Corporate report

Sun Hydraulics licenses digital valve tech from Sturman Industries
Sun Hydraulics Corp. and Sturman Industries Inc. have entered into a technology license agreement. The agreement calls for Sarasota-based Sun Hydraulics to manufacture and sell valves, which incorporate Sturman digital valve actuation technology, used in fluid power markets.

“Customers are asking for products which are smaller in size, lighter in weight, use less power, are less expensive and operate faster,” Allen Carlson, Sun's CEO and president, says in a press release. “New electro-hydraulic cartridge valves under development as a result of Sun teaming up with Sturman will provide these features and create new markets for Sun.”

Tampa Bay Rowdies change executives, name Quraishi president, general manager
Rowdies principal owner Bill Edwards has named Farrukh Quraishi president and general manager of the North American Soccer League franchise.