Thursday, November 14, 2019
All News
BIOTECanada: Federal Budget Strengthens Biotechnology Industry Ecosystem Building Canadian Economy
March 23, 2017
OTTAWA, Ontario--(BUSINESS WIRE)--Canada's biotech industry today welcomed the federal budget and its measures supporting the advancement of Canadian innovation in biotechnology centered sectors such as health/bio-sciences, clean technology and agri-food. Importantly the budget proposes support for the acceleration of innovation through the
Keysight Technologies Announces Pricing of Public Offering of Common Shares in Connection With
March 23, 2017
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE:KEYS) (“Keysight”) today announced that it has priced its registered public offering (the “Offering”) of 11,428,571 common shares at a public offering price of $35.00 per share. In addition, the underwriters in the Offering have been granted a 30-day
Risk Assessments Identify Potentially Deadly Lack of Machine Safeguarding in Metal Fabricating Plant
March 23, 2017
According to OSHA statistics, nearly 5,000 workers in metal fabricating plants suffer non-fatal injuries annually in the United States.
Celanese Announces Vinyl Acetate Monomer Price Increases in Asia
March 22, 2017
DALLAS & SHANGHAI--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for vinyl acetate monomer in Asia in view of recent market conditions. The price increase below will be effective immediately, or as contracts otherwise allow. Product  
Stratasys Files Annual Report on Form 20-F for the Year Ended December 31, 2016
March 22, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) (“Stratasys” or the “Company”), the 3D printing and additive manufacturing solutions company, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2016 with the U.S. Securities and Exchange
PVH Corp. Reports 2016 Fourth Quarter and Full Year Results and Provides 2017 Guidance
March 22, 2017
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE:PVH] reported 2016 fourth quarter and full year results and announced 2017 guidance. Non-GAAP Amounts: Amounts stated to be on a non-GAAP basis exclude the items that are described below under the heading “Non-GAAP Exclusions.” Amounts stated on a constant currency basis are also deemed to be
Aptar Pharma's Preservative-Free Multidose Dispenser Chosen for the First Time for a Prescription
March 22, 2017
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--Aptar Pharma’s innovative and patented preservative-free multidose Ophthalmic Squeeze Dispenser is available for patients in the U.S. prescription market for the first time with Allergan’s RESTASIS MULTIDOSE™ (Cyclosporine Ophthalmic Emulsion) 0.05%. This approval and launch makes the Aptar
Top 3 Emerging Trends Impacting the Global Automotive Motors Market From 2017-2021: Technavio
March 22, 2017
LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global automotive motors market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. The
Great Sports Inc SaferWholesale Has Introduced Hot New Products Available
March 22, 2017
FRANKFORT, Ill.--(BUSINESS WIRE)--SaferWholesale.com - an Illinois corp - Great Sports Inc. has announced the release of several new models of their sports and utility vehicles this season. The company is an online Motorsports retailer based in Frankfort and deals in nearly 10,000 different products ranging from Motorsports to swimming pools. Safer
Orion Engineered Carbons S.A. Announces Secondary Common Stock Offering
March 22, 2017
LUXEMBOURG--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company” or “Orion”) announced today that Kinove Luxembourg Holdings 1 S.à.r.l. (“Kinove Holdings”) and certain other sellers, including current and former members of Orion’s management team, intend to offer an aggregate of
Amphenol Corporation Recommends Stockholders Reject “Mini-Tender” Offer by TRC Capital
March 22, 2017
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE:APH) announced today that it received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 2,000,000 shares of Amphenol’s common stock at a price of $68.25 per share in cash. The offering price is 4.33% below the closing price per
IntriCon Backs Bipartisan Legislation to Make Hearing Aids Available Over the Counter
March 22, 2017
ARDEN HILLS, Minn.--(BUSINESS WIRE)--IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced its support of legislation to make hearing aids available for those with mild to moderate hearing loss available over the counter. “The
Mouser Electronics/Molex-Sponsored IndyCar Takes Checkered Flag at St. Pete
March 22, 2017
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--The Mouser-sponsored No. 18 car opened the 2017 Verizon IndyCar Series in grand style, capturing a first-place finish in Florida at the Firestone Grand Prix of St. Petersburg on March 12. It was a historic win for driver Sebastien Bourdais, who overcame a last-place start to secure his 36th career IndyCar
Global Busbar Trunking Market 2017-2021: Opportunity Assessment and Forecasts by Technavio
March 22, 2017
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global busbar trunking market is expected to grow at a CAGR of more than 6% during the forecast period. This research report titled ‘Global Busbar Trunking Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and
BIO Announces Plenary Sessions for 2017 World Congress on Industrial Biotechnology
March 22, 2017
WASHINGTON--(BUSINESS WIRE)--The Biotechnology Innovation Organization (BIO) today released the list of speakers for plenary programs at the 2017 World Congress on Industrial Biotechnology. The sessions will feature executives from the biofuels, household and personal care, and airline industries who will discuss technology breakthroughs,
Peterbilt Announces Record Dealer Network Growth
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Citing an ongoing commitment to customer support, Peterbilt has announced record dealer network growth by adding a total of 93 new locations over the last four years. In addition, many existing locations have been expanded or upgraded, vastly enhancing the responsiveness and coverage of the network. “Peterbilt
Peterbilt Model 579 Standard with Bendix Wingman Advanced Safety System
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Bendix® Wingman® Advanced™ – a collision mitigation technology – will become standard on the Peterbilt Model 579, the company announced. “Peterbilt strengthens its position as an industry safety leader with the adoption of Bendix Wingman Advanced as a standard feature on the Model
Peterbilt Announces Expansion of Next Generation Chassis Routing
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt implemented its industry-leading engineered routings in all configurations of the Models 579 and 567 as well as in the iconic Model 389, further enhancing serviceability across its product lines, the company announced. “Thanks to the innovative features of the engineered chassis routings, Peterbilt
Peterbilt Announces Completion of Denton Plant Expansion
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt’s expansion of its Denton, Texas, manufacturing facility has been completed and all new areas are fully operational, the company has announced. The final expansion phase concluded in January with the opening of a 102,000 square-foot Test Building. “The expansion investment is the largest made by
Peterbilt Announces FlowBelow Fairing System Available for Model 579 Tractors
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the FlowBelow Tractor AeroKit™ rear fairing system for the Model 579, beginning Q2 2017. FlowBelow Aero Inc. reports customers have achieved more than a two-percent increase in fuel savings through the use of the innovative system. “The FlowBelow Tractor AeroKit rear fairing system
Peterbilt Model 579 Achieves New Levels of Fuel Efficiency and Driver Comfort
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt has announced enhancements to the Model 579 EPIQ package that deliver an eight percent fuel economy improvement for the 2018 model year. Peterbilt’s Model 579 EPIQ is available with the fuel-efficient PACCAR MX-13 and MX-11 engines and is paired with the Fuller Advantage automated transmission to
Peterbilt Introduces Allison TC10® Transmission in Models 567 and 579
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the availability of the Allison TC10® fully automatic transmission on Models 567 and 579 later this year. The Allison TC10 is designed for tractor applications, such as regional and line-haul, and features a twin-countershaft design optimized for engine downspeeding and fuel economy. The
Peterbilt Launches Factory-Backed MX Engine Warranty for Red Oval Program
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the introduction of the PACCAR Engine Pre-Owned Warranty for Peterbilt Red Oval-certified truck customers. The warranty, which is offered and administered through Peterbilt dealers and PACCAR Financial Used Truck Centers, provides best-in-class protection for the MX engine and aftertreatment
EDEM Brings GPU-Optimized Solver Engine to the Cloud with Rescale
March 22, 2017
SAN FRANCISCO--(BUSINESS WIRE)--Rescale and EDEM are pleased to announce that the EDEM GPU solver engine is now available on Rescale’s ScaleX platform, a scalable, on-demand cloud platform for high-performance computing. The GPU solver, which was a highlight of the latest release of EDEM, enables performance increases from 2x to 10x compared
Independent, Third-Party Study Proves Whittaker Smart Care® TRIO Increases Productivity
March 22, 2017
NEW CASTLE, Pa.--(BUSINESS WIRE)--An independent, third party Time and Motion Study, performed by the American Institute for Cleaning Sciences, has concluded that the Whittaker Smart Care® Cleaning System increases productivity over traditional interim carpet cleaning methods. The study concluded that the Whittaker 20’’ TRIO can
NORMA Group achieves slight growth in sales in fiscal year 2016
March 22, 2017
MAINTAL, Germany--(BUSINESS WIRE)--NORMA Group, a global market leader in engineered joining technology, achieved slightly higher sales in fiscal year 2016. Sales rose by 0.6 percent in 2016 to EUR 894.9 million compared to the previous year (2015: EUR 889.6 million). The acquisition of Parker Hannifin’s Autoline business contributed EUR 3.5
Multi Packaging Solutions Enters into Letter of Intent to Acquire Paris Art Label Company, Inc.
March 22, 2017
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International (NYSE:MPSX) (“MPS”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare and multi-media markets announced today that they have signed a letter of intent to acquire the business of Paris Art Label Company, Inc. (“Paris
USD Discovery District Seeking Development Partner
March 22, 2017
SIOUX FALLS, S.D.--(BUSINESS WIRE)--The USD Discovery District, an 80-acre contemporary corporate and academic research park under development in Sioux Falls, today announced it is requesting statements of interest and qualifications to select a preferred development partner for one or more research and advanced manufacturing facilities. The
MLC CAD Systems Harnesses New 3D Printing Technology Through Markforged
March 22, 2017
AUSTIN, TX--(BUSINESS WIRE)--We are pleased to announce that Markforged 3D Printer products are now being sold and serviced by MLC CAD Systems. As a company dedicated to unbeatable service, customers can depend on MLC CAD Systems for end to end sales, support, education and materials on all Markforged printers. A full understanding of CAD design to
Schnitzer Announces Second Quarter Fiscal 2017 Preliminary Results and Earnings Date
March 22, 2017
PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today announced preliminary results for its second quarter ended February 28, 2017. Schnitzer expects second quarter earnings per share from continuing operations to be in the range of $0.37 - $0.40 and adjusted earnings per share to be in the range of $0.34 - $0.37.
Pilot Program Teaches Robots How to Make Carton Recycling More Efficient
March 22, 2017
DENVER--(BUSINESS WIRE)--In its ongoing efforts to advance food and beverage carton recycling, the Carton Council of North America announced today that it has been conducting a pilot program that uses artificial intelligence to improve the efficiency and effectiveness of carton recycling. Through a collaboration led by the Carton Council with two
GE Hitachi Nuclear Energy and Bechtel Form Decommissioning Alliance
March 22, 2017
WILMINGTON, N.C.--(BUSINESS WIRE)--GE Hitachi Nuclear Energy (GEH) and Bechtel today announced the formation of an alliance to offer decommissioning and dismantlement services for nuclear power plants in Germany and Sweden. The two companies have more than 100 years of combined nuclear industry experience and through the alliance will provide a
Molex High-Density Optical EMI Shielding Adapters Ease Space Constraints
March 22, 2017
LISLE, Ill.--(BUSINESS WIRE)--Molex will feature its new line of multi-port EMI adapters with internal laser protection shutters in Molex booth 3218 at the Optical Fiber Communications (OFC) Exposition, to be held March 21-23, 2017, at the Los Angeles (CA) Convention Center. The versatile adapters can support a variety of connector types including
Transphorm Introduces Its Silicon Valley Center of Excellence
March 22, 2017
GOLETA, Calif.--(BUSINESS WIRE)--Transphorm Inc., the leader in the design and manufacturing of JEDEC-qualified 650V gallium nitride (GaN) semiconductors, formally introduced its Silicon Valley Center of Excellence today. Established over the past year, the Center is Transphorm’s customer support initiative for high-voltage-GaN-based power
Standard Delta Expands Global Gas Business
March 22, 2017
HOUSTON--(BUSINESS WIRE)--Standard Delta (the “Company”), an energy and commodities firm with operations in the US, Europe and Asia, announced it is expanding its Supply & Sales Division to include physical trading operations in the Mideast. The Company has plans to open a regional office in Dubai, UAE, to support client growth in
PPG Makes Revised Proposal to Combine with AkzoNobel
March 22, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it made a revised proposal on March 20, 2017 to acquire Akzo Nobel N.V. (AKZA.AS; AKZOY) for €90.00 (cum dividend) per ordinary share, comprised of cash of €57.50 and 0.331 share of PPG common stock. This represents an increase of €7.00 per ordinary share from
Booz Allen Hamilton Wins $59M Contract to Provide Acquisition, Program, Contracts, Installation, and
March 22, 2017
MCLEAN, Va.--(BUSINESS WIRE)--Today’s complex environment demands our naval forces have access to enduring innovations and technology to accelerate the sharing of information, and improve readiness and capability. The Navy's Program Executive Office for Command, Control, Communications, Computers and Intelligence (PEO C4I) is tasked with
David Mayer Appointed Fluid Power VP and General Manager
March 22, 2017
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Distribution Group, the distribution segment of Kaman Corporation (NYSE:KAMN), today announced that David Mayer will become Vice President and General Manager of the Kaman Fluid Power (KFP) platform effective April 3, 2017. “Fluid Power has become an integral component of the Distribution Group and we
The Toyota Concept-i: Driving 2030
March 22, 2017
Ian Cartabiano received a degree in transportation design from Art Center in 1997, then moved south from Pasadena to Newport Beach, where he took a position at Calty Design Research in Newport Beach, Toyota’s U.S. design studio. And while he continues to keep his hand in at Art Center, as an instructor, he’s been nothing if not
Acushnet Holdings Corp. Announces Fourth-Quarter and Full Year 2016 Financial Results
March 22, 2017
FAIRHAVEN, Mass.--(BUSINESS WIRE)--Acushnet Holdings Corp. (NYSE:GOLF) (“Acushnet”) published its fourth-quarter and full year 2016 financial results on March 22, 2017. The results are available via the Acushnet Investor Relations (http://www.acushnetholdingscorp.com/ir) and the U.S. Securities and Exchange Commision
Cubic Receives $20 Million Award for Delivery of Portable Common Data Link Systems to US Navy’s
March 22, 2017
SAN DIEGO--(BUSINESS WIRE)--Cubic Mission Solutions (CMS), a business division of Cubic Corporation (NYSE: CUB), today announced a contract award worth more than $20 million from the U.S. Navy’s San Diego-based Space and Naval Warfare Systems Command (SPAWAR) for the development and delivery of Person-portable Common Data Link (PCDL) systems.
Kaiam Intends to Expand Manufacturing Capacity in the UK with the Acquisition of New Facility
March 22, 2017
NEWARK, Calif.--(BUSINESS WIRE)--Kaiam Corporation, a leader in advanced data center transceivers, today announced that it intends to acquire the manufacturing facilities of Compound Photonics (CP) in Newton Aycliffe in the UK. The acquisition includes investment by CP into Kaiam to further develop the facility. The agreement is subject to final
Golden Gate Capital Acquires Cole-Parmer
March 22, 2017
SAN FRANCISCO & VERNON HILLS, Ill.--(BUSINESS WIRE)--Golden Gate Capital, a leading private equity investment firm, today announced that it has completed the acquisition of Cole-Parmer (“the Company”) from private equity firm GTCR. Founded in 1955, Cole-Parmer is a leading designer, manufacturer, and distributor of specialty lab
Actuant Reports Second Quarter Results; Updates Fiscal 2017 Guidance
March 22, 2017
MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE: ATU) today announced results for its second quarter ended February 28, 2017. Highlights Consolidated sales were 2% below the comparable prior year quarter with acquisitions net of divestitures a 2% benefit and foreign currency rate changes a 1% headwind. Second quarter core sales were down 3%
First Priority GreenFleet Partners With Sacramento Metropolitan Air Quality Management District for
March 22, 2017
STOCKTON, Calif.--(BUSINESS WIRE)--First Priority GreenFleet, a national leader in clean transportation solutions, is partnering with the Sacramento Metropolitan Air Quality Management District (SMAQMD) to deploy 29 electric school buses and charging infrastructure throughout Sacramento County, including Twin Rivers, Elk Grove and Sacramento City
Philip Morris International Announces €300 Million Investment in Smoke-Free Product Manufacturing
March 22, 2017
LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today announced an investment of approximately €300 million to convert the cigarette factory of Papastratos, PMI’s affiliate in Greece, into a manufacturing plant for the tobacco sticks to be used with its smoke-free product IQOS.
Exclusive Promotion of China’s Most Popular Vacuum Cleaners by PUPPYOO
March 22, 2017
BEIJING--(BUSINESS WIRE)--China’s most popular robotic vacuum cleaner brand, PUPPYOO is offering a three-day promotion on six products with cutting-edge technology, for the e-commerce site AliExpress’ 7th Anniversary Sale. Since 1999, PUPPYOO has been the source of innovation with a series of technological firsts; they were the first to
Mitsubishi Electric Announces Dividend Policy for Fiscal 2017 (April 1, 2016-March 31, 2017)
March 22, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the current fiscal year ending March 31, 2017 (fiscal 2017). The company plans to pay a year-end dividend of 18 yen per share, as of the record date of March 31, 2017, with due consideration of performance and financial standing in fiscal
Kaiam and Corning Demonstrate Co-Packaged Photonic Interconnect (CoPPhI) for Terabit Chip
March 22, 2017
LOS ANGELES--(BUSINESS WIRE)--Kaiam Corp. and Corning Incorporated (NYSE:GLW) are showcasing an optical engine and single-mode fiber interface connector suitable for co-packaging with a 12.8 Tb/s switch chip at the 2017 Optical Fiber Communications Conference & Exhibition in the Los Angeles Convention Center this week. By converting high-speed
Sumitomo Electric Renews World Record of Lowest Loss Optical Fiber
March 22, 2017
OSAKA, Japan--(BUSINESS WIRE)--Sumitomo Electric Industries, Ltd.  (TOKYO:5802) (ISIN:JP3407400005) has set a new world record for the lowest loss of optical fiber, 0.1419 dB/km. As the demand for communication capacity is skyrocketing over the world, there have been increasing needs for improvement in the performance of optical communication