Wednesday, October 23, 2019
All News
KMG Names Marcelino Rodriguez Chief Financial Officer
June 27, 2016
FORT WORTH, Texas--(BUSINESS WIRE)--KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals, today announced that Marcelino Rodriguez, KMG’s Corporate Controller and Chief Accounting Officer, has been named Vice President and Chief Financial Officer. Rodriguez replaces Mindy Passmore, who has resigned to pursue other
Fire Damages an AptarGroup Facility in France
June 27, 2016
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--A fire caused damages to AptarGroup’s facility in Annecy, France on June 25. There were no reported injuries. The cause of the fire is under investigation and was contained to one of three production units. Aptar Annecy supplies anodized aluminum components for certain AptarGroup dispensing systems. While
Sparton’s Plaistow, N.H. Manufacturing Center Earns Fourth Consecutive 5-Star Supplier Excellence
June 27, 2016
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE:SPA) an industry leader in the design and manufacture of highly-complex electronic and electromechanical devices was recognized for its outstanding performance as a supplier to Raytheon Integrated Defense Systems(IDS) at the Supplier Excellence Conference held in Danvers, Mass. on June 7,
Orbital ATK Completes Expansion of Northridge Facility with Enhanced Capabilities
June 27, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced the completion of the expansion of its Northridge, California, facility, integrating engineering and production of the AAR-47 Missile Warning System and Common Munition Bit Reprogramming Equipment (CMBRE) product lines. The
Newsweek Names Praxair a Top Green Company
June 27, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX), a leading industrial gas company and recognized global leader in sustainable development, has earned a place in the 2016 Newsweek Green Rankings. The Green Rankings assess the overall corporate sustainability and environmental performance of the 500 largest publicly traded
US Navy Awards Harris Corporation $27 Million Order for Electronic Warfare Decoy Technology
June 27, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) has received a $27 million order to deliver maritime electronic warfare (EW) payloads for the U.S. Naval Research Laboratory’s Advanced Decoy Architecture Project (ADAP) program. The order was received during the fourth quarter of Harris’ fiscal 2016. The order, issued
AREVO Announces $7M Series A Funding Round Led by Khosla Ventures
June 27, 2016
SANTA CLARA, Calif.--(BUSINESS WIRE)--AREVO, the first company addressing 3D printing of composite materials for production applications, announced a $7M Series A funding round led by Khosla Ventures. Coincident with the investment, Vijit Sabnis from Khosla Ventures will join the AREVO Board of Directors. AREVO recently won the Autodesk REAL Deal
Carlisle Companies to Announce 2nd Quarter Results on July 26, 2016
June 27, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) will release second quarter 2016 results on Tuesday, July 26, 2016 before the market opens. A conference call to discuss the quarter’s results will be held the same day at 8:00 a.m. Eastern. This conference call will be webcast live in a listen-only mode via
Skyworks Powers Huawei’s Next Generation Smartphones
June 27, 2016
WOBURN, Mass.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that Huawei’s newest flagship P9 and P9 Plus smartphones are being enabled by a broad suite of Skyworks devices ranging from highly integrated modules to
Gronbach: A lot under the hood: Under-Furniture Vacuum Cleaner launched in the US market
June 27, 2016
MUNICH & WASSERBURG AM INN, Germany--(BUSINESS WIRE)--Forget wrestling bulky conventional vacuum cleaners and stooping to sweep up dirt – German company Gronbach has developed the world’s highest quality Under-Furniture Vacuum Cleaner, Made in Germany. The drawer-sized unit fits permanently beneath a piece of furniture – where
OpenGate Capital Portfolio Company, Power Partners, Inc., Installs First of Several New Production
June 27, 2016
LOS ANGELES & ATHENS, Ga.--(BUSINESS WIRE)--OpenGate Capital, a global private equity firm, announced today in a joint statement with its portfolio company, Power Partners, Inc. (“PPI”), a US-based manufacturer of distribution transformers, that PPI has completed phase one of a multi-phase investment in state-of-the-art production
Olympic Steel Names Steve Reyes Vice President, Central Region
June 27, 2016
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (NASDAQ: ZEUS), a leading national metals service center, today announced Steve Reyes has been named Vice President, Central Region, effective July 1, 2016. Reyes is a 33-year steel industry veteran and began his career at Olympic Steel in 1999 as a Sales Manager. He served as General Manager —
All-New 2017 Ford GT ’66 Heritage Edition Pays Homage to Historic Livery on 1966 Le Mans Winner
June 27, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--The all-new 2017 Ford GT will be available in a limited-edition Heritage theme honoring the GT40 Mark II driven to victory by Bruce McLaren and Chris Amon at Le Mans in 1966 – part of the historic 1-2-3 Ford GT sweep. The car will feature unique interior and exterior color themes, and an exclusive wheel
BizWireTV Accelerator Report: Startups Have New Forum for Competition and Big Products in Wireless
June 27, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV Accelerator Report, Startup World Cup wants the world’s best startups to compete for a million dollar investment, and some big investments for tech including drones and augmented reality. Also featured in the episode is this week’s startup standout, FLI Charge, launching a new
LSB Industries, Inc. Announces That Its Agreement to Sell Its Climate Control Business to Nibe
June 27, 2016
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced that the agreement between Nibe Industrier AB (publ) (NIBE) and LSB Industries (LSB) on the sale and transfer of LSB’s Climate Control Business to NIBE has been cleared by the U.S. Federal Trade Commission in
Presto Engineering Signs Agreement with NAGRA for Secure Product Production
June 27, 2016
SAN JOSE, Calif. & CHESEAUX, Switzerland--(BUSINESS WIRE)--Presto Engineering Inc., a semiconductor product engineering and supply chain service provider, announced today that it has signed a multi-year supply agreement with NAGRA, a Kudelski Group company in secure digital TV access and management systems. Presto will provide supply chain
SSAB: Final Result of SSAB’s Rights Issue
June 27, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: SSAB Svenskt Stål AB (STO:SSABA) (STO:SSABB) (HEX:SSABAH) (HEX:SSABBH) The final result of SSAB AB’s (publ) (“SSAB”) rights issue shows that 472,856,489 class B shares, corresponding to approximately 98.4 per cent of the shares offered, were subscribed for by the exercise of
Mitsubishi Electric In-house Donation Program to Aid Victims of Earthquakes in Kumamoto and
June 27, 2016
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Mitsubishi Electric Group would donate a cumulative 62,816,510 yen (approximately US$560,000) through an in-house matching-gift program — the Mitsubishi Electric SOCIO-ROOTS Fund — to people affected by the series of earthquakes that struck
Keyless Electronic Locking Systems for Akro-Mils Bin Cabinets
June 27, 2016
Akro-Mils, a North American manufacturer of storage, organization and transport products, now has Keyless Electronic Locking Systems for its Bin Cabinets. 
Many Owners Don’t Know the Real Value of Their Businesses
June 27, 2016
“Most business owners do not have a formal plan to exit the business and without a plan they risk not receiving the real value of the enterprise they have worked so hard to build.”
Celanese Announces Ateva® EVA and LDPE Polymers Price Increase
June 25, 2016
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE:CE), a global technology and specialty materials company, will increase list and off-list selling prices for Ateva® EVA and LDPE Polymers. The price increase below will be effective July 1, 2016 as contracts allow. Product     North and South America       USD/lb
Former Campbell CEO David Johnson Passes Away at Age 83
June 25, 2016
CAMDEN, N.J.--(BUSINESS WIRE)--Former Campbell Soup Company President and Chief Executive Officer David Johnson passed away on June 19 in Doylestown, Pa. A native of Australia, Johnson served as Campbell's President and CEO from 1990 until 1997 and again from March 2000 to January 2001. Johnson also served as Chairman of the Campbell Board of
Volvo Makes Additional Provision in Connection with EU Competition Investigation
June 25, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: The Volvo Group (STO:VOLVA) (STO:VOLVB) has decided to make an additional provision of EUR 250 million (SEK 2.3 billion) in connection with the ongoing investigation, in which the Commission’s preliminary standpoint is that Volvo and other companies in the truck industry may have
The U.S. Army Announces National Winning Teams of the 2015-16 eCYBERMISSION Competition
June 24, 2016
LEESBURG, Va.--(BUSINESS WIRE)--The U.S. Army is pleased to announce the 2015-16 national winners of the 14th annual eCYBERMISSION competition. The winning teams were announced this afternoon at the National Judging and Educational Event (NJ&EE) awards luncheon. Sponsored by the U.S. Army, one of several science, technology, engineering and
Industry Veteran Bob Snyder To Lead Twin Rivers Paper as CEO
June 24, 2016
MADAWASKA, Maine--(BUSINESS WIRE)--Twin Rivers Paper Company announced today that following the completion of his three-year term as Chief Executive Officer (CEO) of the company, Tim Lowe will be succeeded in the role by Robert ("Bob") Snyder, effective June 24, 2016. “We undertook a comprehensive search to find the kind of leader needed to
Axalta Coating Systems Celebrates 150 Years of Coating Innovation
June 24, 2016
WUPPERTAL, Germany--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is marking its 150 years in the coating industry in 2016. To celebrate, Axalta’s Europe, Middle East and Africa (EMEA) region recently hosted a number of events in Wuppertal, Germany, where the company originated.
SMIC Acquires LFoundry and Enters into Global Automotive Electronics Market
June 24, 2016
AVEZZANO, Italy & SHANGHAI--(BUSINESS WIRE)--Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China, jointly announces with LFoundry Europe GmbH (“LFE”) and Marsica Innovation
Statement from Jeffrey Immelt, Chairman & CEO of GE, on UK Referendum
June 24, 2016
FAIRFIELD, Conn.--(BUSINESS WIRE)--“Although GE supported the UK remaining in the EU, we respect the decision of the British people and remain firmly committed to the UK and Europe. GE has 22,000 employees in the UK and 100,000 employees in Europe overall that will continue to focus on delivering great outcomes for our customers. We believe
Axalta Racing’s Solar Flare Paint Scheme to Heat Up Sonoma
June 24, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA) is excited to return to the racetrack with its “Solar Flare” paint scheme. Axalta’s radiant paint will shine on the No. 88 Axalta Chevrolet SS driven by Dale Earnhardt Jr. on June 26, 2016 at Sonoma Raceway. The race will air live on FOX Sports 1 at 3:00 p.m.
Deswell Announces Fourth Quarter 2016 Results
June 24, 2016
MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its financial results for the fiscal fourth quarter ended March 31, 2016. Net sales for the fourth quarter ended March 31, 2016 were $8.4 million, an increase of 3.5% compared to net sales of $8.1 million for the same quarter ended March 31, 2015. Net sales decreased by
NORMA Group SE to acquire the Autoline quick connectors business from Parker
June 24, 2016
MAINTAL, Germany & GUICHEN, France--(BUSINESS WIRE)--NORMA Group SE, a global market leader in engineered joining technology, entered into an exclusive agreement to acquire all assets of the Autoline business from Parker’s Fluid Systems Connectors Division, (“Parker Autoline”) on June 23. The terms of the agreement are
CORRECTING and REPLACING Bluedrop, Boeing Chinook Rear Crew Trainer Development Completes Major
June 24, 2016
CORRECTION...by Bluedrop Performance Learning Inc. HALIFAX, Nova Scotia--(BUSINESS WIRE)--Issuing city of release dated June 23, 2016 should read: HALIFAX, Nova Scotia The corrected release reads: BLUEDROP, BOEING CHINOOK REAR CREW TRAINER DEVELOPMENT COMPLETES MAJOR MILESTONE Boeing-funded trainer has estimated completion date of October 2016;
Company Profile for Sonobond Ultrasonics, Inc.
June 24, 2016
--(BUSINESS WIRE)--Sonobond Ultrasonics is a leading provider of ultrasonic metal welding and synthetic textiles bonding equipment for aerospace, apparel, automotive, battery, body armor, electronic, filtration and medical assembly applications. In 1960, the company—then known as Aeroprojects—received the first patent ever awarded for
Orion Breaks Industrial Lighting Performance Barriers Again With the New ISON™ High Lumen High Bay
June 24, 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--Orion Energy Systems, Inc. (NASDAQ:OESX), a leading designer and manufacturer of high-performance, energy-efficient retrofit lighting platforms, today announced the latest record-breaking industrial fixture to join its patented LED High Bay suite. The patent-pending ISON™ LED High Lumen High Bay is now the
Masco Corporation Declares Quarterly Dividend
June 24, 2016
TAYLOR, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced that its Board of Directors declared a quarterly dividend of $.095 per common share, payable on August 8, 2016, to shareholders of record on July 8, 2016. Headquartered in Taylor, Mich., Masco Corporation is a global leader in the design, manufacture and distribution of branded
Orion’s New LED VaporTight Series Crushes Another Industry Threshold
June 24, 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--Orion Energy Systems, Inc. (NASDAQ: OESX), a leading designer and manufacturer of high-performance, energy-efficient retrofit lighting platforms, today announced the latest record-breaking industrial fixtures to join its APOLLO® VaporTight series. There are four new APOLLO® VaporTight fixtures in the
JNS Power & Control Announces Recent Contracts Awarded
June 24, 2016
CHICAGO--(BUSINESS WIRE)--JNS Power & Control a wholly owned subsidiary of JNS Holdings Corporation (OTC: JNSH) announced today that its Power & Control unit was selected and awarded the following contracts: Kenmore Plaza - 28 Story Apartment High-Rise - Building Automation System Park Ridge School District 64 (Washington School) - Building
Media Advisory: Details of Ford Motor Company’s June 2016 U.S. Sales Conference Call
June 24, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE:F) will release its June 2016 U.S. sales results at approximately 9:15 a.m. ET Friday, July 1, 2016. At 10:00 a.m. ET, Erich Merkle, Ford U.S. sales analyst, will host a conference call for the investment community and news media to discuss the results and related market trends. He will be
Harris Corporation Awarded $15 Million Order to Supply Tactical Radios to Middle East Nation
June 24, 2016
ROCHESTER, N.Y.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) has received a $15 million order to provide tactical radios, management systems, training and field support services to a nation in the Middle East as part of an ongoing modernization program. The contract was awarded during the fourth quarter of Harris’ 2016 fiscal year. Harris
On the Latest BizWireTV: Tech Revolution at This Year’s Cannes Lions Plus LinkedIn Lists the Best
June 24, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, big news out of Cannes Lions as advertising gets a VR makeover, new tech lets you edit for a sense of touch, and Yahoo! makes it easier for brands and agencies to create content. Watch the full episode for more stories featuring LinkedIn, Jack Daniel’s, Gametime, and more on BizWireTV
Ashland Enlists Distribution Expert HORN to Support Oil and Gas Market
June 24, 2016
LA MIRADA, Calif.--(BUSINESS WIRE)--HORN, North America’s premier distributor of specialty chemicals and raw materials, today announced a new addition to its portfolio of best-in-class specialty suppliers serving the oil and gas industry. Ashland Inc. (NYSE: ASH) has aligned with HORN as its exclusive distribution channel partner to
Batter Up: Toyota Spotlights Youth Programs at Annual Congressional Baseball Game
June 24, 2016
WASHINGTON--(BUSINESS WIRE)--The House and Senate sent their best aces and sluggers to the baseball diamond last night – swinging their bats, flashing some leather and tearing around the bases at the annual Congressional Baseball Game. When the dust finally settled, the Republicans took the game from the Democrats with a score of 8-7. But it
Wilsonart Introduces 29 New Contract Laminate Designs
June 24, 2016
TEMPLE, Texas--(BUSINESS WIRE)--Organic growth and the beauty of natural and gradual change influenced the latest introductions to the ever-evolving Contract Laminate Collection by Wilsonart, a leading manufacturer of decorative engineered surfaces for 60 years. “Revolution is a provocative thing. But this type of sudden, forced change is not
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
June 24, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) for $20.00 per share in cash (the
Rudolph Technologies to Participate in the Eighth Annual CEO Investor Summit 2016
June 24, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Rudolph Technologies, Inc. (NYSE: RTEC), a leading provider of process characterization equipment, lithography equipment and software for wafer fabs and advanced packaging facilities, announced today that Michael P. Plisinski, chief executive officer, will be participating in the Eighth Annual CEO Investor Summit
Matheson Tri-Gas Agrees to Acquire Divested Assets in the US from Air Liquide
June 24, 2016
BASKING RIDGE, N.J.--(BUSINESS WIRE)--MATHESON has executed an agreement for the purchase of eighteen (18) air separation plants in sixteen (16) locations, two (2) Nitrous Oxide plants, four (4) CO2 plants, and related assets from Air Liquide in the United States. The agreement also includes MATHESON’s purchase of three (3) Airgas Inc. retail
Bluedrop, Boeing Chinook Rear Crew Trainer Development Completes Major Milestone
June 24, 2016
HALIFAX, Ontario--(BUSINESS WIRE)--Bluedrop Performance Learning Inc. (“Bluedrop”) [TSX-V: BPL] together with Boeing [NYSE: BA], announced today that it has completed a major milestone in the development of the next-generation CH-47 Chinook helicopter Rear Crew Trainer with the integration of its Canadian-built fuselage with
ArcWorld 2000: Flexible Robotic Welding System Configuration 
June 24, 2016
The new ArcWorld® 2000 welding workcell by Yaskawa Motoman is a modular solution specifically designed for robotic welding of large workpieces.
Ohio Ranks Second in Overall Broadband Activity and Investment
June 24, 2016
Broadband becoming more essential for businesses.
Ultratech Announces Participation in 8th Annual CEO Investor Summit 2016
June 23, 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 8th Annual CEO Investor Summit 2016 to be held Wednesday July 13, 2016, in San