Monday, October 22, 2018
All News
Intertek and CAPA Enter into Exclusive License Agreement for Aftermarket Auto Parts Certification
March 2, 2018
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Intertek, a leading Total Quality Assurance provider to industries worldwide, announces that it has entered into an exclusive services appointment and license agreement with the Certified Automotive Parts Association (CAPA), an independent non-profit certification organization for automotive replacement
Fuel Tech Announces Exclusive Licensing Agreement for Dissolved Gas Technology for Water Treatment
March 2, 2018
WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, announced today that it has entered into a license agreement with NanO2 LLC (“NanO2”) to market and sell
SolarWindow Sets New Power Record with 34% Increase over Its Previous Electricity-Generating Glass
March 2, 2018
COLUMBIA, Md.--(BUSINESS WIRE)--SolarWindow Technologies, Inc. (OTC: WNDW) announced today that it has set a new company performance record for power efficiency with a 34% increase in performance over previous generations of its transparent electricity-generating glass. Today’s announcement is based on results of independent testing and
Thor Announces Closing of Global Joint Venture
March 2, 2018
ELKHART, Ind.--(BUSINESS WIRE)--Thor Industries, Inc. (NYSE:THO), today announced that it has closed on its 50/50 joint venture with Tourism Holdings, Ltd. (thl). The joint venture, called TH2, was announced on February 15, 2018 and is committed to bringing the full benefit of digital connectivity and the sharing economy to RV owners around the
The Manufacturing Institute Honors Cooper Tire’s Anne Roman with 2018 STEP Ahead Award
March 2, 2018
FINDLAY, Ohio--(BUSINESS WIRE)--The Manufacturing Institute has recognized Anne Roman, Vice President, Communications & Public Affairs for Cooper Tire & Rubber Company, with a Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award for 2018. Roman is among 130 women nationally who earned the honor this year
Accuride Adds BorgWarner Executive Robin Kendrick to Its Board of Directors
March 2, 2018
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation – a supplier of components to the North American and European commercial vehicle industries – today announced that Robin Kendrick, Vice President and corporate officer of BorgWarner Inc., has been elected to the company’s board of directors as an independent director,
Market for Protective Coatings in USA 2018 - ResearchAndMarkets.com
March 2, 2018
DUBLIN--(BUSINESS WIRE)--The "Market for Protective Coatings in USA" report has been added to ResearchAndMarkets.com's offering. This in-depth report focuses on the top markets for protective coatings. This report provides single country consumption estimates in both volume and value for protective coatings, with 2016 as the base year and forecasts
Hexion Inc. Announces Fourth Quarter and Fiscal Year 2017 Results
March 2, 2018
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or the “Company”) today announced results for the fourth quarter and fiscal year ended December 31, 2017. “Hexion posted solid Segment EBITDA gains, sales growth of 18% and volume increases of approximately 10%, respectively, in the fourth quarter of 2017,”
Olympic Steel Reports Improved 2017 Full-Year and Fourth-Quarter Results
March 2, 2018
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc., (Nasdaq: ZEUS), a national metals service center, today announced improved financial results for the full year and three months ended Dec. 31, 2017. Full-Year 2017 Results Full-year 2017 net sales climbed 26%, reaching $1.3 billion, compared with $1.1 billion in 2016. Increased year-over-year shipping
2018 North America Automotive Market - Emerging Dynamics and Future of North America Passenger Cars
March 2, 2018
DUBLIN--(BUSINESS WIRE)--The "2018 North America Automotive Market - Emerging Dynamics and Future of North America Passenger Cars and Commercial Vehicles" report has been added to ResearchAndMarkets.com's offering. This report provides comprehensive analysis of automobile markets including passenger cars and commercial vehicles across countries in
Volvo Funding Tech Startups
March 2, 2018
Volvo Cars has announced that it has launched an investment fund—the Volvo Cars Tech Fund—that is specifically focused on investing in tech startups around the globe. Which is pretty much a dog-bites-man announcement because there probably isn’t an OEM or Tier One supplier that doesn’t have a fund in place to help it garner
Cold Pressed-In Threaded Inserts: An Economical Alternative
March 2, 2018
Cold pressed-in threaded inserts provide a sturdy and cost-effective alternative to heat staking or ultrasonically installed threaded inserts. Discover the advantages and see it in action here. (Sponsored Content) Cold pressed-in inserts can be an economical alternative to thermal or ultrasonic-installed threaded inserts for plastics processors.
AIM Achieves ANSI Accreditation
March 2, 2018
The American Injection Molding (AIM) Institute, a Beaumont organization, announces that its Plastics Technology and Engineering (PTE) Certificate Program to be the first plastics program to achieve accreditation by the American National Standards Institute (ANSI). Accreditation by ANSI, the official U.S. representative in the International
Hurrah for the Trailblazers
March 2, 2018
MSI Mold Builders was named Tooling Trailblazer of the Year by the American Mold Builders Association for its exceptional efforts to promote moldmaking as a career. The award was presented during the AMBA’s annual conference in Grand Rapids, Michigan. MSI Mold Builders (Cedar Rapids, Iowa) was named Tooling Trailblazer of the
Novel ‘Flat’ Fiberglass Enhances Injection Molded TP Composites
March 2, 2018
Advances in fiberglass reinforcements for thermoplastics have evolved from conventional chopped strand to long-glass fibers to hybrids of long glass and carbon fibers. New flat glass fibers are said to exhibit excellent bonding and mechanical properties, reduced warpage, and ease of processing. The first three grades of flat fiberglass are said to
Materials: A Processor’s Most Important Job, Part 3
March 2, 2018
A few years ago, I received a call from one of my clients, a processor with a reasonably good understanding of the way plastic materials behave. They had a customer who was upset with them over the way they had “solved” a warpage problem with a part molded in a glass-fiber-reinforced PBT polyester. They had started out with a high mold
Novel ‘Flat’ Fiberglass Enhances Injection Molded TP Composites
March 2, 2018
Advances in fiberglass reinforcements for thermoplastics have evolved from conventional chopped strand to long-glass fibers to hybrids of long glass and carbon fibers. New flat glass fibers are said to exhibit excellent bonding and mechanical properties, reduced warpage, and ease of processing. The first three grades of flat fiberglass are said to
How to Set Barrel Zone Temps
March 2, 2018
In setting up a new or existing mold, there are a myriad of variables the processor has to deal with, yet one gets immediate attention: setting up the barrel zone temperatures. Operators don’t want to waste time waiting for the machine to warm up, so they generally set the zones to the desired temperatures as they set the mold and prepare for
Unique Machine Combines Dryer, TCU in Single Footprint
March 2, 2018
Novel, space-saving device co-developed by Novatec and Advantage Engineering offers a single control designed to reduce setup mistakes. DryTemp+ is a novel dryer/TCU combination unit developed jointly by Novatec and Advantage Engineering. It occupies the same floor space as Novatec’s NovaWheel portable dryer. Among its features, TCU
Now You Can Injection Mold Unpainted Automotive Soft Skins
March 2, 2018
New S-TPE for interior trim challenges slush molding and TPV competition. Unpainted soft skins can now be produced by the familiar technology of injection molding in a little over 1 min, rather than waiting 4-5 min for slush molding. To prove the viability of its new IMSS technology to the automotive market, Kraton built an IP-skin tool mimicking a
Unique Machine Combines Dryer, TCU in Single Footprint
March 2, 2018
Novel, space-saving device co-developed by Novatec and Advantage Engineering offers a single control designed to reduce setup mistakes. DryTemp+ is a novel dryer/TCU combination unit developed jointly by Novatec and Advantage Engineering. It occupies the same floor space as Novatec’s NovaWheel portable dryer. Among its features, TCU
Global Brass and Copper Holdings, Inc. Reports Fourth Quarter and Full Year 2017 Results
March 2, 2018
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Global Brass and Copper Holdings, Inc. (NYSE:BRSS) (“GBC” or the “Company”) today announced the results for the fourth quarter and full year ended December 31, 2017. Fourth Quarter Operating Results GBC volumes for the fourth quarter of 2017 increased 5.8% to 127.7 million pounds as
Cleveland-Cliffs Applauds the Trump Administration for Taking Action on Steel Imports
March 2, 2018
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc., (NYSE: CLF) the largest merchant supplier of iron ore pellets to the United States steel industry, today issued the following statement regarding President Trump’s announcement of tariffs of 25 percent on steel imported to the United States. Lourenco Goncalves, Cliffs' Chairman,
NRF Calls Steel and Aluminum Tariffs ‘Tax on American Families’
March 2, 2018
WASHINGTON--(BUSINESS WIRE)--In response to President Trump’s announcement today that he plans to order new tariffs on steel and aluminum, the National Retail Federation issued the following statement from President and CEO Matthew Shay: “Make no mistake, this is a tax on American families. When costs of raw materials like steel and
VSE Reports Financial Results for Fourth Quarter and Year Ended 2017
March 2, 2018
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported the following consolidated financial results for the three months and twelve months ended December 31, 2017. CEO Commentary “Our Federal Services Group was the primary driver of our revenue increase in 2017 due to continued growth in our DoD work,” said Maurice
Ingevity receives clearance from U.S. Federal Trade Commission for acquisition of
March 1, 2018
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) today announced that the U.S. Federal Trade Commission (FTC) has cleared Ingevity’s proposed acquisition of Georgia-Pacific’s pine chemicals business, which was announced on August 22, 2017. Ingevity expects to close on the transaction in the first quarter of
Westlake Chemical Partners LP Filed Annual Report
March 1, 2018
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 with the Securities and Exchange Commission on March 1, 2018. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com, by
Daimler Recognizes HARMAN for Technology and Innovation at the 2018 Supplier Awards
March 1, 2018
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., was recognized at the 2018 Daimler Supplier Awards for their outstanding technology and innovation to realize the all-new Mercedes-Benz User Experience (MBUX) infotainment system. The honor focused on HARMAN’s extraordinary
Babcock & Wilcox Announces Fourth Quarter 2017 Results
March 1, 2018
CHARLOTTE, N.C.--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today fourth quarter 2017 revenues of $408.1 million, an increase of $28.1 million, or 7%, compared to the fourth quarter of 2016. GAAP earnings per share in fourth quarter 2017 were a loss of $2.44 compared to a loss per share of $1.47 in
Orion Engineered Carbons Announces Interim Cash Dividends
March 1, 2018
LUXEMBOURG--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company”), a worldwide supplier of specialty and high-performance Carbon Black, today announced that its board of directors has declared interim dividends, one to be paid in the first quarter and one to be paid in the second quarter of 2018, each in the amount
Jury Awards AeroVironment Damages of More Than $2.4 Million in Lawsuit Against AeroVironment’s
March 1, 2018
MONROVIA, Calif.--(BUSINESS WIRE)--AeroVironment, Inc. (NASDAQ: AVAV) today announced that it won an important jury verdict in Ventura County Superior Court. On February 26 the jury found that former AeroVironment employees, Gabriel Torres, Justin McAllister, and Jeff McBride engaged in fraud, and that Torres and McAllister breached their
Allied Motion Announces Fourth Quarter and Full Year 2017 Financial Results Conference Call and
March 1, 2018
AMHERST, N.Y.--(BUSINESS WIRE)--Allied Motion Technologies Inc. (NASDAQ: AMOT) (“Company”), a designer and manufacturer that sells precision motion control products and solutions to the global market, announced that it will release its fourth quarter and full year 2017 results after the close of financial markets on Wednesday, March 14,
Mercedes-Benz USA Posts Best-Ever February Sales Volume with 24,760 Units
March 1, 2018
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported best-ever February sales of 24,760 units, increasing 1.0% from the 24,522 vehicles sold during the same month last year. Mercedes-Benz Vans also reported best-ever February sales with 3,028 units (up 20.5%) and smart reported 106 units, bringing the MBUSA grand total to 27,894
BMW Group U.S. Reports February 2018 Sales
March 1, 2018
WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--Sales of BMW brand vehicles increased 4.2 percent in February 2018 for a total of 23,508 compared to 22,558 vehicles sold in February 2017. Collectively, the BMW X models had a very strong month of sales, led specifically by the BMW X1 (2,857 vehicles), BMW X3 (3,281 vehicles) and BMW X5 (4,006 vehicles).
Comtech Telecommunications Corp. to Report Second Quarter of Fiscal 2018 Results on March 7th
March 1, 2018
MELVILLE, N.Y.--(BUSINESS WIRE)--March 1, 2018-- Comtech Telecommunications Corp. (Nasdaq: CMTL), a leading provider of products, systems and services for advanced communications solutions, today announced that it will report its second quarter of fiscal 2018 results after the market closes on Wednesday, March 7, 2018. The Company has scheduled an
MES System Supports Single-Part Manufacturing
March 1, 2018
Tebis America’s ProLeiS manufacturing execution system (MES) offers data management, manufacturing planning and manufacturing control functions to control individual parts for dies and injection molds, from quote to finished product. The system enables project managers to check whether proposed
Mastercam 2019 Released for Public Beta
March 1, 2018
Mastercam 2019 public beta is now open to all currently maintained Mastercam customers. News Post: 3/1/2018 Edited by Eli Plaskett Assistant Editor, Modern Machine Shop The Mastercam 2019 public beta is now open to all currently maintained Mastercam customers. Shops have a chance to test drive the software before it is released and provide feedback
Tool Series Expanded with Routers, End Mills, Engravers
March 1, 2018
LMT Onsrud LP has expanded offerings in seven of its product series, including DFC routers, solid carbide end mills and PCD engravers. New Product Post: 3/1/2018 Edited by Julia Hider Assistant Editor, Modern Machine Shop LMT Onsrud LP has expanded offerings in seven of its product series including DFC routers, solid carbide end mills and
Cardiovascular Systems, Inc. and OrbusNeich Announce FDA Clearance of the First and Only 1.0mm
March 1, 2018
ST. PAUL, Minn.--(BUSINESS WIRE)--Cardiovascular Systems, Inc. (CSI®) (NASDAQ: CSII), a medical device company developing and commercializing innovative interventional treatment systems for patients with peripheral and coronary artery disease, today announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for the
Technologies for More Effective Medical Component Manufacturing Seen at MD&M West 2018
March 1, 2018
Advancements in 3D printing, automation and inspection technologies were prominent at this year's Medical Design and Manufacturing West show. Blog Post: 2/27/2018 Eli Plaskett Assistant Editor, Modern Machine Shop This year’s Medical Design & Manufacturing Expo West (MD&M West) show in Anaheim, California, featured
Ron Huibers Recognized as an NACD Governance Fellow
March 1, 2018
CHESAPEAKE, Va.--(BUSINESS WIRE)--The National Association of Corporate Directors (NACD) recently recognized Ron Huibers, president of Volvo Penta of the Americas, as an NACD Governance Fellow. As the highest standard of credentialing for directors and governance professionals, NACD Fellowship is a comprehensive and continuous program of study that
CORRECTING and REPLACING Textron Declares Quarterly Dividend
March 1, 2018
PROVIDENCE, R.I.--(BUSINESS WIRE)--This release corrects the record date for the quarterly dividend. The record date will be March 12, 2018--not March 9, 2018 as originally announced. Second paragraph of release dated February 28, 2018, should read: All dividends will be paid on April 1, 2018 to shareholders of record as of March 12, 2018. The
Saint-Gobain Acquires HyComp
March 1, 2018
CLEVELAND--(BUSINESS WIRE)--Saint-Gobain’s Performance Plastics business has acquired HyComp LLC, an Ohio-based manufacturer of advanced proprietary components for the aerospace and industrial markets. Founded in 1986, HyComp operates from a single location in the Cleveland area where it has approximately 120 employees. The company is a
Magna’s 200,000-Unit Capacity: For Full Vehicles
March 1, 2018
Generally automotive suppliers—even the giant ones—make parts, components and systems. Blog Post: 3/1/2018 Gary S. Vasilash Editor-in-Chief, Gardner Business Media, Inc. Generally automotive suppliers—even the giant ones—make parts, components and systems. Generally these suppliers, when having a stand at an auto show, focus
Calgon Carbon Announces Fourth Quarter 2017 Results
March 1, 2018
PITTSBURGH--(BUSINESS WIRE)--Calgon Carbon Corporation (NYSE: CCC) (Calgon Carbon or the Company) announced results for the 2017 fourth quarter that ended on December 31, 2017. Net sales for the fourth quarter of 2017 were $161.5 million, an increase of $24.0 million, or 17.5%, compared to net sales of $137.5 million for the fourth quarter of 2016.
Axalta Announces its 2017 Supplier of the Year Winners
March 1, 2018
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA) today announced its 2017 Supplier of the Year award winners. The award recognizes top suppliers who went above and beyond expectations to ensure that Axalta provides exceptional products to customers every day. This year’s winners are: Altana, Asahi Kasei Group, Chemours,
Voorhees Named CEO of Rust-Oleum Group
March 1, 2018
MEDINA, Ohio--(BUSINESS WIRE)--RPM International Inc. (NYSE: RPM) today announced that its Rust-Oleum Group will have new leadership. Edward J. Voorhees III, president of Rust-Oleum North America, will take over as CEO of Rust-Oleum Group effective today. He replaces Thomas E. Reed, who will assume the position of chairman as he approaches his
U.S. Army Awards 3M Additional $34 Million for Helmets of the Future
March 1, 2018
ST. PAUL, Minn.--(BUSINESS WIRE)--The U.S. Army has awarded Ceradyne, Inc., a 3M company, an additional $34 million to continue supplying its ballistic helmet of the future. The Integrated Head Protection System (IHPS) – which Popular Mechanics described as “straight out of science fiction” – uses advanced materials, an
Smithers Pira Announces 2018 Digital Textile Printing Conference
March 1, 2018
AKRON, Ohio--(BUSINESS WIRE)--Smithers Pira, is pleased to announce that the 2018 Digital Textile Printing Conference will take place June 7-8, in Chicago. Concluding this year’s Digital Print Week, Digital Textile Printing will focus on Applications and Market Drivers Within Digital Textile Printing, exploring topics such as innovations and
ISA TanTec to Acquire Auburn Leather Lace Business
March 1, 2018
MACAU, China--(BUSINESS WIRE)--ISA TanTec is pleased to announce that it has signed definitive agreements to acquire the Auburn Leather brand, business and assets with closing in Q2 2018. Key Auburn staff, including Lisa Howlett, will be retained to ensure continued high quality, character and consistency of the Auburn leather laces for which they