Thursday, August 16, 2018
All News
Partners in THINC Winter Showcase to Demonstrate Five-Axis Setup
October 24, 2017
The 2017 Okuma Partners in THINC Winter Showcase will be held December 5-6 in Charlotte, North Carolina. One of the key demonstrations will feature a modular approach to enable manufacturers to generate high-precision five-axis parts without investing in a dedicated five-axis machining center. The part chosen is a representative aerospace landing
PROS Selected to Present at Fleming Chemicals Forum
October 23, 2017
HOUSTON & LONDON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a cloud software company powering the shift to modern commerce, has been selected to deliver a presentation at the fifth annual Fleming Chemicals Forum. Focused on sales and marketing effectiveness, the conference will be held Oct. 25-26 at the Pullman Cologne Hotel in Cologne, Germany.
Arconic Appoints Charles “Chip” Blankenship Chief Executive Officer; John Plant Named Chair of
October 23, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE:ARNC) announced today that its Board of Directors has appointed Charles “Chip” Blankenship as Chief Executive Officer and a member of the Arconic Board of Directors, effective January 15, 2018. Mr. Blankenship is a 24-year veteran of General Electric (GE) who spent much of his career in its
Arconic Reports Third Quarter 2017 Results
October 23, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE: ARNC) today reported results for the third quarter of 2017, for which the Company reported revenues of $3.2 billion, up 3% year over year, driven by higher volumes across all business segments as well as higher aluminum prices. Organic revenue1 was up 5% year over year. Net income attributable to
Arconic Announces Business Leadership Changes
October 23, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE:ARNC) today announced business management changes to streamline and strengthen its operational executive leadership. The changes are effective immediately. Eric Roegner is appointed Executive Vice President and Group President, Engineered Products and Solutions (EP&S). He succeeds Karl Tragl who
Techmer PM Signs CertainT Trademark License Agreement with Applied DNA for PET Masterbatch
October 23, 2017
STONY BROOK, N.Y.--(BUSINESS WIRE)--Applied DNA Sciences, Inc. (“Applied DNA,” “the Company,” NASDAQ: APDN), has signed a new CertainT® trademark license agreement with Techmer PM (“Techmer”), a respected producer of value added colors and additives for the plastic and fiber industries, and a long standing
Hallstar’s New Photostabilizer, AvoBrite®, Solves Customers’ Regulatory Challenges While
October 23, 2017
CHICAGO--(BUSINESS WIRE)--Building on two decades of photoprotection technology, Hallstar recently launched its latest innovation, AvoBrite®. The debut of this China-compliant photostabilizer in the formulation of VProve’s “Daily Perfect Sun Essence” from Korean manufacturer Cosmax is the capstone of an intensive development
Magna, Polestar and More
October 23, 2017
Magna is an automotive supplier. But it is a Tier One supplier unlike many others. Consider only its Magna Steyr operation. It actually builds vehicles—entire vehicles—in that facility. Vehicles including the BMW 5 Series, the Mercedes G Class and the Jaguar E-PACE. The Jaguar I-PACE is slated to start production there in early 2018.
PPG Completes COLORFUL COMMUNITIES Project at Royal Dutch Guide Dog Foundation in Amstelveen
October 23, 2017
AMSTERDAM--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES™ project in Amstelveen, Netherlands, that helped revitalize the facilities of the Royal Dutch Guide Dog Foundation. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and
Linde plc Amends Exchange Offer Minimum Acceptance Condition
October 23, 2017
GUILDFORD, England--(BUSINESS WIRE)--Linde plc today announced that it has decided to lower the minimum acceptance ratio of the exchange offer for all ordinary shares of Linde AG (XETRA:LIN) from 75% to 60% of all Linde AG shares entitled to voting rights, following the consent by both Linde AG and Praxair, Inc. Linde plc intends to publish the
Newly Formed Global Plastics Alliance To Harmonize Recycling Testing
October 23, 2017
North American and European associations seek a coordinated industry voice to create a Global Plastics Protocol. The Association of Plastic Recyclers (APR), Plastics Recyclers Europe (PRE), and the European PET Bottle Platform (EPBP) recently formed the Global Plastics Outreach Alliance with a goal of harmonizing design guides and testing
Vision System Assists On-Machine Probing for Fast Setups
October 23, 2017
The camera on this VMC combined with a tablet-like control helps speed and simplify on-machine probing routines during new-job setups. Blog Post: 10/23/2017 Derek Korn Executive Editor, Modern Machine Shop On-machine probing can reduce setup time by establishing the true location of a workpiece fixtured on a table, which then enables the CNC to
Syngenta: Exemption from Obligations Regarding the Maintenance of Listing
October 23, 2017
BASEL, Switzerland--(BUSINESS WIRE)--On 8 March 2016, CNAC Saturn (NL) B.V., Amsterdam, The Netherlands, published the offer prospectus on the public tender offer for all publicly held registered shares of Syngenta AG at the offer price of USD 465 per registered share. CNAC Saturn (NL) B.V. is a subsidiary of China National Chemical Corporation
Toyoda Gosei Develops Large Radiator Grille
October 23, 2017
KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. has developed a large radiator grille that boldly ornaments the front face of automobiles with a mesh that is larger than previous grilles. This large grille will be used on the new Lexus LS. In previous grilles for Lexus (spindle grilles), the mesh section within the plated frame was divided
Spray System Combines Air Supply and Filtration
October 23, 2017
An air supply and filtration system from Sata Spray Equipment/Dan-Am Co. that combines the Sata Vision 2000 supplied-air respirator and Sata 400 filter system is designed to allow spray operators to breathe easier, providing both breathing air and pure spraying air in a single system. New Product Post: 10/23/2017 An air supply and filtration system
HSFZ Swivel Chucks Maximize Radial and Axial Accuracies
October 23, 2017
Röhm Products of America’s HSFZ swivel chucks feature an axis, which is orientated 90 degrees relative to the rotary axis and swivels to automatically bring the workpiece into machining position to maximize both radial and axial accuracies and minimize setup time. New Product Post: 10/23/2017 Edited by Bart Bishop Assistant
Alloy Has Consistent Microstructure for Surface Finishing
October 23, 2017
Ellwood Specialty Steel (ESS) is now stocking an improved P20 Modified alloy that the company says is tailored to the needs of the moldmaking industry for superior mold finishes. Ellwood recognizes that as demand grows for molds with mirror polishes and complex texture patterns, the capability of the mold steel becomes a critical factor for
Ceratizit S.A. Acquires Komet Group GmbH
October 23, 2017
The Ceratizit Group develops hard material products for cutting tools and wear protection. The Ceratizit Group is headquarted in Mamer, Luxembourg. On October 12, 2017, Ceratizit acquired Komet Group GmbH (KOMET of America, Inc.), a full-range supplier of high-precision tools. As of October 13, 2017, the move was still subject to the approval of
Mitsui Chemicals Tohcello, Inc. Establishes a New Company in Taiwan
October 23, 2017
TOKYO--(BUSINESS WIRE)--Mitsui Chemicals, Inc. (Head Office: Minato-ku, Tokyo; President & CEO: Tsutomu Tannowa) announced that its wholly owned subsidiary, Mitsui Chemicals Tohcello, Inc. (Head Office: Chiyoda-ku, Tokyo; President & CEO: Yoshihisa Fujimaki) has decided to establish a company in Taiwan that will manufacture and sell the
Toyoda Gosei Develops Glass Run with New Structure for Improved Automobile Design Characteristics
October 23, 2017
KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. has developed glass runs with a new structure that will contribute to both achieving a more stylish appearance and quieter vehicle cabins. This product is used on the new Lexus LS. Glass runs are plastic* sealing products fitted to automobile window frames. They prevent noise, rain and wind
For the Autonomous Driving Era: Toyoda Gosei Develops First Steering Wheel with Grip Sensor in Japan
October 23, 2017
KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. has developed Japan’s first steering wheel with a grip sensor, which is compatible with today’s advanced driver assistance systems (ADAS). The company has also installed a new anechoic chamber at its Miwa Technical Center to develop high value-added modules that can be used with
Kubota Officially Announces Plans for $87 Million Expansion in Kansas to Create a New Logistics Hub,
October 22, 2017
GRAPEVINE, Texas--(BUSINESS WIRE)--Kubota Tractor Corporation officially confirmed today its plans to plant solid roots in Kansas for its North American Distribution Center (NADC) by announcing the details of its letter of intent to purchase 203 acres near the company’s current leased facility in Edgerton, Kansas. The company plans to design
SynchroFine 205 HS Honing machine Optimizes Gear Finishing
October 22, 2017
German Machine Tools of America’s Präwema SynchroFine 205 HS gear honing machine features direct-driven, digitally controlled spindles for the tool and the workpiece, enabling precise, rigid synchronization. New Product Post: 10/22/2017 Edited by Bart Bishop Assistant Editor, Production Machining German Machine Tools of
TSX Bandsaw Cuts Both Horizontal and Vertical Applications
October 21, 2017
Bahco’s 3868 Carbide Triple Set “Xtra” TSX bandsaw cuts materials on both vertical and horizontal bandsaw machines and has a triple chip tooth design blade with a positive 10-degree rake angle for titanium and other difficult and abrasive materials. New Product Post: 10/21/2017 Edited by Bart Bishop Assistant Editor,
Nationwide Industries Offers New Gate Latch to Replace Panic Bars
October 20, 2017
TAMPA, Fla.--(BUSINESS WIRE)--Nationwide Industries introduces the first-ever PanicLatch™ which is designed exclusively for gates. Until now, building professionals were required to specify and install a much more expensive and complex panic bar designed for doors. As many contractors will tell you, the installation gap tolerance, and
General Cable Corporation to Release Third Quarter 2017 Results
October 20, 2017
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) will release third quarter earnings after the market closes on Wednesday, November 1, 2017. General Cable (NYSE: BGC) is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the
New ProAmpac Website Presents Expanded Capabilities
October 20, 2017
CINCINNATI--(BUSINESS WIRE)--ProAmpac, one of the fastest growing companies in global flexible packaging, announced the launch of its redesigned website today. ProAmpac’s new site, www.ProAmpac.com, consolidates the company’s capabilities by product type and areas of expertise. ProAmpac now has 25 manufacturing sites globally with 3,200
Orbital ATK to Report Third Quarter 2017 Financial Results on November 2
October 20, 2017
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that it will issue a press release at approximately 6:00 a.m. (EDT) on November 2, 2017 to report its third quarter 2017 financial results. Due to the announced acquisition of Orbital ATK by Northrop Grumman, the
APAC Leads the Decorative Paints and Coatings Market | Technavio
October 20, 2017
LONDON--(BUSINESS WIRE)--The global decorative paints and coatings market is expected to grow at an impressive CAGR of close to 6% during the forecast period, according to Technavio's latest market research. In this market research report, Technavio covers the market outlook and growth prospects of the global decorative paints and coatings market
PPG Completes 10 COLORFUL COMMUNITIES Projects in Greater Pittsburgh for United Way’s Day of
October 20, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the completion of 10 COLORFUL COMMUNITIES™ projects at various organizations in the Pittsburgh area as part of United Way of Southwestern Pennsylvania’s Day of Caring. The Colorful Communities program provides PPG volunteers and products along with financial contributions to
AAPEXedu 2017 to Address Impact of New Technologies on Automotive Aftermarket Businesses
October 20, 2017
LAS VEGAS--(BUSINESS WIRE)--The AAPEXedu 2017 Technology track will focus on the many new and emerging technologies in vehicles and how they will impact businesses in the automotive aftermarket industry. AAPEX represents the $740 billion global automotive aftermarket industry and will be held Tuesday, Oct. 31 through Thursday, Nov. 2, at the Sands
Therma-Tron-X's Jim Miller Passes
October 20, 2017
Jim Miller, a retired sales engineer with Therma-Tron-X, passed away suddenly on October 17. From Therma-Tron-X: “Jim began his long and successful career with TTX when he accepted the position of Sales Engineer in 1996. Jim brought with him 20+ years of engineering expertise, a sharp mind, and a passion for helping customers achieve
Gripper Enables Higher Payload on Cobots
October 20, 2017
On Robot’s RG6 is designed to be a flexible and energy-efficient gripper that is easy to program and install on cobots handling objects of various sizes. It is a bigger and stronger version of the company’s RG2 gripper, with a higher payload than other two-finger collaborative grippers. The higher adjustable force (25 to 120 N) enables
IHS Markit Experts to Share Auto Aftermarket, Commercial Vehicle and Technology Trends at AAPEX 2017
October 20, 2017
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Automotive and commercial vehicle experts from IHS Markit (NASDAQ: INFO) will share key insights and industry trends on the global automotive aftermarket, commercial vehicle market and the expected impact of technology on the aftermarket during the annual Automotive Aftermarket Products Expo (AAPEX), October
KSCA | Investment Banking Represents Alternative Apparel in its Sale to HanesBrands
October 20, 2017
ATLANTA--(BUSINESS WIRE)--KSCA | Investment Banking represented Alternative Apparel, Inc. in its sale to HanesBrands, Inc. (NYSE: HBI). Alternative Apparel is a marketer of better apparel basics under the Alternative brand to the distributor, online, direct-to-consumer, and traditional retail channels. Hanes purchased privately held Alternative
Domtar Personal Care Hosts Volunteer Event at the Diaper Bank of North Carolina in Durham
October 20, 2017
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) announced today that employees from the company’s Personal Care division, headquartered in Raleigh, NC, will lead a volunteer effort to package over 10,000 diapers to help support underserved families in the greater Durham area. The volunteers will package the diapers
Ampco-Pittsburgh Third Quarter Results Conference Call
October 20, 2017
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Monday, November 6, 2017, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2017. If you would like to participate in the conference call, please register using the link below or by dialing
Rayonier Advanced Materials Announces Revenue Impact from Major Customer’s Operational Upset
October 20, 2017
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE: RYAM) announced today that due to an operational upset earlier this month at a major customer, sales volumes in 2017 for its cellulose specialties products are anticipated to be lower than previously expected. Based on currently available information from the customer, the
BMW & Penske Automotive Group See The Future of Flexible Ownership in Fair
October 20, 2017
LOS ANGELES--(BUSINESS WIRE)--Fair, an app that provides the first fully digital end-to-end way to get a car with the flexibility to return it anytime, announced today it is closing a strategic funding round led by BMW i Ventures that includes investments from Penske Automotive Group and other strategic investors. Fair’s innovative offering
AVX Corporation Declares Increased Dividend
October 20, 2017
FOUNTAIN INN, S.C.--(BUSINESS WIRE)--The Board of Directors of AVX Corporation (NYSE: AVX) recently declared an increased dividend of $0.115 per common share for the quarter ended September 30, 2017. This represents a $0.46 annual dividend rate, and a 4.5% increase over the previous dividend rate. The dividend will be paid to shareholders of record
Barnes Group Inc. Declares Quarterly Dividend
October 20, 2017
BRISTOL, Conn.--(BUSINESS WIRE)--The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of fourteen cents ($0.14) per share. The dividend will be payable December 8, 2017 to shareholders of record at the close of business on November 22, 2017. Barnes Group Inc. and its predecessor companies have paid a cash
AerCap Delivers First of Two New Airbus A350 Aircraft to Air Mauritius
October 20, 2017
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery of a new Airbus A350-900 to Air Mauritius, the first of two new A350 aircraft deliveries on long-term lease from AerCap’s order book with Airbus. A second A350-900 aircraft is scheduled for delivery to Air Mauritius in November 2017.
Oelheld Hosts Open House at New U.S. Headquarters
October 20, 2017
The new facility in West Dundee, Illinois, expands production and storage capacity, and features green architecture. News Post: 10/20/2017 Edited by Jedd Cole Associate Editor, Modern Machine Shop Oelheld recently held an open house for its new U.S. headquarters in West Dundee, Illinois. Guests included Philipp and Martin Storr, Co-Presidents;
The ‘Easy’ Button for Tool Changing
October 20, 2017
Although there’s no such thing as the easy button, there are smart tooling choices you can make that lead to efficient, safe machining and other benefits. One such technology is quick-change tooling. Although there are different types of quick-change tooling systems, they all were created for the same purposes: to increase productivity,
Cleveland-Cliffs Inc. Reports Third-Quarter 2017 Results
October 20, 2017
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2017. The Company reported consolidated revenues of $698 million, an increase of 26 percent compared to the prior year's third-quarter revenues of $553 million. Cost of goods sold increased by 15 percent to $538
Sealed Air Names William G. Stiehl Acting Chief Financial Officer
October 20, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE:SEE) announced today that current Chief Accounting Officer and Controller, William G. Stiehl, will assume the additional position of Acting Chief Financial Officer. Mr. Stiehl will succeed current Senior Vice President and Chief Financial Officer Carol P. Lowe, who will depart the
SP3H Announces That It Has Obtained a €1.2 Million European Union Grant for Its Intelligent and
October 20, 2017
AIX-EN-PROVENCE, France--(BUSINESS WIRE)--SP3H is proud to announce joining the very select circle of the 10 French winners of the H2020 SME Instrument Phase 2 program since 2014. Last summer VIP received the very prestigious SME instrument phase 2 H2020 label in the "transport & smart cities mobility" category. With an overall budget of €
Missing a Spare (Tires, Not Bowling)
October 20, 2017
According to AAA, 28 percent of 2017 model year vehicles don’t have a spare tire as standard equipment. Blog Post: 10/20/2017 Gary S. Vasilash Editor-in-Chief, Gardner Business Media, Inc. According to AAA, 28 percent of 2017 model year vehicles don’t have a spare tire as standard equipment. Some have run-flat tires. These tires are
Liquidmetal Hosts Open House
October 20, 2017
LAKE FOREST, Calif.--(BUSINESS WIRE)--Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloy technologies, hosted an open house event in its Lake Forest facility on October 17. On Tuesday, Liquidmetal welcomed more than 180 investors, customers, and partners to its headquarters in Lake Forest, California.
Global Brass and Copper Holdings, Inc. Announces Date and Time for Release of Third Quarter 2017
October 20, 2017
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Global Brass and Copper Holdings, Inc. (NYSE:BRSS) (“GBC” or the “Company”) announces that it will release financial results for the third quarter of 2017 on Thursday, November 2, after the close of the market. The Company will host a teleconference and webcast at 9:00 a.m. (Central Time)