Friday, June 22, 2018
All News
The Homer Laughlin China Company® and Union Reach Agreement on New Three-Year Contract
November 17, 2016
NEWELL, W. Va.--(BUSINESS WIRE)--The Homer Laughlin China Company and its employee members of the Glass, Molders, Pottery, Plastics & Allied Workers Union (GMP) Local 419 today reached an agreement on a new three-year labor contract. Union officials, led by Tom Hubbard, GMP Local 419 president, informed Homer Laughlin that the agreement had
SF Motors to Invest $10.7 Million, Create 150 Jobs in US R&D in Ann Arbor Region
November 17, 2016
ANN ARBOR, Mich.--(BUSINESS WIRE)--SF Motors, with support from Ann Arbor SPARK, the Michigan Economic Development Corp. (MEDC), and Pittsfield Township, recently chose the Ann Arbor region for its U.S. research and development operations. The company will invest more than $10.7 million in the project, which will create 150 new jobs. SF Motors
Ultratech Announces Participation in Midtown CAP Investor Summit on December 8
November 17, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Ultratech, Inc. (Nasdaq:UTEK), a leading supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), today announced that it will participate in the 5th Annual Midtown CAP Investor Summit to be held December 8, 2016 at the Le Parker
Lamb Weston Names Robert McNutt Chief Financial Officer
November 17, 2016
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today that Robert McNutt has been appointed senior vice president and chief financial officer, effective Jan. 16, 2017. McNutt will report to Tom Werner, president and chief executive officer of Lamb Weston. McNutt brings more than 30 years of finance leadership
ON Semiconductor Announces Redemption of Its 2.625% Convertible Senior Subordinated Notes Due 2026,
November 17, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON) today announced that it is exercising its option to redeem all remaining outstanding 2.625% Convertible Senior Subordinated Notes due 2026, Series B (CUSIP No. 682189AH8) (the “Notes”) amounting to an aggregate principal amount of $356.93 million. The redemption date
Curtiss-Wright Declares Dividend of $0.13 Per Share for Common Stock
November 17, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a dividend of thirteen cents ($0.13) per share on Curtiss-Wright Common Stock, payable December 9, 2016 to stockholders of record November 28, 2016. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE:CW) is a
Mouser Electronics and Grant Imahara Partner with Easy Aerial to Develop a Unique Search and Rescue
November 17, 2016
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics Inc., together with Easy Aerial Inc. and celebrity engineer Grant Imahara today launched its newest series in the Empowering Innovation Together™ program. The new Project First Responders features a cloud-based drone platform called GlobalARC for autonomous search and rescue.
Accuride Corporation Announces Expiration and Results of Cash Tender Offer for Its 9.5% First
November 17, 2016
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation (“Accuride” or the “Company”) (NYSE: ACW) – a leading supplier of components to the North American and European commercial vehicle industries – today announced the expiration and results of its previously announced cash tender offer (the “Tender
Getting Down to Business – Drone World Expo Attracts over 2,700 Commercial Drone Attendees to
November 17, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--The 2nd Annual Drone World Expo attracted 2,711 commercial drone professionals this week to the San Jose Convention Center. The exhibit hall featured nearly 100 exhibiting companies showcasing the newest products and solutions with a world-class education program featuring a stellar line up of 120 end users,
Lenovo Boosts Supply Chain Visibility and Performance With Elementum
November 17, 2016
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elementum, the cloud-based supply chain platform, today announced that Lenovo will be harnessing the world’s only Product Graph™ to drive visibility and velocity across procurement, logistics, manufacturing, and inventory operations in its Data Center business. A global company with operations in
FIRST®, Booz Allen Hamilton and Qualcomm Host Event Aboard USS Midway to Expand STEM Opportunities,
November 17, 2016
SAN DIEGO--(BUSINESS WIRE)--FIRST®, an international, K-12 not-for-profit founded to inspire young people’s interest and participation in science and technology, rallied support for STEM (Science, Technology, Engineering, and Math) education through a series of activities on Tuesday during its inaugural VIP reception, aboard the USS
IQMS Director of Industry Relations Presents IoT in Manufacturing Best Practices at Advanced
November 17, 2016
PASO ROBLES, Calif.--(BUSINESS WIRE)--Best practices for leveraging the Internet of Things (IoT) in manufacturing was the presentation theme of IQMS Director of Industry Relations Ed Potoczak at Advanced Manufacturing Canada 2016. Pulling from the real-world experiences of companies that rely on IQMS, a leading manufacturing ERP software and
Rapid Growth and Expansion in APAC will Drive the Fluoropolymer Market Until 2020, Says Technavio
November 17, 2016
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global fluoropolymer market is expected to reach 939.2 kilotons by 2020, growing at a CAGR of nearly 6%. This research report titled ‘Global Fluoropolymer Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging
LBC Tank Terminals Holding Netherlands B.V. Announces Q4 FY16 Financial Results Conference Call
November 17, 2016
ROTTERDAM, Netherlands--(BUSINESS WIRE)--LBC Tank Terminals announced today it will hold a conference call to discuss its financial results for Q4 FY16 ended 30 June 2016. The results will be published today, Thursday 17 November 2016, followed by a conference call for all investors on Wednesday, 23th November 2016 at 16:00 (Central European Time)
Top 5 Vendors in the Exhaust Gas Recirculation System Market in Commercial Vehicles From 2016 to
November 17, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global exhaust gas recirculation (EGR) system market in commercial vehicles report. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period. The global EGR system market for commercial
Fitch: Revised Trade Policies A Risk for NA Commercial Aerospace
November 17, 2016
NEW YORK--(BUSINESS WIRE)--Revised trade policies emerging from a new US administration could hamper the competitiveness of North American commercial aerospace companies, especially Boeing, one of the country's largest exporters, according to Fitch Ratings. Trade with China is particularly relevant. China drives much of the growth in the commercial
SHS invests in innovative 3D printing specialist - Emerging Implant Technologies (EIT) receives
November 17, 2016
TÜBINGEN & TUTTLINGEN, Germany--(BUSINESS WIRE)--SHS Gesellschaft für Beteiligungsmanagement mbH is investing in EIT Emerging Implant Technologies GmbH. EIT was established in Tuttlingen, Germany in 2014 and manufactures spinal implant cages using 3D printing technology. SHS is investing funds from its fourth fund generation to
Axalta’s Color of the Year – Brilliant Blue – Makes a Splash at SEMA
November 17, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems’ (NYSE: AXTA) North American Automotive Color of the Year 2016, Brilliant Blue, made a splash at the recent Specialty Equipment Market Association (SEMA) automotive aftermarket tradeshow in Las Vegas, Nevada. The dazzling color was prominently featured on Mark Stuart’s 1934 Ford
Littelfuse POWR-SPEED™ Fuses are Product of the Year Finalist
November 17, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., the global leader in circuit protection, today announced the new line of Littelfuse POWR-SPEED™ fuses has been selected as a finalist in Plant Engineering magazine’s 2016 Product of the Year program. This is the second consecutive year a Littelfuse product has been named a finalist in the
Steiner Electric Named Illinois Large Family Business of the Year by Loyola University of Chicago,
November 17, 2016
ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--Electrical, industrial, and generator distributor Steiner Electric Company has been recognized by Loyola University of Chicago’s Quinlan School of Business as its Illinois Large Family Business of the Year 2016. The Quinlan School rates local family-owned firms on business success, multi-generational
Natuzzi S.p.A. Q3 and Nine Months 2016 Consolidated Results
November 17, 2016
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) has approved the Q3 2016 consolidated results. Following the Board meeting, the Chairman and CEO Pasquale Natuzzi stated: “We have operated the third quarter of 2016 under our new strategy and organization and the results, although not
Trace One Survey Reveals Consumers Overwhelmingly see Value in Private Label Brands
November 17, 2016
BOSTON--(BUSINESS WIRE)--With the holidays fast approaching, many consumers will be looking for the best buys at the grocery store. To give grocery retailers and manufacturers direct access to the voice of the consumer, Trace One recently conducted a survey to determine what shoppers want from private label products. Conducted with 2,000 consumers
Management change at Rejlers
November 17, 2016
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Mats Åström is leaving his position as CFO at Rejlers AB for personal reasons. “Mats has played an important role in the Group management during his two years as CFO at Rejlers, and has contributed positively to the company’s development. I would like to thank him for his
Cooper Tire & Rubber Company to Present at Bank of America Merrill Lynch Leveraged Finance
November 17, 2016
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today announced that Vice President and Treasurer Tom Lause will present at the Bank of America Merrill Lynch Leveraged Finance Conference on Nov. 29 at 9:30 a.m. EST. The conference will be webcast live at http://www.veracast.com/webcasts/baml/levfin2016/id59105357208.cfm
Optical Clock Technology Tested in Space for the First Time
November 17, 2016
WASHINGTON--(BUSINESS WIRE)--For the first time, an optical clock has traveled to space, surviving harsh rocket launch conditions and successfully operating under the microgravity that would be experienced on a satellite. This demonstration brings optical clock technology much closer to implementation in space, where it could eventually allow
PVH Corp. to Host Conference Call to Discuss Third Quarter 2016 Earnings Results
November 17, 2016
NEW YORK--(BUSINESS WIRE)--PVH Corp. (NYSE: PVH) today announced that it will release its third quarter 2016 earnings results on Wednesday, November 30, 2016 after the market closes. PVH will sponsor a conference call on Thursday, December 1, 2016 beginning at 9:00 A.M. Eastern Time, hosted by Emanuel Chirico, Chairman and Chief Executive Officer,
New Smart Hang-Tag from Thinfilm and Bedford Delivers Powerful Turn-Key Solution for NFC Mobile
November 17, 2016
OSLO, Norway--(BUSINESS WIRE)--Thin Film Electronics ASA (“Thinfilm”), a global leader in NFC (near field communication) smart-packaging solutions using printed electronics, today announced a partnership with Bedford Industries, an innovative manufacturer of product ties, closures and identification tags. The two companies will
Materialise Announces Preparation Build Processor with AddUp, the Global Metal 3D Printing Company
November 17, 2016
FRANKFURT, Germany--(BUSINESS WIRE)--Materialise NV (NASDAQ:MTLS), the leading provider of Additive Manufacturing software and sophisticated 3D printing solutions in the medical and industrial markets, and AddUp, a global offer in metal 3D Printing by Fives Michelin Additive Solutions, have announced the development of a Build Processor that will
IMVAC 2016 Inaugural Conference is a Success, Adds a Fourth Event Venue During 2017
November 17, 2016
ORLANDO, Fla.--(BUSINESS WIRE)--Industry's newest educational event, the International Machine Vibration Analysis Conference (IMVAC), today announced that its recent four-track forum and exposition held in Orlando, Florida proved to be a great success for attendees, sponsors and conference organizers. The inaugural IMVAC was well-attended, drawing
Deswell Announces First Half 2017 Results
November 17, 2016
MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the first six months ended September 30, 2016. Net sales for the first six months ended September 30, 2016 were $20.6 million, a decrease of 12.7% compared to net sales of $23.6 million for the six months ended September 30, 2015. Net
XPEL Reports Third Quarter Revenue Growth of 25%
November 17, 2016
SAN ANTONIO--(BUSINESS WIRE)--XPEL Technologies Corp. (TSXV: DAP.U), a leading supplier of automotive paint protection and window films, announced results for the third quarter and nine months ended September 30, 2016. Mr. Ryan Pape, President and Chief Executive Officer of XPEL, commented, “We’re pleased with our strong third quarter
Analog Devices Acquires Laser Beam Steering Technology from Vescent Photonics to Enable Mainstream
November 17, 2016
NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (ADI) today announced the acquisition of a solid-state laser beam steering technology from Vescent Photonics, Inc., a privately held company based in Golden, Colorado. Vescent’s innovative non-mechanical beam steering technology enables more robust integrated LIDAR1 systems that
Snap-on Acquires Sturtevant Richmont
November 17, 2016
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced that it has acquired Sturtevant Richmont for approximately $13 million in cash. Based in
Supreme Industries, Inc. Declares $0.30 in Cash Dividends
November 17, 2016
GOSHEN, Ind.--(BUSINESS WIRE)--Supreme Industries, Inc. (NYSE MKT: STS), a leading manufacturer of specialized commercial vehicles including truck bodies and specialty vehicles, today announced that its Board of Directors has declared a special cash dividend of twenty six and one half cents ($0.265) per share on its Class A and Class B common
Gogo Adds Intelsat 29e Services to Provide Broadband Connectivity for Aircraft Crossing the North
November 17, 2016
LUXEMBOURG--(BUSINESS WIRE)--Intelsat (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced that Gogo (NASDAQ: GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, has signed an agreement for services on the
Notice to the Extraordinary Shareholders’ Meeting in Swedish Match AB (publ)
November 17, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: The shareholders of Swedish Match AB (publ) (STO:SWMA), Reg. No. 556015-0756, are hereby notified of the Extraordinary Shareholders’ Meeting to be held on Friday, December 16, 2016, at 09.00 CET at Sveavägen 44, Stockholm, Sweden. Agenda 1. Opening of the Meeting and election of the Chairman
SAP, Stratasys Accelerate Distributed Manufacturing Innovation Across Network of 3D Printing Labs
November 17, 2016
MINNEAPOLIS--(BUSINESS WIRE)--SAP SE (NYSE: SAP) and Stratasys Ltd. (Nasdaq: SSYS) today announced that SAP is establishing along with Stratasys, a global network of 3D printing co-innovation labs to educate and enable customers, employees and partners on the adoption of additive manufacturing as an integral part of the manufacturing
Bong AB: Interim Report January-September 2016
November 17, 2016
KRISTIANSTAD, Sweden--(BUSINESS WIRE)--Regulatory News: Bong AB (STO:BONG) "Sterling devaluation has hit Bong hard since we were not able to pass on price increases to our customers at the same pace as the increasing cost. Bong is continuously decreasing its cost and, meanwhile, putting more and more focus on light packaging business as well as
CMOC Announces Acquisition of Freeport-McMoRan’s Indirect 56% Interest in Tenke Fungurume for
November 17, 2016
HONG KONG & SHANGHAI--(BUSINESS WIRE)--China Molybdenum Co., Ltd (“CMOC”) is pleased to announce that all conditions precedent set out in the Stock Purchase Agreement with Freeport-McMoRan (“FCX”) to acquire their indirect 70 percent interest in TF Holdings Limited (“TFHL”) has been fulfilled and the
New York Lost Manufacturing Jobs Over the Past Year
November 17, 2016
New York manufacturing employment inched down for another year, continuing the slow downward slide the state has suffered since the end of the recession, reports the 2017 New York Manufacturers Register®.
Air- and Energy-Saving EMA Series Compact Ejector by FIPA
November 17, 2016
EMA Series compact ejectors achieve operational savings of up to 97% when handling non-porous, light- to medium-weight workpieces.  
Aegion Corporation Announces New $40 Million Share Repurchase Program for 2017
November 16, 2016
ST. LOUIS--(BUSINESS WIRE)--Aegion Corporation (Nasdaq Global Select Market: AEGN) today announced that last month its Board of Directors authorized a new program to repurchase up to $40.0 million of the Company’s common stock in 2017. The new repurchase program will begin the first trading day of 2017. The Company is currently executing a
Kadant Declares Cash Dividend
November 16, 2016
WESTFORD, Mass.--(BUSINESS WIRE)--Kadant Inc. (NYSE:KAI) announced that its board of directors has approved a quarterly cash dividend to stockholders of $0.19 per share to be paid on February 9, 2017 to stockholders of record as of the close of business on January 12, 2017. Future declarations of dividends are subject to Board approval and may be
Greif, Inc. Announces 2016 Fourth Quarter Earnings Release and Conference Call Dates
November 16, 2016
DELAWARE, Ohio--(BUSINESS WIRE)--Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company’s 2016 fourth quarter financial results after the market closes on Wednesday, December 7, 2016. A conference call will be held on Thursday, December 8, 2016 at 10:00 a.m.
Association of Old Crows Hosts 53rd Annual International Symposium & Convention with Co-located
November 16, 2016
ALEXANDRIA, Va.--(BUSINESS WIRE)--The Association of Old Crows (AOC) is pleased to announce its 53rd Annual AOC International Symposium & Convention and its 2nd Annual STEM Outreach Program November 29 - December 1, 2016 at the Walter E. Washington Convention Center in Washington, DC. The Annual AOC International Symposium & Convention is
Geospace Technologies Reports Fiscal Year 2016 Results
November 16, 2016
HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced a net loss of $46.0 million, or $3.52 per diluted share, on revenue of $62.1 million for its fiscal year ended September 30, 2016. This compares with a net loss of $32.6 million, or $2.51 per diluted share, on revenue of $84.9 million for the prior year. For the fourth
Universal Display Corporation Ranked Among Deloitte’s 2016 Technology Fast 500™
November 16, 2016
EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced it ranked 474 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences
Statement from ADM Chairman and CEO Juan Luciano on the Passing of Dwayne O. Andreas
November 16, 2016
CHICAGO--(BUSINESS WIRE)--Juan Luciano, chairman and CEO of Archer Daniels Midland Company (NYSE: ADM), today issued the following statement regarding the death of Dwayne O. Andreas, who led the company as its chairman from 1970 to 1999. “We were deeply saddened to learn of Mr. Andreas’ passing. Under his many years of leadership, our
Blue Bird Recognizes Suppliers at 2016 Blue Bird Supplier Conference
November 16, 2016
FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird, the leading independent designer and manufacturer of school buses, invited over 100 of their top suppliers to their annual supplier conference held on September 13. In addition to sharing the company’s performance in 2016 and objectives for 2017, Blue Bird recognized several companies as an
Griffon Corporation Announces Fourth Quarter and Annual Results
November 16, 2016
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fourth quarter and fiscal year ended September 30, 2016. Fourth quarter revenue of $501 million was consistent with the prior year quarter. Telephonics Corporation ("Telephonics") revenue increased 2% over