Tuesday, December 10, 2019
All News
Nearly Half of U.S. Adults Do Not Have Information on Recycling Available to Them
December 30, 2016
WASHINGTON--(BUSINESS WIRE)--According to a new survey released by the Institute of Scrap Recycling Industries (ISRI), and conducted online by Harris Poll, more than 103 million Americans1 over the age of 18 must rely on their own devices to figure out what can and cannot be recycled, information about the recycling process, and other details about
Huazhang Technology Proposes to Acquire Headbox Business in the PRC
December 30, 2016
HONG KONG--(BUSINESS WIRE)--Huazhang Technology Holding Limited (“Huazhang” or the “Group”, stock code: 1673) is pleased to announce that, Zhejiang Huazhang Technology Limited, an indirectly wholly-owned operating subsidiary of the Company, entered into a LOI with a third party, in relations to the Possible Acquisition of
Yuk Wing Group Holdings Limited to Raise a Maximum of Approximately HK$120 Million from Public
December 30, 2016
HONG KONG--(BUSINESS WIRE)--Highlights The leading manufacturer and supplier of DTH rockdrilling tools in Hong Kong, which provides technical rockdrilling solutions for customers. A majority of the tools are self-designed, with other equipment and machinery sourced from third parties for customers depending on their rockdrilling needs. During the
Metal Fabrication Companies Expand in Southeastern and Midwestern States
December 30, 2016
Our monthly roundup of manufacturing expansions, mergers, and acquisitions by state.
Will Trump Be Manufacturing's President?
December 30, 2016
National Manufacturer Association's leadership look ahead into the incoming Trump administration.
Phillips 66 to Announce Fourth-Quarter Financial Results
December 29, 2016
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) executive management will host a conference call webcast at noon EST on Friday, Feb. 3, to discuss the company’s fourth-quarter 2016 financial results, which will be released earlier that day, and provide an update on strategic initiatives. To access the webcast, go to the
General Cable Resolves Ongoing SEC and DOJ Investigations
December 29, 2016
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE:BGC) today announced that it has entered into agreements with the U.S. Securities and Exchange Commission (“SEC”) and the U.S. Department of Justice (“DOJ”) that bring to a conclusion those agencies’ respective investigations relating to the U.S.
Sparx Hockey Announces New Partnership and NHL Player Investor
December 29, 2016
ACTON, Mass.--(BUSINESS WIRE)--Sparx Hockey, the Massachusetts-based inventors of the Sparx® Skate Sharpener, announces a new partnership with the National Women’s Hockey League (NWHL) and financial backing from current NHL player Thomas Vanek. The Sparx Sharpener is an affordable, automated product that allows anyone, anywhere, with no
Poll: Americans Tend Not to Believe What They Hear About Recycling
December 29, 2016
WASHINGTON--(BUSINESS WIRE)--Regardless of fact or fiction, a new survey released by the Institute of Scrap Recycling Industries (ISRI) and conducted online by Harris Poll, shows U.S. adults do not accept common statements made about the recycling industry to be true. When presented a series of statements, four truths and four myths, and asked if
Increased Demand from APAC to Boost the Global Acetylene Gas Market Through 2021, Says Technavio
December 29, 2016
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global acetylene gas market is expected to grow at a CAGR of close to 3% during the forecast period. This research report titled ‘Global Acetylene Gas Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging
Mobile Virtual Reality Headsets Will Represent More than 75% of Total VR Head-Mounted Display
December 29, 2016
BOULDER, Colo.--(BUSINESS WIRE)--As virtual reality (VR) becomes more pervasive in the consumer market, and adoption and awareness begin to increase significantly, a new report from Tractica finds that it is mobile VR that is leading the charge and giving many users their first taste of a new way of experiencing games and media. Tractica estimates
Dual-Action PAC Keeps Workers Comfortable in Extreme Work Environments
December 29, 2016
Dual-Action  Personal  Air  Conditioners  (PACs)  from  Vortec  keep  workers  comfortable  and  productive  in  either  hot  or  cold  working  conditions. 
Global Intelligent All-wheel Drive System Market to Witness Growth Through 2020, Owing to Growing
December 28, 2016
LONDON--(BUSINESS WIRE)--The global intelligent all-wheel drive (IAWD) system market is expected to grow at a CAGR of approximately 29% during the period 2016-2020, according to Technavio’s latest market research. In this research report, Technavio covers the outlook and growth prospects of the global IAWD system market for 2016-2020. The
CF Industries Announces Completion of Port Neal, Iowa, Capacity Expansion Project
December 28, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that the new ammonia and urea plants at the company’s Port Neal, Iowa, Nitrogen Complex have been successfully commissioned and started-up, marking the completion of the company’s capacity expansion projects. The ammonia plant, which began
Avnet Touch Display and IIoT Designs Recognized in EDN Hot 100 Products of 2016
December 28, 2016
PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced that two Avnet-designed solutions introduced in 2016 have been recognized as “Top 100 Hot Products” by EDN magazine and its readers. Selected for their innovation, reader interest and overall technical value were: the
Pulse Electronics Power BU Announces Instructional Articles for Power Magnetics Product Finder
December 28, 2016
SAN DIEGO--(BUSINESS WIRE)--Pulse Electronics Power BU, a leading provider of power magnetics components, has launched a new product finder tool to provide increased functionality and value to engineering, CTO, and professional clients with a faster parts search experience. To support ease of use and navigation of the Product Finder Tool, Pulse
Ford Debuts Next-Generation Fusion Hybrid Autonomous Development Vehicle; Car to First Appear at CES
December 28, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company is introducing its next-generation Fusion Hybrid autonomous development vehicle, just in time for CES and the North American International Auto Show in January. The new vehicle uses the current Ford autonomous vehicle platform, but ups the processing power with new computer hardware. Electrical
New XFT 2500speed for Highest Fineblanking Requirements
December 28, 2016
The  reinforced  model  of  the  XFT  2500speed  press  offers  an  effective  solution  for  the  special  challenges  in  fineblanking  production  and  sets  new  standards. 
Autonomous Vehicles: Savior and Threat
December 28, 2016
Many truly autonomous vehicles are unmanned mobile robots prowling everywhere from the ocean depths to nuclear power stations, the upper atmosphere and outer space.
Predicting the range of droplet sizes for sticky fluids
December 28, 2016
New method from MIT determines distribution of droplet sizes for wide range of sticky fluids.
Sintavia Announces ISO 17025 Accreditation
December 27, 2016
DAVIE, Fla.--(BUSINESS WIRE)--Sintavia, LLC, the global independent leader for metal Additive Manufacturing (AM) services, announced today that its metallurgical laboratory had received ISO 17025 accreditation by the American Association for Laboratory Accreditation (A2LA). ISO 17025 is the highest recognized quality standard in the world for
NIPTE is Partner in Newly Announced National Biopharmaceutical Manufacturing Institute
December 27, 2016
MINNEAPOLIS--(BUSINESS WIRE)--The National Institute for Pharmaceutical Technology and Education, Inc. (NIPTE) is part of the newly created public-private partnership called National Institute for Innovation of Manufacturing Biopharmaceuticals (NIIMBL). Its formation was announced by U.S. Secretary of Commerce Penny Pritzker on December 16, 2016.
SYLVANIA Smart Home Introduces Apple HomeKit-enabled Hub Free Bulb
December 27, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--LEDVANCE continues to advance light by announcing the HomeKit-enabled SYLVANIA Smart Multicolor A19 bulb that can be easily controlled via Siri and Apple’s Home app without a separate hub. Installation is easy. All you need to do is screw in the Bluetooth-enabled bulb in your favorite lamp, sync it with the
Stratasys Announces Appointment of Lilach Payorski to CFO
December 27, 2016
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today announced the appointment of Lilach Payorski, currently Stratasys’ Senior Vice President of Corporate Finance, to Chief Financial Officer, effective January 1, 2017, succeeding Erez Simha in
BWXT Awarded $35 Million Contract to Develop and Fabricate Payload Module Launch Tubes for
December 27, 2016
LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has received two competitively bid awards (development and fabrication) under a single contract for Virginia Payload Module (VPM) launch tubes. The contract was awarded by General Dynamics Electric Boat to
Customized Electronic Pressure Controllers for OEM Use from Alicat Scientific
December 27, 2016
Alicat Scientific has added two new families of electronic pressure controllers specifically for high volume original equipment manufacture.
TEDA – Leading the Way for China’s Industrial Transformation
December 26, 2016
TIANJIN, China--(BUSINESS WIRE)--China faces a historic challenge. It is moving from making large quantities of simple items for export at great cost to the environment to becoming a global leader in innovation, high-end manufacturing and product design. It is doing this because the country is no longer cheap enough for low-end manufacturing to
Toshiba's e-STUDIO5005AC Earns Buyers Laboratory's "Highly Recommended" and "Highly Reliable"
December 26, 2016
TOKYO--(BUSINESS WIRE)--Toshiba Tec Corporation (TOKYO:6588) today announced that its latest colour Multi-function peripherals (MFP), the e-STUDIO5005AC received the Buyers Laboratory LLC’s (BLI) “Highly Recommended” and “Highly Reliable” rating. BLI is the leading independent analytical information provider, and from
New Compact Right-Angle, Flange-Mounted Planetary Gearbox
December 26, 2016
Neugart USA's new compact right-angle, flange-mounted WPLFE gearbox is for applications with tight space constraints and powerful torque requirements. 
6 Ways to Hardwire Your Culture to Surprise and Delight Customers
December 26, 2016
Customers are resigned to hearing no. Here's how to infuse your culture with the know-how to consistently surprise the customer with yes.
Halliburton Announces Regulatory Filing in Connection with Potential Acquisition
December 24, 2016
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE:HAL) announced today that it has made a filing with the Federal Antimonopoly Service of Russia (FAS) in connection with a potential acquisition of an interest in Novomet Oil Services Holding Limited, an international artificial lift company focusing primarily on electrical submersible pumps.
Steel Partners Amends Definitive Agreement To Acquire Remaining Shares of Steel Excel
December 23, 2016
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE:SPLP), a diversified global holding company, today announced it has entered into an amendment to its definitive agreement to acquire the 36% of Steel Excel Inc. (OTCPK:SXCL) that it does not own. Under the agreement, as amended, Steel Partners will commence an exchange offer to acquire
Flowserve Amends “Shareholder of Record Date” for Recently Announced Quarterly Cash Dividend
December 23, 2016
DALLAS--(BUSINESS WIRE)--Flowserve Corporation, (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, amends its “shareholder of record date” to January 3, 2017 for its recently announced quarterly cash dividend of $0.19 per share on the company's outstanding shares of common
Tel-Instrument Electronics Corp. Announces Dismissal of Summary Judgement Motion
December 23, 2016
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“Tel” or “Company”) (NYSE MKT:TIK) announced today that it was informed that the Kansas Judge has rejected the Company’s summary judgment motion. The court has not issued a written order explaining the decision and, as such, we are unable to
Textron to Release Fourth Quarter Results on January 25, 2017
December 23, 2016
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2016 financial results on Wednesday morning, January 25, 2017. Textron’s 2016 fiscal year ends on December 31, 2016. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will
PPG Reaches Agreement with Knauf for Sale of Plaka Plasterboard Business
December 23, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has reached a definitive agreement to sell the assets of its Mexico-based Plaka plasterboard and cement-board business to Knauf International GmbH. The transaction is expected to close in the first half of 2017, subject to regulatory approvals and other customary closing
Arlington Capital Partners Announces the Acquisition of Molecular Products
December 23, 2016
WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, today announced the acquisition of Molecular Products Group, Ltd. (“Molecular Products” or the “Company”). Headquartered in Harlow, Essex, U.K., Molecular Products is a leading manufacturer
H.I.G. Capital Announces a Strategic Investment in Royo Group
December 23, 2016
MADRID--(BUSINESS WIRE)--H.I.G. Europe (“H.I.G.”), the European arm of global private equity firm H.I.G. Capital, announced today that it has completed a significant equity investment in Royo Group, a multinational company specialising in bathroom furnishings and appliances. Terms were not disclosed. Royo Group currently has 650
Flex-N-Gate Makes Binding Offer to Acquire Seven Plants in Europe
December 23, 2016
URBANA, Ill.--(BUSINESS WIRE)--Flex-N-Gate Group today delivered a binding offer to Plastic Omnium to acquire seven Plastic Omnium plants in Europe – four in France, one in Spain and two in Germany – as part of a divestiture required by the European Commission following Plastic Omnium’s recent acquisition of Faurecia Auto
Atkore International Group Inc. Announces Closing of Refinancing Transaction
December 23, 2016
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (NYSE: ATKR), a leading manufacturer of Electrical Raceway products primarily for the non-residential construction and renovation markets and Mechanical Products & Solutions for the construction and industrial markets, today announced the closing of the previously announced
Sorbates Regulatory Consortium Formed
December 23, 2016
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced it has initiated and will lead a Regulatory Consortium formed of Sorbate industry stakeholders and producers. The objective of the Regulatory Consortium is to conduct a toxicological study to generate new and robust
First Production Conforming Scorpion Jet Completes Successful First Flight
December 23, 2016
WICHITA, Kan.--(BUSINESS WIRE)--Textron AirLand, LLC, a Textron Inc. (NYSE:TXT) company, today announced the successful maiden flight of the first production conforming Scorpion jet. This program milestone closely follows the recent successful weapons capability exercise on the prototype Scorpion completed in early October. The Scorpion jet is a
Blendex U Turbo™ Blending Disc Eases Finishing Applications in Hard-to-Reach Areas
December 23, 2016
Walter Surface Technologies' new Blendex U™ Turbo blending disc enhances blending and finishing processes in metalworking shops.  
Survey Points to Moderate Growth in Plastics Manufacturing
December 23, 2016
Significant Growth in Thermoforming and Minor Dip in Domestic Plastics Manufacturing Observed
Smith-Midland Corporation Declares Special Dividend
December 22, 2016
MIDLAND, Va.--(BUSINESS WIRE)--The Smith-Midland Corporation (OTCQX: SMID) announced that the Board of Directors declared a special dividend of $0.01 per share to be paid on January 13, 2017 to shareholders of record as of December 30, 2016. While the special dividend is less than the dividends of the last four years, Smith-Midland Corporation is
Intrepid Announces Sale of A330-300
December 22, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation confirmed today the sale of one (1) Pratt & Whitney powered A330-300 aircraft on December 22nd to Floreat Aviation MSN 1518 Limited, for which Doric will act as Asset Manager for the aircraft going forward. The aircraft was acquired new by Intrepid in April 2014 and delivered under long-term
Cintas Corporation Announces Fiscal 2017 Second Quarter Results
December 22, 2016
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today reported results for its second quarter of fiscal year 2017 which ended November 30, 2016. Revenue for the second quarter was $1.30 billion, an increase of 6.4% over last year’s second quarter. The organic growth rate, which adjusts for the impacts of acquisitions and
Rudolph Announces Ruling in Patent Reexamination Appeal by Camtek
December 22, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Rudolph Technologies, Inc. (NYSE: RTEC) announced today that the U.S. Court of Appeals for the Federal Circuit has issued a ruling regarding Camtek Ltd.’s requested reexamination of Rudolph’s U.S. Patent No. 7,729,528. The ‘528 patent is the subject of Rudolph’s patent infringement lawsuit
Textron Elects Ralph D. Heath to Board of Directors
December 22, 2016
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) ("Textron") announced that Ralph D. Heath has been elected to the company's Board of Directors, effective January 1, 2017. Heath is the retired Executive Vice President—Aeronautics of Lockheed Martin Corporation, a global security and aerospace company. "We are extremely pleased to
Nexcelle’s innovative nacelle system is certified with CFM International’s LEAP-1C engine for
December 22, 2016
CINCINNATI--(BUSINESS WIRE)--This week’s certification of the LEAP-1C engine and its Nexcelle-developed nacelle system marks a key milestone for the Safran/General Electric joint venture in pioneering a new generation of integrated propulsion systems. The CFM International LEAP-1C will power China’s COMAC C919 jetliner, and includes the