Sunday, January 20, 2019
All News
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
Crocs Launches LiteRide™, Its Newest Innovation in Comfort Technology
March 1, 2018
NIWOT, Colo.--(BUSINESS WIRE)--Crocs, Inc. (NASDAQ: CROX), a global leader in casual footwear for women, men and children, today announced the worldwide debut of LiteRide™, its most innovative comfort technology to-date. Created from “equal parts science and magic,” LiteRide, a revolutionary closed-cell material, reinforces
KIOTI Tractor Expands Utility Vehicle Product Offering with New K9 Series
March 1, 2018
WENDELL, N.C.--(BUSINESS WIRE)--KIOTI Tractor is introducing its new K9 utility vehicle series with the debut of the K9 2400 model. The K9 Series joins the MECHRON® Series as part of an expanded utility vehicle product offering from KIOTI and includes contemporary styling, enhanced ergonomics and an abundance of storage. “The launch of
Polaris RANGER® Announces All-New RANGER 150 EFI with Industry-First Technology for Rider Safety
March 1, 2018
MINNEAPOLIS--(BUSINESS WIRE)--Polaris, the industry leader in off-road vehicles, introduced today the RANGER® 150 EFI, a first-of-its-kind youth vehicle for riders 10 years and older that features rider-safety technology designed for parents’ peace of mind while letting youth riders experience the fun of driving their own vehicle. Driven
Ford F-Series Marks Best February Results in 18 Years While All-New Ford Expedition Posts 41 Percent
March 1, 2018
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE: F) today reported its February 2018 sales results. Click here or visit media.ford.com to view the news release. Ford will begin its monthly sales call at 10 a.m. ET this morning when Erich Merkle, Ford U.S. sales analyst, will host a conference call for the investment community and news
Historic Results of Groupe PSA in 2017: Revenue, Volume of Sales, Recurring Operating Income and Net
March 1, 2018
RUEIL-MALMAISON, France--(BUSINESS WIRE)--Groupe PSA: Successful execution of Push to Pass plan and first concrete results of Opel Vauxhall (OV) turnaround plan PACE!1 15.4% increase of Group sales at 3.63 million vehicles2 20.7% Group revenue growth at €65.2 billion3 7.3% Peugeot Citroën DS (PCD) Automotive division recurring operating
Sherwin-Williams Recognizes Vendor Award Winners
March 1, 2018
Mirka Abrasives earned Vendor of the Year and Excellence in Sales awards, Sames Kremlin also was recognized with a Sales Excellence Award, and Roo Glue won the New Market Growth Excellence Award. (From left) Kevin Bricker, vice president global marketing and business development, Sherwin-Williams Industrial Wood
Sherwin-Williams Recognizes Vendor Award Winners
March 1, 2018
Mirka Abrasives earned Vendor of the Year and Excellence in Sales awards, Sames Kremlin also was recognized with a Sales Excellence Award, and Roo Glue won the New Market Growth Excellence Award. (From left) Kevin Bricker, vice president global marketing and business development, Sherwin-Williams Industrial Wood
Collaboration with Other Shops Helps with Finding High-Value Machining Work
March 1, 2018
In a Maryland manufacturing co-op, the allied businesses sell one another’s services and support one another. The co-op even enables direct competitors to cooperate, as described in this video from the Top Shops Conference. How does an independent shop aiming to specialize in critical and challenging parts find this kind of work? Carl Livesay
New York Fashion Tech Lab Enters Fifth Year with Women at the Forefront of Retail’s Revolution
March 1, 2018
NEW YORK--(BUSINESS WIRE)--The New York Fashion Tech Lab (NYFT Lab), the leading Fashion-Tech innovation lab, announced the nine women-led entrepreneurial companies selected for this year’s program. Beginning its fifth year, the program has been at the forefront of retail and fashion technology innovation and integration. This year, the
Accuride Rockford Operations a Winner in IndustryWeek Best Plants Competition
March 1, 2018
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation – a supplier of components to the North American and European commercial vehicle industries – today announced that IndustryWeek magazine has selected its Rockford Operations wheel end manufacturing facility in Rockford, Ill., as a winner of the 2017 IndustryWeek Best Plants
Horizon Global Reports Financial Results for the Fourth Quarter and Full-Year 2017; Announces
March 1, 2018
TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today reported fourth quarter and full-year financial results for 2017. The Company also announced a targeted action plan, which includes the restructuring of its Americas business to
CenterOak Partners Announces Formation of TruRoad Holdings, Inc.
March 1, 2018
DALLAS--(BUSINESS WIRE)--CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced the formation of TruRoad Holdings, Inc. (“TruRoad” or the “Company”), through its investment in JN Phillips Auto Glass and subsequent combination with Techna Glass, Inc. The combination creates the
ATI and Tsingshan Announce Formation of Joint Venture
March 1, 2018
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) stated today that it formed its previously announced 50-50 joint venture (JV) with an affiliate company of Tsingshan Group (Tsingshan) to produce 60-inch wide stainless sheet products for sale in North America. Initial customer shipments are expected in the first half of
New Connected Power Sensor Delivers USB, LAN and PoE Connectivity Ideal for High Throughput
March 1, 2018
PARSIPPANY, N.J.--(BUSINESS WIRE)--Boonton, a Wireless Telecom Group company (NYSE:WTT), has begun shipping the new CPS2000 series of True Average Connected Power Sensors. With USB, LAN and PoE connectivity, a robust set of drivers, and best-in-class measurement speed, the CPS2000 series was designed to simplify integration and shorten test times