Industry News

DIRTT Environmental Solutions Ltd., a leading technology-enabled designer, manufacturer and installer of fully customized, prefabricated interiors, today announced its financial results for the three and six-month periods ended June 30, 2016. This news release contains references to Canadian dollars and United States dollars. Canadian dollars are referred to as "$" and United States dollars are referred to as "US$". For the three months ended June 30,..."/>
DIRTT Announces Strong Second Quarter Results
Mueller Water Products, Inc. announced today that for its third quarter ended June 30, 2016, net sales increased 3.0 percent to $310.1 million from $301.0 million in the prior year period."/>
Mueller Water Products Reports 2016 Third Quarter Results
Kadant Inc. reported its financial results for the second quarter ended July 2, 2016.. Second Quarter 2016 Financial Highlights. GAAP diluted earnings per share declined 1% to $0.75 in the second quarter of 2016 compared to $0.76 in the second quarter of 2015."/>
Kadant Reports 2016 Second Quarter Results
Canadian Pacific Railway Limited and Pershing Square Capital Management L.P. today announced the commencement of a public offering of 9,840,890 of Canadian Pacific's common shares by certain funds managed by Pershing Square. Canadian Pacific is not selling any common shares in the offering and will not receive any of the proceeds from the offering of common shares by the funds managed by Pershing Square. Upon the closing of today's sale of 9,840,890..."/>
Canadian Pacific Railway Limited announces sale of its common shares by Pershing Square
Canadian Pacific Railway Limited and Pershing Square Capital Management L.P. today announced the commencement of a public offering of 9,840,890 of Canadian Pacific's common shares by certain funds managed by Pershing Square. Canadian Pacific is not selling any common shares in the offering and will not receive any of the proceeds from the offering of common shares by the funds managed by Pershing Square. Upon the closing of today's sale of..."/>
Canadian Pacific Railway Limited announces sale of its common shares by Pershing Square
Hardinge Inc., a leading international provider of advanced metal-cutting solutions and accessories, announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.02 per common share. The dividend is payable September 9, 2016 to stockholders of record at the close of business on August 31, 2016.. Hardinge is a leading global designer and manufacturer of high precision, computer-controlled machine tool solutions..."/>
Hardinge Inc. Declares Quarterly Cash Dividend
Servotronics, Inc., a designer and manufacturer of motion control components, is hiring for a variety of production and quality assurance positions at its main facility in Elma, NY. The Company is seeking fulltime permanent employees for both entry level and associate level jobs. "Servotronics offers a rewarding work environment," said President Kenneth D. Trbovich."/>
Servotronics, Inc. Is Hiring At Its Western New York Headquarters
Sun Hydraulics Corporation today reported financial results for the second quarter of 2016 as follows:. July 2, 2016 June 27, 2015 Decrease----------------------------------- Three Months Ended Net sales$ 50.8$ 54.0% Net income$ 7.0$ 9.2% Net income per share: Basic$ 0.26$ 0.35% Diluted$ 0.26$ 0.35% Six Months Ended Net sales$ 101.8$ 108.4% Net income$ 15.2$ 19.6% Net income per share: Basic$ 0.57$ 0.74% Diluted$ 0.57$ 0.74%. "Sales for the second quarter of 2016 were slightly above expectations," reported Wolfgang..."/>
Sun Hydraulics Reports 2016 Second Quarter Results, Tambien Hablamos Espanol
Middleby Corporation, a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing today announced the company entered into a new five-year $2.5 billion multi-currency senior revolving credit agreement, with the potential under certain circumstances to increase to $3.0 billion. This facility replaces the company’ s pre-existing $1.25 billion senior revolving credit facility, which had an..."/>
The Middleby Corporation Announces New Credit Facility
Advanced Disposal Services, Inc., d/b/a Advanced Disposal, announced today that Canada Pension Plan Investment Board has completed a $280 million investment in Series B Preferred Units of Star Atlantic Waste Holdings II, LP, which is an investment partnership sponsored by Highstar Capital and the principal owner of Advanced Disposal Services, Inc.. Proceeds were used to redeem an investor's Series A partnership investment, and all..."/>
Advanced Disposal Announces Investment By Canada Pension Plan Investment Board And Michael Koen Joining The Board Of Directors
Energy Recovery Inc., the leader in pressure energy technology for industrial fluid flows, today announced its financial results for the second quarter ended on June 30, 2016, as well as year-to-date results for the first half of 2016.. Joel Gay, President and Chief Executive Officer, said,“ The second quarter is further evidence that 2016 is the year of delivery. Having only generated greater revenues once in a second quarter in the Company’ s post-IPO..."/>
Energy Recovery Reports Second Quarter and First-Half 2016 Results
Hillenbrand, Inc. reported results today for the third quarter of fiscal 2016 that ended June 30, 2016.. Revenue of $371 million was 7% lower than the prior year, as end markets in the Process Equipment Group segment remain challenged and the rate at which families choose cremation continues to increase, challenging the Batesville segment. Compared to the third quarter of last year, net income decreased 4% to $31 million, or $0.48 per share,..."/>
Hillenbrand Reports Third Quarter 2016 Earnings and Continued Profitability Improvements
Alaska Air Group has declared a regular quarterly cash dividend of 27.5 cents per share. The dividend will be paid on Sept. 1, 2016 to all shareholders of record as of Aug. 18, 2016. Dividends are financed from operating cash flow and cash on hand."/>
Alaska Air Group Declares Quarterly Dividend
Miller Industries, Inc. today announced financial results for the second quarter ended June 30, 2016.. For the second quarter of 2016, net sales were $156.1 million, an increase of 3.0%, compared to $151.5 million for the second quarter of 2015. Net income in the second quarter of 2016 was $6.6 million, or $0.58 per diluted share, compared to net income of $5.9 million, or $0.52 per diluted share, in the prior year period."/>
Miller Industries Reports 2016 Second Quarter Results
Eagle Bulk Shipping Inc. will report its financial results for the second quarter ended June 30, 2016, after the close of stock market trading on Monday, August 8th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:30 a.m. ET on Tuesday, August 9 th to discuss the results. To participate in the teleconference, investors and analysts are invited to call 844-282-4411 in the U.S., or 512-900-2336 outside..."/>
Eagle Bulk Shipping Inc. to Issue Second Quarter 2016 Results and Hold Investor Conference Call
AMERCO, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2016, of $147.2 million, or $7.51 per share, compared with net earnings of $171.3 million, or $8.74 per share, for the same period last year. "Our moving and storage business remains strong. People are still moving, "stated..."/>
AMERCO Reports First Quarter Fiscal 2017 Financial Results
SP Plus Corporation, a leading national provider of parking, ground transportation and related products and services to commercial, institutional and municipal clients throughout North America, today announced its results for the second quarter of 2016.. G Marc Baumann, President and Chief Executive Officer, stated,“ We are very pleased with our solid bottom-line performance in the second quarter, where disciplined G&A management and reduced interest..."/>
SP Plus Corporation Announces Second Quarter and Year-to-Date 2016 Results
General Cable Corporation reported today results for the second quarter ended July 1, 2016. For the quarter, reported diluted earnings per share from continuing operations was $0.68 and reported operating income from continuing operations was $58 million. The Company generated adjusted earnings per share from continuing operations for the quarter of $0.30 and adjusted operating income from continuing operations of $49 million."/>
General Cable Reports Second Quarter 2016 Results
EMCOR Group, Inc., a Fortune 500 ® leader in mechanical and electrical construction, industrial energy infrastructure, and facilities services for a diverse range of businesses, today announced that it had entered into a $1.3 billion credit agreement with a syndicate of banks led by Bank of Montreal, as Agent, and BMO Capital Markets Corp., Bank of America Merrill Lynch, J.P. Morgan Chase Bank, N.A., U.S. Bank National Association, and Citizen’ s Bank, N.A. as joint lead..."/>
EMCOR Group, Inc. Announces New Expanded Credit Agreement
NCI Building Systems, Inc. will open three of its manufacturing facilities to the public on October 7, 2016 between the hours of 9:30 a.m. and 2:00 p.m. As part of an ongoing effort to promote the strength of U.S. manufacturing and increase awareness of the outstanding career opportunities in the field, NCI will host a series of open house events at its manufacturing locations in Houston, TX;..."/>
NCI To Host Manufacturing Day Event At Locations In Ohio, Nevada And Texas
Cenveo, Inc. today announced results for the three and six months ended July 2, 2016. The reported results for all periods presented exclude the operating results of our packaging operating segment as well as our one top-sheet lithographic print operation, as it has been classified in our condensed consolidated financial statements as discontinued operations. As previously disclosed, on June 10, 2016, we executed a series of financing..."/>
Cenveo Announces Second Quarter 2016 Results

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