Monday, August 26, 2019
All News
Three Innovative Dow Technologies Short-listed for 2016 IChemE Global Awards
September 7, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--Two innovative products and one project of The Dow Chemical Company (NYSE: DOW) are finalists in the 2016 Institution of Chemical Engineers (IChemE) Global Awards. Dow is in the running for three awards: the Innovative Product Award, the Energy Award and the Water Award. The IChemE Awards celebrate excellence,
FLEXcon Demonstrates Commitment to Customer Relationships at SGIA Expo
September 7, 2016
SPENCER, Mass.--(BUSINESS WIRE)--FLEXcon, an innovator in adhesive coating and laminating, will exhibit at the 2016 SGIA Expo in support of the company’s mission to remain a strategic resource for customers to achieve their business goals. During SGIA Expo, taking place September 14-16 in Las Vegas, FLEXcon’s Product Branding Business
Microban Expands Microbiology Testing Services to Non-Partners Providing Antimicrobial Performance
September 7, 2016
HUNTERSVILLE, N.C.--(BUSINESS WIRE)--Microban® International Ltd., the global leader in odor control and antimicrobial solutions, today announced it expanded its Microban Microbiology Testing Services to non-partners. This initiative provides independent testing and verification capabilities for evaluating antimicrobial performance of products
HARMAN to Sponsor escar Asia Automotive Cyber Security Conference in Tokyo
September 7, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets is to sponsor the escar Asia Car Cyber Security Conference in Tokyo, Japan, as part of its leading role in the market, working with Japanese manufacturers, government
BAE Systems Powering Poland’s Transit with Green Bus Propulsion Technology
September 7, 2016
ENDICOTT, N.Y.--(BUSINESS WIRE)--BAE Systems is expanding its global reach in the market for electric drive propulsion systems through an agreement with Solaris Bus & Coach S.A. of Poland. Solaris, a major supplier of city, intercity, and special purpose buses, has delivered more than 14,000 vehicles across 30 countries, and will now offer BAE
United States Navy Demonstrates Cross-Domain Communications, Command and Control via AeroVironment
September 7, 2016
NEWPORT, R.I.--(BUSINESS WIRE)--Naval Undersea Warfare Center, Newport Division – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the United States Navy has successfully demonstrated the use of its submarine-launched BlackwingTM UAV to link with a
Exostar Extends International Presence to Asia with New Partnership
September 7, 2016
HERNDON, Va.--(BUSINESS WIRE)--Exostar, whose cloud-based solutions help companies in aerospace and defense, life sciences, and healthcare mitigate risk and solve their identity and access challenges, today announced a relationship that will make it easier for businesses in Asia to engage with the company. Japanese consulting services and IT
Media Alert: Alta Devices to Discuss How to Keep Your UAV (Drone) From Falling Out of the Sky
September 7, 2016
--(BUSINESS WIRE)--Alta Devices:       What: Unmanned aerial vehicles (UAV’s) or drones are rapidly being commercialized. In order to perform critical tasks from agricultural crop monitoring to delivering the internet to the unserved billions, it is imperative that these vehicles remain aloft for extended periods at a time.
Intrepid Aviation Group Holdings to Hold 2nd Quarter Investor Call
September 7, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation Group Holdings Inc. (the “Company”) announced today that it will hold its 2nd Quarter 2016 Investor Call on September 9, 2016 at 10:30AM Eastern. The call is not open to the public and is only available for all holders of the Company’s 6.875% Senior Notes due 2019 and the 8.25%
Harris Corporation to Demonstrate Robotic Bomb Disposal Technology at Raven’s Challenge in
September 7, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) robotics specialists will demonstrate the company’s T7 Explosive Ordnance Disposal (EOD) robot at Raven’s Challenge, the world’s premier event for EOD and counter-improvised explosive device (C-IED) technology and tactics. The challenge will be held in Hua Hin,
New SYSPRO Manufacturing Study Finds Companies Are Confused or Have Never Heard about the Newest,
September 7, 2016
COSTA MESA, Calif.--(BUSINESS WIRE)--SYSPRO, a provider of best-of-breed, award-winning enterprise resource planning (ERP) software for on-premise, cloud-based and mobile utilization, released a new manufacturing/distribution study evaluating the market’s understanding of the newest, potentially game-changing technologies. The study includes
H.I.G. Capital Acquires Texbond, a Leading Nonwoven Specialties Producer in Italy
September 7, 2016
MILAN--(BUSINESS WIRE)--H.I.G. Europe (“H.I.G.”), the European arm of global private equity firm H.I.G. Capital, announced today that it has acquired a controlling interest in Texbond, a producer of specialty polypropylene nonwovens. Founded in Rovereto (in the Trentino region of northern Italy) in 1988, Texbond specialises in nonwovens
TE Connectivity Announces FullAXS Mini Connectors
September 7, 2016
HARRISBURG, Pa.--(BUSINESS WIRE)--TE Connectivity (TE), a world leader in connectivity and sensors, today announced its new FullAXS Mini connectors, one of the easiest connector sealing systems to install in rugged outdoor environments. The FullAXS Mini connector sealing system is one of the only products available that enables one-handed, blind
Boyd Corp Completes Acquisition of Specialty O-Ring Manufacturer Spec Seals
September 7, 2016
MODESTO, Calif.--(BUSINESS WIRE)--Boyd Corporation, a leading global provider of engineered, specialty material-based energy management and sealing solutions, today announced it has completed the purchase of Spec Seals, a specialty o-ring manufacturer. The newly acquired business now operates as a specialty sealing division under the Boyd brand
Valspar Reports Fiscal Third Quarter 2016 Results
September 7, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Valspar (NYSE: VAL): Summary Financials       Fiscal Third Quarter 2016 (Ended July 29, 2016) Reported     %     Adjusted*     % Results     Change     Results     Change       2016     2015        
Tenneco Showcasing Clean Air, Ride Performance Solutions at 2016 IAA Commercial Vehicle Show
September 7, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Tenneco Inc. (NYSE:TEN) is displaying its latest Clean Air and Ride Performance solutions that reduce emissions, contribute to improved fuel consumption and improve vehicle performance at the 2016 IAA Commercial Vehicle Show, Hannover, Germany, September 22-29, 2016. “Tenneco’s portfolio of Clean Air
Acroname Announces World’s First Programmable USB 3.0 Hub
September 7, 2016
BOULDER, Colo.--(BUSINESS WIRE)--Acroname, a leading producer of embedded automation and manufacturing test platforms, has announced the launch of the USBHub3+, an 8-port programmable USB 3.0 hub which is optimized for manufacturing and development environments. "The USBHub3+ is building on the success and flexibility of our currently shipping
Scania Launches Marine Engines That Comply with New IMO Tier III Regulations
September 7, 2016
SÖDERTÄLJE, Sweden--(BUSINESS WIRE)--The new Scania marine engine range is based on an exhaust gas aftertreatment system developed in-house, which reduces the emissions of nitrogen oxides. This represents the cutting-edge environmental aspect of Scania’s marine solutions. In anticipation of a wider adoption of the tough new
Fuji Electric Launches Re-Designed Website in Americas
September 7, 2016
EDISON, N.J.--(BUSINESS WIRE)--Fuji Electric Corp. of America has rolled out a series of website enhancements designed to improve the user experience, including new product selector tools for Variable Frequency Drives, Semiconductors, HMI Displays, and Ring Compressors/Blowers and a simplified mobile-friendly design to help customers obtain
Valmie Resources’ AeroLift eXpress Holds Successful Meetings in Trinidad and Tobago
September 7, 2016
HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (VMRI) announces its joint venture partner – AeroLift eXpress, LLC – has concluded a successful trip to Trinidad and Tobago where the company’s team made a formal presentation with Cargo Consolidators Agency Limited, an international logistics company based in Port of Spain,
Graycliff Partners Announces Investment in A-1 Machine Manufacturing
September 7, 2016
NEW YORK--(BUSINESS WIRE)--Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, announced it has invested in A-1 Machine Manufacturing Inc. (“A-1”), a manufacturer and integrator of machined components and systems to the flat panel display equipment, semiconductor
RAKtherm Further Increases Footprint in the Global Market
September 7, 2016
DUBAI, United Arab Emirates--(BUSINESS WIRE)--RAKtherm® the leading and internationally certified brand of innovative PPR and PEX piping systems, has devised its Solid Growth Plan to increase its international footprint in response to growing global market demand for piping technology solutions. The three-pronged plan comprises investment in
Pritzker Group Private Capital Rounds Out Busy Summer with Seventh Add-On Acquisition Since December
September 7, 2016
CHICAGO--(BUSINESS WIRE)--Pritzker Group Private Capital, an investment firm focused on acquiring North America-based middle-market businesses with leading positions in the manufactured products, services and healthcare sectors, today announced that its companies have closed seven add-on acquisitions since December 2015, making this one of the
Volvo First in the World with Self-Driving Truck in Underground Mine
September 7, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Volvo’s fully autonomous truck is the first in the world to be tested in operations deep underground in the Kristineberg Mine. The self-driving truck is part of a development project aimed at improving the transport flow and safety in the mine. The truck will cover a distance of 7 kilometres, reaching
ASETEK - Mandatory Notification of Trade
September 7, 2016
OSLO, Norway--(BUSINESS WIRE)--Member of the Board of Directors and primary insider of Asetek A/S Peter Gross has on Tuesday, September 6, 2016 purchased 1 500 shares in the open market at a price of NOK 30.70 per share. Following the transaction, Peter Gross owns 1 500 shares and 36 819 warrants. About Asetek Asetek
Kungl. Vetenskapsakademien: Announcements of the Nobel Prizes in Physics, Chemistry and the Prize in
September 7, 2016
BOX, Sweden--(BUSINESS WIRE)--The pre-registration to the announcements at the Royal Swedish Academy of Sciences has now opened. The Academy every year awards the Nobel Prizes in Physics, Chemistry and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The press conferences where the Laureates will be announced, will be
Milrem Targets the UK Market with Its First-of-Its-Kind UGV THeMIS
September 7, 2016
LONDON--(BUSINESS WIRE)--The Estonian defence solutions provider Milrem aims to get their foot in the door in the UK market with their first-of-its-kind unmanned ground vehicle THeMIS. The company will be exhibiting the vehicle together with Raytheon UK at DVD 2016 in Millbrook. Milrem and Raytheon have been working on a new generation C-IED
GARO invests in its Polish factory to increase production capacity
September 7, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: GARO has decided to invest MSEK 18.5 in its Polish factory to increase the production capacity. The extension of the plant is expected to be finalised by September 2017 and will lead to more than a doubling of the production area. The factory in Poland and the Swedish production plant, located in
Stora Enso Oyj – Managers’ Transactions
September 7, 2016
HELSINKI--(BUSINESS WIRE)--Regulatory News: STORA ENSO (HEX:STEAV) (HEX:STERV)(STO:STEA) (STO:STER): STORA ENSO OYJ INSIDERS’ DEALING 7 September 2016 AT 09.00 EEST Person subject to the notification requirement Name: Jorma Eloranta Position: Member of the Board Issuer: Stora Enso Oyj LEI: 7437000ZP669LKUTZ738 Notification type: INITIAL
Sharp’s Network Camera Adopts THine’s 16-Megapixel High-Speed ISP
September 7, 2016
TOKYO--(BUSINESS WIRE)--THine Electronics, Inc. (JASDAQ: 6769), the global leader in high-speed serial interface and provider of mixed-signal LSI today announced that Sharp Corporation’s network camera, QG-B20C, with 4K3K high-definition images and high sensitivity adopts THine’s 16-Megapixel high-speed image signal processor (ISP),
Ford Posts Best-Ever August Sales in China; New Edge, Focus and Escort Drive 22% Increase
September 7, 2016
SHANGHAI--(BUSINESS WIRE)--Ford and its joint ventures in China have set another record for company performance in August, as sales for the month totaled 96,450 vehicles, up 22 percent compared to August 2015. Year-to-date sales for Ford, Changan Ford (CAF) and Jiangling Motor Corporation (JMC) have reached nearly 750,000 vehicles, up 8 percent
Hitachi Metals to Introduce Harness Assembly Lines in Europe to Strengthen Its Rolling Stock Cable
September 7, 2016
TOKYO--(BUSINESS WIRE)--Hitachi Metals, Ltd. (hereafter, Hitachi Metals)(TOKYO:5486)(ISIN:JP3786200000) will introduce harness assembly lines for rolling stock wire and cables at its operation base in the Czech Republic in order to strengthen its system for offering solutions in the rolling stock cable business in Europe, with mass production
Fluor Completes Citral Facility for BASF PETRONAS Chemicals
September 7, 2016
IRVING, Texas & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has achieved mechanical completion on a citral facility and associated infrastructure for BASF PETRONAS Chemicals in Kuantan, Malaysia. As part of the Integrated Aroma Ingredients Complex, Fluor performed front-end engineering and
IMTS Preview: Stoelting Cleaning Equipment
September 7, 2016
Attendees invited to an exclusive opportunity to immerse themselves in Stoelting’s cleaning solutions
Cabot Corporation Prices $250 Million 3.400% Senior Notes Due 2026
September 6, 2016
BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced that it priced a public offering of $250 million of 3.400% senior unsecured notes due 2026. The notes are being sold to the public at a price of 99.849% of the face amount thereof. Cabot will pay interest on the notes semi­annually on March 15 and September 15 of each year,
Rudolph Technologies Unveils New Inspection Suite for Front- and Back-end Semiconductor
September 6, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Rudolph Technologies, Inc. (NYSE: RTEC) today launched two new inspection and metrology solutions for advanced semiconductor manufacturing: the Firefly™ system for high-resolution inspection in front- and back-end applications, and the Dragonfly™ system for high-speed two-dimensional (2D) inspection
CF Industries Adopts One-Year Tax Benefits Preservation Plan
September 6, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that its Board of Directors has adopted a one-year tax benefits preservation plan (the "Plan") designed to preserve the Company's ability to utilize its net operating losses and certain other tax assets. The Company estimates that it will generate a federal
Universal Display to Present at the CLSA Hong Kong Investors’ Forum
September 6, 2016
EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that Sidney Rosenblatt, Executive Vice President and Chief Financial Officer, will present at the 23rd CLSA Investors' Forum in Hong Kong, China on
Hormel Foods Announces Chief Executive Officer Retirement and Appointment
September 6, 2016
AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE:HRL) today announced that Jeffrey M. Ettinger will retire as chief executive officer on October 30, 2016. Ettinger will continue to serve as Hormel Foods chairman of the board. The Board of Directors elected James P. Snee to be the company's next chief executive officer, effective
The Toro Company to Present at CL King’s 14th Annual Best Ideas Conference
September 6, 2016
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that it will present at CL King’s 14th Annual Best Ideas Conference on September 13, 2016, at the Omni Berkshire Place Hotel in New York. Rick Olson, Toro’s president and chief operating officer, is scheduled to present at 2:45 p.m. EDT. A copy of the
Argan, Inc. Reports Record Second Quarter Results
September 6, 2016
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (the “Company”) today announced financial results for its second quarter ended July 31, 2016. Please read the Company’s Quarterly Report on Form 10-Q, which the Company expects to file tomorrow with the U.S. Securities and Exchange Commission (the “SEC”),
Ecolab Schedules Webcast of Industry Conference for September 13
September 6, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. Chairman and Chief Executive Officer Douglas M. Baker, Jr., will address financial analysts at the Credit Suisse Basic Materials Conference on Tuesday, Sept. 13 in New York. Ecolab will host a live webcast of Mr. Baker’s presentation. Details for the webcast are as follows:     TIME:
Sparton Corporation Reports Fourth Quarter and Fiscal Year 2016 Financial Results
September 6, 2016
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE:SPA) today announced financial results for its fourth quarter and fiscal year ended July 3, 2016. Fourth Quarter Financial Results: Net sales of $107.0 million Gross profit margin of 20.0% SG&A expenses of $13.5 million, 12.6% of sales; $12.4 million, 11.6% on an adjusted basis
The LGL Group, Inc. Announces Acquisition of New Product Line Assets
September 6, 2016
ORLANDO, Fla.--(BUSINESS WIRE)--The LGL Group, Inc. (NYSE MKT: LGL) (the “Company”), today announced it has acquired certain assets from Precise Time and Frequency, Inc. (“PTF Inc.”). The assets will be held by Precise Time and Frequency, LLC (“PTF LLC”), a newly formed, wholly-owned subsidiary of The LGL Group,
AGCO to Present at RBC Capital Markets' Global Industrials Conference
September 6, 2016
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the RBC Capital Markets' 2016 Global Industrials Conference on Thursday, September 8, 2016. The conference will include a presentation by Greg
Imperial Bag & Paper Co LLC Announces the Acquisition of Accommodation Mollen, Inc.
September 6, 2016
JERSEY CITY, N.J.--(BUSINESS WIRE)--Imperial Bag & Paper Co., LLC (“Imperial”), a leading regional and national distributor of janitorial and disposable food service supplies, announces the acquisition of Accommodation Mollen, Inc. (“Accommodation”). The transaction represents the eighth acquisition under the leadership
PPG Completes COLORFUL COMMUNITIES Project at Flying Horse Farms
September 6, 2016
MOUNT GILEAD, Ohio--(BUSINESS WIRE)--As part of its global community engagement efforts, PPG (NYSE: PPG) has announced the completion of a COLORFUL COMMUNITIES™ project at Flying Horse Farms camp in Mount Gilead, Ohio. More than 40 PPG employee volunteers used more than 170 gallons of PPG PAINTS™ products to beautify several buildings
Incorporating Fleet Management Techniques in Transit Packaging Will Improve Operation Efficiency,
September 6, 2016
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global transit packaging market is expected to grow at a CAGR of more than 4% during the forecast period. This research report titled ‘Global Transit Packaging Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and
Snap-on to Present at CL King 2016 Best Ideas Conference
September 6, 2016
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA) is scheduled to present at the CL King 2016 Best Ideas Conference at 8:45 AM Eastern/7:45 AM Central on Tuesday, September 13, 2016. The live audio webcast can be accessed by visiting the company’s website, www.snapon.com/sna and clicking on the link under “Events and
$45 Million of Lasers Later, Glowforge Discounts Are About to Disappear
September 6, 2016
SEATTLE--(BUSINESS WIRE)--Glowforge, the Seattle-based desktop laser company, has begun delivering beta units in preparation for shipments this December. Customers have continued to place pre-orders, and Glowforge has just announced $45 million in total sales. This is only ten months after Glowforge had the biggest 30-day crowdfunding campaign in