Industry News

Jason Industries, Inc. today announced that it will participate in the Deutsche Bank 2016 Leveraged Finance Conference at The Phoenician in Phoenix, Arizona on September 28, 2016. Sarah Lauber, Senior Vice President and Chief Financial Officer, John Hengel, Vice President of Finance and Treasurer, and Chad Paris, Vice President, Investor Relations are scheduled to present at 8:00AM Mountain Time, and will participate in small group meetings during the..."/>
Jason Industries to Participate in Deutsche Bank Leveraged Finance Conference
MagneGas Corporation a leading technology company that counts among its inventions a patented process that converts liquid and renewable liquid into MagneGas2 ® fuel, announced today that it has taken receipt of the final shipment of the previously announced purchase order for 2,000 fuel cylinders. This purchase was the result of a growing demand for MagneGas2 ® which has created a customer backlog."/>
MagneGas Completes Purchase of 2,000 Additional Fuel Cylinders to Accommodate Accelerating Demand for MagneGas2®
Hurco Companies, Inc., showcased manufacturing technologies that solve the problems manufacturers confront each day at the International Manufacturing Technology Show in Chicago that took place from Sept. 12-17. IMTS was the first trade show that featured all three Hurco Companies, Inc., brands at one venue. In addition to the well-established Hurco brand of CNC machines, the brands of CNC machines that Hurco Companies purchased in 2015, Takumi..."/>
Hurco Technology Empowers Manufacturers at the International Manufacturing Technology Show
Federal-Mogul Holdings Corporation not already owned by IEH. Tendering stockholders will be paid $9.25 per share in cash. IEH currently owns approximately 82% of the outstanding Shares."/>
Icahn Enterprises L.P. Announces Commencement Of Tender Offer For All Outstanding Shares Of Common Stock Of Federal-Mogul Holdings Corporation At $9.25 Per Share In Cash
Air Canada Announces Pricing of C $1.25 Billion Refinancing, issued 26- Sep-2016 by Air Canada over CNW, we are advised by the company that the 4th, 5th, 11th& 13th paragraph, should read "cost of debt" rather than "cost of capital" as originally issued inadvertently. The complete, corrected release follows:. Air Canada Announces Pricing of C $1.25 Billion Refinancing
/C O R R E C T I O N from Source -- Air Canada/
Air Canada Announces Pricing of C $1.25 Billion Refinancing, issued 26- Sep-2016 by Air Canada over CNW, we are advised by the company that the 4th, 5th, 11th& 13th paragraph, should read "cost of debt" rather than "cost of capital" as originally issued inadvertently. The complete, corrected release follows:. Air Canada Announces Pricing of C $1.25 Billion Refinancing
/C O R R E C T I O N from Source -- Air Canada/
USG Corporation declared on Friday that Jennifer F. Scanlon succeeds James S. Metcalf to the roles of president and chief executive officer as of 31 October 2016. Metcalfe will retire as chairman of the board, president and CEO on the same date. Scanlon has been appointed a director with immediate effect."/>
USG names Jennifer F. Scanlon as president and CEO succeeding James S. Metcalfe
Willdan Group Inc revealed on Friday that as part of the New Jersey's Clean Energy Program it has won a Direct Install Program contract. Also, the two year contract term has optional extensions and the company expects that the contract to contribute about USD5m annually in revenue, over its duration. It was chosen as the preferred Direct Install contractor to implement the services such as marketing, customer enrolment/application, on-site energy assessment and the..."/>
Willdan wins Direct Install Services contract as part of NJCEP
TASER International and the global leader in digital evidence management solutions with the leading body-worn camera, today announced the purchase of 250 Axon Body 2 cameras and 393 TASER ® X26P™ Smart Weapons by the El Paso County Sheriff's Office. EPSO secured a five-year subscription to on the Axon Officer Safety Plan. The order was received in the third quarter of 2016 and is anticipated ship in..."/>
El Paso County Sheriff's Office Deploys Axon Body 2 Cameras and TASER X26P Smart Weapons
Oshkosh Corporation stated on Friday that at its Analyst Day held on 23 September 2016, it raised its fiscal 2016 financial estimates and expects to deliver revenue growth in fiscal 2017, year-over-year. The updated estimates for fiscal 2016 are revenues of USD6.1bn, compared to the earlier USD6.2bn, The company believes it will deliver stronger expected performance in the fiscal fourth quarter of 2016, as a result of expected higher deliveries of M-ATVs in its defence..."/>
Oshkosh's analyst day raises estimates for fiscal 2016 and delivers positive outlook for fiscal 2017
Casella Waste Systems, Inc., a regional solid waste, recycling and resource management services company, today announced that it has invited certain prospective lenders to a meeting scheduled for September 27, 2016 for purposes of considering a potential debt refinancing, pursuant to which the Company intends to enter into a new term loan B facility in an amount of approximately $350,000,000 and a revolving line of credit facility in an amount of..."/>
Casella Waste Systems, Inc. Announces Plans for Potential Debt Refinancing
Astrotech Corporation, reported its financial results for the fourth quarter and fiscal year ended June 30, 2016.. "In fiscal 2016, Astrotech's revenue increased over four times to $2.7 million compared to fiscal 2015, and we continued to lay the foundation for future growth," said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation."/>
Astrotech Reports Fiscal Year 2016 Financial Results
Terex Corporation, announced today that it has modified the terms of its previously announced solicitation of consents from holders of its 6.00% Senior Notes due 2021 and 6.50% Senior Notes due 2020 to obtain certain waivers from the asset sale covenants in the indentures governing the Notes, as set forth in a Supplement to the Notice of Consent Solicitation, dated September 26, 2016, and as discussed below. The Consent Solicitation is being made in accordance..."/>
Terex Corporation Announces Amendment to Consent Solicitation
Ceres Global Ag Corp. today announced that it expects to handle between 100 and 110 million bushels of total grains during the FY2017 fiscal year, approximately double the 55.8 million bushels of total grains that company handled in FY2016. The expected growth is largely due to the successful buildout of its grain handling and shipping facility at Company's Northgate Commodities Logistics Hub located in Saskatchewan and the increased utilization..."/>
Ceres Global Ag Provides Corporate Update
Mikros Systems Corporation, a provider of advanced maintenance monitoring solutions, announced today that it has received a $3 million task and delivery order from the U.S. Navy for production, logistics support and future development of its ADEPT ® Distance Support Sensor Suite Condition Based Maintenance system for the Navy's Littoral Combat Ship. The award is the first task and delivery order under the $48 million U.S."/>
Mikros Systems Awarded $3 Million Task Order to Support the U.S. Navy Littoral Combat Ship (LCS) Program
Masco Corporation approved a quarterly dividend of USD0.10 per share on the company's common stock, it revealed on Friday. All shareholders of record on 14 October 2016 will be paid on 14 November 2016.. Masco is a designer, manufacturer and distributor of branded home improvement and building products."/>
Masco announces dividend of USD0.10 per share for quarter
Advanced Disposal Services, Inc. announced today the launch of its initial public offering of 19,250,000 shares of its common stock. All of the shares are being offered by the Company. The Company's common stock has been approved for listing on The New York Stock Exchange under the ticker symbol "ADSW.""/>
Advanced Disposal Commences Initial Public Offering Of Common Stock
Tutor Perini Corporation, a leading civil and building construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a design-build contract by the University of California, San Francisco, for the construction of a new Precision Cancer Medicine Building at UCSF Mission Bay. The contract value is undisclosed. The project scope of work includes construction of a new six-story, 170,000- square-foot adult outpatient..."/>
Rudolph & Sletten Awarded Design-Build Contract for New Precision Cancer Medicine Building at UCSF Mission Bay
Vectrus Systems Corporation, a wholly-owned subsidiary of Vectrus, Inc., has been awarded one of five positions on the U.S. Navy's Global Contingency Services Multiple Award Contract II. The indefinite-delivery/indefinite-quantity contract was awarded by the Naval Facilities Engineering Command, Pacific in Hawaii, and has an expected completion date of September 2024.."/>
Vectrus awarded prime seat on Navy's Global Contingency Services Multiple Award Contract
Caterpillar Inc., Kim Hauer, vice president with responsibility for the Human Services Division and Chief Human Resources Officer, has elected to leave the company. Hauer has accepted a position as Senior Vice President Global Human Resources with privately held SC Johnson, a 130- year-old company that generates $10 billion in sales annually, employs 13,000 people globally and sells products in virtually every country around the world."/>
Caterpillar Vice President Kim Hauer to Pursue Outside Opportunity
Air Lease Corporation announced long term lease agreements for six new Airbus A321neo aircraft with Air Arabia. The aircraft are from ALC’ s order book with Airbus, delivering between January and October 2019.. “We are delighted to have signed these six new A321neo aircraft leases with our good friends at Air Arabia."/>
Air Lease Corporation Announces Placements of Six New Airbus A321neo Aircraft with Air Arabia
Lockheed Martin to celebrate the roll out of the first Japan Air Self Defense Force F-35A Lightning II, marking a major milestone in Japan's enhanced national defense and strengthening the future of the U.S-Japan security alliance. The ceremony was attended by more than 400 guests from both governments, militaries and defense industries. Kenji Wakamiya, Japan's State Minister of Defense spoke at the event,..."/>
Lockheed Martin and Japan Celebrate Roll Out of Japan Air Self Defense Force's First F-35A

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