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           25 April, 2024


    
Category:  Press

 » Machinery

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Parker Acquires EmiTherm in Kuala Lumpur, Malaysia (Popularity: )
http://www.parker.com
Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the acquisition of EmiTherm Sdn Bhd, a provider of electromagnetic interference (EMI) shielding and thermal management products. Revenues of the acquired business were approximately $4.2 million in 2007. Earnings are expected to be accretive to Parker in the first full year and will be reported within the Industrial International segment. Terms of the transaction were ...

China Holdings Acquisition Corp. Significantly Restructures Purchase Price for Bright World Precision Machinery Limited Acquisition and Improves Transaction Economics for CHAC Shareholders (Popularity: )
http://www.chinahac.com
-- Purchase price significantly restructured, which results in a valuation that compares favorably to public company peers in China(1) -- Bright World's first half 2008 revenues, net profit and EBITDA grew 51.8%, 64.1% and 59.9% (US dollars), respectively, compared to first half 2007(2) -- Highly attractive investment for participating in China's future growth -- Post-transaction earnout for Bright World's majority shareholder now tied to market-based stock price performance of combined ...

Community Members Join Area Dealers, Chrysler LLC and KaBOOM! to Build New Child-Designed Playground in One Day in Orlando, Fla. (Popularity: )
http://www.thechryslerfoundation.com
Before the sun set today, the children who call Devereux Florida home got a new and safe place to play. The new playground, which was fully assembled from scratch in less than eight hours, was built with the help of more than 250 volunteers from the Central Florida Chrysler, Jeep(R) and Dodge dealers; Chrysler LLC; The Chrysler Foundation; Chrysler Financial; Devereux Florida representatives; organizers from KaBOOM!; and residents of the ...

Chain Saw Carving Champ Bob King Wins the ECHO Cup for the Third Time - Event Raises $34,700 for Make-a-Wish Foundation(R) (Popularity: )
http://www.echo-usa.com
Pro-carver Bob King captured the ECHO Cup for the third consecutive year at the ECHO Chain Saw Carving Series Championship held October 3-5, 2008 at the Albuquerque International Balloon Fiesta(R). Mark Colp won the People's Choice category. Eight world-class chain saw carvers from across the U.S. and Japan competed in the 4th ECHO sponsored Championship after placing in the top rankings of one of four qualifying events. They competed in ...

Eagle Ottawa - Leading the Way With Green Design and Increased Driver Comfort (Popularity: )
http://www.eagleottawa.com
At the "Transforming the Automotive Leather Industry" media preview in Warren, Mich., Eagle Ottawa demonstrated how they create the most inspired automotive leather interiors in the industry, while leading the way toward environmentally-friendly Green Design and consumer comfort. Leather is naturally 'green' -- more than petroleum derivative synthetics. "A byproduct of the beef industry, recycled hides would otherwise go into landfills," said Jerry Sumpter, Eagle Ottawa President and CEO. "It's ...

West Coast Green 2008 Conference To Power Up with Solar from SolaRover (Popularity: )
http://www.solarover.com/
Today West Coast Green, the nation's largest conference and expo dedicated to green innovation, building, design and technology announced that SolaRover, a mobile solar power systems provider is joining forces with the conference to provide solar power to several major areas at the event, eliminating the need for conventional electricity in those areas. This is the most extensive known diversion of power to solar electricity that has been accomplished to ...

Chrysler LLC Celebrates Manufacturing Launch of the All-New 2009 Dodge Ram (Popularity: )
http://media.chrysler.com
Chrysler LLC celebrated today the manufacturing launch of the all-new 2009 Dodge Ram at the Warren (Michigan) Truck Assembly Plant with an event involving approximately 1,000 attendees, including Jim Press, Chrysler LLC Vice Chairman and President; Frank Ewasyshyn, Executive Vice President - Manufacturing; Governor Jennifer Granholm for the State of Michigan; General Holiefield, UAW Vice President and Director, Chrysler Department; as well as Company employees and local dignitaries. "The best ...

Ford Volunteers Kick Off 3rd Annual Global Week of Caring to Help Make the World a Better Place (Popularity: )
http://www.ford.com
Thousands of Ford Motor Company employees joined arms today to volunteer at projects on six continents for the third annual Ford Global Week of Caring. From September 6-14, Ford employee and retiree volunteers will pack up their skills and their hearts, and venture out into their local communities to build homes, renovate shelters and feed the hungry. More than 8,000 volunteers will work on more than 175 projects in local ...

Applied Industrial Technologies Completes Acquisition of Fluid Power Resource, LLC (Popularity: )
http://www.applied.com
Applied Industrial Technologies (NYSE: AIT) today announced it has successfully completed the previously announced acquisition of Fluid Power Resource, LLC (FPR) and the following seven fluid power distribution businesses: Bay Advanced Technologies, Carolina Fluid Components, DTS Fluid Power, FluidTech, Hughes HiTech, Hydro Air, and Power Systems. The final all-cash purchase price of $166 million, reduced by $3 million from the previously announced amount, was funded with existing cash of $62 ...

Goodyear VEBA Trust Approved by Federal Court (Popularity: )
http://www.goodyear.com
The Goodyear Tire & Rubber Company (NYSE: GT) announced today that the Voluntary Employees' Beneficiary Association trust (VEBA) proposed by it and the United Steelworkers union has been approved by U.S. District Court Judge John R. Adams. Under the terms of the settlement agreement, Goodyear will now make a $1 billion cash contribution to the VEBA, which will provide healthcare benefits to the company's current and future USW retirees. The ...