Friday, February 22, 2019
All News
Cooper Tire Goes on the Street and Off-Road With Products Showcased at SEMA Nov. 1-4
November 1, 2016
LAS VEGAS--(BUSINESS WIRE)--Cooper Tire is showcasing a wide range of its newest and most popular products in booth #43019 at the Specialty Equipment Market Association (SEMA) show in Las Vegas today through Nov. 4. The new Cooper Zeon RS3-G1 is being highlighted as a breakthrough in the ultra-high performance tire category. According to Scott
Kwikset Expands Use of Patented SmartKey Security to Automotive Industry
November 1, 2016
LAKE FOREST, Calif.--(BUSINESS WIRE)--Kwikset® will expand its patented SmartKey™ security to the automotive accessories industry through a newly announced partnership with Horizon Global Corporation, one of the world’s leading manufacturers of branded towing and trailering equipment. Kwikset, the leading residential lock
The Toro Company to Present at Baird's 2016 Global Industrial Conference
November 1, 2016
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that it will present at Baird’s 46th annual Global Industrial Conference on November 8, 2016, at the Four Seasons Hotel Chicago. Renee Peterson, Toro’s vice president, treasurer and chief financial officer, is scheduled to present at 2:30 p.m. CST. A copy
Siemens Launches Digital Grid Services Platform for US Market
November 1, 2016
MINNETONKA, Minn.--(BUSINESS WIRE)--Siemens has introduced a new Digital Grid Services platform for the U.S. market that will allow utilities to better access an increasingly digital operational environment through the use of cloud and managed service offerings. The offering will consist of software as a service grid management applications offered
Centina Systems Teams with Vodafone and Huawei to Demonstrate Assurance of Drone Services
November 1, 2016
PLANO, Texas--(BUSINESS WIRE)--Centina Systems, leading innovator in strategic assurance and network performance management solutions, announced today they are a key participant in the latest TM Forum catalyst project entitled “Do drones dream of electric sheep?”. The project, championed by Vodafone, explores the future of drone
C-Astral Signs Agreement With Alta Devices to Provide Solar Cells for New, High Performance, Long
November 1, 2016
SUNNYVALE, Calif. & AJDOVSCINA, Slovenia--(BUSINESS WIRE)--C-Astral Aerospace and Alta Devices today announced that Alta’s world-record-breaking solar technology will be used to significantly extend the endurance for the most sophisticated of C-Astral’s next generation unmanned aerial vehicles (UAVs). Details of the agreement are
SAP Ariba Celebrates Two Decades of Procurement Innovation
November 1, 2016
PALO ALTO, Calif.--(BUSINESS WIRE)--Twenty years ago, procurement was a manual function driven largely by phone calls, faxes and handshakes. Then along came the Internet. And a company named Ariba. And everything changed. It all started with the idea that buying and selling among businesses didn’t need to be so hard. That with the right
Ferro Expands Its Electronics Product Portfolio with Acquisition of Electro-Science Laboratories
November 1, 2016
CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE:FOE “Company”) today announced that it has acquired Electro-Science Laboratories, Inc. (“ESL”), a leader in electronic packaging materials. Ferro paid $75 million excluding customary adjustments and fees for the privately held company headquartered in King of Prussia,
Blue Wolf Capital Selected as Stalking Horse Bidder For Extreme Plastics Plus, Provider of
November 1, 2016
NEW YORK--(BUSINESS WIRE)--Blue Wolf Capital Partners LLC (“Blue Wolf”), the New York-based private equity firm, today announced that Blue Wolf Capital Fund III, L.P., an affiliate of Blue Wolf, has been named by the United States Bankruptcy Court, District of Delaware as the stalking horse bidder for the assets of Extreme Plastics Plus
Emerson Reports Full Year and Fourth Quarter 2016 Results That Exceed Expectations
November 1, 2016
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today reported results for the fourth quarter and fiscal year ended September 30, 2016. As a result of pending divestitures, results for our historical Network Power segment and for the Leroy-Somer and Control Techniques businesses previously included in our historical Industrial Automation segment
Milacron Holdings Corp. Reports Third Quarter 2016 Results
November 1, 2016
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (“Milacron”) (NYSE:MCRN), a leading industrial technology company serving the plastic processing industry, today announced financial results for the third quarter ended September 30, 2016.   Three Months Ended September 30, In millions (except per share data) 3Q'16   3Q'15
Augury CEO & Co-Founder to Present at IMVAC USA 2016
November 1, 2016
LAKE BUENA VISTA, Fla.--(BUSINESS WIRE)--Augury, an Industrial Internet of Things technology company based in New York and Israel, today announced its CEO and Co-Founder, Saar Yoskovitz, is presenting at the International Machine Vibration Analysis Conference (IMVAC) USA 2016, a professional development conference for vibration analysts, condition
Autodesk Extends Invitation to Join Financial Results Conference Call
November 1, 2016
SAN RAFAEL, Calif.--(BUSINESS WIRE)--Autodesk, Inc. (NASDAQ: ADSK) today announced that it will broadcast its third quarter fiscal 2017 financial results conference call live via its website Tuesday, November 29, 2016 at 2:00 p.m. Pacific Time. Autodesk will host a live webcast call at www.autodesk.com/investors. An audio replay webcast and podcast
3M Subsidiary Wins Contracts for Two U.S. Army Soldier Protection Programs
November 1, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--The U.S. Army has selected Ceradyne, Inc., a 3M company, as the awardee for two low-rate initial production (LRIP) contracts for next-generation helmet systems and hard body armor inserts as part of the Integrated Head Protection System (IHPS) and Vital Torso Protection (VTP) – Enhanced Small Arms Protective
Jacobs in Joint Venture for Bruce Highway Upgrade Project in Australia
November 1, 2016
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today its appointment, as a member of the Fulton Hogan Seymour Whyte Joint Venture (FHSW JV), to provide design services for the Bruce Highway Upgrade – Caloundra Road to Sunshine Motorway in Queensland, Australia. The $860 million (USD) project involves upgrading the
KYOCERA Group Consolidates Optical Components Business
November 1, 2016
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced today that it has consolidated its optical components businesses, effective November 1, 2016, by combining two wholly owned subsidiaries: Kyocera Optec Co., Ltd. and recently acquired Melles Griot KK. Kyocera Optec, based in Tokyo with operations dating back to
Cummins Announces Third Quarter 2016 Results
November 1, 2016
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2016. Third quarter revenues of $4.2 billion decreased 9 percent from the same quarter in 2015. Lower truck production in North America and weak international demand for power generation equipment were the most significant drivers of the
October Auto Sales Set to Reach $46 Billion
November 1, 2016
SANTA MONICA, Calif.--(BUSINESS WIRE)--TrueCar, Inc. (NASDAQ: TRUE) projects U.S. revenue from new vehicle sales reached $46 billion for the month of October, down 4.2 percent from a year ago. Despite higher average transaction prices, automakers should post a $2 billion loss in revenue compared to last year due to expectation of lower sales in
Ryder Launches New and Improved Pre-Owned Vehicle Sales Website
November 1, 2016
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced the launch of its new fully responsive, mobile-friendly, pre-owned vehicle sales website, Usedtrucks.Ryder.com. The new site now includes enhanced search tools and innovative new
Oshkosh Corporation Reports Fiscal 2016 Fourth Quarter and Full Year Results
November 1, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK) today reported fiscal 2016 fourth quarter net income of $61.5 million, or $0.82 per diluted share, compared to $50.3 million, or $0.64 per diluted share, in the fourth quarter of fiscal 2015. Comparisons in this news release are to the corresponding period of the
Ford Postpones October U.S. Sales Report
November 1, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Due to a fire at Ford’s World Headquarters today, the company’s U.S. October sales will not be released on Tuesday. The fire at an electrical substation interrupted power to Ford World Headquarters and the adjacent Ford Credit office buildings, as well as to one of the company’s main data centers
World Fuel Services Corporation Completes Acquisition of ExxonMobil On-Airport Fueling Operations in
November 1, 2016
MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) announced today that it has completed the previously announced acquisition of the aviation fueling operations of certain ExxonMobil affiliates (“ExxonMobil”) at 34 airports in Canada and 2 airports in France. World Fuel has also become ExxonMobil’s long-term
Alcoa Corporation Launches as an Independent Industry Leader in Bauxite, Alumina and Aluminum
November 1, 2016
NEW YORK--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced that it has completed the separation from its parent company Alcoa Inc. (now named Arconic Inc.) and has begun operating as an independent, publicly-traded company listed on the New York Stock Exchange under the symbol “AA.” Alcoa Corporation is a globally
Eaton Reports Third Quarter Net Income and Operating Earnings Per Share of $1.15
November 1, 2016
DUBLIN--(BUSINESS WIRE)--Power management company Eaton Corporation plc (NYSE:ETN) today announced that net income and operating earnings per share were $1.15 for the third quarter of 2016. Net income per share in the third quarter of 2016 was up 20 percent over the third quarter of 2015. Operating earnings per share, which exclude $1 million of
Engility Reports Third Quarter 2016 Results
November 1, 2016
CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE: EGL) today announced financial results for the third quarter ended September 30, 2016. CEO Commentary “In the third quarter, we reported solid results and generated record contract awards that drove our year-to-date book-to-bill ratio to 1.4x,” said Lynn Dugle, Chief
Harris Corporation Reports Fiscal 2017 First Quarter Results
November 1, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) reported revenue in the first quarter of fiscal 2017 of $1.75 billion compared with $1.81 billion in the prior year, down 3 percent on a reported basis and 2 percent on an organic basis, excluding prior-year revenue attributable to the divested Aerostructures business. GAAP net income
Arconic Launches as Strong Standalone Company: Global Leader in Multi-Materials Innovation,
November 1, 2016
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE: ARNC) launches today as a global leader in multi-materials innovation, precision engineering and advanced manufacturing, strongly positioned in attractive markets. The Company begins trading today on the New York Stock Exchange (NYSE) under the ticker "ARNC." In 2015, the businesses that today comprise
Concentric AB: Concentric Interim Report January – September 2016
November 1, 2016
SKÅNES FAGERHULT, Sweden--(BUSINESS WIRE)--Regulatory News: Concentric AB (STO:COIC) THIRD QUARTER · Net sales: MSEK 491 (559) – down 7% y-o-y, after adjusting for currency (–5%) · Operating income: MSEK 81 (93), generating an operating margin of 16.5% (16.6) · Earnings after tax: MSEK 59 (66); basic EPS of
Taiwan’s Centrifugal Casting Manufacturer, LAWAI to Challenge the Position of Forging in the
November 1, 2016
TAIPEI, Taiwan--(BUSINESS WIRE)--The high-performance material department of LAWAI Industrial Corporation has found out the mechanical properties of 17-4 PH stainless steel manufactured by centrifugal casting are equivalent to those by forging. According to Patrina Tsai, The VP of LAWAI INDUSTRIAL CORPORATION, the performance of 17-4 PH stainless
Atkore International Announces Fourth Quarter and Fiscal Year 2016 Earnings Release Date and
November 1, 2016
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of Electrical Raceway products primarily for the non-residential construction and renovation markets, today announced that the Company will release its Fourth Quarter and Fiscal Year 2016 results before the market opens on
Archrock Partners to Acquire Compression Assets from Archrock, Inc.
November 1, 2016
HOUSTON--(BUSINESS WIRE)--Archrock, Inc. (NYSE:AROC) and Archrock Partners, L.P. (NASDAQ:APLP) today announced that Archrock Partners has agreed to acquire assets from Archrock, Inc. including customer contracts serving 63 customers together with approximately 270 compressor units used to provide compression services under those contracts, for
Sensorex's New Laboratory pH Sensors 
November 1, 2016
Basic, Advanced and Research-Grade sensors available with a range of customized options 
Introduction of Smart PPE to Drive the PPE Market in the US Through 2020: Technavio
October 31, 2016
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the personal protective equipment (PPE) market in the US is expected to grow at a CAGR of close to 8% during the forecast period. This research report titled ‘PPE Market in the US 2016-2020’ provides an in-depth analysis of the market in terms of
Analog Devices, Inc. to Report Fourth Quarter and Fiscal Year 2016 Financial Results on Tuesday,
October 31, 2016
NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (NASDAQ: ADI) today announced it will release financial results for the fourth quarter and fiscal year 2016 at 8 a.m. eastern time on Tuesday, November 22, 2016. Following the press release, the company will hold a conference call at 10:00 a.m. eastern time, the same day. To participate in the
Cognex Declares Quarterly Cash Dividend
October 31, 2016
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) announced today that the company’s Board of Directors declared a quarterly cash dividend of $0.075 per share. This dividend is payable on December 16, 2016 to all shareholders of record at the close of business on December 2, 2016. About Cognex Corporation Cognex Corporation
Sturm, Ruger & Company, Inc. to Report Third Quarter Results and File Quarterly Report on Form
October 31, 2016
SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE:RGR) will file its Quarterly Report on Form 10-Q on Tuesday, November 1, 2016, after the close of the stock market. On Wednesday, November 2, 2016, Sturm, Ruger will host a webcast at 9:00 a.m. ET to discuss the third quarter operating results. Interested parties can access
Certified Compost Operations Manager (CCOM) Launched; New Website—CertificationsUSCC.org Provides
October 31, 2016
WASHINGTON--(BUSINESS WIRE)--The Certification Commission of the US Composting Council (CC-USCC) formally launched the Certified Compost Operations Manager (CCOM) program today and invited all people who work in composting operations and have at least one training program of three days or more to go to the Certification Commission website at
USG Corporation Completes $670 Million Sale of L&W Supply to ABC Supply
October 31, 2016
CHICAGO--(BUSINESS WIRE)--USG Corporation (“USG”) (NYSE:USG) today completed the sale of its building products distribution business, L&W Supply Corporation (“L&W Supply”), to ABC Supply Co., Inc. (“ABC Supply”) for a total cash consideration of $670 million. The completion of this previously announced
Macy’s, Inc. Has Sold Five Stores to General Growth Properties
October 31, 2016
CINCINNATI--(BUSINESS WIRE)--Macy’s, Inc. (NYSE:M) today announced it has sold five stores to General Growth Properties as part of its previously-announced plan to drive profitable growth by reallocating investments to its highest-growth-potential stores and digital businesses, and to capitalize on opportunities within the company’s
Indian Steel Industry – Market Trends and Forecasts Until 2020: Technavio
October 31, 2016
LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global Indian steel industry market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
Åkers National Roll Issues WARN Notice at Avonmore Facility
October 31, 2016
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) and Union Electric Steel Corporation (“Union Electric Steel”), a wholly owned operating subsidiary of Ampco-Pittsburgh, today announced that Åkers National Roll Company (the “Company”), issued a Worker Adjustment and Retraining Notification (WARN)
Packaging Corporation of America’s Chief Executive Officer to Speak at Vertical Research
October 31, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America’s (NYSE: PKG) Chief Executive Officer, Mark Kowlzan, will speak at Vertical Research Partners’ Global Materials Conference 2016 in New York City on Thursday, November 17th at 8:45 am Eastern time. Following the presentation, there will be a question and answer
John B. Sanfilippo & Son, Inc. First Quarter Diluted EPS Increased by 25.4% to a First Quarter
October 31, 2016
ELGIN, Ill.--(BUSINESS WIRE)--John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced operating results for its first quarter of fiscal 2017. Net income for the first quarter of fiscal 2017 was $10.2 million, or $0.89 per share diluted, compared to $8.0 million, or $0.71 per share diluted, for the first quarter
Amkor Technology Reports Financial Results for the Third Quarter 2016
October 31, 2016
TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2016. "Third quarter results were at the high end of our guidance," said Steve Kelley, Amkor's president and chief executive officer. "We
Ingersoll Rand to Present at Goldman Sachs Industrials Conference 2016
October 31, 2016
SWORDS, Ireland--(BUSINESS WIRE)--Michael W. Lamach, chairman and chief executive officer of Ingersoll Rand (NYSE: IR), and Susan K. Carter, senior vice president and chief financial officer of Ingersoll Rand, will speak at the Goldman Sachs Industrial Conference 2016 in Boston on Wednesday at 10:40 a.m. EST. Ingersoll Rand is a world leader in
Horizon Global to Present at Baird Industrial Conference
October 31, 2016
TROY, Mich.--(BUSINESS WIRE)--Horizon Global (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced that President and Chief Executive Officer A. Mark Zeffiro is scheduled to present at the 46th Annual Baird Industrial Conference in Chicago, Illinois on Thursday, November 10, 2016 at
Terex Announces Third Quarter 2016 Results
October 31, 2016
WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE:TEX) today announced third quarter 2016 income from continuing operations of $33.3 million, or $0.31 per share, on net sales of $1.1 billion. In the third quarter of 2015, the reported income from continuing operations was $30.3 million, or $0.28 per share, on net sales of $1.3 billion.
Cognex Reports Record Net Income and Earnings Per Share from Continuing Operations
October 31, 2016
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the third quarter of 2016. In Table 1 below, selected financial data for the quarter and nine months ended October 2, 2016 is compared to the second quarter of 2016, the third quarter of 2015 and the first nine months of 2015. A
Cognex Acquires Two 3D Vision Companies
October 31, 2016
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) has expanded its 3D vision capabilities with the recent acquisition of two companies specializing in 3D machine vision technology. On October 27, 2016, Cognex acquired EnShape GmbH, a maker of advanced 3D vision sensors and software based in Jena, Germany. EnShape’s 3D
Sterling Construction Company, Inc. Reports 2016 Third Quarter Results
October 31, 2016
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or “the Company”) today announced financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Financial Results Compared to Third Quarter 2015: Revenues grew 16.8% to $205.6 million compared to