Tuesday, October 16, 2018
All News
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
Seegrid’s Ed Henry Named CFO of the Year
November 18, 2016
PITTSBURGH--(BUSINESS WIRE)--Seegrid, the pioneer and leader in three-dimensional vision navigation, today announced Chief Financial Officer Ed Henry was awarded “CFO of the Year” by the Pittsburgh Business Times. Henry joined the company in 2015, bringing with him more than 20 years of leadership and financial management experience.
Heard It Through the Grapevine: Ford Motor Company and UAW-Ford Invest $6 Million in Motown Museum
November 18, 2016
DETROIT--(BUSINESS WIRE)--In 1959 Berry Gordy started Motown Records in Detroit. He modeled his business, which became a global hit-making factory, after the Ford Motor Company assembly line. Today, Ford and UAW-Ford are part of the Motown story again, announcing a $6 million investment as lead donor in a $50 million expansion of Motown Museum. The
Four Bay Area Cities to Collaborate to Enhance Regional Manufacturing Ecosystem
November 18, 2016
SAN FRANCISCO--(BUSINESS WIRE)--As technology and innovation transform manufacturing, four cities in one metro region are setting aside competitive differences to collaborate on a manufacturing initiative aimed to create more entry-level and middle-class jobs. Led by the nonprofit SFMade, and with major funding from Citi Community Development and
Celanese Announces Acetic Acid Price Increase in Europe
November 18, 2016
DALLAS & FRANKFURT, Germany--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for acetic acid in Europe. The price increase below will be effective immediately, or as contracts allow. Product       Europe Euro/MT    
Wieland Electric Expands samos®PRO COMPACT-PLUS Safety Control Module
November 18, 2016
Wieland Electric Inc. has added six new industrial press function control blocks to its samos®PRO COMPACT-PLUS family of programmable safety controllers, and integrated support for both EtherNet/IP and EtherCAT fieldbus communication protocols.
Trends for Using Automation and Robots in Manufacturing
November 18, 2016
Interview from this year's IMTS with Derek Korn, executive editor, Modern Machine Shop, discussing trends in robotic automation.
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