Monday, August 20, 2018
All News
Rockwell Automation Reports Second Quarter 2018 Results and Increases Dividend 10 Percent
April 25, 2018
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2018 second quarter sales of $1,651.2 million, up 6.2 percent from $1,554.3 million in the second quarter of fiscal 2017. Organic sales grew 3.5 percent. Currency translation increased sales by 3.9 percentage points, and the prior year divestiture reduced sales
COO Al Pichelli Assumes Title of Teledyne’s President
April 25, 2018
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--The Board of Directors of Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne’s Chief Operating Officer, Al Pichelli, will also assume the title of President, effective immediately. Robert Mehrabian will continue as Teledyne’s Chairman and Chief Executive Officer. “Al
CACI Awarded $145 Million Task Order to Support U.S. Army Intelligence and Security Command Counter
April 25, 2018
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE:CACI) announced today it has been awarded a $145 million task order to support the U.S. Army Intelligence and Security Command (INSCOM) Counter Insurgency Targeting Program (CITP). The three-and-a-half-year, single-award contract, awarded under INSCOM’s Global Intelligence Support
Amphenol Corporation Reports First Quarter 2018 Results, Increase in Dividend and New Stock
April 25, 2018
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE:APH) reported today GAAP Diluted Earnings Per Share (“EPS”) for the first quarter 2018 of $0.84 compared to $0.71 for the comparable 2017 period. GAAP Diluted EPS for the first quarter 2018 includes an excess tax benefit of approximately $4.1 million ($0.01 per share)
CIRCOR International Announces Availability of Historical Segment Information Reflecting Previously
April 25, 2018
BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (NYSE: CIR) today announced the availability of certain historical segment information reflecting its previously announced organizational realignment. On February 28, 2018, the Company announced a realignment of its organizational structure from Energy, Advanced Flow Solutions and Fluid
Volvo S90 Ambience: See, Smell and Hear
April 25, 2018
Volvo Cars, in 2017, delivered 114,410 vehicles in China and 81,504 in the U.S. Which probably explains, in part, why the company didn’t have a stand at the North American International Auto Show in Detroit this past January (where the company, coincidentally, won the utility vehicle of the year award from the North American Car, Utility and
Cook & Boardman Acquires Girtman & Associates
April 25, 2018
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--The Cook & Boardman Group (“Cook & Boardman”), a portfolio company of Ridgemont Equity Partners, today announced the acquisition of Girtman & Associates, Inc., a division of Bass Security Services, Inc. Based in Nashville, Tennessee, Girtman & Associates is a distributor of
Owens Corning Reports First-Quarter 2018 Results
April 25, 2018
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today reported consolidated net sales of $1.7 billion in first-quarter 2018, compared with net sales of $1.5 billion in first-quarter 2017, an increase of 14%. First-quarter 2018 net earnings attributable to Owens Corning were $92 million, or $0.82 per diluted share, compared with $101
Ingersoll Rand Reports Strong First-Quarter 2018 Results
April 25, 2018
SWORDS, Ireland--(BUSINESS WIRE)--Highlights (versus prior year, unless otherwise noted): • Bookings growth up 14 percent; organic bookings* up 9 percent with growth in both Climate and Industrial   • Revenues up 13 percent, organic revenues* up 8 percent with continued strength in both Climate and Industrial   • Q1
SAP Ariba Takes Trust to New Levels
April 25, 2018
AMSTERDAM--(BUSINESS WIRE)--There are plenty of online sites where businesses can shop for industrial products and buy them in the same fast, easy way as consumer goods. But where can they go to purchase those hard-to-find, one-off items that account for a good chunk of their spend in a compliant manner from trusted suppliers who align with their
IHS Markit Analyzes U.S.-China Trade Relations & Implications for the Chemical Markets
April 25, 2018
Escalations in the U.S.-China trade dispute have driven both countries to respond with tariffs that could derail a global economic boom. Here is an interesting take on the potential implications of the Chinese tariffs on the U.S. and global petrochemical and plastics industries from key IHS Markit experts. Included are Mark Eramo, v.p., global
2019 Lexus ES 350 Introduced
April 25, 2018
The Lexus ES sedan is more than just an offering within the company’s lineup. Remember that Lexus had its start back in 1989 in the U.S., and at launch it offered two vehicles to the public: the LS 400 and the ES 250. So the ES is a model that the brand was built on. It is worth noting that its first month on sale in the U.S., September 1989,
PowRgrip Clamping Solution Ensures Long Tool Life
April 25, 2018
Rego-Fix’s powRgrip high-efficiency clamping solution is comprised of PG toolholders and clamping collets for use in a manual or automatic mini-press that may match or exceed the clamping forces of shrink-fit holders. New Product Post: 4/25/2018 Edited by Bart Bishop Assistant Editor, Production Machining
William Sobel to Present at Smart Manufacturing Experience
April 25, 2018
Sobel's talk will discuss how the digital transformation journey is enabling manufacturers to make better decisions resulting in optimized assets, labor, and processes to meet customer demands at the lowest cost. Vimana, the language of smart manufacturing, announces William Sobel's participation in the Smart Manufacturing Experience. William
NIO House Opens at Auto China 2018: NIO Unveils Six-Seater ES8
April 25, 2018
BEIJING--(BUSINESS WIRE)--Today, the NIO House opened at Auto China 2018, giving attendees a first-hand look at how NIO is revolutionizing the user experience. NIO also unveiled a six-seat version of the NIO ES8, showcased the NIO EP9, the fastest electric car in the world, and unveiled a new variation of its vision car, EVE. EVE’s new
HanesBrands Declares Regular Quarterly Cash Dividend
April 25, 2018
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid June 5, 2018, for stockholders of record at the close of business May 15, 2018. The
Rocky Brands, Inc. Announces 2018 First Quarter Results
April 25, 2018
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ:RCKY) today announced financial results for its first quarter ended March 31, 2018. First Quarter 2018 Sales and Income First quarter net sales were $61.4 million compared to $63.1 million in the first quarter of 2017. The Company reported first quarter net income of $3.3 million, or
Port of Brownsville and Big River Steel LLC Sign Option Agreement
April 25, 2018
BROWNSVILLE, Texas--(BUSINESS WIRE)--The Brownsville Navigation District Board of Commissioners – the governing body for the Port of Brownsville – has signed an option agreement covering up to 800 acres of property with Big River Steel LLC enabling the steel-maker to continue its due diligence pursuant to the company’s interest in
Warrior Met Coal Declares Regular Quarterly Cash Dividend
April 25, 2018
BROOKWOOD, Ala.--(BUSINESS WIRE)--Warrior Met Coal (NYSE: HCC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on May 11, 2018, to stockholders of record as of the close of business on May 4, 2018. Warrior Met Coal is a large-scale, low-cost U.S. based producer and exporter of
Superior Industries to Release First Quarter 2018 Financial Results and Host Conference Call
April 25, 2018
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), one of the world’s leading aluminum wheel suppliers for OEMs and the European aftermarket, announced today that it will release financial results for the first quarter ended March 31, 2018 on Wednesday, May 9, 2018. A conference call will be held to
KBRA Assigns A Rating to Aviation Capital Group LLC Senior Unsecured Notes
April 25, 2018
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured rating of A with a Stable Outlook to the senior unsecured notes to be issued by Aviation Capital Group LLC (“ACG” or “the Company”), an aircraft leasing company headquartered in Newport Beach, California. The company intends to use the
Triumph Group to Webcast Fourth Quarter and Fiscal Year 2018 Earnings Conference Call
April 25, 2018
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE: TGI) will release fourth quarter and fiscal year 2018 earnings on May 10, 2018 and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.     What: Triumph Group, Inc. Fourth Quarter and Fiscal Year 2018
Carlisle Companies Reports Record First Quarter 2018 Revenues
April 25, 2018
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) reported record revenues of $984.7 million for the first quarter of 2018, a 27.2% increase from $774.0 million for the first quarter of 2017. Organic revenues grew 8.8%, acquired revenues contributed a total of 15.5% in the quarter, foreign exchange had a positive impact
3DEO, Inc. to Showcase Production Scale Metal 3D Printing Service at RAPID 2018
April 24, 2018
GARDENA, Calif.--(BUSINESS WIRE)--3DEO, Inc. announced today that it will showcase how its end-to-end direct metal 3D printing solution optimizes design, enhances workflows and brings products to market faster while substantially reducing part cost at RAPID 2018, in the Fort Worth Convention Center, Fort Worth, Texas, April 23-26, 2018. 3DEO, Inc.
Monsanto Collaborates with Adjuvants Unlimited to Develop Sprayer System Cleaner
April 24, 2018
ST. LOUIS--(BUSINESS WIRE)--Monsanto Company announced today that it has collaborated with Adjuvants Unlimited, LLC to develop the first-ever agricultural sprayer system cleaner designed to deactivate dicamba. Adjuvants Unlimited, a well-known developer and manufacturer of technologies for the crop protection industry, will bring this technology to
2 Day Seminar: REACH and RoHS Compliance - Protecting Revenues with Advanced Compliance (San
April 24, 2018
DUBLIN--(BUSINESS WIRE)--The "REACH and RoHS Compliance: Protecting Revenues with Advanced Compliance" conference has been added to ResearchAndMarkets.com's offering. This seminar will go into the specifics of the REACH and RoHS regulations, provide case studies and share lessons learned so your organization can benefit from the mistakes of
Analyzing the Petrochemical Industry in Russia 2018-2022 - ResearchAndMarkets.com
April 24, 2018
DUBLIN--(BUSINESS WIRE)--The "Analyzing the Petrochemical Industry in Russia 2018" report has been added to ResearchAndMarkets.com's offering. The Russian petrochemical industry has been facing many risks. Though the outlook for the industry remains positive, there are many downside risks that have been impacting the industry, particularly the
Dow Joins Catalyst CEO Champions For Change and Pledges to Accelerate Women in the Workforce
April 24, 2018
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company has joined the Catalyst CEO Champions For Change – a transformational diversity and inclusion initiative launched by Catalyst, a global thought leader and partner in accelerating the progress of women at work for more than 50 years. “At Dow we’re honored to be a Catalyst
NatureWorks Names Richard Altice New President and CEO
April 24, 2018
MINNETONKA, Minn.--(BUSINESS WIRE)--NatureWorks’ board of directors named Richard Altice as the company’s new President and Chief Executive Officer, replacing Marc Verbruggen, who led the company from 2008 to his retirement in 2017. Altice comes to NatureWorks from PolyOne Corporation where he was Senior Vice President and President
Solid Carbide Thread Mills Increase Life, Improve Thread
April 24, 2018
North American Tool Corp. has released a line of standard solid carbide thread mills with a helical flute design. New Product Post: 4/24/2018 Edited by Eli Plaskett Assistant Editor, Modern Machine Shop North American Tool Corp. has released a line of solid carbide thread mills. These thread mills feature a helical flute design and are
ASV Holdings, Inc. Will Report First Quarter 2018 Financial Results on May 8, 2018
April 24, 2018
GRAND RAPIDS, Minn.--(BUSINESS WIRE)--ASV Holdings, Inc. (NASDAQ: ASV), a leading provider of rubber-tracked compact track loaders and wheeled skid steer loaders in the compact construction equipment market, today announced that management will release its first quarter 2018 financial results after market close on Tuesday, May 8, 2018. Management
Digital Metal® Debuts World’s First High-Precision 3D Metal Printer in U.S.
April 24, 2018
HÖGANÄS, Sweden--(BUSINESS WIRE)--Digital Metal®, a global leader in Additive Manufacturing, will unveil, for the first time, the world’s first high-precision 3D metal printer at the RAPID + TCT Conference April 24-26, 2018. This is the first time that the printer has been featured at a show in the United States. The DM P2500,
Eaton Declares Quarterly Dividend Payable May 18, 2018
April 24, 2018
DUBLIN--(BUSINESS WIRE)--The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.66 per ordinary share. The dividend is payable May 18, 2018 to shareholders of record at the close of business on May 4, 2018. For U.S. tax purposes, Eaton estimates that all of the 2018 dividend will be treated as
Robots at NPE: Faster, Stronger, Smarter
April 24, 2018
Robots performing their acrobatics at NPE2018 will be faster, smarter, more connected, and, in some cases, more “collaborative” than previous generations. Interviews with leading robot suppliers show remarkable unanimity about the overall points of emphasis... Making robots smarter: Wittmann Battenfeld has equipped end-of-arm tooling
Robots at NPE: Faster, Stronger, Smarter
April 24, 2018
Robots performing their acrobatics at NPE2018 will be faster, smarter, more connected, and, in some cases, more “collaborative” than previous generations. Interviews with leading robot suppliers show remarkable unanimity about the overall points of emphasis... Making robots smarter: Wittmann Battenfeld has equipped end-of-arm tooling
Vantage Specialty Chemicals Acquires B&B Tritech
April 24, 2018
B&B manufactures aircraft paint removers, MIL-spec cleaners, turbine engine gas path cleaners, exterior aircraft cleaners and other surface treatments.  H.I.G. Capital, a global private equity investment firm with $25 billion of equity capital under management, says its portfolio company, Vantage Specialty Chemicals
Eisenmann Building Flexible Paint 'Workshop' for Lamborghini
April 24, 2018
The new paint shop in Sant’Agata Bolognese, Italy, will enable each Urus luxury SUV to quickly and easily receive a customer-specific finish, thanks to Eisenmann intelligent production control. A new paint shop being developed for Lamborghini in Sant’Agata Bolognese, Italy, will enable each of its
Domtar Corporation & Nonprofit Partner, First Book, Give Grant to Ashdown Elementary School for
April 24, 2018
ASHDOWN, Ark.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced that employee volunteers from the company’s pulp and paper manufacturing mill in Ashdown, AR will visit Ashdown Elementary School today from 9:00-10:00AM to donate and read new books to the school’s children as part of its partnership with First
Color Image Apparel, the Producers of Bella+Canvas and Alo Yoga Brands, Migrates to NGC Software’s
April 24, 2018
MIAMI--(BUSINESS WIRE)--NGC® Software, a leading provider of cloud-based solutions for product lifecycle management (PLM), supply chain management (SCM), quality control and vendor compliance, today announced that Color Image Apparel, Inc. is migrating to NGC’s AndromedaTM PLM. Color Image Apparel, Inc., founded in 1992 and
Centric Software Releases Centric 8 PLM V6.3
April 24, 2018
CAMPBELL, Calif.--(BUSINESS WIRE)--Centric Software is proud to announce that the latest release of its flagship solution, Centric 8 PLM version 6.3, is now available. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational
Cooper’s New Mastercraft Avenger M8™ Offers Quiet, Comfortable Ultra High Performance Ride
April 24, 2018
FINDLAY, Ohio--(BUSINESS WIRE)--Quiet, comfortable and fast, the new Mastercraft Avenger M8™ is rolling onto the ultra high performance market as a W-rated tire that’s designed to make everyday driving fun. The Avenger M8 offers all season traction, soft handling and a 40,000-mile treadwear warranty. “Whether trekking across the
Praxair Signs Long-Term Agreement with Samsung to Supply World-Scale Semiconductor Complex in South
April 24, 2018
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) announced it has signed a long-term agreement to supply ultra-high purity industrial gases, including nitrogen, oxygen and argon, as well as hydrogen, to Samsung’s semiconductor manufacturing facility in Pyeongtaek, Gyeonggi province, South Korea. This is Praxair’s largest
General Motors Honors Ushr as Winner of Supplier Innovation Award
April 24, 2018
DETROIT--(BUSINESS WIRE)--Ushr Inc., creator of high-definition (HD) mapping technology and software for autonomous and semi-autonomous vehicles, was named a GM Innovation Award winner during General Motors’ 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida. GM’s Innovation Award
Media Advisory: Details of Ford Motor Company’s April 2018 U.S. Sales Conference Call
April 24, 2018
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE:F) will release its April 2018 U.S. sales results at approximately 9:15 a.m. EDT Tuesday, May 1, 2018. At 10:00 a.m. EDT, Erich Merkle, Ford U.S. sales analyst, will host a conference call for the investment community and news media to discuss the results and related market trends. He will
PPG Reports Sustainability Progress, New 2025 Goals
April 24, 2018
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today released its 2017 Corporate Sustainability Report, which details the company’s continued progress in strengthening its sustainable operations in 2017 and the launch of new, aggressive sustainability goals it aims to achieve by 2025. The report is available at sustainability.ppg.com.
B&W MEGTEC Awarded Contract to Supply Coating Equipment to Maker of Lithium-Ion Batteries
April 24, 2018
CHARLOTTE, N.C.--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that its subsidiary, Babcock & Wilcox MEGTEC (B&W MEGTEC), has been awarded a contract for more than $15 million to design and supply battery coating equipment to K.R. ENERGY Group subsidiary FIB S.r.l. for a lithium-ion battery
Bormioli Pharma Addresses Drug Stability and Value-Added Medicines with Packaging Innovation
April 24, 2018
PHILADELPHIA--(BUSINESS WIRE)--Bormioli Pharma, one of the world’s leading glass and plastic packaging manufacturers for the pharmaceutical sector, offers its innovative dual-chamber AccuRec system as a solution for unstable drug formulations and to deliver value-added medicines. AccuRec is a revolutionary dual-chamber packaging system that
Mueller Industries, Inc. Reports First Quarter 2018 Earnings
April 24, 2018
MEMPHIS, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today operating income of $47.4 million for the first quarter of 2018, compared with $45.6 million in the same quarter last year. On an adjusted basis, excluding non-cash impairment charges, operating income was up 11.7 percent over 2017, $50.9 million versus $45.6
Hyundai Mobis Develops eARS for Better Cornering and Ride Comfort "Sharp Curve Cornering Has Never
April 24, 2018
SEOUL, South Korea--(BUSINESS WIRE)--15 years after it began the development of chassis technology, Hyundai Mobis (KRX:012330) finally succeeded in securing world-class technology in the car suspension system, following advances in braking and steering. With this new technology, the automotive supplier has been able to deliver optimal performance
MicroDevices Expands Fabrication Capability with High Rate Etcher
April 24, 2018
BOSTON--(BUSINESS WIRE)--Sensera Inc. (MicroDevices) has acquired and qualified a SPTS ASE-HRM etch platform. This etcher adds capability to the fab that was previously outsourced to partners. This is a key process technology development tool to bring complex MicroElectroMechanical Systems (MEMS) to market. This system offers market leading etch