Meyer Burger Technology has signed a purchase agreement where 3S Industries USA will take over certain assets and all employees of SGS Slicing Solutions as well as SGS Machine Tool. The purchase price is remaining undisclosed with the transaction expected to close before the end of this year. Additionally, 3S Industries in Tucson, Arizona, has announced its change of name to MBT Systems Ltd and will become the new sales and service company for Meyer Burger in the U.S.