Sunday, August 19, 2018
All News
BAE Systems Awarded $86 Million U.S. Navy Contract to Support and Integrate Combat Systems
November 21, 2016
MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Navy has awarded BAE Systems a five-year contract worth up to $86 million to provide management, engineering, maintenance, and IT support services for the Naval Sea Systems Command (NAVSEA) at Wallops Island, Virginia. BAE Systems experts will integrate various mission equipment, combat systems, and computer
HVAC manufacturer rolls out Student Loan Genius benefit through Prudential
November 21, 2016
NEWARK, N.J.--(BUSINESS WIRE)--Mestek, Inc., HVAC manufacturing and engineering leader and Prudential Retirement client, today announced that it will offer the Student Loan Genius benefit to help employees and their families with student loan debt repayment. The company is the first of Prudential’s defined contribution recordkeeping clients
Evoqua Named Tops in Mobile Service
November 21, 2016
PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies has been named the top provider of service and mobile water treatment services for heavy and light industry by Frost and Sullivan, the leading market intelligence firm covering an array of industries and markets. In naming Evoqua the top service provider, Frost and Sullivan’s Deepthi
Praxair CFO to Present at Citi Basic Materials Conference
November 21, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Matthew J. White, senior vice president and chief financial officer of Praxair, Inc. (NYSE:PX), will address the Citi Basic Materials Conference in New York, NY on Tuesday, November 29, 2016 at 1:15 p.m. ET. White will discuss Praxair’s growth strategies and business outlook. The presentation will be available
Axalta Coating Systems Announces New, Super Durable BK08 Powder Coating
November 21, 2016
HOUSTON--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce Alesta® BK08 20 Gloss, a new semi-matte powder coating is designed to offer an extremely smooth appearance while providing exceptional weatherability on a variety of surfaces. “Our customers have
Myers Industries Announces Quarterly Dividend
November 21, 2016
AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE) announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 3, 2017 to shareholders of record as of December 2, 2016. About Myers Industries Myers Industries, Inc. is an international manufacturer of polymer products for
Express Logic Adds New U.S. Sales Office
November 21, 2016
SAN DIEGO--(BUSINESS WIRE)--Express Logic, Inc., the worldwide leader in royalty-free real-time operating systems (RTOS), today announced that it has established a new U.S. sales and support office. Located about 25 miles outside of Boston, the new office will enable Express Logic to better serve the growing numbers of East Coast developers using
U.S. Navy Awards BAE Systems $192 Million Contract for Work on New DDG 1000 Ships
November 21, 2016
SAN DIEGO--(BUSINESS WIRE)--BAE Systems has received an indefinite delivery / indefinite quantity contract from the U.S. Navy for post-construction work aboard the guided missile destroyers USS Zumwalt (DDG 1000) and USS Michael Monsoor (DDG 1001). The contract has an initial award of $10.3 million and a maximum value of $192.7 million for work
Lasko Holdings Acquired by Comvest and JW Levin Management Partners
November 21, 2016
WEST CHESTER, Pa.--(BUSINESS WIRE)--Lasko Holdings, Inc., the largest provider of portable fans and heaters in the United States, today announced that Comvest Partners (“Comvest”) and JW Levin Management Partners (“JWLMP”) are acquiring the company. The Lasko family will continue as an investor in the company. The company,
BizWireTV Accelerator Report: Finding a Place to Live, or Vacation Goes High Tech and the Last
November 21, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV Accelerator Report, Roofstock, the leading online marketplace and transaction platform in the $2 trillion single-family rental (SFR) sector, announces $20 million in Series B financing. Now you can watch BizWireTV on any screen you want by downloading the new app through the Apple TV and iPhone App
Silgan Announces Final Results of Tender Offer
November 21, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for shelf-stable food and other consumer goods products, announced today the final results of its “modified Dutch auction” tender offer, which expired at 5:00 p.m., New York time, on Tuesday, November 15, 2016. Based on the final
Top 10 Products Catch Attention as CHTF2016 Wraps Up
November 21, 2016
SHENZHEN, China--(BUSINESS WIRE)--The 18th China Hi-Tech Fair, themed “Innovation-Driven, Quality-Oriented,” wrapped up on November 21 at Shenzhen Convention & Exhibition Center, highlighting VR/AR technologies and products. Over 3,000 exhibitors from 37 countries displayed more than 10,000 innovative items to visitors and industry
Orbital ATK’s OA-5 Mission Begins Next Phase, Performing Experiments in Space
November 21, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, today announced that its Cygnus™ spacecraft successfully unberthed from the International Space Station, starting the second phase of its mission before it reenters Earth’s atmosphere. Orbiting on its own, free of the ISS, the
AerCap Announces Closing of New $0.6 Billion Credit Facility
November 21, 2016
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. ("AerCap"), (NYSE: AER) announced today that it has completed the closing of a new $0.6 billion secured credit facility. The facility will primarily be used to acquire new narrowbody and widebody aircraft as they deliver from Boeing and Airbus through 2017. The facility was signed to finance a portfolio
Valmie’s AeroLift eXpress Returns from Trinidad and Tobago, Strengthens Plans for Live Demo
November 21, 2016
HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc.(VMRI) announces its joint venture partner – AeroLift eXpress, LLC – recently returned from another successful trip to Trinidad and Tobago as it continues to move forward with plans to hold a live demonstration of its unmanned transport capability. In collaboration with its partner in that
Essex Rental Corp. Reports 2016 Third Quarter Pro Forma Results
November 21, 2016
BUFFALO GROVE, Ill.--(BUSINESS WIRE)--Essex Rental Corp. (OTC Pink: ESSX) ("Essex" or the “Company”) today announced its pro forma unaudited consolidated results for the third quarter ended September 30, 2016. In an effort to provide investors with current financial information for our continuing operations, the pro forma financial
PROS to Showcase Cloud-based Solutions for Pricing, Selling at EBCG European Chemical Sales
November 21, 2016
HOUSTON & LONDON--(BUSINESS WIRE)--PROS® (NYSE: PRO), the revenue and profit realization company, today announced its participation in the EBCG Chemicals Sales & Marketing Toolbox Conference. The event will be held at Berlin’s Radisson Blu Hotel on Nov. 22-23. The conference features case studies by some of Europe’s
Westlake Chemical Corporation Announces Quarterly Dividend
November 21, 2016
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) announced on Monday a dividend of $0.1906 per share. The dividend will be payable on December 16, 2016 to stockholders of record December 1, 2016. This is the 49th successive quarterly dividend that Westlake has declared since completing its
Pritzker Group Completes Acquisition of ProAmpac
November 21, 2016
CHICAGO--(BUSINESS WIRE)--Pritzker Group Private Capital today announced the successful completion of its acquisition of ProAmpac, a leading global flexible packaging company, from Wellspring Capital Management. Pritzker Group Private Capital signed a definitive acquisition agreement to acquire ProAmpac in October. Pritzker Group and other
Optics Balzers Now Producing in Malaysia
November 21, 2016
BALZERS, Liechtenstein--(BUSINESS WIRE)--Business in Asia is booming; Optics Balzers has established the production facilities at the new site in Malaysia as scheduled and has initiated the first test runs. The official opening is scheduled for November 21, 2016. In early September, Optics Balzers has started to establish production with around 30
Chua Di Lac Buddhist Temple Exhibits Spiritual Ecology with Solar Panel Installation Using
November 21, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Chua Di Lac Buddhist Temple held a commissioning ceremony on November 16, 2016 to celebrate the 49.8 kW Mitsubishi Electric photovoltaic (PV) system installation at its San Jose, California facility. Local dignitaries, including California Assembly member, Kansen Chu, were on hand to support the temple’s
Kerui Membrane Nitrogen Demonstrates Stimulation Strength in Kuwait
November 21, 2016
DONGYING, China--(BUSINESS WIRE)--In October 2016, Kerui Petroleum obtained a membrane nitrogen stimulation contract in Kuwait, which breaks the domination of liquid nitrogen in Kuwait market, and brings the new stimulation product and method into Kuwait. The stimulation effect of liquid nitrogen is unsatisfactory in many oil wells due to its low
Large-Scale 3-Axis Welding Positioner by Pemamek
November 21, 2016
PEMA APS 70000 can carry 70 metric tons (153,000 lbs.) in rotating, tilting, or lifting position.
Vibration Monitoring: The Basics Behind This Booming Technology
November 21, 2016
Vibration monitoring has become a key part of predictive maintenance – and its use is booming thanks to affordable sensors.
Headwaters Incorporated Enters into Definitive Merger Agreement to Be Acquired by Boral Limited
November 20, 2016
SOUTH JORDAN, Utah & SYDNEY--(BUSINESS WIRE)--HEADWATERS INCORPORATED (NYSE:HW), a building products company dedicated to improving lives through innovative advancements in construction materials, today announced that it has entered into a binding merger agreement with Boral Limited (“BORAL”: BLD:ASX) pursuant to which Boral will
Wrangler®, George Strait Concert Live Stream Generates More Than 14 Million Impressions
November 19, 2016
GREENSBORO, N.C.--(BUSINESS WIRE)--Wrangler teamed up with country music icon George Strait to bring fans his first-ever live-streamed performance from Texas’ historic Gruene Hall when he returned to the storied stage Wednesday night for the first time in 34 years. Country music fans tuned in to WranglerNetwork.com from all around the world
OPTi Announces Distribution Under the Plan of Liquidation
November 18, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--OPTi, Inc. (the “Company”) (OTCBB:OPTI) announced today that its Board of Directors (“Board”) has declared a cash distribution of $0.6369 per share on the Company’s stock pursuant to the Plan of Liquidation (the “Plan”) approved by the shareholders as disclosed on the
EnPro Industries Reaches Settlement Regarding Canadian Asbestos Claims
November 18, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) today announced that it has entered into a definitive settlement agreement with workers’ compensation boards for each of the ten Canadian Provinces (the “Provincial Boards”) to resolve current and future asbestos claims. The agreement resolves all claims against
Utz® Quality Foods Opens New Health & Wellness Center
November 18, 2016
HANOVER, Pa.--(BUSINESS WIRE)--UTZ® QUALITY FOODS, LLC. the U.S.’s largest privately held snack food brand, celebrates the opening of its new Utz® Health & Wellness Center, designed to provide preventative health and wellness care options to its associates. Powered by Activate™ Healthcare, the Utz® Health & Wellness
Donaldson Company Declares Quarterly Cash Dividend
November 18, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE:DCI) today announced that its Board of Directors declared a regular cash dividend of 17.5 cents per share, payable December 21, 2016, to shareholders of record as of December 6, 2016. The Company has paid a cash dividend every quarter for the past 61 years. About Donaldson Company Founded
GLOBALFOUNDRIES Collaborates with Anbaric Microgrid and Exelon to Explore Energy Solutions for
November 18, 2016
WAKEFIELD, Mass.--(BUSINESS WIRE)--GLOBALFOUNDRIES, Anbaric Microgrid, and Exelon today announced an agreement to identify opportunities for improving power quality and reliability at the company’s Fab 8 semiconductor manufacturing facility in Saratoga County, N.Y. through a series of power quality studies. Uninterrupted, high-quality power
Top 10 Vendors in the Portable Mini Fridge Market from 2016 to 2020: Technavio
November 18, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top 10 leading vendors in their recent global portable mini fridge market report. This research report also lists 18 other prominent vendors that are expected to impact the market during the forecast period. Portable mini fridges mostly find use in recreational vehicles (RVs), commercial and
McGarry of PPG to Present at 2016 Citi Basic Materials Conference
November 18, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Chairman and CEO Michael H. McGarry will present at the 2016 Citi Basic Materials Conference in New York on Tuesday, Nov. 29, at 9:30 a.m. ET. McGarry will discuss PPG’s strategic initiatives and business and financial performance. The presentation will be available via webcast
Axalta Shines with New Artist Signature Series at the 2016 SEMA Show
November 18, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, launched its latest Artist Signature Series of custom refinish colors at the annual Specialty Equipment Market Association (SEMA) tradeshow in Las Vegas, Nevada. The collection called, Axalta Artist Signature Series
Intertek Expands Chemical Regulatory Services in the United States to Support Customers Affected by
November 18, 2016
WASHINGTON--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, announced the further expansion of chemical regulatory services in the United States with the expansion of its Health, Environmental and Regulatory Services (HERS) department in the District of Columbia to address companies’ needs
Company Profile for Enevate Corporation
November 18, 2016
--(BUSINESS WIRE)--Enevate Corporation is an advanced silicon Lithium-ion (Li-ion) battery technology company focused on silicon-dominant Li-ion batteries that will power next generation electric vehicles and consumer mobile devices such as smartphones, tablets, and notebook PCs. With over 35 patents pending or issued worldwide, Enevate's
Top 5 Vendors in the Industrial Castings Market from 2016 to 2020: Technavio
November 18, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global industrial castings market report. This research report also lists 32 other prominent vendors that are expected to impact the market during the forecast period. With steel supply overtaking the demand, the capacity utilization ratio of steel
Gränges AB: Gränges Wins the International Star Award
November 18, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Gränges (STO:GRNG) has won the International Star award in the European Small and Mid-Cap Awards 2016. The awards are set up to highlight the best European small and mid-sized companies that have gained access to capital markets via an Initial Public Offering (IPO). ”We are delighted that
Correcting and Replacing: Stora Enso Oyj: Stora Enso’s Nordic Forest Associates Change the Fair
November 18, 2016
HELSINKI--(BUSINESS WIRE)--Please replace the release issued today at 12.15 GMT with the following corrected version due to multiple revisions. Clarification on the currency impact has been added added to the text. Regulatory News: Stora Enso Oyj (HEX:STEAV) (HEX:STERV) (STO:STEA) (STO:STER) equity accounted investments Tornator Oyj in Finland and
Bosch Explores Strategic Options for its Akustica MEMS Microphone Business
November 18, 2016
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Bosch, the leading global supplier for MEMS sensors, will explore options for the Akustica, Inc. MEMS microphone business. No other Bosch MEMS entities are included in this market exploration. Based in Pittsburgh, PA (USA), Akustica designs, develops and markets MEMS microphones products and solutions for
On BizWireTV: CES 2017 Announces Best of Innovation Honorees and a New Game to Aid Better Sleep
November 18, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, The Consumer Technology Association (CTA) and producer of CES, the world’s gathering place for all who thrive on the business of consumer technologies, announced the Best of Innovation Honorees for CES 2017. Now you can watch BizWireTV and the latest breakthroughs in tech from the
Actuant Announces New Chief Financial Officer, Board Retirements and Other Items
November 18, 2016
MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE:ATU) announced today that Rick Dillon will join the Company effective December 5, 2016 and become the Executive Vice President and Chief Financial Officer of Actuant effective December 22, 2016. Mr. Dillon is currently Executive Vice President and Chief Financial Officer of Century Aluminum Co.
Primary Energy Recycling Awarded Highest Honor at Zero Injury Safety Awards Gala
November 18, 2016
OAK BROOK, Ill.--(BUSINESS WIRE)--Affirming its strident commitment to worker safety, Primary Energy Recycling Corp. (“Primary Energy”) has been honored by The National Maintenance Agreement Policy Committee (NMAPC) with the Zero Injury Safety Award® (ZISA), the construction and maintenance industry’s premier safety
Spireon Set for Hardware Innovation with Appointment of Ed Suski as Vice President of Hardware
November 18, 2016
IRVINE, Calif.--(BUSINESS WIRE)--Spireon Inc., a leader in telematics, risk management and location-based Business Intelligence solutions, today announced the appointment of Ed Suski as its Vice President of Hardware Engineering, reporting to Spireon Chief Technology Officer, Rick Gruenhagen. A former executive at General Electric and United
Accuride Corporation Announces Completion of Acquisition by Crestview Partners
November 18, 2016
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation (NYSE:ACW) (“Accuride” or the “Company”) – a leading supplier of components to the North American and European commercial vehicle industries – today announced the completion of its acquisition by funds managed by Crestview Partners (“Crestview”),
PPG Completes Sale of Its Ownership Interest in PFG Fiber Glass Joint Ventures
November 18, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has completed the sale of its 50 percent ownership interest in its two PFG Fiber Glass joint ventures (PFG) to Nan Ya Plastics Corp., which owned the other 50 percent interest. Nan Ya is affiliated with Taiwan-based Formosa Plastics Group. PPG received gross proceeds of
U.S. Water Expands National Territory and Strengthens Presence in Southwestern United States with
November 18, 2016
ST. MICHAEL, Minn.--(BUSINESS WIRE)--U.S. Water, an ALLETE Company (NYSE: ALE), today announced the acquisition of Water & Energy Systems Technology, Inc. (WEST). WEST, a strong regional company in the Southwestern United States, provides specialty chemicals and engineering service for water treatment in a variety of industries including
The Buckle, Inc. Reports Third Quarter Net Income
November 18, 2016
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended October 29, 2016 was $23.4 million, or $0.49 per share ($0.48 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended October 29, 2016 decreased 14.6 percent to $239.2 million from net sales of
ASETEK – Update to Full Year 2016 Revenue Guidance
November 18, 2016
OSLO, Norway--(BUSINESS WIRE)--Asetek (OSE:ASETEK) communicated in its third quarter 2016 report announced 27 October 2016 that the company’s expectation for full year 2016 revenue within the company’s desktop segment had solidified through 2016. Furthermore, that the company expected full year 2016 desktop segment revenue above
Vespers by Neri Oxman and Her Team – a Series of Breakthrough Stratasys 3D Printed Death Masks
November 18, 2016
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today announces the official launch of ‘The New Ancient’ 3D printed art and design collection. The collection includes ‘Vespers’, a series of exploratory 3D printed death masks, designed