SARASOTA, Fla.--(BUSINESS WIRE)--Oct 7, 2025--
Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announces its operating company Faster S.r.l. has introduced the New MultiFaster, the next generation of its most renowned trademark product. Building on the legacy of the original MultiFaster, the latest evolution combines proven technology with enhanced performance, durability, and operator convenience to meet the growing demands of new end markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251007476935/en/
With a maximum working pressure of 350 bar (5,000 PSI), an increase of up to 40% over the first-generation platform and with its distinctive black coating and dedicated labeling, the New MultiFaster ensures superior reliability for construction, earthmoving, mining, railway, material handling, utility, and industrial machinery. In addition, every current MultiFaster model can be easily upgraded to the New MultiFaster specifications to meet any market requirement.
"The launch of the New MultiFaster is yet another testament to our team's relentless commitment to innovation and excellence. By continuously pushing the boundaries of performance, safety and reliability, we reaffirm our leadership in hydraulic solutions and our promise to deliver value to our expanding customer applications worldwide," commented Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios.
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The New MultiFaster is ideal for construction machinery, earthmoving, mining and drilling equipment, railway operations, material handling, utility machines, industrial systems and any other high pressure system application that requires ruggedized equipment. Faster is committed to delivering innovative hydraulic solutions that combine safety, efficiency, and reliability. The launch of the New MultiFaster demonstrates Faster’s ongoing dedication to meeting the evolving needs of its customers in the global machinery industry.
About Faster
Faster is a global leader in the production of hydraulic components. With more than 70 years of experience in the hydraulic industry, the company has designed and manufactured over 500 million quick-release couplings and has registered more than 100 patents. Faster is further accelerating its growth through an intense program of new product launches and new applications characterized by innovative technical solutions. With hundreds of employees working at the Italian Headquarters, the company’s products portfolio comprises three product areas: quick-release hydraulic couplings, tailor-made casting solutions and MultiFaster. Besides Italy, Faster has subsidiaries all over the world: Germany, USA, Brazil, China and India. In 2018 Faster became part of Helios Technologies, Inc., a publicly traded company based in the U.S. that develops and manufactures hydraulic and electronic control solutions for diverse markets. For more information please visit: fastercouplings.com and follow us on LinkedIn.
About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.
With a maximum working pressure of 350 bar (5,000 PSI), an increase of up to 40% over the first-generation platform and with its distinctive black coating and dedicated labeling, the New MultiFaster ensures superior reliability for construction, earthmoving, mining, railway, material handling, utility, and industrial machinery.
SURIN, Thailand (AP) — Fighting continued to rage Saturday morning along the border of Thailand and Cambodia, even after U.S. President Donald Trump, acting as a mediator, declared that he had won agreement from both countries for a ceasefire.
Thai officials have said they did not agree to a ceasefire, and Cambodia has not commented on Trump’s claim. Its defense ministry instead said Thai jets carried out airstrikes Saturday morning. Cambodian media reported Trump’s claim without elaborating.
The latest large-scale fighting was set off by a skirmish on Dec. 7 that wounded two Thai soldiers and derailed a ceasefire promoted by Trump that ended five days of earlier combat in July over longstanding territorial disputes.
The July ceasefire was brokered by Malaysia and pushed through by pressure from Trump, who threatened to withhold trade privileges unless Thailand and Cambodia agreed. It was formalized in more detail in October at a regional meeting in Malaysia that Trump attended.
About two dozen people have officially been reported killed in this past week’s fighting, while hundreds of thousands have been displaced on both sides of the border.
The Thai military acknowledges 11 of its troops have been killed, while estimating there have been 165 fatalities among Cambodian soldiers. Cambodia has not announced military casualties, but has said at least 11 civilians have been killed and 76 wounded.
Trump on Friday, after speaking to Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet, had announced an agreement to restart the ceasefire.
“They have agreed to CEASE all shooting effective this evening, and go back to the original Peace Accord made with me, and them, with the help of the Great Prime Minister of Malaysia, Anwar Ibrahim,” Trump said in his Truth Social post.
Trump’s claim came after midnight in Bangkok. Thai Prime Minister Anutin had after his call with Trump said he had explained Thailand’s reasons for fighting and said peace would depend on Cambodia ceasing its attacks first. The Thai foreign ministry later explicitly disputed Trump’s claim that a ceasefire had been reached. Anutin's busy day on Friday including dissolving Parliament so new elections could be held early next year.
Cambodian Prime Minister Hun Manet, in comments posted early Saturday morning, also made no mention of a ceasefire.
He said he held phone conversations on Friday night with Trump, and a night earlier with Malaysia’s Prime Minister Anwar Ibrahim, and thanked both “for their continuous efforts to achieve a long-lasting peace between Cambodia and Thailand.”
“Cambodia is ready to cooperate in any way that is needed,' Hun Manet wrote.
Thailand has been carrying out airstrikes on what it says are strictly military targets, while Cambodia has been firing thousands of medium-range BM-21 rockets that have caused havoc but relatively few casualties.
BM-21 rocket launchers can fire up to 40 rockets at a time with a range of 30-40 kilometers (19-25 miles). These rockets cannot be precisely targeted and have landed largely in areas from where most people have already been evacuated.
However, the Thai army announced Saturday that BM-21 rockets had hit a civilian area in Sisaket province, seriously injuring two civilians who had heard warning sirens and had been running toward a bunker for safety.
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Peck reported from Bangkok. Sopheng Cheang in Serei Saophoan, Cambodia, and Matthew Lee in Washington contributed to this report.
An evacuee tastes soup as she takes refuge in Banteay Menchey provincial town, Cambodia, Saturday, Dec. 13, 2025, after fleeing from home following fighting between Thailand and Cambodia. (AP Photo/Heng Sinith)
Evacuees cook food as they take refuge in Banteay Menchey provincial town, Cambodia, Saturday, Dec. 13, 2025, after fleeing homes following fighting between Thailand and Cambodia. (AP Photo/Heng Sinith)
Children raise their hands while receiving donation from charity as they take refuge in Banteay Menchey provincial town, Cambodia, Saturday, Dec. 13, 2025, after fleeing homes following fighting between Thailand and Cambodia. (AP Photo/Heng Sinith)
Evacuees wait to receive donation from local charity as they take refuge in Banteay Menchey provincial town, Cambodia, Saturday, Dec. 13, 2025, after fleeing homes following fighting between Thailand and Cambodia. (AP Photo/Heng Sinith)
Village security volunteers and resident run into shelter while the blasts sounded too close in Buriram province, Thailand, Friday, Dec. 12, 2025, following renewed border conflict between Thailand and Cambodia. (AP Photo/Sakchai Lalit)
