ROCHESTER, Minn.--(BUSINESS WIRE)--Feb 23, 2026--
Revolution Concrete Mixers and London Machinery are expanding operations and are officially back to building in the United States. Driven by strong customer demand and sustained growth, the company is opening a larger, fully equipped U.S. manufacturing facility, reinforcing its commitment to delivering greater capacity, faster production timelines, and long-term stability for customers across North America.
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As customer demand across commercial construction, infrastructure development, and essential building projects continues to grow nationwide, Revolution is scaling U.S. manufacturing capacity to help contractors and producers meet project timelines with greater confidence and consistency.
This latest manufacturing facility is located in Waverly, Iowa. It is our fourth location in the United States and marks our return to U.S.-based mixer manufacturing. In combination with our existing facility in London, Ontario, this expansion significantly increases our manufacturing capacity across North America, strengthening our international footprint and providing customers with quicker order delivery, fewer delays, and expanded replacement drum and parts availability.
This expansion complements our manufacturing operations in London, Ontario, and does not change our long-standing commitment to our Canadian facility or the customers we serve there. Instead, it adds capacity across North America to support continued growth.
The facility — a former manufacturing space — has already begun transformation under the direction of our leading engineers. It is being customized specifically for mixer production and will operate as a purpose-built, high-efficiency manufacturing environment designed to support consistent, high-output performance. The site will manufacture complete mixers, replacement drums, mixer parts, and key components for distribution throughout the United States.
“We made our customers a promise two years ago that we would be back manufacturing in the U.S., and we keep our promises,” said Bob Monchamp, President of Revolution Concrete Mixers and London Machinery. “This expansion strengthens our ability to deliver for our customers while reinforcing our long-term commitment to this market. We are proud to start up this facility not only to support our customers’ growth, but also to make a positive impact in the Waverly community.”
As operations continue to ramp up, Revolution Concrete Mixers is actively hiring for a variety of skilled manufacturing and production roles. This is more than a job — it’s an opportunity to build a long-term career and help shape the future of U.S. manufacturing. Individuals ready to build their future with a company investing in growth are encouraged to visit https://www.revolutionmixers.com/careers/ to explore current opportunities. The company is building a team focused on craftsmanship, innovation, and long-term career growth — supported by competitive benefits and a manufacturing environment designed for efficiency and pride in workmanship.
“This new facility isn’t just a strategic move; it’s a reflection of our belief in this market and in the future we’re building across North America,” said Bryan Datema, Executive Vice President - Engineering, Innovation, and Product Performance. “Our customers are growing, and we are growing with them. When we expand capacity, we strengthen supply chains, improve reliability, and create the foundation for continued innovation.”
Revolution Concrete Mixers and London Machinery are the only North American rear discharge mixer manufacturers building in two countries — strengthening our international manufacturing footprint across both the United States and Canada.
“We’re grateful that Revolution Concrete Mixers chose Waverly for this significant investment,” said Connie Tolan, Planning & Development Specialist, City of Waverly. “Projects like this are made possible by the strength of our workforce, our quality of life, and the area’s long-standing manufacturing heritage.” James W. Bronner, City Administrator, City of Waverly, added, “Revolution Concrete Mixers’ investment is significant for our community and builds on the strong manufacturing environment Waverly has historically provided. The project will create quality jobs and provide lasting benefits for our residents. We appreciate the company’s confidence in Waverly and look forward to supporting their long-term success.”
“Revolution Concrete Mixers’ decision to expand in Waverly underscores Iowa’s leadership in advanced manufacturing and our state’s ability to support companies that are shaping the future of industry,” said Debi Durham, Director of the Iowa Economic Development Authority and Iowa Finance Authority. “Iowa’s highly skilled workforce continues to be a competitive advantage for companies seeking to innovate and deploy cutting-edge technologies. We’re proud to partner with the company as they bring new investment, advanced manufacturing capabilities, and high-quality job opportunities to the region. Their commitment to Iowa will help drive sustained economic growth and reinforce our reputation as a place where forward-thinking manufacturers can thrive.”
About Revolution Concrete Mixers and London Machinery
Revolution Concrete Mixers and London Machinery Inc. represent a combined 171 years of industry and mixer-building knowledge, serving customers across the United States, Canada, and around the world. Our brands are industry leaders committed to moving the concrete industry forward through innovation, engineering excellence, and connected technologies that enhance productivity and performance.
We design and manufacture high-quality rear discharge concrete mixers and provide Genuine and OEM Parts for Revolution, London, and McNeilus rear discharge mixers, along with a full line of all-makes parts through our expert parts team and online store. Our focus on reliability, innovation, and long-term partnership helps our customers build stronger businesses — and the communities they serve.
Revolution Concrete Mixers Is Back to Building in the United States
NEW YORK (AP) — U.S. stocks are falling Monday after President Donald Trump took little time to ramp up his newest tariffs, but Wall Street is remaining much more calm than it did last year when his trade wars created chaos for financial markets.
The S&P 500 fell 0.8% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That’s up from the 10% rate he had announced Friday in response to a Supreme Court ruling that struck down his sweeping “reciprocal” taxes on imports from around the world.
The Dow Jones Industrial Average was down 666 points, or 1.3%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 0.9% lower.
Trump’s quick shift toward even more aggressive tariffs shows how much uncertainty still hangs over the global economy, even after the Supreme Court said the president lacked the legal authority to institute his sweeping “reciprocal” tariffs.
Beyond a 15% tariff that could last for up to 150 days, unless Congress extends it further, Trump is moving forward on other avenues to place more permanent tariffs on countries and industries. That has trading partners worldwide uneasy. South Korea’s trade minister, Kim Jung-kwan, said Monday that uncertainty may worsen if the Trump administration continues imposing new tariffs under alternative laws.
In other markets, the U.S. dollar’s value edged lower against other currencies, while gold continued to rise thanks to its reputation as something safer to own during uncertain times. Bitcoin briefly fell below $65,000 overnight before pulling back toward $66,000.
On the whole, though, the moves remained much more modest than the panic that swept through global markets in April after Trump initially announced his “Liberation Day” tariffs.
Investors may be sensing it will take a long time, as well as more court battles, before more clarity comes about how global trade will look. “Stocks got a boost Friday from the Supreme Court’s tariff ruling, but it quickly became clear that the decision was simply going to open a new chapter in the trade saga, not end it,” according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley.
On Wall Street, stocks of airlines fell after heavy snow and high winds canceled thousands of flights across the busy Northeast.
United Airlines lost 4.8%, American Airlines fell 4.9% and Delta Air Lines sank 4%.
Novo Nordisk’s stock that trades in the United States tumbled 15.9% after the Danish drugmaker said a trial for its CagriSema drug showed people lost a smaller percentage of their weight than with a similar one made by rival Eli Lilly. Eli Lilly rose 4.1%.
Bigger moves may be ahead for Wall Street this week, particularly with a profit report from Nvidia looming on Wednesday. The chip company is the U.S. market's most influential stock because it's the largest by value. So it would have a big effect under any scenario.
It's carrying particular weight now because of how integral its chips are to the artificial-intelligence industry. Euphoria around the possibilities of AI had sent stocks rising to record after record in recent years. But worries have been rising recently that companies may be spending so much on Nvidia's chips that they'll never be able to recoup their investments through higher productivity and future profits.
Investors have also begun punishing stocks of companies whose profits may be under threat because of potential rivals powered by AI.
In stock markets abroad, indexes were mixed in Europe. Germany’s DAX lost 0.8%, while France’s CAC 40 added 0.1%. European stocks had risen on Friday after the Supreme Court’s ruling.
In Asia, where markets got their first chance to react to the court’s ruling, Hong Kong’s Hang Seng jumped 2.5%, while South Korea’s Kospi rose a more modest 0.6%. Markets in Japan and mainland China were closed for holidays.
In the bond market, the yield on the 10-year Treasury fell to 4.05% from 4.08% late Friday.
A top official at the Federal Reserve said Monday that it's “a coin flip” on whether the Fed will cut its main interest rate at its next meeting in March or stand pat again.
The comments from Fed. Gov. Christopher Waller were a notable shift from January, when he was one of the two Fed governors to dissent against the central bank’s decision to hold its key rate steady after three rate cuts at the end of last year.
Lower rates would give the economy a boost, and Trump has been lobbying angrily for them. But they also could risk worsening inflation.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Trader Timothy Nick, left, and Robert Charmak work on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)
Options trader Anthony Spina works on the floor of the New York Stock Exchange, Thursday, Feb. 19, 2026. (AP Photo/Richard Drew)
President Donald Trump appears on a trading post television screen on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)
A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)
A currency traders reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)
