Monday, June 18, 2018
All News
Olympic Steel Announces Nomination of Idalene F. Kesner, Ph.D. to Serve on Board of Directors
February 22, 2018
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the nomination of Idalene ‘Idie’ Kesner, Ph.D. to serve as an independent director on the Company’s Board of Directors. Dr. Kesner is the Dean and Frank P. Popoff Chair of Strategic Management at Indiana
Lawson Products Reports Fourth Quarter 2017 Results
February 22, 2018
CHICAGO--(BUSINESS WIRE)--Lawson Products, Inc. (NASDAQ:LAWS) (“Lawson” or the "Company"), a distributor of products and services to the MRO marketplace, today announced results for the fourth quarter ended December 31, 2017. "We finished 2017 with a 17.8% increase in average daily sales driven by both acquired revenue and a 6.1%
CIRCOR Updates Q4 2017 Guidance Range Ahead of Gabelli Conference Presentation
February 22, 2018
BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (NYSE: CIR) today updated its Q4 2017 adjusted EPS and revenue guidance ahead of its presentation at Gabelli & Company’s Pump, Valve & Water Systems Symposium. CIRCOR originally provided fourth-quarter guidance during its third-quarter 2017 earnings call on October 27. The
Orbital ATK Announces Fourth Quarter and Full Year 2017 Financial Results
February 22, 2018
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense technologies, today reported financial results for the fourth quarter and full year ended December 31, 2017. Orbital ATK reported revenues of $1,348 million in the fourth quarter of 2017, up 6.0% from $1,272 million in the fourth quarter of 2016.
Garmin® introduces the revolutionary GFC 600H helicopter flight control system
February 22, 2018
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc. a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the GFC™ 600H flight control system for helicopter owners and operators – a breakthrough in cost-effective technology that reduces pilot workload and improves mission effectiveness. This attitude-based (AHRS-derived) flight
Garmin® reimagines helicopter flight displays with the introduction of the G500H TXi
February 22, 2018
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the G500H TXi, a new generation of touchscreen flight displays for helicopters. Built on the proven capabilities of the original G500H series, the G500H TXi offers a vastly expanded array of features, options and panel possibilities that
Garmin® unveils the G1000H® NXi Integrated Flight Deck Next-generation, all-glass solution for
February 22, 2018
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc. a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the G1000H NXi, the next-generation, all-glass integrated flight deck designed specifically for the FAR Part 27 VFR helicopter market. The G1000H NXi offers a number of new and enhanced features tailored to helicopter pilots, including
A.I. Will Become Our Inventor
February 22, 2018
We know how to engineer automation, but can we automate engineering? This possibility is nearer than we might expect, and it will have implications for manufacturing.  Blog Post: 2/22/2018 Peter Zelinski Editor-in-Chief, Modern Machine Shop Neural networks are not scary. Or so says Conrad Tucker, associate professor of engineering at Penn
A.I. Will Become Our Inventor
February 22, 2018
We know how to engineer automation, but can we automate engineering? This possibility is nearer than we might expect, and it will have implications for manufacturing.  Blog Post: 2/22/2018 Peter Zelinski Editor-in-Chief, Modern Machine Shop Neural networks are not scary. Or so says Conrad Tucker, associate professor of engineering at Penn
Pricing is Downward for PP; Upward for PE, PS, PVC
February 22, 2018
The degree of movement in either direction is not fully clear. Take a look as how pricing was trending from polyolefins, PS, and PVC as we enter the third week of this shortened month, with insights from Houston-based PetroChemWire (PCW), and Michael Greenberg, CEO of the Plastics Exchange in Chicago. ● PE: Both PCW’s senior editor
HDC Straight Shank Toolholder Handles Clearance Applications
February 22, 2018
Big Kaiser’s HDC Straight Shank holder has a slim design that provides balance, concentricity and reach for confined areas and can be clamped into other base holders to extend overall reach of the tool assembly and avoid the need for special tools.  New Product Post: 2/22/2018 Edited by Bart Bishop Assistant Editor, Production
Throwback Thursday: The Next Level of Mold Optimization
February 22, 2018
New technology gives everyone the ability to gain significant advantage, which pays off in faster builds, better performance, lower costs, and less risk molds long into the future.  Mark Scanlan of PFA uncovers the true advantage of implementing new technology, as it applies to mold components, specifically new modular mold
Mexichem Reports Fourth Quarter and Full Year 2017 Results
February 22, 2018
TLALNEPANTLA DE BAZ, Mexico--(BUSINESS WIRE)--Mexichem, S.A.B. de C.V. (BMV: MEXCHEM*) (“the Company” or “Mexichem”) announced its unaudited results for the fourth quarter and full year 2017. The figures have been prepared in accordance with International Financial Reporting Standards (“NIIF” or
Lorain Pig Iron, LLC Engaging Technical Service Providers for the Recommissioning of Republic
February 22, 2018
LORAIN, Ohio--(BUSINESS WIRE)--Lorain Pig Iron, LLC (“LPI”) announced it is engaging technical service providers necessary to review and submit proposals for the recommissioning of Republic Steel’s Blast Furnace 4 (“BF4”) in Lorain, Ohio. LPI is expected to commence the production of pig iron at BF4 before the end of
Peter Henry Joins NIKE, Inc. Board of Directors
February 22, 2018
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) today announced that Peter B. Henry has been appointed to the Company’s Board of Directors. Henry, 48, is Dean Emeritus of New York University’s Leonard N. Stern School of Business and William R. Berkley Professor of Economics and Finance. “Peter is a recognized authority in
Nordstrom Board of Directors Approves Quarterly Dividend
February 22, 2018
SEATTLE--(BUSINESS WIRE)--Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 37 cents per share payable on March 20, 2018, to shareholders of record at the close of business on March 5, 2018. About Nordstrom Nordstrom, Inc. is a leading fashion retailer based in the U.S. Founded in 1901 as
Tredegar Reports Fourth-Quarter and Full Year 2017 Results
February 22, 2018
RICHMOND, Va.--(BUSINESS WIRE)--Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported fourth-quarter and full year financial results for the period ended December 31, 2017. Fourth quarter 2017 net loss was $17.9 million ($0.54 per share) compared with net income of $1.7 million ($0.05 per
Celanese Announces Acetyl Intermediates Price Increases
February 22, 2018
DALLAS, SHANGHAI & AMSTERDAM--(BUSINESS WIRE)--Celanese Corporation (NYSE:CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediates products. The price increases below will be effective immediately, or as contracts otherwise allow, and are incremental to any
Oshkosh Corporation Receives Sustainability Honors from Barron’s and RobecoSAM
February 22, 2018
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK) today announced that it has received multiple honors highlighting the Company’s commitment to sustainability. Barron’s recently rated Oshkosh Corporation eighth on their first ever ranking of the “100 Most Sustainable Companies.” The full report can be found
EnPro Industries Adjusts Fourth Quarter 2017 Income Tax Provision
February 21, 2018
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) announced calendar and fourth quarter 2017 financial results on February 13, 2018. In accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 118 “Income Tax Accounting Implications of the Tax Cuts and Jobs Act” (“SAB 118”), the
REV Group to Release First Quarter 2018 Earnings on Wednesday March 7, 2018
February 21, 2018
MILWAUKEE--(BUSINESS WIRE)--REV Group (NYSE: REVG), today announced that it is planning to release its first quarter 2018 results after the market close on Wednesday, March 7, 2018. The Company will also hold a conference call to discuss its results at 11:00 am (Eastern Time) the following morning, March 8, 2018. The conference call can be accessed
Raj Nair, Ford’s President of North America, Exits Company
February 21, 2018
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company today announced that Raj Nair, executive vice president and president, North America, is departing from Ford effective immediately. The decision follows a recent internal investigation into reports of inappropriate behavior. The review determined certain behavior by Nair was inconsistent with the
IDS Appoints David Hamilton to Chief Executive Officer
February 21, 2018
MINNEAPOLIS--(BUSINESS WIRE)--International Decision Systems (IDS), the leading provider of equipment finance software, today announced the appointment of David Hamilton as Chief Executive Officer. Hamilton is the former President of SunGard Financial System’s Global Banking business, where he led a global team in delivering retail, corporate
Baron & Budd Files GenX Lawsuit on Behalf of Private Well Owners in North Carolina
February 21, 2018
DALLAS--(BUSINESS WIRE)--The national law firm of Baron & Budd announced today it has filed suit in the United States Eastern District of North Carolina against Chemours and DuPont for their role in contaminating several private properties near the Fayetteville Works facility on the Cape Fear River (Case No. 7:18-cv-00030-D). The suit alleges
U.S. Bankruptcy Court Confirms TK Holdings Chapter 11 Plan of Reorganization
February 21, 2018
TOKYO & AUBURN HILLS, Mich.--(BUSINESS WIRE)--Takata Corporation (“Takata” or the “Company”), a leading global supplier of automotive safety systems such as seat belts, airbags and child seats, today announced that The United States Bankruptcy Court for the District of Delaware (the “Court”) has confirmed the
Modular Gaging Software Enables Cost-Effective Implementation
February 21, 2018
Mahr Inc. has launched MarWin Millimar Cockpit software and Millimar N 1700 modules, an interactive MarWin-based gaging software and module-based gaging system that enables users to configure and implement both simple and complex gaging solutions quickly. The company designed the system to meet the ID, OD,
Innophos Holdings, Inc. Declares Quarterly Dividend
February 21, 2018
CRANBURY, N.J.--(BUSINESS WIRE)--Innophos Holdings, Inc. (Nasdaq: IPHS), today announced that its Board of Directors had declared a quarterly dividend of $0.48 per share of common stock. The dividend will be payable on March 16, 2018 to stockholders of record as of the close of business on March 9, 2018. About the Company Innophos is a leading
Universal Laser Systems® Expands Portfolio of Laser Material Processing Systems with the ULTRA
February 21, 2018
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--ULTRA platform-based laser systems are designed and ideally suited for precision laser cutting, laser ablation, and laser surface modification in manufacturing, research and development, academic research and prototyping environments. Major features of the series include rapid, high-accuracy laser beam
OrthoLite Chairman and Chief Executive Officer Glenn Barrett Joins Two Ten Footwear Foundation’s
February 21, 2018
AMHERST, Mass.--(BUSINESS WIRE)--OrthoLite, the leading provider of comfort and performance insoles, announces the appointment of Glenn Barrett, Chairman and Chief Executive Officer to the Two Ten Footwear Foundation’s Board of Directors. The Two Ten Footwear Foundation is the national charitable foundation of the footwear industry, providing
Growth Opportunities for Bio-based Chemicals and Materials in Europe and North America, 2018 -
February 21, 2018
DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities for Bio-based Chemicals and Materials in Europe and North America, 2017" report has been added to ResearchAndMarkets.com's offering. This research analyzes the penetration of bio-based chemicals and materials in three main applications that include paints and coatings, plastics, and adhesives and
Electro Rent Teams Up with Triathlon Computer
February 21, 2018
VAN NUYS, Calif.--(BUSINESS WIRE)--Electro Rent, a global leader of test and technology solutions and services has entered into an agreement to acquire operating assets of Triathlon Computer to further strengthen its technology remarketing, rental and asset management services. Having purchased Triathlon’s remarketing technology, Electro Rent
CGTech Celebrates 30th Anniversary
February 21, 2018
CGTech (Irvine, California), the developer of Vericut software, is celebrating three decades of business. The company, which has 10 wholly-owned subsidiaries, is continuing to release CNC simulation and optimization technologies. “CGTech may have started 30 years ago, but we continue coming out with new products while
Tool Grinding Software Supports Ballnose Tools
February 21, 2018
NUM has launched version 4.0 of its Numroto tool grinding software. New Product Post: 2/21/2018 Edited by Julia Hider Assistant Editor, Modern Machine Shop NUM has launched version 4.0 of its Numroto tool grinding software. The release provides new features and enhancements, including features for ballnose and corner radius tools,
Syngenta empowers ag students to be the future
February 21, 2018
GREENSBORO, N.C.--(BUSINESS WIRE)--Syngenta invites eligible university students to apply to its annual Syngenta Agricultural Scholarship program. Applicants are asked to share how they became #RootedinAg and how they will benefit today’s and tomorrow’s world as future leaders. “We are excited to continue the Syngenta Agricultural
AgroFresh Solutions Announces Fourth Quarter and Full Year 2017 Earnings Release Date and Conference
February 21, 2018
PHILADELPHIA--(BUSINESS WIRE)--AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce freshness solutions, announced today that it will release fourth quarter and full year 2017 results before the market opens on Thursday, March 8, 2018. Management will host a conference call that same day at 8:30 a.m. ET to discuss the results. To
CEMEX Ventures Invests in SAALG, a Startup Specializing in Geotechnics and Machine Learning
February 21, 2018
BARCELONA, Spain--(BUSINESS WIRE)--CEMEX Ventures announced today its investment in SAALG Geomechanics, a Spain-based engineering startup that has developed Daarwin, a software which provides real-time analysis of the behavior of the ground during civil works and large building projects. This is the third investment for CEMEX Ventures,
SwRI Developing Flight Test Solutions Through DARPA BRASS, AFRL Contract
February 21, 2018
SAN ANTONIO--(BUSINESS WIRE)--Southwest Research Institute is developing software application techniques to improve the agility and cost-effectiveness of flight tests used to qualify military and civilian aircraft. Funded by the Defense Advanced Research Projects Agency and the Air Force Research Laboratory, the one-year, $791,000 project supports
Comtech Announces Initial $11.7 Million Order to Provide Several Thousand Mobile Satellite
February 21, 2018
MELVILLE, N.Y.--(BUSINESS WIRE)--February 21, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its second quarter of fiscal 2018, its Command and Control Technologies group, through its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, which is part of Comtech’s Government Solutions segment, was
Joseph Stockunas, Nordson Corporation Corporate VP, Appointed to SEMI Foundation Board of Trustees
February 21, 2018
CARLSBAD, Calif.--(BUSINESS WIRE)--Nordson Corporation (NASDAQ: NDSN) announces that the SEMI Foundation has appointed Joseph Stockunas, Corporate Vice President for Electronics Systems at Nordson Corporation and the immediate past chair of the SEMI North America Advisory Board, to the SEMI Foundation Board of Trustees in accordance with the
LabVantage Highlights Packaged LIMS Solutions at Pittcon to Meet Industry-Specific Needs
February 21, 2018
SOMERSET, N.J.--(BUSINESS WIRE)--LabVantage Solutions, the leading provider of laboratory informatics solutions and services, provides packaged LIMS solutions that are built better to allow labs to go live faster and at a lower cost than using a traditional implementation approach. LabVantage packaged solutions bundle industry specific software
Innophos Holdings, Inc. Reports Fourth-Quarter and Full-Year 2017 Results
February 21, 2018
CRANBURY, N.J.--(BUSINESS WIRE)--Innophos Holdings, Inc. (NASDAQ:IPHS) today announced its fourth quarter and full year ended December 31, 2017 financial results. Full-Year 2017 Strategic Highlights Launched Vision 2022 strategic roadmap in April 2017 targeting $1.25 billion revenue and 20% Adjusted EBITDA margin by 2022 as a leading specialty
TDK showcases the latest in power technologies at APEC 2018
February 21, 2018
SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation will present several of its latest power solutions in stand 901, APEC 2018, March 4-8, in the Henry B. Gonzalez Convention Center, San Antonio, Texas. TDK’s expanding portfolio for engineers includes a variety of products to meet the growing demand for power technologies across multiple
Leading German Automotive Manufacturer Chooses Aras
February 21, 2018
ANDOVER, Mass. & MUNICH--(BUSINESS WIRE)--Aras today announced that the BMW Group is implementing the Aras PLM Platform as its backbone for test data management. This system will support planning, scheduling, execution, and documentation of vehicle tests and test results at various stages of vehicle development. The Aras PLM Platform will
ATI Elects New Director
February 21, 2018
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) today announced that Herbert J. “Hawk” Carlisle has been elected to the ATI Board of Directors. His election increases the number of directors to eleven. General Carlisle, 62, is President and Chief Executive Officer of the National Defense Industrial
Top Shops: Gross Sales Per Employee, 2018
February 21, 2018
The most efficient plating shops in the Products Finishing Top Shops Benchmarking Survey averaged almost twice the gross sales per employee than all other shops.  The most efficient plating shops in the Products Finishing Top Shops Benchmarking Survey averaged almost twice the gross sales per employee than all other shops. The Top
Protherm Purchases Process Thermal Dynamics
February 21, 2018
Protherm owner Marty Sawyer also owns Trimac Industrial Systems of Kansas City, Kansas, which manufactures process heating and cleaning equipment. Protherm, an electric infrared heater and oven manufacturer based in Brandon Minnesota, has completed the purchase of the assets of Process Thermal
CCAI Twin Cities Hosts Minnesota Paint & Powder Expo
February 21, 2018
The 2018 Minnesota Paint & Powder Coating Expo and related symposium will take place March 14-15, at Century College in White Bear Lake, near St. Paul. The Minnesota Technical Assistance Program (MnTAP) at the University of Minnesota is a co-host. The Twin Cities chapter of Chemical Coaters Association International (CCAI) and the
Garmin Reports Solid Fiscal 2017 Revenue and Operating Income Growth; Proposes Dividend Increase
February 21, 2018
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the fourth quarter and fiscal year ended December 30, 2017. Highlights for the fourth quarter 2017 include: Total revenue of $888 million, growing 3% over the prior year quarter, with outdoor, fitness, marine and aviation collectively growing 9% over
ITT Enidine Announces New Flight-Critical Components that Deliver Control, Comfort and Agility
February 21, 2018
ORCHARD PARK, N.Y.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) and its Enidine brand today announced the addition of high capacity laminated (HCL) elastomeric bearings and Frahm dampers to their extensive rotorcraft solutions portfolio. Enidine will showcase its comprehensive energy absorption and vibration isolation solutions for rotorcraft
The Citroën New Berlingo: The Leisure Class
February 21, 2018
Leave it to the French to come up with a better approach to positioning what is ostensibly a minivan but which has design cues that have the robustness that might be associated with a sport ute. Citroën will be showing at the Geneva Motor Show in March the New Berlingo, the third generation, which it describes as a “leisure activity