Friday, June 22, 2018
All News
Manufacturing On Win Streak
July 5, 2016
Fourth straight months of growth
Cushman & Wakefield Named to The Global Outsourcing 100
July 4, 2016
CHICAGO & HONG KONG--(BUSINESS WIRE)--Cushman & Wakefield, a global leader in commercial real estate services, announced today that it has been listed on The Global Outsourcing 100. This annual listing, which is published by the International Association of Outsourcing Professionals® (IAOP®), recognizes the world's best outsourcing
Wick Hill and Zycko Become Part of Nuvias Group, the New Name for the pan-EMEA, High Value
July 4, 2016
LONDON--(BUSINESS WIRE)--Rigby Private Equity (RPE) announces the formation of Nuvias Group, a holding company for the pan-EMEA high value distribution business being built by RPE, to redefine specialist value distribution. Wick Hill and Zycko now become part of Nuvias Group and will be known as - Wick Hill, a Nuvias group company Zycko, a Nuvias
Kentucky's Automotive Industry Expanding
July 2, 2016
Dr. Schneider doubles workforce; GM investing in Corvette plant
SelectBlinds.com Responds to WCMA’s June 29 Statement Regarding Timeline to Update Window Covering
July 1, 2016
PHOENIX--(BUSINESS WIRE)--SelectBlinds.com, a leading online retailer of 100 percent cordless custom window coverings, today responded to the Window Covering Manufacturers Association’s June 29, 2016, statement announcing the timeline to update the window covering safety standard. The statement discussed that in the window covering industry
Americas Styrenics Announces Polystyrene Price Increase Effective July 1, 2016
July 1, 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 $0.02/lb., effective July 1, 2016. This price supersedes all other previously announced price changes. About AmSty AmSty is one of the largest integrated producers of
LSB Industries, Inc. Announces Closing of Sale of Climate Control Business to NIBE Industrier AB
July 1, 2016
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced the closing of the previously disclosed sale of its Climate Control Business (“CCB”) to NIBE Industrier AB (publ) of Sweden (“NIBE”) for a total of $364 million. The Company plans to use the net
IDEX Corporation Completes Acquisition of AWG
July 1, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) announced today that LUKAS Hydraulik GmbH, a subsidiary of IDEX, has completed its previously announced acquisition of AWG Fittings GmbH (“AWG”) from Paragon Partners in an all–cash transaction at an enterprise value of €46.0 million on a cash–free,
VSE Announces Jury Verdict in Civil Litigation Matter
July 1, 2016
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported today a jury awarded damages of approximately $4.8 million (exclusive of interest to be determined by the Court), against VSE in a civil litigation matter in a verdict rendered on June 30, 2016. As we have previously reported, Heritage Disposal and Storage LLC, filed a
Axalta Coating Systems Supports SkillsUSA National Leadership and Skills Conference with Official
July 1, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was a proud supporter of SkillsUSA’s 52nd Annual National Leadership and Skills Conference (NLSC) in Louisville, Kentucky from June 20 - 24, 2016. The Partnership provided support to the event’s Automotive
Axalta Coating Systems Helping to Extend Free Admission to Michigan Science Center for entire July
July 1, 2016
CLINTON TOWNSHIP, Mich.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is assisting the Michigan Science Center in offering free general admission on July 2 and 3 in honor of veterans, first responders and in recognition of the overwhelming response to their Ford Motor Company
Completion of the Sale of Canberra to Mirion
July 1, 2016
SAN FRANCISCO & PARIS--(BUSINESS WIRE)--AREVA and the industrial company Mirion Technologies (“Mirion”) announced today the completion of the sale to Mirion of Canberra, the nuclear instrumentation and measurement specialist employing approximately 1,000 staff. As previously disclosed by AREVA in December 2015, Mirion was selected
Toyota Motor Sales Reports June 2016 and First Half Sales
July 1, 2016
TORRANCE, Calif.--(BUSINESS WIRE)--Toyota Motor Sales (TMS), U.S.A., Inc., today reported June 2016 sales of 198,257 units, a decrease of 5.6 percent from June 2015 on a volume basis. With one more selling day in June 2016 compared to June 2015, sales were down 9.2 percent on a daily selling rate (DSR) basis. For the first half of the year, TMS
CORRECTING and REPLACING Sandvik Renews Credit Facility, Nordea is Also One of the Participating
July 1, 2016
SANDVIKEN, Sweden--(BUSINESS WIRE)--Headline of release issued June 30th, 2016 should read: Sandvik Renews Credit Facility, Nordea is Also One of the Participating Banks in the Credit Facility The corrected release reads: SANDVIK RENEWS CREDIT FACILITY, NORDEA IS ALSO ONE OF THE PARTICIPATING BANKS IN THE CREDIT FACILITY Regulatory News: Sandvik AB
Williams Chairman Frank T. MacInnis Steps Down for Personal Reasons; Announces Additional Board
July 1, 2016
TULSA, Okla.--(BUSINESS WIRE)--The Williams Companies, Inc. (NYSE:WMB) (“Williams”) today announced that Frank T. MacInnis is stepping down as Chairman of the Board of Directors due to personal reasons, effective immediately. Dr. Kathleen Cooper, a current director and Audit Committee member has been appointed Chairman of the Board of
New Cooper Zeon RS3-G1 All-Season Tire Gives High Performance a “Gut Check”
July 1, 2016
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire today unveiled the Cooper Zeon RS3-G1, an exciting new all-season passenger car tire for high performance vehicles and drivers. “The RS3-G1 is a marvel of Cooper’s greatest cutting-edge technologies,” said Scott Jamieson, the company’s Director of Product Management for North
Aviation Capital Group Announces New Appointments
July 1, 2016
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group (“ACG”), the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, announced that Tom Baker has joined ACG as Senior Vice President – Strategic Planning and Analytics. Mr. Baker will be responsible for transaction analytics, financial planning and
On BizWireTV: Virtual Reality Enters the Classroom and the Top 5 Most Shared Stories of the Week
July 1, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, TES and Google for Education bring the virtual reality experience to classrooms and JJ Watt sees the launch of his new Reebok sneaker, the JJ I. Watch the full episode for more stories featuring Amazon, Twilio, ZICO, StubHub, and more on BizWireTV – now featuring the Top Five Most-Shared
Masco Corporation Announces Date for Earnings Release and Conference Call for 2016 Second Quarter
July 1, 2016
TAYLOR, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it will hold a conference call regarding 2016 second quarter results on Tuesday, July 26, 2016 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten
Praxair Announces Price Increases Effective July 15, 2016
July 1, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) is notifying bulk industrial gas and medical gas customers in the United States and its territories of price increases of up to 15% for nitrogen, oxygen, argon, hydrogen, helium and carbon dioxide effective July 15, 2016, or as contracts permit. These adjustments support continued investments
Alcoa to Announce Second Quarter 2016 Results and Host Webcast
July 1, 2016
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) plans to announce its second quarter 2016 financial results on Monday, July 11 after the market closes. The press release will be available on the Investor section of Alcoa’s website, http://www.alcoa.com/global/en/investment/analysis/asp and a link to the press release will also be available on
Denise Ilitch Appointed Co-Chair of Horizon Global Corporation
July 1, 2016
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, announced today that Denise Ilitch has been appointed co-chair of the Company’s Board of Directors. A member of Horizon Global’s Board since June 2015, Ms. Ilitch assumes the
Ford Delivers Best First-Half U.S. Sales in a Decade; Strong Demand for F-Series, Ford Brand SUVs
July 1, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company’s first-half total U.S. sales grew 5 percent with 1,353,048 vehicles sold – its best first-half performance since 2006. June sales were up 6 percent, with 240,109 vehicles sold. Ford truck performance remains the standout for the first half of the year. The company sold 531,500
Norsk Titanium Reveals Rapid Plasma Deposition™ at the 2016 Farnborough International Airshow
July 1, 2016
OSLO, Norway--(BUSINESS WIRE)--Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components, today announced a major presence at the Farnborough International Airshow from July 11-15, 2016, in Hall 4, Booth A114. Highlighting the Norsk Titanium exhibit is a full-scale mock-up of
KOKUYO CO., LTD. Sponsors the KOKUYO DESIGN AWARD 2016, an International Competition Awarding a
July 1, 2016
TOKYO--(BUSINESS WIRE)--KOKUYO CO., LTD. (TOKYO:7984) is now accepting entries for the KOKUYO DESIGN AWARD 2016. This year's theme is "How to Live." 2016 represents the 14th KOKUYO DESIGN AWARD. Last year, designers from 41 countries entered their design ideas. On the theme "HOW TO LIVE", we are looking for submissions that propose "product
GE Completes Sale of GE Asset Management to State Street
July 1, 2016
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE [NYSE:GE] today announced it has completed the sale of GE Asset Management (GEAM), the company’s investment management arm, to State Street Corporation [NYSE:STT]. “As set forth in our announcement earlier this year about the planned sale of GE Asset Management, this transaction is consistent with
Indutrade AB: Indutrade Acquires KA Olsson & Gems AB
July 1, 2016
KISTA, Sweden--(BUSINESS WIRE)--Regulatory News: Indutrade (STO:INDT) today signed an agreement to acquire all of the shares in KA Olsson & Gems AB, Sweden, (www.kao.nu), with annual sales of approximately 90 SEK million. KA Olsson & Gems is a technical sales company and their operations are organised in three segments: · Tape &
New Star SUV to Hit South American Market
July 1, 2016
BEIJING--(BUSINESS WIRE)--Chinese auto brand JAC (Shanghai Stock Exchange: 600418) has announced it launched the new S2 model SUV in Chile in June and will launch it in Peru, Colombia and Uruguay during July. The company hopes to see the S2 repeat the popularity of its previous model, the S3, which achieved high sales figures across South America
Lawson Products, Inc. to Report Second Quarter Financial Results
July 1, 2016
CHICAGO--(BUSINESS WIRE)--Lawson Products, Inc. (NASDAQ: LAWS) (“Lawson” or the “Company"), a distributor of products and services to the MRO marketplace, today announced that it will report its results for the second quarter 2016 on Thurs., July 21, 2016, pre-market. The Company will hold a conference call to review second
Blue Bird Pays Down $28 Million of Principal on its Term Loan on June 30, 2016
July 1, 2016
FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that it has paid down its $183 million term debt by $28 million or 15%. $25 million of this payment was a voluntary prepayment and $3 million was part of its required repayment schedule. Blue
Alfa Laval: Invitation to Alfa Laval’s Second-Quarter Conference Call
July 1, 2016
LUND, Sweden--(BUSINESS WIRE)--Regulatory News: Alfa Laval (STO:ALFA) will release second-quarter earnings on July 18th at 11:45 CET. The telephone conference will start at 12:45 CET. To join the telephone conference - hosted by Alfa Laval’s President and CEO, Tom Erixon, and CFO, Thomas Thuresson - sign up in advance via the link below. Once
Indutrade Signs Agreement to Acquire Crysberg A/S
July 1, 2016
KISTA, Sweden--(BUSINESS WIRE)--Regulatory News: Indutrade (STO:INDT) today entered into an agreement with the intention to acquire all of the shares in Crysberg A/S, Denmark (www.crysberg.dk), with annual sales of approximately DKK 70 million. Crysberg develops and manufactures electronic control solutions primarily for irrigation systems used in
Change in the Total Number of Shares and Votes in Arcam
July 1, 2016
MÖLNDAL, Sweden--(BUSINESS WIRE)--Regulatory News: In June the number of shares and votes in Arcam (STO:ARCM) has increased by 108 358. 100 000 C-shares were issued as part of the share savings program. These shares are not yet distributed. The total number of shares and votes as of June 30, 2016 amounts to 20 746 585. Arcam Group
Appointment to BillerudKorsnäs senior management team
July 1, 2016
SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: BillerudKorsnäs has recruited Mikael Andersson to the position of Senior Vice President for Business Area Corrugated Solutions. Mr. Andersson has a solid experience from international sales and he knows the business in depth as he until recently held the position of Sales Director within the
Trelleborg’s Acquisition of Manufacturer of Silicone Components for the Medical Device Market
July 1, 2016
TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Trelleborg (STO:TRELB) has finalized the acquisition of Silicone Fabricators Inc. (SSF), a U.S.-based privately-owned manufacturer of high-precision silicone components for medical technology original equipment manufacturers (OEMs). The acquired company is a significant player in the important
Ross Aviation Acquires Six FBOs from BBA Aviation
July 1, 2016
DENVER--(BUSINESS WIRE)--KSL Capital Partners, LLC (KSL) announced today that affiliates of KSL have completed the acquisition of six FBOs from BBA Aviation through a newly formed company to be known as Ross Aviation. Jeff Ross, who is a seasoned industry executive with whom KSL has worked in the past, will serve as President and CEO of Ross
Figeac Aéro Deploys IFS Applications for 1,200 Employees
July 1, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Leading aeronautical manufacturer based in France implements IFS Applications (STO:IFSA) (STO:IFSB) to support global growth IFS, the global enterprise applications company, announces that French aeronautical manufacturer Figeac Aéro has decided to implement IFS Applications™ 9 to
Heinosky Korea to Supply EPS Insulation to France and Other Advanced Countries
July 1, 2016
SEOUL, South Korea--(BUSINESS WIRE)--EPS, “Styrofoam,” is widely used as an insulation material. Heinosky has taken this material and added fire-retardant and thermosetting properties to create a product that doesn't catch fire easily or become deformed when exposed to high temperatures. However, what has made it particularly attractive
Axalta Coating Systems Completes Acquisition of High Performance Coating in Southeast Asia
July 1, 2016
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed its acquisition of High Performance Coating Sdn. Bhd., a leader in refinish coatings in Southeast Asia. The acquisition will strengthen Axalta’s capability to serve refinish customers in the region with
Intertek Expands Chemical Regulatory Services in Australasia and Southeast Asia
July 1, 2016
SYDNEY--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, announced the further expansion of chemical regulatory services in Australasia and Southeast Asia with the expansion of its Health, Environmental and Regulatory Services (HERS) department in Sydney, Australia. International chemical companies and
Zyme Cloud Platform 3.0, Software for Managing Channel Data
July 1, 2016
Companies selling through the channel work mainly with resellers and distributors and as a result, they can easily lose touch with the lifeblood of their business – the end customer.
Allegion Finalizes Acquisition of Trelock
June 30, 2016
DUBLIN--(BUSINESS WIRE)--Allegion, plc (NYSE: ALLE), a leading global security products and solutions provider, has completed, through one of its subsidiaries, the previously announced acquisition of Trelock GmbH and related companies. Trelock is a portable safety and security provider headquartered in Münster, Germany, producing branded
Intelsat Closes Senior Secured Notes Issuance
June 30, 2016
LUXEMBOURG--(BUSINESS WIRE)--Intelsat S.A. (NYSE: I) (“Intelsat”), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced today that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), completed the issuance of $490 million aggregate principal amount of
NIKE, Inc. and Phil Knight Complete Planned Chairman Succession
June 30, 2016
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today announced that NIKE Chairman Phil Knight has retired from the Board of Directors and the Board has appointed Mark Parker, NIKE’s President and CEO since 2006, to the additional position of Chairman, effective immediately. This is the completion of the planned transition that was
HanesBrands Completes Acquisition of Champion Europe, Uniting Champion Brand Globally
June 30, 2016
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading marketer of everyday innerwear and activewear apparel under world-class brands in the Americas, Europe and Asia, today announced that it has completed the acquisition of Champion Europe, which owned the trademark for the Champion brand in Europe, the Middle East and Africa.
Allegion Schedules Conference Call, Webcast to Announce 2016 Second-Quarter Results
June 30, 2016
DUBLIN--(BUSINESS WIRE)--Allegion, plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2016 second-quarter financial results on Thursday, July 28, 2016, before the market opens. Later that morning, David D. Petratis, chairman, president and CEO, and Patrick Shannon, senior vice president and chief financial
Rudolph Technologies Schedules 2016 Second Quarter Financial Results Conference Call for July 28,
June 30, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Rudolph Technologies, Inc. (NYSE:RTEC) will release its 2016 second quarter financial results after the market closes on Thursday, July 28, 2016. In conjunction with this release, Rudolph will host a conference call, which will be broadcast live over the Internet. Michael P. Plisinski, Chief Executive Officer,
Fluor Announces 2016 Recipients of $100,000 Global Community Project Fund
June 30, 2016
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today the 10 community improvement projects from around the world that will each receive $10,000 from Fluor’s $100,000 Global Community Project Fund. Thirty project nominations (15 U.S. and 15 non-U.S.) were named as finalists, with the top 10 winners being selected by a
IntriCon Reports Preliminary Second-Quarter Results
June 30, 2016
ARDEN HILLS, Minn.--(BUSINESS WIRE)--IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today reported preliminary results for its second quarter ending, June 30, 2016. The company expects second-quarter net sales of approximately $16.8 million, versus $17.1
CyberOptics Commercializes MRS-Enabled CyberGage360™ 3D Scanning System
June 30, 2016
MINNEAPOLIS--(BUSINESS WIRE)--CyberOptics® Corporation (NASDAQ: CYBE), a leading global developer and manufacturer of high precision 3D sensing technology solutions and its subsidiary Laser Design, announced today that the proprietary CyberGage360 high-precision automated 3D scanning inspection system is now available. The positive feedback