Monday, October 21, 2019
All News
Sterling Construction Company, Inc. Reports 2016 Fourth Quarter and Full Year Results
March 9, 2017
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or “the Company”) today announced financial results for the fourth quarter and full year ended December 31, 2016. Fourth Quarter 2016 Financial Results Compared to Fourth Quarter 2015: Revenues grew 10.4% to $168.3 million
Engility Reports Fourth Quarter and Full Year 2016 Results; Establishes 2017 Guidance
March 9, 2017
CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE: EGL) today announced financial results for the fourth quarter and full year ended December 31, 2016. CEO Commentary “2016 was a successful year for Engility as we significantly increased our book-to-bill ratio, hired key executives, reduced our cost of debt and implemented
Sterling Construction Company to Acquire a Leading Texas-Based Concrete Construction Company
March 9, 2017
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or the "Company”) today announced that it has signed a definitive agreement to purchase Denton, TX-based Tealstone Construction for approximately $85 million, subject to specified post-closing adjustments. Sterling plans to
Westlake Chemical Partners LP Filed Annual Report
March 9, 2017
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 with the Securities and Exchange Commission on March 7, 2017. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com, by selecting the
Horizon Global Reports Financial Results for the Fourth Quarter and Full Year 2016, Highlighted by
March 9, 2017
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today reported fourth quarter and full year financial results for 2016. During the fourth quarter, the Company completed the acquisition of Westfalia, adding world class brands and products
Daylight Solutions Signs Definitive Agreement with Leonardo DRS
March 9, 2017
SAN DIEGO--(BUSINESS WIRE)--Daylight Solutions, Inc. (Daylight), a world leader in mid-infrared lasers and systems based on its proprietary quantum cascade laser (QCL) technologies, along with Leonardo S.p.A., through its U.S. subsidiary Leonardo DRS, announced today that they have signed a definitive agreement in which Leonardo DRS will pay $150
Stratasys Releases Fourth Quarter and Full Year 2016 Financial Results
March 9, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, announced financial results for the fourth quarter and full year of 2016. Q4-2016 Financial Results Summary: Revenue for the fourth quarter of 2016 was $175.3 million, compared to $173.4 million for the
John Crane Marks 100-Year Anniversary March 9
March 9, 2017
CHICAGO--(BUSINESS WIRE)--Today, a century after the Crane Packing Company launched in Chicago, Illinois, John Crane is a global leader in solutions for process industries—and still makes enough of the company’s original products every year to reach nearly to the moon. “Our longevity is a testament to our people and our
SureWerx Named One of Canada’s Best Managed Companies for the Second Consecutive Year
March 9, 2017
VANCOUVER, British Columbia--(BUSINESS WIRE)--SureWerx, a leading supplier of tool, equipment and safety products for professional workers across North America, has been selected as one of Canada’s Best Managed Companies for the second successive year. Building upon its dynamic company culture and innovative strategic planning processes,
E.ON Expands Customer Solutions Business in the Netherlands
March 9, 2017
ESSEN, Germany--(BUSINESS WIRE)--E.ON has entered into a long-term partnership with Dow Benelux to build, own and operate a large gas-fired boiler plant for their largest production site in Europe, located in Terneuzen, the Netherlands. At site, Dow is producing chemical intermediates which are further processed for a variety of products in
PPG Confirms Proposal for AkzoNobel
March 9, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today confirmed that it made an attractive and comprehensive proposal to Akzo Nobel N.V. (AKZA.AS; AKZOY) on March 2, 2017, inviting AkzoNobel to enter into negotiations with PPG on a potential transaction to form a combined company, which AkzoNobel rejected. PPG continues to believe there is a strong
Atkore International to Present at J.P. Morgan Aviation, Transportation and Industrials Conference
March 9, 2017
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (NYSE: ATKR) (the “Company”) today announced that John P. Williamson, President and Chief Executive Officer, and James A. Mallak, Chief Financial Officer are scheduled to speak at the J.P. Morgan Aviation, Transportation and Industrials Conference in New York City on
Mitsubishi Electric Develops World's Smallest SiC Inverter for HEVs
March 9, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has developed a working model of an ultra-compact silicon carbide (SiC) inverter for hybrid electrical vehicles (HEVs) that is believed to be the world's smallest SiC of its type at just five liters volume. It also is believed to offer the world's highest
Fluor Announces Executive Transition Plan
March 9, 2017
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Peter Oosterveer, Fluor’s chief operating officer, will retire from the company effective March 31, 2017. In addition, the company announced that Biggs Porter, chief financial officer, has elected to retire by year-end. Oosterveer leaves the company after 28
Alliance for Food and Farming: Despite Low Produce Consumption Rates, Studies Showing Negative
March 9, 2017
WATSONVILLE, Calif.--(BUSINESS WIRE)--Despite fruit and vegetable consumption rates remaining low and peer reviewed studies showing that safety fears about pesticide residues result in low income consumers saying they would be less likely to purchase any produce, organic or conventional, the Environmental Working Group (EWG) continues to release
Pulse Electronics Power BU Releases New AEC-Q200 Qualified PA1005.XXXQNL Current Sense Transformer
March 9, 2017
SAN DIEGO--(BUSINESS WIRE)--Pulse Electronics Power BU, a leading provider of electronic components, is pleased to announce the release of its new AEC-Q200 qualified line of high frequency current sense transformers. The PA1005.XXXQNL series offers a low-profile EE5 SMD package with a 5.5mm height and a frequency range of 50kHz to 1MHz. "The new
U.S. Cutting Tool 2017 Consumption Rises 8.7% in January
March 9, 2017
January U.S. cutting tool consumption totaled $173.05 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
ASCO 617 Series SentronicLP Electronic Pressure Regulator for Low-Power Applications
March 9, 2017
The new ASCO Numatics 617 Series SentronicLP is a proportional electronic regulator for accurate pneumatic pressure control in applications with limited power supplies. 
Kadant Declares Cash Dividend
March 8, 2017
WESTFORD, Mass.--(BUSINESS WIRE)--Kadant Inc. (NYSE:KAI) announced that its Board of Directors approved an 11% increase to its quarterly cash dividend to stockholders to $0.21 per share to be paid on May 11, 2017 to stockholders of record as of the close of business on April 13, 2017. Future declarations of dividends are subject to Board approval
USD Partners LP Announces Fourth Quarter and Full Year 2016 Results
March 8, 2017
HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and twelve months ended December 31, 2016. Highlights with respect to the fourth quarter of 2016 include the following: Generated Net Cash Provided by Operating Activities of $16.0 million,
Orion Engineered Carbons to Attend Barclays Materials ROC Stars Conference
March 8, 2017
LUXEMBOURG--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance Carbon Black, today announced that members of its management team, including Jack Clem, Chief Executive Officer will be attending the upcoming Barclays Materials ROC Stars Conference on Wednesday, March 29th, 2017 at
HARMAN and the 1,000 Dreams Fund Partner to Support the Next Generation of Female Leaders in
March 8, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--In honor of International Women’s Day, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced a partnership with the 1,000 Dreams Fund, a national scholarship program for American girls aspiring to
Nortech Systems Reports Fourth Quarter and Year-End Results
March 8, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $29.0 million for the fourth quarter ended December 31, 2016, compared with net sales of $31.4 million for the fourth quarter of 2015. Net sales for the 2016 fiscal year
Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend
March 8, 2017
MELVILLE, N.Y.--(BUSINESS WIRE)--March 8, 2017-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on May 19, 2017, to shareholders of record at the close of business on April 19, 2017. The dividend is the Company’s
Comtech Telecommunications Corp. Announces Results for the Second Quarter of Fiscal 2017 and Updates
March 8, 2017
MELVILLE, N.Y.--(BUSINESS WIRE)--March 8, 2017-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2017 and updates its fiscal 2017 guidance. Fiscal 2017 Second Quarter Highlights Net sales for the three months ended January 31, 2017 were $139.0 million as
TerraVia Reports Fourth Quarter and Full Year 2016 Results
March 8, 2017
SAN FRANCISCO--(BUSINESS WIRE)--TerraVia (NASDAQ:TVIA), a next-generation food, nutrition and specialty ingredients company and pioneer in algae innovation, announced today results for the fourth quarter and full year ended December 31, 2016. “2016 proved to be a defining year for TerraVia in streamlining around food, nutrition and specialty
RealWear Wins Best Enterprise Solution at Wearable Technology Show 2017
March 8, 2017
LONDON & MILPITAS, Calif.--(BUSINESS WIRE)--RealWear, makers of the HMT-1, the first industrial head-mounted tablet, today announced its flagship product has been awarded “Best Enterprise Solution” at Wearable Technology Show 2017 in London, England. The annual awards “seek to recognize the excellence in wearable, smart device
Calvin Klein, Inc. Signs Women’s Empowerment Principles Charter of UN Women
March 8, 2017
NEW YORK--(BUSINESS WIRE)--Calvin Klein, Inc. announced today that it signed the Women’s Empowerment Principles, a joint initiative of UN Women and the UN Global Compact, comprising a set of seven areas in which businesses can take action to promote gender equality in the workplace, such as establishing high-level corporate leadership for
Leonard F. Leganza, Former Chairman, President & CEO, Passes
March 8, 2017
NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (the "Company" or “Eastern”) (NASDAQ:EML) announced today that Leonard F. Leganza, its former Chairman of the Board, and President & CEO of the Company passed away on Tuesday, March 7, 2017. Jim Mitarotonda, Chairman of the Board of Eastern, said, “Len was a wonderful man
Mouser Electronics Continues Sponsorship of Create the Future Design Contest
March 8, 2017
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the New Product Introduction leader that empowers innovation, is again a major sponsor of the Create the Future Design Contest, a challenge to engineers and students worldwide to create the next great thing. Mouser’s valued suppliers Intel® and Analog Devices, Inc.
ERI Awarded NAID Certification for Washington State Facility
March 8, 2017
SUMNER, Wash.--(BUSINESS WIRE)--ERI, the nation’s leading recycler of electronic waste and the world’s largest IT asset disposition (ITAD) and cybersecurity-focused hardware destruction company, announced today that it has successfully achieved AAA certification for data destruction from the National Association for Information
Coveris to Host Management Call to Discuss Fourth Quarter and Full-Year 2016 Results
March 8, 2017
CHICAGO--(BUSINESS WIRE)--Coveris Holdings SA management expects to host a conference call to discuss its fourth quarter and full-year 2016 financial results on Tuesday, March 21, 2017 at 9:00 am, Eastern. The results will be published on or before this date. The conference call number is 877-407-8031 (domestic) or 201-689-8031 (international). A
At INTERPHEX NYC, Adents and Microsoft to Jointly Present Adents Prodigi Cloud Serialization and
March 8, 2017
EAST WINDSOR, N.J.--(BUSINESS WIRE)--Adents, a leading provider of versatile and easily deployable serialization and track-and-trace software solutions, in collaboration with Microsoft, will introduce to the U.S. market Adents Prodigi, a new Cloud serialization and traceability solution. Adents Prodigi enters the market as the only Level 4
Automotive Parts Suppliers Slated to Gather for 24th Annual Conference
March 8, 2017
CLEVELAND--(BUSINESS WIRE)--More than 150 industry leaders are expected to attend the Automotive Parts Suppliers Conference, the premier event for companies supplying to the automotive industry, when it convenes for the 24th time in Troy, Michigan, on April 25-26, 2017. The annual event, hosted by the Precision Metalforming Association (PMA),
Paice: Ford Hybrids Made in Mexico May Be Banned from U.S.
March 8, 2017
BALTIMORE--(BUSINESS WIRE)--Paice, a pioneer in the development of hybrid vehicle technology, announced today that the U.S. International Trade Commission (ITC) has instituted a formal investigation into patent infringement claims against Ford Motor Co. If Paice prevails, all imports of Ford’s infringing hybrid cars (including the Fusion and
Rockwell Automation Joins Catalyst CEO Champions for Change Initiative
March 8, 2017
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation President and CEO Blake Moret, along with the heads of 40 other leading global companies, has committed to being a member of Catalyst CEO Champions for Change to do even more to drive change for gender equality in the workplace. The effort, developed by Catalyst — a global thought leader and
Local Roots Hits the Road to SXSW with World’s First Traveling Indoor Farm
March 8, 2017
LOS ANGELES--(BUSINESS WIRE)--Local Roots Farms will debut the world’s first traveling indoor farm at SXSW, March 11-15, 2017. Built inside a 40’ shipping container, the mobile farm uses a proprietary form of hydroponic technology to grow leafy greens equal to five acres of land, 365 days a year, with up to 99% less water than
Next Generation Car Company NIO: Visit Us in Austin During SXSW
March 8, 2017
SAN JOSE, Calif.--(BUSINESS WIRE)--NIO, the next-generation car company, invites Austin citizens and SXSW attendees to visit them at the Coppertank Event Center from March 10 to March 12. Come learn about NIO’s U.S. plans as well as its plans for an autonomous future. Last week, NIO announced that it had set a new autonomous lap record at
GE Additive Aggressively Transforming Concept Laser
March 8, 2017
BOSTON--(BUSINESS WIRE)--Less than three months after acquiring controlling ownership of Concept Laser GmbH of Germany, GE (NYSE: GE) is moving quickly to transform the pioneering additive manufacturing firm by expanding its headquarters, growing its employee base and support teams, and investing in next-generation additive equipment and materials.
Lane Bryant Celebrates Women in New International Women’s Day Video
March 8, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--For over 110 years, Lane Bryant, the most recognized specialty size apparel brand, has worked toward a world without labels, most recently through revolutionary body inclusive campaigns. Now, Lane Bryant is empowering women to celebrate the inspiring labels she gives herself with a new video released on
A3 Announces Finalists in Automate Launch Pad Startup Competition
March 8, 2017
ANN ARBOR, Mich.--(BUSINESS WIRE)--Today the Association for Advancing Automation (A3), the leading global advocate for the benefits of automating and producers of Automate 2017, announced the eight finalists in the Automate Launch Pad Startup Competition. The competition highlights the industry’s most innovative young companies in robotics,
CincyTech Announces Investment in Xact Medical
March 8, 2017
CINCINNATI--(BUSINESS WIRE)--CincyTech is pleased to announce investment in Xact Medical. The company’s Fast Intelligent Needle Delivery (FIND) system would give clinicians a device to more precisely, quickly and conveniently place an object such as a needle tip in the body, reducing uncomfortable and time consuming trial and error. Based on
Indxx LLC Launches the Indxx U.S. Infrastructure Development Index, Licensed to Global X Funds for
March 8, 2017
NEW YORK--(BUSINESS WIRE)--Indxx LLC is pleased to announce the launch of the Indxx U.S. Infrastructure Development Index (the “Index”). The Index has been licensed to New York-based ETF provider Global X Funds as the underlying benchmark for the Global X U.S. Infrastructure Development ETF (BATS: PAVE), which began trading today.
BIO is Now Accepting Nominations for its Fourth Annual Rosalind Franklin Award
March 8, 2017
WASHINGTON--(BUSINESS WIRE)--The Biotechnology Innovation Organization (BIO) began accepting nominations for its fourth annual Rosalind Franklin Award for Leadership in Industrial Biotechnology. Each year, this award is given to an outstanding woman in the industrial biotechnology sector who has made significant contributions to the
Uniroyal Global Engineered Products to Present at the 29th Annual ROTH Capital Partners Conference
March 8, 2017
SARASOTA, Fla.--(BUSINESS WIRE)--Uniroyal Global Engineered Products, Inc. (OTCQB: UNIR), a leading global provider of vinyl-coated fabrics and soft trim technologies serving the automotive, recreational, industrial, contract, hospitality and healthcare markets, announced today that the Company will participate in the 29th Annual ROTH Conference to
RPSEA Provides Department of Energy Benefits of 10 Year Oil & Gas Research Program
March 8, 2017
HOUSTON--(BUSINESS WIRE)--More than 170 projects managed by the Research Partnership to Secure Energy for America (RPSEA) generated over $150 billion in direct economic value from jobs, royalties and revenue, and yielded over $40 billion in environmental damage mitigation, the organization announced today. The economic findings were outlined in a
Addivant Announces Price Increases of Plastic Antioxidants
March 8, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Effective immediately or as contract terms allow, Addivant™, a global leader in polymer additives, is increasing the price of a selected number of Plastic Antioxidants by 5% to 15%, as a result of sharp increases in feedstock prices and energy costs. Products affected by the increase are ANOX®1315,
NorthEast Truck and Trailer Expands Into Dartmouth, Nova Scotia
March 8, 2017
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Utility Trailer Manufacturing Company, the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers, is pleased to announce that NorthEast Truck and Trailer has expanded its operations into Dartmouth,
State of Michigan Awards AGCO Equipment Purchasing Contract
March 8, 2017
DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, is pleased to announce the company has been granted a new multi-year, statewide contract with the State of Michigan Department of Technology, Management & Budget. Effective immediately, all eligible agencies will have
Kinestral Partners With Foxconn Subsidiary to Manufacture Halio™, the World’s Most Responsive
March 8, 2017
SOUTH SAN FRANCISCO, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--Kinestral Technologies, Inc., announced today that it has partnered with G-Tech Optoelectronics Corporation (GTOC), a subsidiary of the Foxconn Technology Group, to begin mass production of Halio, the world’s most responsive smart-tinting glass. Under the agreement, the two