Tuesday, October 16, 2018
All News
Trex Company Announces August 2017 Investor Conference Schedule
July 17, 2017
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, today announced its participation in the following investor conference:             Jefferies 2017 Industrials Conference
Rayonier Advanced Materials Reiterates Commitment to Acquire Tembec on Agreed Terms
July 17, 2017
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (the “Company” or “Rayonier Advanced Materials”) (NYSE: RYAM) today reaffirmed its commitment to acquire Tembec Inc. (“Tembec”) (TSX: TMB) on the terms previously agreed with Tembec. The Company believes that the previously announced
EnPro Industries Announces Date for Second Quarter Earnings Release and Conference Call
July 17, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) intends to release financial results for the second quarter of 2017 on Monday, July 31, 2017, before the open of trading on the New York Stock Exchange. The company will hold a conference call to discuss the results at 11:00 a.m. Eastern Time on Monday, July 31. Steve Macadam,
Gardner Denver Announces Second Quarter 2017 Earnings Release
July 17, 2017
MILWAUKEE--(BUSINESS WIRE)--Gardner Denver Holdings, Inc. (NYSE: GDI) will issue its second quarter 2017 earnings release after the market closes on Wednesday, August 2, 2017. Gardner Denver will also host a live earnings conference call to discuss the second quarter results on Thursday, August 3, 2017 at 7 a.m. (CDT). To participate in the call,
Proto Labs Launches On-Demand Manufacturing for Molded Production Parts, Opens Metrology Lab for
July 17, 2017
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--Digital manufacturing company Proto Labs (NYSE: PRLB) has always been known for its rapid injection molding prototyping services. Now, the company has added a suite of capabilities designed specifically to address the on-demand manufacturing needs of the low-volume, high-mix product segment. For years, there has
BASF Invests $40 million in Automotive Coatings in North America
July 17, 2017
The investments add capacity to the company’s production plants in Greenville, Ohio, and Tultitlan, Mexico. BASF is expanding its automotive coatings production in North America with investments of nearly $40 million over the next two years. The investments add capacity to the company’s production plants in Greenville, Ohio, and
Preparing Precision Turning for Industry 4.0
July 17, 2017
Much actionable information about the operation of a machine tool and the accessories that work with it can be contained in the machine’s CNC. This information, when connected to a wider in-house network and then made available outside the machine, can be analyzed to help make informed decisions about machine performance. This is at the heart
Your Investment Guide
July 17, 2017
Our monthly Gardner Business Index indicates that future capital spending plans continue to rise. This is a very positive sign that the moldmaking industry is entering the next “up cycle” in capital equipment spending. On top of that, the Purchasing Managers Index shows a significant upswing in manufacturing activity, based on new
Desktop Metal Closes $115 Million in Series D Funding
July 17, 2017
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, the company committed to making metal 3D printing accessible to manufacturers and engineers, today announced it has completed a $115 million Series D investment round to further accelerate the company’s rapid business growth and adoption of its end-to-end metal 3D printing systems. Since its
Kinder Morgan Announces Second Quarter ‘17 Earnings Webcast
July 17, 2017
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) announces the following webcast: What: Kinder Morgan Second Quarter ‘17 Earnings Results Webcast When: July 19, 2017, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet. Simply log on to the web at the above address. If
Post Capital Partners Announces the Sale of BHS Specialty Chemicals to DuBois Chemicals
July 17, 2017
NEW YORK--(BUSINESS WIRE)--Post Capital Partners today announced the sale of BHS Specialty Chemicals, a specialty chemical manufacturer and distributor focused on food safety and water treatment solutions, to DuBois Chemicals. DuBois, a portfolio company of The Jordan Company, L.P., is a developer and manufacturer of specialty chemicals solutions
Praxair Named to STOXX Global ESG Leaders Indices for Seventh Consecutive Year
July 17, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) has again been recognized as a leader in environmental, social and governance (ESG) practices by STOXX Ltd., a global index provider. The STOXX Global ESG Leaders Index is made up of a series of ESG indices, which are based on sustainability data provided by Sustainalytics, a global provider
Tel-Instrument Electronics Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2017
July 17, 2017
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (NYSE MKT: TIK), a leading designer and manufacturer of avionics test and measurement solutions, today reported its financial results for the fourth quarter and year ended March 31, 2017. Highlights
Orbital ATK Demonstrates Common Fuze for Medium Caliber Ammunition
July 17, 2017
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, gave a close up look at the effectiveness of the company’s common fuze capability for medium caliber ammunition fired from its Bushmaster® Chain Gun® family during a demonstration at the company’s Bushmaster User
Kaman Distribution Appoints Jeff Ames VP, GM – Automation
July 17, 2017
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Distribution Group, the distribution segment of Kaman Corporation (NYSE:KAMN) today announced the appointment of Jeff Ames as Vice President, General Manager of its Automation platform effective as of July 10, 2017. Kaman Distribution Group operates through three product platforms: Bearings & Power
Mitsubishi Electric Automation Now Offers 24/7 Technical Support
July 17, 2017
Mitsubishi Electric Automation Inc. (Vernon Hills, Illinois) has extended its service hours to provide customers with 24/7 technical support. These extended hours will be available through U.S. phone support for CNC machines and robots. The extended service hours are intended for emergencies that could result in costly downtime. “Providing
Church & Dwight to Acquire Waterpik for Approximately $1 Billion
July 17, 2017
EWING, N.J.--(BUSINESS WIRE)--Church & Dwight Co., Inc. (NYSE:CHD) has signed a definitive agreement to acquire Water Pik, Inc. (“Waterpik”), the market leader in water-jet technology in both oral water flossers and replacement showerheads, for approximately $1 billion in cash. The transaction, which is subject to regulatory
Braidy Industries Announces Board of Directors
July 17, 2017
ASHLAND, Ky.--(BUSINESS WIRE)--The Chairman and Chief Executive Officer of Braidy Industries, Craig T. Bouchard, today announced the full slate of the company’s Board of Directors. “Braidy Industries has had the great fortune to attract leadership, experience and accomplishment to our Board of Directors. Our directors will provide
CACI International to Release 4th Quarter and Year-End Results After Market Close on August 16, 2017
July 17, 2017
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) will issue its fourth quarter and year-end FY17 results at 4:15 pm Eastern Time on Wednesday, August 16, 2017. Following the release of this information, we have scheduled a webcast for Thursday, August 17, 2017 at 8:30 am Eastern Time. Members of our senior management team will
Breaking Down the Chevy Bolt
July 17, 2017
Sandy Munro and his team of engineers and costing analysts at Munro & Associates were contacted by UBS Research—an arm of the giant banking and investment firm—and asked whether it was possible to do a teardown and cost assessment of the Chevrolet Bolt EV. Blog Post: 7/17/2017 Gary S. Vasilash Editor-in-Chief, Gardner Business
“Unexpected” Consequences: Expert Discusses Impact of Lockout Tagout Standard Changes
July 17, 2017
The decision on July 18, 1996 by a federal appeals judge to vacate three citations against General Motors reverberates anew as interested parties await the fate of one word—unexpected—in a long-established standard. Blog Post: 7/17/2017 Tony Deligio senior editor, Plastics Technology Almost 21 years ago, Secretary of Labor Robert Reich,
StillClean Distillation System Reduces Hazardous Waste
July 17, 2017
StillClean is a system designed to reduce the hazardous waste generated at facilities.New Product Post: 7/17/2017 Edited by Bart Bishop Assistant Editor, Production Machining StillClean from OSI Environmental is a system designed to reduce the hazardous waste generated at facilities. It is a portable, onsite, solvent distillation system that
StillClean Distillation System Reduces Hazardous Waste
July 17, 2017
StillClean is a system designed to reduce the hazardous waste generated at facilities.New Product Post: 7/17/2017 Edited by Bart Bishop Assistant Editor, Production Machining StillClean is a system designed to reduce the hazardous waste generated at facilities. It is a portable, on site, solvent distillation system that recycles the solvent in one
General Cable Announces Review of Strategic Alternatives to Maximize Shareholder Value
July 16, 2017
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC), a leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, and communications markets, announced today that its Board of Directors has initiated a review of
American Cutting Edge Achieves a Million Cuts with SurfTech
July 16, 2017
American Cutting Edge of Centerville, Ohio is a leading industrial razor blade and knife supplier for various manufacturing needs.
Cabot Corporation Board Declares Dividend
July 14, 2017
BOSTON--(BUSINESS WIRE)--On Friday, July 14, 2017, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.315 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 8, 2017, to stockholders of record at the close of business on August 25, 2017. About
Atkore International Announces Third Quarter Fiscal Year 2017 Earnings Release Date and Conference
July 14, 2017
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of Electrical Raceway products primarily for the non-residential construction and renovation markets, today announced that the Company will release its Third Quarter Fiscal Year 2017 results before the market opens on
Actuant Announces Dividend
July 14, 2017
MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE: ATU) announced today that its Board of Directors has approved a cash dividend on the Company’s common stock. The Board declared an annual dividend of $0.04 per common share payable on October 16, 2017 to shareholders of record at the close of business on September 29, 2017. About
American Midstream Announces Extension of Open Season for Crude Oil Deliveries to Dakota Access
July 14, 2017
HOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “AMID”) announced today that the previously announced open season for crude oil deliveries to the Dakota Access Pipeline (“DAPL”) has been extended to 5 p.m. CT on July 31, 2017 to incorporate certain modifications requested
Lewis “Lou” Von Thaer Named President and CEO of Battelle
July 14, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle’s Board of Directors announced today that Lewis “Lou” Von Thaer has been selected as President and CEO of Battelle, the 9th CEO in the company’s 87-year history. Von Thaer, who has extensive leadership experience in diverse markets including engineering, intelligence, and other
CORRECTING and REPLACING Western Tool & Mold Adopts Stratasys' New 3D Printing Solution for
July 14, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Headline of release dated July 11, 2017 should read: Western Tool & Mold Adopts Stratasys' New 3D Printing Solution for Certifiable Aircraft Interior Components (instead of Western Tool & Mold Adopts Stratasys’ New FAA- and EASA-Certified 3D Printing Solution for Aircraft Interiors).
Gage Software Connects to CNC, Automates Tool Offset Updates
July 14, 2017
The Renishaw Equator flexible gage is now offered with intelligent process control (IPC) software, providing the functionality to fully automate tool offset updates in CNC manufacturing processes. IPC works with the existing software running on the Equator controller, using recent historical gaging data to determine process corrections. Options
The Five Reasons ERP Software Needs To Provide a Nesting Interface
July 14, 2017
In today’s highly competitive global markets, lean manufacturing is no longer a nice-to-have—it’s a way of life. Costs must be reduced, operations simplified and productivity improved on a continual basis, or business will be lost to competitors that do. Lean manufacturing starts with having an integrated ERP system to
CTS Corporation Announces Dates for Second Quarter 2017 Earnings Release and Conference Call
July 14, 2017
LISLE, Ill.--(BUSINESS WIRE)--CTS Corporation (NYSE: CTS) will release earnings for the second quarter 2017 at approximately 8:00 a.m. (EDT) on Thursday, July 27, 2017. A conference call to discuss second quarter financial results with management is scheduled for Thursday, July 27, 2017 at 11:00 a.m. (EDT). The dial-in number for the U.S. is
World’s First Driverless Electric Racing Car Makes U.S. Debut in New York City
July 14, 2017
NEW YORK--(BUSINESS WIRE)--Roborace, the global championship of intelligence and technology, is hosting a special showcase of Robocar, the world’s first driverless electric racing car, in Times Square in New York City today. The exhibition, located on Broadway between 45th and 46th Streets, kicks off Roborace’s weekend at the inaugural
Pep Boys Adds to National Automotive Service Network with AutoMaster Acquisition
July 14, 2017
PHILADELPHIA--(BUSINESS WIRE)--Pep Boys, a wholly-owned subsidiary of Icahn Automotive Group LLC, announced it has acquired AutoMaster Service Center in Southington, Connecticut. “AutoMaster Service Center has been servicing the Southington community for nearly 20 years and is a key addition for Pep Boys as we increase our service center
First Look at the 2018 Honda Accord
July 14, 2017
“We are redefining the Honda Accord for a new generation of buyers by bringing something unexpected that challenges the idea of what a mainstream sedan can be.” That’s Jeff Conrad, senior vice president of the Automobile Div. of American Honda Motor Co., Inc., talking about the 10th generation, 2018 Accord that was unveiled today
Fives Landis Opening Tech Center in Maryland
July 14, 2017
Fives Landis Corp., a manufacturer of precision grinding machines and grinding accessories, will open a new technology center at its headquarters in Hagerstown, Maryland, near Washington D.C. At 6,000 square feet, the new R&D and demo facility will feature systems including Landis-Bryant ID/OD grinders, Landis centerless grinders and the
Hyosung Chairman Cho Hyun-joon Supports Global Market; Marketing Stepped Up in Europe with Sofileta
July 14, 2017
SEOUL, South Korea--(BUSINESS WIRE)--Hyosung Group (KOSPI:004800), a leading textile manufacturer, announced a partnership with French textile mill Sofileta to strengthen its presence in European market. Hyosung Group Chairman Cho Hyun-joon in an inauguration ceremony in January emphasized building business competences to the highest level in the
Materion Corporation Conference Call Scheduled
July 14, 2017
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will hold its quarterly conference call on Thursday, July 27, 2017, at 9:00 a.m. Eastern Time to review second quarter 2017 results. Jugal Vijayvargiya, President and Chief Executive Officer; Joseph Kelley, Vice President, Finance and Chief Financial Officer; and Stephen
H&E Equipment Services to Acquire Neff Corporation to Create Leading Equipment Rental Company
July 14, 2017
BATON ROUGE, La. & MIAMI--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ: HEES) and Neff Corporation (NYSE: NEFF) today announced that they have entered into a definitive merger agreement under which H&E Equipment Services (“H&E”) will acquire Neff Corporation (“Neff”). Under the terms of the
CDK Global and NAMAD Announce “Fueling Careers” Scholarship Winners
July 14, 2017
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq:CDK), along with the National Association of Minority Automobile Dealers (NAMAD), today announced the recipients of its inaugural “Fueling Careers” Scholarship Program. Five high school seniors were awarded scholarships in the amount of $10,000, enabling each to take their
CIRCOR International to Announce Second-Quarter Financial Results on July 28
July 14, 2017
BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (NYSE: CIR) today announced that it will release its second-quarter 2017 financial results before market-open on Friday, July 28, 2017 and management will host a conference call that morning at 9:00 a.m. ET. To listen to the live conference call and view the accompanying presentation
PROHT Ultrasonic Cleaning Tanks Extend Transducer Life
July 14, 2017
The PROHT ultrasonic cleaning tanks powered by 2K Platform Neptune, SweepSonic, and MultiSonic ultrasonic generators.New Product Post: 7/14/2017 Edited by Bart Bishop Assistant Editor, Production Machining Blackstone-Ney Ultrasonics, a division of Cleaning Technologies Group LLC, introduces its PROHT ultrasonic cleaning tanks powered by 2K Platform
HFD4 Cleanliness Analysis System Measures and Categorizes Contamination
July 14, 2017
Jomesa Measurement Systems’ HFD4 (High Focal Depth) Cleanliness Analysis System for reporting to ISO 16232 and VDA19.1 is a fully-automated particle analysis system for measuring, counting and categorizing contamination on filter membranes.New Product Post: 7/11/2017 Edited by Bart Bishop Assistant Editor, Production Machining Jomesa
Amerimold: Moldmaking's Biggest Show Captures Current Metalworking Technology
July 14, 2017
Many of the emerging developments and key trends in metalworking technology were represented at this show, making it a revealing cross-section of current advances. Blog Post: 6/23/2017 Mark Albert Editorial Director, Modern Machine Shop Although the Amerimold event is primarily targeted to manufacturing companies involved in plastic injection
HEICO CEO Laurans A. Mendelson Named to French Legion of Honor
July 14, 2017
PARIS & MIAMI--(BUSINESS WIRE)--HEICO Corporation (NYSE: HEI)(NYSE: HEI.a) today reported that Emmanuel Macron, President of the République Française, named Laurans A. Mendelson, HEICO’s Chairman and Chief Executive Officer, a “Chevalier” in the French Legion of Honor. Clement LECLERC, France’s Consul
MIC to Conduct Conference Call and Webcast Covering Second Quarter 2017 Financial Results Thursday,
July 14, 2017
NEW YORK--(BUSINESS WIRE)--MIC (Macquarie Infrastructure Corporation) (NYSE: MIC) has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Thursday, August 3, 2017 during which management will discuss the Company’s financial results for the second quarter of 2017. MIC intends to publish a press
Porsche Racing to the Future
July 14, 2017
Porsche is part of VW Group and it is one of the companies that is involved in putting vehicles on the U.S. market with diesel engines in violation of EPA emissions regulations, specifically model year 2013–2016 Porsche Cayenne Diesel 3.0-liter V6 models. In some ways, it seems, this whole diesel imbroglio has had a silver lining in that
Extrusion Training Firm Turns Art to Science
July 14, 2017
You’ve likely heard of Scientific Molding, particularly if you are a regular reader of John Bozzelli’s monthly Injection Molding Know-How columns in Plastics Technology. Now, make way for “Scientific Extrusion.” Blog Post: 7/14/2017 Jim Callari Editorial Director/Associate Publisher, Plastics Technology Braulio Polanco, a