Friday, February 22, 2019
All News
Rockwell Automation Acquires MAVERICK Technologies
October 3, 2016
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) has acquired leading systems integrator MAVERICK Technologies to expand domain knowledge and help deliver innovative control and information solutions to customers in industries such as chemical, food and beverage, and oil and gas. The acquisition significantly strengthens Rockwell
Kulicke & Soffa Appoints Fusen Chen as President and CEO
October 3, 2016
SINGAPORE--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”), announced today that it has named Fusen Chen as President and Chief Executive Officer (“CEO”) effective October 31, 2016. He was also elected to the Board of Directors of
FANUC America Awards Robot and Scholarship to Center Line High School
October 3, 2016
ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--FANUC America, the leading supplier of robots, CNCs and factory automation will present a robot and scholarship to the winners of their Advanced Automation Challenge at Center Line High School on Monday, Oct. 3 at noon. The student winners, Regina and Genevieve Dominick won first place in FANUC’s
Silicon Labs Acquires Leading RTOS Company Micrium
October 3, 2016
AUSTIN, Texas--(BUSINESS WIRE)--Silicon Labs (NASDAQ: SLAB) today announced the acquisition of Micrium, a leading supplier of real-time operating system (RTOS) software for the Internet of Things (IoT). This strategic acquisition helps simplify IoT design for all developers by combining a leading, commercial-grade embedded RTOS with Silicon
Analog Devices’ MEMS Accelerometers Enable Early Detection of Structural Defects
October 3, 2016
NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (ADI) today announced three-axis, MEMS accelerometers that perform high resolution vibration measurement with very low noise to enable the early detection of structural defects via wireless sensor networks. The low power consumption of the new ADXL354 and ADXL355 accelerometers lengthens battery
Emerson Announces Agreement to Acquire UK-based Permasense Limited
October 3, 2016
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced it has agreed to acquire UK-based Permasense Limited, a leading provider of non-intrusive corrosion monitoring technologies for the offshore and onshore oil production, refining, chemical, power, pipelines, metals and mining and other industries. Permasense® monitoring systems use
Trinseo introduces breakthrough technology for lightweight semi-structural auto applications
October 3, 2016
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE:TSE), the global materials company and manufacturer of plastics, latex binders and synthetic rubber, today debuted its 85% Long Glass Fiber (LGF) Polypropylene (PP) concentrate product family for automotive semi-structural applications. These breakthrough products were introduced at the Society of
Oshkosh Defense Showcases Vehicles with Next Generation Lethality, Networking and Off-Road Mobility
October 3, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, will showcase its Joint Light Tactical Vehicle (JLTV) and MRAP All-Terrain Vehicle (M-ATV) with fully integrated, next generation lethality and networking capabilities at the AUSA Conference 2016. The vehicles will be on display at the Walter E.
PPG Completes Sale of European Fiber Glass Operations to Nippon Electric Glass
October 3, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has completed the sale of its European fiber glass operations to glass manufacturer Nippon Electric Glass Co. Ltd. (NEG). Financial terms were not disclosed. Manufacturing facilities in Hoogezand, Netherlands, and Wigan, England, and a research-and-development facility in Hoogezand
CACI Awarded $22 Million Prime Contract to Continue Communication Integration Support for U.S.
October 3, 2016
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE MKT: CACI) announced today that it has been awarded a $22 million prime contract to continue supporting the U.S. Central Command (CENTCOM) Central Command Communication Integration (CCCI) organization. This five-year award represents continuing business for CACI. With national and
AdvanSix Launches as Independent Company, Begins Trading on New York Stock Exchange
October 3, 2016
MORRIS PLAINS, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE:ASIX), a leading producer and global supplier of Nylon 6 materials, today marks its first day as an independent company following its successful tax-free spin-off from Honeywell. Shares in the company begin regular-way trading today on the New York Stock Exchange under the ticker symbol
The Biopesticide Company Certis USA Introduces Carb-O-Nator™ Foliar Fungicide for Crops and
October 3, 2016
COLUMBIA, Md.--(BUSINESS WIRE)--The biopesticide company, Certis USA, introduces Carb-O-Nator™, a broad spectrum foliar fungicide that works on contact to control powdery mildew, Alternaria, Anthracnose, Botrytis, Septoria leaf spot and other diseases. Carb-O-Nator is registered for use on agricultural crops, terrestrial and ornamental,
New Features, Functionality for Peterbilt’s SmartLINQ Maximize Uptime
October 3, 2016
DENTON, Texas--(BUSINESS WIRE)--Peterbilt Motors Company introduced new technology enhancements to its SmartLINQ remote diagnostics platform, as well as expanded availability to all Class 8 truck engines, during the ATA Management Conference & Exhibition in Las Vegas. “Peterbilt’s SmartLINQ is providing our customers with greater
Peterbilt Offers Enhanced PACCAR MX Engines
October 3, 2016
DENTON, Texas--(BUSINESS WIRE)--Peterbilt trucks powered by a 2017 PACCAR MX engine will provide customers new horsepower and torque ratings, higher performance and lower cost of ownership, Peterbilt Motors Company announced during the ATA Management Conference & Exhibition in Las Vegas. “Peterbilt trucks and PACCAR MX engines are
Peterbilt Model 579 EPIQ’s Superior Fuel Efficiency Now Available in Day Cab Configurations
October 3, 2016
DENTON, Texas--(BUSINESS WIRE)--Based on the success of the aerodynamic Model 579 EPIQ sleeper truck, Peterbilt has introduced the aerodynamic, fuel efficient Model 579 EPIQ day cab, Peterbilt Motors Company announced during the ATA Management Conference & Exhibition in Las Vegas. “Fleets wanting to operate fuel-efficient day cabs have
Milrem and QinetiQ North America Launch Titan: The First Fully Modular, Hybrid Military UGV for
October 3, 2016
WASHINGTON--(BUSINESS WIRE)--Milrem and QinetiQ North America (QNA) today launched Titan, the first fully modular, hybrid unmanned ground vehicle (UGV) that complies with the initial requirements put forth in the U.S. Army’s Squad Multipurpose Equipment Transport (SMET) Initiative. Milrem and QinetiQ partnered to create a breakthrough UGV
New PACCAR Drive Axle Standard for Peterbilt Model 579
October 3, 2016
DENTON, Texas--(BUSINESS WIRE)--Featuring an advanced, robust design that reduces weight by up to 150 pounds, the new PACCAR 40,000 pound tandem drive axle will be standard for Peterbilt’s Model 579 spec’d for line-haul applications, Peterbilt Motors Company announced during the ATA Management Conference & Exhibition in Las Vegas.
Encina Solutions, LLC Appoints President & Chief Financial Officer
October 3, 2016
CORAL GABLES, Fla.--(BUSINESS WIRE)--Encina Solutions, LLC (“Encina”) today announced the appointment of Charles Costenbader to the position of President and Chief Financial Officer. Mr. Costenbader brings strong international experience during his work in Shanghai, China as the Chief Operating Officer of Synthesis Energy Systems, Inc.,
Citi Appointed Depositary Bank for Solvay’s ADR Programme
October 3, 2016
LONDON--(BUSINESS WIRE)--Citi, acting through Citibank N.A., has been appointed by Solvay SA (“Solvay”), a leading international chemical and advanced materials company, as depositary bank for its Level 1 American Depositary Receipt (ADR) programme, which trades on the US over-the-counter (OTC) marketplace under the symbol
Sion Power Delivers Next Generation Battery Performance Through Patented Licerion® Technology
October 3, 2016
TUCSON, Ariz.--(BUSINESS WIRE)--Sion Power announces the achievement of highly pursued next generation battery performance with its patented Licerion® technology. Licerion® is the registered trademark for newly developed battery products designed to meet specific market needs, including unmanned aerial vehicle (UAV) and electric vehicle
Johan Halling, President of Atlas Copco’s Mining and Rock Excavation Technique business area, to
October 3, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Atlas Copco AB (STO:ATCOA) (STO:ATCOB): Johan Halling, President of Atlas Copco’s Mining and Rock Excavation Technique business area, has decided to retire. His last day in the position will be on December 31, 2016. Johan Halling, born 1952, has been working at Atlas Copco since 1994. He has been a
Teradyne Inc. Announces New Universal Robots President
October 3, 2016
ODENSE, Denmark--(BUSINESS WIRE)--Universal Robots A/S (UR), a Teradyne company and the global leader in the collaborative robot market, today named Jürgen von Hollen President effective immediately. He succeeds Enrico Krog Iversen who relinquished the post in June 2016 to pursue other interests. Mr. von Hollen was most recently the Executive
Telechips Announced Collaboration with TomTom for Market Expansion in Global Automotive Market
October 3, 2016
SEOUL, South Korea--(BUSINESS WIRE)--Telechips (KOSDAQ:054450), a leading provider of semiconductor in fabless fields, announced that TomTom and Telechips have entered into MOU at preliminary event for Paris Motor Show in 29th of Sep, 2016 for market expansion into global automotive market. TomTom and Telechips will promote jointly developed IVI in
Case Study: Hospital System Using Akro-Mils Products to Go Mobile
October 3, 2016
Relocation of active departments in a medical facility is a daunting process. medical system — with multiple locations serving more than 1 million patients annually — discovered how challenging it can be as they moved departments as part of a construction project at the system’s main campus. Materials managers at a Midwestern
Zero Pan Tilters Eliminate Need for Forklift, and Reduce Bending & Lifting
October 3, 2016
Verti-Lift presents Zero Pan Tilters that can be loaded or unloaded at ground level, thus eliminating the need for a forklift, while improving ergonomics and eliminating bending and lifting and the inherent injuries associated with them. 
UCI Announces Filing of Amended Plan of Reorganization and Disclosure Statement
October 2, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Today, UCI International, LLC (“UCI” or the “Company”) announced it has filed a revised Joint Plan of Reorganization (the “Plan”) and related Disclosure Statement. The Plan is supported by the Official Committee of Unsecured Creditors and the Ad Hoc Committee of Senior
Graña y Montero Signs Contract with LAMSAC for the “Via Expresa Línea Amarilla” Project
October 1, 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 today that its subsidiary GyM S.A. has subscribed a Construction Contract with Linea Amarilla S.A.C. (LAMSAC) in order to complete the
Hagens Berman: VW Dealers Move to Finalize Proposed $1.2 Billion Settlement with Volkswagen
October 1, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Today, Volkswagen franchise dealer Jack Bertolet filed a motion for preliminary approval of a settlement for all Volkswagen-branded Franchise Dealers in the United States, according to Hagens Berman. If the Court grants preliminary approval, details of the settlement will be mailed to VW Franchise Dealers for their
Middle Market May Reign, But Shifting Markets Demands Innovation From Older Manufacturing Firms
October 1, 2016
Manufacturing most populous middle market industry.
Horsehead Restructuring Complete
September 30, 2016
PITTSBURGH--(BUSINESS WIRE)--HORSEHEAD HOLDING LLC, together with certain of its subsidiaries (collectively, “Horsehead” or the “Company”) announced today that it has emerged from chapter 11 as a private company after successfully consummating its plan of reorganization (the “Plan”), which was confirmed by the
RF IDeas Announces In-Region Distribution Partnership with Plankomat SA (Pty) Ltd.
September 30, 2016
ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--RF IDeas, Inc., the leading innovator and manufacturer of in-building identification and access control readers, today announced a partnership with Plankomat SA (Pty) Ltd, one of the leading value added distributors for card and cash operating systems. Plankomat SA will provide in-region distribution in
Americas Styrenics Announces Polystyrene Price Increase Effective October 1, 2016
September 30, 2016
THE WOODLANDS, Texas--(BUSINESS WIRE)--Americas Styrenics LLC (AmSty) announces an increase in the transaction price of all grades of polystyrene produced by the Company of $0.03/lb., effective October 1, 2016. This price supersedes all other previously announced price changes. About AmSty AmSty is one of the largest integrated producers of
Sekisui Specialty Chemicals Announces Global Price Increase
September 30, 2016
DALLAS--(BUSINESS WIRE)--Sekisui Specialty Chemicals announced today that it will increase the price of Selvol® Polyvinyl Alcohol, Selvol Ultiloc®, Selvol Ultalux® and Selvol Premiol®. This increase will take effect November 1st, 2016, or as contracts and agreements allow. Region     Price Increase Asia Up to $100/mT Latin
Axalta India wins two Quality Circle Golden Awards at QCFI 27th Annual Convention
September 30, 2016
MUMBAI, India--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, won the Quality Circle Forum of India (QCFI) Golden award in Six Sigma and 5S categories at the QCFI 27th Annual Convention held September 18 in Vadodara. QCFI, a national body of professionals committed to assisting
Watts Water Technologies Announces Webcast of Its Presentation at the Baird 2016 Industrial
September 30, 2016
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) today announced that Robert Pagano, its President and Chief Executive Officer and Todd Trapp, its Chief Financial Officer, will present at the Baird 2016 Industrial Conference at the Four Seasons Hotel in Chicago, IL on Wednesday, November 9, 2016, at 2:00 p.m.
U.S.-Based Biopesticides Association Rapidly Expanding Along With Industry Growth
September 30, 2016
WASHINGTON--(BUSINESS WIRE)--The Biopesticide Industry Alliance (BPIA), the U.S.-based trade association representing the biopesticide industry, marked several milestones in September during its largest-ever semi-annual meeting in Arlington, VA. In a year that brought twenty new member companies to BPIA, its Board of Directors took steps to further
Fitch Affirms Braskem's IDR at 'BBB-'; FC IDR Outlook Revised to Stable
September 30, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (LT FC/LC IDRs) of Braskem S.A. (Braskem) at 'BBB-' and its National Scale rating at 'AAA(bra)'. The Rating Outlook on the FC IDR was revised to Stable from Negative, while the Outlook for Braskem's LC IDR and National Scale rating
Richardson Electronics Announces Date of First Quarter Fiscal 2017 Conference Call
September 30, 2016
LAFOX, Ill.--(BUSINESS WIRE)--Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended August 27, 2016, after the close of business on Wednesday, October 5, 2016. The release will be distributed by Business Wire and will be available on the Company’s website at www.rell.com. On Thursday,
Schneider Electric's 'Factory of the Future' Strategy Incorporates Stratasys 3D Printing to Improve
September 30, 2016
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, has announced that French multi-national corporation, Schneider Electric, has worked with Stratasys to include 3D printing into its manufacturing processes for both short and longer term efficiency goals.
PPG to Announce Third Quarter 2016 Results Oct. 20
September 30, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) announces the following details for its third quarter 2016 earnings release and teleconference call.       Earnings release: Thursday, Oct. 20, before U.S. stock markets open   Teleconference: Thursday, Oct. 20, 2 p.m. ET   PPG participants: Michael H. McGarry, chairman and chief
ToughMet® Sucker Rod Couplings Named Finalist for Two Awards: 2016 World Oil and Platts Global
September 30, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--ToughMet® Sucker Rod Couplings have been named a finalist for two 2016 industry awards: for the 2016 World Oil Awards Best Production Technology category and the Platts Global Energy Award Commercial Application of the Year category. Materion Corporation (NYSE: MTRN), and Hess Corporation (NYSE: HES)
Smiths Detection Inc. Announces Support for Five New ThanksUSA’s “Pathway to Tech/STEM”
September 30, 2016
EDGEWOOD, Md.--(BUSINESS WIRE)--Smiths Detection Inc. (SDI) announced it will support five new scholarships through ThanksUSA’s “Pathway to Tech/STEM” program, which will provide educational opportunities to military spouses and children seeking hard-to-fill science, technology, engineering and mathematics (STEM) degrees and
Company Profile for RF Digital, A Heptagon Company
September 30, 2016
--(BUSINESS WIRE)--RF Digital, A Heptagon Company, designs and manufactures an extensive line of fully integrated, high quality, high performance, configurable Wireless RF Transmitter, Receiver & Transceiver Modules, suitable for nearly every type of application. For over 16 years RF Digital has supplied the aerospace, public safety, industrial
Westinghouse and NAEK Energoatom Release Joint Statement Regarding Safety Optimization Program and
September 30, 2016
KIEV--(BUSINESS WIRE)--Today, Westinghouse Electric Company and NAEK Energoatom, the National Nuclear Energy Generating Company of Ukraine, released a joint statement discussing the companies’ future partnership to sustain the safety of Ukraine’s nuclear reactor fleet. The statement was issued during a visit to Kiev by a special
Alion Science and Technology Names Christopher Zember as Chief Technology Officer
September 30, 2016
MCLEAN, Va.--(BUSINESS WIRE)--Alion Science and Technology, an engineering, technology and operational solutions company, today announced that Christopher Zember will join the company as Chief Technology Officer, responsible for the company’s technology roadmap for future development. “Christopher is well known for his vision and
Momentive Develops Self-Bonding Liquid Silicone Elastomer
September 30, 2016
WATERFORD, N.Y.--(BUSINESS WIRE)--Momentive Performance Materials Inc. (Momentive) will globally launch the Silopren* LSR 27x9 liquid silicone rubber family at K 2016, the 20th International Trade Fair for Rubber and Plastics. This new self-bonding material addresses the rising demands for hard-soft designs, helps to achieve the bonding between
Utility Announces the New 4000D-X Composite® TBR Dry Van Model
September 30, 2016
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Utility Trailer Manufacturing Company, the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers, is pleased to announce the introduction of a new dry van trailer option – the 4000D-X Composite
H.I.G. WhiteHorse Provides Financing for Capvis’ Acquisition of Gotha Cosmetics in Italy
September 30, 2016
LONDON--(BUSINESS WIRE)--H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, has supported Gotha Cosmetics’ acquisition by Capvis Equity IV LP, a fund advised by Capvis Equity Partners AG (together “Capvis”) by providing funding to support a €65 million unitranche facility arranged by Credit
Coca-Cola West and Coca-Cola East Japan Announce Proposed Integration
September 30, 2016
TOKYO & FUKUOKA, Japan--(BUSINESS WIRE)--Coca-Cola West Co., Ltd. (CCW) and Coca-Cola East Japan Co., Ltd. (CCEJ) have been discussing potential integration based on the MOU announced on April 26 in the spirit of equal partnership, and today announced that they have agreed to integrate their businesses to form a new Coca-Cola bottling company.
Arnt Arvik Joins PCTEL’s Management Team
September 30, 2016
BLOOMINGDALE, Ill.--(BUSINESS WIRE)--PCTEL, Inc. (NASDAQ:PCTI), a leader in Performance Critical Telecom solutions, announced today that industry veteran Arnt Arvik will join PCTEL’s management team as Vice President of Americas Sales and Engineering Services for RF Solutions. Arnt Arvik comes to PCTEL with extensive experience in the mobile