Tuesday, December 11, 2018
All News
Michael Klein Joins Harvest Partners as Advisor
June 13, 2016
NEW YORK--(BUSINESS WIRE)--Harvest Partners, LP (“Harvest”), a New York based private equity investment firm specializing in management buyouts and recapitalizations of middle-market companies, announced the appointment of Michael J.P. Klein as an Advisor. Mr. Klein will support the firm in identifying and evaluating investment
CSW INDUSTRIALS (CSWI) SHAREHOLDER ALERT – Andrews & Springer LLC is Investigating CSW
June 13, 2016
WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against CSW Industrials, Inc. (NASDAQGS:CSWI) (“CSW Industrials” or the
Cumulocity, and its Strategic Partner Deutsche Telekom, Simplify Industry 4.0 Deployments with its
June 13, 2016
DÜSSELDORF, Germany--(BUSINESS WIRE)--Cumulocity’s Cloud Field Bus solution fundamentally simplifies the real-world concerns of customers connecting their “machines” in an easy and productive way. There is neither a lengthy integration process nor special training required to connect “machines”. Cumulocity’s
Comtech Announces Launch of Public Offering of its Common Stock
June 13, 2016
MELVILLE, N.Y.--(BUSINESS WIRE)--June 13, 2016-- Comtech Telecommunications Corp. (the “Company” or “Comtech”) (NASDAQ: CMTL) today announced the commencement of an underwritten public offering of up to $100 million of shares of its common stock, subject to market conditions. All of the shares in the offering are to be sold
Gaming Brand and Social Media Giant Join Forces on Latest BizWireTV Accelerator Report
June 13, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV Accelerator Report, Blizzard Entertainment and Facebook team up to innovate communication between gamers around the world. Also featured in the episode is this week’s startup standout, a brand named the most disruptive fintech startup of 2016 at the annual Benzinga Fintech Awards . Now
Brazos Private Equity Partners Announces Sale of Ennis-Flint
June 13, 2016
DALLAS--(BUSINESS WIRE)--Brazos Private Equity Partners, LLC, a Dallas-based private investment firm, announced today the sale of Ennis-Flint (or the “Company”), the global leader in pavement markings and traffic safety solutions, to an affiliate of Olympus Partners. Financial terms of the transaction were not disclosed. Ennis-Flint is
Reynolds Group Holdings Limited Announces Commencement of Tender Offers
June 13, 2016
NEW YORK--(BUSINESS WIRE)--Reynolds Group Holdings Limited (“Reynolds Group”) announces that its wholly-owned subsidiaries, (1) Reynolds Group Issuer LLC, Reynolds Group Issuer Inc., Reynolds Group Issuer (Luxembourg) S.A., (each, a “Reynolds Company” and collectively, the “Reynolds Companies”), have jointly
Reynolds Group Holdings Limited Announces Launch of Senior Secured Notes and Senior Notes Offering
June 13, 2016
NEW YORK--(BUSINESS WIRE)--Reynolds Group Holdings Limited (“Reynolds Group”) today announced that through its wholly owned subsidiaries it intends to commence a private offering of $2,100 million aggregate principal amount of Senior Secured Notes, comprised of Senior Secured Fixed Rate Notes due 2023 and Senior Secured Floating Rate
AECOM and Trimble Pioneering Use of Mixed-Reality Technology for Engineering and Construction
June 13, 2016
LOS ANGELES & SUNNYVALE, Calif.--(BUSINESS WIRE)--AECOM (NYSE:ACM) and Trimble (NASDAQ:TRMB) are collaborating on the world’s first use of Microsoft HoloLens “mixed-reality” technology for engineering and construction. AECOM has launched a pilot program with Trimble to apply the technology to projects on three continents.
SAIC Announces Financial Results for the First Quarter of Fiscal Year 2017
June 13, 2016
MCLEAN, Va.--(BUSINESS WIRE)--Science Applications International Corporation (NYSE: SAIC), a leading technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets, today announced financial results for the first quarter ended May 6, 2016. “SAIC
SpaceResources.lu: Luxembourg Government and Planetary Resources sign MoU to develop activities
June 13, 2016
LUXEMBOURG--(BUSINESS WIRE)--The Luxembourg Government, the public-law banking institution “Société Nationale de Crédit et d’Investissement” (SNCI) and U.S.-based aerospace technology company Planetary Resources have signed a Memorandum of Understanding (MoU) providing the framework for their cooperation
Air Lease Corporation takes Delivery of its First new Boeing 787 Dreamliner
June 13, 2016
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) delivered its first Boeing 787 in Everett, Washington on June 7, 2016. The aircraft, a Boeing 787-9 on long term lease to Hainan Airlines, is the first of two new Boeing 787-9 deliveries from ALC’s order book with Boeing. The second 787-9 is scheduled to deliver this fall. This
MacroAir Launches European Distribution Center
June 13, 2016
SAN BERNARDINO, Calif.--(BUSINESS WIRE)--MacroAir, the inventor of the HVLS (High Volume, Low Speed) fan, has opened a European distribution center in Valencia, Spain to serve its rapidly growing base of European distributors. Investing in a manufacturing and distribution operation in the European Union provides a strategic advantage for all
OriginClear Enters Into Joint Development and Commercialization Agreement with Park Rich
June 13, 2016
LOS ANGELES & HONG KONG--(BUSINESS WIRE)--OriginClear, Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, today announced that its wholly-owned subsidiary, OriginClear Hong Kong (OCHK), has agreed that OCHK has entered into a Joint Development and Commercialization Agreement with Hong Kong-based water treatment engineering
Trelleborg acquires manufacturer of silicone components for the medical device market
June 13, 2016
TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Trelleborg has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire Specialty Silicone Fabricators Inc. (SSF), a U.S.-based privately-owned manufacturer of high-precision silicone components for medical technology original equipment manufacturers (OEMs). The
ABB appoints Sami Atiya as Head of Discrete Automation and Motion division
June 13, 2016
ZURICH--(BUSINESS WIRE)--Regulatory News: Globally experienced leader Atiya brings proven portfolio leadership experience and deep understanding of digital revolution in industry ABB has appointed Sami Atiya to its Executive Committee as President of the Discrete Automation and Motion (DM) division, effective June 13, 2016. He succeeds Pekka
Oshkosh Defense Features the Joint Light Tactical Vehicle at Eurosatory 2016
June 13, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, will showcase its Joint Light Tactical Vehicle (JLTV) at Eurosatory on June 13-17 in Paris, France. The Oshkosh JLTV is the next-generation light tactical wheeled vehicle that delivers unmatched protection, speed and off-road mobility over the most
Centerless Grinding Process by Glebar
June 13, 2016
Speeds up creation of fuel injection nozzle valves
RFID Advances Are Building Smarter Factories
June 11, 2016
Four ways RFID improves manufacturing processes
Celanese Announces Acetic Acid Price Increase in EMEA
June 10, 2016
DALLAS & FRANKFURT, Germany--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for acetic acid in the European region. The price increase below will be effective July 1, 2016, or as contracts allow.       Product    
Six ICT Trends Seen at COMPUTEX 2016
June 10, 2016
TAIPEI, Taiwan--(BUSINESS WIRE)--At COMPUTEX, the leading global ICT show with a complete supply chain, six trends were seen this year that reflected the global information and communications technology (ICT) industry’s emerging trends. Also highlighted was Taiwan’s strategic regional location in Asia (within one-to-four hours) of major
ePIPE® Awarded Canadian Patent: A Proven Solution for Water Conservation and Reducing Lead Leaching
June 10, 2016
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pipe Restoration Technologies, LLC (PRT), makers of the ePIPE® Lead-Free, Leak-Free™ pipe restoration product line, announced today that it has been awarded Canadian Patent # 2674439 for the ePIPE in-place epoxy coating system. This innovative pipe restoration technology effectively and safely
Carlisle Acquires Micro-Coax
June 10, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced the acquisition of Micro-Coax, Inc., a leading global supplier of high-performance, high frequency coaxial wire and cable, and cable assemblies for mission-critical RF/microwave applications for defense, satellite, test and measurement and other industrial
Schnitzer Third Quarter Fiscal 2016 Earnings Date and Conference Call
June 10, 2016
PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) will report its third quarter fiscal 2016 financial results on Thursday, June 30, 2016, and will webcast a conference call to discuss the performance at 11:30 a.m. Eastern on the same day. The webcast of the call and the accompanying slide presentation may be accessed
SAS: Swedish pilot union SPF choose to go on strike, thousands of passengers affected
June 10, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: SAS: (STO:SAS)(OSE:SASNOK) The Swedish pilot union has called 400 members on short haul flights out on strike. Both domestic and European flights from Sweden are cancelled, affecting many thousand passengers. Long-haul flights from Sweden to the US will continue to proceed as planned. The strike
Growing Emphasis on Technology and Smart Features Will Significantly Propel the Washing Machine
June 10, 2016
LONDON--(BUSINESS WIRE)--According to the latest research report released by Technavio, the washing machine market in the US is likely to reach USD 7.46 billion in revenue by 2020. This report titled ‘Washing Machine Market in the US 2016-2020‘, provides an in-depth analysis of the market in terms of revenue and emerging trends. To
ATI Wins Cogswell Security Award
June 10, 2016
SUMMERVILLE, S.C.--(BUSINESS WIRE)--Advanced Technology International (ATI) announced today that it has won a James S. Cogswell Outstanding Industrial Security Achievement Award. The Cogswell Award, named in honor of the late Air Force Col. James S. Cogswell, the first Chief of the Unified Office of Industrial Security, is the most prestigious
Widening Application Base Set to Boost the Satellite-based Earth Observation Market in APAC Through
June 10, 2016
LONDON--(BUSINESS WIRE)--According to the latest market research report by Technavio, the satellite-based earth observation (EO) market in APAC is expected to reach USD 2.65 billion by 2020. In this report, Technavio covers the present scenario and growth prospects of the satellite-based earth observation market in APAC for 2016-2020. To calculate
L-3 to Present at Citi’s 2016 Industrials Conference
June 10, 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 Citi’s 2016 Industrials Conference on Wednesday, June 15 in Boston. The
GE Board of Directors Authorizes Regular Quarterly Dividend
June 10, 2016
FAIRFIELD, Conn.--(BUSINESS WIRE)--The Board of Directors of GE (NYSE: GE) today declared a $0.23 per share dividend on the outstanding common stock of the Company payable July 25, 2016 to shareowners of record at the close of business on June 20, 2016. The ex-dividend date is June 16, 2016. About GE GE (NYSE: GE) is the world’s Digital
Knowles and Lenovo Collaborate on the PHAB2 and PHAB2 Plus to Enable More Voice Features and Clearer
June 10, 2016
ITASCA, Ill.--(BUSINESS WIRE)--Today, Knowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic, audio processing, and specialty component solutions, celebrates the launch of the Lenovo PHAB2 and PHAB2 Plus, and the first customer adoption of Knowles’ VoiceIQ™ smart microphone. The high-performance
Company Profile for Pella Corp
June 10, 2016
--(BUSINESS WIRE)--Founded in 1925 and headquartered in Pella, Iowa, Pella Corporation designs and manufactures made-to-order and custom windows, doors, blinds and shades and offers services for almost every type of home or building being built today. With 11 manufacturing locations within the United States, Pella Corporation also includes EFCO
QuickZip Sheet Company Named Winner of the 2016 Capital Championship Entrepreneurial Tournament
June 10, 2016
FORT COLLINS, Colo.--(BUSINESS WIRE)--The Capital Championship, a nationwide entrepreneur competition, announced today it awarded the $250,000 cash prize sponsored by OtterBox to Denver-based QuickZip Sheet Company as the national winner of the 2016 Capital Championship tournament. “This is a well deserved win for QuickZip as they faced
Company Profile for Intermatic Incorporated
June 10, 2016
--(BUSINESS WIRE)--Intermatic has delivered quality products and service to its customers for over 100 years. As a leading manufacturer of controls and energy-management solutions for electrical, HVACR, pool/spa, and OEM markets, Intermatic products cover a wide range of solutions for facility management, municipalities, manufacturing, agriculture,
Rockwell Automation Adopts Proxy Access By-Law Amendments
June 10, 2016
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) today announced that its board of directors amended Rockwell Automation’s by-laws to allow eligible shareowners to have their own director nominees included in the company’s proxy statement for the annual meeting. The board proactively adopted these amendments after
New SmartDeviceLink Developer Program Makes It Easier to Create In-Car Apps for Growing List of
June 10, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--SmartDeviceLink’s new developer program aims to make it easier to build in-car apps for a growing list of global automakers that have adopted or are exploring adoption of the Ford-created smartphone app interface standard. Working with Toyota Motor Corp. and other leading automakers, Ford created
TIA Releases Annual MR&F and New Survey of Enterprise IoT Use
June 10, 2016
ARLINGTON, Va.--(BUSINESS WIRE)--The Telecommunications Industry Association (TIA) the leading association representing the manufacturers and suppliers of high tech communications networks, today announced the release of its 20th annual ICT Market Review & Forecast (MR&F), along with a comprehensive survey and white paper examining
Arrow Electronics Sponsors Colorado Technology Association Women in Technology Conference
June 10, 2016
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE: ARW) is the title sponsor of the sold-out Colorado Technology Association (CTA) Women in Technology conference taking place today at the Denver Botanic Gardens Chatfield Farms in Littleton. The annual conference is an integral part of CTA's Women's Network, which convenes women IT
The Manitowoc Company to Present at Stifel Industrials Conference
June 10, 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) today announced that it will participate in the upcoming Stifel Industrials Conference, which will be held at The Lotte New York Palace Hotel in New York, NY. Barry L. Pennypacker, president and chief executive officer; David J. Antoniuk, senior vice president and chief
Lifetime Brands, Inc. Announces Results of 2016 Annual Meeting
June 10, 2016
GARDEN CITY, N.Y.--(BUSINESS WIRE)--Lifetime Brands, Inc. (NasdaqGS:LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company’s 2016 Annual Meeting of Stockholders held Thursday, June 9, 2016. Stockholders elected the following directors to
Granite Named “Veterans Employer of the Year”
June 10, 2016
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE:GVA) announced today that it has been named 2015 “Veterans Employer of the Year” by the California Employer Advisory Council. This award recognizes Granite’s programs and policies in support of U.S. veterans in hiring and promotion, as well as employee
IXYS Declares Quarterly Cash Dividend
June 10, 2016
MILPITAS, Calif.--(BUSINESS WIRE)--IXYS Corporation (NASDAQ:IXYS) announced that its Board of Directors has declared a quarterly cash dividend on its common stock of four cents ($0.04) per share. The quarterly dividend will be paid on July 8, 2016 to stockholders of record on June 24, 2016. About IXYS Corporation IXYS Corporation has been
PVH Corp. Announces Launch of Euro 350 Million Private Offering of Senior Notes
June 10, 2016
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] today announced that it has commenced an offer to sell €350 million principal amount of senior notes due 2024. The Company is selling these notes to take advantage of the current favorable interest rate environment. The Company intends to use the net proceeds of the offering for general
PPG Fully Funds Its Share of Pittsburgh Corning Asbestos Trust
June 10, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that the company has fully funded its portion of the Pittsburgh Corning Asbestos Trust that was established by the U.S. Bankruptcy Court for the Western District of Pennsylvania in May 2016. PPG fulfilled initial funding requirements June 9, based on agreed-upon terms of the trust
New Data Opens Up Online Shopping and Brands Get on Board for Rio Olympics on the Latest BizWireTV
June 10, 2016
NEW YORK--(BUSINESS WIRE)--The latest BizWireTV features a new study that shows not only who’s shopping online but how they’re doing it: from a car, lying in bed, and more interesting places. Also in the episode, TD Ameritrade and Visa have big plans for the upcoming Olympics in Rio. Watch the full episode for stories featuring Ralph
Oshkosh Corporation Chairman Richard M. Donnelly Receives Award from New York Stock Exchange
June 10, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK), a leading manufacturer of specialty vehicles and vehicle bodies, announced today that its Board of Directors chairman Richard M. (Dick) Donnelly, was named Non-Executive Chairman of the Year by the New York Stock Exchange (NYSE) Governance Services. This is the third year of this
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
June 10, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) for $20.00 per share in cash (the
Tutor Perini Prices $175 Million of 2.875% Convertible Senior Notes
June 10, 2016
LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced the pricing of $175 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2021 (the “convertible notes”) in a private offering to qualified institutional buyers pursuant to
Atkore International Group Inc. Prices Initial Public Offering of Common Stock
June 10, 2016
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (the “Company”) today announced the pricing of an initial public offering of 12,000,000 shares of common stock by selling stockholder CD&R Allied Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC, at a public offering price of $16.00 per share. The
Intelsat Announces Successful Launch of Intelsat 31
June 10, 2016
LUXEMBOURG--(BUSINESS WIRE)--Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced the successful launch of the Intelsat 31 satellite, which is hosting the DLA-2 payload for DIRECTV Latin America. Intelsat 31 was launched from the Baikonur Cosmodrome, Kazakhstan aboard