Saturday, October 20, 2018
All News
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
Agenda of Inaugural Digital Textile Printing US Conference Features Experts from SGIA, Mimaki USA,
March 21, 2017
AKRON, Ohio--(BUSINESS WIRE)--Smithers Pira is pleased to announce the first-ever Digital Textile Printing US conference, taking place June 8-9, 2017 in Atlanta, Georgia. This year’s agenda features representatives from SGIA, Mimaki USA, Image Options, Aberdeen Fabrics, LASx, and many more. Recently announced presentations include: Digital
Realion Robotics Introduces Reliable, Capable, High Value Robots for Military Use
March 21, 2017
MCLEAN, Va.--(BUSINESS WIRE)--Military, police forces, and other government agencies have used unmanned ground robots for many years to go into harsh environments that may be unsafe for humans. Unfortunately, many of these robots, while essential, have proven to be expensive and to have long-term reliability issues. To address this challenge,
2.0A, 2.5A and 3.0A Power Switches from Diodes Incorporated Designed for USB Port Protection
March 21, 2017
PLANO, Texas--(BUSINESS WIRE)--Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic, analog and mixed-signal semiconductor markets, today introduced the AP22811 and AP22804/AP22814. Featuring an ultra-low on resistance to reduce power
Millennials More Upbeat on Manufacturing’s Future
March 21, 2017
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--A more optimistic outlook among millennials about the future of manufacturing could bode well for an industry that is contending with an ongoing skills shortage. Nearly half of U.S. millennials (47 percent) think there will be enough qualified professionals to fill manufacturing job demands in the next 10 years,
Siemens & Detroit Manufacturers Offer High School Students Intern-for-a-Day Opportunity
March 21, 2017
ATLANTA--(BUSINESS WIRE)--Siemens and Electro-Matic Products, Inc. will host its annual Manufacturing in America conference in Detroit, March 22-23, where more than 2,000 leaders from industry and academia attend for best practice sharing. As part of the 2017 program, being held at the Detroit Marriott at the Renaissance Center, high school
Industry Support Continues to Grow for 3rd Annual Drone World Expo; Complimentary Registration
March 21, 2017
SAN JOSE, Calif.--(BUSINESS WIRE)--Registration is now open for Drone World Expo 2017 at www.DroneWorldExpo.com. From October 3-4, the 3rd annual Drone World Expo will once again gather thousands of thought leaders, end-users and decision makers in the commercial drone industry at the San Jose Convention Center. This premier event, held in the
New KYOCERA a-Si Photoreceptor Drum for Document Equipment Improves Durability, Reduces Internal
March 21, 2017
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (NYSE:KYO)(TOKYO:6971) introduced a new imaging component that is expected to set a new standard for durability in office document equipment, including laser printers and multifunctional products (MFPs) that use electrophotographic technology. Kyocera’s new LF Series amorphous silicon (a-Si)
Osram Bi-Directional Interface Enables Streamlined Configuration of Smart Luminaires That Are
March 21, 2017
WILMINGTON, Mass.--(BUSINESS WIRE)--Osram, a leading global lighting and technology company, today announced Osram DEXAL™ (Data Exchange for Advanced Lighting) -- a non-proprietary, intra-luminaire interface that enables power and bi-directional communication between the driver and the fixture-integrated component providing exact
Phononic Partners with UNC REX Healthcare to Bring High Performing Evolve Refrigerators to New
March 21, 2017
DURHAM, N.C.--(BUSINESS WIRE)--Phononic, the company revolutionizing cooling and heating with solid-state technology, today announced that UNC REX Healthcare, a private, not-for-profit community hospital in the UNC Health Care system, has outfitted its newly opened North Carolina Heart & Vascular Hospital at UNC REX with Evolve refrigerators.
‘Sixth man’ helps keep Bellarmine athletes healthy
March 21, 2017
LOUISVILLE, Ky.--(BUSINESS WIRE)--Bellarmine University, whose basketball program is on its way to the NCAA Division II Elite Eight competition, has become the latest collegiate athletic program to deploy CuVerro® copper in its steps to promote greater hygiene and fight the spread of bacteria that cause infections in their sports facilities.
Swift Playgrounds Now Available in Five Additional Languages
March 21, 2017
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced that Swift Playgrounds™, a revolutionary app for iPad® that helps students learn to code, is now available in five new languages including Simplified Chinese, Japanese, French, German and Latin American Spanish. Designed to make learning and experimenting with real code
EnerNex Leadership Team Grows with Grid Modernization Expert Ron Chebra
March 21, 2017
KNOXVILLE, Tenn.--(BUSINESS WIRE)--EnerNex, an electric power research, engineering and consulting firm, announces the addition of Ron Chebra as Vice President of Grid Modernization. As a recognized thought leader and industry expert in utility modernization, Chebra joins EnerNex with over 30 years of operating knowledge in technology solutions in
RealWear’s HMT-1 Voice-Driven, Hands-Free, Head-Mounted Tablet Ships to Pioneer Partners Globally
March 21, 2017
MILPITAS, Calif.--(BUSINESS WIRE)--RealWear today announced it has shipped the first Pioneer units of the HMT-1, the first voice-driven, completely hands-free, head-mounted tablet for connected industrial workers. The RealWear HMT-1 is a new kind of wearable that transcends both enterprise tablets and smart glasses, offering workers the
New Mill Capital to Auction Former Kraft Heinz Bakery in Maryland
March 21, 2017
FEDERALSBURG, Md.--(BUSINESS WIRE)--New Mill Capital Holdings (www.newmillcapital.com) is set to auction all production equipment of the recently acquired Kraft Heinz bakery in Federalsburg, MD. The 103,000 square-foot plant, previously served as a bread and dehydrated product production operation for Stove Top Stuffing among other products.
Greiner Bio-One North America, Inc. and Nano3D Biosciences Innovate to Bring New 3D Cell Culture
March 21, 2017
MONROE, N.C.--(BUSINESS WIRE)--Greiner Bio-One North America, Inc. and Nano3D Biosciences, Inc. are collaborating with University of Colorado and BioServe Space Technologies to broach a new frontier in the biotechnology industry by adapting their products to perform 3D cell culture applications in a microgravity environment. This work is being
The New Vanta Handheld X-ray Fluorescence (XRF) Analyzer for RoHS and Consumer Safety Delivers
March 21, 2017
WALTHAM, Mass.--(BUSINESS WIRE)--Olympus’ latest addition to the Vanta™ series of handheld XRF analyzers is optimized to help ensure compliance with the Restriction of Hazardous Substances Directive (RoHS) and local or international regulatory laws. Like every Vanta analyzer, this new model combines fast, accurate results with a durable
REV Group Expands Market Partnership With ETR Vehicles in Georgia
March 21, 2017
MILWAUKEE, Wis.--(BUSINESS WIRE)--REV Group, a $2+ billion manufacturer of industry-leading motor vehicle brands has expanded its market partnership with ETR Vehicles, an emergency vehicle dealership located in Sanford, Florida. ETR will now provide sales and service in the state of Georgia for Wheeled Coach and Road Rescue. In addition to Wheeled
The Buckle, Inc. Reports Quarterly Dividend
March 21, 2017
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of the Board of Directors, held on March 20, 2017, the Board authorized a $0.25 per share quarterly dividend to be paid to shareholders of record at the close of business on April 13, 2017, with a payment date of April 25, 2017. About
The LGL Group, Inc. Reports Full Year and Q4 2016 Financial Results
March 21, 2017
ORLANDO, Fla.--(BUSINESS WIRE)--The LGL Group, Inc. (NYSE MKT:LGL) (the “Company” or “LGL”), announced results for the full year and quarter ended December 31, 2016. Summary of 2016 Full-Year Financial Results: Revenues of $20.9 million, up 0.9% compared to 2015 Net income of $0.06 per share compared to a net loss of ($0.27)
Cummins to Cut Its Global Water Use in Half by 2020
March 21, 2017
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced it has increased its facility water goal to a 50 percent intensity reduction by 2020 from a baseline of 2010. It makes the announcement ahead of World Water Day, which is celebrated on March 22. Cummins released its water conservation goal in 2014 as part of its 2020