Sunday, February 17, 2019
All News
Surmodics Reports Second Quarter Fiscal 2017 Results, Updates Fiscal 2017 Financial Guidance
April 27, 2017
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced results for its fiscal 2017 second quarter, ended March 31, 2017. Second Quarter Fiscal 2017 Financial Highlights Total Revenue of $17.5 Million, up 5% year over
Calgon Carbon Schedules First Quarter 2017 Results Conference Call and Webcast
April 27, 2017
PITTSBURGH--(BUSINESS WIRE)--Calgon Carbon Corporation (NYSE: CCC) today announced that it will host a conference call and live webcast on Tuesday, May 9, 2017, at 9:00 a.m. Eastern Time, to review the Company’s financial results for the first quarter of 2017. The Company will release its financial results earlier that morning before the U.S.
Sadara Joint Venture Achieves Commercialization of Entire Plastics Franchise
April 27, 2017
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) today announced that its joint venture in the Middle East—Sadara Chemical Company (Sadara)—has achieved a significant milestone with the commercialization of Sadara’s entire plastics franchise. The start-up of Sadara’s high-pressure low-density
Milacron Holdings Corp. Reports First Quarter 2017 Results
April 27, 2017
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (“Milacron”) (NYSE:MCRN), a leading industrial technology company serving the plastic processing industry, today announced financial results for the first quarter ended March 31, 2017.   Three Months Ended March 31, In millions (except per share       % Change
Dow Reports First Quarter Results
April 27, 2017
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW): First Quarter 2017 Highlights Dow reported earnings per share of $0.72, or operating earnings per share of $1.04(1). This compares with earnings per share of $0.15 in the year-ago period, or operating earnings per share of $0.89. Certain Items in the quarter reflected a $0.24
CEMEX Reports Close to a Tenfold Increase in Net Income During the First Quarter of 2017
April 27, 2017
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE:CX), announced today that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 6% during the first quarter of 2017 to US$3.1 billion versus the comparable period in 2016. Operating EBITDA on a
Mitsubishi Motors Wins 2017 WOMMY Bronze Award
April 27, 2017
CYPRESS, Calif.--(BUSINESS WIRE)--Mitsubishi Motors North America, Inc. (MMNA) received the 2017 WOMMY bronze award in the Introduction Award category for their “Kids Talk Safety” marketing campaign where kids used their imaginations to describe some of the more complex safety features in the 2017 Mitsubishi Outlander into simple,
Opel Grants Approval to Three Axalta Coating Systems Global Refinish Brands in Belgium and
April 27, 2017
BASEL, Switzerland--(BUSINESS WIRE)--Cromax®, Spies Hecker® and Standox®, the three global premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, have been approved for use in all Opel dealers and bodyshops in Belgium and Luxembourg. The technical and commercial approval
MIPI Alliance Hosts First Plugfest for Companies Adopting MIPI I3C Sensor Interface Specification
April 27, 2017
PISCATAWAY, N.J.--(BUSINESS WIRE)--The MIPI® Alliance, an international organization that develops interface specifications for mobile and mobile-influenced industries, today announced the successful completion of its first MIPI I3CSM Plugfest interoperability event. The plugfest, held March 27-28 in Barcelona, Spain, in conjunction with the
Hyundai Mobis Secures the Core Technology for the Blue Ocean 48V Mild HEV
April 27, 2017
SEOUL, South Korea--(BUSINESS WIRE)--Hyundai Mobis (KRX:012330) succeeded in developing the core technologies of the 48V Mild hybrid vehicle (hereinafter referred to as 48V Mild HEV), which will become one of the mainstays of future environment-friendly car trends, one after another. It’s creating tangible results in related markets. Hyundai
Call for Applications to NASA Frontier Development Lab
April 27, 2017
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--NASA Frontier Development Lab (FDL) announced the addition of new teams to its eight-week applied research accelerator hosted by the SETI Institute. To fill those teams, the new deadline will be May 19, 2017. FDL is supported by leaders in AI from the private sector, including IBM, Intel and Autodesk. The
Macy’s Celebrates Asian Culture and Flavors with Chef Kristen Kish for Asian Pacific American
April 27, 2017
NEW YORK--(BUSINESS WIRE)--This May, Macy’s celebrates Asian Pacific American Heritage Month with renowned chef, Kristen Kish. Kish, the winner of Bravo’s “Top Chef” Season 10, will host in-store events at six Macy’s stores across the country, highlighting the Asian food experience with special tastings and more. Kish
Naked Brand Group Announces Fourth Quarter and Fiscal Year Results
April 27, 2017
NEW YORK--(BUSINESS WIRE)--Naked Brand Group Inc. (NASDAQ:NAKD) (“Naked” or the “Company”), an innovative fashion and lifestyle brand, today announced financial results for its fourth quarter and fiscal year ended January 31, 2017. Fourth Quarter Results For the fourth quarter of fiscal 2017, net sales increased by 21.9% to
GE Increases Power Output of Its J920 FleXtra Gas Engine by Nearly 10 Percent
April 27, 2017
ROSENHEIM, Germany--(BUSINESS WIRE)--As Germany transitions to greater energy efficiency through its Energy Transition plan, it looks to increase the use of natural gas to enable renewable energy and reduce emissions. Helping to promote energy security in Europe, GE’s Distributed Power (NYSE:GE) today announced it has worked with pilot
B&W SPIG Awarded Contracts Totaling $60 Million in First Quarter of 2017
April 27, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW), announced today that its subsidiary, Babcock & Wilcox SPIG, Inc. (B&W SPIG), was awarded three major contracts totaling more than $60 million in the first quarter of 2017 to design and supply dry cooling systems for U.S. customers. Under the
Praxair Declares Dividend in Second Quarter 2017
April 27, 2017
DANBURY, Conn.--(BUSINESS WIRE)--The board of directors of Praxair, Inc. (NYSE: PX) has declared a quarterly dividend of 78.75 cents per share, unchanged from the previous quarter. The dividend is payable on June 15, 2017 to shareholders of record on June 7, 2017. The ex-dividend date is June 5, 2017. About Praxair Praxair, Inc., a Fortune 300
AstroNova’s QuickLabel® Business Unit to Introduce New Printer at interpack 2017
April 27, 2017
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that it will launch a new QuickLabel brand high-speed color label printer at interpack 2017, which takes place May 4-10 in Dusseldorf, Germany. The interpack 2017 show is a leading international packaging trade
British Hospital Transforms Life-Changing Maxillofacial Surgeries With Stratasys 3D Printing
April 27, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today announced that its PolyJet 3D printing technology is helping to improve life-changing maxillofacial surgeries at the Queen Elizabeth Hospital in Birmingham, UK. Stratasys’ Objet Eden350V 3D
L3 Announces First Quarter 2017 Results
April 27, 2017
NEW YORK--(BUSINESS WIRE)--L3 Technologies, Inc. (NYSE:LLL) today reported diluted EPS from continuing operations of $2.07 for the quarter ended March 31, 2017 (2017 first quarter), as compared to diluted EPS from continuing operations for the quarter ended March 25, 2016 (2016 first quarter) of $2.08. Net sales of $2,669 million for the 2017 first
AerCap Signs Lease Agreement with New Airline Customer, Wamos Air
April 27, 2017
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. (“AerCap”) (NYSE: AER) has announced it has signed a lease agreement with Spanish carrier, Wamos Air. The 2003 vintage Airbus A330-200, powered by Rolls-Royce engines, will deliver to Wamos in June 2017. AerCap President and Chief Commercial Officer Philip Scruggs said, “We are
Carter’s, Inc. Reports First Quarter Fiscal 2017 Results
April 27, 2017
ATLANTA--(BUSINESS WIRE)--Carter’s, Inc. (NYSE:CRI), the largest branded marketer in the United States and Canada of apparel exclusively for babies and young children, today reported its first quarter fiscal 2017 results. “We achieved our sales and earnings objectives in the first quarter,” said Michael D. Casey, Chairman and
Domtar Corporation Reports Preliminary First Quarter 2017 Financial Results
April 27, 2017
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $20 million ($0.32 per share) for the first quarter of 2017 compared to net earnings of $47 million ($0.75 per share) for the fourth quarter of 2016 and net earnings of $4 million ($0.06 per share) for the first quarter of 2016.
Praxair Reports First-Quarter 2017 Results
April 27, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) reported first-quarter net income and diluted earnings per share of $389 million and $1.35, respectively. These results include transaction costs of $6 million after-tax, or 2 cents of diluted earnings per share, related to the potential Linde AG merger. Excluding this charge, adjusted net
Ford Delivers First Quarter Revenue of $39.1B; $1.6B Net Income; $2.2B Adjusted Pre-Tax Profit
April 27, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE:F) today reported its 2017 first quarter financial results. Click here or visit media.ford.com to view the news release and visit http://www.shareholder.ford.com to view the slide presentation and access the webcast to Ford’s earnings call, which begins at 9 a.m. EDT with Mark Fields,
Panasonic Opens New Automotive Lithium-Ion Battery Factory in Dalian, China
April 27, 2017
OSAKA, Japan--(BUSINESS WIRE)--Panasonic Corporation (TOKYO:6752) announced today that it held an opening ceremony for a new automotive lithium-ion battery factory in Dalian, China. The factory is Panasonic's first automotive battery cell production site in China. Panasonic will further strengthen its global competitiveness in the automotive
Yokogawa Develops the ADMAG Total Insight Electromagnetic Flowmeters
April 27, 2017
TOKYO--(BUSINESS WIRE)--Yokogawa Electric Corporation (TOKYO:6841) announces that it has developed the ADMAG Total Insight (TI) series, a new portfolio of electromagnetic flowmeters, and will release it on May 15. The ADMAG TI series consists of the ADMAG AXG and the ADMAG AXW electromagnetic flowmeters. The ADMAG AXG is a complete redesign of the
Mexichem Reports First Quarter 2017 Results
April 27, 2017
TLALNEPANTLA DE BAZ, Mexico--(BUSINESS WIRE)--Mexichem, S.A.B. de C.V. (BMV:MEXCHEM*) (“the Company” or “Mexichem”) today announced its unaudited results for the first quarter of 2017. The figures have been prepared in accordance with International Financial Reporting Standards (“NIIF” or “IFRS”),
Non-Contact Magnetic Safety Switches Monitor Access Doors in High Risk Areas
April 27, 2017
Rockford Systems, LLC's new line of non-contact magnetic switches ensures a machine's chip deflection shield is properly positioned between the operator and machine's point of operation hazard while running.
Both Ford and Toyota Invest in Facilities
April 27, 2017
Our monthly roundup of manufacturing expansions, mergers, and acquisitions by state.
Arconic Announces Debt-For-Equity Exchange for Alcoa Corporation Common Stock
April 26, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE: ARNC) (“Arconic”) today announced that it agreed to exchange 12,958,767 shares of common stock of Alcoa Corporation (“Alcoa”) it owns for indebtedness of Arconic currently held by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC (the “Selling
CORRECTING and REPLACING GRAPHIC BizVibe Textile and Apparel News: Improving Conditions for Textile
April 26, 2017
LONDON--(BUSINESS WIRE)--Please replace the graphic with the accompanying corrected graphic. The release reads: BIZVIBE TEXTILE AND APPAREL NEWS: IMPROVING CONDITIONS FOR TEXTILE WORKERS A changing global political climate, improved relations between countries, and steps toward gender equality in the workplace are some of the factors currently
Gulf Island Fabrication, Inc. Declares Dividend on Common Stock
April 26, 2017
HOUSTON--(BUSINESS WIRE)--Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.01 per share on Gulf Island Fabrication, Inc.’s approximately 14.9 million shares of common stock outstanding. The dividend was declared during a regular meeting of the board held on April 26, 2017 and
Hexion Wins Six ACC Responsible Care® Awards
April 26, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--The American Chemical Council (ACC) has recognized several U.S.-based Hexion Inc. (“Hexion” or the “Company”) sites for sustainability programs focused on improving energy efficiency and waste management as six Hexion programs were recently named Responsible Care® award winners honored
Gulf Island Fabrication, Inc. Reports First Quarter Earnings
April 26, 2017
HOUSTON--(BUSINESS WIRE)--Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today reported a net loss of $6.5 million ($0.44 basic and diluted loss per share) on revenue of $38.0 million for the three months ended March 31, 2017, compared to net income of $1.0 million ($0.07 basic and diluted earnings per share) on revenue of $84.0 million for the
NewMarket Corporation Reports First Quarter 2017 Results
April 26, 2017
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the first quarter of 2017. Net income for the first quarter of 2017 was $63.9 million, or $5.39 per share, compared to net income of $61.9 million, or
Tennant Company Declares Regular Quarterly Cash Dividend
April 26, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 21 cents per share payable June 15, 2017, to shareholders of record at the close of business on May 31, 2017. Company Profile Minneapolis-based Tennant Company (TNC) is a world leader in designing, manufacturing and marketing
Ecolab to Webcast Annual Meeting on May 4, 2017
April 26, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab will host a live webcast of its annual meeting of stockholders to be held in St. Paul, Minn. Details for the webcast are as follows: TIME:       11:00 a.m. Eastern Time   DATE: Thursday, May 4, 2017   DURATION: Approximately 30 minutes   LOCATION: http://www.ecolab.com/investor
EnPro Industries Declares Regular Quarterly Dividend
April 26, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) today declared a regular quarterly dividend of $0.22 per share. The dividend is payable June 15, 2017 to shareholders of record as of the close of business on June 1, 2017. About EnPro Industries EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament
Graco Reports Record First Quarter Sales and Operating Earnings
April 26, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 31, 2017.   Summary $ in millions except per share amounts     Three Months Ended Mar 31,     Mar 25,     % 2017 2016 Change Net Sales $ 340.6 $ 304.9 12 % Operating Earnings 85.8 60.9 41 % Net
Rogers Corporation Reports First Quarter 2017 Results
April 26, 2017
ROGERS, Conn.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the 2017 first quarter. The Company reported 2017 first quarter net sales of $203.8 million, which exceeded the Company's previously announced guidance of $185 to $195 million, as well as 2016 first quarter net sales of $160.6 million. Currency
Horizon Global to Present at the Wells Fargo Securities 2017 Industrial and Construction Conference
April 26, 2017
TROY, Mich.--(BUSINESS WIRE)--Horizon Global (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced that President and Chief Executive Officer A. Mark Zeffiro is scheduled to present at the 2017 Wells Fargo Securities Industrial and Construction Conference in New York, New York on May
OSI Systems Reports Third Quarter Fiscal 2017 Financial Results
April 26, 2017
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) today announced financial results for the quarter ended March 31, 2017. “Once again driven by a solid performance in our Security division, we are pleased to announce strong fiscal third quarter results,” said Deepak Chopra, OSI Systems’ Chairman and Chief
EVRAZ North America plc Announces Partial Redemption of the 7.5% Senior Secured Notes Due 2019
April 26, 2017
CHICAGO--(BUSINESS WIRE)--EVRAZ North America plc (the “Company”) announced today that its subsidiary, EVRAZ Inc. NA Canada (the “Issuer”) gave notice that it will redeem a portion of its 7.5% Senior Secured Notes due 2019 (the “Notes”) equal in aggregate principal amount to $345,000,000 on May 26, 2017 (the
ACCIONA and Secretary of State Pablos Inaugurate the 93 MW San Roman Wind Farm in Cameron County
April 26, 2017
LOS FRESNOS, Texas--(BUSINESS WIRE)--Secretary of State Rolando Pablos joined ACCIONA Energy, a leading global operator of renewable energy projects, to inaugurate the 93-megawatt (MW) San Roman Wind Farm today. San Roman will produce enough energy to power more than 30,000 homes in Southeast Texas. Located near Brownsville and equipped with 31
LiveWorx® 2017 Brings Together Tech Industry’s Best and Brightest
April 26, 2017
NEEDHAM, Mass.--(BUSINESS WIRE)--As presenting sponsor, PTC (NASDAQ: PTC) today announced key components of LiveWorx, a technology conference and marketplace showcasing solutions engineered for a smart, connected world. With the event just weeks away, tickets are going fast. Celebrated in the heart of Boston from May 22-25, LiveWorx includes more
Panduit Expands the Pre-Configured Industrial Distribution Frame (IDF) Offering
April 26, 2017
TINLEY PARK, Ill.--(BUSINESS WIRE)--Panduit Corp. expands the Pre-Configured Industrial Distribution Frame (IDF) offering to deliver more design flexibility for deploying and protecting rack mount Ethernet switches. A new smaller enclosure size and 316 stainless steel versions provide options for customers deploying one to five switches with
Milacron to Invest an estimated $5 Million and Create up to 70 New Jobs through Consolidation at
April 26, 2017
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry is proud to announce that DME Company LLC, a wholly owned subsidiary of Milacron, will expand its Greenville manufacturing facility in, Greenville, MI. Milacron plans to invest approximately $5 million
Braidy Industries Inc. to Spend $1.3 Billion to Build the Highest Quality, Lowest Cost Auto Body
April 26, 2017
WURTLAND, Ky.--(BUSINESS WIRE)--The transformation in material sciences and advanced manufacturing was evidenced today during a joint announcement by Kentucky Governor Matt Bevin and Craig Bouchard, Chairman and CEO of Braidy Industries, Inc. (“Braidy”). The Governor and Mr. Bouchard announced that Braidy, in partnership with the State
Suniva Initiates Global Safeguards Petition
April 26, 2017
NORCROSS, Ga.--(BUSINESS WIRE)--Suniva, Inc., today filed a petition for global safeguards under Section 201-202 of the Trade Act of 1974, designed to protect American jobs in the rapidly deteriorating U.S. solar manufacturing industry. This action comes as U.S. solar manufacturers face serious injury from the ongoing and increasing influx of
SolarWorld Comments on Trade Action
April 26, 2017
HILLSBORO, Ore.--(BUSINESS WIRE)--The following statement is attributable to Juergen Stein, U.S. president of SolarWorld: “The case of Suniva dramatically demonstrates that the U.S. solar manufacturing industry still suffers from unfair trade. In particular, highly subsidized Chinese companies as well as other producers are globally dumping