Woodward, Inc., whose headquarters are in Fort Collins, announced it's making an $859 million purchase.  It's buying Germany's L'Orange GmbH.  That company manufactures fuel injection systems for industrial diesel engines.  Woodward makes fuel system and other engine components for industrial engines (mainly ones for aircraft,) so given the two parties were willing, it seems like an obvious move.

After this, Woodward will be renamed Woodward L'Orange.

In February of this year, Woodward moved 350 jobs from California to Fort Collins.