Tuesday, December 10, 2019
All News
Axalta Announces North American Automotive Color of the Year 2016 – Brilliant Blue
January 7, 2016
DETROIT--Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is excited to announce its North American Automotive Color of the Year for 2016 – Brilliant Blue. The announcement comes in advance of the 2016 North American International Auto Show (NAIAS) where Axalta is the Presenting Sponsor of the NAIAS Charity
Ford Adopts Mark-to-Market for Pension and OPEB Plans; Improves Transparency of Automotive Operating
January 7, 2016
DEARBORN, Mich.--Ford Motor Company (NYSE: F) is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford’s operating performance and segment results. “Ford has delivered consistently strong operating results since 2010. The change we are announcing today in how we
Ford Motor Company to Host Conference Call on Pension and OPEB Plans
January 7, 2016
DEARBORN, Mich.--Ford Motor Company (NYSE: F) will host a conference call at 9 a.m. EST today with Bob Shanks, Ford executive vice president and chief financial officer, and Stuart Rowley, Ford vice president and controller, to provide an update on the company’s pension and OPEB plans. Representatives of the investment community and the media
Tel-Instrument Electronics Corp. Announces Third Quarter Revenues of $6.1 Million and Receipt of
January 7, 2016
EAST RUTHERFORD, N.J.--Tel-Instrument Electronics Corp. (“Tel”, or the “Company”) (NYSE MKT:TIK) today announced that FY 2016 third quarter unaudited revenues for the period ending December 31, 2015 increased to $6.1 million, a 21% increase over year ago levels. The Company also reported receipt this week of a $1.43 million
MarkForged Leads Explosive Growth in 3D Printing Technologies for Manufacturing
January 7, 2016
CAMBRIDGE, Mass.--MarkForged, Inc - a company focused on industrial strength 3D printing for businesses - is announcing today a strong finish to 2015, with 400% growth in revenue year over year. Adoption of the world’s strongest 3D printed plastics continues accelerating within and across several vertical markets including: automotive;
The Buckle, Inc. Reports December 2015 Net Sales
January 7, 2016
KEARNEY, Neb.--The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 5-week period ended January 2, 2016 decreased 5.4 percent from comparable store net sales for the 5-week period ended January 3, 2015. Net sales for the 5-week fiscal month ended January 2, 2016 decreased 4.5
Ridgemont Equity Partners Acquires Cortel Inc. and TowerCom Technologies LLC, Forms J5
January 7, 2016
DALLAS--Ridgemont Equity Partners, a middle market buyout and growth equity investor, today announced the formation of J5 Infrastructure Partners (“J5” or the “Company”). J5 is a telecommunications infrastructure service company created through a combination of Cortel Inc. (“Cortel”) and TowerCom Technologies LLC
HORN Hires Yvette Altuna as Senior Credit Manager
January 7, 2016
LA MIRADA, Calif.--HORN, one of North America’s premier distributors of specialty ingredients, chemicals and raw materials, today introduced Yvette Altuna as senior credit manager to oversee the company’s credit department. Altuna joins HORN with 18 years of experience managing credit departments in the chemical distribution industry.
Annual Sales of Natural Gas Vehicles Are Expected to Reach Nearly Four Million by 2025, According to
January 7, 2016
BOULDER, Colo.--A new report from Navigant Research analyzes the market for natural gas vehicles (NGVs), including global forecasts, broken down by vehicle segment, alternative drivetrain, and region, through 2025. The NGV market is taking off in some regions, although growth has been slower than previously projected. While drops in oil prices and
Bonsai Lab Launches Talking 3D Printer for STEM Education Market Under $500
January 7, 2016
LAS VEGAS--Bonsai Lab, Inc. launched a new made-in-Japan 3D printer FabPod(TM) and a software FabPodUI at 2016 CES (EUREKA PARK#80658). The new printer will be sold for global market at expected retail price of under US$500. FabPod(TM) is a strategic product aiming to reach STEM education market, where President Obama supports with 10 billion
Baron & Budd, Gomez Trial Attorneys, and Berkeley City Attorney File 5th PCB Lawsuit Against
January 7, 2016
BERKELEY, Calif.--Today, Baron & Budd, Gomez Trial Attorneys, and the City of Berkeley filed the fifth lawsuit of its kind against Monsanto for PCB contamination of Berkeley’s city stormwater and the San Francisco Bay. Polychlorinated biphenyls, or PCBs, are toxic chemicals which cannot be contained and last for decades. PCBs off-gas from
Arecont Vision® Price Reductions on Popular Megapixel Cameras
January 7, 2016
LOS ANGELES--Arecont Vision®, the industry leader in IP-based megapixel camera technology, has introduced new, lower Manufacturer’s Suggested Retail Pricing (MSRP) for the most popular 1MP, 1080p, and 3MP camera models. Arecont Vision designs and builds its award-winning megapixel cameras in the United States. The company works
CORRECTING and REPLACING Jacobs Wins Contract with Biogen
January 7, 2016
CORRECTION...by Jacobs Engineering Group Inc. PASADENA, Calif.--Fifth paragraph of release dated January 5, 2016, should read: Work on the facility started in late 2015. The plant is expected to be in operation by 2019. The corrected release reads:  JACOBS WINS CONTRACT WITH BIOGEN Providing EPCM Services for Manufacturing Plant in
Amkor Technology Announces Acquisition of Remaining Shares of J-Devices
January 7, 2016
TEMPE, Ariz.--Amkor Technology Inc. (Nasdaq: AMKR), a leader in semiconductor packaging, assembly and test services, today announced that on December 30, 2015, it increased its ownership interest in J-Devices Corporation from 65.7% to 100% through the exercise of previously disclosed options. “Amkor will consolidate the financial results of
Celanese Announces Ethyl Acetate Price Increase
January 7, 2016
DALLAS--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for Ethyl Acetate as previously communicated to customers. The price increase below is effective January 1, 2016, or as contracts allow.   Product USA and Canada USD/LB     Ethyl Acetate $0.05
Nine Types of Clients You Should Cut Loose in 2016
January 7, 2016
Pruning can have a huge impact on your business when you use it to cut unruly clients loose.
Kingspan Insulation, LLC to Invest $25 Million to Upgrade Manufacturing Operation
January 7, 2016
Virginia's Governor Terry McAuliffe announced today that Kingspan Insulation, LLC, a subsidiary of Ireland-based Kingspan Group PLC, will invest $25 million to upgrade its manufacturing operation in Frederick County.
KISCO Ltd. Announces Acquisition of Specialty Coating Systems, Inc.
January 7, 2016
KISCO Ltd., an international supplier of high-quality materials, products and services, has announced its acquisition of Specialty Coating Systems, Inc., a global leader in Parylene coating services and technologies.
Akro-Mils Nest & Stack Totes Now Available In Clear
January 7, 2016
Akron, Ohio — Akro-Mils, a North American leader in storage, organization and transport products, announces the expansion of its line of plastic Nest & Stack Totes with the addition of new Clear totes and lids.
Vortec Air Knives Are Ideal for Cooling, Drying and Blow-Off Applications
January 7, 2016
Air Knives from Vortec transform ordinary compressed air into a uniform sheet of amplified air that is ideal for blow-off of water and debris, high speed drying or cooling, air curtains, and more.
Saki Debuts Third Generation 3D AOI Inspection Systems
January 7, 2016
Saki also demonstrates 3D automated X-ray inspection and measurement systems
New Dillon Jaw Force Gauges Measure Productive and Safe Grip on Workpieces
January 7, 2016
New Jaw Force Gauges from Dillon Manufacturing allow users to accurately measure the force applied to each chuck jaw independently, so that problems can be diagnosed and corrected before a failure occurs.
Hobart Offers Submerged Arc Welding Flux for Chrome-Moly Steels
January 7, 2016
Hobart has specially formulated its SWX 160 submerged arc welding flux to improve weld quality on chrome-moly, creep-resistant steels.
3M Showcases Thinsulate Insulation at Outdoor Retailer, ISPO and SIA
January 6, 2016
ST. PAUL, Minn.--3M is exhibiting the latest in outdoor apparel insulation from 3M Thinsulate Insulation brand and launching its new brand purpose at three winter shows in January 2016 with in-booth activities and interactive product demonstrations. Among the innovations featured is 3M Thinsulate Featherless Insulation, awarded the 2016 ISPO
Tetra Tech Announces Planned Dates for First Quarter 2016 Results and Conference Call
January 6, 2016
PASADENA, Calif.--Tetra Tech, Inc. (NASDAQ: TTEK) announced today the planned dates for its first quarter 2016 results and conference call. On Wednesday, January 27, 2016, after market close, Tetra Tech intends to announce its first quarter 2016 results. On Thursday, January 28, 2016, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a
Court Challenges to Pittsburgh Corning Plan of Reorganization Withdrawn
January 6, 2016
PITTSBURGH--PPG Industries (NYSE:PPG) today announced that all pending appeals of the Pittsburgh Corning Plan of Reorganization have been withdrawn. The Pittsburgh Corning Plan was confirmed by the U.S. Bankruptcy Court for the Western District of Pennsylvania in May 2013. Under the plan, PPG and its participating insurers will make initial
IDEX Corporation to Webcast Fourth Quarter 2015 Earnings Call
January 6, 2016
LAKE FOREST, Ill.--IDEX CORPORATION (NYSE: IEX) announced today that it has scheduled the broadcast of the company’s fourth quarter earnings conference call over the Internet on Thursday, January 28, 2016 at 9:30 a.m. CT. Chairman and Chief Executive Officer Andrew Silvernail and Senior Vice President and Chief Financial Officer Heath Mitts
Sealed Air Announces Upcoming Event with the Financial Community
January 6, 2016
CHARLOTTE, N.C.--Sealed Air Corporation (NYSE:SEE) today announced that it will participate in the following event with the financial community during the month of January 2016: BNP Paribas High Yield & Leveraged Finance Conference January 14, 2016 London, UK 9:05 a.m. (GMT) Carol P. Lowe, Senior Vice President and Chief Financial Officer
Richardson Electronics Reports Second Quarter Fiscal 2016 Results and Declares Quarterly Cash
January 6, 2016
LAFOX, Ill.--Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended November 28, 2015. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. Net sales for the second quarter of fiscal 2016 were $34.1 million, a 0.7% increase, compared to net
Macy’s, Inc. Outlines Cost Efficiency Initiatives and Lists Store Locations to Be Closed
January 6, 2016
CINCINNATI--Macy’s, Inc. (NYSE:M) today announced a series of cost-efficiency and process improvement measures to be implemented beginning in early 2016 that will reduce SG&A expense by approximately $400 million while still investing in growth strategies, particularly in omnichannel capabilities at Macy’s and Bloomingdale’s.
Liquidmetal Technologies Receives ISO 9001:2008 Certification
January 6, 2016
RANCHO SANTA MARGARITA, Calif.--Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the world’s leading developer of amorphous alloys, received its formal ISO 9001:2008 certification, adding an important quality accreditation to the company. “Our business has a strong commitment to ongoing quality and customer satisfaction. Receiving our
Almonty Industries Inc. Announces Its Subsidiary, Almonty Korea Tungsten Corporation, Signs
January 6, 2016
TORONTO & SEOUL, Republic of Korea--Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII) announces that on January 5, 2016 that its subsidiary, Almonty Korea Tungsten Corporation (“AKTC”) has signed an agreement with Korea Engineering Consultants Corporation (“KECC”) to conduct detailed
Xerium Technologies Announces the Appointment of New Board Member
January 6, 2016
YOUNGSVILLE, N.C.--Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, today announced the appointment of Mr. Alexander Toeldte to the Company’s Board of Directors. Mr. Toeldte is currently an Operating Director at Paine & Partners, LLC, a private equity firm. Prior to this, he
Oshkosh Corporation Announces Retirement of Defense Segment President, John M. Urias
January 6, 2016
OSHKOSH, Wis.--Oshkosh Corporation (NYSE: OSK), a leading manufacturer of specialty and military vehicles, announced today that John M. Urias, executive vice president of Oshkosh Corporation and president of Oshkosh Defense, LLC., will retire effective February 6, 2016, to attend to matters regarding the health of his family. Mr. Urias has served
ESI Group: Acquisition of ITI GmbH, a Global Leader in the Realistic Simulation of Mechatronic and
January 6, 2016
PARIS--Regulatory News: Esi Group (Paris:ESI) Alain de Rouvray, ESI Group’s Chairman and CEO, says: “This operation will enable two leaders and two complementary types of model representation in virtual engineering to come together: ESI, which has unique expertise in multi-domain solutions for virtual physical prototypes of
COWI Strengthens Structure in North America
January 6, 2016
NORTH VANCOUVER, BC--Three well-known specialized bridge, tunnel and marine engineering consultants have combined to drive the growth of COWI in North America. Effective January 1, 2016, COWI-owned companies Buckland & Taylor and Jenny Engineering Corporation join with sister company COWI Marine North America to become COWI North America. As a
Clean Harbors to Present at the 18th Annual Needham Growth Conference
January 6, 2016
NORWELL, Mass.--Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental, energy and industrial services throughout North America, today announced that Vice Chairman and President James M. Rutledge will be presenting at the 18th Annual Needham Growth Conference in New York City. Clean Harbors’
LP Celebrates Ground Breaking of FlameBlock® Fire-Rated OSB Sheathing Line at Clarke County,
January 6, 2016
NASHVILLE, Tenn.--Louisiana-Pacific Corporation (NYSE: LPX) today broke ground on a project that will add a FlameBlock® Fire-Rated OSB Sheathing line at its Clarke County, Ala., oriented strand board (OSB) mill. Dignitaries from around the area joined LP officials in celebrating the groundbreaking for a new building that will house the
Scio Diamond Showcased on TV Program
January 6, 2016
GREENVILLE, S.C.--Scio Diamond Technology Corp. (OTCBB: SCIO), a leading lab-grown diamond producer, was featured recently on Made in the Carolinas, a regular program on Time Warner Cable News. The program shows how Scio Diamond creates diamonds in its laboratory using its patented chemical vapor deposition (CVD) process. On the show, Scio Diamond
JW Aluminum Completes Recapitalization to Support Strategic Plans
January 6, 2016
GOOSE CREEK, S.C.--JW Aluminum Company (“JWA” or the “Company”) announced that on December 29, 2015, it closed on a new $90 million asset based revolving credit facility. Proceeds from the new facility were used to pay off previous revolving loans. This refinancing completed the recapitalization of JWA that began in November
American Software to Present at Upcoming Investor Conference
January 6, 2016
ATLANTA--American Software, Inc. (NASDAQ: AMSWA), a global provider of Supply Chain and ERP business software and solutions, announced its Chief Financial Officer, Vincent Klinges, will be presenting at the following investor conference discussing the Company’s software offerings, industry position and drivers, growth strategy and customer
Audax Private Equity Acquires Source Refrigeration & HVAC, Inc.
January 6, 2016
BOSTON--Audax Private Equity today announced that it has partnered with management to acquire Source Refrigeration & HVAC, Inc. (“Source”) from Arsenal Capital Partners. Terms of the transaction were not disclosed. Source, headquartered in Anaheim, CA, is a leading independent provider of commercial refrigeration and HVAC services
AKHAN Semiconductor Deploys 200mm Manufacturing Process in New Diamond-Based Chip Production
January 6, 2016
CHICAGO--AKHAN Semiconductor, Inc. (AKHAN SEMI), the global leader in diamond semiconductor technology, today announced that it is deploying 200mm manufacturing equipment and process in its new production facility in Gurnee, Illinois, continuing its preparation for delivering AKHAN diamond semiconductor based-technology products to the
VORAGO Technologies Appoints Semiconductor Veteran to Executive Team
January 6, 2016
AUSTIN, Texas--VORAGO Technologies, the leading provider of radiation and extreme heat-hardened embedded systems technology, today announced it has appointed Kevin Klein as its Vice President and General Manager of Products and Licensing. Klein will drive VORAGO’s strategy to provide customers with off-the-shelf semiconductor products, as
Vicor Corporation’s New Addition of High Density PFM AC-DC Front-End Modules Now Available Through
January 6, 2016
THIEF RIVER FALLS, Minn.--Global electronic components distributor Digi-Key Electronics, the industry leader in electronic component selection, availability and delivery, today announced they will be distributing Vicor Corporation’s new family of high density PFM® AC-DC front-end modules in the rugged VIA package that offers superior
Crane Co. Announces Date for Fourth Quarter 2015 Earnings Release and Teleconference
January 6, 2016
STAMFORD, Conn.--Crane Co. (NYSE:CR) announces the following schedule and teleconference information for its fourth quarter 2015 earnings release: Earnings Release: January 25, 2016 after close of market by public distribution and the Crane Co. website at www.craneco.com. Teleconference: January 26, 2016 at 10:00 AM (Eastern) hosted by Max H.
3M Announces Upcoming Investor Events
January 6, 2016
ST. PAUL, Minn.--3M (NYSE:MMM) today announced the following investor events: Fourth-quarter 2015 earnings conference call on Tuesday, Jan. 26, 2016, at 8 a.m. CST. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Barclays Industrial Select Conference in Miami Beach, Fla., on Thursday, Feb.
Ford CEO Mark Fields to Present at Deutsche Bank Global Auto Industry Conference
January 6, 2016
DEARBORN, Mich.--On Tuesday, Jan. 12, Mark Fields, Ford Motor Company (NYSE:F) president and chief executive officer, will speak at the 2016 Deutsche Bank Global Auto Industry Conference in Detroit. The presentation will begin at approximately 6:45 p.m. EST. Following the presentation, Fields, along with other Ford executives, will conduct a
INVISTA Receives Patent for Bio-Derived Raw Materials Technology Developed Through Collaboration
January 6, 2016
WICHITA, Kan.--The United States Patent and Trademark Office recently granted INVISTA a U.S. patent for bio-derived raw materials technology. The patent is for engineered polypeptides and their related crystal structure details, which are both useful for producing bio-derived compounds such as butadiene and isoprene. INVISTA collaborated with
Rudolph Technologies to Present at 18th Annual Needham Growth Conference
January 6, 2016
FLANDERS, N.J.--Rudolph Technologies, Inc. (NYSE: RTEC), a leading provider of process characterization equipment, lithography equipment and software for wafer fabs and advanced packaging facilities, announced that Michael P. Plisinski, the Company’s chief executive officer, and Steven R. Roth, chief financial officer, will present at Needham