Monday, June 24, 2019
All News
Hyosung Cho Hyun Joon President Continues to Be Plain Sailing
September 29, 2017
SEOUL, South Korea--(BUSINESS WIRE)--Hyosung (KRX:004800) under the helm of Cho Hyun Joon President is expected to make it to the trillion won club of companies with operating profit of more than 1 trillion won for two years in a row. Hyosung joined the club last year for the first time in its 50-year history with an annual operating profit of
Oxea Starts Business with Halal Certified Pelargonic Acid
September 29, 2017
MONHEIM AM RHEIN, Germany--(BUSINESS WIRE)--The global chemical company Oxea has received Halal certification for its Carboxylic Acids product line from its production plant in Bay City, Texas, USA. In September 2017, the company began shipping bulk quantities of its new product “Pelargonic Acid Halal”. At its Bay City plant, Oxea
William A. Wulfsohn to Step Down as Valvoline Chairman and Retire from Valvoline Board
September 29, 2017
LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE:VVV), a leading worldwide supplier of premium branded lubricants and automotive services, announced today that William A. Wulfsohn, who served as Valvoline’s founding chairman during its initial year as a public company, will step aside from his position as chairman of the board as of
Olympic Steel Announces Management Promotions
September 29, 2017
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced the promotions of James D. Post to the position of Regional Vice President and General Manager and Kevin L. Miller to the position of General Manager, Cleveland Division, effective Oct. 1, 2017. Post joined Olympic Steel in 2016 as
2017 Mazda MX-5 Club RF
September 29, 2017
The Mazda slogan “Driving Matters” pretty much sums up the 2017 MX-5 Miata Club RF. It is meant to be driven, period. An issue, however, is where it is meant to be driven. And therein lies a bit of an issue. As in: 1. You don’t want to drive it in the parking lot of a Costco for two reasons: (a) you’ll be surrounded by
Resin Pricing Update as October Approaches
September 29, 2017
Let’s take a look at resin pricing in the last week of September, as reported by PetroChemWire (PCW) and Plastics Exchange, The. One thing for certain, prices are firm at best if not on the way to spiking. ● PE: Spot market PE prices were firm with a scarcity of material expected to persist for at least another two weeks. This according
ILS Proton Successfully Launches the AsiaSat 9 Satellite for AsiaSat
September 29, 2017
BAIKONUR COSMODROME, Kazakhstan--(BUSINESS WIRE)--International Launch Services (ILS), a leader in providing launch services to the global commercial satellite industry, successfully carried the AsiaSat 9 satellite into orbit today on an ILS Proton for Asia Satellite Telecommunications Company Limited (AsiaSat) of Hong Kong. This was the 3rd
Finalizó con éxito primera edición de Inyección 360 grados
September 29, 2017
Con una asistencia de más de 170 participantes, los pasados 27 y 28 de septiembre, se llevó a cabo en la primera edición de PT México Live 2017 - Inyección 360 grados, la conferencia más completa sobre inyección en México, que contó con más de 30 pláticas
Surface Treatment Solutions Suited for Lightweight Metals
September 29, 2017
Henkel Adhesive Technologies’ range of Bonderite metal surface treatment solutions are said to be well-suited for lightweight metals such as those being used increasingly by automotive manufacturers. New Product Post: 9/29/2017 Henkel Corporation’s range of Bonderite metal surface treatment solutions are said to be well-suited for
Stainless Steel Restrictors Provide Fine Fluid Control
September 29, 2017
Hosco offers the RIA-6, a stainless steel, silicone-free, inline, externally adjustable restrictor with a compact size of 2.24 oz. (63.5 g). New Product Post: 9/29/2017 Hosco Fittings LLC offers the RIA-6, a stainless steel, silicone-free, inline, externally adjustable restrictor with a compact size of 2.24 oz. (63.5 g). According to the company,
AR-5C Collet Rotary Table is Alternative for Jaw Chucks
September 29, 2017
CNC Indexing & Feeding Technologies’ TJR AR-5C Pneumatic Collet Rotary Table provides an alternative to three- or four-jaw chucks, employs a 5C collet closer system and can be integrated into a CNC machine control as a full fourth axis. New Product Post: 9/29/2017 Edited by Bart Bishop Assistant Editor, Production Machining CNC Indexing
Special Seals Give Cooling System Durable High-Temperature Stability
September 29, 2017
HASCO America, Inc. offers a reworked cooling system that can withstand long-term service temperatures ranging to 250°C, depending on the medium employed. A special sealing element makes this possible which, in contrast to conventional sealing rings, has the requisite long-term heat stability. The HT range supplements Hasco's standard range.
PQ Group Holdings Inc. Announces Pricing of its Initial Public Offering of 29,000,000 Shares of
September 29, 2017
MALVERN, Pa.--(BUSINESS WIRE)--PQ Group Holdings Inc. (NYSE:PQG) (“PQ” or the “Company”) today announced the pricing of its initial public offering of 29,000,000 shares of its common stock at a public offering price of $17.50 per share. The shares are expected to begin trading on the New York Stock Exchange on September 29,
Ternium Further Develops Its Industrial System with Plans to Build New Facilities in Mexico and
September 28, 2017
LUXEMBOURG--(BUSINESS WIRE)--Ternium S.A. (NYSE:TX) today announced two new investment programs that will further develop its industrial system to better serve its customers. The company plans to install a new hot rolling mill at its Pesquería industrial center in Mexico, and to build a new steel reinforcing bar manufacturing facility in
Allegion Schedules Conference Call, Webcast to Announce 2017 Third-Quarter Results
September 28, 2017
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2017 third-quarter financial results on Thursday, Oct. 26, 2017, before the market opens. Later that morning, David D. Petratis, chairman, president and CEO, and Patrick Shannon, senior vice president and chief financial
Cummins and Achates Power to Develop Advanced Combat Vehicle Engine to Improve Protection and
September 28, 2017
COLUMBUS, Ind.--(BUSINESS WIRE)--UNCLASSIFIED: Distribution Statement A. Approved for public release Cummins Inc. (NYSE: CMI) announced today that it has executed a $47.4 million contract, awarded by the National Advanced Mobility Consortium, to develop and demonstrate a technologically advanced engine for the next generation of U.S. combat
Arconic Announces Mandatory Conversion of Its 5.375% Class B Mandatory Convertible Preferred Stock
September 28, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (“Arconic” or the “Company”) (NYSE: ARNC) announced today that all its outstanding 5.375% Class B Mandatory Convertible Preferred Stock, Series 1, par value $1.00 per share (“Class B preferred stock”), will automatically convert into shares of Arconic common stock at a rate
ModuleWorks, Siemens PLM Form CAM/CAD/CAE Partnership
September 28, 2017
ModuleWorks, a supplier of CAD/CAM software components for machining and simulation, has announced an agreement with Siemens PLM Software. ModuleWorks is providing and further developing advanced CAM programming technology to be integrated into Siemens’ NX software, an integrated CAD/CAM/CAE solution. The close working arrangement with
CamInstructor Announces New Online CNC Training Courses
September 28, 2017
CamInstructor Inc. (Kitchener, Ontario) has announced new online CNC programming training courses of interest to manufacturers. The course offerings are designed for people brand new to CNC machine tool programming as well as for more experienced programmers who may need to get up to speed on the latest software release. The new course bundle,
Inventor of FDM 3D Printing and Co-Founder of Stratasys, Scott Crump, Inducted in to the TCT Hall of
September 28, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys (Nasdaq: SSYS), a global leader of applied additive technology solutions, announced that its Co-founder and Chief Technology Officer, Scott Crump was inducted to the TCT Hall of Fame, a prestigious award category created to recognize the pioneers and innovators of the 3D printing
HanesBrands Donates Additional Underwear and Activewear to Assist Hurricane Victims in Florida and
September 28, 2017
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands announced today that it is donating more than 1 million items of underwear and activewear to assist hurricane victims in Florida and Puerto Rico and is using its operations in Puerto Rico and the Dominican Republic to supply essentials to Puerto Rico employees. Hanes is in the process of canvassing
EPIC International Expands Its Aftermarket Services by 63,000 Square Feet
September 28, 2017
HOUSTON--(BUSINESS WIRE)--EPIC International (“EPIC”), an aftermarket services provider for the industrial and energy markets, announced the Company will launch (3) new facilities this month, expanding its international footprint by 63,000 square feet. This expansion includes a brand new 13,000 square foot corporate headquarters in
Silicon Mobility to Open Office in Silicon Valley
September 28, 2017
SOPHIA ANTIPOLIS, France--(BUSINESS WIRE)--Silicon Mobility, the technology leader developing solutions for cleaner, safer and smarter mobility, announced today the opening of an office in Burlingame, CA. The office is conveniently located close to San Francisco international airport at the gate entry of the Silicon Valley. Silicon Mobility’s
Tennant Company Names Jeffrey L. Cotter as Senior Vice President, General Counsel and Corporate
September 28, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE:TNC), a leading cleaning solutions provider, announced the appointment of Jeffrey L. Cotter as Senior Vice President, General Counsel and Corporate Secretary, effective September 25, 2017. Mr. Cotter replaces Heidi Wilson who announced her retirement earlier this year. With more than 20 years of
Fleettyres24.co.uk Gets Tooled up: Available in Responsive Web Design from Now On
September 28, 2017
HANOVER, Germany--(BUSINESS WIRE)--Fleettyres24.co.uk presents its new look. The Delticom online shop for car fleets has updated its website, and is now optimised for display on mobile devices. “Responsive web design” is the technique used by websites to adapt their layout to the size of the screen on which they are being viewed. This
L3 Successfully Delivers Final Airseeker to U.K. Royal Air Force
September 28, 2017
NEW YORK--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has successfully delivered the third and final RC-135V/W Rivet Joint (RJ) signals intelligence aircraft to Britain’s Royal Air Force (RAF), a milestone marking the completion of the historic U.S. Air Force (USAF) and U.K. Ministry of Defence (MOD) Airseeker program.
Grinding Machine Includes Software for Parameterization
September 28, 2017
Kapp Niles will release its KNe3G grinding machine. It includes KNgrind software and a human-machine interface designed for operator-friendly and machine-oriented parameterization of the generating grinding task. The machine also has Siemens Sinumerik 840D control hardware and multi-touch screen technology that will guide users through the input of
Pallet Handling Software Plans Production from ERP System
September 28, 2017
Fastems will introduce version 6 of its Manufacturing Management software (MMS) for automated pallet handling, which plans production from an ERP system, administrating NC programs and tool data. It also monitors tool life, prompting the operator for new tooling if required, and enables users to rearrange schedules in real time, taking changed
Walter USA Appoints U.S. Managing Director
September 28, 2017
Walter (Waukesha, Wisconsin), a cutting tool manufacturer, has announced the appointment of Dan Shelton as U.S. Managing Director. The announcement was made by Muff Tanriverdi, President of the company’s World West region. In his position, Mr. Shelton will be responsible for leading and managing the sales performance of Walter USA, including
Grinding Machine Includes Software for Parameterization
September 28, 2017
Kapp Niles will release its KNe3G grinding machine. It includes KNgrind software and a human-machine interface designed for operator-friendly and machine-oriented parameterization of the generating grinding task. The machine also has Siemens Sinumerik 840D control hardware and multi-touch screen technology that will guide users through the input of
1.7 Million New Robots to Transform the World´s Factories by 2020 – Forecasts IFR
September 28, 2017
FRANKFURT, Germany--(BUSINESS WIRE)--By 2020 more than 1.7 million new industrial robots will be installed in factories around the world. Today, the strongest growth in the robotics industry is in Asia – lead by China as the world´s number one marketplace. In 2017 robot installations are estimated to increase by 21 percent in the
LSB Industries, Inc. Provides Operational Update on Its Pryor, Oklahoma Facility
September 28, 2017
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or “the Company”) today announced that the ammonia plant at its Pryor, Oklahoma chemical facility (“Pryor Facility” or “Pryor”) experienced a minor fire and was taken out of service on September 23, 2017 to repair damage to some of
MHI and MHPS Pledge Support to Those Affected by the Earthquakes in Mexico
September 28, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) express their sincere condolences to the people who were affected by the earthquakes that occurred off the southern coast of Mexico on September 7, and in the central part of Mexico on September 19. MHI and MHPS have decided
Hydrus Technology Secures U.S. Patent for Its Groundbreaking Wastewater Treatment Technology
September 28, 2017
HOUSTON--(BUSINESS WIRE)--Hydrus Technology announced today that it has secured a U.S. patent for its Advanced Electro-chemical and Catalytically Enhanced Oxidation wastewater technologies. These leading-edge technologies enable HTX to turn contaminated water and wastewater into water ready for reuse or safe release into the
Olympic Steel Names Zachary J. Siegal Vice President of Strategic Development
September 28, 2017
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced Zachary J. Siegal has been promoted to the new position of Vice President of Strategic Development, effective Oct. 1, 2017. Siegal began his career at Olympic Steel in 2007 as a Quality Engineer, and has progressed through several
Arcimoto, Inc. Strengthens Executive Leadership Team With Appointment of Terry Becker to Chief
September 28, 2017
EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc. (Nasdaq: FUV), makers of the world’s first Fun Utility Vehicle™ (FUV) - an affordable and practical pure electric vehicle (EV) for everyday commuters and fleets, today announced it is strengthening its senior management team by naming two new key executive hires. Effective immediately, Terry
Florida Finishers' Mid-Winter Conference and Expo Set for Feb. 7-8
September 28, 2017
The 2018 event will feature a representative from the Florida Department of Environment Protection as a keynote speaker on Feb. 7. The Florida Finishers Corp.’s 2018 Mid-Winter Conference and Exposition is set for Feb. 7 and 8 in Clearwater, Florida. Speakers are being lined up for the event, but the 2018 event will
CDB Aviation Lease Finance Signs Lease Agreement for Three 737-800s with Ruili Airlines
September 28, 2017
TIANJIN, China--(BUSINESS WIRE)--CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today announced the signing of a lease agreement for three Boeing 737-800 aircraft with China's first privately-owned, low-cost carrier
WesTech Engineering, Inc. and Microvi Biotech, Inc. Sign Exclusive Alliance Agreement to
September 28, 2017
SALT LAKE CITY--(BUSINESS WIRE)--WesTech Engineering, Inc. (WesTech) has signed an exclusive alliance agreement with Microvi Biotech, Inc. (Microvi) to promote Microvi’s innovative biological technologies for the water and wastewater industries. The agreement gives exclusivity to WesTech to promote Microvi’s technologies in the U.S. and
What Should You Consider When Turning Micro Parts on a Lathe?
September 28, 2017
Various factors, including the machine, cutting tools and operator, must be taken into consideration to turn very small parts. The manufacture of miniature parts is not new, but over the past several years, there has been a trend toward continued miniaturization in a range of industries, including aerospace, automotive, medical and electronics.
What Should You Consider When Turning Micro Parts on a Lathe?
September 28, 2017
Various factors, including the machine, cutting tools and operator, must be taken into consideration to turn very small parts. The manufacture of miniature parts is not new, but over the past several years, there has been a trend toward continued miniaturization in a range of industries, including aerospace, automotive, medical and electronics.
Accenture, JSR and NTT Begin Work on a Proof-of-Concept for a Smart Industrial Complex
September 28, 2017
TOKYO--(BUSINESS WIRE)--Accenture (NYSE: ACN), JSR Corporation, a chemicals manufacturer headquartered in Japan, and Nippon Telegraph and Telephone Corporation (NTT), one of the world's largest telecommunications services providers headquartered in Japan are embarking on a proof-of-concept project at JSR’s plant in Chiba Prefecture designed
Throwback Thursday: Education and Training Triumphs
September 28, 2017
This throwback Thursday feature is about our 2013 Leadtime Leaders, Tech Mold, Micro Mold and Plastikos, and their apprenticeship programs. The skills gap affects the future of every skilled trade in our industry. Some companies are faring better than others, but I have yet to talk to a top manager or business owner who says they got it all
CAD Software Supports Manufacturing-Oriented Design
September 28, 2017
Geomagic Freeform 2017 from 3D Systems is intended to provide a single engineering platform for designing and manufacturing parts.   The software enables users to create and manage four different types of 3D part geometries, offering flexibility and design control. This single design environment delivers prismatic solid parts,
Walter Announces New Managing Director for Walter US
September 28, 2017
Walter USA, LLC has announced the appointment of Dan Shelton as Managing Director U.S. Muff Tanriverdi made the announcement. Tanriverdi is the president of the World West Region, which includes the United States. In his position, Shelton will be responsible for leading and managing the sales performance of Walter U.S. His responsibilities include
Mexichem Successfully Completes a Two-Tranche US$1 Billion International Bond Offering
September 28, 2017
TLALNEPANTLA DE BAZ, Mexico--(BUSINESS WIRE)--Mexichem, S.A.B. de C.V. (BMV: MEXCHEM*) (“Mexichem”) reported that it has successfully completed a 144A / Reg S US$1 billion bond offering. The offering is comprised of two tranches: a US$500 million bond that will carry a fixed rate of 4.00% and mature in October 2027 and a US$500 million
Schnitzer Provides Preliminary Results for Fourth Quarter of Fiscal 2017
September 27, 2017
PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today announced preliminary results for its fourth quarter of fiscal 2017 ended August 31, 2017. Schnitzer expects fourth quarter earnings per share from continuing operations to be in the range of $0.62 - $0.65. Adjusted earnings per share are expected to be in the
Celanese Announces Emulsion Polymers Price Increases
September 27, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products. The price increases below will be effective October 1, 2017, or as contracts otherwise allow, and are incremental to previously announced price increases.  
END 2 END Manufacturing Awarded Excellence in Supplier Diversity by Cisco
September 27, 2017
PLEASANTON, Calif.--(BUSINESS WIRE)--END 2 END Manufacturing, today announced that it has received the 2017 Excellence in Supplier Diversity award from Cisco®. This prestigious award recognizes END 2 END Manufacturing for diverse certified suppliers that demonstrate exemplary performance through outstanding quality, value, and service to Cisco
Griffon to Participate at Deutsche Bank 25th Annual Leveraged Finance Conference
September 27, 2017
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE:GFF) today announced that it will present at Deutsche Bank 25th Annual Leveraged Finance Conference to be held at The Phoenician in Scottsdale, Arizona at 2:15 p.m. local time on Tuesday, October 3rd. A copy of Griffon’s latest investor presentation, which will be used at the conference,