Monday, December 16, 2019
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Aviation Capital Group Announces Lease Agreement with LOT Polish Airlines for Three New Boeing
January 31, 2017
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group Corp. (“ACG”), announced today that it has signed long-term lease agreements with LOT Polish Airlines for three new B787-9s. These aircraft are from ACG’s order book commitment with Boeing. The first aircraft is expected to be delivered in March 2018. "ACG is delighted
BAE Systems to Modernize USS Roosevelt Under $51 Million Navy Contract
January 31, 2017
JACKSONVILLE, Fla.--(BUSINESS WIRE)--The U.S. Navy has awarded BAE Systems a $51.3 million contract for the maintenance and modernization of the USS Roosevelt (DDG 80), an Arleigh Burke-class guided missile destroyer. The full value could reach $68.4 million if all options are exercised. Under the competitively awarded, depot maintenance
United States Air Force Selects PTC Service Parts Management to Optimize Its Supply Chain
January 31, 2017
NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (NASDAQ: PTC) today announced that the United States Air Force (USAF) has selected the PTC Service Parts Management (SPM) SaaS solution to deliver integrated supply chain planning and enhance weapon systems support at Air Force Sustainment Center (AFSC) locations around the globe. PTC SPM SaaS is part of the
Crystal Financial Provides Acquisition Financing for Model N
January 31, 2017
BOSTON--(BUSINESS WIRE)--Crystal Financial LLC, an independent commercial finance company, announced its investment in a $50.0 million Term Loan Facility for Model N, Inc. (NYSE: MODN). Based in Redwood City, CA, and founded in 1999, the Company is a provider of cloud-based revenue management solutions to life sciences, technology and manufacturing
JAKKS Announces Retirement of $27.59 Million of Company’s 2018 Convertible Senior Notes
January 31, 2017
SANTA MONICA, Calif.--(BUSINESS WIRE)--JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced that the Company has agreed, with a holder of its Convertible Senior Notes due in 2018, to exchange $27.59 million face amount of such notes for 2.0 million shares of its common stock and approximately $17.1 million in cash. After such exchange the balance of
Hoya Announces Third Quarter Financial Results
January 31, 2017
TOKYO--(BUSINESS WIRE)--Hoya Corporation (TOKYO:7741) today announced financial results for the third quarter ended December 31, 2016. During the quarter, revenues for the HOYA Group amounted to 122,594 million yen, decreasing 4.0% compared with the same period last year. Pre-tax profit amounted to 32,475 million yen, and profit for the quarter was
A New Season of BizWireTV Premieres on Thursday, February 2nd and will Feature New Host and
January 31, 2017
NEW YORK--(BUSINESS WIRE)--Business Wire announces Thursday, February 2nd as the premiere date for the new season of BizWireTV. The video news program, featuring stories on disruptive startups and technologies, is undergoing several key changes for the upcoming season, including the addition of new host, Jordyn Rolling. “We are excited about
Mity Inc. Acquires Holsag Canada to Expand Newly Formed Healthcare Division and Broaden MityLite’s
January 31, 2017
OREM, Utah--(BUSINESS WIRE)--Mity Inc., the MityLite parent company, today announced the acquisition of Holsag Canada, a privately owned manufacturer of chairs and casegoods focused on the senior living, healthcare, education, and hospitality markets. Mity will expand its footprint and product capability in the global commercial furniture
2016 Breaks Records for North American Robot Orders and Shipments
January 31, 2017
ANN ARBOR, Mich.--(BUSINESS WIRE)--The Robotic Industries Association (RIA), the leading advocate in North America for safety and innovation in robotics, announced today that in 2016 the North American robotics market broke all-time records for orders and shipments. During the year, 34,606 robots valued at approximately $1.9 billion were ordered in
Jacobs Unveils Connected Enterprise Framework to Enable Digital Transformation
January 31, 2017
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) today unveiled its Connected Enterprise, a suite of integrated capabilities and solutions to enable digital transformation. Jacobs Connected Enterprise (JCE) provides clients the capability to connect, protect and analyze operational systems and data. JCE spans several core
Xerium Technologies Granted Patent for EnerVent Roll Cover Venting Technology
January 31, 2017
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Xerium Technologies, Inc. (NYSE: XRM), a leading producer of fabrics and roll covers used in the production of paper and packaging, nonwovens, and other industrial manufacturing processes, announced today that the US Patent and Trademark Office (USPTO) has granted patent number 9,488,217 for its EnerVent roll
City of Leon Valley, Texas Selects Southwest Engineers for Water Project
January 31, 2017
GONZALES, Texas--(BUSINESS WIRE)--Southwest Engineers, Inc., a full-service civil and environmental engineering consulting firm, today announced the City of Leon Valley, Texas has joined the customer roster. Southwest Engineers was hired to prepare construction documents and provide bidding assistance and design engineering services to update the
Nordson ASYMTEK Exhibits Innovative Technologies for Dispensing and Conformal Coating Systems at IPC
January 31, 2017
CARLSBAD, Calif.--(BUSINESS WIRE)--Nordson ASYMTEK, a Nordson company (NASDAQ: NDSN), will exhibit its latest and most popular technologies for fluid dispensing, jetting, conformal coating, and hot bar soldering in booth 1611 at the IPC APEX tradeshow, in San Diego, California, being held February 14-16, 2017. ASYMTEK is joining its sister Nordson
Griffon Corporation Announces First Quarter Results
January 31, 2017
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the first fiscal quarter ended December 31, 2016. Revenue was $467.1 million, a decrease of 5% from the prior year quarter. Home & Building Products (“HBP”) revenue increased 1%, while Telephonics
ExxonMobil Earns $7.8 Billion in 2016; $1.7 Billion During Fourth Quarter
January 31, 2017
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):   Fourth Quarter   Twelve Months 2016   2015 % 2016   2015 % Earnings Summary (Dollars in millions, except per share data) Earnings 1,680 2,780 -40 7,840 16,150 -51 Earnings Per Common Share Assuming Dilution 0.41 0.67 -39 1.88 3.85 -51   Capital and
AdvanSix to Release Fourth Quarter Financial Results and Hold Its Investor Conference Call on
January 31, 2017
MORRIS PLAINS, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE:ASIX) will issue its fourth quarter and full year 2016 financial results before the opening of The New York Stock Exchange on Friday, March 3. The company will also hold a conference call with investors at 9:00 a.m. ET. Conference Call Details To participate on the conference call, dial (866)
Reichhold Announces Price Increase for Unsaturated Polyester Resins and Vinyl Ester Resins Sold in
January 31, 2017
DURHAM, N.C.--(BUSINESS WIRE)--Reichhold announced a price increase today on all unsaturated polyester resins and vinyl esters. The selling price increase applies to all products sold in the United States and Canada and is effective for all orders shipped on or after February 17, 2017. Isophthalic acid based unsaturated polyester resins sold in
G&K Services Reports Fiscal 2017 Second Quarter Results
January 31, 2017
MINNEAPOLIS--(BUSINESS WIRE)--G&K Services, Inc. (NASDAQ: GK) today reported operating results for the second quarter of its fiscal year 2017, which ended on December 31, 2016. Second quarter revenue grew 0.4 percent to $244.1 million, compared to $243.1 million in last year’s second quarter. Earnings per diluted share were $0.46,
Continental Building Products Sets Date for Fourth Quarter and Full Year 2016 Earnings Release and
January 31, 2017
HERNDON, Va.--(BUSINESS WIRE)--Continental Building Products, Inc. (NYSE:CBPX), a leading manufacturer of wallboard and gypsum-based products, announced today that the Company will release fourth quarter and full year 2016 financial results after the market closes on Thursday, February 23, 2017. A conference call will be held that same day at 5:00
Anixter International Inc. Reports Fourth Quarter 2016 Results
January 31, 2017
GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (NYSE: AXE) today reported sales of $1.9 billion for the quarter ended December 30, 2016, a 3.2% increase compared to the prior year quarter. Organic sales increased 4.0% year-over-year excluding the impact of the following items: $6.1 million favorable impact from the higher average price
TEP Enhances Service Reliability with New, Developing Energy Storage Systems
January 31, 2017
TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power (TEP) is enhancing the resiliency of the local electric grid with three innovative energy storage facilities. A subsidiary of NextEra Energy Resources of Juno Beach, Fla., recently completed construction of a 10-MW lithium nickel-manganese-cobalt energy storage system at a TEP substation near
CenterOak Partners Acquires Aakash Chemicals
January 31, 2017
DALLAS--(BUSINESS WIRE)--CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced that it has completed a majority investment in Aakash Chemicals and Dye-Stuffs, Inc. (“Aakash Chemicals” or the “Company”). Based in Glendale Heights, Illinois, Aakash Chemicals is a value-added
Tradition Energy Opens New Office in Chicago
January 31, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Tradition Energy, the nation’s largest full-service energy management and procurement advisor to mid- to large-sized companies and governmental organizations, today announced the opening of a new office in Chicago to support the company’s significant growth in the Midwestern U.S. Region and to focus on
PACCAR Achieves Very Good Annual Revenues and Profits
January 31, 2017
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq: PCAR) reported very good annual revenues and profitability in 2016. PACCAR achieved its 78th consecutive year of net income,” said Ron Armstrong, chief executive officer. “PACCAR’s financial results reflect the company’s premium-quality products and services, increased
KYOCERA Announces Consolidated Financial Results for Nine Months Ended Dec. 31, 2016
January 31, 2017
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced its third-quarter financial results for the fiscal year ending March 31, 2017. The results are summarized below, both as an aggregation of Kyocera’s first three fiscal quarters (the “period,” i.e., nine months ended Dec. 31, 2016), and as the
ADM Reaches Agreement for Sale of Crop Risk Services Business to Validus
January 31, 2017
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell its Crop Risk Services (CRS) business to Validus Holdings, Ltd. (Validus) (NYSE: VR) for $127.5 million, subject to certain working capital and balance sheet adjustments. The deal includes a marketing services agreement
PacSci EMC and Partner, Pyroalliance, Win Contract for Space Satellite Constellation Project
January 31, 2017
CHANDLER, Ariz.--(BUSINESS WIRE)--PacSci EMC and Pyroalliance, a subsidiary of Airbus Safran Launchers have been selected by RUAG Space AB to provide the Payload Release and Sequencing System (PRSS), a critical component to release satellites into space for a satellite constellation project. RUAG is the prime contractor for the payload dispenser
3D Printing 2017, Additive Manufacturing Technology Exhibition, Brings You the Latest Information on
January 31, 2017
TOKYO--(BUSINESS WIRE)--JTB Communication Design, Inc. will be holding “3D Printing 2017” – the Cutting Edge 3D Printing Technologies exhibitions, now in its 3rd year – on February 15, 2017, at the Tokyo Big Sight convention center in Japan. 78 organizations (including over 37 first-time exhibitors) from 6 countries and
Ascend Performance Materials Announces Global Price Increase for All Vydyne® Brand Polymers
January 31, 2017
HOUSTON--(BUSINESS WIRE)--Ascend Performance Materials announced today a global price increase for all of its Vydyne® branded polymers. The price increase takes effect February 1, or as contracts allow and includes the following price changes:                           Materials
Emerson Issues Update Regarding Sale of Leroy-Somer and Control Techniques to Nidec Corp
January 31, 2017
ST. LOUIS--(BUSINESS WIRE)--A news release about the closing of the sale of its Leroy-Somer and Control Techniques businesses to Nidec Corporation was mistakenly issued at 4:15 p.m. Eastern time today. The sale is still expected to be completed as planned. Please adjust your coverage accordingly. About Emerson Emerson (NYSE: EMR), headquartered in
BizVibe Textile and Apparel News: Vietnam’s Textile and Apparel Industry Expects a Bright 2017
January 31, 2017
LONDON--(BUSINESS WIRE)--Vietnam’s textile and apparel industry has long been one of the most important contributors to the country’s export-oriented economy. Despite undergoing rapid transformations and facing different challenges in the sector, Vietnam still holds its position as one of the leading textile and apparel suppliers in the
Packaging Corporation of America Reports Fourth Quarter and Full Year 2016 Results
January 31, 2017
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2016 net income of $111 million, or $1.17 per share and $1.23 per share excluding special items. Fourth quarter net sales were $1.5 billion in 2016 and $1.4 billion in 2015. Full year 2016 earnings were $450 million, or $4.75 per share and
IDEX Reports Fourth Quarter and Full Year Results; Q4 Orders up 10 Percent with Sales up 6 Percent
January 31, 2017
LAKE FOREST, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three- and twelve- month periods ended December 31, 2016. 2016 Highlights Orders were up 6 percent for the year and 10 percent in the fourth quarter Sales were up 5 percent for the year and 6 percent in the fourth quarter Reported EPS was
Triumph Selected by Textron Aviation for Cessna Citation Longitude Program Components
January 31, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) was selected by Textron Aviation Inc. to supply aluminum machined parts for the new Cessna Citation Longitude super-midsize aircraft. Triumph Precision Components’ Complex High Speed Center of Excellence based in Wichita will produce the aluminum spars and wing skins for the
Marrone Bio Innovations and Nufarm Join Forces to Improve Crop Productivity and Sustainability for
January 31, 2017
DAVIS, Calif.--(BUSINESS WIRE)--Marrone Bio Innovations (MBI), Inc. (NASDAQ:MBII) and Nufarm Australia Limited announced today the signing of a commercial agreement to develop GRANDEVO® Bioinsecticide, with Nufarm to be the exclusive distributor in Australia and New Zealand (ANZ). Grandevo is a new generation product that helps growers
Growing Importance of Adhesive Dentistry to Boost the Medical Adhesives and Sealants Market Through
January 31, 2017
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global medical adhesives and sealants market is expected to grow at a CAGR of more than 9% during the forecast period. This research report titled ‘Global Medical Adhesives and Sealants Market 2017-2021’ provides an in-depth analysis of the market
APAC to Generate Maximum Incremental Growth in the Global Defoaming Coating Additives Market Through
January 31, 2017
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global defoaming coating additives market is expected to grow at a CAGR of more than 6% during the forecast period. This research report titled ‘Global Defoaming Coating Additives Market 2017-2021’ provides an in-depth analysis of the market in
Graco Reports Record Fourth Quarter and Full-Year Sales
January 31, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the quarter and year ended December 30, 2016.   Summary $ in millions except per share amounts Quarter Ended   Year Ended Dec 30,   Dec 25,   % Dec 30,   Dec 25,   % 2016 2015 Change 2016 2015 Change Net Sales $ 349.1 $ 325.6 7 % $
Crane Co. Reports 2016 Results, Provides 2017 Guidance, and Extends Asbestos Liability Estimate
January 31, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered industrial products, reported a fourth quarter 2016 GAAP net loss of $1.09 per share, compared to earnings of $1.11 per diluted share in the fourth quarter of 2015. Fourth quarter 2016 results include an after-tax net asbestos provision of $125
Crane Co. Declares First Quarter Dividend
January 31, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.33 per share for the first quarter of 2017. The dividend is payable on March 9, 2017 to shareholders of record as of the close of business on February 28, 2017. Crane Co. is a
CVD Announces Expansion Plans for Tantaline in US
January 31, 2017
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ:CVV), a leading provider of chemical vapor deposition systems, announced today that its CVD Materials Corporation subsidiary plans to open a US facility for expansion of the corrosion resistant coating services currently offered through its Tantaline CVD ApS subsidiary in
Celanese Announces Acetaldehyde Price Increase in Europe
January 31, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for acetaldehyde in Europe. The price increase below will be effective February 1, 2017, or as contracts allow.     Product       Europe        
Rayonier Advanced Materials Reports Full Year 2016 Results
January 31, 2017
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported full year 2016 net income of $73 million, or $1.55 per diluted common share compared to $55 million, or $1.30 per diluted common share in 2015. Full year 2016 pro forma net income was $67 million, or $1.43 per diluted common
Emerson Completes Sale of Leroy-Somer and Control Techniques to Nidec Corp
January 31, 2017
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced that it has completed the sale of its Leroy-Somer and Control Techniques business units to Nidec Corporation for a purchase price of $1.2 billion. “This transaction marks another step in our strategic portfolio repositioning to align our businesses for long-term growth,”
Ford Brings ‘Go Further’ and Auto and Mobility to Life with New FordHub Brand Experience Studio
January 31, 2017
NEW YORK--(BUSINESS WIRE)--Ford is expanding its efforts to connect with consumers – some who never have done business with the company before – through the opening of its first-ever FordHub interactive brand experience studio in New York City and a new ad for Super Bowl LI. To view Ford’s Super Bowl advertisement, click
KMG Announces Acquisition of Sealweld
January 31, 2017
FORT WORTH, Texas--(BUSINESS WIRE)--KMG (NYSE: KMG), a global provider of specialty chemicals, today announced it has agreed to acquire on February 1 privately-owned Sealweld, an innovative leader in the industrial lubricants market, for US$17.4 million (C$22.6 million) in cash, including estimated net working capital of approximately US$4.5
Lamps Plus Expands Warehouse Footprint with $7.1 Million Building Purchase
January 30, 2017
LOS ANGELES--(BUSINESS WIRE)--Lamps Plus, Inc., announced today an expansion of its warehouse presence in Redlands, Calif., with the acquisition of a 57,000 square-foot building next to its existing 800,000 square-foot facility. The company acquired the new facility, which was built in 2006, from Precision Pet Products for $7.1 million. The new
Top 3 Trends Impacting the Global Animation Collectibles Market Through 2021: Technavio
January 30, 2017
LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global animation collectibles 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
Materion ProIRTM Filters Allow Rapid R&D Prototyping
January 30, 2017
WESTFORD, Mass.--(BUSINESS WIRE)--Materion Precision Optics, a Materion Corporation (NYSE:MTRN) business, is announcing a new line of ProIRTM filters which will be offered in a range of wavelengths to meet individual customer needs. There is a growing demand in the infrared sensing market to quickly turnaround state-of-the-art high performance
Eos Energy Storage and Northern Power Systems Partner to Supply Integrated Battery Storage Solutions
January 30, 2017
SAN DIEGO--(BUSINESS WIRE)--DistribuTECH 2017 [Booth #1247] – Eos Energy Storage (“Eos”) and Northern Power Systems Corp. (TSX:NPS) today announced a strategic partnership to develop and offer integrated energy storage systems (ESS) for utilities and commercial/industrial customers. The initiative combines the safe, ultra-low cost