Industry News

AGCO Corporation, a world-leading manufacturer and distributor of agricultural equipment, is proud to announce its participation as a founding member of the DKE Data-Hub initiative. This participation is one example of how AGCO’ s precision agriculture strategy, Fuse ®, continues to expand its open approach to precision farming through new partners and alliances to..."/>
AGCO is Founding Member of the DKE Data-Hub Initiative
Axion Power International, Inc. CEO, Richard Bogan, and vice president of engineering, Jack Shindle, were interviewed on National Public Radio, 90.5 WESA Pittsburgh, discussing the capabilities and usefulness of Axion's PbC ® technology. The interview and resulting article, New Castle Company Working to Make an Old Technology New Again, are available at The article outlines the potential of PbC..."/>
National Public Radio Interviews Axion CEO and the VP of Engineering about Capabilities; Benefits of PbC® Technology
Lindsay Corporation declared on Friday that its board of directors authorised a regular cash dividend of USD0.29 per share for the quarter. This dividend will be paid on 30 November 2016 to shareholders of record on 16 November 2016.. Lindsay together with its subsidiaries, provides water management and road infrastructure products and services in the US and internationally."/>
Lindsay declares dividend of USD0.29 per share for quarter
FedEx Corporation today announced that T. Michael Glenn, executive vice president, market development and corporate communications, will retire effective December 31, 2016. Glenn, 61, has led the company’ s marketing, sales, customer service and communications groups for over twenty years. Robert B. Carter, currently Chief Information Officer and Co-CEO of FedEx Services with Glenn, will become the CEO of FedEx Services effective January 1, 2017 and will oversee..."/>
T. Michael Glenn to Retire as FedEx Corp. Executive Vice President, Market Development and Corporate Communications
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
Caterpillar brings power to a Haitian hospital complex. PEORIA, Ill.- Caterpillar Inc. is giving a generator set, powered by one of its most powerful engines, to St. Luke's Foundation for Haiti to aid the local hospital's work by providing reliable electricity."/>
Caterpillar Gives the Gift of Power to St. Luke's Foundation for Haiti
Southwest Airlines Co. wants potential flyers to know it's yet again bucking a trend in the airline industry by bringing its Customers a world full of "Yes"! The carrier last night released its latest advertising campaign, working with agency partner GSD&M in Austin, Texas, showcasing why Southwest continues to be different from the competition: their Customers experiencing "Yes" when..."/>
In A World Full Of No, Southwest Airlines Sings "Yes" In Latest Ad Campaign
Ecology and Environment, Inc., Chairman Frank B. Silvestro has announced the following promotions and officer changes:. Nancy J. Aungst was promoted to Senior Vice President, Environmental Services Division. Aungst has been with E& E for 36 years and has extensive experience in directing major contracts and technically complex environmental impact assessments in the U.S. and around the world."/>
Ecology and Environment, Inc. Announces Senior Leadership Changes
Pitney Bowes Inc. today announced that its subsidiary Pitney Bowes International Holdings, Inc. intends to redeem all outstanding shares of its Voting Preferred Stock, Series F, par value $0.01 per share on November 1, 2016. Pursuant to the terms of the Certificate of Designation governing the Preferred Stock, the Preferred Stock is planned to be redeemed on the Redemption Date at a redemption price per share equal to $1,000.5104, representing a redemption..."/>
Pitney Bowes Inc. Announces Redemption of Pitney Bowes International Holdings, Inc. Voting Preferred Stock, Series F
Energous Corporation, to the board of directors. Energous is the developer of WattUp ®, a revolutionary wire-free charging technology that provides over-the-air power at a distance. "We see a great future for wireless charging based on RF technology, especially..."/>
AirFuel Alliance Names Energous to Board of Directors
Verisk Analytics business, and Guidewire Software, Inc., a provider of software products to property/casualty insurers, today announced that Verisk Insurance Solutions has joined Guidewire PartnerConnect™ as a Solution Partner. The companies also announced Verisk’ s participation..."/>
Guidewire Software Announces Addition of Verisk Insurance Solutions as New Solution Alliance Partner
Sterling Construction Company, Inc. today announced that its affiliate, Myers& Sons Construction, was selected as part of a joint venture with Steve P. Rados, Inc., by the City of Modesto, California for the design and construction of a major wastewater recycling system for the Del Puerto Water District. Sterling’ s portion of the $40 million project is approximately $20 million."/>
Sterling Construction Company, Inc. Selected as Part of JV with Steve P. Rados, Inc. on Wastewater Project in Modesto, California
UniFirst Corp. has completed its acquisition of US-based Arrow Uniform for approximately USD 122 m, the company said. The all-cash transaction is structured as an asset acquisition, with UniFirst acquiring substantially all of Arrow's assets and virtually none of its liabilities. UniFirst is a provider of workplace uniforms and facility service programs to businesses, large and small, within a wide..."/>
UniFirst Closes USD 122m Acquisition of Arrow Uniform
Ener-Core, Inc., a developer of innovative gas conversion technologies for global commercial and industrial facilities, and the Dresser-Rand business, part of Siemens Power and Gas Division, have achieved substantial integration of Ener-Core's 2 megawatt Power Oxidizer with the Dresser-Rand KG2 gas turbine. As a result, the Dresser-Rand business has released its previously agreed $1.1 million escrow payment to Ener-Core. The integrated product..."/>
Ener-Core Receives $1.1 Million From the Dresser-Rand Business
Grande West Transportation Group Inc.– September 26, 2016:, a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, is pleased to announce it has received new orders from BC Transit for seventeen Vicinity buses totalling $6 million CAD. The order is for fourteen 30 foot and three 35 foot Vicinity buses for 2017 delivery. This is in addition to BC Transit's initial order for forty-one 30 foot Vicinity buses valued at..."/>
Grande West Receives BC Transit Order for Vicinity 35 Foot Buses
VirTra Systems, Inc., a leading provider of use of force simulators and firearms training simulators, today announced that it has received two indefinite delivery/indefinite quantity contracts from U.S. Customs and Border Protection, an agency within the U.S. Under the first $3.2 million IDIQ award VirTra will be the sole provider of ongoing service and maintenance on law enforcement training simulators installed by the company under a previous..."/>
VirTra Receives $12.2 Million in Follow-On IDIQ Awards from U.S. Customs and Border Protection
Sparton Navigation and Exploration, a business unit of Sparton Corporation, announced the release of the revolutionary AHRS-M2. The AHRS-M2 is a next generation Attitude Heading Reference System that delivers industry leading heading accuracy. The AHRS-M2 is a fully temperature compensated, micro-sized, light weight, low power AHRS product with a revolutionary built-in adaptive-calibration mode."/>
Sparton Navigation and Exploration Launches Next Generation AHRS with the AHRS-M2
Alaska Air Group, Inc., parent company of Alaska Airlines, and Virgin America Inc. today announced that each carrier has agreed with the Antitrust Division of the United States Department of Justice to extend the date of their timing agreement, stating the parties will not consummate the acquisition prior to Oct. 17, unless the DOJ provides written concurrence to close within a shorter period. The parties previously agreed to..."/>
Alaska Air Group and Virgin America Agree to Extend Regulatory Review of Proposed Merger
Torrey Foster Joins Korn Ferry as Vice Chairman
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®

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