Monday, August 20, 2018
All News
Delos Capital Acquires Sage Metals Limited
March 14, 2018
NEW YORK--(BUSINESS WIRE)--Delos Capital (“Delos”), a private equity firm based in New York, announced the acquisition of Sage Metals Limited (“Sage” or the “Company”). Sage is a leading manufacturer of specialty metal products serving the North American electrical, power utility, industrial, and drainage end
Trivest Announces New Leadership to Drive Growth at Aerospace Resource Group
March 14, 2018
MIAMI--(BUSINESS WIRE)--Trivest Partners (“Trivest”) announces it has appointed Candido Sosa as Chief Executive Officer at Aerospace Resource Group, LLC (“ARG” or “the Company”) to drive the next stage of the Company’s growth and development. ARG, a portfolio company of Trivest Growth Investment Fund
ProAmpac Wins 4 Flexible Packaging Association Awards
March 14, 2018
NAPLES, Fla.--(BUSINESS WIRE)--The Flexible Packaging Association presented ProAmpac two gold and two silver annual achievement awards for packages showcasing innovation and advances in packaging. The awards were announced last night at the FPA Welcome Dinner & Flexible Packaging Achievement Awards Ceremony at the Ritz-Carlton Golf Resort here.
PPG Announces Price Increase for Automotive OEM Coatings in the Americas
March 14, 2018
TROY, Mich.--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it is raising prices for select coatings products for Automotive OEM customers in the Americas. The increase will take effect immediately or as customer contracts allow. This price increase helps mitigate rising raw material and operating costs, as recent demand for raw materials
Global Polymer Stabilizer Market - Top Emerging Trends by Technavio
March 14, 2018
LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global polymer stabilizer market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its
Global Polyalkylene Glycol Market - Trends, Drivers, and Challenges | Technavio
March 14, 2018
LONDON--(BUSINESS WIRE)--The global polyalkylene glycol market is expected to grow at a CAGR of above 11% during the period 2018-2022, according to a new market research study by Technavio. The report presents a comprehensive research of the global polyalkylene glycol market by product (polypropylene glycol and polyethylene glycol) and by
Acetaldehyde Global Market Report 2018 Forecast to 2022 - CAGR Expected to Grow at 6.24% -
March 14, 2018
DUBLIN--(BUSINESS WIRE)--The "Acetaldehyde Market by Process, Derivative, Application, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering. The acetaldehyde market is estimated at USD 1.33 billion in 2017 and is expected to reach USD 1.80 billion by 2022, at a CAGR of 6.24% between 2017 and 2022. The
BIO Submits Testimony for Hearing on Recently Expired Tax Credits
March 14, 2018
WASHINGTON--(BUSINESS WIRE)--The Biotechnology Innovation Organization today submitted written testimony to the U.S. House Ways and Means Subcommittee on Tax Policy, for the hearing “Post Tax Reform Evaluation of Recently Expired Tax Provisions.” BIO’s testimony asks the committee to provide a seamless multi-year extension of the
Machine Monitoring Both Challenges and Benefits Shop Culture
March 14, 2018
How does a shop deal with the “Big Brother” feeling that comes from implementing machine tool data collection? Part of the answer is the benefit to employee experience that this data collection will make possible. Watch video from the Top Shops Conference. Blog Post: 2/16/2018 Peter Zelinski Editor-in-Chief, Modern Machine Shop How does
Manufacturing News of Note: February 2018
March 14, 2018
CT scanning for mid-size metal castings, funding secured for an Apprentice Academy in Virginia, and more industry news. Blog Post: 2/10/2018 Jedd Cole Associate Editor, Modern Machine Shop Jesse Garant Metrology Center (Dearborn, Michigan) is announcing the launch of its new high-energy industrial computed tomography (CT) system. The company says
Manufacturing News of Note: December 2017
March 14, 2018
SW North America opens a new facility to strengthen its automotive presence, Walter and Starrag focus on aviation and power turbines, and other manufacturing news. Blog Post: 12/11/2017 Jedd Cole Associate Editor, Modern Machine Shop SW North America Inc., a wholly-owned subsidiary of Germany-based Schwäbische Werkzeugmaschinen GmbH, recently
Grob Goes Big on Universal Machining Centers
March 14, 2018
At an open house in Germany, Grob described its focus on the aerospace market for its line of universal machining centers. Blog Post: 2/13/2018 Barbara Schulz European Correspondent, Gardner Business Media There were smiling faces all around in Mindelheim, Germany, last November 15 when Airbus landed its biggest-ever order with a $49.5 billion deal
CAM Software Helps Shop Five-Axis Machine Aerospace Part
March 14, 2018
A five-axis machine and HyperMill CAM software from Open Mind Technologies gave a shop the ability to meet the tight tolerances required for the camera-mounting brackets on a NASA satellite mission. Blog Post: 2/17/2018 Edited by Julia Hider Assistant Editor, Modern Machine Shop Critical parts require tight tolerances, and these tolerances often
Ampco-Pittsburgh Corporation Announces Fourth Quarter 2017 Results
March 14, 2018
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported sales for the three and twelve months ended December 31, 2017, of $114.4 million and $432.4 million, respectively, compared to $92.1 million and $331.9 million, respectively, for the three and twelve months ended December 31, 2016. The current year periods include
Rockwell Automation to Present at Bank of America Merrill Lynch Conference
March 14, 2018
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) Senior Vice President and Chief Financial Officer, Patrick Goris, will present at the Bank of America Merrill Lynch Global Industrials Conference on Wednesday, March 21, 2018 in London. The session will be webcast beginning at approximately 11:25am GMT and will be available on the
International Launch Services (ILS) Secures Additional Launch Orders for Proton Medium Vehicle
March 14, 2018
WASHINGTON--(BUSINESS WIRE)--ILS, a leading provider of commercial launch services, announced multiple launch assignments for Proton Medium launches that will include the use of both the 4.35 meter and the new 5.2 meter payload fairing. The missions will take place beginning in late 2019 from Pad 24 at the Baikonur Cosmodrome in Kazakhstan. The
CORRECTING and REPLACING AstroNova Reports Record Bookings, Revenue and Backlog for the Fiscal 2018
March 14, 2018
CORRECTION...by AstroNova, Inc. WEST WARWICK, R.I.--(BUSINESS WIRE)--In the "Recent Highlights" section, the first bullet point should read: The Board of Directors declared a quarterly cash dividend of $0.07 per share payable March 30, 2018 to shareholders of record as of March 22, 2018 (instead of March 12, 2018). The corrected release
VF Corporation Announces Definitive Agreement to Acquire Altra®, an Athletic and
March 14, 2018
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, and ICON Health & Fitness, Inc., a world leader in home, commercial and connected fitness, today announced that they have signed a definitive purchase agreement for the Altra® footwear brand. Terms of the
MOGAS Announces New VP Operations and Director of QHSE
March 14, 2018
HOUSTON--(BUSINESS WIRE)--MOGAS Industries, Inc. (MOGAS) announced today the appointment of Jose Osuna as vice president of operations, who will assume duties and responsibilities previously performed by the vice president of manufacturing, Sam Furman, who will retire after an advisory transition period. In this senior leadership position, Mr.
AdvanSix Provides Update on Its Hopewell, Virginia Site
March 14, 2018
PARSIPPANY, N.J.--(BUSINESS WIRE)--Further to the Company’s March 13 press release, AdvanSix (NYSE: ASIX) said that federal and state authorities entered its Hopewell, Va. site and executed a search warrant and separately served a subpoena. While the Company is still working to determine the reason and nature of yesterday’s actions,
AstroNova Reports Record Bookings, Revenue and Backlog for the Fiscal 2018 Fourth Quarter and Full
March 14, 2018
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today reported financial results for the fiscal 2018 fourth quarter and year ended January 31, 2018. “We concluded a solid year with a strong performance in the fourth quarter, generating record revenue and bookings,”
The 3-to-7-Minute Color Change—Step 3: Color Planning
March 14, 2018
It is important to understand what to expect when changing from one color to another; here’s a method to analyze what steps must be taken from a cleaning standpoint. It is important to understand what to expect when changing from one color to another; here’s a method to analyze what steps must be taken from a cleaning standpoint. Think
Remember the Cardin Javelin?
March 14, 2018
Blog Post: 3/14/2018 Gary S. Vasilash Editor-in-Chief, Gardner Business Media, Inc. Back in the early 1970s you could get a Pierre Cardin edition of an AMC Javelin. In the late 1970s Lincoln offered the “Designer” Edition variants of the Mark V, which let you choose from versions by Bill Blass, Cartier, Givenchy, and Pucci. Fast
Milling Splines Increases Quality, Enhances Versatility
March 14, 2018
Instead of using a hobbing machine to generate splines in PTO shafts, Weasler Engineering milled them with modified Ingersoll cutters to improve both the flexibility of its machining operation and its part quality. Blog Post: 3/14/2018 Edited by Eli Plaskett Assistant Editor, Modern Machine Shop Although Weasler Engineering has found success
Main Wheel & Brake STC Kit Now Available for Pilatus PC-7 Mk1 Aircraft
March 14, 2018
AVON, Ohio--(BUSINESS WIRE)--The Parker Aerospace Aircraft Wheel & Brake Division, part of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the receipt of an FAA-approved supplemental type certificate (STC) for the main wheels and brakes on the Pilatus PC-7 Mk1 aircraft. The new
Cutting Through Machining Challenges in 15-5 PH Stainless Steel
March 14, 2018
Carbide cutting tool manufacturer Tungaloy America recently partnered with machine tool supplier Toyoda Americas to showcase its latest offerings designed for accelerated machining of precipitation hardness stainless steel. Carbide cutting tool manufacturer Tungaloy America Inc. recently partnered with machine tool supplier Toyoda
Toyoda Gosei Establishes New Plant in Japan to Produce High Pressure Hydrogen Tanks for FCVs
March 14, 2018
KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. has established a new plant in the city of Inabe, Mie Prefecture, Japan to produce high pressure hydrogen tanks, a crucial component of fuel cell vehicles (FCVs). Preparations for the start of production are currently underway. Production capacity at the new plant for these tanks will be built
Cutting Through Machining Challenges in 15-5 PH Stainless Steel
March 14, 2018
Carbide cutting tool manufacturer Tungaloy America recently partnered with machine tool supplier Toyoda Americas to showcase its latest offerings designed for accelerated machining of precipitation hardness stainless steel. Carbide cutting tool manufacturer Tungaloy America Inc. recently partnered with machine tool supplier Toyoda
Flat Centering Unit Enables High-Precision Centering of Inserts
March 14, 2018
Meusburger designed its E 1307 centering installs with minimum space, providing inserts with maximum space utilization within the insert. New Product Post: 3/14/2018 Edited by Karen Cornelissen Managing Editor, Gardner Business Media Meusburger e13070 and E13076 centering unit. The new E 1307 fine centering unit from Meusburger is flat and
Sinamics S210 Servodrive System Simplifies Motion Control
March 14, 2018
Siemens’ Sinamics S210 converter servodrive system is designed for use with the Simotics S-1FK2 motors and the converters come with integrated safety functions that enable engineering via motion technology objects in Simatic S7-1500 controllers.  New Product Post: 3/14/2018 Edited by Bart Bishop Assistant Editor, Production
Flat Centering Unit Enables High-Precision Centering of Inserts
March 14, 2018
The new E 1307 fine centering unit from Meusburger is flat and features minimal installation space. This provides for the maximum use of space within the insert. The DLC coated centering elements are available with or without fixing holes, which enables maximum flexibility during design and reduces the wear to a
Orderfox Adds Global Event Calendar to Its Platform
March 14, 2018
Orderfox.com has added a new feature to its platform: a free global event calendar. This unique feature provides information on trade shows and events, both locally and globally. In the initial launch, Orderfox.com added stand-out trade shows and events that are key to various global markets. This is not a complete list of all shows and events
New Solder Paste Jetting System from Nordson EFD Provides Fast, Repeatable Non-Contact Dispensing
March 14, 2018
EAST PROVIDENCE, R.I.--(BUSINESS WIRE)--Nordson EFD, a Nordson company (NASDAQ: NDSN) and the world’s leading precision fluid dispensing systems manufacturer, introduces the new Liquidyn® P-Jet SolderPlus® jet valve and solder paste system. This non-contact jetting system is designed specifically to jet Nordson EFD SolderPlus
AdvanSix Issues Statement Regarding Its Hopewell, Virginia Site
March 14, 2018
PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE:ASIX) said today that federal and state authorities were at its Hopewell, Va. site to execute a search warrant. The Company is cooperating fully with law enforcement. Plant production across the Company’s sites was not affected by today’s events and the Company expects to continue safely
Manufacturing Process Industries Capitalize on Digital Supply Networks
March 14, 2018
Cost-efficient computing power and sensor technology is seeing rapid integration across manufacturing process industries.
Latest Manufacturing Technology Report Show Strong Sales
March 14, 2018
Manufacturing technology orders generally decline in January. However, the decline this year wasn't much comparatively.
Prices Decline, Innovation Soars in 3D Printers
March 14, 2018
But some cautions remain when purchasing one. 
Siemens Donates Cash, Equipment, and Software for New Lawrence Tech Lab
March 13, 2018
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Siemens Corp., the United States subsidiary of the German industrial automation giant Siemens AG, has given $75,000 in cash, hardware and software to Lawrence Technological University. The university will use the donation to equip a new laboratory for its industrial engineering programs. The donation will take
The Toro Company to Webcast 2018 Annual Meeting of Shareholders
March 13, 2018
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that it will webcast its 2018 Annual Meeting of Shareholders to be held on Tuesday, March 20, 2018, at 1:30 p.m. (CDT). A live, listen-only webcast of the meeting will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in
DMX Joins Hyperledger to Accelerate Business Blockchain
March 13, 2018
GUAYNABO, Puerto Rico--(BUSINESS WIRE)--Dealer Market Exchange PR LLC (DMX) has officially become a Silver Member of The Linux Foundation after becoming a general member of Hyperledger; announced in January. Co-Founder and CEO Jason Bennick said, “Hyperledger truly provides a broad vision for open blockchain technologies and standards across
Orbital ATK Introduces Next Generation of In-Orbit Satellite Servicing Technology
March 13, 2018
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, today announced its plan for the company’s next generation of satellite life extension and in-space servicing products. During a keynote address at the SATELLITE 2018 Conference and Exhibition in Washington, D.C., Orbital ATK President
Key Findings of the Global High-temperature Filters Market | Technavio
March 13, 2018
LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global high-temperature filters market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its
ESI Customer Hwaseung R&A Manages Product Reliability while Cutting Development Time and Costs
March 13, 2018
PARIS--(BUSINESS WIRE)--ESI Group (Paris:ESI), leading innovator in Virtual Prototyping software and services for manufacturing industries, announces the successful application of virtual prototyping by Hwaseung R&A, Korean automotive supplier specialized in high & low pressure hoses and weather strips. Using the automation of trunk joint
Siemens Hosts 2018 SCADA/IPS Days
March 13, 2018
Siemens Factory Automation hosted this year’s SCADA/IPC Days February 19-22, 2018 in San Antonio, Texas. Approximately 130 attendees gathered for product presentations, emerging technology discussions and a market trend outlook. Members of the company’s management, sales and support team joined solution partners
China Linear Low Density Polyethylene (LLDPE) Markets Report 2018: Historical Data (2007, 2012 and
March 13, 2018
DUBLIN--(BUSINESS WIRE)--The "Linear Low Density Polyethylene (LLDPE) Markets in China" report has been added to ResearchAndMarkets.com's offering. China's demand for Linear Low Density Polyethylene (LLDPE) has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy
China Chloroprene Rubber (CR) Markets Report 2018 - ResearchAndMarkets.com
March 13, 2018
DUBLIN--(BUSINESS WIRE)--The "Chloroprene Rubber (CR) Markets in China" report has been added to ResearchAndMarkets.com's offering. China's demand for Chloroprene Rubber (CR) has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has
DowDuPont to Participate in J.P. Morgan Aviation, Transportation and Industrials Conference 2018
March 13, 2018
MIDLAND, Mich.--(BUSINESS WIRE)--Howard Ungerleider, Chief Financial Officer, DowDuPont (NYSE: DWDP), will participate in a fireside chat at J.P. Morgan’s 2018 Aviation, Transportation and Industrials Conference on March 15 at 8:00 a.m. ET. DowDuPont invites investors to join the live webcast of the fireside chat through its website. A replay
Macquarie Infrastructure Corporation Announces Conversion Ratio Adjustment to Convertible Notes Due
March 13, 2018
NEW YORK--(BUSINESS WIRE)--MIC (Macquarie Infrastructure Corporation) (NYSE: MIC) announced an adjustment to the conversion ratio applicable to its 2.875% Convertible Senior Notes due 2019. The conversion ratio for the Notes increased to 12.4912 shares of common stock per $1,000 principal amount effective March 5, 2018. This adjustment reflects the
China Low Density Polyethylene (LDPE) Markets Report 2018 - ResearchAndMarkets.com
March 13, 2018
DUBLIN--(BUSINESS WIRE)--The "Low Density Polyethylene (LDPE) Markets in China" report has been added to ResearchAndMarkets.com's offering. China's demand for Low Density Polyethylene (LDPE) has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed
Badger Meter Announces First Quarter Conference Call
March 13, 2018
MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced it will hold a conference call to discuss the company’s 2018 first quarter results on Wednesday, April 18, 2018, at 10:00 AM Central/11:00 AM Eastern time. Interested parties can listen to the call live on the Internet through the company’s website: