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Industrial Machine News

Industrial Machines news continually updated from thousands of sources around the net.

51 min ago | Heavy Duty Trucking

Goodyear Long-Wearing Kelly Regional Tire

The Goodyear Tire & Rubber Company introduced a new Kelly Armorsteel KRH regional tire for pickup and delivery and school buses. via Heavy Duty Trucking

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5 hrs ago | Manufacturing.net

Former Siemens CEO Could Face Fines After Scandal

The former chief executive and board chairman at German industrial conglomerate Siemens could be fined for a violation of his oversight duties. via Manufacturing.net

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Related Topix: Telecom

9 hrs ago | Heavy Duty Trucking

Rush Enterprises Buys Two North Carolina Dealerships

“It strengthens our contiguous network of distribution across the Southern United States by adding a significant presence in the North Carolina market.”

Texas-based Rush Enterprises, which operates the largest full service network of heavy- and medium-duty truck dealerships in North America, has acquired two more dealership compnies in Charlotte, North ... via Heavy Duty Trucking

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Related Topix: Manufacturing, Charlotte, NC

13 hrs ago | The Canadian Press | Posted by The Canadian Press

Fibre costs, loonie drop Cascades to first-quarter net loss of $4 million

“Market conditions continued to deteriorate as the cost of recycled paper and energy increased while in Canada, demand weakened in some of our groups”

- Tissue and cardboard maker Cascades Inc. (TSX:CAS) reported a first-quarter net loss of $4 million, reversing a year-ago $22-million profit as the company was hit by high fibre costs, a strong Canadian dollar and challenging business conditions in the company's boxboard and tissue paper sectors.

The Quebec company said Thursday it lost four cents a share for the three months ended March 31. That compared with net earnings of $22 million or 22 cents a share for the same period in 2007.

When excluding specific items, the net loss for the quarter amounted to $9 million, compared with earnings of $5 million last year. Read more

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17 hrs ago | ClipSyndicate

VIDEO: Market Movers: Real Goods Solar, Colfax Corp.

Real Goods Solar Down as Much as 19%, Prices $55 Million IPO; Colfax Shares Rise as Much as 33% in First Day of NYSE Trading via ClipSyndicate

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Related Topix: Manufacturing, Video, Business News

21 hrs ago | Pittsburgh Tribune-Review

Alcoa names Kleinfeld CEO, succeeding Belda

“Our election of (Kleinfeld) to the position of CEO reflects our confidence in him as a truly global leader, capable of continuing to capture the growth opportunities ahead”

The board of Alcoa Inc. today elected President Klaus Kleinfeld to succeed Alain Belda as chief executive, effective immediately. via Pittsburgh Tribune-Review

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Related Topix: Alcoa, Mining, Telecom

Yesterday | Express India

Heidelberger Druckmaschinen AG: Preliminary figures for FY08

“After drupa but before the Annual General Meeting on July 18, we will announce appropriate measures to secure our leading market position and financial performance in the long term”

Sales and operating result down on last year -- Business hit by struggling global Economy and strong euro -- No market improvement on horizon for current financial year 2008/2009 -- First quarter 2008/2009: ... via Express India

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Related Topix: Manufacturing

Yesterday | International Business Times

Jarden 1Q profit triples on outdoor sales

Jarden Corp., an appliance and consumer products maker, said Thursday its first-quarter profit more than tripled, helped by the acquisition of two outdoor sporting goods companies. via International Business Times

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Related Topix: Jarden, Manufacturing, Appliances

Yesterday | Bloomberg

Illinois Tool to Buy Enodis for $2.1 Billion, Trumping Bid From Manitowoc

Illinois Tool Works Inc. , the manufacturer of Duo-Fast nail guns and Wilsonart countertops, agreed to buy Enodis Plc for $2.1 billion, trumping a rival offer for the U.K. catering-gear maker from Manitowoc Co. via Bloomberg

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Yesterday | Coshocton Tribune

Memorial honors CBJ owner McConnell

“I'm going to do whatever it takes to bring an NHL franchise to Columbus.”

COLUMBUS, Ohio - There were captains of industry, professional athletes, famous coaches, celebrities and even little kids wearing Blue Jackets jerseys and quietly filing into Nationwide Arena on Wednesday ... via Coshocton Tribune

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