Monday, December 10, 2018
All News
Fashion worlds collide with NBA Super Star and Fashion Brand FIVE FOUR
March 2, 2017
LOS ANGELES--(BUSINESS WIRE)--Five Four Co-Founders, Andres Izquieta and Dee Murthy push the boundaries of culture and society with their latest campaign featuring Los Angeles Clipper and 9-time NBA Star, Chris Paul. Emerging as an eminent force in fashion, Chris fuses his personal style with the signature aesthetic of FIVE FOUR to disrupt the idea
Alcoa Corporation Streamlines Company Structure
March 2, 2017
NEW YORK--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA), a global leader in bauxite, alumina and aluminum products, today announced that it is consolidating its business units to reduce complexity. Effective immediately, the aluminum smelting, cast products and rolled products businesses, along with the majority of the energy segment assets, will
Proto Labs Wins Frost & Sullivan Manufacturing Leadership Award for Third Straight Year
March 2, 2017
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--Proto Labs Inc. (NYSE: PRLB), a leading online and technology-enabled quick-turn manufacturer, has been awarded a 2017 Manufacturing Leadership Award by corporate growth consulting firm Frost & Sullivan. The awards honor companies and individuals shaping the future of global manufacturing. Proto Labs was
Henkel Submits Binding Offer to Acquire Darex Packaging Technologies for $1.05 Billion US Dollars
March 2, 2017
ROCKY HILL, Conn.--(BUSINESS WIRE)--Henkel has entered into exclusive negotiations with GCP Applied Technologies to acquire their global Darex Packaging Technologies business for $1.05 billion US dollars on a cash and debt free basis. Today Henkel has submitted a binding offer for the Darex Packaging Technologies business. Darex is based in
Watch now: BizWireTV Shows Off the Latest Autonomous Vehicle Tech and a Sneak Peek at Next Week’s
March 2, 2017
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, catch what’s on The Launch Pad and see what’s happening in the startup world with the Accelerator Report, featuring the VC Watch and this week’s Startup Standout. Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands, on any screen you want by
Fujitsu Brings Mobile Network Product Manufacturing to its U.S. Plant
March 2, 2017
RICHARDSON, Texas--(BUSINESS WIRE)--Fujitsu Network Communications, Inc. is partnering with HFR, Inc., a South Korean telecom technology specialist, to produce the Smart CPRI Transport solution at Fujitsu’s Richardson, Texas-based manufacturing plant. Fujitsu will increase its skilled manufacturing workforce to produce the product, which
UCF and Siemens Unveil State of the Art Lab to Turn Students into Digital Grid Tech Experts
March 2, 2017
ORLANDO, Fla.--(BUSINESS WIRE)--Homes and businesses can often be left without power for days or weeks after a severe hurricane or blizzard. And with the growth of renewables, utilities and power operators are faced with bringing these intermittent resources onto the grid while still providing their customers with reliable power. A new lab unveiled
Praxair and Libbey Receive 2.3 Million Euro Grant for Emissions Reduction Project in Europe
March 2, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) and its customer, Libbey Inc. (NYSE MKT:LBY), together have been awarded a 2.3 million euro LIFE grant (LIFE15 CCM/NL/000121 – LIFE OPTIMELT) from the European Commission. The LIFE program is the European Union’s financial instrument for supporting environmental, conservation and
Avery Dennison Completes Hanita Coatings Acquisition
March 2, 2017
GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced it has completed the acquisition of Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates, from Kibbutz Hanita and Tene Investment Funds. Headquartered in northern Israel with sales and distribution facilities in the
Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share
March 2, 2017
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, announces that its board of directors has declared a quarterly dividend in the amount of $0.01 per share payable on March 31, 2017 to shareholders of record as of the close of business on March 17, 2017, provided that the
The Buckle, Inc. Reports February 2017 Net Sales and Announces Fourth Quarter Earnings Conference
March 2, 2017
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 4-week period ended February 25, 2017 decreased 23.2 percent from comparable store net sales for the 4-week period ended February 27, 2016. Net sales for the 4-week fiscal month ended February 25,
Joy Global Announces First Quarter Fiscal 2017 Operating Results
March 2, 2017
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported first quarter fiscal 2017 results. First Quarter Summary Bookings $615 million, up 12 percent from a year ago Service bookings $524 million, increased 21 percent from a year ago Net sales $498 million, down 5 percent
SAIC Schedules Fourth Quarter and Full Fiscal Year 2017 Earnings Release and Conference Call for
March 2, 2017
MCLEAN, Va.--(BUSINESS WIRE)--Science Applications International Corporation (NYSE: SAIC), a leading technology integrator for government and select commercial customers, is scheduled to issue its fourth quarter and full fiscal year 2017 earnings press release and hold a conference call before open of market on Thursday, March 30, 2017. SAIC
Huazhang Technology Reached First RDF Project Agreement to Introduce Refused Waste Derived Fuel
March 2, 2017
HONG KONG--(BUSINESS WIRE)--Huazhang Technology Holding Limited (“Huazhang” or the “Group”, stock code: 1673) is pleased to announce that the Group has reached a refused waste derived fuel (“RDF”) project agreement with Jiangsu Chamfor Paper Industry Co., Ltd., a paper manufacturer in the PRC, to provide
Superior Industries Reports Fourth Quarter and Full Year 2016 Financial Results
March 2, 2017
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), the largest manufacturer of aluminum wheels for light vehicles in North America, today reported financial results for the fourth quarter and fiscal year ended December 25, 2016. Don Stebbins, President and Chief Executive Officer, commented, “In 2016 we
Ryder to Be a Gold Sponsor of 49th Wharton Global Forum
March 2, 2017
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it is a gold sponsor of the 49th Wharton Global Forum. The Forum, which provides leaders from industry, government, and academia with opportunities to learn from and interact with
Littelfuse Increases Investment in Monolith Semiconductor
March 2, 2017
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., (NASDAQ:LFUS) today announced it has made an incremental $15 million investment in Monolith Semiconductor Inc., a Texas-based start-up company developing silicon carbide technology. Silicon carbide is a rapidly emerging semiconductor material that enables power devices to operate at higher switching
Olympic Steel Reports 2016 Fourth-Quarter and Full-Year Results
March 2, 2017
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc., (Nasdaq: ZEUS), a national metals service center, today announced financial results for the fourth quarter and full year ended Dec. 31, 2016. Net sales in the 2016 fourth quarter increased 7.3%, to $254.9 million, up from $237.5 million in the same quarter of the prior year. Full-year 2016 net sales
AgTech Accelerator Launches First Investment in Novel Fungicide Company, Boragen Inc., with $10
March 2, 2017
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--AgTech Accelerator™, the unique startup accelerator vehicle dedicated to emerging agricultural technologies, today announced the launch of its first AgTech startup, Boragen Inc., with a $10 million Series A financing round. Boragen is developing a novel synthetic chemistry platform, initially
LSIS Unveiled ESS-based Megasolar EPC Project, the Biggest in Japan
March 2, 2017
GEONGGI, South Korea--(BUSINESS WIRE)--LSIS will participate in International Smart Grid Expo 2017 of World Smart Energy Week (hereafter referred to as “WSEW”) in Big Sight, an international exhibition center located in Tokyo, Japan. The event will be held from March 1st to 3rd, to introduce Shin Chitose megasolar EPC project and also
Mitsubishi Electric to Build Integrated Factory for VI/VCB Production
March 2, 2017
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it would build an integrated factory for the production of vacuum interrupters (VI) and vacuum circuit breakers (VCB) at its Power Distribution Systems Center in Marugame, Japan. Operation is scheduled to start in July 2018. The company will utilize its
Hexion Inc. Announces Fourth Quarter and Fiscal Year 2016 Earnings Conference Call
March 2, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or the “Company”) will host a teleconference to discuss Fourth Quarter and Fiscal Year 2016 results on Friday, March 3, 2017, at 10 a.m. Eastern Time. The Company will issue a press release announcing its financial results for the Fourth Quarter and Fiscal Year ended
CloudMinds and LEIA Announce Strategic Partnership to Deliver 3D Holographic Experience on Mobile
March 2, 2017
BARCELONA, Spain--(BUSINESS WIRE)--CloudMinds Technology Inc. and LEIA Inc. announced today a strategic partnership to jointly deliver technologies in 3D Holographic Reality and Artificial Intelligence (AI) onto mobile devices. The combined platform will allow the processing and secure delivery of multi-view 3D “Lightfield” content
Posidyne® Clutch/Brakes Available in Space-Saving Piggyback Design
March 2, 2017
Posidyne® clutch brakes, with oil shear technology that allows rapid and precise stopping, starting, reversing, speed change and positioning, all without adjustment or maintenance, are now available in space-savings piggyback designs. 
Jobless Claims Hit 44 Year Low
March 2, 2017
The number of Americans filing for unemployment benefits fell to near a 44-year-low last week, pointing to further tightening in the labor market even as economic growth appears to have remained moderate in the first quarter.
How You Could Be Secretly Killing Your Industrial Machines 
March 2, 2017
Bad water will turn even the best coolant or cleaner into a rust-inducing liquid. 
Ternium Announces Investment in New Galvanizing and Pre-Painting Lines in Mexico
March 1, 2017
LUXEMBOURG--(BUSINESS WIRE)--Ternium S.A. (NYSE: TX) today announced its plans to build a hot-dip galvanizing line and a pre-painting line in its facility in Pesquería, Mexico. The new lines will target Mexico’s industrial markets, deepening the company’s import substitution strategy. Ternium’s new hot-dip galvanizing and
Xerium Reports Full Year and Q4 2016 Results
March 1, 2017
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Xerium Technologies, Inc. (NYSE:XRM), a leading, global provider of industrial consumable products and services, today reported fourth quarter and full year 2016 financial results. Harold Bevis, President and Chief Executive Officer said, “2016 was a noteworthy year for Xerium as the Company ramped up its
Packaging Corporation of America Declares Quarterly Dividend
March 1, 2017
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $0.63 per share on its common stock. The quarterly dividend of $0.63 per share will be paid to shareholders of record as of March 15, 2017 with a payment date of April 14, 2017. Future declaration
ATREG Successfully Advises Cypress Semiconductor on Sale of 200mm Bloomington, Minn. Fab
March 1, 2017
SEATTLE--(BUSINESS WIRE)--ATREG, Inc., which specializes in helping global companies divest and acquire infrastructure-rich advanced technology cleanroom assets, announced today that it has successfully advised Cypress Semiconductor Corp. (Nasdaq: CY) on the sale of the subsidiary that owns its operational 200mm semiconductor manufacturing
Cognex to Present at Raymond James Institutional Investors Conference
March 1, 2017
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) announced today that John J. Curran, Senior Vice President and CFO of Cognex, will discuss the company’s performance and future prospects at the 38th Annual Raymond James Institutional Investors Conference at the J.W. Marriott Grande Lakes Hotel, Orlando, FL. Mr. Curran’s
IFC, AMC Provide $100 Million to Diversify Latin America’s Energy Mix and Support Clean Energy
March 1, 2017
WASHINGTON--(BUSINESS WIRE)--IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), invested a combined $100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital. Orazul
Greif Reports First Quarter 2017 Results
March 1, 2017
DELAWARE, Ohio--(BUSINESS WIRE)--Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced first quarter 2017 results. “Our global portfolio delivered solid results during the first quarter,” said Greif’s President and Chief Executive Officer, Pete Watson. “Greif’s gross
Ferro Reports Strong Fourth-Quarter and Full Year Results; Driven by Higher-value Portfolio as
March 1, 2017
CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE, the “Company”) today reported results for the fourth quarter and full year ended December 31, 2016. Peter Thomas, Ferro’s Chairman, President and CEO, said, “Ferro delivered another strong quarter, capping a year that illustrates the success of our strategy to
Triumph Awarded Contract with Korea Aerospace Industries For KF-X Airframe Mounted Accessory Drive
March 1, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) was selected by Korea Aerospace Industries, Ltd. (KAI), to provide Airframe Mounted Accessory Drives (AMAD) on the new KF-X fighter aircraft. The contract is in support of the latest generation of the air superiority fighter, which is scheduled to make its first flight in mid-2022 and
Fortune Brands Announces $300 Million Share Repurchase Authorization
March 1, 2017
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced its Board of Directors has authorized the repurchase of up to $300 million of shares of the Company’s common stock over the next two years on the open market or in privately
Hudson Technologies Reports Record Revenues of $105.5 Million for Full Year 2016; Diluted EPS of
March 1, 2017
PEARL RIVER, N.Y.--(BUSINESS WIRE)--Hudson Technologies, Inc. (NASDAQ:HDSN) announced results for the fourth quarter ended December 31, 2016. The Company reported revenues of $7.8 million, for the fourth quarter ended December 31, 2016, an increase of 7% compared to $7.3 million in the comparable 2015 period. The revenue increase in the quarter is
Ascend Performance Materials Introduces Three New Specialty Amines
March 1, 2017
HOUSTON--(BUSINESS WIRE)--Ascend Performance Materials announced today an expansion of its line of specialty amines. The company has added three new grades for use in energy, coatings and asphalt applications. The expansion is driven by customer needs and is the first in a series of new product introductions planned for 2017. Ascend’s new
Trinseo Elects Alvarado, Johnson, and Krecké to its Board of Directors
March 1, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced Joseph Alvarado, K’Lynne Johnson and Jeannot Krecké have been elected to its Board of Directors, effective March 1, 2017, replacing three seats held by members of Bain Capital
Optomec Partners with Tongtai to Deliver Hybrid Additive Manufacturing Machines in Taiwan
March 1, 2017
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Optomec, a leading global supplier of production grade additive manufacturing (AM) systems for 3D Printed Metals and 3D Printed Electronics, today announced an agreement with Tongtai Machine & Tool Company (TWSE: 4526.TW), one of the largest machine tool suppliers in Taiwan. The agreement enables Tongtai to
Engility to Introduce TDL Lite for Android and Windows during 2017 JRE Operator’s Working Group in
March 1, 2017
CHANTILLY, Va. & SAN DIEGO--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE: EGL) will introduce its new Tactical Data Link (TDL) Lite for Android and Windows during its JRE Operator’s Working Group conference in San Diego, California, March 7-8. This latest Engility innovation brings a streamlined and responsive user interface, reliable
3M Announces Upcoming Investor Events
March 1, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: J.P. Morgan Aviation, Transportation, and Industrials Conference in New York, N.Y., on Tuesday, March 14, 2017. Nick Gangestad, senior vice president and chief financial officer, will speak at 1:45 p.m. EDT. First-quarter 2017 earnings conference call on
Accuride’s Mary E. Blair Named 2017 STEP Ahead Award Honoree
March 1, 2017
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation – a leading supplier of components to the North American and European commercial vehicle industries – today announced that The Manufacturing Institute has honored Accuride’s Mary E. Blair, Senior Vice President, Supply Chain Management, as a recipient of its Women in
Comtech Telecommunications Corp. Secures $4.5 Million Agreement for Navigation and Telematics
March 1, 2017
MELVILLE, N.Y.--(BUSINESS WIRE)--March 1, 2017 -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its third quarter of fiscal 2017, the Company’s Commercial Solutions segment has received a $4.5 million multi-year contract agreement from a major mobile network operator in the Republic of China for use of the
The Vomela Companies Make Tactical Acquisition of Commercial Printer Elk Grove Graphics
March 1, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--The Vomela Companies of St. Paul, Minnesota announced it has completed the acquisition of Elk Grove Graphics, of the Chicagoland area. The acquired business will continue to operate under the name “Elk Grove Graphics” and will operate as a division of C2 Imaging, LLC a unit of The Vomela Companies. Elk
Exact Congratulates Solaire Medical on 2017 Frost & Sullivan Manufacturing Leadership Award Win
March 1, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Exact, a global frontrunner in business software for small and medium-sized enterprises (SMEs), today announced that its customer Solaire Medical has been named a 2017 Manufacturing Leadership Awards winner by Frost & Sullivan. Solaire was recognized in the “Operational Excellence Leadership”
C-MCC Development Group to Build a Multi Commodities Centre (C-MCC) in Curacao
March 1, 2017
NEW YORK--(BUSINESS WIRE)--A long term lease agreement between Curaçao Airport Holdings (CAH) and C-MCC Development Group LLC, was signed in Curaçao on Monday, February 13, 2017. The agreement provides for the Airport Terminal Building, and 200 additional acres – 81 hectares - for the development of the Curaçao-Multi
Keysight Technologies Introduces Ultra-Low Cost Oscilloscope Series
March 1, 2017
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) today announced the InfiniiVision 1000 X-Series oscilloscopes. This new low-cost oscilloscope series, with a starting price of $449 (USD), has 50 to 100 MHz models that feature unique, Keysight-custom technology. The oscilloscopes deliver professional-level functionality
Rocket Fuel Expands Global Presence With New Prague Office Focused on Engineering
March 1, 2017
SAN FRANCISCO--(BUSINESS WIRE)--Rocket Fuel Inc. (NASDAQ:FUEL), a leading predictive marketing platform provider, today announced the opening of an office in Prague, Czech Republic. This new location will allow Rocket Fuel to expand its global presence and leverage Prague’s diverse tech talent to build out its engineering team. “As
Dura Coat Features Tough, Flexible Coatings at 50th National Frame Building Expo in Nashville
March 1, 2017
GLEN MILLS, Pa.--(BUSINESS WIRE)--Dura Coat Products, Inc., an Axalta Coating Systems (NYSE: AXTA) company, will feature its premium quality line of high-performance coatings at booth #737 at the Frame Building Expo, held at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee, on March 8-10. The Frame Building Expo is the