Tuesday, December 11, 2018
All News
G&K Services to Report Fiscal 2016 Second Quarter Financial Results
January 14, 2016
MINNEAPOLIS--(BUSINESS WIRE)--G&K Services, Inc. (NASDAQ: GK) will report its fiscal 2016 second quarter results on Tuesday, January 26, 2016, before the market opens. The company will also host a conference call to discuss its financial results and outlook. This conference call will be webcast beginning at 10 a.m. Central Time, on January 26,
Avnet Names Industry Executive to Lead Company’s Internet of Things Strategy
January 14, 2016
PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT), a leading global technology distributor, has announced that Eric Williams has been named to the newly created role of vice president, Internet of Things (IoT) for Avnet worldwide. In this role Williams will develop and deploy a global IoT strategy, working across the company to design, develop and
ITT’s i-ALERT2 Equipment Health Monitor Named One of Processing Magazine’s Breakthrough Products
January 14, 2016
SENECA FALLS, N.Y.--(BUSINESS WIRE)--ITT’s (NYSE:ITT) i-ALERT®2 Equipment Health Monitor, a product of ITT Goulds Pumps and ITT PRO Services, has been named a winner of Processing magazine’s 2015 Breakthrough Products of the Year. ITT’s i-ALERT2 monitor, released in May 2015, combines the latest in Bluetooth® low-energy
Owens Corning Joins Chief Executive Magazine’s Annual Ranking of “Best Companies for Leaders”
January 14, 2016
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning has been recognized as a global leader in leadership development, according to an annual ranking from Chief Executive magazine. Owens Corning ranked 11th on the “2016 Best Companies for Leaders” list, which consists of 40 public companies in all. “Owens Corning is honored with the
3D Imaging Hardware and Software Market to Reach $24.9 Billion by 2024, According to Tractica
January 14, 2016
BOULDER, Colo.--(BUSINESS WIRE)--Mostly hidden from media hype and mainstream consumers, 3D sensing technology has been used for niche enterprise and industrial applications, such as mapping and oil and gas exploration, for several years. The technology has traditionally relied primarily on the laser as a sensor. With advances in computer vision
The Global Building Stock is Expected to Increase to 171.6 Billion Square Meters by 2024, According
January 14, 2016
BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research offers a comprehensive view of the world’s total commercial and residential building stock, with data from eight commercial building types and two residential building types, from 2014 to 2024. Today, commercial, residential, and industrial buildings account for 47 percent
Alimak Signs Construction Elevator Orders in India
January 14, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Alimak Group (STO:ALIG), the vertical access solution company, has received two orders for construction elevators in India to be delivered during the first and second quarter of 2016. The total order value is 21 MSEK. The new orders of premium and mid market construction hoists will be delivered to
Nomination Committee of Trelleborg AB proposes new Board members
January 14, 2016
TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: The Nomination Committee of Trelleborg AB (STO:TRELB) has decided to propose that the 2016 Annual General Meeting elect Johan Malmquist, Gunilla Fransson and Susanne Pahlén Åklundh as new members to the Board. Furthermore, the Committee proposes the re-election of Board members Hans
Bulten Awarded New FSP Contract from New Customer within the Chinese Automotive Industry with a
January 14, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Bulten (STO:BULTEN) has been awarded a new FSP (Full Service Provider) contract for supply of fasteners to a Chinese automotive manufacturer. The total order value is of approximately SEK 60 million over two years initially. The deliveries will start and ramp up during 2017 and are expected
Mitsubishi Electric Awarded for CBTC System Verification Testing by MTA New York City Transit
January 14, 2016
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it was awarded a contract for the verification and testing of interoperability with the existing CBTC system by MTA New York City Transit (hereinafter called NYCT). NYCT has planned the system-wide implementation of an interoperable CBTC system in all subway
Graña Y Montero Announces Awarding of New Contract for S/. 204 Million
January 14, 2016
LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company” or “Graña y Montero”) a leading Engineering and Construction company, announced today that our subsidiary Concar S.A. has been awarded the contract for the service of road management, improvement and conservation of
Power Integrations’ InnoSwitch-CP ICs Dramatically Improve Charging Performance of Smart Mobile
January 14, 2016
SHENZHEN, China--(BUSINESS WIRE)--Power Integrations (Nasdaq:POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced its InnoSwitch™-CP family of off-line CV/CC flyback switching ICs. The new devices incorporate a constant power output profile which, when paired with an adaptive-voltage
CORRECTING and REPLACING IEEE Women in Engineering Announces Keynote Speakers, Unveils Agenda for
January 14, 2016
PISCATAWAY, N.J.--(BUSINESS WIRE)--Second paragraph of release should read: Air Force veteran, champion of women’s issues, and Vice Mayor of San Jose, Rose Herrera, will open the event with a welcome address tied to this year’s theme “Lead Beyond – Accelerating Women Who Change the World.” Among speakers slated to
Hitachi Opens New California Research Facility for Collaborative Creation in Social Innovation
January 14, 2016
SANTA CLARA, Calif.--(BUSINESS WIRE)--Hitachi, Ltd. (TSE:6501) and Hitachi America, Ltd. today announced the opening of a new dedicated research facility, the Global Center for Social Innovation - North America (CSI-North America), for collaborative creation with strategic partners in industry and academia. The new facility, located in the heart of
CORRECTING and REPLACING Colt Defense Emerges From Chapter 11 Restructuring
January 14, 2016
WEST HARTFORD, Conn.--(BUSINESS WIRE)--Second paragraph, second sentence of release should read: Specifically, the Company has reduced its debt by approximately $200 million, after giving effect to $50 million of new capital raised through the restructuring process (instead of Specifically, the Company has reduced its debt by approximately $200,000
CLARCOR Reports Fourth Quarter Financial Results
January 14, 2016
FRANKLIN, Tenn.--(BUSINESS WIRE)--CLARCOR Inc. (NYSE: CLC):         Unaudited Fourth Quarter and Full Year 2015 Highlights (Amounts in millions, except per share data and percentages)   Three Months Ended Full Year Ended 11/28/15       11/29/14       Change       11/28/15  
SPEEA and Boeing Reach Tentative Agreement to Extend Contracts for Engineers and Technical Workers
January 14, 2016
SEATTLE--(BUSINESS WIRE)--More than 20,000 engineers and technical workers at The Boeing Company will soon receive ballots to vote on six-year contract extensions that include market-leading wages, continued retirement benefit growth, a choice of comprehensive medical plans and enhanced job security language. Negotiated and unanimously recommended
DIATOOL Multi-Blade Reamers Increase Feed Rates and Lower Total Cost of Ownership
January 14, 2016
DIATOOL Monobloc Multi-Blade Reamers from Monaghan Tooling group produce precision bores with significantly higher feed rates (up to 150% faster) and reduced cycle times, when compared with single-point tools.
Coilcraft's New Compact, Current Sense Transformers Recognize Current Up to 20 Amps
January 14, 2016
Coilcraft announces its new CST7030 Series of surface mount current sense transformers which measure just 5.2 X 7.0 mm (with a max height of 3.0 mm) and sense up to 20 Amps of current at frequencies between 10 kHz and 1 MHz.
Linear Technology's New 45V 500mA LDO Offers Low 25µVRMS Noise
January 14, 2016
Regulator also provides 60dB PSRR at 1MHz and active output discharge for load protection
FIPA’s Custom Material Handling Solutions Decrease Cycle Time in Challenging Applications
January 14, 2016
FIPA recently solved a client’s conundrum by delivering a custom material handling solution that quickly and precisely picks and places extremely thin magnetic coded disks in an automated testing system.
Colt Defense Emerges From Chapter 11 Restructuring
January 13, 2016
WEST HARTFORD, Conn.--(BUSINESS WIRE)--Colt Defense LLC (“Colt” or the “Company”), today announced it has completed its financial restructuring and emerged from its Chapter 11 process. The Company concluded its restructuring after completing all required actions and satisfying all remaining closing conditions to its Amended
KIOSK Information Systems to Exhibit at NRF Big Show 2016, Booth 4131
January 13, 2016
LOUISVILLE, Colo.--(BUSINESS WIRE)--Press Kit Materials are Available at: http://www.tradeshownews.com/events/nrf-big-show-2016/KIOSK/ About KIOSK Information Systems KIOSK Information Systems is the #1 provider of self-service solutions in North America. The company provides complete project services; including hardware and software design,
Sealed Air to Hold Conference Call to Discuss Fourth Quarter and Full Year 2015 Results
January 13, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE:SEE) announced today that it will release its fourth quarter and full year 2015 results at approximately 7:30 a.m. (ET) on Wednesday, February 10, 2016 and will host a conference call and webcast later that morning at 10:00 a.m. (ET). Jerome A. Peribere, President and CEO and Carol P.
GrabTaxi to Open Engineering Center in Seattle
January 13, 2016
SINGAPORE--(BUSINESS WIRE)--GrabTaxi, the leading ride-hailing platform in Southeast Asia, today announced it will open its first office in the United States in Seattle, Washington in January 2016. The office will leverage the extremely rich Seattle-area talent pool to build a dedicated engineering team based in the United States. Raman Narayanan,
Berry Plastics Group, Inc. to Report First Quarter Fiscal 2016 Results and Host Conference Call
January 13, 2016
EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Plastics Group, Inc. (NYSE: BERY), a leading global manufacturer and marketer of innovative consumer packaging and engineered specialty materials, will report its first quarter fiscal 2016 results on Wednesday, February 10, 2016, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time
Fluor Named Best Company for Leaders by Chief Executive Magazine
January 13, 2016
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was named to the 2016 list of Best Companies for Leaders by Chief Executive magazine. Fluor was No. 13 (out of 40) on the list and the only publicly-traded engineering-construction company recognized. "Fluor is proud to be recognized as a Best Company
Trex Company Completes Debt Refinancing
January 13, 2016
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE: TREX), the world’s number one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, has completed an amendment to its senior secured credit facility. The amended cash flow lending facility, obtained through Bank of America, Citibank,
Fuji Electric Acquires Germany’s N?telligence to Strengthen Fuel Cell Business
January 13, 2016
EDISON, N.J.--(BUSINESS WIRE)--Fuji Electric Co., Ltd. has announced that its European subsidiary, Fuji Electric Europe GmbH has completed an agreement to acquire 70% of the shares of N2telligence, a German fuel cell company headquartered in Wismar, Germany, best known for holding the exclusive license for the patent on a fire prevention system
Apogee Raises Quarterly Cash Dividend 14 Percent to $0.125 Per Share
January 13, 2016
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Apogee Enterprises, Inc. (Nasdaq:APOG) announced it has declared a quarterly cash dividend of $0.125 per share, payable on February 17, 2016, to shareholders of record on February 2, 2016. The dividend of $0.125 per share represents an increase of 14 percent from the previous quarterly
Principia Consulting’s Latest Research on Contractor Loyalty Finds Properly Designed Programs
January 13, 2016
MALVERN, Pa.--(BUSINESS WIRE)--Principia’s recently released research, Best Practices in Contractor Loyalty Programs 2015, draws upon interviews with over 1,100 contractors across five exterior building product categories. The results show that contractor loyalty programs provide tangible benefits to both product manufacturers as well as
Belcan to Acquire Tandel Systems
January 13, 2016
CINCINNATI--(BUSINESS WIRE)--Belcan, LLC (“Belcan”), a global supplier of engineering consultancy services and technical staffing solutions, announced today that it has acquired Tandel Systems, Inc. (“Tandel”). Terms of the transaction – which closed today – were not disclosed. Tandel Systems, founded in 2001, is
TAN DELTA: Equipment Operators Are Making Substantial Savings on Production Costs Using Tan Delta
January 13, 2016
SHEFFIELD, England--(BUSINESS WIRE)--Equipment operators across the globe are enjoying substantial savings in production costs by installing Tan Delta’s condition monitoring systems. By replacing traditional methods of sending oil samples to laboratories to determine the condition the oil in their vital equipment with Tan Delta’s
GE Fuels the Digital Industrial Economy, Creates 100 New Jobs at its Global Research Center in
January 13, 2016
NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE (NYSE:GE) announced today that it will add 100 new jobs at its Global Research Center in Niskayuna, New York. These high-tech positions represent yet another example of GE’s commitment to its digital industrial transformation, which is delivering productivity gains and fostering innovative solutions for
GE Moves Headquarters to Boston
January 13, 2016
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE today announced that it has selected Boston for its corporate headquarters location. “GE aspires to be the most competitive company in the world,” said GE Chairman and CEO Jeff Immelt. “Today, GE is a $130 billion high-tech global industrial company, one that is leading the digital
2016 Community Awards Honor Academic and Industry Leaders, Children’s Hospital
January 13, 2016
ATLANTA--(BUSINESS WIRE)--Georgia Bio each year recognizes individuals, companies and organizations for significant contributions to Georgia’s life sciences industry with its Georgia Bio Community Awards. The recipients will be honored at the Annual Awards Dinner January 28, 6 pm to 9 pm, at Atlanta’s Fox Theatre. Details available at
Alta Data Technologies Releases Rugged, Multi-Protocol Avionics Ethernet Converter
January 13, 2016
RIO RANCHO, N.M.--(BUSINESS WIRE)--Alta Data Technologies (Alta) has released an innovative network product for rugged applications that provides real-time Ethernet conversion for MIL-STD-1553/ARINC-A429/717 interface: eNetX-MA4. Alta’s ENET product family implements a FPGA thin server (no processor or IP stack) for secure, real-time Ethernet
Optomec Partners with Dragonfly to Expand Additive Manufacturing Market in Italy
January 13, 2016
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Optomec, a leading global supplier of production grade additive manufacturing systems for 3D printed metals and 3D printed electronics, today announced it signed a distribution agreement with Dragonfly to expand sales of its solutions into Italy. Dragonfly is an innovative product and service provider enabling
Commercial Distribution Finance Announces Financing Extension for North American Tractor
January 13, 2016
CHICAGO--(BUSINESS WIRE)--Commercial Distribution Finance (CDF), a business of GE Capital announced today it has extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019. The extension of the current agreement will be used to continue to support wholesale floor plan financing of compact tractors,
Rockwell Automation to Release Fiscal 2016 First Quarter Results
January 13, 2016
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) is scheduled to release its fiscal 2016 first quarter results on January 27 before the market opens. The release will be posted on the Rockwell Automation website at www.rockwellautomation.com. A conference call to discuss the quarterly results will be held at 8:30 a.m. Eastern Time
$300M ENERCON Promotes Robert Bryan to Chief Operating Officer and Makes Additional Changes to
January 13, 2016
ATLANTA--(BUSINESS WIRE)--Enercon Services, Inc. (ENERCON), a $300M/30+ year professional engineering services firm announces the promotion of Robert Bryan to Chief Operating Officer. Mr. Bryan has been with the company for 23 years and prior to this position, was Senior Vice President of the Power Group. Additionally Jim Gannon, with the company
OSP® Is Now ISE (ICT Solutions and Education)
January 13, 2016
SCHAUMBURG, Ill.--(BUSINESS WIRE)--OSP magazine, the most trusted educational and solutions resource for professionals across the ICT industry, announced today it is rebranding. OSP® is now ISE (ICT Solutions and Education). For more than 30 years, OSP has connected network evolution professionals with innovative solutions and concise education
Alion to Support Air Force Spectrum Management under $15M Contract
January 13, 2016
MCLEAN, Va.--(BUSINESS WIRE)--With the ever-increasing demand for radio-frequency bandwidth from the commercial wireless industry, one of the Air Force’s greatest challenges is preventing potentially dangerous interference for U.S. Air Force operations. To ensure adequate spectrum access in support of national security priorities without
Dow and Ducharme Seating Join Comprehensive List of “We Built Daytona” Partners Associated with
January 13, 2016
DAYTONA BEACH, Fla.--(BUSINESS WIRE)--Daytona International Speedway (DIS) today announced that The Dow Chemical Company (NYSE: DOW) and Ducharme Seating have become the latest partners to join the “We Built Daytona” marketing platform as part of the $400 million DAYTONA Rising redevelopment project. Dow, an integrated company
Innate® Second Generation Potato Receives FDA Safety Clearance
January 13, 2016
BOISE, Idaho--(BUSINESS WIRE)--The Food and Drug Administration has completed its food and feed safety assessment of the J.R. Simplot Company’s second generation of Innate® potatoes. The FDA concluded that these Russet Burbank Generation 2 potatoes are not materially different in composition, safety, and other relevant parameters, from
PPG Announces Partnership with Make-A-Wish to Help Grant Colorful Room Makeover Wishes
January 13, 2016
CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--PPG Architectural Coatings today announced that it has teamed up with Make-A-Wish® America to help bring hope, strength and joy to children with life-threatening medical conditions through the power of color and a fresh coat of paint. By working together, PPG and Make-A-Wish transform wish kids’
Ferguson Builds an Agile Supply Chain with Logility
January 13, 2016
ATLANTA--(BUSINESS WIRE)--Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, invites you to the upcoming webcast, “Ferguson Builds an Agile Supply Chain.” Featuring Chris Reed, Ferguson Enterprises, and Henry Canitz of Logility, this live event will discuss how the
Propel(x) Celebrates Milestone Year in 2015, Raising $3.6M for Innovative Deep Technology Startups
January 13, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Propel(x), an online angel investment platform that helps angels source, evaluate and fund ground breaking technology startups, today announced that in 2015 it helped raise more than $3.6 million dollars for pioneering companies. In 2015, Propel(x) helped 14 deals raise money, averaging more than $250,000 per deal.
IEE and Cubic Transportation Systems Partner on Ticketing and Concession Displays
January 13, 2016
VAN NUYS, Calif.--(BUSINESS WIRE)--IEE, manufacturer of enhanced displays for military and industrial applications, was awarded a contract for a new 5.7-inch display to be used in ticketing systems. Utilized on turnstile gates, this display is the latest in a long line of products IEE has developed in conjunction with Cubic Transportation Systems
IDTechEx Research: The $100bn robotics opportunity
January 13, 2016
BOSTON--(BUSINESS WIRE)--The first industrial robot, Unimate, went into operation at a General Motors plant in 1961. Over the next few decades the use of industrial robot arms in the automotive industry matured. More recently, the use of industrial robot arms in the cleanroom environments of the semiconductor and electronics industries also