e-c364-42e2-9da6-40c7bd84237e"},"type":"article","timestamp":"2026-10-14T12:00:00.78480194Z","server_sent_at_ms":1791979200784},"received_at":"2026-10-14T12:00:00.835Z","source_url":null},"analysis":{"id":"157035","press_release_id":"168782","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"Twin Disc's Finnish subsidiary Katsa is building a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala, Finland, in response to double-digit percentage year-over-year demand growth.\n\nThe plant, fully operational by May 2027, consolidates assembly, testing, and painting; Katsa expects to double gearbox assembly capacity by 2028 and is planning a phase two expansion.\n\nGrowth is driven by defense, industrial power generation, and heavy-equipment demand, including indirect data-center exposure via backup power engine manufacturers. Headcount is targeted at roughly 250 employees by June 2027.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Capacity expansion signals demand strength in defense and industrial gearboxes but carries no near-term financial disclosure."},"keyFigures":{"customDimensions":{"new_hires":40,"capacity_goal":"double gearbox assembly capacity by 2028","crane_capacity":"20-ton overhead crane","operational_date":"May 2027","target_workforce":250,"facility_size_sqft":54000,"geothermal_coverage":"approximately 98% of building heating and cooling","transferred_workers":25}},"quotedText":"By 2028, we expect to double our gearbox assembly capacity, and plans are already underway for a phase two expansion.","namedEntities":{"people":[{"name":"Tomi Koskinen","role":"Managing Director, European Manufacturing Operations, Twin Disc"}],"products":["gearboxes","power transmission components"],"companies":[{"name":"Twin Disc, Inc.","ticker":"TWIN","relationship":"parent filer"},{"name":"Katsa","relationship":"subsidiary"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Capacity-expansion investment by subsidiary Katsa in response to double-digit demand growth; positive operational signal but no financial figures or near-term revenue impact disclosed."},"tickerRelevance":{"others":[],"primary":"TWIN"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","demandSignal":"double-digit YoY growth at subsidiary","eventGravity":"capacity-expansion","householdBrandBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Twin Disc's Finnish subsidiary Katsa is building a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala, Finland, in response to double-digit percentage year-over-year demand growth.\n\nThe plant, fully operational by May 2027, consolidates assembly, testing, and painting; Katsa expects to double gearbox assembly capacity by 2028 and is planning a phase two expansion.\n\nGrowth is driven by defense, industrial power generation, and heavy-equipment demand, including indirect data-center exposure via backup power engine manufacturers. Headcount is targeted at roughly 250 employees by June 2027.","key_figures":{"customDimensions":{"new_hires":40,"capacity_goal":"double gearbox assembly capacity by 2028","crane_capacity":"20-ton overhead crane","operational_date":"May 2027","target_workforce":250,"facility_size_sqft":54000,"geothermal_coverage":"approximately 98% of building heating and cooling","transferred_workers":25}},"named_entities":{"people":[{"name":"Tomi Koskinen","role":"Managing Director, European Manufacturing Operations, Twin Disc"}],"products":["gearboxes","power transmission components"],"companies":[{"name":"Twin Disc, Inc.","ticker":"TWIN","relationship":"parent filer"},{"name":"Katsa","relationship":"subsidiary"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T12:00:05.530Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","demandSignal":"double-digit YoY growth at subsidiary","eventGravity":"capacity-expansion","householdBrandBoost":0}},"durationMs":4682,"modelName":"glm-5.3-flashx"}}