Machinery Newswire
Tongxin International Ltd. Entered into a Framework Agreement of Equity Transfer and Equity Joint Venture with Changsha Meihua Vehicle Manufacture Co., Ltd.
NEW YORK, July 28 PRNewswire-FirstCall — Tongxin International Ltd. (Nasdaq: TXIC) (the "Company") announced today that the Company and Changsha Meihua Vehicle Manufacture Co., Ltd. have entered into a Framework Agreement of Equity Transfer and Equity Joint Venture ("Agreement") as of...
John Deere Military Utility Vehicle to be Released to Public
CARY, N.C., July 28 PRNewswire-FirstCall — This Fall John Deere will add to its family of utility vehicles by introducing the M-Gator A1(TM) to the public. Combat-proven by the U.S. military, the M-Gator A1 will be available for those utility vehicle customers who expect more from a...
China Gengsheng Minerals, Inc. Announces a 5-Year Sales Contract for Fine Precision Abrasives
GONGYI, China, July 28 Xinhua-PRNewswire-FirstCall — China Gengsheng Minerals, Inc. (OTC Bulletin Board: CHGS) ("Gengsheng" or "the Company"), a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in...
Dresser-Rand Announces 2nd Quarter 2008 Conference Call
HOUSTON, July 25 PRNewswire-FirstCall — Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC) has scheduled a conference call to discuss its second quarter 2008 results on Thursday, July 31, 2008 at 8:30 a.m. Eastern Daylight Time. Dresser-Rand will issue its earnings...
Stanley Works Completes Sale of CST/berger
NEW BRITAIN, Conn., July 25 PRNewswire-FirstCall — The Stanley Works (NYSE: SWK) today announced that it has completed the previously announced sale of its CST/berger laser leveling and measuring business, based in West Lafayette, IN, to Robert Bosch Tool Corporation for $205...
Littlejohn & Co. Announces Sale of Stolle Machinery Company to GSO Capital Partners
GREENWICH, Conn., July 25 PRNewswire — Littlejohn & Co., LLC, a private investment firm that applies an operational approach to building middle-market companies, today announced that it has completed the sale of its portfolio company, Stolle Machinery Company, LLC, the world's...
Wonder Auto Technology to Announce 2008 Second Quarter Financial Results on August 7
JINZHOU CITY, Liaoning, China, July 25 Xinhua-PRNewswire-FirstCall — Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the...
Smith Investment Company Increases Quarterly Dividend 7 Percent
MILWAUKEE, July 25 PRNewswire-FirstCall — At its July 24 meeting, the Smith Investment Company (Pink Sheets: SMIC) Board of Directors voted to increase the company's quarterly dividend 7 percent to $.30 per share. The dividend will be payable Sept. 2 to shareholders of record Aug...
Quixote Corporation To Webcast Fiscal Fourth Quarter 2008 Results
CHICAGO, July 25 PRNewswire-FirstCall — Quixote Corporation (Nasdaq: QUIX), a world leader in transportation safety products and services, intends to release its 2008 fourth quarter and fiscal year end results on the morning of Wednesday, August 13, 2008. In conjunction with this...
Danaher Announces Executive Appointment
WASHINGTON, July 25 PRNewswire-FirstCall — Danaher Corporation (NYSE: DHR) announced today that William K. "Dan" Daniel II has been promoted to Executive Vice President of Danaher Corporation. Mr. Daniel, 43 years old, has served as Vice President and Group Executive at Danaher since...
Moog's Third Quarter EPS Increased 22%
EAST AURORA, N.Y., July 25 PRNewswire-FirstCall — Moog Inc. (NYSE: MOG.A and MOG.B) announced today third quarter earnings of $31.1 million, or $.72 per share, an increase of 22% over $.59 per share a year ago. On a year-to-date basis, Moog's earnings per share were $2.02, up 17% from...
Cyrus Jilla Named as New CEO of Element Six
ASCOT, England, July 25 PRNewswire — The Board of Element Six SA, an independently managed joint venture between De Beers SA (majority shareholder) and Umicore SA, today announced that Christian Hultner, the CEO of Element Six, will leave the company on September 30th 2008 and has named...
Curtiss-Wright Reports 2008 Second Quarter and Six Month Financial Results
ROSELAND, N.J., July 24 PRNewswire-FirstCall — Curtiss-Wright Corporation (NYSE: CW) today reports financial results for the second quarter and six months ended June 30, 2008. The highlights are as follows: Second Quarter 2008 Operating Highlights — Net sales for the second...
Roper Industries Announces Record Second Quarter Results
SARASOTA, Fla., July 24 PRNewswire-FirstCall — Roper Industries, Inc. (NYSE: ROP) reported record results for its second quarter ended June 30, 2008. Net earnings were $76 million, a 24% increase over the second quarter of 2007, and diluted earnings per share (DEPS) were $0.80...
Baldor Electric Company Announces 2nd Quarter and YTD 2008 Results and Discussion
FORT SMITH, Arkansas, July 24 PRNewswire-FirstCall — Baldor Electric Company (NYSE: BEZ) markets, designs, and manufactures industrial electric motors, mechanical power transmission products, drives, and generators and is based in Fort Smith, Arkansas. Today, Baldor announced unaudited...
Ladish to Announce 2nd Quarter 2008 Earnings
CUDAHY, Wis., July 24 PRNewswire-FirstCall — Ladish Co., Inc. (www.ladishco.com) (Nasdaq: LDSH) will announce its earnings for the second quarter of 2008 on Monday, July 28, 2008 at approximately 4:00 p.m. EDT. A conference call to discuss those results and answer related questions...
Dana Holding Corporation Supplying Differentials for 2008 BMW X6
TOLEDO, Ohio, July 24 PRNewswire-FirstCall — Dana Holding Corporation (NYSE: DAN) announced today that it has begun supplying Spicer(R) front differential assemblies for the all-new BMW X6 Sports Activity Coupe. Dana utilizes a high-speed machining process to cut the precise gear...
Tsakos Energy Navigation Announces Second Quarter 2008 Financial Results Conference Call and Webcast
ATHENS, Greece, July 24 PRNewswire-FirstCall — Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP) will report earnings for the second quarter of 2008 prior to the open of the market on Friday, August 1, 2008. That same morning, at 10:00 a.m. Eastern Time, TEN will also host a...
Spartan Motors Adds Richard R. Current to Board of Directors
CHARLOTTE, Mich., July 24 PRNewswire-FirstCall — Spartan Motors, Inc. (Nasdaq: SPAR) today announced its board of directors has increased the size of the board from seven to eight members and elected Richard R. Current, vice president and chief financial officer of Neogen Corporation...
Spartan Motors Authorizes Stock Repurchase Program
CHARLOTTE, Mich., July 24 PRNewswire-FirstCall — Spartan Motors, Inc. (Nasdaq: SPAR) today announced it received authorization from its board of directors to repurchase up to one million shares, or approximately 3 percent of its outstanding common stock. The Charlotte, Mich.-based...
Spartan Motors Highlights Second Quarter Results
CHARLOTTE, Mich., July 24 PRNewswire-FirstCall — Spartan Motors, Inc. (Nasdaq: SPAR) reported its best second quarter in company history with a 28.8 percent year-over-year increase in revenues and a 59.8 percent year-over-year increase in net earnings, overcoming challenges in several...
Columbus McKinnon Reports Fiscal 2009 First Quarter Revenue and Earnings Growth Driven by Strong International Sales - Univeyor Divested
AMHERST, N.Y., July 24 PRNewswire-FirstCall — Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of material handling products, today announced financial results for its first quarter fiscal 2009 that ended on June 29, 2008. Prior periods have...
Columbus McKinnon to Divest Univeyor Subsidiary
AMHERST, N.Y., July 24 PRNewswire-FirstCall — Columbus McKinnon Corporation (Nasdaq: CMCO) announced today that it has signed a definitive agreement to sell its Univeyor business to a newly-formed company established by the owner of a Danish material handling company, in a transaction...
MKS Instruments Reports Second Quarter 2008 Financial Results
ANDOVER, Mass., July 24 PRNewswire-FirstCall — MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported second quarter 2008 financial results. Sales were $171.0 million, down 12 percent from $193.4...
Regal Beloit Corporation to Hold Second Quarter Earnings Conference Call on Tuesday, July 29, 2008
BELOIT, Wis., July 23 PRNewswire-FirstCall — Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its 2008 second quarter financial results at 7:00 AM CT on Tuesday, July 29, 2008. At 1:30 PM CT on Tuesday, July 29, 2008 the Company will hold a telephone...
/C O R R E C T I O N -- Lincoln Electric Holdings, Inc./
In the news release, Lincoln Electric Reports Record 2008 Second Quarter Financial Results, issued earlier today by Lincoln Electric Holdings, Inc. (Nasdaq: LECO) over PR Newswire, in the second table of the Consolidated Statements of Income, the heading of the table should read "Six Months Ended...
Goodyear Names Richard Pegher Vice President of Internal Audit
AKRON, Ohio, July 23 PRNewswire-FirstCall — The Goodyear Tire & Rubber Company (NYSE: GT) announced today that Richard Pegher has been named vice president of internal audit, effective Aug. 1. Pegher will report functionally to the audit committee of Goodyear's board of directors...
Hailo LLC Branches Out
HOLBROOK, N.Y., July 23 PRNewswire — Hailo LLC, a well-known supplier of wind tower internals and access engineering products has decided to expand their product knowledge into other industries such as above and below ground access technologies including customized solutions for ladders...
Raytheon Receives $21 Million for NATO SEASPARROW MK48 Program
TEWKSBURY, Mass., July 23, 2008 PRNewswire — Raytheon Company (NYSE: RTN) has been awarded a $21.2 million U.S. Navy contract for components of the NATO SEASPARROW MK48 Guided Missile Vertical Launch System (GMVLS). The MK48 launches SEASPARROW and Evolved SEASPARROW (ESSM) missiles...
Caterpillar Forms Alliance with CleanAIR Systems to Reduce Emissions
PEORIA, Ill., July 23 PRNewswire-FirstCall — Caterpillar Inc. (NYSE: CAT), the world's leading manufacturer of construction and mining equipment, clean diesel and natural gas engines and gas turbines, recently selected CleanAIR Systems, Inc. of Santa Fe, New Mexico, as its strategic...
Webcast Alert: Industrias Romi S/A Announces 2nd Quarter 2008 Results Conference Call Webcast
SANTA BARBARA D'OESTE, Brazil, July 23 / PRNewswire-FirstCall/ — Industrias Romi S/A (Bovespa: ROMI3) announces the following Webcast: What: Industrias Romi S/A 2nd Quarter 2008 Results Conference Call When: Thursday, July 24, 2008 @ 11:00 AM ET Where...
China 3C Group Signs After-Sale Technical Service Support Agreement
ZHEJIANG, China, July 23 Xinhua-PRNewswire-FirstCall — China 3C Group (OTC Bulletin Board: CHCG) ("Company"), a leading reseller and distributor of consumer and business products in China, today announced that it has signed an agreement with Shangha Pakhui Electronics, Ltd...
Marine Products Corporation Reports Second Quarter 2008 Financial Results
ATLANTA, July 23 PRNewswire-FirstCall — Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2008. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by...
Whirlpool Corporation Reports Second-Quarter Results
BENTON HARBOR, Mich., July 23 PRNewswire-FirstCall — Whirlpool Corporation (NYSE: WHR) announced today that second-quarter earnings from continuing operations of $117 million decreased 27 percent to $1.53 per diluted share compared to $161 million, or $2.00 per diluted share reported...
Commercial Vehicle Group Reports Second Quarter 2008 Results
NEW ALBANY, Ohio, July 22 PRNewswire-FirstCall — Commercial Vehicle Group, Inc. (Nasdaq: CVGI) today reported revenues of $209.2 million for the second quarter ended June 30, 2008, compared to revenues of $158.6 million for the second quarter of 2007. Operating income for the second...
Regal Beloit Announces Third Quarter Dividend
BELOIT, Wis., July 22 PRNewswire-FirstCall — Henry W. Knueppel, Chairman and Chief Executive Officer of REGAL BELOIT CORPORATION (NYSE: RBC), announced that the Board of Directors, at their regular quarterly meeting held on Tuesday, July 22, 2008, declared a dividend of $.16 per share...
JumpStart Invests in MesoCoat - a Nanocomposite Coatings Company
CLEVELAND, July 22 PRNewswire — JumpStart Inc., the Northeast Ohio venture development organization that accelerates the growth of innovative early-stage businesses and ideas, recently announced an investment commitment of $350,000 in MesoCoat, Inc., a wholly-owned subsidiary of...
Create the Future Design Contest Opens for Entries: Competition Sponsored by SolidWorks and Tech Briefs Media Group Spurs Engineers to Put Their Innovations on Display for $20,000 Grand Prize
NEW YORK, July 22 PRNewswire — Celebrating the "a-ha!" moment latent in every product designer and engineer, the Create the Future Design Contest sponsored by SolidWorks Corporation and Tech Briefs Media Group is accepting entries from inventors around the world. Engineers and product...
New Rotary Hammer from Metabo Offers Increased Versatility in Drilling and Demolition Applications
WEST CHESTER, Pa., July 22 PRNewswire — Metabo Corporation, a leading international manufacturer of professional grade portable electric power tools and abrasives for industrial, construction and welding applications, has expanded its line of powerful rotary hammers to include a new...
Activplant Corporation Receives Patent on its Throughput Analyzer
LONDON, Ontario, July 22 PRNewswire — Activplant Corporation (www.activplant.com), the standard in performance management software solutions for the world's leading manufacturers, announced today that it has been granted a patent on its latest manufacturing software innovation the...
Saleen SpeedLab Introduces All New 'SuperShaker(TM)' Reuniting Classic Styling with Modern Power
TROY, Mich., July 22 PRNewswire — Saleen's Aftermarket Division, SpeedLab, announced today the introduction of a new technology for air induction systems called the SuperShaker(TM). The patent pending SuperShaker(TM) embodies the classic appeal of shaker hood styling while delivering...
Federal-Mogul Corporation Announces 2008 Second Quarter Results Conference Call and Web Cast
SOUTHFIELD, Mich., July 21 PRNewswire-FirstCall — Federal-Mogul Corporation (Nasdaq: FDML) announced today, due to an unavoidable conflict, the Company's second quarter 2008 financial results conference call and web cast will be rescheduled to Friday, July 25, 2008 at 9:00 a.m., EDT. To...
Cat Financial Announces Second Quarter 2008 Results
NASHVILLE, Tenn., July 22 PRNewswire-FirstCall — Caterpillar Financial Services Corporation (Cat Financial) today reported record second-quarter revenues of $785 million, an increase of $38 million, or 5 percent, compared with the second quarter of 2007. Second-quarter profit after...
Kornit 933 Ends Beta Site Period With Phenomenal Success
MAGSHIMIM, Israel, July 22 PRNewswire — Kornit Digital, a leading-edge company that develops, manufactures and markets industrial digital high-speed inkjet printers, superior pigmented ink and unique chemistry solutions for the garment & apparel decorating industry, today...
Stanley Works Reports 2Q 2008 Results
NEW BRITAIN, Conn., July 21 PRNewswire-FirstCall — The Stanley Works (NYSE: SWK) announced second quarter 2008 financial results today. Highlights are summarized in the following paragraphs: Net sales from continuing operations were $1.15 billion, up 5%, driven by currency (+4%) and...
K-Tron Reports Best Quarter in Its History, With Record Revenues, Net Income and Earnings Per Share
PITMAN, N.J., July 21 PRNewswire-FirstCall — K-Tron International, Inc. (Nasdaq: KTII) today reported the best quarterly and six month results in its history, with record second quarter and first half revenues, net income and earnings per share. Second quarter 2008 net income was...
Stanley Works Board of Directors Elects Brett Bontrager a Corporate Executive Officer
NEW BRITAIN, Conn., July 21 PRNewswire-FirstCall — The Board of Directors of The Stanley Works (NYSE: SWK) announced today that Brett Bontrager, Vice President, Business Development and President, Stanley Convergent Security Solutions, has been named an Executive Officer of the...
Federal-Mogul Corporation Announces 2008 Second Quarter Results Conference Call and Web Cast
SOUTHFIELD, Mich., July 21 PRNewswire-FirstCall — Federal-Mogul Corporation (Nasdaq: FDML) announced today, due to an unavoidable conflict, the Company's second quarter 2008 financial results conference call and web cast will be rescheduled to Friday, July 25, 2008 at 9:00 a.m., EDT. To...
Prima Industrie Chooses HyperWorks Simulation Platform to Develop 2D Laser Cutting Machines
TROY, Mich., July 21 PRNewswire — Altair Engineering, Inc., a leading global provider of technology and services that empower innovation and decision-making, today announced that Prima Industrie, an Italian developer, manufacturer and provider of high-power laser systems for cutting...
New BASF Construction Solutions Web Site Provides Quick Access to Information on More Than 600 Products for Architects, Engineers, Builders and Construction Product Manufacturers
FLORHAM PARK, N.J., July 21 PRNewswire — BASF, the world's leading chemical company and building and construction industry leader, today launched its new customer focused Construction Solutions Web site enabling quick and easy access to the company's building and construction...
Hardinge Schedules Second Quarter Earnings Conference Call
ELMIRA, N.Y., July 21 PRNewswire-FirstCall — Hardinge Inc. (Nasdaq: HDNG) invites you to participate in a conference call to discuss its financial and operating performance for the quarter ended June 30, 2008. What: Hardinge Inc. Second Quarter Earnings Conference Call When: Thursday...
EnPro Industries Sets Date for Second Quarter Earnings Release and Conference Call
CHARLOTTE, N.C., July 21 PRNewswire-FirstCall — EnPro Industries, Inc. (NYSE: NPO) expects to release its financial results for the quarter ended June 30, 2008, on August 5, 2008, before the opening of trading on the New York Stock Exchange. The company will hold a conference call to...
Weatherford Reports Second Quarter Income from Continuing Operations of $0.43 Per Diluted Share, Before Non-Recurring Items
HOUSTON, July 21 PRNewswire-FirstCall — Weatherford International Ltd. (NYSE: WFT) today reported second quarter 2008 income from continuing operations of $300 million, or $0.43 per diluted share, excluding an after tax gain from non-recurring items of $0.09. Second quarter diluted...
Astec Industries Reports Second Quarter Results
CHATTANOOGA, Tenn., July 21 PRNewswire-FirstCall — Astec Industries, Inc. (Nasdaq: ASTE) today reported results for their second quarter ended June 30, 2008. Net income for the second quarter of 2008 was $0.93 per diluted share compared to $0.83 per diluted share for the second...
China Holdings Acquisition Corp. to Acquire Bright World Precision Machinery Limited
NEW YORK and DANYANG CITY, People's Republic of China, July 21 /PRNewswire-FirstCall/ — China Holdings Acquisition Corp. (Amex: HOL) ("CHAC") announced today that it will make an offer to acquire all the shares of Bright World Precision Machinery Limited (Singapore Exchange Securities...
Powell Industries Announces New CEO To Succeed Tom Powell
HOUSTON, July 21 PRNewswire-FirstCall — Powell Industries, Inc. (Nasdaq: POWL), a leading manufacturer of equipment and systems for the management and control of electrical energy and other critical processes, today announced that Tom Powell, age 67, will retire as Chief Executive...
PPT VISION Announces Anticipated Filing of Form 15
MINNEAPOLIS, July 18 PRNewswire-FirstCall — PPT VISION, Inc. (OTC Bulletin Board: PPTV) today announced that it intends to file a Form 15 on July 25, 2008 with the Securities and Exchange Commission to deregister the Company's common stock and suspend its reporting obligations under the...
Guangxi Yuchai Machinery Establishes Large Casting Facility
SINGAPORE, July 18 Xinhua-PRNewswire-FirstCall — China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), the leading manufacturer and distributor of diesel engines in China, today announced that its subsidiary, Guangxi Yuchai Machinery Limited Company...
Parker Aerospace to Develop Generic Fly-By-Wire System for All New Bombardier Widebody Aircraft Programs
CLEVELAND, July 18 PRNewswire-FirstCall — Bombardier Aerospace and Parker Aerospace announced today that Parker has been selected as the exclusive supplier for a period of ten years of fly-by-wire flight control systems for all new Bombardier widebody aircraft programs requiring this...
Burnham Holdings, Inc. Announces First Half Results and Declares Dividend
LANCASTER, Pa., July 17 PRNewswire-FirstCall — Burnham Holdings, Inc., (Pink Sheets: BURCA), a leading manufacturer of boilers, furnaces, radiators, air conditioning systems, and related accessories for residential, commercial and industrial applications, today reported its financial...
Filing of 2006 Annual Report On Form 20-F
SINGAPORE, July 17 Xinhua-PRNewswire-FirstCall — China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), the leading manufacturer and distributor of diesel engines in China, announced that it has today filed its 2006 Annual Report on Form 20-F containing its...
Wuhan General Approved to List on NASDAQ Capital Market
WUHAN, China, July 17 Xinhua-PRNewswire-FirstCall — Wuhan General Group (China), Inc. ("Wuhan General" or the "Company") (OTC Bulletin Board: WUHN), a leading manufacturer of industrial blowers and turbines based in Wuhan, China, today announced that the Company's application to list...
Leggett & Platt Announces Second Quarter Earnings
CARTHAGE, Mo., July 17 PRNewswire-FirstCall — — 2Q EPS of $.27; includes $.02 of earnings from discontinued operations. — 2Q sales from continuing operations of $1.06 billion, a 0.5% decrease from 2Q 2007. — Divested the Aluminum segment yesterday for $300 million...
Drew Industries Presents Webcast of Second Quarter Conference Call on July 31
WHITE PLAINS, N.Y., July 17 PRNewswire-FirstCall — Drew Industries Incorporated (NYSE: DW), a White Plains, NY-based manufacturer of components for the recreational vehicle and manufactured housing industries, will release its second quarter 2008 financial results after the market...
Stoneridge, Inc. to Broadcast Its Second-Quarter 2008 Conference Call on the Web
WARREN, Ohio, July 17 PRNewswire-FirstCall — Stoneridge, Inc. (NYSE: SRI) will broadcast its second-quarter 2008 earnings conference call live over the Internet on Thursday, July 31, 2008 at 11 a.m. Eastern time with President and Chief Executive Officer, John Corey; and Executive...
Aquest and Gores Confirm Proposal to Acquire Asyst Technologies
SUNNYVALE, Calif. and LOS ANGELES, July 17 PRNewswire — Aquest Systems Corp. today confirmed that on July 9th they submitted a proposal to Asyst Technologies, Inc. to acquire the company for $6.50 per share in cash and that Asyst and Aquest met on July 15th with respect to such...
Aethon's Train-Themed Delivery Robot Available To Children's Hospitals Nationwide
PITTSBURGH, July 17 PRNewswire — Aethon Inc. today announced general availability of its train-themed "JR" autonomous mobile robot to children's hospitals across the country and that Aethon will make a donation to the Make- A-Wish Foundation for each JR TUG that is deployed. The JR...
ITW Reports Diluted Income Per Share From Continuing Operations of $1.01 in the 2008 Second Quarter; Diluted Income Per Share From Continuing Operations Grew 17 Percent and Revenues Increased 10.5 Percent in the Quarter
GLENVIEW, Ill., July 17 PRNewswire-FirstCall — Illinois Tool Works Inc. (NYSE: ITW) today reported 17 percent growth in 2008 second quarter diluted income per share from continuing operations. In addition, the Company's revenues grew 10.5 percent, operating income increased 8.8...
UTC Reports Second Quarter EPS Up 14 Percent to $1.32, Raises 2008 Revenue and Earnings Guidance
HARTFORD, Conn., July 17 PRNewswire-FirstCall — United Technologies Corp. (NYSE: UTX) today reported second quarter 2008 earnings per share of $1.32 and net income of $1.3 billion, up 14 percent and 11 percent, respectively, over the year ago quarter. Results for the current quarter...
A. O. Smith Reports Record Second Quarter Earnings of $1.06 Per Share; Increases 2008 Forecast to $2.70 - $2.85 Per Share
MILWAUKEE, July 17 PRNewswire-FirstCall — A. O. Smith Corporation (NYSE: AOS) today announced that second quarter earnings increased eighteen percent over second quarter 2007 results to $31.9 million while earnings per share increased twenty two percent to $1.06. Reported earnings in...
Danaher Announces Record Second Quarter Results
WASHINGTON, July 17 PRNewswire-FirstCall — Danaher Corporation (NYSE: DHR) announced today that net earnings from continuing operations for the quarter ended June 27, 2008 were $363 million, or $1.09 per diluted share, an 18% increase as compared to the Company's 2007 second quarter net...
Noble International Announces Suspension of Dividend
TROY, Mich., July 16 PRNewswire-FirstCall — Noble International, Ltd. (Nasdaq: NOBL) ("Noble" or the "Company") today announced that the Board of Directors, at its quarterly meeting on July 16, 2008, decided to immediately suspend the payment of dividends on the Company's common shares...
E-ONE Announces Sale Agreement
OCALA, Fla., July 16 PRNewswire — The management team of E-ONE, Inc. and American Industrial Partners (AIP), a leading middle market private equity firm, announce a definitive agreement for the purchase of E-ONE from Federal Signal Corporation. As a result of the purchase, E-ONE will...
Franklin Electric Schedules Its Second Quarter 2008 Earnings Release and Conference Call
BLUFFTON, Ind., July 16 PRNewswire-FirstCall — Franklin Electric Co., Inc. (Nasdaq: FELE) will release its second quarter 2008 earnings at 4:05pm EDT on Monday July 28, 2008. A conference call to review earnings and other developments in the business will commence approximately one hour...
Webcast Alert: Industrias Romi S/A Announces 2nd Quarter 2008 Results Conference Call Webcast
SANTA BARBARA D'OESTE, Brazil, July 16 / PRNewswire-FirstCall/ — Industrias Romi S/A (Bovespa: ROMI3) announces the following Webcast: What: Industrias Romi S/A 2nd Quarter 2008 Results Conference Call When: Thursday, July 24, 2008 @ 11:00 AM ET Where...
WABCO Further Strengthens Global Management Team; Expands Leadership for Technology and Growth With New Executive Appointments
BRUSSELS, July 15 PRNewswire-FirstCall — WABCO Holdings Inc. (NYSE: WBC), a global technology leader for commercial vehicles, today announced new executive appointments to further strengthen the company's senior leadership team and secure WABCO's continued ability to pioneer...
Riverside Partners Portfolio Company J-Pac Names New CEO
BOSTON, July 15 PRNewswire — Riverside Partners, a Boston based private equity firm focusing on healthcare and technology businesses, is pleased to announce that The J-Pac and Doyen Medipharm Group ("JPDM" or the "Company"), a leader in contract manufacturing and packaging machinery for...
AAR Receives $26 Million Order for Container Roll-In/Out Platforms
WOOD DALE, Ill., July 15 PRNewswire-FirstCall — AAR CORP. (NYSE: AIR) announced today that it has received an order to provide containerized roll-in/out platforms (CROP) for the U.S. Army, valued at $26 million. The specialized equipment, which is used primarily to transport ammunition...
Ford of Europe Sets Sales Record in First Half of 2008
COLOGNE, Germany, July 15 PRNewswire-FirstCall — Ford of Europe's sales in its main 51 markets rose by almost two percent to a record 1,003,700 vehicles in the first half of this year. "Surpassing the one million mark after only six months of the year is confirmation of how well our...
SenGenuity and Transense Technologies Partner to Advance Wireless Surface Acoustic Wave Pressure and Torque Sensing Technology
HUDSON, N.H., July 15 PRNewswire — SenGenuity, the sensors division of Vectron International, a leader in the design, manufacture and marketing of Frequency Control, Sensor, and Hybrid Product solutions, today announced that it has entered a non-exclusive licensing agreement with...
Market Changes in Raw Materials Accelerate the Transformation of Lighter Manufacturing Enterprises in Zhejiang
BEIJING, July 15 Xinhua-PRNewswire — Regional market analysts from Tootoo.com said that 860,000 SMEs in Zhejiang province, China, have recently entered into a state of crisis, fighting for their very survival, due to the rising costs of raw materials, the appreciation of the RMB and...
A. O. Smith Increases Quarterly Dividend to $.19 Per Share
MILWAUKEE, July 15 PRNewswire-FirstCall — Directors of A. O. Smith Corporation (NYSE: AOS) today announced a 5.5 percent increase in the company's quarterly cash dividend to a rate of $.19 per share. The increased dividend will apply to both Common Stock and Class A Common Stock and...
Nikon's New WES-3000 Wafer Edge Inspection Tool Offers High-Throughput, In-Line Inspection With High-Resolution
MELVILLE, N.Y., July 15 PRNewswire — Nikon Instruments Inc. announced its new WES-3000 Wafer Edge Inspection Tool, designed to identify defects often experienced with immersion lithography as well as other IC manufacturing processes. The WES-3000 incorporates high-throughput...
Goodyear Announces Second Quarter 2008 Earnings Release, Conference Call
AKRON, Ohio, July 15 PRNewswire-FirstCall — The Goodyear Tire & Rubber Company (NYSE: GT) will report second quarter 2008 financial results before markets open on Thursday, July 31, to be followed by an investor conference call at 10:30 a.m. Participating in the conference call will...
Applied Industrial Technologies to Acquire Distribution Businesses of Fluid Power Resource
CLEVELAND, July 14 PRNewswire-FirstCall — Applied Industrial Technologies (NYSE: AIT) today announced it has agreed to acquire the assets of Fluid Power Resource, LLC (FPR) and the following seven fluid power distribution businesses: Bay Advanced Technologies, Carolina Fluid Components...
Parker Fourth Quarter and Fiscal 2008 Earnings Report and Webcast Set for July 31
CLEVELAND, July 14 PRNewswire-FirstCall — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, will release its fiscal 2008 fourth quarter and full year earnings before the market opens on Thursday, July 31, 2008, followed by its quarterly...
Mueller Water Products Announces Management Changes
ATLANTA, July 14 PRNewswire-FirstCall — Mueller Water Products, Inc. (NYSE: MWA.B, MWA) announced today that Evan L. Hart has been named senior vice president and chief financial officer, effective July 16, 2008. Hart, who previously was the Company's vice president and controller...
NN, Inc. to Hold Second Quarter 2008 Conference Call on Thursday, July 31, 2008
JOHNSON CITY, Tenn., July 14 PRNewswire-FirstCall — NN, Inc. (Nasdaq: NNBR) today announced that it will release second quarter 2008 financial results for the period ended June 30, 2008 before the opening of the market on Thursday, July 31, 2008. Management will hold a conference call...
Astec Industries, Inc. (Nasdaq: ASTE) Announces Its Second Quarter 2008 Conference Call July 21, 2008 at 10:00 A.M. Eastern Time
CHATTANOOGA, Tenn., July 14 PRNewswire-FirstCall — You are invited by Astec Industries, Inc. (Nasdaq: ASTE) to participate in a conference call to review its Second Quarter 2008 financial results. Astec will be releasing its Second Quarter 2008 financial results to the wire services...
Kennametal Announces New President MSSG
LATROBE, Pa., July 14 PRNewswire-FirstCall — Kennametal Inc. (NYSE: KMT) announced today that Paul DeMand has been elected Vice President and President of the company's Metalworking Solutions Services Group (MSSG), effective July 14, 2008. "We are excited to have Paul join the...
GEA Group Acquires Norbco Inc.
BOCHUM, Germany, July 14 PRNewswire-FirstCall — GEA Group Aktiengesellschaft has further strengthened its Farm Technologies Division through the acquisition of the US company Norbco, Inc., which is based in Westmoreland (New York), USA. Norbco, Inc., has so far been the sole and...
The Economic Impact of Global Warming is Beginning to Show: IDE Starts Marketing Snowmakers for the Global Ski Industry
TEL AVIV, Israel, July 14 PRNewswire — IDE Technologies (IDE), equally held by Israel Chemicals of the Israel Corporation and the Delek Group, is enlarging its core operations with the introduction of a unique refrigeration technology that meets the increasing global demand for man-made...
Pratt & Whitney F100 Engine Exceeds 22 Million Flight Hours
FARNBOROUGH, England, July 14 PRNewswire — FARNBOROUGH AIR SHOW — The Pratt & Whitney F100 engine family — which includes the PW-100, -200, -220 and -229 engine models — recently surpassed 22 million operational flight hours. The F100 engine powers the F-16 and...
Pratt & Whitney EcoPower(R) Engine Wash Business Experiences 10X Annual Growth
FARNBOROUGH, England, July 14 PRNewswire — FARNBOROUGH AIR SHOW — Pratt & Whitney Global Service Partners is on track to complete nearly 5,000 environmentally friendly EcoPower(R) engine washes in 2008, which represents a 10-fold increase over 2007. Pratt & Whitney is a...
Vice-premier of China's State Council, Li Keqiang Visited SORL Auto Parts
ZHEJIANG, China, July 11 Xinhua-PRNewswire-FirstCall — SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves and other auto parts in China, announced that Mr. Li Keqiang, Vice-premier of China's State Council, visited SORL...
Growth in Latin America Prompts First Latin American Legal Forum on Equipment Leasing
FORT LAUDERDALE, Fla., July 11 PRNewswire — The Latin American leasing industry is growing rapidly, prompting The Alta Group Professional Development Division to add new Latin American conferences to its schedule. Alta today announced plans to hold the First Latin American Legal Forum...
Beat the Heat This Summer: ARS/Rescue Rooter Provides Tips to Help Homeowners Stay Cool and Conserve Energy During Times of Severe Heat
MEMPHIS, Tenn., July 11 PRNewswire — As temperatures continue to rise throughout the summer and schedules fill up, it becomes very important to keep up with household maintenance and take necessary precautions to beat the heat. The experts at ARS(R)/Rescue Rooter(R) recognize that it...
Harbin Electric Signs Definitive Agreement to Acquire Industrial Rotary Motor Business
HARBIN, China, July 11 Xinhua-PRNewswire-FirstCall — Harbin Electric, Inc., ("Harbin Electric" or the "Company"; Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today...
LAI's Six Sigma Team Cuts Production Time 20% for Key Aerospace Component Program
SCOTTSDALE, Ariz., July 10 PRNewswire — A Six Sigma program recently completed by LAI International, Inc. — a leading supplier of precision components and sub-assemblies for original equipment manufacturers — has reduced production time by 20 percent for a critical...
Goodyear Named One of America's Most Respected Companies
AKRON, Ohio, July 10 PRNewswire-FirstCall — The Goodyear Tire & Rubber Company has been recognized as one of America's most respected companies by the Reputation Institute (RI) and Forbes magazine. Goodyear ranked 16th on the magazine's third annual listing of companies with the...
Fastenal Company Announces Stock Repurchase Program
WINONA, Minn., July 10 PRNewswire-FirstCall — Fastenal Company (Nasdaq: FAST) announced today that its board of directors has authorized purchases by the company of up to an additional 1,000,000 shares of its common stock in transactions on THE NASDAQ or otherwise (over and above...
Applied Industrial Technologies Declares Quarterly Dividend
CLEVELAND, July 10 PRNewswire-FirstCall — Applied Industrial Technologies (NYSE: AIT) Chairman & Chief Executive Officer David L. Pugh today announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.15 per common share, payable on August 29...
Plexus Online to Optimize Global Business Operations at Inteva Products, LLC
AUBURN HILLS, Mich., July 10 PRNewswire — Plexus Systems, Inc. today announced it has signed a contract with Inteva Products, LLC, a global Tier 1 supplier of automotive interior and closure systems. Under the agreements, Plexus Systems will provide a global implementation of Plexus...
Lab Safety Supply, Inc. Acquires Highsmith, Inc.
CHICAGO, July 10 PRNewswire-FirstCall — Grainger (NYSE: GWW), North America's leading industrial distributor, today announced that its direct marketing subsidiary, Lab Safety Supply, Inc., (LSS) has acquired substantially all of the assets of Highsmith, Inc. located in Fort Atkinson...
Association of Equipment Manufacturers - Industry Data
Trade Press and Flash Report Subscribers Farm Equipment Monthly Sales Flash — United States CHICAGO, July 10 PRNewswire — Month Ending June 30, 2008: June 2008 June 2007 % Chg 2WD Farm Tractors <40 HP 12,490 14,157 -11.8 40 < 100 HP 7,633 8,207 -7.0 100+ HP 1,984 1,733...
Lincoln Electric to Release 2008 Second-Quarter Financial Results on July 23; Schedules Webcast
CLEVELAND, July 10 PRNewswire-FirstCall — Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will release financial results for the 2008 second quarter prior to market open on Wednesday, July 23, 2008. The Company will hold a conference call at 10:00 a.m., Eastern Time, that same day. The...
Ukraine's ZTR Sales Reach Record US$760 Million for 1H 2008
ZAPORIZHIA, Ukraine, July 10 PRNewswire-FirstCall — ZaporozhTransformator OJSC (ZTR), (Berlin: ZRTFq.BE; Frankfurt: ZRTFq.F; PFTS: ZATR), the largest manufacturer of electrical transformer equipment in the CIS, announced today that, as of July 1, its order book reached a record US$760...
Columbus McKinnon Announces Fiscal 2009 First Quarter Conference Call and Webcast Information
AMHERST, N.Y., July 10 PRNewswire-FirstCall — Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that it has scheduled a teleconference and webcast for Thursday, July 24, 2008 at 10:00 AM Eastern...
Fortress International Group Closes $37 Million in New Work for the 2nd Quarter 2008
COLUMBIA, Md., July 10 PRNewswire-FirstCall — Fortress International Group (Nasdaq: FIGI), a company providing comprehensive services for the planning, design and development of mission-critical facilities and information infrastructure, today announced new engagements for services...
EnerSys Announces Memo of Understanding with Lithium Technology Corporation
READING, Pa., July 10 PRNewswire-FirstCall — EnerSys (NYSE: ENS), the world's largest manufacturer, marketer, and distributor of industrial batteries announced today that it has signed a memorandum of understanding with Lithium Technology Corporation (OTC: LTHU). The memo of...
WSP Holdings Receives Purchase Orders from the United States and Thailand
WUXI, China, July 10 Xinhua-PRNewswire-FirstCall — WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration...
Chris Olson Named Vice President of Power Division
ST. PAUL, Minn., July 9 PRNewswire — NewMech Companies is pleased to announce Chris Olson as the new Vice President of the Power Division. With this addition, NewMech Companies continues to expand their Power Industry capabilities. Olson brings with him 28 years of experience in capital...
Digital Power Corp. Announces Appointing New President and CEO
FREMONT, Calif., July 9 PRNewswire-FirstCall — Digital Power Corporation (Amex: DPW) (herein "Digital Power") today announced the appointment of Mr. Amos Kohn to serve as the Company's President and CEO. Mr. Kohn has been a director of the Company Board of Directors since 2003. Mr. Kohn...
Gerber Scientific Licenses 'Print to Cut Patent' Technology to Mimaki Engineering
SOUTH WINDSOR, Conn., July 9 PRNewswire-FirstCall — Gerber Scientific, Inc. (NYSE: GRB), a worldwide leader in integrated automation solutions, is pleased to announce that Mimaki's new CJV-30 series integrated printer cutter line released today incorporates licensed technology from...
Sauer-Danfoss Inc. to Hold Conference Call to Discuss Second Quarter 2008 Results
CHICAGO, July 9 PRNewswire-FirstCall — Sauer-Danfoss Inc. (NYSE: SHS) announced that it will be holding a conference call on July 31, 2008, at 10:00 AM Eastern time. The purpose of the call will be to discuss second quarter 2008 results. The Company will release second quarter results...
Gold Cup Treat: Restored Record Holder Miss U.S.1 Returns to the Detroit River
DETROIT, July 9 PRNewswire — One of the most significant boats in powerboat racing history, the Detroit based Miss U.S.1 returns to the Detroit River this week as a special treat for fans attending the 100th running of the Chrysler Jeep Superstores APBA Gold Cup. The Miss U.S. 1...
Dana Holding Corporation to Host Conference Call and Webcast on August 7 to Discuss 2008 Second-Quarter Results
TOLEDO, Ohio, July 9 PRNewswire-FirstCall — Dana Holding Corporation (NYSE: DAN) will announce its 2008 second-quarter and six-month financial results on Thursday, August 7, 2008. At 10 a.m. ET, on that date, Executive Chairman John Devine, Chief Executive Officer Gary Convis, and...
Art's Way Manufacturing Announces a 34.9% Increase in Revenue for the Second Quarter 2008; and a Two-For-One Stock Split
ARMSTRONG, Iowa, July 9 PRNewswire-FirstCall — Art's Way Manufacturing Co., Inc., (Nasdaq: ARTW) a leading manufacturer and distributor of agricultural machinery, equipment and services announces its financial results for the three and six months ended May 31, 2008, and a two-for-one...
Federal-Mogul Corporation Announces 2008 Second Quarter Results Conference Call and Web Cast
SOUTHFIELD, Mich., July 9 PRNewswire-FirstCall — Federal-Mogul Corporation (Nasdaq: FDML) announced today it will hold a conference call and web cast on Thursday, July 24, 2008 at 9:00 a.m. EDT, to review the Company's second quarter 2008 financial results. To participate in the call...
Flow International Announces Fiscal 2008 Fourth Quarter Results
KENT, Wash., July 9 PRNewswire-FirstCall — Flow International Corporation (Nasdaq: FLOW), the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, today reported results for its fiscal 2008 fourth quarter and year ended...
Adaptive Path Selects Former frog and IDEO Exec as Its Chief Executive Officer
SAN FRANCISCO, July 9 PRNewswire — Adaptive Path, Inc. announced today that it has selected Michael W. Meyer to serve as its new Chief Executive Officer, effective July 21, 2008. Meyer comes to Adaptive Path from frog design, where he led the company's California studio as General...
Eric Roberts Named President of Nortek's CES Group, Inc.
PROVIDENCE, R.I., July 8 PRNewswire — Nortek, Inc. today announced the appointment of Eric Roberts as President of Nortek's CES Group, Inc. Roberts succeeds David Huntley, who has retired, as the leader of Nortek's custom commercial HVAC business, a major segment of the international...
CIRCOR Raises Earnings Guidance for the Second Quarter of 2008
BURLINGTON, Mass., July 8 PRNewswire-FirstCall — CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other fluid control devices for the instrumentation, aerospace, thermal fluid and energy markets, today raised its earnings guidance for the second quarter ended...
Leggett & Platt Second Quarter 2008 Earnings Conference Call
CARTHAGE, Mont., July 8 PRNewswire-FirstCall — Leggett & Platt, Incorporated (NYSE: LEG), a diversified manufacturer of engineered products serving several major markets, will hold its quarterly conference call to discuss second quarter results on Friday, July 18, 2008, at 9:00 a.m...
Caterpillar Inc. to Announce Second-Quarter Financial Results on July 22, 2008
PEORIA, Ill., July 8 PRNewswire-FirstCall — Caterpillar Inc. (NYSE: CAT) will release 2008 second-quarter financial results at 6:30 a.m. Central time on Tuesday, July 22, 2008. The release will be available on http://www.CAT.com/earnings and the full-text of the news release will also...
American Auto-Matrix and SGX-Listed CNA, Ltd. Consolidate their Position in Overseas Control and Automation Market through Strategic Deal
EXPORT, Pa., July 8 PRNewswire — Jordan Acquisition Group, LLC ("JAG"), d/b/a American Auto-Matrix ("AAM") announced today that it has finalized a deal with SGX Mainboard-listed CNA Group Ltd., ("CNA" or "the Group") that will accelerate growth through a strategic focus on developing...
CNW's Pasta Studio Looking for Unpublished Writers
BANDON, Ore., July 8 PRNewswire — Pasta Studio is looking for unpublished writers to fill our first audio publication: an anthology of contest winners' fiction stories. The top five winners have the opportunity to become staple authors and will get preferential treatment when submitting...
Sen. Joe Bruno Announces Plans for $40 Million Rail Logistics Center in Saratoga Co., N.Y.
MECHANICVILLE, N.Y., July 8 PRNewswire-FirstCall — State Senator Joe Bruno (R-Brunswick) today announced that a new intermodal and automotive rail logistics center will be constructed at the former rail yard located within the towns of Halfmoon, Mechanicville, and Stillwater. This new...
Goodyear Names GE Executive Ruocco Senior Vice President of Human Resources
AKRON, Ohio, July 8 PRNewswire-FirstCall — The Goodyear Tire & Rubber Company (NYSE: GT) today announced that Joe Ruocco has been named Senior Vice President of Human Resources, effective August 1. Ruocco, a 23-year GE veteran, will provide strategic direction and business...
China Industrial Waste Management Presents at CIEPF 2008
DALIAN, China, July 8 Xinhua-PRNewswire-FirstCall — China Industrial Waste Management, Inc. (OTC Bulletin Board: CIWT) disclosed today that five of its operating subsidiaries presented at the China International Environmental Protection Fair 2008 which was held from June 26 to June...
ParkOhio Names Jeffrey L. Rutherford Vice President and Chief Financial Officer
CLEVELAND, July 7 PRNewswire-FirstCall — Park-Ohio Holdings Corp. (Nasdaq: PKOH) announced today that Jeffrey L. Rutherford has been appointed Vice President and Chief Financial Officer, effective immediately. Mr. Rutherford succeeds Richard P. Elliott. Prior to joining ParkOhio, Mr...
ILJIN Opens Wheel Bearing Plant in Tianjin, China
NOVI, Mich., July 7 PRNewswire — ILJIN, a Korea-based global manufacturer of automotive and industrial bearings and suspension components, has announced the grand opening of its second plant in China. The new wheel bearing plant in Tianjin, China, supplies wheel bearings to Shanghai GM...
Hot Enough for You? Georgia Warehouse Beats the Heat and Humidity
KENNESAW, Ga., July 7 PRNewswire — With Metro Atlanta as the sixth largest distribution center in the country, Georgia continues to draw warehousing and distribution companies from around the world. Meanwhile, the costs associated with heating and cooling these facilities can saddle...
Kennametal Promotes John H. Jacko, Jr., To Chief Marketing Officer
LATROBE, Pa., July 7 PRNewswire-FirstCall — Kennametal Inc. (NYSE: KMT) announced today that it has promoted John H. Jacko, Jr., to Chief Marketing Officer. In this role, Mr. Jacko will assume enterprise-wide responsibility for marketing and strategy. "John brought an extensive global...
Intermet Corporation Names Chief Lean Officer
FT. WORTH, Texas, July 7 PRNewswire — Intermet Corporation, one of the world's leading manufacturers of cast-metal automotive components, today named Bob Flaherty as its Chief Lean Officer. In the newly-created position, Flaherty will serve as Intermet's lean leader and mentor. He...
Fuda Faucet Announces the Addition of a Second Electroplating Production Line
YIYANG, Jiangxi, China, July 7 Xinhua-PRNewswire-FirstCall — Fuda Faucet Works, Inc. (OTC Bulletin Board: FUFW) (''Fuda Faucet'' or ''the Company''), a Chinese company engaged in the business of developing, manufacturing, marketing and distributing mid-tier European style brass faucets...
China Automotive Systems Wins Dongfeng Peugeot Citroen Contract
WUHAN, Hubei, China July 7 Xinhua-PRNewswire-FirstCall — China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that its subsidiary, Jingzhou Henglong Automotive Parts Co. (''Henglong''), has signed a supply...
Ritchie Bros. conducts record-breaking heavy equipment auction in Moncofa, Spain
MONCOFA, SPAIN, July 7 PRNewswire-FirstCall - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, conducted the largest Spain auction in Company history last week, selling (euro)20 million (US$32 million) of used and unused heavy equipment and trucks over...
'Green' Power Provides Electricity to Caterpillar's Northern Ireland Facilities
PEORIA, Ill., July 3 PRNewswire-FirstCall — In support of strategic initiatives to use alternative or renewable sources to meet 20 percent of its energy needs and reduce greenhouse gas emissions from existing facilities by 25 percent by 2020, Caterpillar Inc. (NYSE: CAT) recently...
Dover Corporation Focuses on Chief Executive Officer Selection
NEW YORK, July 2 PRNewswire-FirstCall — Dover Corporation (NYSE: DOV) confirmed today that it has retained Heidrick & Struggles to assist in the selection process for Dover's next Chief Executive Officer. This appointment is the next phase of an orderly succession plan following...
Chrysler LLC Receives Secretary of Defense 2008 Freedom Award
AUBURN HILLS, Mich., July 2 PRNewswire — Chrysler LLC was selected to receive the Secretary of Defense 2008 Employer Support Freedom Award. The Freedom Award is the highest recognition given by the U.S. Government to employers for their outstanding support of their employees who serve...
Amphenol's Reverse Bayonet GT Connectors with Array of Features Ideal for Rugged Applications
SIDNEY, N.Y., July 2 PRNewswire — Amphenol Industrial, a global leader in interconnect systems, introduces the Amphe-Power GT connector series, a 5015-style, reverse bayonet coupling connector with audible, tactile and visual indication of a full attachment. The GT connectors offer a...
Great Lakes Manufacturing Forum 2008 Will be Held in Cleveland July 9-11
CLEVELAND, July 2 PRNewswire — The Great Lakes Manufacturing Forum will be held July 9-11 at the Cleveland Key Center Marriott, in Cleveland, Ohio. The Forum brings together leaders focused on promoting, enhancing and preserving manufacturing in the Great Lakes Region. Conference topics...
Colfax Corporation Added to Russell 2000(R) Index
RICHMOND, Va., July 1 PRNewswire-FirstCall — Colfax Corporation (NYSE: CFX), a global leader in engineered fluid handling products and systems, today announced that it was added to the Russell 2000(R) Index after the markets closed on June 27, 2008 as Russell reconstituted its...
Dresser-Rand Completes the Acquisition of Peter Brotherhood Assets
HOUSTON, July 2 PRNewswire-FirstCall — Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC), a global supplier of rotating equipment, announced today that its UK subsidiary, Dresser-Rand Company Ltd., has completed the acquisition of certain assets of Peter...
Dover Corporation Names Raymond Hoglund President of Its Engineered Systems Segment
NEW YORK, July 2 PRNewswire-FirstCall — Dover Corporation (NYSE: DOV) announced today that Raymond Hoglund, 57, has been promoted to the position of President and Chief Executive Officer of its Engineered Systems segment, effective immediately. Ray will have primary responsibility...
Libbey Inc. Announces Price Increases to Help Mitigate Rapidly Escalating Energy Costs
TOLEDO, Ohio, July 2 PRNewswire-FirstCall — Libbey Inc. (NYSE: LBY) has announced price increases affecting its North American market and selected International markets. These increases were made necessary by the unprecedented escalation of energy costs, especially natural gas. The...
Tractor Supply Company to Participate in Oppenheimer & Co. Conference
BRENTWOOD, Tenn., July 2 PRNewswire-FirstCall — Tractor Supply Company (Nasdaq: TSCO), the largest retail farm and ranch store chain in the United States, today announced its participation in Oppenheimer's 8th Annual Consumer Growth Conference. Jim Wright, Chairman, President and Chief...
/C O R R E C T I O N -- China Wind Systems, Inc./
In the news release, ''China Wind Systems, Inc. Completes Construction of New Building in Support of Phase One Expansion'' issued on July 1 by China Wind Systems, Inc. (OTC Bulletin Board: CWSI) over Xinhua PR Newswire, we are advised by the Company that the second paragraph, second sentence, should...
American Israeli Paper Mills Ltd: Negotiation for the Acquisition of Holdings in an Affiliated Company
HADERA, Israel, July 2 PRNewswire-FirstCall — American Israeli Paper Mills Ltd. (AMEX:AIP) [AIPM] announced that it is in negotiation to acquire the holdings of the main shareholder in Carmel Containers Systems ("Carmel"). The current holdings of the Company and the main shareholder...
Carrier Corp. and Midea Electric to Form Manufacturing Joint Venture in China
GUANGZHOU, China, July 2 PRNewswire — Carrier Corp., a unit of United Technologies Corp. (NYSE: UTX), and Guangdong Midea Electric Appliances Co., Ltd (Shenzhen Stock Exchange. 000527), a unit of the Midea Group, have signed an agreement to form an air-conditioning manufacturing joint...
Stephen Diehl Named President and CEO of Surfware, Inc.
CAMARILLO, Calif., July 1 PRNewswire — Stephen A. Diehl has been named President and CEO of Surfware, Inc., developer of SURFCAM(R) CAD/CAM systems. "I am proud and happy to announce that my eldest son Stephen will take over as Surfware President and CEO of the company," says Alan...
TriMas Announces Brian McGuire as President of Monogram Aerospace Fasteners; Jerad Van Auken Promoted to President of Norris Cylinder
BLOOMFIELD HILLS, Mich., July 1 PRNewswire-FirstCall — TriMas Corporation (NYSE: TRS) — a diversified growth company of specialty niche businesses — today announced that Brian McGuire has been appointed President of Monogram Aerospace Fasteners, effective immediately. Mr...
Flow International Schedules Fourth Quarter 2008 Results Conference Call
KENT, Wash., July 1 PRNewswire-FirstCall — Flow International Corporation (Nasdaq: FLOW), the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, plans to hold a conference call to discuss the results of its 2008 fourth...
Colfax Corporation Added to Russell 2000(R) Index
RICHMOND, Va., July 1 PRNewswire-FirstCall — Colfax Corporation (NYSE: CFX), a global leader in engineered fluid handling products and systems, today announced that it was added to the Russell 2000(R) Index after the markets closed on June 27, 2008 as Russell reconstituted its...
Gama Corporation Files Antitrust Countersuit
TRENTON, N.J., July 1 PRNewswire — On June 30, 2008, in response to a lawsuit filed by Graco Inc., Gama Corporation and Denis Commette filed an antitrust counterclaim against Graco Inc., and Graco Minnesota, Inc. In their lawsuit, Gama and Mr. Commette allege that Graco has achieved...
New FARO Gage Online Video Showcases QC Technology
LAKE MARY, Fla., July 1 PRNewswire-FirstCall — FARO Technologies, Inc. (Nasdaq: FARO) the world leader in portable computer-aided measurement hardware and software, announced today that it released an online video demonstration of its highest-accuracy device, the FARO Gage-PLUS. "Our...
Hot Enough for You? Florida Warehouse Beats the Heat and Humidity
MARIANNA, Fla., July 1 PRNewswire — Tri-States Automotive Warehouse owner Walter Spence no longer has to worry about significant downtime and expense to train new warehouse workers at his 100,000 sq. ft. facility in Marianna. "It was getting difficult to keep people who worked in the...
Stanley Works To Broadcast Second Quarter Conference Call Live Over the Internet
NEW BRITAIN, Conn., July 1 PRNewswire-FirstCall — The Stanley Works (NYSE: SWK) will broadcast its second quarter earnings conference call live via the Internet on Tuesday, July 22, 2008. The call will begin at 10:00am eastern time and will last for approximately one hour. A news...
Unisource Announces New Stretch Film Wrapper Equipment Program Featuring Private Brand Machine
NORCROSS, Ga., July 1 PRNewswire — Unisource Worldwide, Inc., one of the leading distributors of paper, packaging and facility supplies in North America, today announced a new stretch film wrapper equipment program featuring three outstanding lines of equipment with nationwide...
Dover Corporation Announces Second Quarter 2008 Earnings Release Date, Conference Call, and Webcast
NEW YORK, July 1 PRNewswire-FirstCall — Dover Corporation (NYSE: DOV) announced today that it will release second quarter 2008 earnings at 6:00 a.m. EDT on Wednesday, July 23, 2008. Later that morning, Dover will host a conference call at 8:00 a.m. EDT to discuss these results. The...
Federal Signal Announces Sale of Its Municipal Leasing Assets
OAK BROOK, Ill., July 1 PRNewswire-FirstCall — Federal Signal Corporation (NYSE: FSS), a leader in advancing security and well-being, announced today that it is selling its municipal leasing portfolio to Banc of America Public Capital Corp, a subsidiary of Bank of America. The...
Wonder Auto Technology Today Announces Preliminary 2008 Second Quarter Financial Results
JINZHOU CITY, Liaoning, China, July 1 Xinhua-PRNewswire-FirstCall — Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced its preliminary results for the second quarter...
Affinia Expanding Global Manufacturing
ANN ARBOR, Mich., July 1 PRNewswire — Affinia Group Inc., a global leader in the on- and off-highway replacement products and services industry, has announced plans to acquire 85 percent of HBM Investment Limited, owner of one of the world's largest drum and rotor manufacturing...
China Wind Systems, Inc. Completes Construction of New Building in Support of Phase One Expansion
WUXI, Jiangsu, China, July 1 Xinhua-PRNewswire-FirstCall — China Wind Systems, Inc. (OTC Bulletin Board: CWSI) (''China Wind Systems'' or the ''Company''), which through its wholly owned subsidiaries manufactures and sells industrial equipment for use in the textile and energy related...
Parker Breaks Ground on New European Headquarters in Switzerland Reflecting Its Continuing International Growth
CLEVELAND, July 1 PRNewswire-FirstCall — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today held a groundbreaking ceremony as the first step in the construction of its new European headquarters in Etoy in the Canton of Vaud...
ViaLogy Partners With Texas Group ASTFS to Offer Aerial Survey Services for Underground Oil & Gas Pipelines
LONDON, July 1 PRNewswire-FirstCall — ViaLogy LLC announces an agreement with Texas-based ASTFS LLC, an oil and gas pipeline field services and survey company, to offer its QSUB(TM) electromagnetic imagery fusion platform to provide imaging of underground metallic pipelines using...
Enodis plc Agrees to Recommend Offer from The Manitowoc Company, Inc. Following Completion of Auction Process
MANITOWOC, Wis., June 30 PRNewswire-FirstCall — The Manitowoc Company, Inc. (NYSE: MTW) announced today that it has been notified by the UK Takeover Panel that Enodis plc (LSE: ENO) intends to recommend Manitowoc's offer following completion of an auction process with Illinois Tool...
China Yuchai Updates on 2006 and 2007 20-F Filings
SINGAPORE, June 30 Xinhua-PRNewswire-FirstCall — China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it is in the final stages of completing its consolidated financial statements for the fiscal year ended December 31, 2006 and...
Automated Logic Corporation Expands Branch Operations Serving Greater New York City and Northern New Jersey
KENNESAW, Ga., June 30 PRNewswire — Automated Logic Corporation (ALC) has acquired the business of Building Control Technologies, Inc. (BCT), an independent controls contractor based in Lincoln Park, N.J. This is ALC's third dealership acquisition in the greater New York City area...
Owens Corning Reports Sustainability Progress
TOLEDO, Ohio, June 30 PRNewswire-FirstCall — Owens Corning (NYSE: OC) today released its 2007 Sustainability Report, which highlights the company's commitment to operating its business with three balanced outcomes of economic growth, environmental stewardship and social progress. The...
TriMas' Lamons Gasket Awarded Contract to Provide Gaskets for Motiva Port Arthur Refinery Expansion Project
BLOOMFIELD HILLS, Mich., June 30 PRNewswire-FirstCall — TriMas Corporation (NYSE: TRS) — a diversified growth company of specialty niche businesses — today announced that its Lamons Gasket Company has been awarded a contract for the Motiva Port Arthur Refinery Expansion...
Maxim Crane Works Holdings, Inc. Announces Closing Date of Merger with Affiliates of Platinum Equity
PITTSBURGH, June 30 PRNewswire-FirstCall — Maxim Crane Works Holdings, Inc. (Pink Sheets: MXMC) ("Maxim Crane Works") today announced that the closing of the merger contemplated by the Merger Agreement between Maxim Crane Works and affiliates of Platinum Equity Partners II, L.P...
MassMutual Chosen as Full-Service Provider for Blue Bird Corporation's Defined Benefit and Defined Contribution Plans
SPRINGFIELD, Mass., June 30 PRNewswire — MassMutual Retirement Services has been selected by Blue Bird Corporation, Fort Valley, Ga., as the new full-service provider for the company's $90 million defined benefit plan as well as its $65 million 401(k) plan. Blue Bird Corporation is...
Robbins & Myers Issues Corrected Conference Call Information
DAYTON, Ohio, June 30 PRNewswire-FirstCall — Robbins & Myers, Inc. (NYSE: RBN) issued a correction to its dial in number for the third quarter results conference call scheduled today, June 30 at 11:00 a.m. EDT. Participants should dial 1-800-561-2718 (U.S./Canada) or...
Georgia Manufacturers Guide Reports State Industrial Jobs Down 2.3%
EVANSTON, Ill., June 30 PRNewswire — /Manufacturers' News, Inc./ — Industrial employment in Georgia dropped another 2.3% over the past 12 months according to the 2009 Georgia Manufacturers Register, a compilation of state industry published annually by Manufacturers' News, Inc...
China Automotive Systems Announces 2008 Second Quarter Preliminary Results
WUHAN, Hubei, China, June 30 Xinhua-PRNewswire-FirstCall — China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced preliminary results for the second quarter of 2008, with revenue expected to be over US$52 million...
Robbins & Myers Reports Record Third Quarter Results
DAYTON, Ohio, June 30 PRNewswire-FirstCall — Robbins & Myers, Inc. (NYSE: RBN) today reported diluted net earnings per share (DEPS) of $0.76 for its fiscal third quarter ended May 31, 2008, including $0.14 resulting from the previously-announced expiration of certain contingency...
Dresser-Rand Announces Acquisition Agreement with Peter Brotherhood
HOUSTON, June 30 PRNewswire-FirstCall — Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC), a global supplier of rotating equipment, announced today that its newly formed UK subsidiary has entered into an agreement to acquire certain assets of Peter Brotherhood...
Kodiak Oil & Gas Corp. Provides Operations Update
DENVER, June 30 PRNewswire-FirstCall — Kodiak Oil & Gas Corp. (Amex: KOG), an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided an interim...
WABCO Earns Top Quality Award from KAMAZ, Russia's Largest Manufacturer of Commercial Vehicles
BRUSSELS and MOSCOW, June 30 PRNewswire-FirstCall — WABCO Holdings Inc. (NYSE: WBC) today announced that WABCO . One of every two trucks produced in Russia and the CIS is made by KAMAZ. "As a market leader, we honor suppliers that contribute continuously high levels of quality across...
China Gengsheng Minerals, Inc. Awarded $1.46 Million Fracture Proppants Contract by PetroChina
GONGYI, China, June 30 Xinhua-PRNewswire-FirstCall — China Gengsheng Minerals, Inc. (OTC Bulletin Board: CHGS) ("Gengsheng" or "the Company"), a leading manufacturer in China of industrial materials capable of withstanding high temperature, saving energy and boosting productivity in...
Caterpillar Announces Plans to Build Small-Sized Hydraulic Excavators in China
Caterpillar continues to make major capital investments in China BEIJING, People's Republic of China (PRC), June 30 /PRNewswire-FirstCall/ — Caterpillar Inc. (NYSE: CAT) announced today plans to build world-class small-sized (less than 20 tons) hydraulic excavators in Nanjing, Jiangsu...
Elecsys Announces Executive Update Within Its DCI Subsidiary
OLATHE, Kan., May 23 PRNewswire-FirstCall — Elecsys Corporation (Amex: ASY), announced today that Robert O'Conor will not be joining the Company's DCI, Inc. subsidiary as Executive Vice President of Business Development as previously announced. Mr. O'Conor stated, "While very excited...
Delray Beach Soccer Club Signs Division One College Soccer Coaches
DELRAY BEACH, Fla., May 23 PRNewswire — The Delray Beach Soccer Club announced today that two former Division One college soccer coaches have joined the club's veteran coaching staff as its youth soccer talent spotting try-outs kick off this week. "We're pleased to welcome Ken Germano...
Hardinge Inc. Announces Change in Senior Management
ELMIRA, N.Y., May 23 PRNewswire-FirstCall — Hardinge Inc. (Nasdaq: HDNG), a leading international provider of advanced material-cutting solutions, today announced that President and CEO, J. Patrick Ervin has stepped down from his position and that Richard L. Simons, the Company's Senior...
Raven Industries Elects Daniel A. Rykhus as a Director; Raises Board Members to Nine
SIOUX FALLS, S.D., May 22 PRNewswire-FirstCall — Raven Industries, Inc. (Nasdaq: RAVN) announced today that its shareholders elected Daniel A. Rykhus as a director. Mr. Rykhus' appointment increases the number of board members to nine. Ronald Moquist, president and chief executive...
Superior Energy Services, Inc. Announces Results of Annual Meeting
HARVEY, La., May 22 PRNewswire-FirstCall — Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced the results of its 2008 Annual Meeting of Stockholders held on May 21, 2008 in New Orleans, Louisiana. At the meeting, the stockholders elected Harold J. Bouillion...
Plexus Systems' User Conference Draws U.S. Manufacturers
AUBURN HILLS, Mich., May 22 PRNewswire — Plexus Systems, Inc., provider of Plexus Online software for the manufacturing enterprise, hosted nearly 300 guests at PowerPlex 2008 user conference who learned about manufacturing technology best practices and the state of the on-demand...
National Aviation Maintenance Technician Day One Step Closer to Reality
WASHINGTON, May 22 PRNewswire-USNewswire — Although it has long been recognized by those in the aviation maintenance industry, National Aviation Maintenance Technician Day is one step closer to being official after the U.S. House of Representative voted to support its establishment...
TRW Develops Scalable Low Cost Airbag Electronic Control Units for Emerging Markets
LIVONIA, Mich., May 22 PRNewswire-FirstCall — The TRW Automotive Holdings Corp. (NYSE: TRW) subsidiary, TRW Automotive U.S. LLC, has developed a scalable airbag control unit (ACU) designed for the growing low-cost vehicle markets. The intelligent solution allows the ACU to be adapted...
Chindex International, CEO, Roberta Lipson Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Finalist in Greater Washington
BETHESDA, Maryland, May 22 Xinhua-PRNewswire — Chindex International (Nasdaq: CHDX) today announced that CEO, Roberta Lipson was named as a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2008 Award in the Greater Washington Region. According to Ernst & Young LLP...
Jack Perkowski Joins Fushi Copperweld's Board of Directors
DALIAN, China, May 22 Xinhua-PRNewswire — Fushi Copperweld, Inc. (Nasdaq: FSIN), the leading global manufacturer of bimetallic wire used in a variety of telecommunication, utility, power transmission, automotive and other electrical products, today announced the appointment of Jack...
Genco Shipping Announces Pricing of Offering of Common Stock
NEW YORK, May 22 PRNewswire-FirstCall — Genco Shipping & Trading Limited (NYSE: GNK) today announced the pricing on May 21 of a public offering of primary and secondary shares of its common stock, par value $0.01 per share ("Common Stock"). Genco is offering 2,702,669 shares of...
Columbus McKinnon Announces Fiscal 2008 Fourth Quarter Conference Call and Webcast Information
AMHERST, N.Y., May 8 PRNewswire-FirstCall — Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that it has scheduled a teleconference and webcast for Thursday, May 22, 2008 at 10:00 AM Eastern Time...
Columbus McKinnon Reports Continued Global Sales Growth and Strong Cash Flows for Fourth Quarter and Fiscal Year 2008
AMHERST, N.Y., May 22 PRNewswire-FirstCall — Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of material handling products, today announced financial results for its fourth quarter and fiscal year 2008 that ended on March 31, 2008. Net...
Nordson Corporation Reports Record Second Quarter Sales, Operating Profit and Earnings Per Share
WESTLAKE, Ohio, May 21 PRNewswire-FirstCall — Nordson Corporation (Nasdaq: NDSN) today reported record second quarter sales, operating profit and diluted earnings per share. For the quarter ending April 30, 2008, sales reached $294 million, a 22 percent increase over sales in the...
Raven Industries Board Announces Cash Dividend of $0.13 Cents Payable on July 15, 2008
SIOUX FALLS, S.D., May 21 PRNewswire-FirstCall — Raven Industries, Inc. (Nasdaq: RAVN) announced today that its board of directors has approved the regular quarterly cash dividend of $0.13 cents per share, payable July 15, 2008, to shareholders of record on June 25, 2008. About Raven...
NewPage Announces Integration Decisions for Premium, No. 2 and No. 3 Product Lines
MIAMISBURG, Ohio, May 21 PRNewswire — NewPage Corporation announced plans today to integrate its Premium, No. 2 and No. 3 paper lines as a result of its acquisition of Stora Enso North America (SENA). "As we come closer to establishing our line-up of products, we've taken great...
Dresser-Rand Announces Renewed Supplier Agreement with Chevron
OLEAN, N.Y., May 21 PRNewswire-FirstCall — Dresser-Rand announced that it and Chevron U.S.A., Inc. renewed their worldwide supplier agreement in a ceremony held here today with representatives of both companies. Under terms of the nonexclusive five-year agreement, Dresser-Rand is...
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