Thursday, August 22, 2019
All News
Peterbilt Announces FlowBelow Fairing System Available for Model 579 Tractors
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the FlowBelow Tractor AeroKit™ rear fairing system for the Model 579, beginning Q2 2017. FlowBelow Aero Inc. reports customers have achieved more than a two-percent increase in fuel savings through the use of the innovative system. “The FlowBelow Tractor AeroKit rear fairing system
Peterbilt Model 579 Achieves New Levels of Fuel Efficiency and Driver Comfort
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt has announced enhancements to the Model 579 EPIQ package that deliver an eight percent fuel economy improvement for the 2018 model year. Peterbilt’s Model 579 EPIQ is available with the fuel-efficient PACCAR MX-13 and MX-11 engines and is paired with the Fuller Advantage automated transmission to
Peterbilt Introduces Allison TC10® Transmission in Models 567 and 579
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the availability of the Allison TC10® fully automatic transmission on Models 567 and 579 later this year. The Allison TC10 is designed for tractor applications, such as regional and line-haul, and features a twin-countershaft design optimized for engine downspeeding and fuel economy. The
Peterbilt Launches Factory-Backed MX Engine Warranty for Red Oval Program
March 22, 2017
DENTON, Texas--(BUSINESS WIRE)--Peterbilt announces the introduction of the PACCAR Engine Pre-Owned Warranty for Peterbilt Red Oval-certified truck customers. The warranty, which is offered and administered through Peterbilt dealers and PACCAR Financial Used Truck Centers, provides best-in-class protection for the MX engine and aftertreatment
EDEM Brings GPU-Optimized Solver Engine to the Cloud with Rescale
March 22, 2017
SAN FRANCISCO--(BUSINESS WIRE)--Rescale and EDEM are pleased to announce that the EDEM GPU solver engine is now available on Rescale’s ScaleX platform, a scalable, on-demand cloud platform for high-performance computing. The GPU solver, which was a highlight of the latest release of EDEM, enables performance increases from 2x to 10x compared
Independent, Third-Party Study Proves Whittaker Smart Care® TRIO Increases Productivity
March 22, 2017
NEW CASTLE, Pa.--(BUSINESS WIRE)--An independent, third party Time and Motion Study, performed by the American Institute for Cleaning Sciences, has concluded that the Whittaker Smart Care® Cleaning System increases productivity over traditional interim carpet cleaning methods. The study concluded that the Whittaker 20’’ TRIO can
NORMA Group achieves slight growth in sales in fiscal year 2016
March 22, 2017
MAINTAL, Germany--(BUSINESS WIRE)--NORMA Group, a global market leader in engineered joining technology, achieved slightly higher sales in fiscal year 2016. Sales rose by 0.6 percent in 2016 to EUR 894.9 million compared to the previous year (2015: EUR 889.6 million). The acquisition of Parker Hannifin’s Autoline business contributed EUR 3.5
Multi Packaging Solutions Enters into Letter of Intent to Acquire Paris Art Label Company, Inc.
March 22, 2017
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International (NYSE:MPSX) (“MPS”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare and multi-media markets announced today that they have signed a letter of intent to acquire the business of Paris Art Label Company, Inc. (“Paris
USD Discovery District Seeking Development Partner
March 22, 2017
SIOUX FALLS, S.D.--(BUSINESS WIRE)--The USD Discovery District, an 80-acre contemporary corporate and academic research park under development in Sioux Falls, today announced it is requesting statements of interest and qualifications to select a preferred development partner for one or more research and advanced manufacturing facilities. The
MLC CAD Systems Harnesses New 3D Printing Technology Through Markforged
March 22, 2017
AUSTIN, TX--(BUSINESS WIRE)--We are pleased to announce that Markforged 3D Printer products are now being sold and serviced by MLC CAD Systems. As a company dedicated to unbeatable service, customers can depend on MLC CAD Systems for end to end sales, support, education and materials on all Markforged printers. A full understanding of CAD design to
Schnitzer Announces Second Quarter Fiscal 2017 Preliminary Results and Earnings Date
March 22, 2017
PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today announced preliminary results for its second quarter ended February 28, 2017. Schnitzer expects second quarter earnings per share from continuing operations to be in the range of $0.37 - $0.40 and adjusted earnings per share to be in the range of $0.34 - $0.37.
Pilot Program Teaches Robots How to Make Carton Recycling More Efficient
March 22, 2017
DENVER--(BUSINESS WIRE)--In its ongoing efforts to advance food and beverage carton recycling, the Carton Council of North America announced today that it has been conducting a pilot program that uses artificial intelligence to improve the efficiency and effectiveness of carton recycling. Through a collaboration led by the Carton Council with two
GE Hitachi Nuclear Energy and Bechtel Form Decommissioning Alliance
March 22, 2017
WILMINGTON, N.C.--(BUSINESS WIRE)--GE Hitachi Nuclear Energy (GEH) and Bechtel today announced the formation of an alliance to offer decommissioning and dismantlement services for nuclear power plants in Germany and Sweden. The two companies have more than 100 years of combined nuclear industry experience and through the alliance will provide a
Molex High-Density Optical EMI Shielding Adapters Ease Space Constraints
March 22, 2017
LISLE, Ill.--(BUSINESS WIRE)--Molex will feature its new line of multi-port EMI adapters with internal laser protection shutters in Molex booth 3218 at the Optical Fiber Communications (OFC) Exposition, to be held March 21-23, 2017, at the Los Angeles (CA) Convention Center. The versatile adapters can support a variety of connector types including
Transphorm Introduces Its Silicon Valley Center of Excellence
March 22, 2017
GOLETA, Calif.--(BUSINESS WIRE)--Transphorm Inc., the leader in the design and manufacturing of JEDEC-qualified 650V gallium nitride (GaN) semiconductors, formally introduced its Silicon Valley Center of Excellence today. Established over the past year, the Center is Transphorm’s customer support initiative for high-voltage-GaN-based power
Standard Delta Expands Global Gas Business
March 22, 2017
HOUSTON--(BUSINESS WIRE)--Standard Delta (the “Company”), an energy and commodities firm with operations in the US, Europe and Asia, announced it is expanding its Supply & Sales Division to include physical trading operations in the Mideast. The Company has plans to open a regional office in Dubai, UAE, to support client growth in
PPG Makes Revised Proposal to Combine with AkzoNobel
March 22, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it made a revised proposal on March 20, 2017 to acquire Akzo Nobel N.V. (AKZA.AS; AKZOY) for €90.00 (cum dividend) per ordinary share, comprised of cash of €57.50 and 0.331 share of PPG common stock. This represents an increase of €7.00 per ordinary share from
Booz Allen Hamilton Wins $59M Contract to Provide Acquisition, Program, Contracts, Installation, and
March 22, 2017
MCLEAN, Va.--(BUSINESS WIRE)--Today’s complex environment demands our naval forces have access to enduring innovations and technology to accelerate the sharing of information, and improve readiness and capability. The Navy's Program Executive Office for Command, Control, Communications, Computers and Intelligence (PEO C4I) is tasked with
David Mayer Appointed Fluid Power VP and General Manager
March 22, 2017
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Distribution Group, the distribution segment of Kaman Corporation (NYSE:KAMN), today announced that David Mayer will become Vice President and General Manager of the Kaman Fluid Power (KFP) platform effective April 3, 2017. “Fluid Power has become an integral component of the Distribution Group and we
The Toyota Concept-i: Driving 2030
March 22, 2017
Ian Cartabiano received a degree in transportation design from Art Center in 1997, then moved south from Pasadena to Newport Beach, where he took a position at Calty Design Research in Newport Beach, Toyota’s U.S. design studio. And while he continues to keep his hand in at Art Center, as an instructor, he’s been nothing if not
Acushnet Holdings Corp. Announces Fourth-Quarter and Full Year 2016 Financial Results
March 22, 2017
FAIRHAVEN, Mass.--(BUSINESS WIRE)--Acushnet Holdings Corp. (NYSE:GOLF) (“Acushnet”) published its fourth-quarter and full year 2016 financial results on March 22, 2017. The results are available via the Acushnet Investor Relations (http://www.acushnetholdingscorp.com/ir) and the U.S. Securities and Exchange Commision
Cubic Receives $20 Million Award for Delivery of Portable Common Data Link Systems to US Navy’s
March 22, 2017
SAN DIEGO--(BUSINESS WIRE)--Cubic Mission Solutions (CMS), a business division of Cubic Corporation (NYSE: CUB), today announced a contract award worth more than $20 million from the U.S. Navy’s San Diego-based Space and Naval Warfare Systems Command (SPAWAR) for the development and delivery of Person-portable Common Data Link (PCDL) systems.
Kaiam Intends to Expand Manufacturing Capacity in the UK with the Acquisition of New Facility
March 22, 2017
NEWARK, Calif.--(BUSINESS WIRE)--Kaiam Corporation, a leader in advanced data center transceivers, today announced that it intends to acquire the manufacturing facilities of Compound Photonics (CP) in Newton Aycliffe in the UK. The acquisition includes investment by CP into Kaiam to further develop the facility. The agreement is subject to final
Golden Gate Capital Acquires Cole-Parmer
March 22, 2017
SAN FRANCISCO & VERNON HILLS, Ill.--(BUSINESS WIRE)--Golden Gate Capital, a leading private equity investment firm, today announced that it has completed the acquisition of Cole-Parmer (“the Company”) from private equity firm GTCR. Founded in 1955, Cole-Parmer is a leading designer, manufacturer, and distributor of specialty lab
Actuant Reports Second Quarter Results; Updates Fiscal 2017 Guidance
March 22, 2017
MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE: ATU) today announced results for its second quarter ended February 28, 2017. Highlights Consolidated sales were 2% below the comparable prior year quarter with acquisitions net of divestitures a 2% benefit and foreign currency rate changes a 1% headwind. Second quarter core sales were down 3%
First Priority GreenFleet Partners With Sacramento Metropolitan Air Quality Management District for
March 22, 2017
STOCKTON, Calif.--(BUSINESS WIRE)--First Priority GreenFleet, a national leader in clean transportation solutions, is partnering with the Sacramento Metropolitan Air Quality Management District (SMAQMD) to deploy 29 electric school buses and charging infrastructure throughout Sacramento County, including Twin Rivers, Elk Grove and Sacramento City
Philip Morris International Announces €300 Million Investment in Smoke-Free Product Manufacturing
March 22, 2017
LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today announced an investment of approximately €300 million to convert the cigarette factory of Papastratos, PMI’s affiliate in Greece, into a manufacturing plant for the tobacco sticks to be used with its smoke-free product IQOS.
Exclusive Promotion of China’s Most Popular Vacuum Cleaners by PUPPYOO
March 22, 2017
BEIJING--(BUSINESS WIRE)--China’s most popular robotic vacuum cleaner brand, PUPPYOO is offering a three-day promotion on six products with cutting-edge technology, for the e-commerce site AliExpress’ 7th Anniversary Sale. Since 1999, PUPPYOO has been the source of innovation with a series of technological firsts; they were the first to
Mitsubishi Electric Announces Dividend Policy for Fiscal 2017 (April 1, 2016-March 31, 2017)
March 22, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the current fiscal year ending March 31, 2017 (fiscal 2017). The company plans to pay a year-end dividend of 18 yen per share, as of the record date of March 31, 2017, with due consideration of performance and financial standing in fiscal
Kaiam and Corning Demonstrate Co-Packaged Photonic Interconnect (CoPPhI) for Terabit Chip
March 22, 2017
LOS ANGELES--(BUSINESS WIRE)--Kaiam Corp. and Corning Incorporated (NYSE:GLW) are showcasing an optical engine and single-mode fiber interface connector suitable for co-packaging with a 12.8 Tb/s switch chip at the 2017 Optical Fiber Communications Conference & Exhibition in the Los Angeles Convention Center this week. By converting high-speed
Sumitomo Electric Renews World Record of Lowest Loss Optical Fiber
March 22, 2017
OSAKA, Japan--(BUSINESS WIRE)--Sumitomo Electric Industries, Ltd.  (TOKYO:5802) (ISIN:JP3407400005) has set a new world record for the lowest loss of optical fiber, 0.1419 dB/km. As the demand for communication capacity is skyrocketing over the world, there have been increasing needs for improvement in the performance of optical communication
Tough Times Ahead for Gas, Steam and Hydro Turbine Suppliers
March 22, 2017
IHS Markit: Price erosion and shrinking market contribute to decline.
Next-Generation LLDPE Packaging Based on WESTON® 705 Antioxidant Hits Consumer Shelves
March 21, 2017
DANBURY, Conn.--(BUSINESS WIRE)--A new generation of linear low-density polyethylene (LLDPE) packaging based on Addivant’s nonylphenol-free stabilizer WESTON® 705 has successfully hit consumer shelves, bringing a new level of safety, performance, and efficiency in food packaging across the U.S., Europe, and Asia. With the arrival of these
Celanese Announces Engineered Materials Price Increases
March 21, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces price increases on its Hostaform® and Celcon® polyacetal (POM) grades and GUR® ultra-high molecular weight polyethylene (UHMW-PE) and GHR® high molecular weight polyethylene (VHMW-PE) grades. Effective April
NIKE, Inc. Reports Fiscal 2017 Third Quarter Results
March 21, 2017
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2017 third quarter ended February 28, 2017. Consumer demand in all geographies drove revenue growth across the NIKE Brand portfolio. Diluted earnings per share were up 24 percent and grew faster than revenue, primarily due to selling and
BizVibe: Turkey’s Textile and Apparel Industry Eyes a Bigger Share of the Global Market
March 21, 2017
LONDON--(BUSINESS WIRE)--Turkey’s textile and apparel industry has had a relatively sluggish performance over past few years, but the industry outlook is getting better as several segments are showing signs of recovery, while some are even thriving. Details on these growing segments, including Turkey’s cotton demand, apparel exports and
Ternium Announces Annual General Meeting of Shareholders
March 21, 2017
LUXEMBOURG--(BUSINESS WIRE)--Ternium S.A. (NYSE: TX) announced today that its annual general meeting of shareholders will be held on Wednesday May 3, 2017, at 2:30 p.m. (Luxembourg time) at the Company’s registered office, located at 29, avenue de la Porte-Neuve, L-2227, Luxembourg. Each holder of Ternium ADSs as of April 3, 2017, shall be
Aethon Recognized by Robotics Business Review as One of the Top Robotics Companies Again in 2017
March 21, 2017
PITTSBURGH--(BUSINESS WIRE)--Aethon, Inc., the global leader in autonomous mobile robot solutions was recognized by Robotics Business Review in its sixth annual RBR50 list. According to Robotics Business Review, this year's list spotlights the global best among robotics innovators, suppliers, and influencers. Aethon continues to lead the way with
Versum Materials Initiates Quarterly Cash Dividend
March 21, 2017
TEMPE, Ariz.--(BUSINESS WIRE)--Versum Materials, Inc. (NYSE: VSM) today announced that its Board of Directors has initiated a quarterly cash dividend of $0.05 per share of common stock. The dividend is payable on April 19, 2017 to stockholders of record at the close of business on April 5, 2017. The declaration and payment of any future dividends
American Vanguard Announces New Head of Regulatory Affairs
March 21, 2017
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE:AVD) today announced that its wholly-owned subsidiary AMVAC Chemical Corporation has hired Ms. Anne Turnbough, Ph.D. as Vice President of Regulatory Affairs. The position had been held on a transitional basis since September 2016 by Company director, Debbie Edwards, on
SAP Ariba Announces Winners of #MakeProcurementAwesome Awards
March 21, 2017
LAS VEGAS--(BUSINESS WIRE)--When it comes to the future, there are those who think about what could be, and those who recognize what is and act in creative, innovative ways to transform things to their advantage. Every day, SAP Ariba works alongside companies in the second camp. And today, it honored four of them with #MakeProcurementAwesome awards
AsiaInspection Has Acquired ETIC, a State-of-the-Art Eyewear Testing Facility in Hong Kong
March 21, 2017
HONG KONG--(BUSINESS WIRE)--AsiaInspection (AI), a global quality control and supplier compliance service provider, announced the completion of its acquisition of ETIC (Eyeglass Testing and Inspection Co. Ltd), a leading eyewear testing and inspection company in Hong Kong and China. ETIC provides product safety and performance testing as well as
The Toro Company Declares Regular Quarterly Cash Dividend
March 21, 2017
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.175 per share. This dividend is payable on April 12, 2017, to shareholders of record on March 31, 2017. About The Toro Company The Toro Company (NYSE: TTC) is a leading worldwide provider
EnPro Industries Prices Tack-on Offering of $150 Million of Senior Notes
March 21, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) today announced it priced its previously announced offering of $150 million aggregate principal amount of its 5.875% Senior Notes due 2022 (the “Additional Notes”). The Additional Notes were priced at 101.0% of the principal amount, plus accrued interest from March 15,
Axalta Coating Systems Powder Coatings on Display at the 10th International Biennale Design Event in
March 21, 2017
MONTBRISON, France--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is exhibiting a selection of its Alesta® powder coatings colors and textures at the celebrated Saint-Etienne International Design Biennale, taking place in the Cité du Design in St. Etienne, France, March 9
PacSci EMC Announces New Compact SmallSat Propulsion System
March 21, 2017
CHANDLER, Ariz.--(BUSINESS WIRE)--PacSci EMC announces the release of its new Modular Architecture Propulsion System (MAPS™) for the small satellite market. The compact design of MAPS is a breakthrough in reducing the time and cost of integrating the propulsion system with the satellite and launch vehicle. MAPS reduces the time from
OSIsoft Collaborates with Partners to Bring the PI System to Industrial Internet of Things (IIoT)
March 21, 2017
SAN FRANCISCO--(BUSINESS WIRE)--OSIsoft, a leader in operational intelligence, has launched the pervasive data initiative to bring its PI System technology to new Industrial Internet of Things (IIoT) and edge devices. The initiative will drive the development of new technologies and partnerships to expand the ecosystem of services and products for
Vernon Cameron Joins Techniks Industries as President & CEO
March 21, 2017
INDIANAPOLIS--(BUSINESS WIRE)--Techniks Industries is pleased to announce the appointment of Vernon (Vern) Cameron as President & Chief Executive Officer effective February 27th, 2017. Greg Webb will continue as the company’s Executive Vice President of Business Development, leading the company’s commercial strategic initiatives as
Dow Chairman and CEO Liveris to Receive STEM Leadership Hall of Fame Award from U.S. News &
March 21, 2017
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) announced today that Andrew Liveris, Dow’s chairman and CEO, will receive the U.S. News Science, Technology, Engineering and Math (STEM) Leadership Hall of Fame Award at the publication’s upcoming STEM Solutions National Leadership Conference in San Diego,
Kraft Food Ingredients Adds Two Well-Loved Brands to Its Portfolio of Ingredients
March 21, 2017
GLENVIEW, Ill.--(BUSINESS WIRE)--Kraft Food Ingredients announced the addition of Heinz® Ketchup and Lea & Perrins® Worcestershire Sauce along with a variety of Heinz® vinegars, relishes and sauces to its broad portfolio of ingredient solutions. These products are now available in several sizes and formats to meet a full range of