Monday, August 20, 2018
All News
Semcon Signs New Agreement for Aftermarket Managed Services with the London Taxi Company
May 3, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Semcon (STO:SEMC) has signed a new agreement with the British vehicle manufacturer, the London Taxi Company. The managed service agreement covers the design, development and distribution of aftersales product information solutions and will involve up to 25 Semcon specialists. Semcon will design, develop and
Semtech Announces the Industry’s First Single Chip Hybrid PLC and LoRa® Wireless Platform for
May 3, 2016
CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, announced today the availability of its new EV8600 dual modem (PLC+RF System-on-Chip) with integrated LoRa™ wireless RF technology. The Semtech EV8600 is the first fully integrated PLC and LoRa modem for smart
CTS Announces First Quarter 2016 Results
May 3, 2016
ELKHART, Ind.--(BUSINESS WIRE)--CTS Corporation (NYSE: CTS) today announced first quarter 2016 results. Sales were $96.7 million, up 3.7% from the fourth quarter of 2015 and down 1.6% from the first quarter of 2015. First quarter sales to automotive customers increased 4.7%, and sales of electronic components increased 1.5% from the fourth quarter
Miovision Launches Collaboration Platform for Transportation Project Management
May 3, 2016
KITCHENER, Ontario--(BUSINESS WIRE)--Miovision, a global leader in traffic systems technology, today launched Miovision Central, a cloud-based platform for traffic data projects. Central is a new way to add transparency to traffic projects by organizing, visualizing and sharing data in order to simplify complicated projects. Transportation planners
Engility Company Wins $90 Million Dollar Contract to Support the Transportation Security
May 3, 2016
CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE: EGL) today announced that the Transportation Security Administration (TSA) has awarded TASC, an Engility company, a $90 million contract to perform operational testing and evaluation (T&E) on the agency’s IT systems and security screening processes and equipment. Under this
Cummins Reports First Quarter 2016 Results
May 3, 2016
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2016. First quarter revenues of $4.3 billion decreased 9 percent from the same quarter in 2015. Lower production in the North American heavy-duty truck market and weak global demand for off-highway and power generation equipment contributed to
Metallic Building Company Recognizes Cary & Associates Builders, Inc. with 2015 Building of the
May 3, 2016
HOUSTON--(BUSINESS WIRE)--Metallic Building Company (Metallic), a custom-engineered metal building systems provider, is proud to announce Cary & Associates Builders, Inc., of Sebastopol, California, as the 2015 Building of the Year Award winner for Balleto Vineyards and Winery. Located in the Sonoma wine country region, the cutting-edge
Indutrade acquires Klokkerholm Karosseridele A/S
May 3, 2016
KISTA, Sweden--(BUSINESS WIRE)--Regulatory News: Indutrade (STO:INDT) today signed an agreement to acquire all of the shares in Klokkerholm Karosseridele A/S, Denmark, with annual sales of approximately DKK 250 million. Klokkerholm, with a strong market position, offers a wide range of spare parts to the automotive repair industry, including
ADM Reports First Quarter Adjusted Earnings of $0.42 per Share
May 3, 2016
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Mar. 31, 2016. The company reported adjusted earnings per share1 of $0.42, down from $0.78 in the same period last year. Included in these results was a $0.08 per share loss related to updated portfolio valuations in an
Divergent 3D Wins Frost & Sullivan 2016 North American Technology Innovation Award
May 3, 2016
GARDENA, Calif.--(BUSINESS WIRE)--Divergent 3D today announced it has won the Frost & Sullivan 2016 North American Technology Innovation Award for Structural Manufacturing in the Automotive Industry. The Divergent Manufacturing Platform™ incorporates 3D printing to radically transform the economics and environmental impact of designing
Accuride Reports First Quarter 2016 Results
May 3, 2016
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation (NYSE: ACW) – a leading supplier of components to the North American and European commercial vehicle industries – today reported financial results for the first quarter ended March 31, 2016. "Overall, our first quarter results were within our expectations,” said Rick Dauch,
Florida Utility Trailers Completes Construction of New Location in Hialeah, Florida
May 3, 2016
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Utility Trailer Manufacturing Company, the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers is pleased to announce that Florida Utility Trailers, Inc. has completed construction of its fourth
Inteva Products Opens Second Manufacturing Facility in Romania
May 3, 2016
TROY, Mich.--(BUSINESS WIRE)--Inteva Products, LLC, a leading global Tier One automotive supplier of engineered components and systems, recently began operations in a new facility in Oradea, Romania. The new manufacturing site produces roof system components for Inteva’s European customers and currently employs 150 people, with plans for
Superior Industries to Present at the Oppenheimer 11th Annual Industrial Growth Conference and B.
May 3, 2016
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP) today announced that the Company will present and host investor meetings at the following upcoming investor conferences: Don Stebbins, President and Chief Executive Officer, and Kerry Shiba, Executive Vice President and Chief Financial Officer, will present at
CTS Engines Named 2015 Boeing “Supplier of the Year”
May 3, 2016
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--CTS Engines, the global leader for mature engine maintenance services, announced today that it had been named the 2015 Boeing “Supplier of the Year” in the Support & Services category for its CF6 engine overhaul support of the U.S Air Force’s E-4B fleet. “We are thrilled beyond
Minnesota Manufacturers Are Confident and Ready for Anything in 2016
May 3, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Minnesota’s manufacturers are feeling remarkable levels of across-the-board confidence in the financial prospects for their companies in 2016, according to the eighth annual State of Manufacturing® survey. At the same time, the survey reveals a growing concern about the U.S. economy. The survey is produced by
PEI-Genesis Acquires FilConn, Precision Connector Manufacturer: Acquisition Enhances Ability to
May 3, 2016
PHILADELPHIA--(BUSINESS WIRE)--PEI-Genesis has acquired Arizona-based FilConn, Inc, a manufacturer of precision high reliability filter, transient suppression, and custom configured connectors for the mil-aero, medical, transit and oil/gas industries; it was announced today by Steven Fisher, CEO of PEI-Genesis. The purchase allows the company to
Alimak Group AB: Alimak Extends the Partnership with Bigge
May 3, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Alimak Group (Alimak) (STO:ALIG), the vertical access solution company, is pleased to announce a new deal by Bigge, one of America´s premier global crane companies. Bigge has recently added the Alimak Scando 650 and 450 models to their growing high demand hoist inventory. The order is totalling a
WEAR Conference 2016 Heads to Boston Harbor May 24-26, 2016
May 3, 2016
AKRON, Ohio--(BUSINESS WIRE)--The Smithers Apex WEAR Conference (www.wearconferences.com,) the longest-running conference dedicated to smart fabrics, wearable technology, material innovation and the business of consumer experience will take place May 24-26, 2016 at the Seaport Hotel in Boston. The WEAR Conference agenda features three full days of
Glatfelter Reports First-Quarter 2016 Earnings
May 3, 2016
YORK, Pa.--(BUSINESS WIRE)--Glatfelter (NYSE: GLT) today reported first-quarter 2016 net income of $16.2 million, or $0.37 per diluted share compared with $13.9 million, or $0.32 per diluted share in the first quarter of 2015. Adjusted earnings for the first quarter of 2016 were $16.3 million, or $0.37 per diluted share, a 23 percent increase
SAIC to Hold Annual Meeting of Stockholders on June 8
May 3, 2016
MCLEAN, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC), a leading technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets, will hold its Annual Meeting of Stockholders at 9 a.m. Eastern time on Wednesday,
CTC Global Names John Mansfield Vice President Strategic Development
May 3, 2016
IRVINE, Calif.--(BUSINESS WIRE)--Today, CTC Global announced that John Mansfield has been named as its Vice President, Strategic Development. In this newly created position, Mr. Mansfield is responsible for expanding CTC’s presence in international markets through company and JV-owned manufacturing facilities and relationships. Mr. Mansfield
Pavia Systems Focused on the New Wave of Disruptive Technologies at National CEO Tech Forum
May 3, 2016
CHICAGO--(BUSINESS WIRE)--Pavia Systems, a transportation infrastructure software company, today announced its participation at BuiltWorlds’ first-ever CEO Tech Forum on April 21, in downtown Chicago. CEO and co-founder George White was a key panelist in a discussion about disruptive technologies in the industry. Fellow panelists
Smithers Rapra Traction Summit and Carbon Black World in Fort Worth
May 3, 2016
AKRON, Ohio--(BUSINESS WIRE)--Smithers Rapra is pleased to announce the North American co-location of two leading international events, Traction: Driving the Tire Industry Forward (www.tractionsummit.com) and Carbon Black World 2016 (www.carbonblackworld.com.) Taking place concurrently across May 25-26, 2016 at the Omni Fort Worth in Fort Worth,
Harris Corporation Reports Fiscal 2016 Third Quarter Results
May 3, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) reported revenue in the third quarter of fiscal 2016 of $1.91 billion, compared with $1.19 billion in the prior year. Income from continuing operations was $170 million, or $1.36 per diluted share, on a GAAP basis and $182 million, or $1.45 per diluted share, on a non-GAAP basis,
AGCO Teams with iMaps to Implement QlikApp
May 3, 2016
DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, today announced that it has teamed up with iMaps to implement QlikView, the business intelligence and visualization software. As a large global business with multiple brands and numerous international
Canon Strengthens Its 3D Proposition Through Strategic Partnership with Materialise
May 3, 2016
LONDON--(BUSINESS WIRE)--Canon Europe, world leader in imaging solutions, today announces a new strategic partnership with Materialise NV (NASDAQ; MTLS), a leading provider of Additive Manufacturing (AM) software solutions and 3D printing services. Through the arrangement, existing and prospective customers across Europe will have access to
OriginClear Forms Strategic Partnership with Los Angeles Cleantech Incubator
May 3, 2016
LOS ANGELES--(BUSINESS WIRE)--OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced that it has agreed to become a strategic partner of the Los Angeles Cleantech Incubator (LACI), a non-profit organization led by the City of Los Angeles and its Department of Water and Power (LADWP), that helps accelerate
Husqvarna AB: Husqvarna Group acquires Diamond Tool Supply
May 3, 2016
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Husqvarna Group’s Construction division has acquired Diamond Tool Supply Inc. out of Michigan, USA, a leading producer of polishing and grinding diamond tools for concrete, stone and terrazzo. “The acquisition of Diamond Tool Supply reinforces our position as a market leader of
NEL ASA: Call for Annual General Meeting
May 3, 2016
OSLO, Norway--(BUSINESS WIRE)--Regulatory News: NEL ASA (OSE:NEL), please see call for the Annual General Meeting in NEL ASA to be held on 20 May at 10:00 CET, at Sjølyst Plass 2, Oslo here: http://mb.cision.com/Public/115/9967714/9530b78cd8afc533.pdf. The formal call for the Annual General Meeting has been sent to all shareholders
U.S. Manufacturing Continues Paltry Expansion
May 3, 2016
New orders and production grow as employment and inventories contract
Eaton’s DWF Duplex Lubrication Oil Filter
May 3, 2016
Increases productivity and reduces contamination.
FreightCar America, Inc. Reports First Quarter 2016 Results
May 2, 2016
CHICAGO--(BUSINESS WIRE)--FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the first quarter ended March 31, 2016, with net income of $12.7 million, or $1.03 per diluted share, compared to a net loss of $2.1 million, or $(0.17) per diluted share, in the same period last year. First quarter results in 2016 included an after-tax
Aegion Corporation Reports 2016 First Quarter Financial Results
May 2, 2016
ST. LOUIS--(BUSINESS WIRE)--Aegion Corporation (Nasdaq Global Select Market: AEGN) today reported financial results for the first quarter of 2016. On a GAAP reporting basis, there was a net loss of $3.8 million, or $0.11 per diluted share, compared to net income of $1.4 million, or $0.04 per diluted share. Excluding acquisition-related expenses in
ABRA Auto Body & Glass Announces Succession Plan, Commences CEO Search
May 2, 2016
MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a leading national damaged vehicle repair company, announced today that Duane Rouse plans to transition from day-to-day operations, stepping down as Chief Executive Officer to assume the role of Vice Chairman of the Board of Directors. Rouse will continue to serve as CEO until a replacement
Horizon Global Delivers Profit Improvement for Third Consecutive Quarter
May 2, 2016
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today reported net sales for the quarter ended March 31, 2016 were $146.1 million, an increase of 2.6 percent compared to the first quarter of 2015. On a constant currency basis(2),
Technavio Announces Top Six Vendors in the Global Plant Automation Solutions Market from 2016 to
May 2, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global plant automation solutions market report. This research report also lists 14 other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape The global plant automation solutions market has
Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of $1.21 Per Share and
May 2, 2016
SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2016 the Company reported net sales of $173.1 million and diluted earnings of $1.21 per share, compared with net sales of $137.0 million and diluted earnings of 81¢ per share in the first quarter of 2015. The Company
Allegion to Present at 2016 Goldman Sachs Leveraged Finance Conference
May 2, 2016
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Patrick Shannon will discuss the company’s long-term strategy at the 2016 Goldman Sachs Leveraged Finance Conference on Tuesday, May 17. The conference will be held at the Terranea Resort in Rancho Palos Verdes, Calif. Shannon’s
Steel Excel Inc. Reports 2016 First Quarter Financial Results
May 2, 2016
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Steel Excel Inc. (Other OTC:SXCL) (“Steel Excel” or the “Company”), which operates Energy and Sports segments, today announced operating results for the three months ended March 31, 2016. Steel Excel reported net revenues of $20.0 million for the first quarter of 2016, as compared to
MaxPoint Interactive to Transfer Stock Exchange Listing to Nasdaq
May 2, 2016
RALEIGH, N.C.--(BUSINESS WIRE)--MaxPoint (NYSE: MXPT), the company that helps manufacturers and retailers generate in-store sales with its innovative Digital Zip® technology, today announced that it will be transferring its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Market effective May 12, 2016 after
Lindsay Corporation Announces Quarterly Cash Dividend
May 2, 2016
OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.28 per share, payable May 31, 2016, to shareholders of record on May 17, 2016. About the Company Lindsay manufactures
Trinity Industries, Inc. Declares Quarterly Dividend
May 2, 2016
DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 209th consecutively paid dividend, is payable July 29, 2016 to stockholders of record on July 15, 2016. Trinity Industries, Inc.,
Invensas Signs BVA® Technology License and Development Agreement with ASE
May 2, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Tessera Technologies, Inc. (Nasdaq:TSRA), announced today that its wholly owned subsidiary Invensas Corporation signed a new technology license and development agreement with Advanced Semiconductor Engineering, Inc. ("ASE") (TAIEX:2311, NYSE:ASX), the world’s largest semiconductor assembly and test service
IDT Reports Fiscal 2016 Q4 and Full Year Financial Results
May 2, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI) today announced results for the fiscal fourth quarter ended April 3, 2016. “We concluded fiscal year 2016 with fourth quarter revenue of $189.4 million, our 10th consecutive quarter of year-over-year revenue growth. This strength in the quarter was
Tribogenics Expands Sales Channel to Meet Demand for Breakthrough Hand-Held XRF Technology
May 2, 2016
LOS ANGELES--(BUSINESS WIRE)--Tribogenics, the inventor of triboluminescence-based X-ray technology for industrial, medical and scientific applications, today announced that it has added new sales and distribution coverage to meet the growing demand for the X-ray industry’s first ever hand-held XRF spectrometer device under $10,000. The new
Rogers Corporation Reports First Quarter 2016 Results
May 2, 2016
ROGERS, Conn.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the 2016 first quarter. The Company reported first quarter net sales of $160.6 million, exceeding its guidance. In the 2015 first quarter, net sales were $165.1 million. Net sales in the 2016 first quarter were favorably affected by $3.0 million due
Fabrinet Announces Third Quarter Fiscal-Year 2016 Financial Results
May 2, 2016
BANGKOK--(BUSINESS WIRE)--Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its third fiscal quarter ended March 25, 2016. Tom Mitchell, Chief
Cognex Reports First Quarter 2016 Results
May 2, 2016
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the first quarter of 2016. In Table 1 below, selected financial data for the quarter ended April 3, 2016 is compared to the first and fourth quarters of 2015. A reconciliation of certain financial measures from GAAP to non-GAAP is shown in
Rudolph Technologies Reports 2016 First Quarter Results
May 2, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--Rudolph Technologies, Inc. (NYSE:RTEC), a leading provider of process characterization equipment, lithography equipment and software for wafer fabs and advanced packaging facilities, today announced financial results for the 2016 first quarter. 2016 First Quarter Financial Highlights First quarter revenue of