Industry News

FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Corporate Finance& Restructuring segment received the Turnaround Management Association’ s Mega Company Turnaround of the Year Award for its role in the Chapter 11 reorganization of automotive supplier Chassix Holdings, Inc.. Chassix produces and sells aluminum and iron castings and..."/>
FTI Consulting Wins Mega Company Turnaround of the Year Award from Turnaround Management Association
Hertz Global Holdings, Inc. announced today that its indirect wholly-owned subsidiary Hertz Holdings Netherlands B.V., a private company with limited liability incorporated under the laws of the Netherlands, has entered into an agreement to sell €225 million aggregate principal amount of its 4.125% Senior Notes due 2021 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended."/>
Hertz Global Holdings Announces Pricing of €225 Million Private Offering of Senior Notes by Hertz Holdings Netherlands B.V.
ITT Inc., a leading provider of essential products and services to a wide range of industries including oil and gas and petrochemical, is showcasing its capabilities at the 2016 Turbomachinery& International Pump Users Symposia. The Turbomachinery& International Pump Users Symposia attract engineers in the petrochemical, process, chemical, utility, contractor and consulting fields, along with manufacturers of rotating equipment and fluid-handling equipment..."/>
ITT showcases latest technologies at Turbomachinery & International Pump Users Symposia
Abbott Laboratories is among 13 Chicago-area companies on the list released Wednesday by the Dave Thomas Foundation, a nonprofit created by the late Wendy's founder Dave Thomas-- himself adopted-- to help find homes for foster kids."/>
Which Chicago-area companies offer the best adoption benefits? [Chicago Tribune]
Midwest Energy Emissions Corp., an emerging leader in mercury emissions control in North America, has secured a three-year contract with an electric utility. The utility has contracted for the latest commercialized product for ME 2 C's proprietary Sorbent Enhancement Additive Technology. This new "high sulfur-tolerant product" has been tested at numerous plants and now implemented on a large utility boiler that uses sulfur injected compounds to..."/>
Midwest Energy Emissions Corp. Secures Multi-Year Contract With the Commercialization of Its Newest Product
Hurco Companies, Inc., an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.09 per share. The dividend will be paid on October 17, 2016, to shareholders of record as of the close of business on September 30, 2016.. Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change."/>
Hurco Companies, Inc. Announces Quarterly Cash Dividend
Spherix Incorporated an intellectual property development company committed to the fostering of technology and monetization of intellectual property, today issued a letter to shareholders. The past year has been a fruitful one for our Company as we have executed on several key initiatives designed around building a solid foundation from which we will create lasting value. On behalf of all of the hard working people at Spherix and the..."/>
Spherix Issues Letter to Shareholders
H2O Innovation Inc. is proud to announce that it has won the WateReuse Equipment/Manufacturer of the Year Award by the WateReuse Association, at the 31st Annual WateReuse Symposium, in Tampa, yesterday afternoon. The award was presented to the Corporation to highlight its work in the water reuse and desalination industry. This award recognizes the contribution made by the Corporation to the water reuse and desalination field and underlines its..."/>
H2O Innovation Wins the WateReuse Equipment/Manufacturer of the Year Award at the 31st Annual WateReuse Symposium
PORTER CABLE® Announces Brushless EDGE™
Student Transportation Inc., North America's largest independent provider of student transportation, announced that the Board of Directors has approved a regular monthly cash dividend of US $0.03667 per common share on the dates of November 15, December 15 of 2016 and January 16 of 2017 to shareholders of record at the close of the last business day on each of the months of October through December of 2016. The January payment will be the company's 144 th..."/>
Student Transportation Inc. Declares Cash Dividend
Rockwell Automation has acquired centralised thin client, remote desktop and server management software provider Automation Control Products, the company said. Terms of the deal were not disclosed. ACP's two core products, ThinManagerand Relevance, provide manufacturing and industrial leaders with visual display and software solutions to manage information and streamline workflows for a more..."/>
Rockwell Automation Acquires Software Firm Automation Control Products
FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has expanded its Houston Energy practice within the firm’ s Economic Consulting segment with the addition of Rick Porter as a Senior Managing Director. Porter will be based in Houston.. Porter, who joins FTI Consulting from Black& Veatch Management Consulting, has nearly 40 years of experience in..."/>
FTI Consulting Expands Its Houston Energy Practice with the Addition of Rick Porter
TASER International and the global leader in digital evidence management solutions with the leading body-worn camera, today announced the purchase of 1,050 Axon Body 2 cameras by the Cincinnati Police Department. CPD secured TASER's first seven-year subscription to the Axon cloud solution,, to help store, manage and share data from the body cameras and other digital evidence sources."/>
Cincinnati Police Department Secures 1,050 Axon Body 2 Cameras
Allison Transmission Holdings, Inc. today announced that its wholly owned subsidiary, Allison Transmission, Inc., commenced an offering of $500 million in aggregate principal amount of senior unsecured notes due 2024 in a private placement exempt from registration under the Securities Act of 1933, as amended, subject to market conditions. The Notes will be guaranteed by each of the Issuer's existing and future domestic subsidiaries..."/>
Allison Transmission announces $500 million senior notes offering
Sumitomo Corporation Group, announced today that they are new participants in the operation of West Deptford Energy Holdings, LLC, a natural gas-fired power plant in New Jersey. Perennial Power has acquired interests in West Deptford from an affiliate of LS Power Group, a power developer in the US, together with other new partners: Marubeni Corporation, Ullico, Arctic Slope Regional Corporation, and..."/>
Perennial Power Expands US Operation With Investment in West Deptford Natural Gas-fired Power Plant Operation
Plug Power Inc., a leader in providing energy solutions that change the way the world moves, announces that Mitsubishi Nichiyu Forklift is displaying one of the company’ s GenDrive fuel cell systems in its industrial trucks at Logis Tech Tokyo– the culmination of a year of product evaluation and engineering collaboration work by both companies.. Mitsubishi Nichiyu will show the Plug Power GenDrive Model 1600 fuel cell in its own class 1 electric forklift..."/>
Plug Power and Mitsubishi Nichiyu Show Fuel Cell Powered Forklift at Logis Tech Tokyo
exactEarth Ltd., the leading provider of Satellite AIS data services, announces its financial results for the three- and nine-month periods ended July 31, 2016. All financial figures are in Canadian dollars unless otherwise stated. Revenue of $4.0 million Order Bookings of $16.0 million Adjusted EBITDA* of million Net loss of million, or per share Cash balance was $15.1 million at July 31, 2016. Partnership with EV Image Inc. for distribution of..."/>
ExactEarth Reports Q3 2016 Financial Results
Cubic Innovation Centre in London leads project design and development for future fare gates. SAN DIEGO---- Cubic Transportation Systems, a business unit of Cubic Corporation, along with a diverse team of industry and academic partners, today announced a working collaboration to develop a prototype that integrates future ticketing technologies to support a doubled rate of passenger throughput at fare gates in train stations. According to travel projections, the number of..."/>
Cubic and Partners Innovate Gateless Technologies to Speed Passenger Management at Train Station Fare Gates
FLSmidth wins new operation and maintenance contract in Egypt

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