Monday, December 10, 2018
All News
IronDirect Launches New Sales Partner Program
October 24, 2016
ASHEVILLE, N.C.--(BUSINESS WIRE)--IronDirect®, an American company that offers a convenient online platform (IronDirect.com) for construction equipment buyers to access the machines, attachments, parts and services needed to reduce ownership costs and maximize uptime, announced today that it has launched a new sales partner program to expand
OriginGPS Elevates Drone Navigation with Streamlined Module+Software Integration
October 24, 2016
AIRPORT CITY, Israel--(BUSINESS WIRE)--OriginGPS, one of the leading manufacturers of miniature Global Navigation Satellite System (GNSS) modules, announced today the launch of three new products built on the flash-based SiRFstar V from Qualcomm Technologies, Inc. This latest trio of modules is now boasting key drone features like low-latency
CyberOptics Third Quarter 2016 Earnings Conference Call Scheduled for October 25
October 24, 2016
MINNEAPOLIS--(BUSINESS WIRE)--CyberOptics Corporation (Nasdaq: CYBE) will hold its conference call to review operating results for the third quarter of 2016 on Tuesday, October 25 at 4:30 PM Eastern. The third quarter earnings release will be issued prior to the call. Investors can access the live call by dialing toll-free 888-438-5535 prior to the
Express Logic Enhances IoT Networking Safety and Security
October 24, 2016
SAN DIEGO--(BUSINESS WIRE)--Express Logic, Inc., the worldwide leader in royalty-free, real-time operating systems (RTOS) with more than 5.4 billion deployments, today announced NetX Secure socket layer security for its high-performance NetX Duo™ IPV4/IPV6 TCP/IP network stack. NetX Secure uses Transport Layer Security Protocol (TLS) to
Express Logic’s NetX Duo™ TCP/IP Stack Certified For Use in Safety-Critical IoT Systems
October 24, 2016
SAN DIEGO--(BUSINESS WIRE)--Express Logic, Inc., the worldwide leader in royalty-free, real-time operating systems (RTOS), today announced that its high-performance NetX Duo™ TCP/IP stack is the first commercial embedded TCP/IP stack to be certified by SGS-TÜV Saar for embedded development in safety-critical systems. NetX Duo already
Axalta Launches New Self-bonding Electrical Steel Coating
October 24, 2016
BASEL, Switzerland--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has developed a new one-component self-bonding electrical steel varnish called Voltatex® 1175W-1K. The new varnish offers longer shelf life and significantly improved handling with the same technical
Meggitt Secures Contract from ATR for Next-Generation Monitoring
October 24, 2016
CHRISTCHURCH, England--(BUSINESS WIRE)--Meggitt PLC, a leading international group specialising in high-performance components and sub-systems for aerospace, defence and energy markets, has been awarded a contract from ATR, the world’s leading regional aircraft manufacturer, for Meggitt’s proprietary on-board propeller-balancing system.
Donaldson to Present at Gabelli Annual Automotive Aftermarket Symposium
October 24, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced that Tod Carpenter, president and CEO, will present at the Gabelli Annual Automotive Aftermarket Symposium in Las Vegas, NV, at approximately 9:30 a.m. PDT (11:30 a.m. CDT) on November 1, 2016.   WEBCAST: To listen to a live webcast of the presentation, visit the
Harris Corporation Receives $55 Million Contract to Sustain US Air Force Electronic Warfare
October 24, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) has received a four-year, $55 million contract to perform sustainment work on the electronic warfare system used by the U.S. Air Force to protect B-52s and C-130s from radar-guided threats. The contract was received during the first quarter of Harris' fiscal 2017. Harris will redesign
New High-Performance Refrigerators and Freezers Designed to Meet the Demands of Laboratory and
October 24, 2016
ORLANDO, Fla.--(BUSINESS WIRE)--AABB 2016 – A new series of high-performance refrigerators and freezers has been developed to support sustainability objectives by lowering energy usage and reducing noise output levels across blood banking, pharmacy, clinical and scientific applications, while ensuring optimal sample protection. The new Thermo
BizWireTV Accelerator Report: AltSchool Looks to Reinvent Education and a Crowdfunding Campaign to
October 24, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV Accelerator Report, AltSchool enters the next phase of its mission: to enable all children to reach their full potential by announcing the availability of a new personalization platform to schools nationwide in 2017. Now you can watch BizWireTV on any screen you want by downloading the new app
Westinghouse & KHNP Sign MOU to Promote Bilateral Technological Exchange
October 24, 2016
SEOUL, Korea--(BUSINESS WIRE)--Today, Westinghouse Electric Company and Korea Hydro & Nuclear Co. Ltd. signed a memorandum of understanding (MOU) to form a technological exchange committee to promote a discussion and exchange of engineering capabilities between both organizations. The bilateral MOU will fully engage the partners’
USACE Awards Tetra Tech $400 Million Environmental Remediation Contract
October 24, 2016
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK) announced today that they were one of seven contractors selected by the U.S. Army Corps of Engineers (USACE), Engineering and Support Center, Huntsville, for a multiple-award contract valued at $400 million. Under this five-year contract, Tetra Tech will provide comprehensive
Coveris to Host Management Call to Discuss Third Quarter 2016 Results
October 24, 2016
CHICAGO--(BUSINESS WIRE)--Coveris Holdings SA management expects to host a conference call to discuss its third quarter 2016 financial results on Tuesday, November 8 at 10:00 am, Eastern. The results will be published on or before this date. The conference call number is 877-407-8031 (domestic) or 201-689-8031 (international). A replay of the call
CleanCore™ Technologies, LLC Announces its Aqueous Ozone Cleaning Solution is now Green Seal
October 24, 2016
OMAHA, Neb.--(BUSINESS WIRE)--CleanCore Technologies LLC, which is emerging as one of the leading manufacturers of aqueous ozone cleaning systems in North America, announces that the solution generated from its two key products—the CleanCore CCT-Caddy and the CleanCore CCT 3.0 Fill Station—has been certified by Green Seal, one of the
Emerson Targets $1 Trillion in Industry Losses with Operational Certainty™ Program
October 24, 2016
AUSTIN, Texas--(BUSINESS WIRE)--As the oil and gas, petrochemical, refining and other manufacturing companies face mounting pressure to achieve improved financial results, Emerson (NYSE: EMR) today launched Operational Certainty™, a technology and engineering-based program designed to help industrial companies achieve top performance and
Ferro Announces New Directors and Management Appointments
October 24, 2016
CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE) today announced the appointment to its Board of Directors of two individuals with extensive experience growing specialty chemical and materials businesses, as well as the appointment of new leaders for its Corporate Development and Investor Relations functions. Elected Directors Andrew M.
Trinseo Announces Capacity Expansion for Solution-Styrene Butadiene Rubber
October 24, 2016
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that it will expand capacity for Solution-Styrene Butadiene Rubber (S-SBR). This increased investment is a direct response to rising customer demand for this critical
Accuride Mails Letter to Shareholders Highlighting the Significant Benefits of the Crestview
October 24, 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 that it is mailing a letter to shareholders in connection with the Company’s Special Meeting
RigNet and MODEC Sign Agreement to Deliver Fiber-equivalent O3b Satellite Connectivity to Offshore
October 24, 2016
ST. HELIER, Jersey--(BUSINESS WIRE)--O3b Networks, technology solutions company RigNet and floating production service provider MODEC, are pleased to announce an agreement to provide high-throughput, low latency connectivity for MODEC’s Floating Production Storage and Offloading (FPSO) vessels off the coast of Brazil. FPSOs today have become
L-3 to Supply Joint Common Remote Viewing Terminal to U.K. Ministry of Defence
October 24, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that it has been awarded a contract to provide its ROVER™ family of products in support of a major new communications program for the United Kingdom Ministry of Defence (MOD). The Joint Common Remote Viewing Terminal (JCRVT) will use L-3’s Tactical Network ROVER
Virgin Australia Charges Up with BAE Systems’ IntelliCabin In-Seat Power
October 24, 2016
ENDICOTT, N.Y.--(BUSINESS WIRE)--BAE Systems today announced it is bringing the IntelliCabin® In-Seat Power solution to Virgin Australia’s Boeing 737-800 aircraft. The system makes 110vAC and USB charging capability available to every seat on the aircraft by delivering versatile power solutions to passengers with a smaller in-seat
Bostik, World-Class Adhesives Leader, Selects PROS to Provide Customers with Personalized Buying
October 24, 2016
HOUSTON & MILWAUKEE--(BUSINESS WIRE)--PROS (NYSE: PRO), the revenue and profit realization company, today announced that Bostik, a leading global adhesives specialist for construction, consumer and industrial manufacturing markets, has selected PROS Smart CPQ. Bostik will automate and simplify the configuration, pricing and quoting process for
Sandvik: Interim Report Third Quarter 2016
October 24, 2016
SANDVIKEN, Sweden--(BUSINESS WIRE)--Regulatory News: Sandvik: (STO:SAND) Third Quarter 2016 Continuing operations · Order intake 19,700 million SEK · Revenues 19,715 million SEK · Operating profit 2,623 million SEK · Operating margin 13.3% · Profit after financial items 2,223 million SEK · Earnings per
3M’s Marlene McGrath Selected as NAFE’s 2016 Global Women’s Envoy
October 24, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--There’s an art to great leadership. If you combine the skills of listening, empowerment and experience, and enable them in the right person, you can create an effective force for change. 3M is fortunate to have a strong champion for women’s leadership and advancement in Senior Vice President of Human
Rayonier Advanced Materials Announces Fourth Quarter 2016 Dividends
October 24, 2016
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $0.07 per share of Common Stock of the corporation. The dividend is payable on December 30, 2016 to stockholders of record on December 16, 2016. The Company also
Guardian of the Amazon Receives the Volvo Environment Prize
October 24, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Volvo (STO:VOLVA) (STO:VOLVB) Brazilian scientist Professor Carlos Nobre is the Volvo Environment Prize laureate for 2016. He gains the award for his pioneering efforts in the understanding and protection of the Amazon, one of the Earth´s most important ecosystems. The Amazon rainforests are among the
Mechanical Technology Secures $2.74 Million Investment from Brookstone Partners to Support Future
October 24, 2016
ALBANY, N.Y.--(BUSINESS WIRE)--Mechanical Technology, Incorporated (MTI or the Company), (OTCQB: MKTY), a company engaged, through its subsidiary MTI Instruments, Inc., in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration measurement and
Eagle Materials Reports Second Quarter EPS up 112% on Record Revenues
October 24, 2016
DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for the second quarter of fiscal 2017 ended September 30, 2016. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior year’s second quarter): Company Second Quarter Results Record revenues of $332.7 million,
Gallium Demand to Rise Rapidly through 2020, States Merchant Research & Consulting in Its Report
October 24, 2016
LONDON--(BUSINESS WIRE)--The demand for gallium is set to rise at a rapid pace to 2020 as general illumination shifts away from incandescent-filament and fluorescent lamps to LEDs (light-emitting diodes). In spite of this, the market sees oversupply, with the situation expected to remain so. Between 2010 and 2013 Chinese capacity for production of
VF Reports Third Quarter 2016 Results
October 24, 2016
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) today reported financial results for its third quarter ended October 1, 2016. All per share amounts are presented on a diluted basis. This release refers to “reported” and “currency neutral” amounts, terms that are described under the “Currency Neutral
Ryder Recognized as Finalist for the Fourth Annual Texas Oil & Gas Awards
October 24, 2016
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it has been named a finalist in the Fourth Annual Texas Oil & Gas Awards, an industry initiative to recognize organizations that are leaders in their fields. Ryder has been
Enamine and FCH Group Collaborate to Extend Compound Library Synthesis Program
October 24, 2016
KIEV, Ukraine--(BUSINESS WIRE)--Enamine Ltd., a chemical company, producer of building blocks and screening libraries, announced today that it has signed a collaboration agreement with small molecule design house FCH Group Ltd (FCH). Under the terms of the agreement, Enamine will supply FCH with non-exclusive reagents, intermediates and chemical
Husqvarna AB: Husqvarna Group and BMZ in Strategic Partnership for Future Battery Development
October 24, 2016
STOCKHOLM--(BUSINESS WIRE)--Husqvarna Group (STO:HUSQB) and BMZ GmbH, a system provider and specialist for intelligent battery solutions, has entered into a Strategic Partnership agreement. The agreement covers development and manufacturing of future generation lithium-ion batteries for Husqvarna Group’s forestry, lawn and garden products. In
HEXPOL: Melker Schörling will resign from his position as chairman of the Board in the spring of
October 24, 2016
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: With reference to today's press release from Melker Schörling AB (publ.) HEXPOL want to inform that Melker Schörling will, at the AGM on April 28, 2017, resign from his position as chairman of the Board in HEXPOL AB (publ.). The Nomination Committee will come back with proposal of new
Gunnebo Interim Report January-September 2016
October 24, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Comments on the third quarter by Gunnebo’s (STO:GUNN) President and CEO, Henrik Lange For the third quarter we report sales of MSEK 1,448 and an operating margin of 7.3%. In addition we have simplified our organisation by integrating production into the relevant product group, and
Melker Schörling will resign as Chairman of Hexagon AB as of the AGM 2017
October 24, 2016
NACKA STRAND, Sweden--(BUSINESS WIRE)--Regulatory News: In light of health issues, Melker Schörling has decided to resign as Chairman of Hexagon AB (STO:HEXAB) as of the Annual General Meeting 2017. The Nomination Committee will propose a successor in conjunction with the notice of the AGM 2017. For more details, please see the press release
Upgraded Honeywell AreaRAE Plus Multi-Threat Monitor
October 24, 2016
Honeywell's AreaRAE Plus multi-threat monitor has been upgraded to include more sensor choices, meteorological monitoring and GPS-enabled location identification of hazards. 
Ducon Sees Increased Activity in India’s FGD Market
October 23, 2016
THANE, India--(BUSINESS WIRE)--(BSE:534674, NSE: DUCON) - Ducon Technologies (I) Pvt. Ltd. (“DTIPL”) announced today that the Company is experiencing increased proposal activity in its Flue Gas Desulfurization (FGD) systems market in India. Aron Govil, Chairman of the Company cited several reasons for this increased activity: (i)
Orbital ATK’s Cygnus Spacecraft Completes Rendezvous and Berthing with International Space Station
October 23, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense technologies, today announced that the S.S. Alan Poindexter CygnusTM spacecraft successfully completed its rendezvous and berthing procedures with the International Space Station earlier today. This marks the company’s sixth successful berthing
B/E Aerospace Third Quarter Results Exceed Expectations; Organic Revenue Growth of 8%; Strong Third
October 23, 2016
WELLINGTON, Fla.--(BUSINESS WIRE)--B/E Aerospace, Inc. (the “Company”) (NASDAQ: BEAV), the world’s leading manufacturer of aircraft cabin interior products, today announced its third quarter 2016 financial results and raised its full year guidance for 2016. On a consolidated GAAP basis, third quarter 2016 revenue organic growth
Rockwell Collins Reports Fourth Quarter Fiscal Year 2016 Results and Provides Fiscal Year 2017
October 23, 2016
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Rockwell Collins, Inc. (NYSE:COL) today reported fourth quarter fiscal year 2016 earnings per share from continuing operations increased 14% to $1.58, compared to $1.38 in the prior year. Total sales for the fourth quarter of fiscal year 2016 were $1.45 billion, a 4% increase from the same period in fiscal year
Rockwell Collins to Acquire B/E Aerospace for $8.3 Billion in Total Consideration
October 23, 2016
CEDAR RAPIDS, Iowa & WELLINGTON, Fla.--(BUSINESS WIRE)--Rockwell Collins (NYSE: COL), a global leader in high-integrity solutions for aerospace and defense, and B/E Aerospace (NASDAQ: BEAV), the world’s leading manufacturer of aircraft cabin interior products, today announced that they have entered into a definitive agreement under which
Precision-Geared Products Market to Recover in 2016 After Slowdown
October 23, 2016
Despite the slowdown in 2015, the total market for precision-geared products is estimated to have been worth more than $1.9 billion in revenues in 2015.
Philips Lighting Commemorates Big River Crossing Grand Opening with New Connected Lighting System
October 22, 2016
SOMERSET, N.J.--(BUSINESS WIRE)--Philips Lighting (Euronext Amsterdam ticker:LIGHT), a global leader in lighting, today announced a state-of-the-art connected LED lighting system to be unveiled on the Big River Crossing as the finale of its grand opening celebration on October 22, 2016. Spanning nearly one mile in length, Big River Crossing will be
Richline Group Has Acquired Silpada Designs
October 21, 2016
NEW YORK--(BUSINESS WIRE)--Richline Group, Inc., a wholly owned subsidiary of Berkshire Hathaway, announced today that it has acquired select assets of Silpada Designs, including the “Silpada” brand name, its jewelry designs and all sterling silver and fashion jewelry inventory. Terms of the transaction were not disclosed. From its
Terex Corporation Announces Third Quarter 2016 Financial Results Conference Call
October 21, 2016
WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its third quarter 2016 financial results on Tuesday, November 1, 2016 at 8:00 a.m. ET. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior to the call. A
Fitch Rates Harsco Corporation's New Credit Facilities 'BB+/RR1'
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an expected rating of 'BB+/RR1' to Harsco Corporation's (Harsco) planned $550 million, seven-year senior secured term loan B facility. Fitch has also affirmed its rating of 'BB+/RR1' on Harsco's senior secured revolver, which is expected to be upsized from $350 million to $400 million with a
Fitch Upgrades Usiminas' IDRs to 'CCC'
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded Usinas Siderurgicas de Minas Gerais S.A.'s (Usiminas) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'CCC' from 'RD' and its National Scale rating to 'CCC(bra)' from 'RD(bra)'. At the same time, Fitch has upgraded Usiminas' senior unsecured notes to 'CCC/RR4' from
Littelfuse Board of Directors Authorizes Regular Quarterly Dividend Payment
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., (NASDAQ:LFUS) today announced that its board of directors declared a dividend on the company's common stock of $0.33 per share for the fourth quarter of 2016. The dividend will be paid on December 8, 2016 to shareholders of record as of November 23, 2016. About Littelfuse Founded in 1927, Littelfuse is