Industry News

Bangkok Air in Danang shift [Bangkok Post, Thailand]
MRC Global reported on Monday the launch of an exclusive Enterprise Distributor Programme agreement for the US and Canada. The EDP agreement was executed between the company's US subsidiary, MRC Global Inc and Schlumbergers. Prior to the merging agreement between Schlumberger and Cameron International, the latter agreed to a global EDP with MRC Global for its engineered and distributed valve product lines."/>
MRC Global signs exclusive measurement and instrumentation EDP agreement with Schlumberger
Terex Corporation announced that it has completed the sale of its German compact construction business to Yanmar Holdings Co., Ltd. for $60 million in cash. The German compact construction business manufactures and sells midi/mini excavators, wheeled excavators and compact wheel loaders. Included in the transaction is the manufacturing facility located in Crailsheim, Germany and the parts distribution center located in Rothenburg, Germany."/>
Terex Announces the Completion of the Sale of its German Compact Construction Equipment Business to Yanmar Holdings Co., Ltd.
SpiceJet on Tuesday said it would be offering cheaper fares on some short sectors starting Rs.888 as part of its festival season sale. The sale would include sectors like Bengaluru-Kochi, Delhi-Dehradun, Chennai-Bengaluru while fares on some international routes like Chennai-Colombo will be around Rs.3, 699.. The four-day sale launched on Tuesday will be open till midnight 7 October, and the travel period covered under this sale is 8 November..."/>
BRIEF: SpiceJet offers low fares on some routes [Mint, New Delhi]
Fluor’ s expertise in managing large engineering, procurement and construction projects Partnership to capture new growth opportunities for both companies. ZURICH---- ABB and Fluor have formed a global strategic partnership for the execution of large turnkey engineering, procurement and construction projects for electrical substations. By combining ABB’ s world-leading technology and its..."/>
ABB and Fluor Partner to Deliver Power Substation Projects Globally
Mitsubishi Heavy Industries, Ltd. recently appointed Kiyoshi Okazoe as the new President of Mitsubishi Heavy Industries America, Inc., a wholly owned subsidiary of MHI, effective October 1, 2016. A veteran of the MHI North America operations, Okazoe succeeded Kenji Ando, who assumed the position of President and CEO, Energy& Environment, based in Tokyo. "We are aggressively pursuing global growth, and the U.S. is a particularly important region for us," said MHI..."/>
Kiyoshi Okazoe Appointed New President of Mitsubishi Heavy Industries America, Inc.
Carlisle Companies Inc. has acquired US-based design and engineering services firm Star Aviation, Inc., the company said. Star will operate as part of Carlisle Interconnect Technologies, a global provider of specialty wire and cable, and interconnect components for commercial and military aircraft, avionics systems, in-flight entertainment, communications systems and medical devices."/>
Carlisle Companies Acquires Design, Engineering Firm Star Aviation
Macquarie Infrastructure Corporation announced that it has engaged Wells Fargo Securities LLC, JPMorgan Chase Bank N.A., Regions Capital Markets and BBVA Compass as joint lead arrangers for $750 million of senior secured credit facilities, for the refinancing of the term loan and revolving credit facility of its Atlantic Aviation subsidiary. MIC currently expects the closing of the senior secured credit facilities and the refinancing to occur prior to the middle..."/>
Macquarie Infrastructure Corporation Announces Planned Refinancing of Atlantic Aviation Credit Facilities
Boeing Co., Honda and Walgreens. Well-known local companies including Reynolds and Reynolds, LexisNexis and Speedway also plan to send representatives to the career fair intended to give students from varying fields of study and the general public an opportunity to..."/>
BRIEF: Cedarville University to host career fair [Dayton Daily News, Ohio]
Triumph Group on Monday cut the ribbon on its 156,000- square-foot manufacturing building in Edgerton, in the Kansas City area. The afternoon ribbon cutting of the new facility in the Logistics Park Kansas City was attended by Gov. Sam Brownback and Edgerton Mayor Donald Roberts."/>
BRIEF: Triumph celebrates new Kansas plant [The Wichita Eagle]

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