Monday, August 20, 2018
All News
CORRECTING and REPLACING Hagens Berman Files National Lawsuit Against Mercedes Stating BlueTEC
February 18, 2016
CHICAGO--(BUSINESS WIRE)--The second paragraph, first sentence, should read: The suit, filed Feb. 18, 2016, in the U.S. District Court for the District of New Jersey... (instead of U.S. District Court for the Northern District of Illinois). The corrected release reads: HAGENS BERMAN FILES NATIONAL LAWSUIT AGAINST MERCEDES STATING BLUETEC DIESELS
SIG Combibloc Group Holdings S.à r.l.: 2015 Year End Results
February 18, 2016
LUXEMBOURG--(BUSINESS WIRE)--We are pleased to announce our quarterly conference call to discuss the results of SIG Combibloc Group Holdings S.à r.l. for the year ended 31 December 2015. Date: Thursday, February 25, 2016 Time: 15.00 CET / 14.00 GMT / 9.00 EST The call information will be distributed on our secure site. If you would like
Materion Corporation Reports Fourth Quarter and Full-Year 2015 Financial Results
February 18, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE:MTRN) today reported fourth quarter and full-year 2015 financial results. Fourth quarter 2015 GAAP earnings were $0.33 per share, diluted. Adjusted fourth quarter earnings were $0.36 per share, diluted, in line with Company expectations. Full-year 2015 earnings were $1.58 per
Rotterdam Ground Breaking: LBC Tank Terminals Start Building Additional Stainless Steel Tank
February 18, 2016
ROTTERDAM, Netherlands--(BUSINESS WIRE)--In order to meet the increasing demands of its customers, LBC has initiated the construction of additional tank capacity at the LBC terminal in Botlek - Rotterdam in February 2016. In line with expanding its jetty capabilities, LBC is further investing in its Rotterdam terminal and storage capacity will be
The Chemical Company Named Distributor for Emerald Performance Materials
February 18, 2016
JAMESTOWN, R.I.--(BUSINESS WIRE)--Emerald Kalama Chemical, a business unit of Emerald Performance Materials, has selected The Chemical Company (TCC) as a distribution partner for their K-Flex line of dibenzoate-based plasticizers. TCC and Emerald Kalama have created a partnership that will grow Emerald Kalama’s market reach. The addition of
IronPlanet Sells Record $93.8 Million at Florida 2016 Cat Auction Services Unreserved Public Auction
February 18, 2016
PLEASANTON, Calif.--(BUSINESS WIRE)--IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, sold more than 2,350 items for $93.8 million in gross merchandise volume, or GMV, at its Cat Auction Services unreserved public auction in Kissimmee, FL, last week. GMV from IronPlanet’s five-day
PPG Completes $7.8 Million Investment at Global Paint and Coatings Research and Development Hub
February 18, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today marked the completion of a $7.8 million investment at its Coatings Innovation Center in Allison Park, Pennsylvania, just 20 minutes from its global headquarters in Pittsburgh. (Additional content is available at http://newsroom.ppg.com/coatingsinnovation.) The upgrades to the facility include
Popularity of Steer-by-wire Technology to Accelerate the Global Demand for Automotive Steering, Says
February 18, 2016
LONDON--(BUSINESS WIRE)--According to the latest research study released by Technavio, the global automotive steering market is expected to reach over 183 million units in terms of production by 2020. This research report titled ‘Global Automotive Steering System Market 2016-2020’, provides an in-depth analysis of market growth in terms
Zetabid Announces Public Auction of the Vineland Kosher Poultry Industrial Facility in New Jersey
February 18, 2016
LOS ANGELES--(BUSINESS WIRE)--Heritage Zetabid Realty & Auction Services, a division of Heritage Global Inc., today announced the sale at public auction of the Vineland Kosher Poultry Plant at 1100 South Mill Road in Vineland, NJ. The 30-acre site features over 55,000 square feet of industrial space and comes equipped with a fully-functional
Benefits of Installing Air Handling Units Infusing Growth into the Global Air Handling Unit Market,
February 18, 2016
LONDON--(BUSINESS WIRE)--According to the latest market research report by Technavio, the global air handling unit market is expected to grow at a CAGR of close to 7% until 2020. In this report, Technavio covers the present scenario and growth prospects of the global air handling unit market for 2016-2020. The market size has been calculated based
Houston Astros Set to Install Musco’s LED Lighting System
February 18, 2016
HOUSTON & OSKALOOSA, Iowa--(BUSINESS WIRE)--When Major League Baseball’s Houston Astros take the field on April 11 against the Kansas City Royals at Minute Maid Park, it will be under Musco’s cutting-edge SportsCluster Green™ LED system. As part of continued upgrades to Minute Maid Park, the new lighting system will provide
Envelop VR Software Provides Enterprise Customers with a Platform to Extend Their Existing
February 18, 2016
BELLEVUE, Wash.--(BUSINESS WIRE)--Envelop VR, a software company that is leading businesses to immersive computing, announced today that it has hired Jeff Hansen as Vice President of Business Development. Jeff’s primary role will be to engage with enterprise customers wanting to solve for real business challenges by utilizing a virtual
Comtrol Corporation to Attend the Axis AE Technology Summit in Coronado, CA
February 18, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Comtrol Corporation, a leading manufacturer of industrial device communication products, will be attending the Axis AE Technology Summit. The event will be held in Coronado, California at the Coronado Island Marriott Resort and Spa from Wednesday February 24th at 6:00 PM to Saturday the 27th at 8:00 PM PT. The Axis AE
Milacron Holdings Corp. to Participate in the Bank of America Merrill Lynch 2016 Industrial, Energy
February 18, 2016
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (“Milacron”) (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry, today announced that Tom Goeke, Chief Executive Officer, and Bruce Chalmers, Chief Financial Officer, will participate in the Bank of America Merrill Lynch 2016 Industrial,
Hagens Berman Files National Lawsuit Against Mercedes Stating BlueTEC Diesels Pollute at Illegal
February 18, 2016
CHICAGO--(BUSINESS WIRE)--An owner of a Mercedes BlueTEC diesel automobile today filed a class-action lawsuit against Mercedes stating the automaker knowingly programmed its Clean Diesel vehicles to emit illegal, dangerous levels of nitrogen oxide (NOx) at levels 65 times higher than those permitted by the EPA when operating in temperatures below
Joy Global Inc. Announces Fiscal First Quarter 2016 Earnings Release and Conference Call Information
February 18, 2016
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (NYSE: JOY) announced today that it will release fiscal first quarter 2016 earnings results before the market opens on Thursday, March 3, 2016. A conference call is scheduled for 11:00 a.m. EST that same day to discuss the financial results. Ted Doheny, President and CEO and Jim Sullivan, Executive Vice
Logility Named a Food Logistics Magazine Top 100 Technology Provider for the Twelfth Consecutive
February 18, 2016
ATLANTA--(BUSINESS WIRE)--Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced Food Logistics magazine has selected Logility for the 12th consecutive year for inclusion in its annual FL100, a recognition of the top 100 technology providers for the food and beverage
North Carolina Entrepreneurs Break $1 Billion Mark for Equity Funding in 2015
February 18, 2016
DURHAM, N.C.--(BUSINESS WIRE)--The Council for Entrepreneurial Development (CED), the largest and longest-running entrepreneurial network in the nation, today released its 2015 Innovators Report. The report tracks technology-based entrepreneurial activity in North Carolina. The report for 2015 shows that 170 North Carolina entrepreneurial companies
Insignia Systems, Inc. to Report 2015 Fourth Quarter and Full Year Financial Results and Conduct
February 18, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia” or “the Company”) today announced that it will issue its financial results for the fourth quarter and full year ended December 31, 2015 on Wednesday, March 2, 2016 after the close of the stock market. Insignia’s management team will host a
OSRAM SYLVANIA Launches First-to-Market 10-Year LED Portfolio for the Public
February 18, 2016
WILMINGTON, Mass.--(BUSINESS WIRE)--More and more consumers have heard about the benefits of LED lighting, like long life and energy savings. The initial upfront cost or poor quality from low-cost options have kept many from enjoying the advantages though. Those concerns are gone now thanks to the new SYLVANIA 10-Year LED lighting family from OSRAM
Carey Chen Joins NVBOTS Board of Directors
February 18, 2016
BOSTON--(BUSINESS WIRE)--NVBOTS, the provider of automated, enterprise 3D printing solutions disrupting business and education, today announced Mr. Carey Chen, CEO & Vice Chairman of the Board of Cincinnati Incorporated, is joining the NVBOTS Board of Directors. Mr. Chen brings more than 20 years of executive experience in corporate finance,
Westinghouse Prepares for Global Growth
February 18, 2016
PITTSBURGH--(BUSINESS WIRE)--Furthering its Right to Grow strategy, today Westinghouse Electric Company announced management assignments as part of its global business strategy. This alignment helps Westinghouse deliver on its strategy to be a customer-centric, global technology company. Through this transition, Westinghouse will be further aligned
Wynnchurch Capital Acquires Texas Hydraulics
February 18, 2016
ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, a leading middle-market private equity firm, has acquired Texas Hydraulics (the "Company") from Dover Corporation. The Company is a leading manufacturer of highly engineered, custom-designed hydraulic cylinders, swivels and related components for mobile equipment applications. Founded in 1968,
Stealth.com Releases a New Fanless Mini PC with Dual Expansion Slots
February 18, 2016
TORONTO--(BUSINESS WIRE)--Stealth.com (a Sparton company), a leader in the industrial rugged computer and peripherals market has released a new powerful Fanless Mini PC model LPC-720F featuring built-in dual expansion slot capability designed for a large variety of demanding applications. The LPC-720F can be configured with (2) PCI slots or (2)
CIRCOR International to Present at Gabelli & Company’s 26th Annual Pump, Valve, &
February 18, 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 that President and Chief Executive Officer Scott Buckhout, and EVP and Chief Financial Officer Rajeev Bhalla,
OEM: Financial Statement Full Year 2015
February 18, 2016
TRANÅS, Sweden--(BUSINESS WIRE)--Regulatory News: OEM (STO:OEMB) Fourth quarter 2015 · Incoming orders rose 13% to SEK 577 million (512) · Net sales rose 15% to SEK 581 million (507) · Operating profit (EBITA) rose 27% to SEK 64 million (50) · Profit before tax rose 27% to SEK 58 million (46) · Profit after
Materialise NV Announces Collaboration with Mathys Ltd Bettlach
February 18, 2016
LEUVEN, Belgium--(BUSINESS WIRE)--Materialise NV (NASDAQ:MTLS), a leading provider of 3D software and sophisticated 3D printing solutions, and pioneer in medical image based guide technology, today announced the signing of an agreement with the Swiss orthopaedic producer Mathys for the use of Materialise’s Shoulder Guide System. Hilde
Gibraltar Exceeds Guidance with Strong Fourth-Quarter 2015 Financial Results
February 18, 2016
BUFFALO, N.Y.--(BUSINESS WIRE)--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and distributor of building products for industrial, infrastructure and residential markets, today reported its financial results for the three- and twelve-month periods ended December 31, 2015. All financial metrics in this release reflect only the
Thinfilm and Constantia Flexibles Partner to Deliver Smart Packaging Solutions to the Beverages
February 18, 2016
OSLO, Norway--(BUSINESS WIRE)--Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN.OL) (OTCQX: TFECY), a global leader in printed electronics and smart systems, today announced a partnership with Constantia Flexibles (“Constantia”), one of the world's leading manufacturers of flexible packaging and labels. The two companies
Advantage Capital Agribusiness Partners Makes Follow-on Investment in American Botanicals
February 18, 2016
ST. LOUIS--(BUSINESS WIRE)--Advantage Capital Agribusiness Partners, LP (ACAP) has announced a second investment in American Botanicals, LLC, a Missouri-based supplier of bulk herbs and botanical products, to help fund the acquisition of Aloha Medicinals, Inc., a biotechnology company focused on medicinal mushroom production. American Botanicals
Joey Benadretti, SYSPRO USA President, Recognized for Supply Chain Expertise
February 18, 2016
COSTA MESA, Calif.--(BUSINESS WIRE)--SYSPRO, a provider of best-of-breed, award-winning enterprise resource planning (ERP) software for on premise, cloud-based and mobile utilization, today announced that Supply & Demand Chain Executive magazine, an international B2B publication that provides mission-critical editorial to address the issues and
Fluor Awarded Construction Management Contract by Sunoco Logistics for Mariner East 2 Project
February 18, 2016
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was awarded a construction management contract by Sunoco Logistics for the Mariner East 2 project at its Marcus Hook Industrial Complex on the Delaware River in Pennsylvania. Fluor booked the undisclosed contract value into backlog in the fourth quarter of 2015.
ADI and Consumer Physics IoT Platform Enables Material Analysis of Food, Drugs and More for Quality,
February 18, 2016
NORWOOD, Mass. & TEL AVIV, Israel--(BUSINESS WIRE)--Analog Devices, Inc. (ADI) and Consumer Physics, Inc. (CP) today announced a collaboration to develop a sensor-to-cloud personal and industrial Internet of Things (IoT) platform that analyzes liquids and solids, including food, plants, drugs, chemicals, the human body, and a variety of other
VPG Reports Full Year Fiscal 2015 and Fourth Quarter Results
February 18, 2016
MALVERN, Pa.--(BUSINESS WIRE)--Vishay Precision Group, Inc. (NYSE:VPG), a leading producer of precision sensors and systems, today announced its results for the fourth quarter and full year ended December 31, 2015. Highlights: Fourth quarter net revenues of $58.9 million. Fourth quarter adjusted diluted earnings per share of $0.20. Fourth quarter
LSB Industries, Inc. Schedules 2015 Fourth Quarter Financial Results Release for Monday, February
February 18, 2016
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the fourth quarter and year ended December 31, 2015 on Monday, February 29, 2016, after the close of the stock market. LSB’s management will host a conference call on Tuesday, March 1, 2016 at
Valspar Reports Fiscal First Quarter 2016 Results
February 18, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Valspar (NYSE:VAL): Summary Financials     Fiscal First Quarter 2016 (Ended January 29, 2016) Reported Results   % Change   Adjusted* Results   % Change     2016   2015       2016   2015     Net Sales   $885.8   $1,014.7   (13%)  
The Toro Company Reports Record First Quarter Results
February 18, 2016
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today reported net earnings of $39.3 million, or $0.70 per share, on a net sales increase of 2.6 percent to $486.4 million for its first quarter ended January 29, 2016. In the comparable fiscal 2015 period, the company delivered net earnings of $31.0 million, or $0.54 per share, on
Lawson Products Reports Full Year and Fourth Quarter 2015 Results
February 18, 2016
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 full year and the fourth quarter ended December 31, 2015. For the full year 2015, adjusted non-GAAP operating income was $8.3 million (see
Avolon Explores the Relevance and Importance of Aircraft Appraisers and Valuers to the Aviation
February 18, 2016
DUBLIN--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, today publishes a Discussion Paper, Values and Valuers, which explores the business of aircraft appraisal and valuation in the aviation industry. The Paper, which is the latest in a series of Discussion Papers published by Avolon, offers guidelines on what to look for when
PEI-Genesis Now Offers New Enhanced Plating Option with Improved Resistance to the Harshest
February 18, 2016
PHILADELPHIA--(BUSINESS WIRE)--PEI-Genesis, in partnership with Amphenol Industrial Products Group, is now offering a new plating option which is both RoHS and REACH compliant, and designed to be used in the harshest of environments. Amphenol Industrial has enhanced its standard shell plating from standard cadmium to gray zinc nickel (Gray ZnNi).
Soraa Launches Flicker FreeTM Mr16 LED Lamps
February 18, 2016
FREMONT, Calif.--(BUSINESS WIRE)--Soraa, the world leader in GaN on GaN™ LED technology, announced today that it has incorporated advanced digital drivers into its award winning MR16 LED lamps—making them flicker free. Featuring the company’s signature elements of full visible spectrum light, Soraa’s new Flicker FreeTM MR16
Spectrum Brands Holdings to Reaffirm Fiscal 2016 Guidance at CAGNY Conference
February 18, 2016
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products company offering an expanding portfolio of leading brands providing superior value to consumers and customers every day, announced it will reaffirm fiscal 2016 guidance during its presentation today at the 2016 Consumer Analyst Group of New York
Oshkosh Corporation Clears Legal Challenge Related to the $6.7 Billion JLTV Production Contract
February 18, 2016
OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, is clear of the legal challenge related to its Joint Light Tactical Vehicle (JLTV) production contract award after a competitor withdrew its protest from the U.S. Court of Federal Claims. Last week, the Court of Federal Claims denied the
Airlines for America Applauds U.S.-Japan Aviation Agreement
February 18, 2016
WASHINGTON--(BUSINESS WIRE)--Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today applauded the U.S. government’s efforts to secure a new agreement with Japan resulting in greater access for U.S. airlines and their customers to Tokyo’s downtown Haneda Airport. U.S. airlines and their
129 Million Autonomous-Capable Vehicles Are Expected to Be Sold from 2020 to 2035, According to
February 18, 2016
BOULDER, Colo.--(BUSINESS WIRE)--A recent report from Navigant Research analyzes the emerging market for different levels of fully and semi-autonomous driving, with global market forecasts by region for vehicle volume and revenue, through 2035. Over the last few years, the topic of autonomous (or self-driving) cars has shifted from the realm of
Bumpy Commute? Try Driving on the World’s Worst Road – a Hellish Mix of Potholes, Cobblestones
February 18, 2016
LOMMEL, Belgium--(BUSINESS WIRE)--Potholes and other rough road surfaces have become a pricey problem for motorists around the world. In the U.S., pothole damage has cost drivers $15 billion in vehicle repairs over the last five years – approximately $3 billion annually – according to a new study from AAA. Recognizing the issue, Ford
Bong AB: Year-end Report January-December 2015
February 18, 2016
KRISTIANSTAD, Sweden--(BUSINESS WIRE)--Regulatory News: Bong AB (STO:BONG): "Bong has during the last year completely restructured the company and reduced the number of sites and personnel drastically in order to have a more lean and effective organization to be competitive in the tough envelope market. The rapid increase in paper prices from
AlfaLaval wins SEK 60 Million Energy-Efficiency Order in Russia
February 18, 2016
LUND, Sweden--(BUSINESS WIRE)--Regulatory News: Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Alfa Laval compact heat exchangers to a refinery in Russia. The order, booked in the Energy & Process segment, has a value of approximately SEK 60 million and
Head of HR Anna Vikström Persson Has Chosen to Leave Sandvik
February 18, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Sandvik (STO:SAND): Anna Vikström Persson, Executive Vice President and Head of Group function Human Resources (HR), has decided to resign from her position, as of 1 June 2016. “Anna Vikström Persson has developed the HR organization and its operations in a significant way during
SPEEA Engineers and Technical Workers Approve New Six-Year Contracts with The Boeing Company
February 18, 2016
SEATTLE--(BUSINESS WIRE)--Engineers and technical workers have accepted new six-year contract agreements with The Boeing Company that ensure continued market-leading salaries, retirement benefit growth and a choice of comprehensive medical plans, including a no-premium plan. Votes tallied Wednesday (Feb. 17) at the headquarters of the Society of