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Category:
Press
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Aleris International, Inc. Announces Completion of Purchase of Wabash Alloys (Popularity:  )
http://www.aleris.com
Aleris International, Inc. announced today the completion of its purchase of Wabash Alloys, a producer of aluminum casting alloys and molten metal, from Connell Limited Partnership. Steve Demetriou, Chairman and Chief Executive Officer stated, "The combination of Wabash Alloys and our specification alloy business unit will create an organization well positioned to serve the needs of a broad customer base with enhanced processing capabilities." Aleris International, Inc. is a global ...
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Franklin Electric Co. Inc. Announces the Acquisition of the Pump Division of Monarch Industries Limited (Popularity: )
http://www.fele.com
Franklin Electric Co., Inc. (Nasdaq: FELE), the world's largest manufacturer of submersible electric motors and a leading supplier of water pumping and fuel pumping systems, announced today that it has completed, through its wholly-owned subsidiary, Franklin Electric Canada, Inc., the acquisition of the pump division of Monarch Industries Limited, Winnipeg, Canada ("Monarch") in an asset transaction. Franklin Electric expects the transaction to be accretive to its earnings per share in ...
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Newest Member of Congress is IAM Member (Popularity: )
http://www.goiam.org
Members of the International Association of Machinists and Aerospace Workers (IAM) will give a hero's welcome to California Democratic Congresswoman-elect Laura Richardson today when she arrives to speak at the union's National Staff Conference in Orlando, FL. Richardson is a member of IAM District 947, Local 1930 in Long Beach, CA, and recently won a special election to fill the 37th District seat left vacant by the death of Rep. ...
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General Steel Holdings, Inc. Announces Extended Date For Second Quarter 10-Q Filing And Earnings Conference Call (Popularity: )
http://www.gshi-steel.com
General Steel Holdings, Inc. ("General Steel"), (OTC Bulletin Board: GSHO), China's first publicly traded steel company in the US, announced today that due to complexities of the consolidation of its June joint venture with the Shaanxi Long Men Iron and Steel Group, Co., Ltd. ("Long Men Steel Group") it will file its 10-Q form for the second quarter ending June 30, 2007, with the SEC on August 20, 2007. Second ...
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Raytheon Awarded $75 million Indefinite Delivery-Indefinite Quantity Contract to Modify Air Force Weapons Training Equipment (Popularity: )
http://www.raytheon.com
A subsidiary of Raytheon Company (NYSE: RTN) has been awarded a $75 million indefinite delivery-indefinite quantity contract to modify data link equipment for F-15 fighter aircraft. Raytheon Technical Services Company LLC will modify the weapons data link associated with the GBU-15 and AGM-130 weapons programs for frequency utilization to support the Commercial Spectrum Enhancement Act, which reallocates spectrum from governmental to commercial users. An initial $31.8 million delivery order was ...
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Astec Industries, Inc. Acquires Peterson, Inc., Manufacturer of Environmental, Wood, Construction Debris and Waste Product Processing Equipment (Popularity: )
http://www.astecindustries.com
Astec Industries, Inc. (Nasdaq: ASTE) finalized today the previously announced purchase of Peterson, Inc. ("Peterson") located in Eugene, Oregon. The final purchase price including closing adjustments was $21,100,000 with the possibility of additional payments of up to $3,000,000 in total based on Peterson's 2008 and 2009 financial results. The Company also paid off approximately $7,000,000 of outstanding Peterson debt. Under a separate contract, the Company agreed to purchase at a ...
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Elbit Systems Awarded $37 Million Contract to Supply Elop's Electro- Optical Payloads for Attack and Utility Helicopters (Popularity: )
Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary Elbit Systems Electro-Optics Elop Ltd. ("Elop") has been awarded a $37 million contract by a foreign customer to supply electro- optical (EO) payloads for attack and utility helicopters. The multi-year project also includes logistics support; the overall project has future potential valued estimated at more than $100 million. The system chosen is the latest generation of Elop's Compact Multi Purpose Advanced Stabilized ...
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Fujino Spirals India Pvt. Ltd (Popularity: )
http://www.fujinospirals.com/
Specializing in the field of pollution control dealing in Fujino spirals,Media based sewage treatment plants,Manufacturers of spirals media,industrial wastewater treatment india.
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MEDRAD Introduces New Extravasation Detector Technology (Popularity: )
http://www.medrad.com
MEDRAD, INC. introduced a new extravasation detector technology for the Stellant(R) CT Injection System that, for the first time, directly senses extravasation pooling under the skin during a Computed Tomography (CT) procedure. The MEDRAD XDS(TM) Extravasation Detector is a patented product designed to prevent moderate to severe contrast extravasations that may seriously injure patients. MEDRAD demonstrated the product publicly for the first time this week at the American Healthcare Radiology ...
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Tecumseh Products Company Announces Agreement to Sell the Majority of Its Electrical Components Operations to Regal Beloit Corporation (Popularity: )
http://www.tecumseh.com
Tecumseh Products Company (Nasdaq: TECUA; TECUB) ("Tecumseh" or the "Company") today announced that it has signed an agreement with Regal Beloit Corporation (NYSE: RBC), to sell to Regal Beloit the majority of Tecumseh's Electrical Components business operations for $220 million in cash, subject to customary adjustments at closing. The operations to be sold, principally composed of the Residential & Commercial Motors and Asia Pacific divisions of Tecumseh's Fasco business unit, ...
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