Sunday, December 15, 2019
All News
Mississippi State University, International University of Rabat Honored by Institute of
January 27, 2017
WASHINGTON--(BUSINESS WIRE)--Moroccan American Center for Policy (MACP) —The Institute of International Education (IIE) honored Mississippi State University (MSU) on Monday with an Andrew Heiskell Award for Innovation in International Education for its partnership with Morocco’s International University of Rabat (UIR). In 2015, the two
Back to the Future: Ford Vehicle Owners Can Easily Upgrade 2010 – 2016 Vehicles to Have
January 27, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--Millions of current Ford customers stand to benefit from Ford SmartLink, a technology that enables connectivity features normally only available on new modem-equipped vehicles. Using a simple device that plugs into the OBD II port below the steering wheel, Ford SmartLink will give customers who own 2010 –
Horizon Global Announces Pricing of Offerings of Common Stock and Convertible Senior Notes
January 27, 2017
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN) (“Horizon Global” or the “Company”) today announced that it priced its previously announced separate registered public offerings of 4,000,000 shares of its common stock (the “Common Stock”) (or up to an aggregate of 4,600,000 shares of Common
REV Group, Inc. Announces Pricing of Initial Public Offering
January 27, 2017
MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at the initial public offering price of $22.00 per share (the “Offering”). In addition, certain selling stockholders have granted the underwriters for the Offering an option to purchase up to
Humanetics Designs an Elderly Crash Test Dummy to Better Protect Vulnerable Drivers
January 27, 2017
PLYMOUTH, Mich.--(BUSINESS WIRE)--Developments over the past decades have resulted in very advanced dummies like THOR and WorldSID for frontal and side impact applications. Like their predecessors however, these dummies are still based on anthropometry of what was considered a “healthy, average” adult mid-size male and small female
2017 Eurocoke Summit to Convene in Dusseldorf, Germany from 25-26 April
January 26, 2017
LEATHERHEAD, England--(BUSINESS WIRE)--More than 100 key stakeholders from the coke, coal and steel industries will convene upon Dusseldorf, Germany 25-26 April 2017 to attend the 13th edition of Smithers Apex’ Eurocoke Summit (www.eurocokesummit.com). Eurocoke Summit has long been regarded as the best event to learn about the latest
Bemis Company Reports 2016 Results and 2017 Outlook
January 26, 2017
NEENAH, Wis.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE:BMS) today reported financial results for its fourth quarter ending December 31, 2016. Refer to the reconciliation of Non-GAAP measures detailed in the attached schedule, including adjusted earnings per share and adjusted EBITDA, referenced in this release.   SUMMARY OF THE QUARTER AND
Masse Steps Down as Coveris CEO
January 26, 2017
CHICAGO--(BUSINESS WIRE)--Gary Masse, Coveris Chief Executive Officer, has stepped down as CEO of the company effective January 24, 2017. During Gary’s tenure, Coveris demonstrated strong productivity growth, integrated eight acquisitions and invested aggressively to position the company for growth. Gary has decided the time is right to hand
Martin Marietta Materials, Inc. to Broadcast Fourth Quarter and Full Year 2016 Conference Call Live
January 26, 2017
RALEIGH, N.C.--(BUSINESS WIRE)--Martin Marietta Materials, Inc. (NYSE:MLM) today announced that it will provide an online Web simulcast of its fourth quarter and full year 2016 earnings conference call on Tuesday, February 14, 2017. The Company will release results for the fourth quarter and year ended December 31, 2016, that morning before the
Milacron Holdings Corp. Announces Allocation of Term Loan Facility
January 26, 2017
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastic processing industry, today announced that its wholly owned subsidiary, Milacron LLC, received notice that its new $947.0 million term loan facility with a maturity of September 28, 2023 has been allocated to lenders.
Praxair Declares 24th Consecutive Annual Dividend Increase in First Quarter 2017
January 26, 2017
DANBURY, Conn.--(BUSINESS WIRE)--The board of directors of Praxair, Inc. (NYSE:PX) has declared a 5% increase in the company’s quarterly dividend to 78.75 cents per share, payable on March 15, 2017, to common shareholders of record as of March 7, 2017. The ex-dividend date is March 3, 2017. “Our employees continued to execute on our
Trinseo and Sumitomo Chemical Enter into Share Transfer Agreement Regarding Polycarbonate Joint
January 26, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo Holding B.V., a wholly owned subsidiary of Trinseo S.A. (NYSE: TSE), and Sumitomo Chemical Co., Ltd, have signed a definitive agreement for Trinseo to sell all of its 50 percent share in their Sumika Styron Polycarbonate (SSPC) joint venture to Sumitomo Chemical for an undisclosed price. Sumika Styron
Berry Plastics Announces Election and Proration Results Relating to its Merger with AEP Industries
January 26, 2017
EVANSVILLE, Ind.--(BUSINESS WIRE)--Today, Berry Plastics Group, Inc. (NYSE: BERY) announced the results of elections as to the form of merger consideration to be received by the former stockholders of AEP Industries Inc. (AEP). As previously announced, the merger was effective on January 20, 2017. The merger was consummated in accordance with the
Dow Reports Fourth Quarter and Full-Year Results
January 26, 2017
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW): Fourth Quarter 2016 Highlights Dow reported a loss of $0.03 per share, or operating earnings per share of $0.99(1). This compares with earnings per share of $2.94 in the year-ago period, or operating earnings per share of $0.93. Operating earnings per share grew 6 percent versus
Surface Solutions Group to Showcase New Controlled Environment Facility for Medical Device Coatings
January 26, 2017
CHICAGO--(BUSINESS WIRE)--Surface Solutions Group, LLC (SSG), an industry leading automated applicator of PTFE and other non-stick coatings used in the medical device industry, will be ‘telling their clean story’ in a new video debuting in Booth #1492 at the Medical Design & Manufacturing Conference & Expo (MD&M West) in
EPA Approves Little Sioux Corn Processors for Cellulosic Ethanol using Edeniq’s Technology
January 26, 2017
VISALIA, Calif.--(BUSINESS WIRE)--Edeniq, Inc., a leading cellulosic and biorefining technology company, and Archer Daniels Midland Company (“ADM”) today announced that the U.S. Environmental Protection Agency (“EPA”) has approved Little Sioux Corn Processors’ (“Little Sioux”) registration of its 150
Implanet Announces Global Marketing Clearance of the New JAZZ FRAME®
January 25, 2017
BORDEAUX, France & BOSTON--(BUSINESS WIRE)--Regulatory News: IMPLANET (Paris:IMPL) (OTCQX:IMPZY) (Euronext: IMPL, FR0010458729, PEA-PME eligible; OTCQX: IMPZY), a medical technology company specializing in vertebral and knee-surgery implants, today announces that it has been given the green light by the American and European authorities,
MHI to Expand A/C Production Structure at Thai Joint Venture MACO
January 25, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Heavy Industries, Ltd. (MHI) Group company, Mitsubishi Heavy Industries Thermal Systems, Ltd. (MTH) is expanding the production structure at Mitsubishi Heavy Industries-Mahajak Air Conditioners Co., Ltd. (MACO), its joint venture company in Thailand to manufacture and sell household and commercial-use air
Greater Washington Partnership Announces Jason Miller as CEO
January 25, 2017
WASHINGTON--(BUSINESS WIRE)--The new Greater Washington Partnership (Partnership) announced today that it has chosen Jason Miller as the organization’s first chief executive officer. Miller will begin his tenure as CEO on April 1, 2017 and report to the Partnership’s Board of Directors. Miller most recently served at the White House as
Owens Corning Recognized as World Leader in Sustainability Performance by RobecoSAM
January 25, 2017
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE:OC) has been recognized as one of the world’s most sustainable companies for the fourth consecutive year by sustainability investment specialist RobecoSAM. This recognition earned Owens Corning placement in RobecoSAM’s 2017 Sustainability Yearbook. Owens Corning’s score –
HanesBrands Announces 36% Increase in Regular Quarterly Cash Dividend
January 25, 2017
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading marketer of everyday basic apparel under world-class brands in the Americas, Europe, and Asia-Pacific, today announced that its Board of Directors is raising the company’s quarterly cash dividend by 36 percent, the fourth consecutive double-digit annual increase since
PVH Corp. to Acquire Tommy Hilfiger Men’s Tailored Clothing Business for North America from
January 25, 2017
NEW YORK--(BUSINESS WIRE)--PVH Corp. (NYSE:PVH) announced today that it has entered into an agreement to acquire the licensed Tommy Hilfiger men’s tailored clothing business for North America from Marcraft Clothes, Inc. Marcraft operates the business under license from Tommy Hilfiger Licensing LLC, a wholly owned subsidiary of PVH. As part of
Nashville Fashion Alliance Releases Economic Impact Survey
January 25, 2017
NASHVILLE, Tenn.--(BUSINESS WIRE)--The Nashville Fashion Alliance (NFA) released an economic impact study today, outlining the current scale and projected growth of the fashion industry in the Nashville area. According to the report, Nashville is poised to become a key player in the national fashion industry. The analysis shows the projected
Consumer Energy Alliance Applauds Trump Administration Pipeline Decisions
January 25, 2017
WASHINGTON--(BUSINESS WIRE)--Consumer Energy Alliance (CEA) today commended President Donald Trump for signing a pair of Executive Orders that will allow the construction of the Keystone XL and Dakota Access pipelines to move forward, both of which will safely deliver the resources U.S. families and businesses need to drive down costs. In the case
Carton Recycling Reaches Major Milestone
January 25, 2017
DENTON, Texas--(BUSINESS WIRE)--The Carton Council of North America is proud to announce that 60 percent of U.S. households are able to recycle food and beverage cartons through their local recycling programs. This is an important milestone because food and beverage carton recycling is now available to a substantial majority of consumers and,
Multiple Apartment Complexes Choose Packcity Intelligent Parcel Lockers
January 25, 2017
BROOKFIELD, Wis.--(BUSINESS WIRE)--ProShip, Inc., a Neopost company, today announced that multiple apartment complexes have installed Packcity Intelligent Parcel Lockers, a convenient parcel pick-up solution to handle the steady increase in residential parcel deliveries. Packcity Intelligent Parcel Lockers are an automated electronic locker system
Rescale Opens Munich Office to Support EMEA Market Growth, Third Location in Global Expansion
January 25, 2017
MUNICH--(BUSINESS WIRE)--Rescale Inc., the San Francisco-based global leader in cloud high-performance computing (HPC), recently opened an office in Munich, Germany to accommodate rapid growth in Europe, the Middle East, and Africa (EMEA). This will be the third location in the company’s global expansion, having opened an office in Tokyo,
IDT to Host Financial Analyst Day on February 7, 2017
January 25, 2017
SAN JOSE, Calif.--(BUSINESS WIRE)--Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI) today announced that the company will host its Financial Analyst Day at the Peninsula Hotel in New York, NY on February 7, 2017. IDT’s executive management team will deliver presentations regarding the company's products, corporate strategy, and
Optima Specialty Steel, Inc. Receives Court Approval to Access $40 Million Under New Credit Facility
January 25, 2017
MIAMI--(BUSINESS WIRE)--Optima Specialty Steel, Inc. (together with its subsidiaries, collectively, the “Company” or “OSS”) today announced that it received approval from the United States Bankruptcy Court for the District of Delaware (the “Court”) to enter into an immediate credit facility providing up to $40
Liquidmetal® to Purchase New Manufacturing Facility
January 25, 2017
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Liquidmetal® Technologies, Inc. (OTCQB: LQMT) announced today that on January 18, 2017, Liquidmetal Technologies, Inc. (the “Company”) entered into an agreement for the purchase of an approximately 41,000-square-foot building located in Lake Forest, California for approximately $7.8M.
CEMEX Subsidiary Announces Successful Offer and Take-over Bid of Trinidad Cement Limited
January 25, 2017
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE:CX) announced today that its indirect subsidiary Sierra Trading (“Sierra”), having received the Foreign Investment License from the Trinidad and Tobago Ministry of Finance, disclosed today that all terms and conditions of the offer made pursuant to the
Triumph Awarded $52 Million Contract from Rolls Royce for Trent XWB Engine Components
January 25, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) finalized an eight-year agreement with Rolls Royce to supply thrust links for the Trent XWB engine program. Triumph Precision Components will deliver the first components in 2019 following a two-year development period in which Triumph Integrated Systems will perform structural tests for
Graña y Montero Will Fulfill All Its Financial Obligations
January 25, 2017
LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company,” “the Group” or “Graña y Montero”) a leading Engineering and Construction company, announced today that after the Ministry of Energy and Mines terminated the Peruvian Southern Gas Pipeline concession
Mitsubishi Electric Develops Ultra-thin Robot for Power Generator Inspection
January 25, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has developed a 19.9-millimeter-thin inspection robot capable of inspecting a power generator by passing through the narrow gap between the rotor and stator, eliminating the need to remove the rotor. The robot reduces the cost and time of inspections and
Pritzker Group Private Capital Hires Services Team Investment Partner
January 25, 2017
CHICAGO--(BUSINESS WIRE)--Pritzker Group Private Capital today announced that Ryan Roberts has joined as investment partner and co-head of the group’s growing services team, which focuses on investing in and operating companies in various industries within the services sector. Roberts joins the investing and operating teams at Pritzker Group
Rockwell Automation Reports First Quarter 2017 Results
January 25, 2017
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2017 first quarter sales of $1,490.3 million, up 4.5 percent from $1,426.6 million in the first quarter of fiscal 2016. Organic sales grew 3.8 percent. Currency translation reduced sales by 1.1 percentage points, and acquisitions contributed 1.8 percentage
Engility to Present at the Noble Capital Markets’ Thirteenth Annual Investor Conference
January 25, 2017
CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE: EGL) today announced that Wayne Rehberger, Senior Vice President and Chief Financial Officer, will present at the NobleCon13 - Noble Capital Markets’ Thirteenth Annual Investor Conference in Boca Raton, Florida on Monday, January 30, 2017, at approximately 9:30 a.m. Eastern
Plains All American Announces Agreements to Acquire Permian Basin Gathering System for $1.2 Billion
January 25, 2017
HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE:PAA) today announced it had entered into definitive agreements to acquire a Permian Basin crude oil gathering system for approximately $1.2 billion. PAA also announced it had entered into definitive sales agreements totaling $380 million, which includes two pending transactions
3M Offers Guidance and Resources to Mobile Workers on Data Privacy Day
January 25, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--Four out of five mobile workers say they’ve caught someone looking over their shoulder at their laptop screen in a public space.1 This low-tech threat, known as visual hacking, is a growing concern as more workers are accessing confidential company information outside of the office in public spaces. To help
Griffon Corporation Schedules Conference Call to Discuss First Quarter 2017 Financial Results
January 25, 2017
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) announced today that it will release the Company’s fiscal first quarter financial results Tuesday, January 31, 2017, followed by a conference call at 8:30 AM ET. The call can be accessed by dialing 1-888-455-2308 (U.S. participants)
Sensient Declares Dividend
January 25, 2017
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.30 per share. The cash dividend will be paid on March 1, 2017, to shareholders of record on February 7, 2017. Sensient Technologies Corporation is a leading global manufacturer
Celanese Announces General Counsel Gjon Nivica’s Departure
January 25, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces that its General Counsel, Gjon Nivica, has announced his plan to leave the company during the first quarter of 2017. “For the past eight years, Gjon has steered the company through significant litigation matters while
Hexion Inc. Announces Proposed $200 Million Debt Offering
January 25, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (the “Company”) announced today that it is proposing to issue $200 million aggregate principal amount of new senior secured notes due 2022 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the
CEMEX and GCC Announce Offering to Sell up to 23% Stake in Grupo Cementos de Chihuahua
January 25, 2017
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) and Grupo Cementos de Chihuahua, S.A.B. de C.V. (“GCC”) (BMV: GCC*) announced today that they will commence offerings that are expected to include an aggregate of up to 76,483,332 shares of common stock (the “Shares”) of Grupo Cementos
Volvo Trucks North America + Mack Trucks Choose Redline Detection High Pressure HD PowerSmoke as an
January 25, 2017
LAS VEGAS--(BUSINESS WIRE)--Redline Detection, the industry leader in heavy duty diagnostic leak detection equipment, today announced they have been chosen by Volvo Trucks North America and Mack Trucks to provide essential equipment that will be used to service Volvo and Mack branded trucks at all of the company’s world-class dealer network
Efficient Drivetrains, Inc. (EDI) Extends Solution Offering with EV and PHEV Vehicle Development
January 25, 2017
MILPITAS, Calif.--(BUSINESS WIRE)--Efficient Drivetrains, Inc. (EDI), a global leader in advanced high-efficiency zero emissions hybrid and electric vehicle drivetrain solutions today announced the creation of a hybrid and electric vehicle center of excellence focused on the development of EV and PHEV commercial vehicles for its customers in North
Axalta AquaEC 6100 Receives NSF-51 Standards Certification in North America
January 25, 2017
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that its AquaEC™ 6100 cathodic epoxy e-coat primer is NSF-51® Standard certified after meeting the strict requirements for products used to manufacture food equipment and related materials.
Ford Hires Musa Tariq as Vice President, Chief Brand Officer
January 25, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company today announces the hiring of leading brand expert Musa Tariq as vice president and chief brand officer as part of its expansion to an auto and a mobility company and its drive to go further in connecting and engaging with today’s consumers. Tariq, 34, is elected a Ford Motor Company
Horizon Global Announces Preliminary Unaudited 2016 Financial Results
January 25, 2017
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced that the Company is providing its preliminary results for the full year 2016, excluding the impact of Westfalia, as well as updating its guidance regarding expected
Horizon Global Announces Proposed Offerings of Common Stock and Convertible Senior Notes
January 25, 2017
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN) (“Horizon Global” or the “Company”) today announced that it intends to offer and sell, subject to market and other conditions, 3,500,000 shares of common stock (the “Common Stock”) (or up to an aggregate of 4,025,000 shares of Common Stock if