Industry News

Honeywell UOP announced that Turkey's largest oil refiner is using Honeywell technology to boost diesel fuel production at its facility in Izmit, Turkey. Tüpra?, the country's largest industrial company, is using Honeywell UOP's Unicracking enhanced two-stage processing unit to produce 75,000 barrels per day of middle distillate products, including Jet A-1 aviation fuel and Euro V diesel fuel. The technology, which can increase..."/>
Turkish Refiner Tupras Using Honeywell UOP Unicracking™ Technology To Boost Diesel Production
Lockheed Martin recently supported a request from the U.S. Navy to rapidly outfit a Gyrocam ® first-generation Vehicle Optical Sensor System on USNS Grapple, a rescue and salvage ship supporting NATO security missions in the Aegean Sea. The VOSS I features commercial off-the-shelf components, high-resolution color and infrared sensors, night vision and laser rangefinder capabilities in a 15- inch turret."/>
Lockheed Martin Supports Rapid Installation of Long-Range Sensor on U.S. Navy Vessel for NATO Mission
Cemtrex Inc., a world leading industrial and manufacturing solutions company, announced today that on July 25, 2016, the Company mailed a letter to its shareholders updating them on recent developments, financial results, and new business opportunities. Key Achievements in 2016 to Date:."/>
Cemtrex Issues Shareholder Letter Outlining Recent and Expected Milestones
Honeywell announced today that NCFI Polyurethanes, a leader in sustainable polyurethane products, has begun using Honeywell's new low-global-warming material in foam used in applications ranging from office furniture to molded seat pads to shoe soles. NCFI is using Honeywell's Solstice ® Liquid Blowing Agent in its integral skin polyurethane foam systems, also known as I-Skin, to replace hydrofluorocarbon blowing agents..."/>
NCFI Adopts Honeywell's Low-Global-Warming Material For Integral Skin Polyurethane Foam Systems
BG Staffing, Inc., a rapidly growing national provider of temporary staffing services, today announced that the Board of Directors has declared a cash dividend of $0.25 per share of Common Stock. The dividend will be paid on August 15, 2016 to all shareholders of record as of the close of business on August 8, 2016.. L. Allen Baker, Jr., President and CEO said, "Return to our shareholders through dividends remains one of our important corporate goals."/>
BG Staffing, Inc. Declares $0.25 per Share Cash Dividend
Flowserve Corp., Colfax Corp., Manitowoc Foodservice Inc., and Roper Technologies Inc.. These stocks belong to the Industrial Goods sector, which includes companies engaged in the production of goods used in manufacturing and construction."/>
Diversified Machinery Stocks on Investors' Radar -- Flowserve, Colfax, Manitowoc Foodservice, and Roper Technologies
Novatel Wireless, Inc., a leading global provider of solutions for the Internet of Things, including software-as-a-service, and Dollar Thrifty Car Rental in South Africa, a Hertz Global Holdings Company, one of the largest car rental companies in the world, has selected the Novatel Wireless Ctrack fleet management solution. This partnership builds on an existing long-term relationship between the two companies and will..."/>
Dollar Thrifty Car Rental and Novatel Wireless Expand Relationship
Sino-Global Shipping America, Ltd., a company engaged in shipping, chartering, logistics and related services, today announced the signing of a Strategic Cooperation Agreement with COSCO Logistics Inc., in which both companies will mutually provide logistics services between China and the United States and develop shipping customers as an end-to-end global logistics service. COSCO Logistics is part of China COSCO Holdings Company Ltd.,..."/>
Sino-Global Signs Strategic Cooperation Agreement with COSCO Logistics
Accuride Corp., a supplier of components for commercial vehicles in North American and European markets, reported second quarter 2016 net sales of $164.1 million, a decrease of $21.3 million, or 11.5 percent, compared to the second quarter of 2015.. The company achieved positive net income of $2.5 million, or earnings of $0.05 per share, in the second quarter. That's down from $0.13 per share in the second quarter of 2015, when revenues were much higher due to near-record..."/>
Accuride Corp. reports second quarter results [Evansville Courier & Press, Ind.]
Golden Ocean Group Limited, announces a 5- to-1 reverse stock split of the Company's common shares and a change in par value. The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on Nasdaq, as of the opening of trading on Monday, August 1, 2016 under the existing trading symbol "GOGL." The new CUSIP number for the common stock following the reverse stock split will be G39637205."/>
GOGL - Nasdaq specific announcement related to the reverse stock split to be effective August 1, 2016
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today reported a net loss of $8.0 million for the second quarter of 2016, compared to a net income of $0.9 million for the respective period of 2015.. Time charter revenues, net of prepaid charter revenue amortization, were $8.0 million for the second quarter of 2016, compared to $17.3 million for the same period of 2015, mainly due to reduced..."/>
Diana Containerships Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2016
Huntington Ingalls Industries nearly $195 million to continue advance work toward the mid-life overhaul of the aircraft carrier USS George Washington. The overhaul will be performed at HII's Newport News Shipbuilding division. The George Washington is currently at Naval Station Norfolk."/>
Huntington Ingalls awarded $195M toward carrier overhaul [Daily Press (Newport News, Va.)]
Norfolk Southern Corporation today reported financial results for second-quarter 2016."/>
Norfolk Southern reports second-quarter 2016 results
Power Solutions International, Inc., a leader in the design, engineer and manufacture of emissions-certified, alternative-fuel power systems, today announced that its Chairman and Chief Executive Officer, Gary Winemaster and Chief Financial Officer, Michael Lewis will present at the Jefferies 12 th Annual Industrials Conference in New York, NY, on Thursday, August 11, 2016 at 10:00 a.m. ET. Attendance at the conference is by invitation only for..."/>
Power Solutions International to Present at the Jefferies 12th Annual Industrials Conference
Kennametal Inc., Stanley Black& Decker Inc., The Timken Co., and Goldfield Corp.."/>
Technical Roundup on Select Industrial Goods' Stocks -- Kennametal, Stanley Black & Decker, Timken, and Goldfield
MagneGas Corporation a leading technology company that counts among its inventions a patented process that converts renewable and liquid waste into MagneGas2 ® fuel, announced today that a global auto manufacturing company based in the mid-western United States has chosen to switch to MagneGas2 ® as its sole fuel of choice for metal working in one of its top award winning factories. The company chose MagneGas2 ® to be its exclusive..."/>
Fortune 100 Global Auto Company Converts Mid-west Factory to MagneGas2® as Exclusive Metal Working Fuel
Ryder System, Inc., a leader in commercial fleet..."/>
Ryder Reports Second Quarter 2016 Results
Fastenal Co., HD Supply Holdings Inc., WESCO International Inc., and Arrow Electronics Inc.."/>
Services' Stocks Technical Commentary -- Fastenal, HD Supply, WESCO Intl., and Arrow Electronics

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