Wednesday, October 23, 2019
All News
Arago's Artificial Intelligence Supports Klöckner & Co's Digital Strategy
December 12, 2016
DUISBURG, Germany & FRANKFURT, Germany--(BUSINESS WIRE)--Klöckner & Co SE, one of the largest producer-independent distributors of steel and metal products worldwide, and arago GmbH (“Arago”), a pioneer in artificial intelligence (AI) and leader in intelligent IT automation based in Frankfurt and New York City, today
Technip and Chemetry sign agreement for licensing and engineering of eShuttle™ technology
December 12, 2016
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle™ technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily
Orbital ATK Set to Launch Pegasus Rocket Carrying NASA’s CYGNSS Spacecraft
December 12, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE:OA), a global leader in aerospace and defense technologies, announced it is prepared to launch the company’s air-launched Pegasus rocket aboard its Stargazer L-1011 airplane from Cape Canaveral on Monday, December 12 at approximately 8:24 a.m. EST. Pegasus will be carrying NASA’s Cyclone
Blue Dichtol: Polymeric Capillary Sealer with 100% Visual Inspection
December 12, 2016
The new Blue Dichtol is a polymeric capillary sealer for castings and composites that allows 100% visual inspection to ensure that porosity has been sealed.
Dow to Invest in New, Michigan-based Innovation Center, Supporting New R&D Jobs Aligned to U.S.
December 10, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) announced today that it will invest in a new, state-of-the-art innovation center in Midland, Michigan. The innovation center will support approximately 200 research and development jobs in Michigan, including 100 newly created jobs while repatriating 100 jobs from other Dow
Fitch Affirms CSN at 'B-'; Outlook Remains Negative
December 9, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Companhia Siderurgica Nacional's (CSN) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'B-'. Fitch has also affirmed CSN's National Scale rating at 'BB-(bra)'. The Rating Outlook remains Negative. A full list of rating actions follows at the end of this release. The 'B-'
Belden Extends Shareholder Rights Agreement
December 9, 2016
ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC) announced today that it extended the expiration date of its shareholder rights agreement until December 10, 2019. The agreement had been scheduled to expire on December 9, 2016. Because the term was shortened to three years, the Company also removed a Three Year Independent Director
Mike Rowe of Dirty Jobs Headlines 2017 ISRI Convention Lineup
December 9, 2016
WASHINGTON--(BUSINESS WIRE)--The Institute of Scrap Recycling Industries (ISRI) is proud to announce general session speakers for its 2017 Annual Convention & Exposition (ISRI2017) to be held April 22-27, in New Orleans. As the biggest and most valuable recycling conference in the world, ISRI2017 will bring together more than 4,000 recyclers
Phillips 66 Announces 2017 Capital Program
December 9, 2016
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces its 2017 capital budget of $2.7 billion. The plan includes $1.3 billion for midstream growth and $0.9 billion directed toward enhancing refining returns and supporting operating excellence. “The 2017 capital program is consistent with
Polaris® Slingshot® SLR Joins Vehicle Lineup for ROC 2017
December 9, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Polaris Industries is pleased to announce the 2017 Slingshot® SLR will be put into action when some of the world’s greatest drivers assemble for the Race Of Champions (ROC) on Jan. 21 – 22, 2017 inside Marlins Park, in Miami, Fla. The Slingshot SLR is the most premium model in the three-wheel
Michigan Leads the Way for Innovating and Testing of Self-Driving Vehicles, Says CTA
December 9, 2016
ARLINGTON, Va.--(BUSINESS WIRE)--The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)™, regarding the legislative package to allow for full testing of self-driving vehicles signed this week by Michigan Governor Rick Snyder: "Michigan has once again demonstrated its commitment to
ERDMAN Adds Chief Medical Officer to Help Clients Take on Healthcare Industry Challenges
December 9, 2016
MADISON, Wis.--(BUSINESS WIRE)--In the healthcare industry, which is expected to grow more than $2 billion in national health expenditures, managing the pressure to reduce cost and align with population health, strategic growth and alignment is critical. ERDMAN is focusing on just that for its healthcare clients, welcoming Dr. Scott Cullen as
GE Board of Directors Approves 4% Increase in Quarterly Dividend
December 9, 2016
BOSTON--(BUSINESS WIRE)--The Board of Directors of GE (NYSE:GE) today raised the Company’s quarterly dividend 4%, or $0.01 per outstanding share of the Company’s common stock, to $0.24 per outstanding share of the Company’s common stock. The Board declared that the dividend is payable January 25, 2017 to shareowners of record at
Graco Increases Regular Quarterly Dividend by 9 Percent
December 9, 2016
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 36 cents per common share, an increase of 9 percent, payable on February 1, 2017, to shareholders of record at the close of business on January 17, 2017. The Company has approximately 55.8 million shares outstanding. Graco Inc.
J.M. Huber Corporation Reaches Agreement to Sell Silica Business to Evonik for $630 Million
December 9, 2016
EDISON, N.J.--(BUSINESS WIRE)--The J.M. Huber Corporation announced today that it has signed a definitive agreement to sell the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG—a global specialty chemicals company. The transaction will include HEM’s Silica facilities in North America, Europe and Asia.
Axalta Coating Systems Returns as Presenting Sponsor of 2017 North American International Auto Show
December 9, 2016
DETROIT--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that it is the Presenting Sponsor of the 2017 North American International Auto Show (NAIAS) Charity Preview for the second consecutive year. The NAIAS Charity Preview, to be held on Friday, January 13,
2016 China Yiwu International Forest Products Fair Closes With Record-High Transaction Volume
December 9, 2016
YIWU, China--(BUSINESS WIRE)--The 9th Yiwu International Forest Products Fair closed on November 4, 2016 at Yiwu International Expo Center in Eastern China’s Zhejiang Province, reaching deals worth RMB 4.78 billion or $700 million within 4 days, a 1.29% increase compared to last year. The domestic transaction volume reached RMB 3.56 billion
Intertek Broadens Scope of Testing and Certification Services for Electrical Equipment Used in
December 9, 2016
CHICAGO--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, announces that its São Paulo facility has been accredited as a certification body for electrical equipment intended for use in hazardous locations and explosive atmospheres in Brazil. With this approval, the Company is able to test and
Panduit® Fiber Researchers Receive Top Honors from IWCS (International Cable & Connectivity
December 9, 2016
TINLEY PARK, Ill.--(BUSINESS WIRE)--Panduit Corp, a world-class developer and provider of leading-edge physical infrastructure and connectivity solutions, is proud to announce that its Corporate Research and Development “Fiber Research Department” has received the IWCS (International Cable & Connectivity Symposium) “Jack
MLC CAD Systems: Big Changes Come to the CNC/CAM Industry!
December 9, 2016
AUSTIN, Texas--(BUSINESS WIRE)--MLC CAD Systems, the leading Value-Added-Reseller (VAR) in South Central and Southwest U.S.A., and a Mastercam® reseller for over 30 years, is proud to announce that Cimtech Inc., the leading Mastercam® VAR in the Pacific Northwest, has joined its team. “We are pleased to welcome all Washington, Idaho,
KMG Declares Quarterly Dividend
December 9, 2016
FORT WORTH, Texas--(BUSINESS WIRE)--KMG (NYSE: KMG), a global provider of specialty chemicals, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable January 5, 2017 to shareholders of record December 23, 2016. As of October 31, 2016, there were approximately 12.1
Ferro Completes Acquisition of Cappelle Pigments
December 9, 2016
CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE, the “Company”), announced today that it has completed the previously announced acquisition of Belgium-based Cappelle Pigments (“Cappelle”), a leader in specialty, high-performance inorganic and organic pigments used in coatings, inks and plastics, for €50.5
Carlisle’s American Spirit Ready to Start the Atlantic Challenge on December 14
December 9, 2016
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) announced that the Crew of the American Spirit will begin to row across the Atlantic Ocean on December 14 in the Atlantic Challenge, known as the “World’s Toughest Row.” Carlisle has a website in support of Carlisle’s American Spirit for employees
AKHAN to Preview Miraj Diamond™ Glass Lens at the 2016 National Competitiveness Forum
December 9, 2016
CHICAGO--(BUSINESS WIRE)--AKHAN Semiconductor is pleased to announce that it will be attending and speaking at the U.S. Council on Competitiveness’ 2016 National Competitiveness Forum on December 9, 2016 in Washington, D.C. The U.S. Council on Competitiveness’ National Competitiveness Forum is the nation’s premier C-Suite
Nokian Tyres Plc: Managers' Transactions
December 9, 2016
HELSINKI--(BUSINESS WIRE)--Regulatory News: Nokian Tyres plc (HEX:NRE1V) Stock Exchange Release December 9, 2016, 3:30 p.m. Person subject to the notification requirement Name:   Stenberg, Pontus (Natural Person) Position: Other senior manager Initial Notification Reference number: 743700YQIO8Y4L4WKR40_20161208180415_5 Issuer Name: Nokian
On BizWireTV: A New VR Experience for Football Fans and the Most Diverse Workplaces According to the
December 9, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, the National Football League and VOKE, a leader in live event virtual reality, announce a collaboration to create a personalized, fully immersive virtual reality highlights experience for fans worldwide using VOKE’s TrueVR™ technology. Now you can watch BizWireTV, and the latest
PPG Initiates Global Restructuring, Targeting $125 Million in Annual Savings
December 9, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) announced today that its board of directors approved significant and broad restructuring actions to reduce its global cost structure. The actions are focused on certain regions and end-use markets where business conditions are weakest, and they are targeting structural reductions in operating, functional
LignoTech Florida Joint Venture Gains Approval
December 9, 2016
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Borregaard ASA (BRG) and Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today the companies have secured the necessary approvals from their Boards of Directors and the appropriate permits to proceed with the investment for construction of a new lignin facility at RYAM’s Fernandina Beach site in
Hudson Technologies, Inc. Announces Pricing of Public Offering of Common Stock
December 9, 2016
PEARL RIVER, N.Y.--(BUSINESS WIRE)--Hudson Technologies, Inc. (NASDAQ:HDSN), announced today the pricing for 6,428,571 shares of its common stock in an underwritten public offering at a purchase price of $7.00 per share. The gross proceeds to Hudson Technologies from the sale of its common stock in this offering are expected to be approximately $45
Littelfuse to Update Company Strategy at 2016 Analyst Day
December 9, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ:LFUS) will provide an update to its long-term strategy at its 2016 Analyst Day today in New York City. Today’s presentation will begin at 9:00 a.m. ET and will conclude by 12:00 p.m. ET. A webcast of the presentation will be broadcast live and can be accessed through the company’s
Rejlers Improving Energy Efficiency for Karlshamnsbostäder
December 9, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Rejlers (STO:REJL) Rejlers Energiprojekt has been engaged to carry out an energy service project for Karlshamnsbostäder AB in Karlshamn Municipality. The project is being conducted as a design construct contract with Rejlers Energiprojekt AB the turnkey contractor. The objective of the project is to
Toshiba Launches 40V/45V N-Channel Power MOSFET with Industry's Leading-class Low On-resistance
December 9, 2016
TOKYO--(BUSINESS WIRE)--Toshiba Corporation’s (TOKYO:6502) Storage & Electronic Devices Solutions Company today expanded its “U-MOS IX-H Series” of low-voltage N-channel power MOSFETs with new 40V and 45V products delivering industry leading-class[1] low on-resistance and high-speed performance. The new products —nine
Mitsubishi Electric Achieves Three GUINNESS WORLD RECORDS Titles for Fastest and Tallest Elevators
December 9, 2016
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Mitsubishi Electric elevators have achieved three GUINNESS WORLD RECORDS® titles for the following record categories: Fastest lift (elevator), Tallest lift (elevator) in a building and Fastest double-deck lift (elevator). All three models are operating in
Steel Partners Holdings Reports Inducement Grant In Connection with Appointment of Handy &
December 9, 2016
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE:SPLP), a diversified global holding company, today reported, as required by the New York Stock Exchange, that an equity inducement award has been made to William Fejes, Jr. in connection with his previously announced appointment as Senior Vice President of Steel Partners’
3M to Sell Identity Management Business
December 9, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into agreements to sell the identity management business within its Traffic Safety and Security Division, to Gemalto, the world leader in digital security, for $850 million, subject to closing and other adjustments. 3M’s identity management business is a leader in
Official Opening of Smiths Detection’s New UK Centre of Excellence for Trace Detection
December 9, 2016
LONDON--(BUSINESS WIRE)--Smiths Detection today announced the official opening of its new UK centre of excellence for trace detection, located in Hemel Hempstead. The new facility, which is located approximately 11 miles from its previous location in Watford, provides improved and more efficient customer operations; new amenities for employees; and
AdvanSix Reports Temporary Outage at Its Hopewell Facility
December 8, 2016
MORRIS PLAINS, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE:ASIX) announced today that it has experienced a temporary outage at its Hopewell, Virginia facility reducing caprolactam production and a resulting reduction in resin production at its downstream Chesterfield, Virginia polymerization plant. The Company expects the required mechanical work to be
Ecolab Increases Cash Dividend 6 Percent
December 8, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of Ecolab Inc. declared a 6 percent increase in the company’s quarterly cash dividend to $0.37 per common share, to be paid Jan. 17, 2017, to shareholders of record at the close of business on Dec. 20, 2016. This increase results in a new indicated annual cash dividend of $1.48 per
Technical Communications Corporation Reports Results for the Fiscal Year and Quarter Ended October
December 8, 2016
CONCORD, Mass.--(BUSINESS WIRE)--Technical Communications Corporation (NasdaqCM: TCCO) today announced its results for the fiscal year and quarter ended October 1, 2016. For the quarter ended October 1, 2016, the Company reported a net loss of $(860,000), or $(0.47) per share, on revenue of $405,000, compared to a net loss of $(1,170,000), or
Triumph Named Partner of the Year by Mitsubishi Heavy Industries
December 8, 2016
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) is pleased to announce that it received the 2016 Partner of the Year award at Mitsubishi Heavy Industries’ (MHI) annual supplier conference. The company’s Interiors business, part of its Triumph Precision Components business unit, received the honor for its exceptional
Xerium’s New TransForm Forming Fabric Delivers Cost Reduction and Operational Improvements for
December 8, 2016
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Xerium Technologies, Inc. (NYSE:XRM), introduces TransForm, a revolutionary new generation of forming fabrics designed specifically for paperboard and packaging machines that lowers energy consumption and extends fabric life, among other considerable benefits. “Our board and packaging customers continuously
BAE Systems Welcomes New Dry Dock to San Diego Shipyard
December 8, 2016
SAN DIEGO--(BUSINESS WIRE)--BAE Systems today received a new 950-foot-long, 55,000-lifting-ton floating dry dock at its San Diego shipyard. The dry dock is part of the company’s $100 million investment in the yard to service the anticipated increase of U.S. Navy ships on the West Coast. “We have made the strategic investment to meet the
Pioneer Consulting Hires Marine Expert
December 8, 2016
BOSTON--(BUSINESS WIRE)--Pioneer Consulting, a prominent international submarine cable consulting organization, continues to strengthen and expand its core team with the newly appointed Director. Pioneer Consulting is pleased to announce Mr. Ryan Wopschall has been hired for this post. Mr. Wopschall brings ten years of undersea cable experience to
Dextera Announces Enrollment of First U.S. Patient in MATCH Registry
December 8, 2016
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dextera Surgical Inc. (Nasdaq:DXTR), manufacturer of the smallest-profile and most maneuverable articulating surgical stapling platform on the market for minimally invasive surgery, today announced the enrollment of the first U.S. patient in the MicroCutter Assisted Thoracic Surgery Hemostasis (MATCH)
Ampco-Pittsburgh Corporation Announces Quarterly Dividend
December 8, 2016
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) today announced the declaration of a quarterly dividend of nine cents ($0.09) per share on the common stock of the Corporation. The dividend will be paid on January 30, 2017 to shareholders of record on January 16, 2017. Ampco-Pittsburgh Corporation, through its operating
Fitch Revises Caterpillar's Rating Outlook to Negative; Affirms IDR at 'A'
December 8, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Ratings (IDR) at 'A' and revised the Rating Outlook to Negative from Stable for Caterpillar Inc. (CAT), Caterpillar Financial Services Corporation (CFSC), and certain of CFSC's subsidiaries. A full list of rating actions follows at the end of this release. NEGATIVE OUTLOOK The
Minerva Brewing Selects Pabst Brewing Company as Exclusive U.S. Importer
December 8, 2016
LOS ANGELES--(BUSINESS WIRE)--Cerveza Minerva (“Minerva”), Mexico’s oldest and largest craft brewer, announced today that it has selected Pabst Brewing Company (“PBC”), North America’s largest privately held brewer, as its exclusive importer in the United States. “We are thrilled to partner with Pabst
Apply Now to the Sixth Annual 2017 Shale Gas Innovation Contest!
December 8, 2016
STATE COLLEGE, Pa.--(BUSINESS WIRE)--The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org is excited to announce the Sixth Annual Shale Gas Innovation Contest. This year, we are offering a total of $60,000 in cash prizes for the three best shale energy-oriented innovations, new product ideas, or service concepts that are
Kleinfelder Wins ACEC California Engineering Excellence Award for Cross Border Xpress Terminal
December 8, 2016
SAN DIEGO--(BUSINESS WIRE)--Kleinfelder is pleased to be honored with an Engineering Excellence Award from ACEC California for work completed on the Cross Border Xpress (CBX) Terminal Building and Pedestrian Skybridge connecting San Diego and Tijuana. The binational project spans the U.S./Mexico border and directly connects a new terminal building
A Cut Above The Rest: Kubota Continues Expanding its Hay Tools Offerings and is Well-Positioned as a
December 8, 2016
TORRANCE, Calif.--(BUSINESS WIRE)--Kubota Tractor Corporation today introduced two new silage balers and a new trailed disc mower roller conditioner to its hay tools offerings, solidifying the company’s position as a full-line hay and forage equipment provider. The expanded hay tools line brings to market new variances in its popular round