Friday, June 22, 2018
All News
Bemis Company Acquires Packaging Operations of SteriPack
May 2, 2016
NEENAH, Wis.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE: BMS) today announced that it has completed the acquisition of the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications. This acquisition includes a
Multi Packaging Solutions to Report Third Quarter 2016 Earnings on May 12, 2016
May 2, 2016
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International Limited (NYSE:MPSX), (“MPS”; “the Company”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced it will report third quarter 2016 results after the market close on
Oshkosh Defense Features TerraMax Unmanned Ground Vehicle Technology for Route Clearance,
May 2, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE:OSK) company, will feature its TerraMax™ unmanned ground vehicle (UGV) technology equipped on a MRAP All-Terrain Vehicle (M-ATV) during the annual Association for Unmanned Vehicle Systems International’s (AUVSI) conference, XPONENTIAL in New Orleans from
Mycronic AB: Mycronic Receives One More Order for a Replacement Mask Writer
May 2, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Mycronic AB (publ), has received yet another order for a mask writer, replacing an older system for manufacturing of display photomasks. The system is scheduled to be delivered to a customer in Asia during the second half-year, 2017. Mycronic occupies a unique position as the sole supplier in the world
Weir and Rolls-Royce Subsidiary MTU Reveal Their Joint Venture Will Be Named EPIX
May 2, 2016
HOUSTON--(BUSINESS WIRE)--Weir Oil & Gas, the world’s leading provider of upstream pressure pumping equipment, and Rolls-Royce Power Systems subsidiary MTU, a market leader in heavy-duty industrial power systems based on diesel and gas engines, have announced their joint venture is to be named EPIX. EPIX will provide the industry’s
Weir Oil & Gas Launches Key Initiatives to Propel Industry Forward
May 2, 2016
HOUSTON--(BUSINESS WIRE)--Today, Fort Worth, Texas-based Weir Oil & Gas, one of the world's largest suppliers of pressure pumping equipment to the upstream market, announced several initiatives in a multi-faceted strategy that reflects its commitment to bringing efficiencies to the upstream market. “Our industry is facing many challenges,
EUTELSAT 65 West A Satellite Goes Live at 65° West
May 2, 2016
PARIS--(BUSINESS WIRE)--Regulatory News: Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris: ETL) announces that its EUTELSAT 65 West A satellite, launched on 9 March, is now fully powered up and ready for service across Brazil and Latin America. The satellite inaugurates Eutelsat’s presence at the 65° West position, a premier
TM Robotics Partners with M.A.P Services to Sell Toshiba Machine Industrial Robots in Australia for
May 2, 2016
MELBOURNE, Australia--(BUSINESS WIRE)--From National Manufacturing Week Stand #1936 -- Today TM Robotics and Toshiba Machine Industrial Robots announced they have partnered with M.A.P Services to sell Toshiba Machine robots in Australia. After many years of searching for the perfect partner, TM Robotics finally met M.A.P Services at this
Automotive Parts Supplier Expanding Warsaw, Indiana Facility
May 2, 2016
Automotive Parts Supplier Expanding Warsaw, Indiana Facility
Protect Electronic Systems from Overvoltage
May 2, 2016
The LTC4380, an ultralow quiescent current (IQ) surge stopper by Linear Technology Corporation, provides compact overvoltage and overcurrent protection for always-on 4V to 72V electronics in automotive, industrial and avionic systems.
FIRST® Hosts 20,000+ Students at World’s Largest Robotics Competition
May 1, 2016
ST. LOUIS--(BUSINESS WIRE)--This week, more than 20,000 students from around the globe traveled to St. Louis, putting their engineering skills to the test at the annual FIRST® (For Inspiration and Recognition of Science and Technology) Championship, held at various venues throughout the city. The four-day event came down to a heart-pounding
Berkshire Hathaway Inc. News Release
April 30, 2016
OMAHA, Neb.--(BUSINESS WIRE)--Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) — At approximately 3:45 p.m. Central time today, Berkshire Hathaway Inc. (“Berkshire”) will hold its Annual Shareholders meeting. Prior to the formal business meeting, Warren E. Buffett, Berkshire’s Chairman and Chief Executive Officer and Charles T.
JAC exhibits advanced new electric and diesel models at Beijing Auto Show 2016
April 30, 2016
BEIJING--(BUSINESS WIRE)--JAC showcased more than 40 major products at the Beijing Auto Show this year, focusing on the company’s achievements in producing quality commercial and passenger vehicles. The development of efficient new electric and diesel models was at the forefront of JAC’s display, delivering on the company’s mantra
Dean Kamen, Distinguished Guests Recognize Student Leaders at FIRST® Dean’s List Award Ceremony
April 29, 2016
ST. LOUIS--(BUSINESS WIRE)--FIRST® (For Inspiration and Recognition of Science and Technology), an international K-12 not-for-profit organization founded by inventor Dean Kamen, announced the 20 student recipients during the Dean’s List Award Ceremony at the FIRST Championship in St. Louis, Mo. The Dean’s List
Sturm, Ruger & Company, Inc. to Report First Quarter Results and File Quarterly Report on Form
April 29, 2016
SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE:RGR) will file its Quarterly Report on Form 10-Q on Monday, May 2, 2016, after the close of the stock market. On Tuesday, May 3, 2016, Sturm, Ruger will host a webcast of its Annual Meeting of Stockholders at 9:00 a.m. ET. Interested parties can access the webcast at
Michigan Saves seeks to recognize responsible energy production and consumption
April 29, 2016
LANSING, Mich.--(BUSINESS WIRE)--When you have plans to renovate an old, energy-hog grocery store to expand your growing food co-op, most people wouldn't expect you to triple your square footage and reduce energy costs. But that's what happened for the Marquette Food Co-op. It became an award-winning endeavor, with the co-op selected as one of only
Arctic Cat to Webcast Fiscal 2016 Fourth Quarter Conference Call
April 29, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Arctic Cat Inc. (NASDAQ: ACAT) announced today that it will webcast its fiscal 2016 fourth quarter conference call on Thursday, May 12, 2016, at 10 a.m. CT (11 a.m. ET). The company will release results for its fourth quarter ended March 31, 2016, before the stock market opens that day. To listen to the conference call
Badger Meter Declares Regular Quarterly Dividend
April 29, 2016
MILWAUKEE--(BUSINESS WIRE)--The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of $0.20 per share to shareholders of record May 31, 2016, payable June 15, 2016. This is the same amount voted in the previous quarter. About Badger Meter Badger Meter is an innovator in flow measurement, control and
Annual general meeting of HEXPOL AB
April 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: At today’s Annual General Meeting of HEXPOL AB (publ), the following was resolved. Board of Directors, auditor and fees The number of directors will be eight. The meeting re-elected Melker Schörling, Georg Brunstam, Alf Göransson, Jan-Anders Månson, Malin Persson, Ulrik Svensson and
Orbital ATK Delivers THAICOM 8 Commercial Communications Satellite to Launch Site
April 29, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that the THAICOM 8 satellite has arrived at its launch site in Cape Canaveral, Florida. THAICOM 8 is the second satellite Orbital ATK has built for Thaicom PLC and is based on the company’s flight-proven
UCI Holdings Limited Announces Intention to Terminate SEC Registration
April 29, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--UCI Holdings Limited announced today that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission (the “SEC”) to terminate the registration of the Company’s 8.625% Senior Notes under the Securities Exchange Act of 1934, as amended (the “Exchange
The Eastern Company Declares Regular Quarterly Cash Dividend
April 29, 2016
NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable June 15, 2016, to common shareholders of record as of May 18, 2016. This dividend represents the Company’s 303rd consecutive quarterly dividend. About the
SFMade Week Highlights Creativity, Innovation and Job Creation
April 29, 2016
SAN FRANCISCO--(BUSINESS WIRE)--With the number of San Francisco manufacturers at an all-time high since SFMade’s founding–SFMade Week returns May 9-15. Now in its fifth year, the weeklong celebration champions locally made products, their makers and their people. SFMade Week features 40+ events, including factory tours, demos, shopping
Occidental Petroleum Names Vicki A. Hollub Chief Executive Officer
April 29, 2016
HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE: OXY) announced today that its Board of Directors has named Vicki A. Hollub the company’s President and Chief Executive Officer, completing the previously disclosed succession plan. Ms. Hollub succeeds Stephen I. Chazen, who stepped down as CEO following the company’s
Sun Products to Release 2016 Quarterly Report, and Host Earnings Conference Call
April 29, 2016
WILTON, Conn.--(BUSINESS WIRE)--The Sun Products Corporation announced today that the Quarterly Report for the quarter ended March 31, 2016 will become available to note holders, broker-dealers and financial analysts on May 4, 2016. Sun Products will hold a Q1 2016 earnings conference call on May 5, 2016 at 11:00 am EST. The Quarterly Report and
Dow Corning Reports First Quarter 2016 Financial Performance
April 29, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--Dow Corning Corp. today announced first quarter 2016 sales of $1.32 billion, a three percent decrease compared to 2015, and net income of $112 million. Adjusted net income in the first quarter of 2016 was $116 million, a 14 percent increase compared with the first quarter of 2015. Adjusted net income for 2016
Fitch Affirms Boeing and Boeing Capital at 'A/F1'; Outlook Stable
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed The Boeing Company's (BA) 'A' Long-Term Issuer Default Rating (IDR) and 'F1' Short-Term IDR. Fitch has also affirmed the 'A' Long-Term IDR for Boeing Capital Corporation (BCC). A full list of ratings is included at the end of this release. The Rating Outlook is Stable. The ratings cover
Marmon’s New System Removes Lead from Drinking Water in Schools
April 29, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Marmon Water, Inc., a Berkshire Hathaway company, is introducing a Safe Fountain System to remove lead and other contaminants from drinking fountains in schools and public/industrial buildings. The new product line from EcoWater Systems® ensures clean, safe, and good tasting water, even in the case of boil
The Professional Pricing Society (PPS) Appoints PROS Executive to the Board of Advisors
April 29, 2016
ATLANTA--(BUSINESS WIRE)--The Professional Pricing Society (PPS) today announced that PROS (NYSE: PRO) Vice President of Customer Value Douglas R. Fuehne has been appointed to its Board of Advisors, comprised of pricing leaders from some of the world’s more prominent organizations. Fuehne brings to the board more than 20 years of global
Molex to Demonstrate Advanced UAV Solutions at XPONENTIAL 2016
April 29, 2016
LISLE, Ill.--(BUSINESS WIRE)--Molex will feature a product showcase of innovative UAV/UAS solutions in booth 926 at XPONENTIAL 2016, the industry’s largest trade show, to be held at the Ernest N. Morial Convention Center in New Orleans May 2 - 5. The show is sponsored by the Association for Unmanned Vehicle Systems International (AUVSI).
Axalta Canada Employees Help Pack 50,000 Meals for Children in Need
April 29, 2016
AJAX, Ontario--(BUSINESS WIRE)--Employees of Axalta Coating Systems, a leading global manufacturer of liquid and powder coatings, joined other volunteers this weekend to pack 50,000 meals for Kids Against Hunger® Canada. This was the second consecutive year that Axalta employees supported this effort, held at the Forest Brook Community Church
Redline Detection Announces Expansion of Successful Internship Program
April 29, 2016
MONTEREY, Calif.--(BUSINESS WIRE)--Redline Detection today announced that they are expanding their successful internship program, now in its seventh year. Zack Parker, President of Redline Detection, spoke from the Equipment and Tool Institute’s annual Tool Tech meeting: “Every year, we get many times more applicants than we have
Alcoa to Host Webcast of Annual Meeting of Shareholders
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host a live webcast of its 2016 Annual Meeting of Shareholders to be held on Friday, May 6, in Pittsburgh beginning at 9:30 a.m. EDT. Registration for the webcast is required. To register, go to www.alcoa.com/annualmeeting. Presentation materials will be available online. A replay of the webcast
Reichhold Announces Price Increase for European Composites Industry
April 29, 2016
DURHAM, N.C.--(BUSINESS WIRE)--Reichhold announced today a price increase effective for all orders shipped on or after June 01, 2016 in Europe of 70 EUR/MT on all gelcoat products. This increase is driven by continued rises in the cost of typical gelcoat raw materials. Price increases applied to unsaturated polyester resins and vinyl esters will be
ExxonMobil Earns $1.8 Billion in First Quarter of 2016
April 29, 2016
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):   First Quarter 2016   2015 % Earnings Summary (Dollars in millions, except per share data) Earnings 1,810 4,940 -63 Earnings Per Common Share Assuming Dilution 0.43 1.17 -63   Capital and Exploration Expenditures 5,127 7,704 -33   Exxon
Materion Corporation Reports First Quarter 2016 Financial Results and Confirms Outlook for 2016
April 29, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE:MTRN) today reported first quarter 2016 financial results. First quarter 2016 earnings were $0.27 per share, diluted, in line with Company expectations. Net sales for the first quarter of 2016 were $235.5 million. Value-added sales were $143.9 million, flat with the fourth quarter
Phillips 66 Reports First-Quarter Earnings of $385 Million or $0.72 Per Share
April 29, 2016
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces first-quarter earnings of $385 million, compared with $650 million in the fourth quarter of 2015. Adjusted earnings were $360 million, a decrease of $350 million from the last quarter. "Weaker margins impacted our financial results in the
Ford Expands First-Ever Factory-Installed Strobe Warning LED Lights to F-150
April 29, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford, America’s truck leader and the only automaker to offer an available factory-installed strobe warning LED light kit, is making strobe lights available to F-150 fleet customers for the first time. The strobe light kit is designed for use by utility, road construction and municipal crews that need enhanced
HARMAN Racks Up Accolades at the Red Dot Awards
April 29, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced it has won a total of 23 product innovation and design awards at the 2016 Red Dot Design Awards. HARMAN’s brands JBL, AKG, and Harman Kardon all
Cooper Tire & Rubber Company Reports First Quarter 2016 Results
April 29, 2016
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today reported first quarter 2016 net income of $59 million, or diluted earnings per share of $1.05, compared with $41 million, or $0.69 per share, last year. First Quarter Highlights: Unit volume increased 1.9 percent year-over-year Net sales decreased 2.0 percent to $650
Amphenol Announces Second Quarter 2016 Dividend Payment
April 29, 2016
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the second quarter 2016 dividend on its Common Stock in the amount of $.14 per share at its meeting held on April 28, 2016. The Company will pay this second quarter 2016 dividend on or about July 7, 2016 to shareholders of
CIRCOR Reports First-Quarter 2016 Financial Results
April 29, 2016
BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other highly engineered products for markets including oil & gas, power generation and aerospace & defense, today announced financial results for the first quarter ended April 3, 2016. First-Quarter 2016 Highlights Delivered Revenue
On the Latest BizWireTV Job Creation in Michigan and Ohio along with the Top 5 Trending Stories of
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Ford builds Michigan and Ohio tough by creating 650 new hourly jobs and Vivint Smart Home sees a whole lot of zeros from Peter Thiel and Solamere Capital on the latest episode of BizWireTV – now featuring the Top Five Most-Shared Stories of the Week. BizWireTV features the latest breakthroughs in tech from the
VF Reports First Quarter 2016 Results
April 29, 2016
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) today reported financial results for its first quarter ended April 2, 2016. All per share amounts are presented on a diluted basis. This release refers to “currency neutral” and “reported” amounts, terms that are described under the “Currency Neutral –
NOW Inc. Announces Power Service Acquisition
April 29, 2016
HOUSTON--(BUSINESS WIRE)--NOW Inc. (NYSE:DNOW) announced today that it has entered into an agreement to purchase Power Service, Inc., Industrial Tool & Repair, Inc., d/b/a/ Power Service of Montana and Power Transportation LLC (collectively, “Power Service”). Terms of the all-cash transaction, which remains subject to customary
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
April 29, 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
Newell Brands Announces Strong First Quarter Results
April 29, 2016
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NYSE: NWL) announced its first quarter 2016 financial results today. “We are extremely pleased with our growth and financial results this quarter,” said Newell Brands Chief Executive Officer Michael Polk. “The Newell playbook, which couples increased innovation activity together with
HEXPOL: Interim Report January-March 2016
April 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: HEXPOL (STO:HPOLB) First quarter 2016 – Positive volume development and continued strong result · Sales amounted to 2,757 MSEK (2,951). · Operating profit increased to 497 MSEK (495). · Operating margin increased to 18.0 per cent (16.8). · Profit after tax increased to
Praxair Reports First-Quarter 2016 Results
April 29, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) reported first-quarter net income and diluted earnings per share of $356 million and $1.24, respectively. These results include the impact of a $16 million charge to interest expense ($10 million after-tax) or 4 cents of diluted earnings per share, related to a bond redemption prior to
Praxair Declares Dividend in Second Quarter 2016
April 29, 2016
DANBURY, Conn.--(BUSINESS WIRE)--The board of directors of Praxair, Inc. (NYSE:PX) has declared a quarterly dividend of 75.0 cents per share, unchanged from the previous quarter. The dividend is payable on June 15, 2016 to shareholders of record on June 7, 2016. The ex-dividend date is June 3, 2016. About Praxair Praxair, Inc., a Fortune 250