Tuesday, December 11, 2018
All News
Molex Completes Acquisition of Phillips-Medisize Corporation
October 26, 2016
LISLE, Ill.--(BUSINESS WIRE)--Molex, a global manufacturer of complete interconnect solutions, has completed its previously announced acquisition of Phillips-Medisize Corporation, a portfolio company of the San Francisco, CA -based private equity investment firm, Golden Gate Capital. Phillips-Medisize will operate as an indirect subsidiary of
TE Connectivity Announces ELCON Mini Power Connectors and Cable Assemblies
October 26, 2016
HARRISBURG, Pa.--(BUSINESS WIRE)--TE Connectivity (TE), a world leader in connectivity and sensors, today announced its ELCON Mini power connectors and cable assemblies—the latest innovation in its proven line of ELCON power solutions. The ELCON Mini family of products makes it easier for engineers to address increasing power demands,
EPRI, Eaton Commence Field Test of Innovative Circuit Breaker Technology Seeking to Demonstrate More
October 26, 2016
PITTSBURGH--(BUSINESS WIRE)--The Electric Power Research Institute (EPRI) and power management company Eaton today announced a collaborative demonstration fielded by EPRI with utility providers across the United States to test a new Eaton circuit breaker designed to improve utility service reliability and optimize the grid. EPRI will test and
Survey: Companies are Eager to Conduct PCB Prototyping In-House
October 26, 2016
NESS ZIONA, Israel--(BUSINESS WIRE)--Polling of printed circuit board (PCB) designers and manufacturers, electrical engineers, OEMs and others interested in 3D-printed PCBs and circuits reveals that there is increasing demand for in-house prototyping for research and product development. The interest is particularly keen among companies that spend
AVX Corporation Announces Preliminary Second Quarter Results
October 26, 2016
FOUNTAIN INN, S.C.--(BUSINESS WIRE)--AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the second quarter ended September 30, 2016. Chief Executive Officer and President, John Sarvis, stated, “We completed the second quarter of our fiscal year with net sales of $327.5 million reflecting an increase over both the
Cemtrex Announces Preliminary Fiscal Year 2016 Results
October 26, 2016
FARMINGDALE, N.Y.--(BUSINESS WIRE)--Cemtrex Inc. (CETX), a world-leading industrial and manufacturing solutions company, today announced preliminary financial results for the fiscal year ended September 30, 2016. For the year, the Company anticipates that consolidated sales will be in the range of $93 million to $95 million and net income will be
Praxair Signs Long-Term Contract with MEGlobal, Expands Carbon Dioxide Capabilities in the U.S. Gulf
October 26, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX), a leading global industrial gas company, today announced it signed a long-term contract with MEGlobal to supply oxygen and nitrogen to its new ethylene glycol (EG) plant being built in Freeport, Texas. MEGlobal, a wholly-owned subsidiary of EQUATE Petrochemical Company, is a world leader in
PAS Launches New Process Safety Analytics Software for Insight into Industrial Operational Risk
October 26, 2016
HOUSTON--(BUSINESS WIRE)--PAS Inc., the leading solution provider of process safety, cybersecurity, and asset reliability for the energy, power, and process industries announces the general availability of its newest product, PAS IPL Assurance™. The software provides real-time predictive analytics on the health and availability of the safety
Plex Study: Innovation Fueled by Connected Manufacturing
October 26, 2016
TROY, Mich.--(BUSINESS WIRE)--Plex Systems, the leader in cloud ERP for manufacturing, today announced the results of its annual survey examining the use of technology by leading manufacturers. The 2016 Plex State of Manufacturing Technology study provides real-world insight from nearly 200 manufacturing organizations that are using technology
AGCO Reports Third Quarter Results
October 26, 2016
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $1.8 billion for the third quarter of 2016, an increase of approximately 1.5% compared to net sales of approximately $1.7 billion for the third quarter of 2015. Reported
Owens Corning Reports Third-Quarter 2016 Results
October 26, 2016
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today reported consolidated net sales of $1.52 billion in the third quarter of 2016, compared to net sales of $1.45 billion in the prior-year period. The company reported net earnings of $112 million, or $0.97 per diluted share in the third quarter of 2016, compared with net earnings of $112
SKF Nine-Month Report 2016
October 26, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: SKF (STO:SKFA) (NQB:SKFRY) (STO:SKFB) (LSE:SKFB) Alrik Danielson, President and CEO: “Organic sales were relatively unchanged compared to last year. According to seasonality, organic sales were lower compared with the second quarter. Net sales in the quarter were SEK 17.9 billion,
HanesBrands Recognized by Corporate Responsibility Magazine and Ethical Corporation
October 26, 2016
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Richard A. Noll, executive chairman of HanesBrands (NYSE: HBI), has been named CEO of the Year by Corporate Responsibility Magazine for his decade of leadership in advancing the company’s corporate social responsibility program, including an industry-leading environmental and energy-management practice.
SunOpta Inc. Schedules Third Quarter 2016 Financial Results Release and Conference Call
October 26, 2016
TORONTO--(BUSINESS WIRE)--SunOpta Inc. ("SunOpta") (Nasdaq:STKL) (TSX:SOY) announced today that it will issue financial results for the third quarter of 2016 before the markets open on Wednesday, November 9, 2016. Following the release, SunOpta will host a conference call at 9:00 AM Eastern Time to discuss its financial results and recent corporate
Silgan Announces Third Quarter Earnings
October 26, 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, today reported third quarter 2016 net income of $69.8 million, or $1.15 per diluted share, as compared to third quarter 2015 net income of $70.3 million, or $1.16 per diluted share.
3M Named One of the 2016 World’s Best Multinational Workplaces
October 26, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Global science-based company 3M is known for pushing the boundaries of science and innovation with its cutting-edge technologies in multiple industries. Now, it is also being recognized as one of the best places to work around the world. Great Place to Work® and Fortune has announced 3M as one of their 25
ACTYLUS Smart Bin System from Apex Now Available in One and Two Shelf Models for Benchtop Use
October 26, 2016
MASON, Ohio--(BUSINESS WIRE)--Based on positive customer response to its ACTYLUS™ Smart Bin System, Mason, Ohio-based Apex Supply Chain Technologies® introduces the ACTYLUS 8100 and 8200. These smart bin systems enable operations with assembly and compact manufacturing cells to take advantage of replenishment automation to ensure bin
Avolon: Q3 Fleet of 432 Aircraft Increased 67% Year-on-Year
October 26, 2016
DUBLIN & HONG KONG--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, issues an update for the third quarter of 2016 (‘Q3’). Following another active quarter, Avolon’s owned, managed and committed fleet at the end of Q3 was 432 aircraft. Strategic Highlights The third quarter was marked by two major
Avery Dennison Announces Third Quarter 2016 Results
October 26, 2016
GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its third quarter ended October 1, 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, comparisons are to the same period in the prior
Oshkosh Corporation to Present at Baird’s 2016 Industrial Conference
October 26, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE:OSK) announced today that it will present at Baird’s 2016 Industrial Conference being held at the Four Seasons Hotel in Chicago, Illinois on Wednesday, November 9, 2016. The presentation at Baird’s 2016 Industrial Conference is scheduled to start at 10:00 am CT and will be
ProfilGruppen: Best Third Quarter in the History of the Group
October 26, 2016
ÅSEDA, Sweden--(BUSINESS WIRE)--Regulatory News: ProfilGruppen (STO:PROFB) Third quarter · Turnover MSEK 260.7 (219.6), up 19 percent compared to previous year · Operating profit MSEK 18.9 (-3.2, after one-time costs related to raw material of MSEK 13.4) · Net income MSEK 14.0 (-3.6) · Cash flow from ongoing
Graña y Montero Announces Consolidated Results for 3Q2016
October 26, 2016
LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) (“the Company” or “Graña y Montero”), a leading Engineering and Construction company, announced its consolidated results for the third quarter (“3Q2016”) period ended September 30, 2016. These results have been prepared
DXP Enterprises Announces Pricing of Public Offering of Common Stock
October 26, 2016
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that it has priced a primary public offering of 2,160,000 shares of its common stock at a public offering price of $19.70 per share. The size of the offering was decreased by 540,000 shares of common stock from the previously announced offering size of 2,700,000 shares.
5 Questions About Automation
October 26, 2016
Today, automation is not just for large facilities or new ones.
Akro-Mils Celebrates 70th Anniversary
October 26, 2016
Akro-Mils, a North American leader in storage, organization and transport products, announces its 70th anniversary as a company.
Don't Change That Blade Every Hour
October 26, 2016
Ohio company has found a way to make industrial blades last all day 
Archrock, Inc. and Archrock Partners Third-Quarter 2016 Conference Call
October 25, 2016
HOUSTON--(BUSINESS WIRE)--Archrock, Inc. (NYSE:AROC) and Archrock Partners, L.P. (NASDAQ:APLP) will host a joint conference call on Tuesday, November 1, 2016, to discuss their third-quarter 2016 operational results. The call will begin at 11:00 a.m. Eastern Time. To listen to the call via a live webcast, please visit Archrock’s website at
Toledo Glass Workers Vote to Accept New Contract, Strike Ends
October 25, 2016
TOLEDO, Ohio--(BUSINESS WIRE)--Nearly 115 International Association of Machinists and Aerospace Workers (IAM) members at Libbey Glass in Toledo, OH, who went on strike after overwhelmingly rejecting a so-called “last, best and final offer” (LBFO) from the company, have voted to accept a new contract that holds the line on many
Allegion to Present at 2016 Goldman Sachs Industrials Conference
October 25, 2016
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Patrick Shannon will discuss the company’s long-term strategy at the 2016 Goldman Sachs Industrials Conference on Thursday, Nov. 3. The conference will be held at the InterContinental Boston. About Allegion™ Allegion (NYSE: ALLE) is a
Orbital ATK Selected to Build NASA's Next Civilian Land Remote Sensing Satellite
October 25, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that it has been awarded a contract by the National Aeronautics and Space Administration (NASA) to design and build Landsat 9, an advanced land surface mapping satellite to be operated by the United States Geological
CORDURA® Brand + Marlane Unveil Cutting-Edge Performance Wool
October 25, 2016
WICHITA, Kan.--(BUSINESS WIRE)--INVISTA’s CORDURA® brand announces new CORDURA® Combat Wool™ fabric in collaboration with Marlane, a division of Biella Manifatture Tessili S.R.L, a leading producer of fabrics for elegant and high-end casualwear to bring soft comfort and high performance to the dynamic professional’s
HanesBrands Declares Regular Quarterly Cash Dividend
October 25, 2016
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.11 per share to be paid Dec. 6, 2016, for stockholders of record at the close of business Nov. 15, 2016. The
Terex Corporation Announces Leadership Change in Its Cranes Segment
October 25, 2016
WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE:TEX) today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that
SAIC Awarded $1.4 Billion Contract by Defense Logistics Agency
October 25, 2016
MCLEAN, Va.--(BUSINESS WIRE)--The Defense Logistics Agency awarded Science Applications International Corp. (NYSE: SAIC) a $700 million fixed-price, single award indefinite-quantity contract for chemicals, packaged petroleum, oils, and lubricants. The contract has a five-year base period of performance, one three-year option, and one two-year
Ecolab Sells Swisher Restroom Cleaning Business to Enviro-Master
October 25, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. has sold the restroom cleaning business it acquired through the November 2015 acquisition of the U.S. operations of Swisher Hygiene Inc. to Enviro-Master International Franchise LLC. Sales of the business were approximately $28 million in 2015. Ecolab continues to operate the warewashing, kitchen
Takata Appoints Paul O’Brien as Vice President of Ethics and Compliance
October 25, 2016
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Takata Corporation, a leading global supplier of automotive safety systems, today announced that its U.S. subsidiary TK Holdings, Inc. (TKH) has appointed Paul M. O’Brien as Vice President of Ethics and Compliance. This role was newly created as a part of the Company’s enhanced Ethics and Compliance
DigitalGlobe Reports Third Quarter 2016 Results
October 25, 2016
WESTMINSTER, Colo.--(BUSINESS WIRE)--DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of commercial high-resolution earth observation and advanced geospatial solutions, today reported financial results for the quarter ended September 30, 2016. Third Quarter Financial Summary: Diversified Commercial revenue grew 8.0% due to new
Rocky Brands, Inc. Announces Third Quarter 2016 Results
October 25, 2016
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ:RCKY) today announced financial results for its third quarter ended September 30, 2016. Third Quarter 2016 Sales and Income Third quarter net sales increased 4.6% to $73.2 million compared to $70.0 million in the third quarter of 2015. The Company reported third quarter net income of
Multi Packaging Solutions to Report First Quarter 2017 Earnings on November 8, 2016
October 25, 2016
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International Limited (NYSE:MPSX), (“MPS”; “the Company”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced it will report first quarter 2017 results after the market close on
Autodesk Takes Customer Service & Support to New Heights with IBM Watson
October 25, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Autodesk (NASDAQ: ADSK) and IBM are working together to provide an improved experience for Autodesk customers and partners globally. The effort hinges on Otto, a digital concierge that uses IBM Watson cognitive technology to resolve customer and partner inquiries, such as requesting a subscription activation code or
Dura Coat Partners with Coated Metal Group to Deliver Innovative Roofing Solutions
October 25, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Dura Coat Products Inc., an Axalta Coating Systems (NYSE: AXTA) company, is partnering with Coated Metal Group (CMG) to combine innovative engineering and the advanced technology of Dura Coat coil products to produce state-of-the-art roofing and siding materials. CMG is a leading manufacturer of pre-finished steel
Superior Industries Announces Proxy Access Amendment to Bylaws and Appointment of Ellen Richstone to
October 25, 2016
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), the largest manufacturer of aluminum wheels for passenger cars and light-duty vehicles in North America, today announced that its Board of Directors has amended the Company's by-laws to implement “proxy access”, reflecting its ongoing commitment to
Iteris Sets Fiscal Second Quarter 2017 Conference Call for Wednesday, November 9, 2016 at 4:30 p.m.
October 25, 2016
SANTA ANA, Calif.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that it will conduct a conference call on Wednesday, November 9, 2016 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended
Momentive Settles Legal Action with Hungpai with respect to Momentive’s NXT* Silane Patent Rights
October 25, 2016
WATERFORD, N.Y.--(BUSINESS WIRE)--MPM Holdings Inc. (“Momentive” or the “Company”) announced today that it has reached a settlement with Dongguan Hungpai Shoe Material Manufacturing Co., Ltd. and Jingdezhen Hungpai Chemical Technology Co., Ltd. (referred to collectively as Hungpai) with respect to legal action taken by
Gestamp Chooses Ann Arbor Region for New Chassis, Paint, and Laser Welding Lines
October 25, 2016
ANN ARBOR, Mich.--(BUSINESS WIRE)--Madrid, Spain-based Corporación Gestamp, an international supplier of metal parts and assemblies for auto manufacturers, recently chose to locate its new manufacturing facility in Chelsea, Mich. Gestamp Washtenaw, LLC, a new subsidiary of Gestamp, will invest $68 million and create 195 new jobs over the
Global Electric Coolant Pump Market for Passenger Cars to Witness Growth Through 2020, Owing to
October 25, 2016
LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global electric coolant pump market for passenger cars to grow at a CAGR of close to 15% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global electric coolant pump market for passenger cars for
Carlisle Reports Loss per Share from Continuing Operations in Third Quarter of $0.15, Including
October 25, 2016
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) reported net sales of $991.0 million for the third quarter of 2016, a 1.8% increase from $973.1 million in the third quarter of 2015. Net sales from the acquisitions of Micro-Coax, Inc. (Micro-Coax), in the Carlisle Interconnect Technologies (CIT) segment, and MS
Repayment of indebtedness by Arctic Paper Kostrzyn S.A.
October 25, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: In reference to the current report no.9/2016 published on May 4th2016 and current report no. 20/216 published on September 9th 2016 the management board of Arctic Paper S.A. (the "Company") informs investors that on 25 October 2016 (the "Repayment Date") a subsidiary of the Company,
IQMS Observes Signs of Strong Growth in Plastics Manufacturing at K 2016 Show
October 25, 2016
PASO ROBLES, Calif.--(BUSINESS WIRE)--The plastics industry appears poised for strong growth in 2017 according to indicators observed by IQMS, a leading manufacturing ERP software and manufacturing execution system (MES) authority that is meeting with plastics manufacturers at K 2016, which runs October 19 – 26, 2016. K 2016, the
Fitch Rates Ford Credit Auto Owner Trust 2016-C
October 25, 2016
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings and Rating Outlooks to the notes issued by Ford Credit Auto Owner Trust 2016-C: --$286,700,000 class A-1 notes 'F1+sf'; --$315,000,000 class A-2a notes 'AAAsf'; Outlook Stable; --$150,000,000 class A-2b notes 'AAAsf'; Outlook Stable; --$377,500,000 class A-3 notes 'AAAsf';