Industry News

Nordson Corporation has received the SMTA Corporate Partnership award in recognition of its ongoing support of the Surface Mount Technology Association. Several businesses within Nordson’ s Advanced Technology— Electronics Systems group are active Corporate members, including Nordson ASYMTEK, Nordson DAGE, and Nordson YESTECH."/>
Nordson Honored with SMTA Corporate Partnership Award
Actuant Corporation today announced results for its fourth quarter and fiscal year ended August 31, 2016.. Fourth quarter total sales declined 8% year-over-year with unfavorable foreign currency exchange rate changes negatively impacting sales by 1%, and the net benefit of acquisitions and divestitures adding 4%. Core sales were 11% lower year-over-year. GAAP diluted earnings per share were $0.29 in the fourth quarter of fiscal 2016 versus $0.37 in the prior..."/>
Actuant Reports Fourth Quarter and Full Year Fiscal 2016 Results; Provides 2017 Guidance
Bombardier Global 6000 jet has joined the fleet of fast-growing, Singapore-based charter operator, Zetta Jet. The delivery ceremony took place at Bombardier Business Aircraft's Global Completion Centre in Montreal."/>
Zetta Jet Grows its Fleet with Addition of Bombardier Global 6000 Jet Featuring Industry Leading Passenger Amenities
Staffing 360 Solutions, Inc., a public company executing a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK, today pre-announced its unaudited financial results for the fiscal first quarter ended August 31, 2016, including record revenue and Adjusted EBITDA levels. Subject to the completion of the review of Staffing 360 Solutions' full financial statements and filing with the SEC, the results for..."/>
Staffing 360 Solutions Announces Record Quarterly Adjusted EBITDA of $1.7 Million
IDEX Corporation announced on Tuesday the approval by its board of directors of a regular quarterly cash dividend of USD0.34 per common share. This dividend will be paid on 31 October 2016 to shareholders of record as of 17 October 2016.. According to IDEX, this dividend represents the company's 88th consecutive regular quarterly cash dividend payment."/>
IDEX's board approves USD0.34 per share regular quarterly cash dividend
Primoris Services Corporation today announced a new power plant award valued in excess of $60 million. The contract was signed by Primoris Energy Services' power division, part of the Energy segment. Work is scheduled to commence in the fourth quarter of 2016, and planned completion is in the first quarter of 2018.."/>
Primoris Services Corporation Announces Power Award Valued Over $60 Million
Acacia Research Corporation announced on Tuesday that its subsidiary has partnered with a major Japanese semiconductor manufacturer. Under this partnership, the patents relate to DRAM and Flash Memory circuits and manufacturing processes. Acacia Research Corporation, a patent licensing company, acts as an intermediary in the patent marketplace."/>
Acacia’s subsidiary partners with major Japanese semiconductor manufacturer for patent licensing
Avcorp Industries Inc. announced today that it has closed a $5 Million USD unsecured loan facility. The loan facility bears interest at a rate of 8% per annum and matures on April 7, 2017. In connection with the loan facility, the lender was issued share purchase warrants totalling 30,714,118 warrants to purchase common shares exercisable at a price of $0.07 per common share for a period of 24 months from issuance."/>
Avcorp obtains additional working capital funding
Avcorp Industries Inc. announced today that it has closed a $5 Million USD unsecured loan facility. The loan facility bears interest at a rate of 8% per annum and matures on April 7, 2017. In connection with the loan facility, the lender was issued share purchase warrants totalling 30,714,118 warrants to purchase common shares exercisable at a price of $0.07 per common share for a period of 24 months from issuance. The lender is a non-arm's length party..."/>
Avcorp obtains additional working capital funding
TransForce Inc., a North American leader in the transportation and logistics industry, today announced that the Toronto Stock Exchange has approved the renewal of TransForce's normal course issuer bid. Under the NCIB, as renewed, TransForce may purchase for cancellation a maximum of 6,000,000 common shares, representing 7.7% of the 77,926,183 shares forming TransForce's public float. The shares may be purchased through the facilities of the TSX..."/>
TransForce Announces Renewal of Normal Course Issuer Bid
Jacobs Engineering Group Inc. announced today it was awarded a contract from Vastly to lead permit acquisition and provide design services for its new $2 billion manufacturing plant in Chesterfield, Virginia. The plant represents Vastly’ s first investment in North America and the single largest Chinese greenfield economic development project in the United States. Under the terms of the agreement, Jacobs is responsible for supporting permit..."/>
Jacobs Wins Contract for Vastly Manufacturing Plant in Virginia
Cogint, Inc., a data and analytics company, today announced a major enhancement to its investigative solution for the risk management industry, idiCORE™, adding motor vehicle records into its next-generation product. Derek Dubner, CEO of cogint, commented,“ We have communicated our goal of continuously evolving our primary investigative solution, idiCORE, to provide greater utility to current and future customers. The integration of this massive database of..."/>
Cogint Integrates Motor Vehicle Records into idiCORE
Comerica Incorporated Board of Directors. Van de Ven is executive vice president and chief operating officer of Dallas-based Southwest Airlines Company, the nation's largest airline based on domestic passengers boarded. Van de Ven will serve as a member of the board's Enterprise Risk Committee."/>
Michael G. Van de Ven Appointed to the Comerica Incorporated Board of Directors
BluMetric Environmental Inc. is pleased to announce that it has been awarded a $1.5 million contract by a Northern Ontario client, to start immediately, and run until approximately July, 2017.. BluMetric is becoming more active in all stages of the analysis, planning, construction, and execution of solutions for clients. In addition, BluMetric's deep experience has enabled it to develop a unique and innovative application of barrier-wall technology to..."/>
BluMetric Awarded $1.5 Million Mining-Sector Contract
Air Canada today announced the addition of two new seasonal destinations to its international network from Montreal. The new services, Montreal-Algiers and Montreal-Marseille will launch in June 2017, with the Montreal-Algiers route subject to government approvals."/>
Air Canada Adds Non-Stop Montreal-Algiers and Montreal-Marseille Flights Starting in Summer 2017
Air Canada's third route to India. MONTREAL, Sept. 28, 2016/ CNW Telbec/- Air Canada today announced it is launching a new, three-times weekly service between Toronto and Mumbai, the largest city and financial capital of India. The non-stop, year-round service will be operated starting July 1, 2017 using a Boeing 787-9 Dreamliner."/>
Air Canada Announces Toronto-Mumbai 787 Dreamliner Service

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