Tuesday, December 11, 2018
All News
Analog Devices Announces Offering and Pricing of Senior Notes
December 1, 2016
NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced it has priced an offering of $400 million aggregate principal amount of 2.500% senior unsecured notes due December 5, 2021, $550 million aggregate principal amount of 3.125%
Auto Industry Drives Ohio to Fifth Straight Year of Manufacturing Job Gains
December 1, 2016
Ohio manufacturing employment inched up for a fifth straight year, though at a slower rate than recorded in previous years, reports the 2017 Ohio Manufacturers Directory®.
Orosur Mining Inc: Board & Management Update & Shares/Options Issuance
November 30, 2016
SANTIAGO, Chile--(BUSINESS WIRE)--Orosur Mining Inc. (“Orosur” or the “Company”) (TSX/AIM: OMI), a South America-focused gold producer, developer and explorer is pleased to announce the appointment of Mr. Jorge Aceituno as Chief Operating Officer (“COO”) and a Non-Independent Director of the Board and the
Buying Real UGG Product, Know the Facts
November 30, 2016
NEW YORK--(BUSINESS WIRE)--Synonymous with gift giving and the holidays, UGG® (a division of Deckers Brands NYSE: DECK) is increasing its efforts to help customers identify counterfeit products, recognize misleading marketing and call-out online websites by sharing a list of helpful tips ahead of the holiday shopping season. “With nearly
Packaging Corporation of America Completes Acquisition of Columbus Container, Inc.
November 30, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE:PKG) today announced that it has completed its acquisition of Columbus Container, Inc., an independent corrugated products producer in a cash-free, debt-free transaction. Funding for the $100 million acquisition came from available cash on hand. PCA Chairman and CEO Mark
Gorman-Rupp Announces Subsidiary's Completed Acquisition
November 30, 2016
MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE MKT: GRC) announces that its wholly-owned subsidiary, Patterson Pump Company (“Patterson”), has completed its acquisition of the business of Morrison Pump Company (“Morrison”) based in Hollywood, Florida. The terms of the asset purchase are undisclosed.
Watson-Marlow Fluid Technology Group acquires Aflex Hose Ltd
November 30, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Watson-Marlow Fluid Technology Group (WMFTG), the world leader in niche peristaltic pumps and associated fluid path technologies, has acquired Aflex Hose Limited and its subsidiary Aflex Hose USA LLC (Aflex) through its parent company Spirax-Sarco Engineering plc, for £61.4 million. Aflex, based in Halifax,
Belden President and CEO John Stroup Elected Chairman of the Board
November 30, 2016
ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, today announced that the board of directors has elected John Stroup as Chairman of the Board in addition to his current roles of President and Chief Executive Officer. Mr. Stroup has been
Newforma Expands Board of Directors with Appointment of Rainer Gawlick
November 30, 2016
MANCHESTER, N.H.--(BUSINESS WIRE)--Newforma, a project information management (PIM) software company for AECO (architecture, engineering, construction and owner) companies, today announced Rainer Gawlick, a seasoned sales and marketing executive, joined its board of directors. Rainer brings 25 years of experience as an operational executive, board
Rexnord Announces Public Offering of Mandatory Convertible Preferred Stock
November 30, 2016
MILWAUKEE--(BUSINESS WIRE)--Rexnord Corporation (NYSE: RXN) today announced the commencement of an underwritten public offering of 7,000,000 depositary shares, each of which represents a 1/20th interest in a share of its Series A Mandatory Convertible Preferred Stock (“Mandatory Convertible Preferred Stock”). The underwriters of
Fluor Named to Forbes JUST 100 List
November 30, 2016
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was named to the inaugural Forbes JUST 100 list. Fluor was also ranked as the most just company in the Capital Goods category. “We are honored to make the Forbes inaugural JUST 100 list of top companies,” said David Seaton, chairman and CEO of Fluor.
Audio Software from Silicon Labs Strikes the Right Note for Automotive Radio Market
November 30, 2016
AUSTIN, Texas--(BUSINESS WIRE)--Silicon Labs (NASDAQ: SLAB) has introduced new audio software products that give automotive radio developers greater flexibility to incorporate advanced audio post-processing algorithms in Silicon Labs’ Global Eagle Si47911/12 radio ICs with audio system devices. The new software products make it easy and
Arconic Declares Dividend on Class B Mandatory Convertible Preferred Stock
November 30, 2016
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Arconic (NYSE: ARNC) today declared a dividend of $6.71875 per share on the Company’s outstanding 5.375% Class B Mandatory Convertible Preferred Stock (“Class B Stock”) payable January 1, 2017 to holders of record of the Class B Stock at the close of business on December 15,
SIFCO Industries Names John Glover to Head New Corporate Sales Organization
November 30, 2016
CLEVELAND--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE MKT: SIF) announced today the creation of a Corporate Sales organization aimed at enhancing the Company’s ability to serve world-class customers in the aerospace and energy markets. The new organization will be led by John Glover, who becomes corporate vice president of sales and will
AAMSI Names Scott Campbell Senior Vice President, Sales & Business Development
November 30, 2016
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Associated Aircraft Manufacturing & Sales, Inc. (AAMSI), a global leader in the manufacturing and repair of military aviation products, has named defense aviation industry veteran Scott Campbell as Senior Vice President. Campbell will be responsible for Sales & Business Development for a newly formed
Panduit’s Industry Leading Fiber Technology in the Spotlight at Gartner Data Center Conference
November 30, 2016
TINLEY PARK, Ill.--(BUSINESS WIRE)--Panduit Corp., the industry leader in fiber technology and data center product innovation is driving solutions to prepare their customers and the industry for the increasingly complex data center networks required to accommodate the insatiable demand for bandwidth. Historically, technological advances within the
Westinghouse Achieves Major Milestones at Vogtle AP1000® Plant
November 30, 2016
WAYNESBORO, Ga.--(BUSINESS WIRE)--Westinghouse Electric Company today announced the completion of two construction milestones at the Vogtle nuclear power plant site: placement of the Unit 3 reactor vessel and the Unit 4 CA01 module. The milestones – achieved within a 48-hour span – open up new work fronts at the Vogtle site, where
Fitch: N. American Chemical Cos to Benefit from Modest Reflation
November 30, 2016
NEW YORK & CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: North American Chemicals Handbook (A Detailed Review of Companies in the Chemicals Sector) https://www.fitchratings.com/site/re/890787 Modest reflation in the energy sector should filter through to higher prices for petrochemicals, plastics and other chemicals with
Blue Marble Biomaterials Announces Intent to Offer Equity Shares to the Public
November 30, 2016
MISSOULA, Mont.--(BUSINESS WIRE)--Blue Marble Biomaterials (Blue Marble) today announced its intent to offer equity shares to the public through Regulation A+, a type of equity crowdfunding regulated by the Securities and Exchange Commission. A natural biochemical pioneer, Blue Marble intends to use the capital raised through its online public
Toshiba Tec's "Form & Label Solution" Optimizes Logistics Operations
November 30, 2016
TOKYO--(BUSINESS WIRE)--Toshiba Tec Corporation (TOKYO:6588) today introduces its “Form & Label Solution” to save on shipping costs while optimizing logistics operations. This solution enables easy, yet precise shipping via its multifunction peripheral (MFP). Toshiba’s Form & Label Solution combines many types of documents
Digicom Electronics Presents EMS Diamond Track Defect Mitigation Services at BIOMEDevice Conference
November 30, 2016
OAKLAND, Calif.--(BUSINESS WIRE)--Digicom Electronics, Inc., a technology and quality driven electronics manufacturing services company, presents its new Diamond Track Defect Mitigation Services at the BIOMEDevice Show at the San Jose Convention Center, San Jose, CA, on December 7-8, 2016, in booth 327. The program incorporates Digicom’s
Siemens Announces U.S. Leadership Changes
November 30, 2016
WASHINGTON--(BUSINESS WIRE)--Siemens Corporation today announced that Eric Spiegel (59), CEO of Siemens in the U.S., will leave the company at the end of the year. Lisa Davis (53) has been appointed Chair and CEO of Siemens Corporation, effective January 1, 2017. Judith Marks (53) has been appointed Siemens CEO U.S., effective the same date.
HOMAX Brand by PPG Introduces New and Improved TOUGH AS TILE Product
November 30, 2016
CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--The HOMAX® brand by PPG today unveiled a new and improved formula for the TOUGH AS TILE™ refinishing product, which helps restore the surface of old, stained or discolored porcelain, glazed ceramic tile or fiberglass surfaces. Formulated to meet the needs of professional and do-it-yourself (DIY)
Harris Williams & Co. Advises TricorBraun Holdings, Inc. on its Sale to AEA Investors LP
November 30, 2016
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces the sale of TricorBraun Holdings, Inc. (TricorBraun), a portfolio company of CHS Capital (CHS), to funds sponsored by AEA Investors LP (AEA). TricorBraun is a leading
KPA Acquires Succeed Management Solutions
November 30, 2016
LAFAYETTE, Colo.--(BUSINESS WIRE)--KPA, LLC, a leading provider of environmental health and safety (EHS) and HR Management software solutions, announced the acquisition of Succeed Management Solutions, LLC (Succeed). Succeed’s Risk Management Center is the leading web-based risk management and safety software for the insurance market. The
EnviroStar, Inc. Announces a Special Cash Dividend
November 30, 2016
MIAMI--(BUSINESS WIRE)--EnviroStar, Inc. (NYSE MKT: EVI) announced today that its Board of Directors has declared a special cash dividend of $0.10 per share on EnviroStar’s common stock. The cash dividend is payable on January 6, 2017 to stockholders of record at the close of business on December 21, 2016. About EnviroStar EnviroStar is a
Sleep Number Ranks Highest in Customer Satisfaction in 2016 J.D. Power Mattress Report
November 30, 2016
MINNEAPOLIS--(BUSINESS WIRE)--J.D. Power today announced that Sleep Number® ranks highest in customer satisfaction with mattresses. The J.D. Power 2016 Mattress Satisfaction Report measured customer satisfaction with mattress purchases based on seven factors: comfort, price, support, durability, warranty, features and customer service. Sleep
OSI Creative Opens Seattle Office to Support Pacific Northwest Clients
November 30, 2016
IRVINE, Calif.--(BUSINESS WIRE)--OSI Creative, a leading provider of global supply chain managed solutions for point-of-purchase displays (POP), consumer product packaging and branded merchandise programs, today announced the opening of a new office serving the Pacific Northwest area. The new facility, located in Seattle, Washington, will provide
Moseys Production Machinists Announces Rebrand and New Website Launch
November 30, 2016
ANAHEIM, Calif.--(BUSINESS WIRE)--Moseys Production Machinists, an industry leader in providing high-tech precision manufacturing services for U.S. and global businesses, has announced the launch of its new brand and website. Long known as “MPM” for Moseys Production Machinists, the new brand and logo places greater emphasis on the name
Deb Group Launches Stokoderm Frost, a Pre-work Cream Designed to Keep Skin Healthy in Cold Working
November 30, 2016
WATERFORD, Ontario--(BUSINESS WIRE)--Deb Group today launched Stokoderm® Frost – a pre-work cream specially developed to keep hands, face and other exposed skin healthy in cold working conditions. Deb Stokoderm® Frost is part of the new Deb Stoko® Range. It is ideal for use in cold environments and can be used with gloves or
U.S. Army Targets BAE Systems to Provide New High-Resolution Thermal Weapon Sights
November 30, 2016
MERRIMACK, N.H.--(BUSINESS WIRE)--The U.S. Army has awarded BAE Systems a seven-year contract worth up to $384 million to provide specialized weapon sights that improve soldiers’ ability to quickly and accurately engage targets at extended ranges. The Family of Weapon Sights – Crew Served (FWS-CS) system is designed specifically for
Tech21 Launches Evo Go iPhone 7 Case Available Exclusively at T-Mobile
November 30, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Tech21, the leader in impact protection for mobile devices, announces the launch of the Evo Go case for Apple iPhone 7 and iPhone 7 Plus, exclusively at T-Mobile. Available online and at participating T-Mobile stores nationwide, Evo Go cases start at $69.99 (standard retail price). Designed for those who want to
BACE Implements Verisae Solution to Improve Service Lifecycle Management
November 30, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Verisae, Inc., an Accruent company and a leading provider of cloud-based solutions that connect facilities and assets to the maintenance and service network through the Internet of Things (IoT), today announced that BACE implemented vx Maintain to organize the service and maintenance of its balers and compactors.
DBi Services Acquires Mercier’s Inc.
November 30, 2016
HAZLETON, Pa.--(BUSINESS WIRE)--Effective November 29, 2016, DBi Services has acquired the assets of Mercier’s Inc., located in South Point, Ohio. Mercier’s Central Branch currently employs over 50 people, under ownership of Craig Mercier. Founded in 1978, the company was operating through two branches, primarily servicing the Railroad
Americas Styrenics Announces Polystyrene Price Increase Effective December 1, 2016
November 30, 2016
THE WOODLANDS, Texas--(BUSINESS WIRE)--Americas Styrenics LLC (AmSty) announces an increase in the transaction price of all grades of polystyrene produced by the Company of $0.02/lb., effective December 1, 2016. This price supersedes all other previously announced price changes. About AmSty AmSty is one of the largest integrated producers of
Biological Industries announces FDA Drug Master File Acceptance for NutriStem® hPSC XF Medium
November 30, 2016
KIBBUTZ BEIT HAEMEK, Israel & CROMWELL, Conn.--(BUSINESS WIRE)--Biological Industries (“BI”) announced today that the United States Food and Drug Administration (FDA) has accepted the submission for its Drug Master File (DMF) for the company’s NutriStem® hPSC XF Medium, a commercially defined, xeno-free, serum-free media,
Leading Recycled Rubber and Synthetic Turf Industry Group Members Voluntarily Move to Adopt Key
November 30, 2016
WASHINGTON--(BUSINESS WIRE)--Leading members of the recycled rubber and synthetic turf industries today announced that they are jointly cooperating to ensure all synthetic turf and playground infills meet new ASTM (American Society for Testing and Materials) toy standards for heavy metals to further ensure safety for youth athletes. ASTM
IronPlanet Kicks Off December with the East-West Sale Featuring Cat Auction Services Unreserved
November 30, 2016
PLEASANTON, Calif.--(BUSINESS WIRE)--IronPlanet: Who:     IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, comes to the Pacific Northwest with its first Cat Auction Services Unreserved Public Auction in Portland, OR. The on-site event taking place on December 7 at Portland
Flatirons and CIMPA Sign Partnership Agreement to Support French Aviation and Defense Manufacturers
November 30, 2016
IRVINE, Calif.--(BUSINESS WIRE)--Flatirons Solutions® (www.flatironssolutions.com) announced today that it has signed a partnership agreement with CIMPA, a Sopra Steria company and provider of Product Lifecycle Management (PLM) and Service Lifecycle Management (SLM) consulting and system integration services to aerospace and defense original
L-3 Initiates Redemption of Its Outstanding 1.50% Senior Notes Due 2017
November 30, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications Holdings, Inc. (NYSE:LLL) announced today that L-3 Communications Corporation, its wholly owned subsidiary, has initiated a redemption of $350,000,000 aggregate principal amount of its 1.50% Senior Notes due in 2017 (the “Notes”). Following the redemption of the Notes, no Notes will remain
Hershey’s Chocolate World Attraction Celebrates Historic 100 Millionth Visitor Milestone This
November 30, 2016
HERSHEY, Pa.--(BUSINESS WIRE)--Hershey’s Chocolate World (NYSE: HSY) Attraction announced today that it will celebrate its 100 millionth visitor this December. Beginning today and leading up to the anticipated 100 millionth visitor, Hershey’s Chocolate World Attraction is inviting fans to celebrate the monumental milestone by sharing
IRI and Costco Wholesale Announce Launch of Costco CRX Australia
November 30, 2016
CHICAGO & SYDNEY--(BUSINESS WIRE)--Information Resources, Inc. (IRI), the provider of Costco point-of-sale (POS) and inventory information to the manufacturer community, today announced the launch of its Costco Collaborative Retail Exchange (CRX) in Australia. CRX is a single, global solution for category, POS and supply chain tracking at
Spectrum Brands Holdings to Continue Focus on Greater Long-Term Shareholder Value with Executive
November 30, 2016
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) said today it looks forward to a continuing and strong working relationship with its Executive Chairman David M. Maura following an 8-K announcement today by its majority shareholder HRG Group Inc. (NYSE: HRG) that Mr. Maura has resigned his employment with HRG Group
TM Robotics Partners with A-Tech to Sell Toshiba Machine Industrial Robots Coast to Coast in Canada
November 30, 2016
MONTREAL & ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--FROM ADM BOOTH #1523 – Today TM Robotics and Toshiba Machine announced they have partnered with A-Tech Instruments Ltd., which supplies a variety of measurement and control instrumentation for research and industry, to sell and support Toshiba Machine robots in Canada. Following a
ON Semiconductor Granted Trusted Test Status, Enhancing Credentials to Support U.S. Military and
November 30, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has been granted Trusted Test status for its Pocatello, Idaho facility through the Department of Defense’s (DoD)’s Defense MicroElectronics Activity (DMEA) accreditation program. The award adds to ON Semiconductor’s existing Trusted
Royal Inauguration Celebrates Success of Sadara Chemical Company
November 30, 2016
JUBAIL, Saudi Arabia--(BUSINESS WIRE)--Sadara Chemical Company, a joint venture between The Dow Chemical Company (NYSE: DOW) and Saudi Arabian Oil Company (Saudi Aramco), was inaugurated by His Majesty, King Salman bin Abdul-Aziz Al Saud, Custodian of the Two Holy Mosques, representing the strategic significance of Sadara to the country’s
Jacobs Wins Feasibility Study Contract for Borealis Chemical Plant in Belgium
November 30, 2016
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) has received a contract to complete a feasibility study for a propane dehydrogenation (PDH) plant located at the existing Borealis production site in Kallo, Belgium. As part of the study, Jacobs is preparing a front-end-loading stage 2 (FEL-2) conceptual design package for the
QAD Announces the Release of QAD Transportation Management System 2.0
November 30, 2016
SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced the availability of QAD Transportation Management System (QAD TMS) 2.0. The latest version incorporates a new web-based user interface (UI), adds functionality,
AstroNova Launches New Websites for Aerospace and Test & Measurement Divisions
November 30, 2016
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova (NASDAQ: ALOT), a global leader in data visualization technologies, announced today that it has launched new websites for its AstroNova Aerospace and AstroNova Test & Measurement divisions. The websites provide a cleaner, modern design with improved navigation to enhance the overall experience for
Valmie (VMRI) Visits University of Kentucky Regarding Collaboration on Upcoming UAS Projects
November 30, 2016
HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (OTCBB: VMRI) recently returned from visiting the University of Kentucky to discuss collaborating with students and faculty members on portions of its upcoming unmanned aerial systems (UAS) projects. The Valmie team met with heads of the Biosystems and Agricultural Engineering (BAE) Department and