Thursday, June 20, 2019
All News
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
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
Ecolab Schedules Webcast of Industry Conference for June 8
June 1, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. Executive Vice President and President, Global Food & Beverage and Healthcare Jill Wyant will address financial analysts at the Deutsche Bank Global Industrials and Materials Summit Conference on Wednesday, June 8 in Chicago. Ecolab will host a live webcast of Ms. Wyant’s presentation. Details
Ecolab Schedules Webcast of Industry Conference for June 7
June 1, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. Executive Vice President and President, Global Energy, Steve Taylor will address financial analysts at the Baird Global Consumer, Technology and Services Conference on Tuesday, June 7 in New York. Ecolab will host a live webcast of Mr. Taylor’s presentation. Details for the webcast are as follows:
Allegheny Technologies Announces Exercise of Over-Allotment Option to Purchase Additional
June 1, 2016
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) announced today that, in connection with its previously announced underwritten public offering of 4.75% Convertible Senior Notes due 2022 (the “Notes”), the underwriters have exercised in full their over-allotment option to purchase an additional $37.5 million
Fitch: Commodity Recovery, Not Trade Cases, Key for US Steel
June 1, 2016
NEW YORK--(BUSINESS WIRE)--Recovery in commodity prices has more importance to the steel industry than the impact of trade cases, according to Fitch Ratings. The US International Trade Commission is currently investigating accusations made against Chinese steelmakers by U.S. Steel Corp. This follows recent determinations on antidumping and
Southland Concrete to Invest $6 Million in Prince William County for new Corporate Headquarters and
June 1, 2016
PRINCE WILLIAM COUNTY, Va.--(BUSINESS WIRE)--The Prince William Board of County Supervisors recently announced Southland Concrete Corp. will invest $6 million and add 30 new jobs to Prince William County. The Southland Concrete corporate headquarters and yard is newly located at 12775 Randolph Ridge Lane, Manassas, Va. 20109. Prince William County
NOW Inc. Completes Power Service Acquisition
June 1, 2016
HOUSTON--(BUSINESS WIRE)--NOW Inc. (NYSE:DNOW) announced today the closing of its previously announced acquisition of Power Service, Inc., Industrial Tool & Repair, Inc., d/b/a/ Power Service of Montana and Power Transportation LLC (collectively, “Power Service”). Power Service has served the energy and industrial markets in the
Weyerhaeuser Distribution Adds ClipStone® Mortarless Stone Veneer to Six Markets
June 1, 2016
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Weyerhaeuser Distribution now offers easy-to-install ClipStone® mortarless stone veneer products through its distribution centers serving the markets of Easton, Pa., Phoenix, Ariz., and four areas of California --- Stockton, Fresno, Santa Clarita and Fontana. ClipStone products feature a unique mounting clip
Industrias Unidas, S.A. de C.V. Consolidated Results of Operations for Q1 2016
June 1, 2016
MEXICO CITY--(BUSINESS WIRE)--Industrias Unidas, S.A. de C.V. (“IUSA” or the “Company”) has announced its unaudited results for the first three months ended March 31 of 2016. Figures are unaudited and have been prepared in accordance with Mexican Financial Reporting Standards (“MFRS”), which are different in
OpenGate Capital Signs Agreement to Acquire Umicore Zinc Chemicals
June 1, 2016
LOS ANGELES--(BUSINESS WIRE)--OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement with Umicore (EBR:UMI) for the acquisition of Umicore Zinc Chemicals (“UZC”), a global leader in the production of zinc chemicals. The acquisition is expected to be complete in the second half of 2016.
Ascend to Present on Under-the-Hood PA66 Solutions at ITB Plastic Powertrain Parts 2016
June 1, 2016
HOUSTON--(BUSINESS WIRE)--Ascend Performance Materials will deliver a technical presentation on “Enhanced Hydrolysis & Thermal Resistant PA66 for Automotive Engine Cooling Applications” at the ITB Group’s Plastic Powertrain Parts 2016 conference on June 2 in Novi, Michigan. The presentation will be delivered by Dr. Ryan
Technavio Announces Top Five Vendors in the Global Hydraulic Equipment Market from 2016 to 2020
June 1, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global hydraulic equipment market report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape According to the report, the global hydraulic equipment
SolarWorld Teams with Solar Energy International (SEI) in Training Partnership
June 1, 2016
HILLSBORO, Ore.--(BUSINESS WIRE)--SolarWorld, America’s largest manufacturer of crystalline-silicon solar technology, has launched a training partnership with industry-recognized renewable-energy school Solar Energy International (SEI) that will include discounts on online coursework. The partnership brings together two solar-industry
Boliden completes Kevitsa mine acquisition
June 1, 2016
BOLIDEN, Sweden--(BUSINESS WIRE)--Regulatory News: Boliden completed its acquisition of the Kevitsa mine in Finland on 1 June. The acquired operation will form part of Business Area Mines, alongside Aitik, Garpenberg and the Boliden Area in Sweden, Tara in Ireland and Kylylahti in Finland. Work on integrating the Kevitsa mine will commence
Engineering Projects in Community Service (EPICS) in IEEE Fosters STEM Learning Through Practical
June 1, 2016
PISCATAWAY, N.J.--(BUSINESS WIRE)--IEEE, the world's largest technical professional organization dedicated to advancing technology for humanity, today announced recent milestone projects of EPICS in IEEE. EPICS in IEEE enables university and high school students to design and implement meaningful service learning engineering projects, and to
Indegy Selected Big 50 Top Startup to Watch in Tech
June 1, 2016
PALO ALTO, Calif.--(BUSINESS WIRE)--Indegy, the industrial cyber security company, today announced that it was named a top security startup to watch in 2016 by Startup50 in its annual Big 50 report. Hundreds of tech startups are evaluated by a panel of experts and voted on by readers to select 50 winners in five categories. See:
Toyota Reports May 2016 Sales, Sees SUV Surge
June 1, 2016
TORRANCE, Calif.--(BUSINESS WIRE)--Toyota Motor Sales (TMS), U.S.A., Inc., today reported May 2016 sales of 219,339 units, a decrease of 9.6 percent from May 2015 on a volume basis. With two fewer selling days in May 2016 compared to May 2015, sales were down 2.0 percent on a daily selling rate (DSR) basis. Toyota division posted May 2016 sales of
President of HEAT Presents EDAR Emissions Camera to UK Parliament
June 1, 2016
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Hager Environmental & Atmospheric Technologies (HEAT) was recently invited to present about their Emissions Detection and Reporting (EDAR) system to United Kingdom Parliament at the House of Commons. Yolla Hager, president of HEAT, said, “It was such a huge honor to be given the opportunity to present
MicroVision Holds Annual Meeting of Shareholders
June 1, 2016
REDMOND, Wash.--(BUSINESS WIRE)--MicroVision, Inc. (NASDAQ: MVIS), a leader in innovative ultra-miniature projection display and imaging technology, announced that it is holding its annual meeting of shareholders today in Bellevue, WA. The meeting begins at 9:00 AM PT. During a brief presentation Alexander Tokman, president and CEO, will give an
People-Powered Industrial Marketplace Helps Buyers Zero In, Suppliers Stand Out
June 1, 2016
EVANSTON, Ill.--(BUSINESS WIRE)--MNI, the nation’s oldest and largest compiler of manufacturing data, has announced the launch of its new industrial marketplace IndustryNet® (http://industrynet.com). IndustryNet, which helps buyers find industrial suppliers, now also provides suppliers with unique listing pages to better promote their
Finavia Oyj: Ural Airlines to start scheduled flights to Helsinki Airport – More Chinese
June 1, 2016
HELSINKI, Finland--(BUSINESS WIRE)--Ural Airlines closely collaborates with the travel agents UTour, which brings passengers from China to Finland via Yekaterinburg. The airline will operate twice weekly to Helsinki Airport from June to October, using Airbus A320 aircraft. “On behalf of Finavia, I would like to bid Ural Airlines and
Maps Credit Union Adds Cummins Allison Self-Service Coin Machine to Reduce Wait Times
June 1, 2016
MT. PROSPECT, Ill.--(BUSINESS WIRE)--Cummins Allison, the leading innovator and provider of coin, currency and check processing technology as well as ATMs, today announced Maps Credit Union, located in Salem, Oregon, has installed Cummins Allison’s Money Machine® 2 self-service coin counters in three of its branches to reduce wait times
Cyber Risks Increase for Utilities, Networks and Smart Factories, According to Allianz Global Risk
June 1, 2016
NEW YORK--(BUSINESS WIRE)--As energy, transportation, telecommunication and manufacturing companies become more reliant on automation, robotics and connected networks, they are also increasingly vulnerable to cyberattacks. Rather than stealing data, cyberattacks on critical infrastructure and manufacturers are more likely to target industrial
Intertek and Korean Gas Safety Corporation Extend Agreement for Testing and Certification of
June 1, 2016
CHICAGO--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, and the Korean Gas Safety Corporation (KGS), the only gas safety management specialist in Korea, have expanded their partnership for the testing and certification of equipment used in explosive atmospheres. Under the expanded agreement, the two
Gryphon House Releases STEM Play
June 1, 2016
LEWISVILLE, N.C.--(BUSINESS WIRE)--A new Gryphon House book merges the hot topics of play-based learning and science, technology, engineering, and math (STEM) in early childhood classrooms. STEM Play: Integrating Inquiry into Learning Centers offers early childhood educators easy, fun, and hands-on activities to incorporate into their classrooms.
NI and Hewlett Packard Enterprise Collaborate to Make Available Pre-Tested Big Analog Data™
June 1, 2016
AUSTIN, Texas--(BUSINESS WIRE)--NI (Nasdaq: NATI) and Hewlett Packard Enterprise (HPE) (Nasdaq: HPE), announced today a collaboration to facilitate the availability of pre-tested Big Analog Data™ solutions based on NI DataFinder Server Edition software and HPE Moonshot Systems. Engineers must collect and manage sensor data that is
Axalta Coating Systems takes part in global Qualicoat and Qualideco Congress in London, England
June 1, 2016
LONDON--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, was a gold sponsor at the Qualicoat and Qualideco Congress 2016, held in London, England, recently. The global event aims to present past, present and future aspects of coating and decorating and is billed as the aluminum
Calysta Names Goldman Sachs Veteran Wenger as CFO & CSO
June 1, 2016
MENLO PARK, Calif.--(BUSINESS WIRE)--Calysta, Inc. (www.calysta.com) today named Lynsey Wenger as Chief Financial Officer and Chief Sustainability Officer. She joins Calysta following a 16-year career with The Goldman Sachs Group, where she spent the greater part of the last decade specializing in global natural resources investment banking. Ms.
F-Series Truck Sales Post 9 Percent Gain in May; Ford Vans Achieve Best May Sales in 38 Years
June 1, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company F-Series pickups posted a 9 percent gain in May, while Ford van sales reached their best May sales since 1978. The company’s total U.S. sales of 235,997 vehicles declined 6 percent versus a year ago. Ford F-Series sales of 67,412 pickups marked a 9 percent increase, boosting a 7 percent
AAMSI Appoints Dennis Zalupski as President and CEO
June 1, 2016
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Associated Aircraft Manufacturing and Sales, Inc. (AAMSI) is pleased to announce the appointment of Dennis Zalupski to the position of President and CEO. Concurrently, Mr. Zalupski will also join the Board of Directors of AAMSI. Mr. Zalupski most recently served as Senior Vice President & General Manager