Saturday, October 20, 2018
All News
VF Corporation Enters into Definitive Agreement to Sell Its Licensed Sports Group Business to
April 4, 2017
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has entered into a definitive agreement to sell its Licensed Sports Group (LSG) business to Fanatics, Inc. VF’s LSG business includes the Majestic® brand, which supplies apparel and
USG and Infinity Drain Partnership Blends Elegance with Smart Shower System Design
April 4, 2017
AMITYVILLE, N.Y.--(BUSINESS WIRE)--Infinity Drain, a leading architectural and decorative drain manufacturer, today announces a new partnership with USG Corporation (NYSE:USG), and unveils the USG Durock™ Brand Infinity Drain™ Shower System. This completely waterproofed, linear drain shower system is easier and faster to install than
Molex Brad Micro-Change M12 Heavy-Duty Ethernet Connector System
April 4, 2017
LISLE, Ill.--(BUSINESS WIRE)--Molex has introduced its Brad® Micro-Change® M12 Heavy-Duty Ethernet Connector System – the first M12 system to comply with the SAE J2839 heavy-duty, high-speed datalink standard. Cat 5e compliant for 10/100 Mbps Ethernet speeds, the new connector system meets the needs of commercial vehicle and
Hofmann Industries Creates Steel Tubing ‘Reshoring’ Team
April 4, 2017
SINKING SPRING, Pa.--(BUSINESS WIRE)--Hofmann Industries Inc announced Tuesday that it has created a team of sales, manufacturing, engineering, and logistics professionals to help customers identify cost advantages of sourcing steel tubing and tubular products in the United States. The company identified success in various industries, and
RPM Declares Quarterly Dividend
April 4, 2017
MEDINA, Ohio--(BUSINESS WIRE)--RPM International Inc. (NYSE: RPM) today announced that its board of directors has declared a regular quarterly cash dividend of $0.30 per share, payable on April 28, 2017 to stockholders of record as of April 14, 2017. RPM's last cash dividend increase of 9.1 percent in October 2016 marked its 43rd consecutive
OSI Systems Awarded $15 Million Contract to Provide Cargo and Passenger Vehicle Screening Solutions
April 4, 2017
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $15 million to provide multiple cargo and vehicle inspection solutions, including OmniView® Gantry cargo inspection systems that utilize a combination of high-energy transmission and Z
Orbital ATK Receives $21 Million Contract for Naval Munitions Multi-Function Fuze
April 4, 2017
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, announced today that it has received a $21 million contract for first article test and production of the MK419 Mod 1 Multi-Function Fuze (MFF). The MFF increases the overall mission capability of 5-inch gun ammunition used on U.S. Navy ships
Kaman Receives Orders for Two Additional K-MAX® Aircraft
April 4, 2017
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Aerosystems, a division of Kaman Corporation (NYSE:KAMN), announced today that ROTAK Helicopter Services of Anchorage, Alaska has placed orders for two K-MAX® helicopters with deliveries expected in 2018. Ely Woods, Owner and Director of Maintenance for ROTAK explains, “We are looking forward to
Greencore Group Takes Its Infrastructure Global Using Datapipe’s International Capabilities
April 4, 2017
LONDON--(BUSINESS WIRE)--Greencore, the international convenience food manufacturer, has leveraged Datapipe’s global presence to set up infrastructure in the United States to initially host its voice and video application, Skype for Business. Greencore, a leading manufacturer of sandwiches and other food to go products to grocery retailers in
Applied Energy Systems’ Gas Delivery Solutions Support Innovation at Brookhaven National
April 4, 2017
MALVERN, Pa.--(BUSINESS WIRE)--Applied Energy Systems (AES), provider of high and ultra high purity gas systems, services, and solutions – including design, manufacturing, testing, installation, and expert field service – has received a third contract with Brookhaven National Laboratory (BNL) to support the gas handling requirements for
Eastern Announces the Acquisition of Velvac
April 4, 2017
NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (“Eastern”) (NASDAQ:EML) today announced that it has reached an agreement to acquire 100% of the outstanding shares of Velvac Holdings (“Velvac”), the premier designer and manufacturer of proprietary vision technology for commercial vehicles. Velvac recorded net sales of
Emerson Provides Update to Pentair Valves & Controls Acquisition
April 4, 2017
ST. LOUIS--(BUSINESS WIRE)--Emerson has a clear understanding of what is required to receive the final regulatory approvals from the U.S. Federal Trade Commission and the Mexican Federal Economic Competition Commission for completion of the acquisition of Pentair's Valves & Controls business. In response, we have already entered into an
Two Bit Circus and T4T.org Announce Launch of Two Bit Circus Foundation - Revolutionizing The Way
April 4, 2017
LOS ANGELES & FRESNO, Calif.--(BUSINESS WIRE)--Two Bit Circus, an engineering entertainment company, and T4T.org (T4T), a non-profit organization that salvages manufactured goods to use for educational projects, today announced the launch of Two Bit Circus Foundation, a non-profit educational organization designed to cultivate the next
ServiceMax Announces New Updates to Better Manage Mounting Industrial Internet of Things Service
April 4, 2017
PLEASANTON, Calif.--(BUSINESS WIRE)--ServiceMax, a GE Digital company and the leader in cloud-based field service management solutions, today announced the Winter 17 release of its platform that allows organizations to better scale service operations to address the growing requirements of the Industrial Internet. Service demands can come from
Accenture and SAP to Help Chemical Companies Advance a New Era of Digital Transformation Through SAP
April 4, 2017
WALLDORF, Germany & NEW YORK--(BUSINESS WIRE)--Accenture (NYSE:ACN) and SAP SE (NYSE:SAP) plan to expand their collaboration on SAP S/4HANA® to develop a digital industry platform that will help chemical companies advance a new era of digital transformation. Co-developed by Accenture and SAP under their SAP S/4HANA collaboration, SAP
ITT’s Motion Technologies Business Joins Global Stop the Crash Partnership
April 4, 2017
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Inc.’s (NYSE:ITT) Motion Technologies business has joined Stop the Crash (STC), a global partnership promoting automotive crash-avoidance technologies and working to reduce road traffic fatalities worldwide. The Motion Technologies business, which specializes in friction materials and other critical
Engility to Announce First Quarter 2017 Financial Results on May 4, 2017
April 4, 2017
CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), will release first quarter 2017 financial results after market close on Thursday, May 4, 2017. The company will host a conference call at 5:00 p.m. Eastern Time the same day to discuss the financial results. Access to a webcast of the live conference call can be obtained through
Ridgemont Equity Partners Announces New Investment in Dickinson Fleet Services
April 4, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--Ridgemont Equity Partners, a middle market private equity investor, today announced a new investment in Dickinson Fleet Services (“DFS,” or the “Company”), a leading technology-enabled service provider in the vehicle fleet maintenance industry. Financial terms of the transaction were not
ABB to Acquire B&R
April 4, 2017
ZURICH--(BUSINESS WIRE)--ABB today announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs more than 3,000
Datacolor’s New Handheld ColorReaderPRO – The Color Matching Solution for Paint Companies
April 4, 2017
NUREMBURG, Germany--(BUSINESS WIRE)--Datacolor®, a global leader in color management solutions, today announced the launch of ColorReaderPRO, a professional color matching device. Its introduction will provide paint companies with a comprehensive color selection tool, redefining the ease and efficiency of color matching. ColorReaderPRO is an
Hexion Inc. to Introduce Two New Waterborne Epoxy Resins at European Coatings Show
April 4, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or “the Company”) will launch two new waterborne epoxy resins at the European Coatings Show, April 4-6 in Nuremberg, Germany. These label-free, low Volatile Organic Compound (VOC) resins enable the manufacture of high-performance, water-based coatings at a competitive
Hexion Inc. Introduces New Ultra-Low Emitting Bakelite® Phenolic Resin for Coatings
April 4, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or the “Company”) is introducing a new Bakelite phenolic resin for the production of coatings with an ultra-low free formaldehyde (ULEF) content of less than 0.1%, at the European Coatings Show 2017 in Nuremberg, Germany. The new, low volatile organic compound (VOC)
AG&P Announces Integrated Plug-and-Play Solutions for LNG Supply Network in Asia
April 4, 2017
TOKYO--(BUSINESS WIRE)--AG&P (Atlantic, Gulf and Pacific Company), the global leader of infrastructure solutions, today announced two standardized modular products for the LNG supply network that will drive down costs, accelerate schedule and enable last-mile delivery to LNG demand centers scattered across Southeast Asia, South Asia and the
EnvisionTEC and 3Shape Offer Turnkey System to 3D Scan and Print In-Ear Devices
April 4, 2017
DEARBORN, Mich. & COPENHAGEN, Denmark--(BUSINESS WIRE)--EnvisionTEC, a global leader in 3D printers for the in-ear device and monitor market, and 3Shape, a global leader in 3D scanning and CAD/CAM software, today launch a new turnkey system for scanning, modeling and printing in-ear devices. At AudiologyNOW! 2017, the world’s largest
B/E Aerospace to Launch Aspire™ Wide Body Main Cabin Seating with United Airlines; Airline Also
April 4, 2017
WELLINGTON, Fla.--(BUSINESS WIRE)--B/E Aerospace, Inc. (NASDAQ: BEAV), the world’s leading manufacturer of aircraft cabin interior products, today announced that United Airlines is expanding the transformation of their customer experience with major investments in best-in-class economy seating innovation. B/E Aerospace is pleased to announce
EVRAZ North America plc Announces Fourth Quarter 2016 Conference Call Schedule
April 4, 2017
CHICAGO--(BUSINESS WIRE)--EVRAZ North America plc (the Company) announced that in connection with the 7.5% Senior Secured Notes due 2019 issued by its subsidiary EVRAZ Inc. NA Canada, it will conduct a conference call on Wednesday, April 5th, 2017 at 12:00 P.M. Eastern time to discuss its fourth quarter and full year 2016 financial results. The
Dillon Full Grip Jaws Securely Hold Workpieces
April 4, 2017
Available in sizes and metals to suit virtually any application. 
Foundation Building Materials, Inc. Acquires the Specialty Building Products Division of Irwin
April 3, 2017
TUSTIN, Calif.--(BUSINESS WIRE)--Foundation Building Materials, Inc. (“FBM” or the “Company”) (NYSE:FBM), one of the largest specialty distributors of wallboard and suspended ceiling systems in the United States and Canada, announced today that it has closed the acquisition of the specialty building products division of
Armstrong Flooring Schedules Earnings Release and Conference Call for First Quarter 2017 Results
April 3, 2017
LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”), North America’s largest producer of resilient and wood flooring products, announced today that the Company will release its first quarter 2017 financial results before the market opens on Monday, May 8, 2017.
Automated Dispensing Solutions from Apex Proven to Drive Operational Efficiencies & Savings
April 3, 2017
CHICAGO--(BUSINESS WIRE)--Apex Supply Chain Technologies® demonstrates some of its latest supply chain solutions for distribution centers, industrial distribution, material handling and manufacturing industries in booth S5036 at ProMat 2017 through April 6, 2017. Apex automated dispensing technology is proven to have a significant impact on the
Sterling Construction Company Completes Acquisition of Tealstone Construction and Replaces Existing
April 3, 2017
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or the "Company”) today announced that it has completed the previously announced acquisition of Tealstone Construction (“Tealstone”), a leading Texas-based concrete construction company, for approximately $85 million.
National Instruments Announces Upcoming Schedule of Events with the Financial Community
April 3, 2017
AUSTIN, Texas--(BUSINESS WIRE)--National Instruments (Nasdaq: NATI) today announced participation in the following upcoming events with the financial community. National Instruments Q1 2017 Earnings Call April 27, 2017 at 4:00 p.m. CT A live webcast will be available at http://investor.ni.com/events.cfm NI Week Investor Conference May 23, 2017
Berry Plastics Changes Name to Berry Global
April 3, 2017
EVANSVILLE, Ind.--(BUSINESS WIRE)--Today, Berry Plastics Group, Inc. (NYSE: BERY) announced that it is changing its name to Berry Global Group, Inc. Common shares of the Company stock will continue to be traded on the New York Stock Exchange under the symbol BERY. In addition, Berry Plastics Corporation, a wholly owned subsidiary of Berry Plastics
Griffon Announces the Retirement of Alan H. Koblin and the Appointment of Ronald E. Zinco as
April 3, 2017
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced today that Alan H. Koblin, President of Griffon’s subsidiary Clopay Plastic Products Company, Inc. (“Clopay Plastics”), will retire on September 30, 2017. Ronald “Ron” E. Zinco, currently Chief
Freudenberg Group’s Annual Press Conference Set for Wednesday, April 5 in Detroit
April 3, 2017
DETROIT--(BUSINESS WIRE)--The Freudenberg Group will hold a media briefing to review the company’s 2016 financial results as well as its outlook for the coming year at 11 a.m., Wednesday, April 5, in the Pontchartrain Room at the Crowne Plaza Hotel across from Detroit’s Cobo Center. Bob Evans, president of Freudenberg North America will
Kaman Announces Continuation of Conversion Window for Its Convertible Notes
April 3, 2017
BLOOMFIELD, Conn.--(BUSINESS WIRE)--(NYSE:KAMN) Kaman Corporation (“Kaman”) announced today that its 3.25% Convertible Senior Notes due later this year (the “Convertible Notes”) will continue to be convertible during the second quarter of 2017, subject to the requirements of the indenture governing the Convertible Notes as
Astronics Corporation Acquires Custom Controls Concepts
April 3, 2017
EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ:ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and semiconductor industries, announced today that is has purchased the operating assets of Custom Controls Concepts (CCC), located in Kent, Washington. CCC is the established market
Mitsui Seiki USA Appoints Chairman, CEO and COO
April 3, 2017
FRANKLIN LAKES, N.J.--(BUSINESS WIRE)--Mitsui Seiki USA, Inc. announced that Scott Walker, long-time president, has accepted the position of chairman; Robb Hudson, former business and technology director, has been named chief executive officer; and William “Bill” Malanche, former executive vice president, has been appointed chief
Media Advisory: Domtar Corporation First Quarter 2017 Financial Results
April 3, 2017
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) will release its first quarter 2017 financial results before markets open on Thursday, April 27, 2017. A conference call will be held to discuss the results at 10:00 a.m. (ET). Financial analysts are invited to participate in the call by dialing 1-800-499-4035 (North
UMass Memorial Health Care and Siemens Implement Master Energy Plan to Ensure Long-Term
April 3, 2017
WORCESTER, Mass.--(BUSINESS WIRE)--Siemens has begun work on the second phase of a 10-year energy performance contract with UMass Memorial Health Care (UMass Memorial), designed to align with the health care system’s master energy plan to reduce energy consumption and energy purchasing costs, while maximizing the use of renewable energy
Standex Announces Closing of OKI Sensor Device Corporation Acquisition
April 3, 2017
SALEM, N.H.--(BUSINESS WIRE)--Standex International Corporation (NYSE:SXI) confirms that it has closed on its previously announced acquisition of OKI Sensor Device Corporation. As part of Standex, OKI Sensor Device Corporation, which enhances the Company’s access to important Asian markets, will now be named Standex Electronics Japan Ltd.
PPG Marks Completion of $3 Million Expansion at Oak Creek, Wisconsin, Plant
April 3, 2017
OAK CREEK, Wis.--(BUSINESS WIRE)--PPG (NYSE:PPG) today opened a nearly $3 million expansion for packaging coatings manufacturing at its Oak Creek, Wisconsin, plant. The 3,300-square-foot facility adds capacity for the production of food-can coatings to meet growing customer demand. PPG’s new generation of food-can coatings is designed to help
Cooper Tire Continues Sponsorship of Professional Baseball Teams
April 3, 2017
FINDLAY, Ohio--(BUSINESS WIRE)--For the sixth consecutive year, Cooper Tire & Rubber Company will sponsor professional baseball teams across the country. The 2017 season will include sponsorship of 10 teams – the Atlanta Braves, Cincinnati Reds, Houston Astros, Kansas City Royals, Los Angeles Dodgers, Minnesota Twins, New York Yankees,
Axalta Coating Systems Recognized by General Motors as a 2016 Supplier of the Year Winner
April 3, 2017
CLINTON TOWNSHIP, Mich.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named a GM Supplier of the Year by General Motors during its 25th annual Supplier of the Year awards ceremony held Friday, March 31, in Orlando, Florida. GM recognized 118 of its best suppliers from 15
How to Choose an ERP System for Your Data-Driven Machine Shop
April 3, 2017
Enterprise Resource Planning (ERP) emerged years ago as an integrated software system to make manufacturing operations, shopfloor activities and front-office management easier and more efficient. Business owners and managers embraced ERP because they are faced with a series of important, urgent questions every day. ERP helps meet this challenge. It
Complete Machining of Large Aerospace Parts
April 3, 2017
Aerospace components can be difficult to machine because of their large sizes, which often keep companies like Machine Specialties Inc. (MSI) of Whitsett, North Carolina, from being able to process them in a single clamping. This can lead to problems in accuracy and increased machining time. However, with an M120 Millturn from WFL Millturn
Mobile Industrial Robots Launches New MiR200 More Powerful Autonomous Mobile Robot that Supports
April 3, 2017
CHICAGO & ODENSE, Denmark--(BUSINESS WIRE)--Mobile Industrial Robots, (MiR), a next-generation developer and manufacturer of autonomous mobile robots (AMRs), is launching its newest robot, the MiR200, at Automate 2017 in Chicago today. The MiR200 is a more powerful mobile robot in almost every aspect than the company’s flagship MiR100,
Bluefish444 Demonstrates New KRONOS Range of I/O Cards at NAB Show 2017
April 3, 2017
NORTH MELBOURNE, Australia--(BUSINESS WIRE)--Bluefish444, manufacturer of the industry’s highest-quality uncompressed 4K/2K/HD/SD video I/O cards for the Windows, macOS and Linux operating systems, introduces the KRONOS range of video and audio I/O cards. The new line of KRONOS cards extends the feature set of Bluefish444’s Epoch video
Flexsteel Industries, Inc. Announces Dates for the Release of Third Quarter Fiscal 2017 Operating
April 3, 2017
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) announces that its operating results for the third quarter ended March 31, 2017 will be released on Thursday, April 20, 2017, after the market closes. Flexsteel Industries, Inc. is headquartered in Dubuque, Iowa, and was incorporated in 1929. Flexsteel is a designer,
The Crypton® Companies Acquired By Berkley Capital
April 3, 2017
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--The Crypton Companies (Crypton LLC & Nanotex LLC), leading providers of performance fabrics in the contract, home furnishings and apparel markets, today announced that Berkley Capital, LLC has acquired a majority stake. Berkley Capital will become majority owners of the new entity to be formed from the