Industrial Machine News Archives

“Our market-leading products and continuous innovation will bring many strategic benefits to Eaton and its customers”

Pittsburgh, Nov 29 : Diversified industrial manufacturer Eaton Corporation has expanded its global Power Quality business by acquiring Schneider Electric's small systems business of MGE, becoming the world's ... via Daily India

“This precautionary campaign is in response to our internal analysis and review of early warning data we monitor on our tires”

AKRON, Ohio - Goodyear Tire & Rubber Co. offered exchanges Friday for certain tires sold for use with minivans and small trucks, but insisted the decision is not a recall. via Canadian Business Magazine

Ceradyne, Inc. Ceradyne, Inc. received a $107 million delivery order for ESAPI from the U.S. Army, Aberdeen Proving Ground, Maryland. via Freshnews

“The lifetime costs of young smokers are for one cohort of 24-year-olds”

Five years after all current smokers who receive Medicaid benefits quit smoking, program expenditures would be an estimated $9.7 billion lower, according to a new report by researchers at RTI International. via Newswise

The state Supreme Court ruled today that Longview Fibre illegally discriminated against a woman when it refused to hire her as a clerk and order checker because she was pregnant. via KPAX

AbitibiBowater Inc., created last month from the merger of North America's two largest newsprint makers, said it will close mills in Canada and the U.S. amid a slump in demand for paper. via Bloomberg.com

“This application represents a whole new market for our fuel cell technology”

UTC Power, a subsidiary of United Technologies Corp., announced Wednesday that it has signed a contract to develop a fuel cell power module for a Spanish Navy submarine. via Norwalk Advocate

“I'm excited to take on such a pivotal role at Key. We're dedicated to building our technology leadership position through development partnerships, acquisitions, licensing, and cooperation with academic research efforts”

Key Technology announced the appointment of Richard Hebel as Chief Technology Officer . via Pharmaceutical Online

“People think of urban moms having tattoos.”

In this photo provided by Goodyear, tattoo artist Justin McRoy of Bad Apple Tattoo in Las Vegas, left, inks Fernando Diaz of Houston with his second Dunlop tattoo at the Specialty Equipment Market Association ... via STLtoday

Tokyo : Mitsubishi Heavy Industries Ltd will set up a subsidiary in the Vietnamese capital of Hanoi, as early as January 2008 which will produce commercial aircraft components, the company said Tuesday. via Domain-B

“It's something different here driving the brick”

They got it right the fifth time. Contributed photo Workers at Garrison's Acme Brick plant pose with Baby Clay, the world's largest brick, Monday. via Lufkin Daily News

“The important thing is that the fine as a whole is sufficiently deterrent so that no other companies will be tempted to infringe the rules again in the future and I believe we have achieved that aim in this case”

Guardian Industries Corp. of the United States and three other companies were fined about $724 million on Wednesday by European regulators who said they fixed the price in Europe of flat glass used to make ... via Myrtle Beach Online

“Year-to-date international sales make up 58% of the total sales of Sun. Our local presence in Europe and Asia has facilitated penetration of those markets and allowed us to capture market share.”

Investors have had a long, smooth and successful ride with Florida-based Sun Hydraulics Corporation , a maker and marketer of key parts that harness fluid power. via Seeking Alpha

Michelin North America and China Manufacturers Alliance have entered into a settlement agreement resolving the infringement of intellectual property rights. via Heavy Duty Trucking

Posted by Plain Dealer Business Staff November 27, 2007 11:08AM Categories: Breaking News The Goodyear Tire & Rubber Co. via The Plain Dealer

Finning International said on Tuesday it will spend C$145 million to buy Collicutt Energy Services Ltd. via Globeinvestor.com

Consulting-Specifying Engineer, 11/27/2007 8:09:00 AM Royal Philips Electronics NV, Amsterdam, will buy the Genlyte Group Inc., Louisville, Ky., for $2.7 billion. via Consulting-Specifying Engineer

“This location is truly unique to this region, with the Cultural District to the west, the central business district to the east and great, affluent residential community around University, and a very unique five-point intersection”

FORT WORTH -- A seven-screen Movie Tavern theater and a new-brand 150-room boutique hotel will be a part of West 7th, the redevelopment of an 18-acre tract at the museum district on the city's near west side that until recently was home to Acme Brick Co. headquarters and other commercial property.

Most of the small industrial buildings at the site have been demolished and the iconic orange-brick Acme Brick buildings will come down in December to make room for the $200 million, 1.1 million-square-foot project, being built by Dallas-based Cypress Equities, a development affiliate of The Staubach Co. real estate firm. The development will be completed by fall 2009. Read more

Financial Federal will release these financial results after the market closes on Tuesday, December 4, 2007. via PR-inside.com

Our review partner Digital Trends published a review of the stylish Logitech Quickcam Pro webcam for Notebooks. via I4U Future Technology News

Royal Philips Electronics NV will buy Genlyte Group Inc. for $2.7 billion, the world's largest lighting maker said Monday. via StarNewsOnline.com

“This guy, he wasn't doing anything threatening, but he didn't see them, so they shot him”

Guards employed by Unity Resources Group, a security company responsible for the shooting deaths of two Iraqi women here Oct. via MSNBC

“With the capability and fidelity that exists in simulation today, it's pretty hard to argue that we cannot create a synthetic environment that is as realistic as any physical environment that you can encounter”

A new international rule that allows commercial airline co-pilots to gain licences with minimal actual flying experience could be money in the bank for simulator manufacturers and pilot training firms like ... via 102.9 CKDS-FM

“The machine was bought and delivered less than two weeks (before the fire)”

A jury in Hamlin County has awarded two dairy farmers more than $1.4 million in damages in a lawsuit involving a faulty silage harvester made by Deere & Co. via Rapid City Journal

“Before she had surgery, she was wearing it and it usually helped.”

TRENTON, N.J. - It's the stuff that many people find addictively fun to pop after opening a fragile package. via Poughkeepsie Journal

Siemens AG, Europe's biggest engineering company, may name Wolfgang Dehen, Heinrich Hiesinger and Erich Reinhardt as new heads of the energy, industrial and medical units, two people with direct knowledge of ... via Bloomberg Business News

“We are extremely pleased that Bob has joined our board of directors. His extensive financial and business experience and strategic vision will serve us well in his service as a member of our board.”

Rock-Tenn Company announced today that on November 20, 2007, the board of directors of the Company appointed Robert M. Chapman as a director of the Company. via Quick Printing

Brady Corporation reports record sales and earnings for its fiscal 2008 first quarter ended October 31, 2007. via Customer Interaction Solutions

Priva Inc. announced today that it has filed a proposal for its creditors pursuant to the Bankruptcy and Insolvency Act with RSM Richter Inc., a licensed trustee . via Earth Times

When a buyout shop chooses to pay $100 million just to walk away from a committed deal, that tells you how deep today's financial crisis is running.

Private-equity firm Cerberus Capital Management wants out of its $4 billion offer for United Rentals Inc., which just days ago thought it was about to be bought for $34.50 a share.

Cerberus isn't even trying to fight paying the termination fee by blaming deteriorating credit conditions for its change of heart. Instead, Cerberus simply says it wasn't 'prepared' to continue with the acquisition, and will pay the penalty to end the deal. Read more

“That is why we are going this length until the commission is furnished with the necessary documents through INTERPOL.”

THE Independent Corrupt Practices and Other Related Offences Commission is seeking the assistance of the International Police in getting to the root of the alleged involvement of some former Communication ... via AllAfrica.com

Domtar Inc., a wholly owned subsidiary of Domtar Corporation, announced today that it sent on November 21, 2007 notices of redemption to the registered holders of all of its Series A Preferred Shares and Series ... via Earth Times

The Commerce Commission is following the example of its Trans Tasman colleague in throwing the book at suspected cartel behaviour in the corregated fibre packaging industry. via NBR Newsroom

Danaher Corporation and Tektronix, Inc. jointly announced today the expiration, as of 11:59 PM, New York City time, on November 20, 2007, of the subsequent offering period in the tender offer made by Raven ... via WebWire

November 21, 2007 Joy Global Inc. declared a quarterly dividend in the amount of $0.15 per share to be paid on December 19, 2007 to shareholders of record on December 5, 2007. via Customer Interaction Solutions

The chairman and chief executive of engineering firm Griffon Corp. bought 25,000 shares of common stock, according to a Securities and Exchange Commission filing. via Canadian Business Magazine

Industrial metalworking company Dynamic Materials Corp. said Friday it bought DYNAenergetics, a Germany-based manufacturer of clad metal plates and various explosives-related oil-field products. via Manufacturing.net

Farm equipment maker Deere & Co. said Wednesday its fourth-quarter profit rose 52 percent as strong worldwide agricultural sales more than offset declines in other sectors from the U.S. housing slump. via Canadian Business Magazine

Posted by The Associated Press November 20, 2007 19:41PM Categories: Breaking News A federal appeals court has refused to intervene in rates paid by an Albany manufacturer, despite what it says may have been ... via The Oregonian

“I was left with no doubt that he achieved the results he achieved in Queensland because he was able to negotiate with his competitor on prices. Now, how he told me that I can't recall”

SACKED Amcor chief executive Russell Jones told the competition watchdog his company had initiated the illegal price-fixing ring that resulted in co-conspirator and billionaire Richard Pratt being fined a ... via NEWS.com.au

The audio portion of the presentation and accompanying presentation slides will be available through a link at www.idexcorp.com . Interested investors may also access the live webcast or a replay directly at ... via PR-inside.com

“While similar technology is currently in use in some niche applications within food processing, water purification, medical device and other industries, Tennant Company is the first to introduce it for commercial cleaning”

With more environmental regulations limiting the output of waste water and concerns about food safety, processers are on the look out for products that could help them limit the use of abrasive chemical ... via Food And Drink Europe

“The company is in the process of securing a working capital loan that will provide it with the funds needed to seek new assets or a business.”

AADCO Automotive Inc. , which is late in filing its financial stamens and has seen its stock halted on the TSX Venture Exchange, is planning to sell its key auto wrecking business for $100,000 and assumption of ... via Sympatico Finance

“What's better than resting on air?”

It's the stuff that many people find addictively fun to pop after opening a fragile package. via Houston Chronicle

United Rentals Inc. said Monday it filed a lawsuit trying to force Cerberus Capital Management LP to complete its previously agreed acquisition of the equipment rental company. via PE Hub

“We deeply regret that this happened”

WASHINGTON : Reading scores of U.S. students on an international test are being tossed out due to a problem with how the test was printed, federal officials said Monday. via International Herald Tribune

Middleby Corp. has agreed to acquire New Star Holdings International Inc. for $188 million in cash, the cooking equipment manufacturer said Monday. via Manufacturing.net

Monday, Nov 19th 2007 by Reece Bailey Schofield Logitech has finally revamped their high end series of QuickCam Orbit web cams. via SlashGear.com

“This has placed some margin pressure on OneSteel's domestic business”

Australia's second-largest steel group OneSteel Ltd said Monday it expects to report earnings before interest, tax, depreciation and amortisation of 710-780 million Australian dollars for the year to June 2008, ... via Quamnet

“However, we did not see the benefit of any release that was made, so we cancelled our contract in 2004.”

AbitibiBowater, a shuttered paper mill outside Lufkin seeking to double the amount of groundwater it used while in operation, cancelled its surface water rights to Lake Striker in 2004. via The Lufkin Daily News

Nearly a year after Abitibi Consolidated Inc. and Bowater Inc. told the world this January that they would combine in a highly-competitive, all-share "merger of equals," the market for paper has begun to shrink ... via Seeking Alpha

Sikorsky Aircraft Corp, a subsidiary of United Technologies Corp , and the United Arab Emirates announced on Monday that they have entered into a direct commercial sale contract for 10 S-70A BLACK HAWK ... via M2.com

“The combined effects of Gore and Quellan technologies deliver the best value in cable interconnect bandwidth, distance, density and power while minimizing risk.”

W. L. Gore & Associates and Quellan Incorporated today demonstrated a broad range of new GORE Extended Reach Cable Assemblies. via Customer Interaction Solutions

“His breadth of experience, high performance throughout his career and keen insights will be tremendous assets to RTI.”

Mr. Strome, 52, will be responsible for strategic planning and business development, treasury, and investor relations. via PR-inside.com

Nokia has unveiled the Nokia N82, a multimedia computer optimised for photography, navigation and internet connectivity. via TMCnet

Another executive is leaving Presstek Inc. Todd Chambers, who was appointed chief marketing officer of the Hudson-based digital printing equipment company in January, resigned last week to "pursue other ... via New Hampshire Business Review

German telecommunications giant Siemens AG paid about 17.5 million dollars in bribes to government and industry officials in Nigeria, Russia and Libya in a bid to win contracts. via XtraMSN Real Estate

“We asked the appropriate government agencies to examine certain trade practices that we consider to be unfair and injurious to U.S. producers and U.S. workers”

Via Thomson Dialog NewsEdge) Nov. 17--An investigation into possible dumping of lightweight thermal paper moved forward Friday when the U.S. International Trade Commission determined that there is a "reasonable ... via Customer Interaction Solutions

“Scan will benefit Parker globally by strengthening our offshore presence on floating platforms in Europe, Asia and the Middle East.”

Parker Hannifin Corp. said it has acquired Norwegian manufacturer Scan Subsea ASA in a deal that will expand its wind energy and offshore oil exploration capabilities. via Crain's Cleveland Business

“If it hadn't been for the spare tire in the trunk, Deputy Paisley probably would have been shot”

Two Muskingum County deputies were shot at Wednesday night as they investigated a complaint in a rural part of the county and one man is now in custody with charges pending. via Central Ohio

Neenah Foundry Co. said Friday that it will eliminate an undisclosed number of salaried workers in an effort to cut $2.5 million to $3 million in expenses. via Business Journal Milwaukee

Illinois Tool Works Inc. said today operating revenue for the three months ended Oct. 31 rose 15.6 percent -- with the bulk of that upturn reflecting the contribution of operations the Glenview manufacturer acquired during the past year.

The diversified industrial concern said that 9.9 percentage points of the increase are attributable to acquisitions, while 2.2 percentage points of the expansion come from 'base' operations held for more than 12 months.

The remaining 3.5 percent contribution reflects favorable foreign-currency translation and other non-recurring items. Read more

CREVE COEUR, Mo., and CHICAGO - Smurfit-Stone Container Corporation has accepted an invitation to join the World Business Council for Sustainable Development , a global business organization dedicated to ... via Zanesvilletimesrecorder.com - Local News

“By lowering the costs and reducing the time required for development, patients would gain access to a broader array of novel therapies.”

Biopharmaceutical firms looking to lower research and development costs could save hundreds of millions of dollars by upgrading their technology infrastructure, a study by RTI International reports. via Local Tech Wire

A man is in custody tonight after allegedly shooting at two Muskingum County Sheriff's Deputies last night. via Whiznews.com

Sikorsky Aircraft Corp, a subsidiary of United Technologies Corp , announced on Monday that it has completed delivery of eight UH-60L BLACK HAWK helicopters to the Kingdom of Jordan. via M2.com

“The acquisition of Webb by Daifuku will allow us to continue to pursue strong growth, both domestically and internationally, while maintaining our current operating structure and management team”

Jervis B. Webb Company of Farmington Hills, Mich., U.S.A., - a world leader in material handling solutions - has announced an agreement with Daifuku Co., Ltd. via Earth Times

“We're asking retirees to shop, help make choices as they do in the rest of their economic lives.”

Deere & Co. is standing firm behind a new health care benefits plan for its flex retirees and believes the retirees have ample time to analyze and select their options. via Bettendorf News

Moline, Ill.-John Deere Construction & Forestry, a division of Deere & Co., has selected Fergus/Peters Group, Des Plaines, Ill., as its advertising and PR agency of record, following a review. via BtoB Magazine

The Manitowoc Co. Inc. said Tuesday that it intends to sell 3 million shares of common stock in an underwritten offering Nov. via The Business Journal - Milwaukee

Cerberus Capital Management LP backed out of a $4 billion agreement to buy United Rentals Inc., the second time in less than a month it has abandoned a leveraged buyout. via Bloomberg

MOLINE, Ill. - Farm equipment-maker Deere & Company says its shareholders authorized a 2-for-1 common stock split -- the company's first split in 12 years. via Quad-City Times

“Our third-quarter performance places us on track to achieve our financial guidance for the full year”

Constar International, Inc. shares are soaring after CEO Mike Hoffman said during a morning conference call that the maker of plastic containers will enter 2008 with contractual price increases. via All Stories