Friday, December 14, 2018
All News
Siemens Celebrates Commissioning of Panda Liberty Power Project in Pennsylvania
October 27, 2016
WASHINGTON--(BUSINESS WIRE)--Siemens and Panda Power Funds today celebrated the commissioning of the Panda Liberty Power Project in Bradford County, Pennsylvania – an 829 megawatt (MW) natural gas-fueled power plant featuring Siemens advanced H-class gas turbines. Harnessing Marcellus Shale gas, “Liberty” is the first of two new
Gemma Power Systems Celebrates Commissioning for Panda Liberty Generating Station
October 27, 2016
GLASTONBURY, Conn.--(BUSINESS WIRE)--Gemma Power Systems, LLC (GPS), together with representatives of Panda Power Funds and local and state officials, today celebrated the commissioning of the Panda Liberty Generating Station. The power plant, located in Towanda, Pennsylvania, is an 829 MW natural gas-fired combined cycle facility that was
JM&A Group and Volvo Car USA Join Forces to Offer Vehicle Owners Peace of Mind
October 27, 2016
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Industry leading finance and insurance (F&I) company JM&A Group has entered into an agreement with international auto manufacturer Volvo Car USA to provide a full suite of branded F&I products for new and used vehicles to more than 300 Volvo dealers nationally. The new alliance was announced to an
Machinist Union Condemns GKN Plan to Ship 300 St. Louis Jobs to Alabama
October 27, 2016
HAZELWOOD, Mo.--(BUSINESS WIRE)--In a move taken right out of the Corporate America playbook, GKN Aerospace has recently informed the International Association of Machinists & Aerospace Workers (IAM), District 837 that it will be laying off more than 300 union workers at its St. Louis facility and shipping their jobs to a right-to-work state.
ExxonMobil Begins Production at Port Allen Aviation Lubricants Plant
October 27, 2016
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet™ engine lubricants. The state-of-the-art aviation lubricants blending, packaging and distribution facility started shipping product worldwide in August
Hunt Valve Releases Pump Bypass Control Valves for Steel Manufacturing
October 27, 2016
SALEM, Ohio--(BUSINESS WIRE)--Hunt Valve (www.huntvalve.com), a fluid power engineering company specializing in severe-duty valves and components, has released pump bypass control valves for high-pressure centrifugal pump systems that require minimum flow to provide cooling for the pumps when there is no system demand. With fail-safe features
USG Corporation Recognized as One of Canada’s Safest Companies
October 27, 2016
CHICAGO--(BUSINESS WIRE)--USG Corporation (NYSE: USG), an industry leading manufacturer of building products and innovative solutions, is pleased to announce that its Canadian subsidiary, CGC Inc. (CGC), was named a winner in the manufacturing category of Canada’s 2016 Safest Employers Awards for its exceptional occupational, health and
Arrayent’s Shane Dyer to Present at Parks Associates’ CONNECTIONS™ Europe
October 27, 2016
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Arrayent Inc. announced today that founder and board member Shane Dyer will participate as a speaker at the 11th-annual CONNECTIONS™ Europe—Smart Home, IoT, and the Connected Consumer—November 2-3 in Amsterdam. Dyer will be featured on the panel “Smart Home Solutions: Business
Wireless Telecom Group Announces Third Quarter 2016 Financial Results Will Be Released November 2,
October 27, 2016
PARSIPPANY, N.J.--(BUSINESS WIRE)--Wireless Telecom Group, Inc. (NYSE MKT: WTT), a leader in radio frequency (RF) solutions, announced today it will release its third quarter 2016 financial results on Wednesday, November 2rd, 2016, after the market closes. About Wireless Telecom Group, Inc. Wireless Telecom Group designs and manufactures radio
Milacron Holdings Corp. to Participate in Baird's 2016 Industrial Conference
October 27, 2016
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (“Milacron”) (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry, today announced that Tom Goeke, Chief Executive Officer, and Mac Jones, Vice President Finance, will participate in the Baird 2016 Global Industrial Conference in Chicago, IL
BAE Systems Ramps Up for Virginia-Class Submarine Payload Module Launch Tube Production
October 27, 2016
LOUISVILLE, Ky.--(BUSINESS WIRE)--BAE Systems has received a contract from General Dynamics Electric Boat to begin work associated with the production of Virginia Payload Module (VPM) tubes for Block V Virginia-class (SSN 774) submarines. This initial award will fund work surrounding certification, special tooling, and other items related to
Asetek – Share Capital Increase Upon Exercise of Warrants
October 27, 2016
OSLO, Norway--(BUSINESS WIRE)--Reference is made to warrants issued by Asetek A/S (OSE:ASETEK), Danish central business register (CVR) no. 34880522 (the "Company"), pursuant to corporate resolutions adopted on August 8, 2015 and April 29, 2016 respectively. Pursuant to the applicable Warrants Terms, the warrants are exercisable in exercise Windows
ASETEK – Mandatory Notification of Trade: CEO Exercises Warrants and Sells Shares
October 27, 2016
OSLO, Norway--(BUSINESS WIRE)--Chief Executive Officer and primary insider of Asetek A/S, Andre Sloth Eriksen, has today exercised 32,289 warrants issued on August 8, 2015 and 11,836 warrants issued on April 29, 2016, and subscribe for shares in the company at NOK 10.60 and NOK 19.50 per share respectively. In total, the 44,125 shares have a
Harry’s Fresh Foods Opens Nashville Production Facility, Adding 300 Jobs
October 27, 2016
NASHVILLE, Tenn.--(BUSINESS WIRE)--Harry’s Fresh Foods, a Portland, Oregon-based manufacturer of premium refrigerated and frozen soups, entrées, sides and desserts, expanded its operations today with the opening of their new 200,000-square-foot production facility at 2960 Armory Drive in Nashville. “We are now among the first to
HON Expands Successful Solve® Seating Line
October 27, 2016
MUSCATINE, Iowa--(BUSINESS WIRE)--Following the successful launch of its high performance task chair, Solve, HON is introducing additional features to this flexible seating line to answer the need for total customization. Solve is now available with a Titanium frame, four new ilira®-stretch mesh colors and additional arm options. “Solve
SKECHERS Receives Earnshaw’s Earnie Award for Best Kids Footwear Collection
October 27, 2016
MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--SKECHERS USA, Inc. (NYSE:SKX) today announced that it has been named the Best Footwear Collection 2016 by Earnshaw’s—the leading children’s fashion trade magazine. “The entire team at SKECHERS is honored to receive this recognition for our achievements in the childrenswear industry
Efficient Power Conversion (EPC) to Present User Friendly GaN-based Multi-mode Wireless Charging
October 27, 2016
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Dr. Michael de Rooij, Vice President of Applications Engineering for EPC, will be presenting a multi-mode wireless power charging solution that works with either of the two wireless charging standards – Qi or Airfuel™ – at the Wireless Power Summit 2016 being held in Seattle, Washington
GE’s Power Services Launches Fleet360* Services Platform, One Year after Alstom Power Acquisition
October 27, 2016
BADEN, Switzerland--(BUSINESS WIRE)--GE’s Power Services (NYSE:GE) today launched its new Fleet360* platform to showcase its enhanced total plant capabilities to service both GE and cross-fleet power generation equipment for utility and industrial plant operators worldwide. This launch comes one year after acquiring Alstom’s power
James Curry Named Project Manager at Atwell
October 27, 2016
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Consulting, engineering and construction services firm Atwell, LLC is pleased to announce Jim Curry has joined the firm as Project Manager, Land Solutions. Based in Lakewood, Colorado, he will manage projects and teams in the oil and gas, renewable energy and electric transmission and distribution markets focused
Mexico Proyectos Reconstructs Procurement with SAP Ariba
October 27, 2016
PALO ALTO, Calif.--(BUSINESS WIRE)--If there’s one thing Mexico Proyectos y Desarrollos Servicios knows, it’s how to erect solid modern structures. So when the construction firm set out to revamp its procurement function, it started by looking for a strong foundation. And it found one in SAP Ariba. The company today announced that it
Axalta Unveils New Brand Identity for its Imron Polyurethane line of coatings for Commercial
October 27, 2016
SHANGHAI--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has introduced a new logo and brand identity for its iconic Imron® brand of polyurethane coatings and sustainable Imron solutions that are available to China’s commercial vehicle manufacturers. More than 80 leading
IEE Tapped for Replacement Display Contract with Cubic Transportation Systems
October 27, 2016
VAN NUYS, Calif.--(BUSINESS WIRE)--IEE, manufacturer of enhanced displays for military and industrial applications will be producing a 4.1-inch display to be used in ticketing systems for Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE: CUB) and leading integrator of payment and information technology and services for
Autoliv: Financial Report July - September 2016
October 27, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: For the three-month period ended September 30, 2016, Autoliv, Inc. (NYSE:ALV) (STO:ALIVSDB) – the worldwide leader in automotive safety systems – reported consolidated sales of $2,461 million. Quarterly organic sales* grew by 6.1%. The operating margin was 7.8% and the adjusted operating
Distributors Unlock the Value of Tail Spend with ACTYLUS Smart Bin Systems from Apex
October 27, 2016
MASON, Ohio--(BUSINESS WIRE)--ACTYLUS™ Smart Bin Systems, from Apex Supply Chain Technologies® of Mason, Ohio, are helping extend companies’ continuous improvement efforts into inventory replenishment – a traditionally low-tech and manual process. ACTYLUS is on display in booth #2348 at the National Industrial Fastener &
Textron Elects MIT VP of Research Dr. Maria T. Zuber to Board of Directors
October 27, 2016
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) announced that Dr. Maria T. Zuber has been elected to the company's Board of Directors, effective November 1, 2016. Dr. Zuber is the Vice President for Research and the E. A. Griswold Professor of Geophysics at the Massachusetts Institute of Technology. She is also currently the Chair of
BAE Systems Awarded $146 Million U.S. Army Contract for Ammunition Plant Modernization
October 27, 2016
KINGSPORT, Tenn.--(BUSINESS WIRE)--BAE Systems has been awarded a U.S. Army contract modification valued at $146.5 million to construct and commission a new facility that will increase the capacity for producing insensitive munitions at the Holston Army Ammunition Plant in Kingsport, Tennessee. The project to build the Insensitive Munitions Weak
Future Engineers Hosts National “Mars Medical” Design Challenge for Young Innovators Issued by
October 27, 2016
LOS ANGELES--(BUSINESS WIRE)--Future Engineers, an online education platform that issues national innovation challenges for K-12 students, has announced the Mars Medical Challenge, the fifth in a series of space innovation challenges developed by Future Engineers with the American Society of Mechanical Engineering (ASME) Foundation and with
Mechanical Technology Announces Third Quarter 2016 Earnings
October 27, 2016
ALBANY, N.Y.--(BUSINESS WIRE)--Mechanical Technology, Incorporated (MTI or the Company) (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration
AstroNova Launches EVX Chart Recording System for Data Acquisition & Printing
October 27, 2016
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova (NASDAQ: ALOT), a global leader in data visualization technologies, today announced the worldwide release of its EVX Chart Recording System, a data acquisition and printing system. Combining the power of AstroNova’s TMX-R data acquisition system and the high-quality print capability of its
Tel-Instrument Electronics Corp. to Host Conference Call to Discuss Fiscal Second Quarter 2017
October 27, 2016
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“TIC” or the “Company”) (NYSE MKT:TIK) will host a conference call and webcast on Wednesday, November 9, 2016 at 9:00 a.m. Eastern Time to discuss the Company’s fiscal second quarter 2017 results. To access the live webcast, log onto the
Sparton Corporation to Host Conference Call to Discuss Fiscal 2017 First Quarter Financial Results
October 27, 2016
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE:SPA) announced it will host a conference call on Wednesday, November 9, 2016, at 10:00 a.m. CST/11:00 a.m. EST to discuss its fiscal year 2017 first quarter financial results. The Company’s results for the quarter will be filed with the SEC no later than November 8, 2016. To
Barco Uniforms Ties the Knot with Centric Software
October 27, 2016
CAMPBELL, Calif.--(BUSINESS WIRE)--Barco Uniforms is a recognized leader of design innovation in the premium professional apparel industry, designing award-winning premium uniforms that elevate and honor individuals in the healthcare, food service and hospitality industries. Founded in 1929, Barco Uniforms is a Los Angeles-based, forward-thinking
Materion Corporation Reports Third Quarter 2016 Financial Results and Declares Fourth Quarter
October 27, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE:MTRN) today reported third quarter 2016 financial results. Net sales for the third quarter of 2016 were $249.6 million compared to $244.4 million for the third quarter of 2015. Third quarter 2016 value-added sales were $157.0 million, up 5% from third quarter 2015 value-added sales
Changes to BillerudKorsnäs Senior Management Team
October 27, 2016
SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: Ulf Eliasson, today head of BillerudKorsnäs (STO:BILL) business area Consumer Board, has been appointed Senior Vice President Production. Mr. Peter Jhaveri has been recruited to BillerudKorsnäs to succeed Ulf Eliasson as Senior Vice President Consumer Board. Mr. Jhaveri has long experience
Westinghouse’s WeLink™ Business Accelerator to Advance Nuclear Innovation
October 27, 2016
BRUSSELS--(BUSINESS WIRE)--Westinghouse Electric Company announced today that it has created a new way for innovators to advance nuclear energy technology through collaboration with Westinghouse and its global network of leading technical experts. The initiative, named WeLink, will provide funding support, office space and technical tools for
EMCOR Group, Inc. Reports Third Quarter Results
October 27, 2016
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE:EME) today reported results for the third quarter ended September 30, 2016. For the third quarter of 2016, net income from continuing operations attributable to EMCOR was $51.9 million, or $0.85 per diluted share, compared to $41.8 million, or $0.66 per diluted share, in the third
Sealed Air Reports Third Quarter 2016 Results
October 27, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE:SEE) today announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow generation as a result of our operating
ECI Technology Wins Multi-Million Dollar Order from Major OSAT
October 27, 2016
NEW YORK--(BUSINESS WIRE)--ECI Technology, Inc. announced it has received a multi-million dollar order from a major OSAT in Taiwan for Quali-Fill® Chemical Management Systems. ECI’s Quali-Fill systems provide fully automated online chemical metrology and smart dosing capabilities for manufacturing of advanced Wafer Level Packaging (WLP).
H&E Equipment Services Reports Third Quarter 2016 Results
October 27, 2016
BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the third quarter ended September 30, 2016. THIRD QUARTER 2016 SUMMARY Revenues decreased 11.6% to $244.7 million versus $276.9 million a year ago. Net income was $11.7 million in the third quarter compared to net income of $14.8 million a
Ford Delivers Third Quarter $1.0B Net Income; $1.4B Adjusted Pre-Tax Profit
October 27, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE: F) today reported its 2016 third quarter financial results. Click here or visit media.ford.com to view the news release and visit http://www.shareholder.ford.com to view the slide presentation and access the webcast to Ford’s earnings call, which begins at 9 a.m. EDT with Mark
Superior Industries Reports Third Quarter 2016 Financial Results
October 27, 2016
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), the largest manufacturer of aluminum wheels for light vehicles in North America, today reported financial results for the third quarter ended September 25th, 2016. Don Stebbins, President and Chief Executive Officer, commented, “We are encouraged by
Domtar Corporation Reports Preliminary Third Quarter 2016 Financial Results
October 27, 2016
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $59 million ($0.94 per share) for the third quarter of 2016 compared to net earnings of $18 million ($0.29 per share) for the second quarter of 2016 and net earnings of $11 million ($0.17 per share) for the third quarter of
Up To Date Laundry, Inc. Announces New Healthcare Laundry Facility
October 27, 2016
BALTIMORE--(BUSINESS WIRE)--Today, Up To Date Laundry, Inc. announces plans to build an additional healthcare laundry processing facility in East Baltimore at Hollander Business Park with an anticipated grand opening of July 2017. Up To Date Laundry launched its business in Baltimore in 1946 servicing ships arriving at the Baltimore Harbor from New
Optimal+ CTO Discusses Big Data Analytics’ Ability to Significantly Lower DPPM for the Automotive
October 27, 2016
BARCELONA, Spain--(BUSINESS WIRE)--Optimal+ CTO Michael Schuldenfrei will provide insight on how big data product analytics can significantly improve quality by reducing the defective parts per million (DPPM) rate for automotive electronics at the second annual IoT Solutions World Congress on Thursday, October 27 from 5:45-6:30 pm in room 3. In
Anixter to Present at Upcoming Conferences
October 27, 2016
GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (NYSE: AXE) today announced that Bob Eck, President and CEO, and Ted Dosch, Executive Vice President – Finance and Chief Financial Officer of Anixter, will participate in the following upcoming investor conferences: On Wednesday, November 9, 2016, at 8:30 AM CT, Mr. Eck will present
Allegion Reports Third-Quarter 2016 Financial Results
October 27, 2016
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, today reported third-quarter 2016 net revenues of $581.1 million and net earnings of $1.6 million, or $0.02 per share from continuing operations. Excluding charges related to impairment, restructuring and acquisitions, adjusted net
Dow Reports Third Quarter Results
October 27, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW): Third Quarter 2016 Highlights Dow reported earnings per share of $0.63, or operating earnings per share of $0.91(1). This compares with earnings per share of $1.09 in the year-ago period, or operating earnings per share of $0.82. Certain Items in the quarter primarily reflected
Axalta Releases Third Quarter 2016 Results
October 27, 2016
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2016. “Third quarter results demonstrated strong top line and Adjusted EBITDA performance thanks to ongoing base business development,
Bemis Company Reports Third Quarter Results
October 27, 2016
NEENAH, Wisc.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE:BMS) today reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of Non-GAAP Earnings Per Share,” adjusted diluted earnings
Proto Labs Reports Financial Results for the Third Quarter 2016
October 27, 2016
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--Proto Labs, Inc. (NYSE:PRLB), a leading online and technology-enabled, quick-turn, on-demand manufacturer, today announced financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights include: Revenue for the third quarter of 2016 was $78.2 million, 15 percent above revenue of