Industry News

Microsoft founder's fortune to $90 billion. Strong performances from Canadian National Railway Co. and Ecolab Inc. moved Gates $13.5 billion ahead of the second richest man in the world, Spanish retail magnate Amancia Ortega."/>
BRIEF: Bill Gates' net worth hits record high $90 billion, website reports [NOLA Media Group, New Orleans]
Ten Pao Group Holdings Limited, a leading one-stop manufacturer of switching power supply units in China, has announced its unaudited interim results for the six months ended 30 June 2016. The Group's revenue and net profit have both recorded significant increases in the first half of 2016. During the Period, driven by the substantial rise in orders for switching power supply units for consumer and industrial products, the Group's revenue increased by..."/>
Ten Pao Group Announces Satisfactory 2016 Interim Results
Lockheed Martin, a defense contractor with more than 7,000 employees in Orlando, has landed a deal with the U.S. Air Force that could end up being a $10 billion haul. The contract will cover production of Lockheed's C-130J transport plane the Super Hercules, which the military uses to transport vehicles and equipment."/>
Lockheed lands deal that could net $10 billion [Orlando Sentinel]
Optex Systems Holdings, Inc., a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, today announced that it has priced an underwritten public offering of units for gross proceeds of $4.75 million, before deducting the underwriting discount and commissions and estimated offering expenses payable by Optex, but excluding any proceeds from the exercise of any warrants."/>
Optex Systems Holdings Announces Pricing of $4.75 Million Public Offering
Journey Group Plc have reached agreement on the terms of a recommended cash offer to be made by Jaguar Holdings for the entire issued and to be issued share capital of Journey, the companies said. Jaguar Holdings was formed at the direction of Harwood Capital LLP, on behalf of the Harwood Funds, and has been specifically designated for use in making the offer."/>
Jaguar Holdings to Buy UK In-Flight Products and Services Group Journey in GBP 28.4m Deal
M and A Navigator: Deal pipeline –23 August
United to cut its Wichita-Chicago flights [The Wichita Eagle]
Delta Air Lines will operate a 110- seat Boeing 717 airliner between Cedar Rapids and Atlanta on daily flights beginning Oct. 4. The service will bring "mainline" service operated by a major airline back to The Eastern Iowa Airport. "It will be morning-originating flight and then come back in the evening for the aircraft to spend the night in Cedar Rapids," Airport Director Marty Lenss said."/>
Delta to upgrade service to Atlanta [The Gazette, Cedar Rapids, Iowa]
Mitsubishi Heavy Industries Air-Conditioning& Thermal Systems Corporation, a Group company of Mitsubishi Heavy Industries, Ltd., will commence the launch of eight models in its 2016 lineup of "roomiest" humidifiers for the Japanese home market. The lineup is to include five fan-powered steam type units and three hybrid evaporative warm-mist models. The former type are designed for easy operation and engineered for outstanding energy savings..."/>
MHI to Launch 2016 "roomiest" Humidifier Lineup
Rockwell Automation,“ The Connected Enterprise CEO Forum” was led by Rockwell Automation’ s new president and CEO, Blake Moret. This Smart News Release features multimedia."/>
China CEOs discuss smart manufacturing’s role in improving productivity, supporting China Manufacturing 2025
Nortek Air Solutions, the leader in custom heating, ventilation, and air conditioning equipment brands in North America, today announced that it is considering all its legal options, in response to the jury’ s verdict in its patent infringement lawsuit against Energy Labs, Inc., DMG Corporation and DMG North. On August 10th, the jury in the United States District Court for the Northern District of California failed to find infringement of seven claims in six..."/>
Nortek Air Solutions Continues to Protect Its Patented Fanwall Technology
RGS Energy Reports Second Quarter 2016 Results
Heartland Express, Inc. is pleased to announce it has been recognized with Logistics Management Magazine’ s Quest for Quality Award.. Heartland Express has received Logistics Management Magazine’ s 2016 Quest for Quality Award within the Dry Freight Carrier classification for the thirteenth time in fourteen years. To determine the best of the best, Logistics Management’ s readers vote on carriers’ service quality based on 5 criteria– On-Time..."/>
Heartland Express Inc. Earns Quest for Quality Award
Encore Wire Corporation announced today that the Company’ s Chief Financial Officer, Mr. Frank J. Bilban, will be presenting at the Midwest IDEAS Investor Conference in Chicago on Tuesday, August 30, 2016 at 11:20 a.m. Central Time, in addition to numerous one-on-one meetings scheduled at the conference that day. Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, said,“ We are pleased to be presenting at the Midwest IDEAS..."/>
Encore Wire Presenting at Midwest IDEAS Conference
Volaris Announces Relevant Event
Water worries making waves [Albuquerque Journal, N.M.]

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