Saturday, October 20, 2018
All News
Littelfuse Honors Mouser Electronics as 2015 Channel Excellence Recipient for High Service/Catalog
June 9, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., the global leader in circuit protection, has awarded Mouser Electronics its Channel Excellence Award for 2015. Littelfuse presented the award to Mouser Electronics, a global authorized distributor with the newest semiconductors and electronic components, at the recent 2016 Electronic Distribution Show
CORRECTING and REPLACING IHS Clarifies Autonomous Vehicle Sales Forecast – Expects 21 Million
June 9, 2016
CORRECTION...by IHS Inc. SOUTHFIELD, Mich.--(BUSINESS WIRE)--Correcting and replacing release dated June 7, 2016 due to multiple revisions and with clarifications from IHS on its forecast for autonomous vehicle sales. The corrected release reads: IHS CLARIFIES AUTONOMOUS VEHICLE SALES FORECAST – EXPECTS 21 MILLION SALES GLOBALLY IN THE YEAR
Astro Pak Corporation Acquires Chemko Technical Services, Inc.
June 9, 2016
COSTA MESA, Calif.--(BUSINESS WIRE)--Astro Pak Corporation is pleased to announce the acquisition of Florida based company Chemko Technical Services, Inc. Astro Pak’s newly acquired AS9100 Certified Class 10,000 Cleanroom facility in Florida equips the company to better serve the precision cleaning, testing and passivation requirements for
SAS has reached an agreement with the Norwegian pilots' unions
June 9, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: The negotiations between SAS (STO:SAS)(OSE:SASNOK) and the pilots' unions NSF and SNF in Norway have been concluded. The parties have agreed to new collective bargaining agreements and all SAS-flights to, from and in Norway will depart as scheduled. SAS has been in negotiations with the two pilots'
SKF Consolidates Manufacturing Facilities in North America
June 9, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--SKF (STO:SKFB) (STO:SKFA) (Pink Sheets:SKFRY) (LSE:SKFB) today announces the consolidation of its manufacturing facilities in North America, including the closure of its sites in San Diego, California and Baltimore, Maryland. Restructuring costs are expected to amount to around SEK 300 million, of which
Hydroid Engineering and Operations Appraised at CMMI Level 3
June 9, 2016
POCASSET, Mass.--(BUSINESS WIRE)--Hydroid, Inc., a subsidiary of Kongsberg Maritime and a leading manufacturer of marine robotic systems, today announced it was appraised at level 3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI)®. The appraisal was performed by JFR Consulting, and included a comprehensive examination
C&J Industries Adds New Capacity and New Technology
June 9, 2016
MEADVILLE, Pa.--(BUSINESS WIRE)--C&J Industries announced the purchase of three, all-electric Sumitomo presses to provide increased capacity in the small and medium tonnage range. The company purchased two, 250-Ton presses with 22 oz. barrels, along with one, 50-Ton press with a 1.3 oz. barrel. “C&J is strategically partnering with
PPG Donates $5,000 to United Way of Greater Moncton and Southeastern New Brunswick
June 9, 2016
MONCTON, New Brunswick--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced a $5,000 donation to the United Way of Greater Moncton and Southeastern New Brunswick. Made on behalf of PPG’s architectural coatings business, which operates a local distribution center, the grant will help the organization improve lives by offering programs that move
Intertek Reinforces the Value of Engagement with the Official Launch of Phase 3 of the Canadian
June 9, 2016
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, can help companies address challenges in the risk assessment and risk management activities planned for Phase 3 of the Canadian Chemicals Management Plan (CMP3). Experts with Intertek’s Scientific and Regulatory Consultancy are
New Ford Fusion Sport Gives Owners of German Sedans 380 Reasons to Change Their Lederhosen
June 9, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford is adding serious EcoBoost® muscle to its Fusion sedan in an all-out assault on more expensive German sport sedans. Following on the success of Explorer Sport, which has seen one in five buyers come over from recent Audi, BMW and Mercedes-Benz experiences, Ford has its eyes not only on owners of
80edays China Team to Drive a DENZA Electric Car in an Around-the-World Electric Vehicle Rally,
June 9, 2016
LOS ANGELES--(BUSINESS WIRE)--On 16 June 2016, the 80edays China Team will depart from Barcelona, Spain in a DENZA electric vehicle (EV) on an around-the-world rally with 10 other teams driving Tesla EVs. The China Team pilot Andrew Yi Zong, an environmentally conscious electric car enthusiast, has selected a DENZA, the Sino-German joint venture
Drone USA, Inc. Signs Letter of Intent to Acquire West Coast Premium Supplier
June 9, 2016
NEW YORK--(BUSINESS WIRE)--Drone USA, Inc. (OTC Markets:TWDLD) (“Drone USA” or the “Company”), a developer and manufacturer of low altitude Unmanned Aerial Vehicles (UAV) and related technologies, announced today that the Company has submitted a letter of intent to acquire a west coast distributor (“the seller”)
Eaton to Help U.S. Army Upgrade Electrical Utility, Critical Power and Cybersecurity Systems at Fort
June 9, 2016
PITTSBURGH--(BUSINESS WIRE)--Power management company Eaton today announced a $20 million contract from the U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville, to lead complete electrical utility upgrades for normal and critical power systems at Fort Gordon in Augusta, Georgia. Under the multi-year agreement, Eaton will
New Cree LN Series Luminaire Now Available
June 9, 2016
DURHAM, N.C.--(BUSINESS WIRE)--The award-winning Cree (Nasdaq: CREE) LN Series suspended luminaire is now available to ship. With its stunning architectural design and breakthrough WaveMax™ Technology, the Cree® LN Series suspended luminaire creates better light from every angle: beautiful and efficient, simple to install, and
GE Signs Digital Power Plant Agreement with Hubco for Pakistan’s Largest Steam Power Plant
June 9, 2016
SCHENECTADY, N.Y.--(BUSINESS WIRE)--GE (NYSE:GE) has signed a contract with Hubco to provide its digital industrial solutions for the 1,292-megawatt (MW) Hubco power plant in Baluchistan, Pakistan. Commissioned in 1997, the plant operates four 323-MW generating units. Additionally, it’s the largest independent steam power plant in Pakistan
IronPlanet Holds Third Cat Auction Services Unreserved Public Auction in Edmonton, Alberta, Hosted
June 9, 2016
PLEASANTON, Calif.--(BUSINESS WIRE)--IronPlanet: Who:     IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, returns to Edmonton this month, with its latest Cat Auction Services unreserved public auction to be held on Wednesday, June 22, 2016. The event will be hosted by Finning.
Monsanto Board Approves Dividend of 54 Cents Per Share
June 9, 2016
ST. LOUIS--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) announced today that its Board of Directors declared a quarterly dividend on its common stock of 54 cents per share. The dividend relates to the company’s third quarter of its 2016 fiscal year and is payable on July 29, 2016, to shareowners of record on July 8, 2016. About Monsanto
L-3 Awarded U.S. Air Force KC-10 Contractor Logistics Support Contract
June 9, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that its Vertex Aerospace division was awarded a contract from the U.S. Air Force (USAF) to provide full contractor logistics support (CLS) for the KC-10 aircraft. The total approximate value of this indefinite-delivery/indefinite-quantity contract is up to $1.9 billion over a
Orbital ATK to Present at Citi’s 2016 Industrials Conference on June 14
June 9, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that David W. Thompson, President and Chief Executive Officer, will make a presentation on June 14 at Citi’s 2016 Industrials Conference in Boston, MA. Mr. Thompson’s presentation is scheduled to begin at
TSG Consumer Partners Completes Investment in Canyon Bicycles
June 9, 2016
SAN FRANCISCO & KOBLENZ, Germany--(BUSINESS WIRE)--TSG Consumer Partners LLC ("TSG"), a leading strategic equity investor in high-growth consumer brands, today announced that it has completed a significant minority investment in Canyon Bicycles GmbH (“Canyon”). Financial terms of the transaction were not disclosed. Headquartered in
Valmie Resources’ AeroLift eXpress Meets with Drone Hardware Manufacturer in Preparation for
June 9, 2016
HOUSTON--(BUSINESS WIRE)--Valmie Resources Inc. (VMRI) announces its joint venture partner -- AeroLift eXpress – met with its drone hardware manufacturer this week in Arizona to discuss delivery timetables and the process for scheduling an initial order. AeroLift’s move toward executing its first commercial drone hardware order comes as
Paroc Ltd: PAROC Calculus – designing technical insulations has never been so easy!
June 9, 2016
HELSINKI--(BUSINESS WIRE)--Proper design and installation of an insulation layer is critical to both HVAC systems’ and process industry pipelines’ safety and energy efficiency. Just as in the case of building insulations, it is crucial to provide certain pipes, ducts and equipment with the best-suited technical insulation solutions,
Ener-Core and Dresser-Rand Business Initiate Operation and Full Scale Test of First 2 MW System
June 9, 2016
IRVINE, Calif.--(BUSINESS WIRE)--Ener-Core, Inc. (OTCQB:ENCR), the world’s only provider of Power Oxidation technology and equipment that generates clean power from waste and low-quality gases from a wide variety of industries, initiated its Full Scale Acceptance Test (FSAT) connecting the company’s first-ever 2 MW Power Oxidizer with
Autodesk to Webcast Its Annual Meeting of Stockholders
June 9, 2016
SAN RAFAEL, Calif.--(BUSINESS WIRE)--Autodesk, Inc. (NASDAQ:ADSK) today announced that it will broadcast its annual meeting of stockholders live via its website on Wednesday, June 15th at 3:00 p.m. Pacific Time. The live webcast will be available through Autodesk's Investor Relations website at www.autodesk.com/investors. Please go to the website
‘Paving the Way for Grid Modernization’ the Focus of 2016 IEEE Power & Energy
June 9, 2016
PISCATAWAY, N.J.--(BUSINESS WIRE)--The IEEE Power & Energy Society (PES) today announced its annual General Meeting is being held at the Sheraton Boston Hotel, Boston, Massachusetts, 17-21 July 2016. Providing an international forum for experts to promote, share and discuss various issues and developments in the field of electrical power
Newell Brands to Present at Deutsche Bank Global Consumer Conference
June 9, 2016
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NYSE: NWL) today announced that Chief Executive Officer Michael Polk will present at the Deutsche Bank Global Consumer Conference in Paris, France. The presentation will begin at 8:45 a.m. EDT (2:45 p.m. CEST) on Thursday, June 16, 2016. The presentation will be webcast live and may be accessed through
Hexion’s Oilfield Technology Group Expanding Canadian Proppant Manufacturing Plant
June 9, 2016
HOUSTON--(BUSINESS WIRE)--The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) today announced the expansion of its resin coated proppant manufacturing facility in Canada to provide a more efficient supply of proppants to fracturing service companies and operators in the oil and gas industry. Hexion’s proppant plant located in Sturgeon
MAG and Logos Technologies Successfully Test Wide-Area Sensor for On-Demand Airborne ISR Services
June 9, 2016
FAIRFAX, Va.--(BUSINESS WIRE)--MAG Aerospace and Logos Technologies announced today that the ultra-light Redkite wide-area motion imagery (WAMI) sensor has been successfully tested aboard a Cessna 206 turboprop in Carthage, North Carolina. The airborne test, which took place in late May, proved the viability of WAMI as an on-demand airborne service
AECOM to present at the William Blair 36th Annual Growth Stock Conference on June 14
June 9, 2016
LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that President Stephen M. Kadenacy and Chief Financial Officer W. Troy Rudd will present at the William Blair 36th Annual Growth Stock Conference in Chicago. AECOM’s presentation is scheduled for Tuesday, June 14, at 7:30
Allied Electronics Wins Award for Distributor of the Year by CHERRY/ZF Electronics
June 9, 2016
FORT WORTH, Texas--(BUSINESS WIRE)--Allied Electronics, a trading brand of Electrocomponents plc (LSE: ECM), was honored with the “Distributor of the Year” Award by CHERRY/ZF Electronics at EDS 2016, the premier electronics distribution event, held last month in Las Vegas, NV. The “Distributor of the Year” was awarded to
Panasonic Scales up Eutelsat Capacity over Asia Pacific for in-Flight Internet and TV Services
June 9, 2016
PARIS--(BUSINESS WIRE)--Regulatory News: Eutelsat Communications (Paris:ETL) today announced that Panasonic Avionics Corporation (Panasonic), the largest provider of in-flight entertainment and communications services, has booked additional capacity on the EUTELSAT 172A satellite to deliver broadband connectivity and TV services to commercial
ISG: ISG’s New CEO Makes First Key Appointment
June 9, 2016
LONDON--(BUSINESS WIRE)--ISG’s new CEO, Paul Cossell, has announced his first key appointment as Damian Farr is promoted to the newly created role of managing director for the company’s Engineering Services business across Europe. Damian heads up a specialist team that has delivered over £1 billion, or over three million sq ft, of
Fujitsu Delivers New Family of UHF RFID Tags for Linens, Fashion Apparel and Accessories for
June 9, 2016
FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Fujitsu Frontech North America Inc., a leader in innovative technology and front-end solutions has announced today that it is now shipping its new Ultra-High Frequency (UHF) RFID tags for industrial garments and flat linens as well as their new Fashion tag for formal wear, high fashion apparel, garments, and
Stora Enso Oyj: Stora Enso increases its fluff pulp capacity at Skutskär Mill in Sweden
June 9, 2016
HELSINKI, Finland--(BUSINESS WIRE)--Regulatory News: The investment will enhance Skutskär Mill’s profitability and long-term competitiveness by increasing fluff production by approximately 160 000 tonnes annually. The mill’s softwood capacity is expected to be reduced by 160 000 tonnes, starting from year 2018. The total
Dassault Systèmes and Airbus Group Extend Collaboration to Additive Manufacturing
June 9, 2016
VÉLIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--Regulatory News: Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that Airbus Group, after a two-year comprehensive benchmarking process, is
CEMEX Announces Pricing of €400 Million in Senior Secured Notes
June 9, 2016
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE:CX) announced today the pricing of €400 million of 4.625% Senior Secured Notes due 2024 denominated in Euros (the “Notes”) of its indirect wholly-owned subsidiary, CEMEX Finance LLC. The Notes will bear interest at an annual rate of 4.625%
5 Most Exciting Military Technologies
June 9, 2016
The 5 most intriguing non-classified projects from the research arm of the U.S. Military.
Robotics Boom Brings Back Growth to Global Motion Control Market
June 9, 2016
After drumming in 2015, global motion controls market is poised for comeback.
Polycrystalline Diamond Insert for T-A® Drill by Allied Machine
June 9, 2016
PCD insert makes clean holes with minimal delamination in CFRP throughout long tool life
LYTSwitch-1 LED Driver ICs From Power Integrations Reduce Complexity in Bulbs, Tubes and Ballasts up
June 8, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI), the leader in high-efficiency, high-reliability LED driver ICs, today announced its LYTSwitch™-1 single-stage, non-isolated, buck topology LED driver IC family. Featuring a very compact footprint, the IC enables the design of LED bulbs and tubes with high constant-current
Rockwell Automation Declares Quarterly Dividend on Common Stock
June 8, 2016
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK) today declared a quarterly dividend of 72.5 cents per share on its common stock, payable on Sept. 12, 2016, to shareowners of record at the close of business on Aug. 15, 2016. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated
KMG Declares Quarterly Dividend
June 8, 2016
FORT WORTH, Texas--(BUSINESS WIRE)--KMG (NYSE: KMG), a global provider of specialty chemicals, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable June 30, 2016 to shareholders of record June 17, 2016. As of April 30, 2016, there were approximately 12.0 million KMG
American Securities Completes Acquisition of 57% of Blue Bird Corporation
June 8, 2016
FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today the closing of the second and final tranche of the acquisition by an affiliate of American Securities LLC from The Traxis Group B.V., an affiliate of Cerberus Capital Management, L.P., of a
Gables Energy Partners Forms New Company, Encina Solutions, LLC
June 8, 2016
CORAL GABLES, Fla.--(BUSINESS WIRE)--Gables Energy Partners, LLC today announced ENCINA, a new petrochemicals company. Encina will build, own, and operate small to midsized petrochemical plants in key markets utilizing established technologies. Encina has been formed as a separate company, with David Schwedel serving as lead investor and Executive
FREE Registration for Midwest Investment Conference 2016 Extended Through June 20 for CFA Institute
June 8, 2016
CLEVELAND--(BUSINESS WIRE)--CFA Society Cleveland leaders today announced free registration is extended for all CFA Institute members through June 20. Midwest Investment Conference 2016 will be held at the Renaissance Cleveland Hotel in downtown Cleveland on June 22, 2016. The event will feature senior management teams from publicly traded
ABRA Auto Body & Glass Enrolling Students in Career Development Academy
June 8, 2016
MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a leading national damaged vehicle repair company, announced it is now enrolling students into its state-of-the-art Career Development Academy. The Academy, located in Eagan, Minnesota, is set to open later this summer. ABRA is launching the Career Development Academy in response to an
The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
June 8, 2016
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE:TJX) today announced the declaration of a quarterly dividend on its common stock of $.26 per share payable September 1, 2016, to shareholders of record on August 11, 2016. About The TJX Companies, Inc. The TJX Companies, Inc. is the leading off-price retailer of apparel and home
OSI Creative Introduces Shelf Stalker™ Flex
June 8, 2016
IRVINE, Calif.--(BUSINESS WIRE)--OSI Creative, a leading provider of global supply chain managed solutions for point-of-purchase displays (POP), consumer product packaging and branded merchandise programs, today introduced Shelf Stalker™ Flex, the latest addition to its successful line of Shelf Stalker POP products for in-store marketing.
MiTek’s Houston Warehouse is Fully Operational, Offering Seven-State Delivery of USP
June 8, 2016
CHESTERFIELD, Mo.--(BUSINESS WIRE)--MiTek today announced that its expanded Houston, TX warehouse is now fully operational, providing more stock and improved delivery for a wide range of products, including USP Structural Connectors, USP Epoxy and fasteners, MiTek truss connector plates, and Hardy Frame shear wall systems. The new warehouse offers
Implementation of CAFC Limits Will Push OEMs to Rethink Their EV Product Strategy in China, Says
June 8, 2016
LONDON--(BUSINESS WIRE)--According to the latest research study released by Technavio, the electric vehicle market in China is expected to reach 1.42 million units in shipment by 2020. This research report titled ‘Electric Vehicle Market in China 2016-2020’, provides an in-depth analysis of market growth in terms of revenue and emerging