Monday, June 24, 2019
All News
ATI’s CFO to Speak at the Deutsche Bank 7th Annual Global Industrials and Materials Summit
June 2, 2016
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) announced that Pat DeCourcy, Senior Vice President, Finance and Chief Financial Officer, will speak at the Deutsche Bank 7th Annual Global Industrials and Materials Summit in Chicago, IL on June 9, 2016. Mr. DeCourcy’s remarks and presentation slides will be
Cummins Inc. Receives Top Global Energy Management Award
June 2, 2016
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) won the 2016 Award of Excellence in Energy Management from the Clean Energy Ministerial (CEM), a high-level global forum that promotes policies and programs to advance clean energy. CEM energy ministers will present this prestigious CEM award to Jennifer Rumsey, Vice President and Chief
Distribution International Acquires Assets of Johnson Insulation, LLC
June 2, 2016
HOUSTON--(BUSINESS WIRE)--Distribution International, Inc. (“DI”), a leading distributor and fabricator in the mechanical insulation market, today announced it has acquired certain assets of Johnson Insulation, LLC. Located in Spokane, Washington, Johnson Insulation, LLC specializes in laminating metal building insulation. Houston-based
SurfaceInk Acquires Component Selection Startup GPiO to Bolster Engineering Services and Client
June 2, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--SurfaceInk, the leading provider of consumer device engineering and product development services since 1999, announced today that it has acquired GPiO, a privately held venture-backed company that helps expedite hardware engineering component decision-making processes to accelerate bringing consumer electronics
Stoffer to Head Global Sales and Marketing at Bal Seal Engineering, Inc.
June 2, 2016
FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Bal Seal Engineering, Inc., a leading designer and producer of custom sealing, connecting, conducting and EMI shielding components, has named Gary Stoffer as its new Vice President of Global Sales and Marketing. Stoffer, who holds a Bachelor of Science in Business Administration from the University of
L-3 to Present at the Deutsche Bank 2016 Global Industrials and Materials Summit on June 9
June 2, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that Christopher E. Kubasik, its president and chief operating officer, and Ralph G. D’Ambrosio, its senior vice president and chief financial officer, will be jointly presenting at the Deutsche Bank 2016 Global Industrials and Materials Summit on Thursday, June 9 in
Fort Dearborn Company Acquires SleeveCo, Inc.
June 2, 2016
DENVER--(BUSINESS WIRE)--Fort Dearborn Company, a KRG Fund IV (“KRG”) portfolio company and a leading supplier of cut & stack, pressure sensitive, roll-fed and shrink sleeve labels, has acquired SleeveCo, Inc. (“SleeveCo”), a manufacturer of Shrink Sleeve and Stretch Sleeve labels featuring flexographic and rotogravure
DAQRI Named a 2016 Gartner Cool Vendor in Managing Operational Technology in a Digital Business
June 2, 2016
LOS ANGELES--(BUSINESS WIRE)--DAQRI, a leading enterprise augmented reality company powering the future of work through innovative hardware and software products, announced today that it has been included in the list of “Cool Vendors in Managing Operational Technology in a Digital Business, 2016” report by Gartner, Inc. for DAQRI Smart
Wireless Telecom Group Announces Appointment of Vice President of Sales, Americas, Network Solutions
June 2, 2016
PARSIPPANY, N.J.--(BUSINESS WIRE)--Wireless Telecom Group, Inc. (the “Company”), a global provider of radio frequency and microwave-based components and instruments for wireless and advanced communications industries, announced today the expansion of their Network Solutions and Microlab Subsidiary Sales Team with the hire of Christian
Company Execs Present Key Financial Plans at AFSA's 26th Credit Summit for Fixed Income Investors
June 2, 2016
WASHINGTON--(BUSINESS WIRE)--AFSA will hold its 26th Credit Summit for Fixed Income Investors from June 8 – 9 at The Westin Copley Place in Boston. Executives from a variety of companies will be available to discuss their global unsecured and asset-backed borrowing programs and operating results. American Honda Finance Corporation Caterpillar
Axalta Coating Systems launches its Nason Finishes brand in Russia
June 2, 2016
COLOGNE, Germany--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is launching its Nason Finishes refinish brand in Russia. With its clear focus on its customers, Axalta has identified a requirement in Russia for a cost-competitive, easy-to-use refinish paint system that’s
Information and Communications Technology Heavyweights Weigh in on the Future of ICT and IoT at
June 2, 2016
TAIPEI, Taiwan--(BUSINESS WIRE)--COMPUTEX, the leading global ICT show with a complete supply chain, today completed its CPX Conference and two forums featuring global information and communications technology (ICT) heavyweights such as ARM, Advantech, Cisco, Delta Electronics, Intel, Microsoft, Siemens, and TSMC. The technology trendsetters
Ingersoll Rand Commits to the Clean Energy Ministerial Advanced Cooling Challenge
June 2, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Ingersoll Rand (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced today it will commit to the Clean Energy Ministerial (CEM) Advanced Cooling Challenge (ACC). The commitment includes a $500 million investment in product-related research and development by 2020 to fund
MSC Nastran 2016 Delivers Dramatically Improved Speed and a Range of New Analysis Solutions
June 2, 2016
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--MSC Software Corporation today announced new releases of MSC Nastran and Patran. MSC Nastran 2016 delivers dramatic performance and speed improvements as well as new multidisciplinary analysis solutions. Patran 2016 improves support for nonlinear and fatigue analysis capabilities. Release highlights of MSC
Axalta to Celebrate 150th Anniversary at “We Paint Winners” 400 at Pocono Raceway
June 2, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is the title sponsor for the second consecutive year at this Sunday’s NASCAR® Sprint Cup Series race at Pocono Raceway. The Axalta “We Paint Winners” 400 will air live on Fox Sports 1 on Sunday,
Rockwell Collins Launches Positive Train Control Shared Network Solution
June 2, 2016
ANNAPOLIS, Md.--(BUSINESS WIRE)--Rockwell Collins today announced the launch of ARINC RailwayNetSM, a hosted network and messaging platform for passenger and freight railroads. The new solution is designed to increase safety and reliability in the railroad industry and to help railroads meet the Positive Train Control (PTC) requirements mandated by
L-3 to Present at the Deutsche Bank 2016 Global Industrials and Materials Summit
June 2, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that Christopher E. Kubasik, its president and chief operating officer, and Ralph G. D’Ambrosio, its senior vice president and chief financial officer, will be jointly presenting at the Deutsche Bank 2016 Global Industrials and Materials Summit on Wednesday, June 8 in
Belden First to Offer Mid-Range Gigabit Speed Switch for Industrial Networks
June 2, 2016
ST. LOUIS--(BUSINESS WIRE)--Belden Inc., a global leader in signal transmission solutions for mission-critical applications, has announced the newest industrial Ethernet switch from Hirschmann – the GREYHOUND 1040. This full Gigabit Ethernet switch delivers on the high-bandwidth and data speed needs of industrial networks and offers a 2.5
M. Kevin McEvoy Elected to the EMCOR Group, Inc. Board of Directors
June 2, 2016
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE:EME) today announced the election of M. Kevin McEvoy to the Company’s Board of Directors at its 2016 Annual Meeting of Stockholders at which the Company’s incumbent directors standing for re-election were also elected. Mr. McEvoy, 65, is the Chief Executive Officer of Oceaneering
INNOViON Announces Acquisition
June 2, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--INNOViON Corporation and Thompson Support Services, Inc. (TSS) announced today an agreement for INNOViON to acquire TSS’s ion implant service business. Tim Townley, CEO of INNOViON, stated, “We are very pleased to announce this acquisition. TSS’s expertise and equipment set is largely focused
Materion’s SupremEX® Used in New Line of High Security, Luxury Smartphones
June 2, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--As an advanced materials provider, Materion Corporation (NYSE:MTRN) has been at the forefront of the consumer electronics market, helping enable new technologies and meet the demand for ever-increasing functionality of hand-held devices with its high performance alloys, composites and other specialized
Royal® Building Products Announces Winner of Build Bold™Contest
June 2, 2016
WOODBRIDGE, Ontario--(BUSINESS WIRE)--Royal® Building Products, a leading manufacturer of home exterior products, announced today the winner of its Build Bold™ contest as Karen O’Leary from Guilford, Conn. Her entry was selected from more than 500 homeowners across the United States. Winning an exterior home makeover worth up to
Market Track, LLC Acquires Channel IQ
June 2, 2016
CHICAGO--(BUSINESS WIRE)--Market Track, LLC, the leading provider of advertising, promotions, pricing and eCommerce intelligence solutions, announced today that it has acquired Channel IQ LLC (Channel IQ), a leading provider of pricing intelligence, Minimum Advertised Price (MAP) monitoring, and Where-to-Buy (WTB) eCommerce solutions. Financing for
Thomas Rebermark new Marketing Director at Rejlers
June 2, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: On 1 July, Thomas Rebermark will take up his new position as Marketing Director at Rejlers AB (STO:REJL). Thomas Rebermark will be part of Rejlers' group management and will be responsible for marketing and communication issues. The coordination and development of Rejlers’ position and the
UCI International, LLC Positions Company for Future Success and Growth by Initiating Plan to
June 2, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Today, UCI Holdings Limited and its subsidiary UCI International, LLC (“UCI” or the “Company”) announced that they filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code. UCI commenced the filing to deleverage the company and better position the company for future
Clean Harbors to Present at Stifel’s 2016 Industrials Conference
June 2, 2016
NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental, energy and industrial services throughout North America, today announced that Executive Vice President and Chief Financial Officer Michael L. Battles, and Senior Vice President of Investor Relations Jim Buckley will
SP1026 Series 30kV TVS Diode Arrays from Littelfuse Help Prevent Equipment Damage from Electrostatic
June 2, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., the global leader in circuit protection, has introduced the SP1026 Series 15pF 30kV Bidirectional Discrete TVS Diode Array, designed specifically to protect sensitive electronic equipment from damage due to electrostatic discharges (ESD). Zener diodes fabricated using a proprietary silicon avalanche
Axalta Is Revved Up and Headed to Bowling Green
June 2, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Are you revved up for one of the hottest hot rod shows in the Midwest? The 14th Annual Holley National Hot Rod Reunion®, presented by AAA Insurance, will bring the heat to the Beech Bend Raceway in Bowling Green, Kentucky, on June 16–18. Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer
Stratasys Announces Retirement of David Reis as CEO
June 2, 2016
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today announced that David Reis has decided to step down from his position as the Chief Executive Officer, effective June 30, 2016. During his tenure as CEO, David Reis led the successful merger and
Enviva Partners, LP Signs Long-Term Off-take Contract
June 2, 2016
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) today announced the execution of a new take-or-pay off-take contract to supply wood pellets to Lynemouth Power Limited (“Lynemouth Power”), a subsidiary of Energetický a průmyslový holding (EPH).
Avnet Celebrates 30-Year Collaboration with ebm-papst in the Americas
June 2, 2016
PHOENIX & FARMINGTON, Conn.--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT), a leading global technology distributor, and ebm-papst Inc., a top manufacturer of motors, fans and blowers, recently marked the milestone 30-year anniversary of their business relationship. Since 1986, ebm-papst has leveraged Avnet’s world-class supply chain expertise
Donaldson Reports Third Quarter 2016 Earnings
June 2, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE:DCI) today reported third quarter 2016 net earnings of $54.8 million, or 41 cents per share,1 compared with $47.8 million, or 34 cents per share, in 2015.2 Foreign currency translation reduced net income in the third quarters of fiscal 2016 and 2015 by $0.9 million and $3.1 million,
Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share
June 2, 2016
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, announces that its board of directors has declared a quarterly dividend in the amount of $0.01 per share to be paid on July 6, 2016 to shareholders of record on June 22, 2016. Joy Global Inc. is a worldwide leader in mining equipment
Joy Global Announces Second Quarter Fiscal 2016 Operating Results
June 2, 2016
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported second quarter fiscal 2016 results. Second Quarter Summary Bookings $681 million, down 9 percent from a year ago Equipment bookings $167 million, up 12 percent from a year ago Service bookings $514 million, down 14
City of Santa Monica Approves Multi-Year Contract with Clean Energy’s Redeem™; Fuel to Support
June 2, 2016
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp., (NASDAQ: CLNE) announced that the City of Santa Monica has awarded Clean Energy a multiyear liquefied natural gas (LNG) contract to fuel its Big Blue Bus (BBB) fleet of vehicles. The 5-year deal, worth an estimated $3 million per year, will enable BBB to continue using Clean
Dassault Systèmes Extends the 3DEXPERIENCE Platform to Supply Chain Planning and Operations
June 2, 2016
VÉLIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--Regulatory News: Dassault Systèmes (Euronext Paris: #13065, DSY.PA) (Paris:DSY), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced the signing of a definitive share purchase agreement to
SSAB Concludes Negotiations to Reduce Workforce in Its Nordic Operations
June 2, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: In February, SSAB (STO:SSABA) (STO:SSABB) (HEX:SSABAH) (HEX:SSABBH) announced that it had initiated negotiations in order to reduce the workforce in its Nordic operations by a maximum of 465 employees. All negotiations in this respect have now been concluded. The negotiations that SSAB initiated to
Scania Interim Report January–March 2016
June 2, 2016
SÖDERTÄLJE, Sweden--(BUSINESS WIRE)--Scania’s sales amounted to SEK 23.1 billion and earnings for the first quarter amounted to SEK 2,295 m. Higher vehicle volume in Europe and higher service volume were partly offset by negative currency rate effects and low capacity utilisation in the production system in Latin America. Summary of
Praxair Completes Acquisition of Yara’s European Carbon Dioxide Business
June 2, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX), a leading global supplier of carbon dioxide (CO2) and other industrial gases, has completed its acquisition of Yara International ASA’s (Yara) European CO2 business. Praxair also finalized the acquisition of Yara’s remaining 34% stake in the Yara Praxair Holding AS industrial gas
Hiring Practices Essential to Growth
June 2, 2016
Andrew Berlin of Berlin Packaging talks to IMTSTV about how hiring good people ties to your net promoter score and your earnings before income taxes.
Automatic Pallet Truck In-Floor Conveyor System by SI Systems
June 2, 2016
The new Lo-Tow® pallet truck in-floor conveyor system is designed to improve operator productivity and accuracy. 
CLARCOR to Release Second Quarter Financial Results on Wednesday, June 15, 2016
June 1, 2016
FRANKLIN, Tenn.--(BUSINESS WIRE)--CLARCOR Inc. (NYSE: CLC) said today it will release financial results for the second quarter of its 2016 fiscal year on Wednesday, June 15, 2016, after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast the following morning, Thursday, June 16, 2016, at
Angeles Equity Partners Acquires Controlling Interest in ERP Power LLC
June 1, 2016
LOS ANGELES--(BUSINESS WIRE)--Angeles Equity Partners, LLC, a private investment firm focused on value creation through operational transformation, today announced that it has acquired, through an affiliated entity, a controlling interest in ERP Power, LLC (ERP), an LED driver business based in Moorpark, CA. Financial terms of the transaction were
JELD-WEN Holding, Inc. Files Registration for Proposed Initial Public Offering
June 1, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--JELD-WEN Holding, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The number of shares to be offered, the price range for the proposed offering and the exchange on which
Mouser Electronics Receives Top Global Awards from Amphenol
June 1, 2016
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the global authorized distributor with the newest semiconductors and electronic components, has received the 2015 Distributor of the Year Award from Amphenol Industrial, as well as the 2015 Best Global Performance Award in conjunction with TTI, from Amphenol Corporation. The
SurfaceInk Works With Qualcomm Technologies to Develop Smart Wearable and IoT Devices
June 1, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--SurfaceInk, the leading provider of consumer device engineering and product development services since 1999, today announced that it is working with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, to provide reference designs for upcoming smart wearable and IoT solutions based on the
Ferro Expands Its Technology and Product Portfolio by Completing the Acquisition of Glass Coatings
June 1, 2016
CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE, “Company”) announced today that it has completed the acquisition of Pinturas Benicarló, S.L. (“Pinturas”). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a cash-free and
Joseph Bonn Named Interim Non-executive Chairman of Luxfer Group
June 1, 2016
SALFORD, England--(BUSINESS WIRE)--The Board of Luxfer Holdings PLC (Luxfer Group) (NYSE:LXFR) announced on May 24, 2016, that it has appointed Joseph Bonn as non-executive chairman on an interim basis following the retirement of Peter Haslehurst, who held the position of chairman for the past 10 years. Mr. Bonn has been a non-executive director on
NOV Announces Definitive Agreement to Acquire the Completion Tools Business of Trican Well Service
June 1, 2016
HOUSTON--(BUSINESS WIRE)--National Oilwell Varco, Inc. (NYSE:NOV) announced today that it has entered into a definitive agreement to acquire the completion tools business of Trican Well Service Ltd. (TSX:TCW). The business designs and sells a range of innovative and patented downhole tools for multi-stage fracturing and multi-zone completions in
Fuel Tech Licenses SNCR Techology to India’s ISGEC Heavy Engineering Ltd.
June 1, 2016
WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced the signing of an exclusive agreement under which Fuel Tech has licensed its Selective Non-Catalytic Reduction