Industry News

Chicago Tribune Robert Reed column [Chicago Tribune]
Elbit Systems Ltd. announced today that its US subsidiary Elbit Systems of America LLC has received a $7.3 million contract to supply the Bradley Fighting Vehicle Gunner's Hand Station to the US Army. The Defense Logistics Agency sole-source contract will be performed during a two-year period with work being completed in Fort Worth, Texas. The Gunner's Hand Station provides Bradley vehicle gunners the ability to acquire their..."/>
BRIEF: Elbit wins $7.3m US Army vehicle gunner's deal [Globes, Tel Aviv, Israel]
FedEx is hiring 650 people in Hagerstown as it prepares to add more than 50,000 seasonal positions throughout its network for the holiday season, according to a news release. The openings include package handlers, drivers and other support positions. FedEx is hiring seasonal workers now and will continue to add more as needed to help holiday packages arrive on time."/>
BRIEF: FedEx looks to stock up on temporary workers for holidays, will hire 650 in Hagerstown [The Frederick News-Post, Md.]
Vectrus Inc. said Wednesday it has formed a joint venture with Virginia-based PAE to bid on a $150 billion Army contract to provide a wide array of support and logistics services for deployed troops in contingency operations worldwide. The move comes less than a week after Vectrus lost its biggest military contract-- which generated nearly 20 percent of its annual revenue-- triggering a 44.8 percent plunge in its stock..."/>
Vectrus looks to joint bid on $150 billion contract after setback [The Gazette (Colorado Springs, Colo.)]
Apple iPhone 7' s hissing sounds, Google seems to have hit bullseye with the timely launch of its Google Pixel smartphones-- Pixel and Pixel XL. Analysts believe that Google's smartphones will be the safe choice for consumers who seek a return on investment as they want a premium smartphone with a good overall experience. "As far as competition is concerned we believe it gives..."/>
Google's Pixel to challenge Apple's iPhone, other premium Android handsets [Hindustan Times, New Delhi]
Apple way with the launch of the new devices along with Google Assistant. But this might have a ripple effect on partners such as HTC, Sony and Samsung. Experts believe that these companies will look again at alternatives to Google's Android."/>
Google's Apple-like stance may force partners to look at alternative OS [Hindustan Times, New Delhi]
PPG Industries plant near Mount Zion. A short time later, the company announced it was idling one of the two glass production lines at the facility."/>
Fuyao invests $200 million into remodeled facility [Herald & Review, Decatur, Ill.]
Caterpillar Inc., the Archer Daniels Midland Co. intermodal ramp and Fuyao Glass. In turn, opportunities could be opened up for..."/>
Tour starts opening foreign trade possibilities [Herald & Review, Decatur, Ill.]
IHS Markit, said the slowdown was reflective of a subdued expansion in new work-- the latest rise was the least marked in over six years. Job creation was also modest."/>
UAE non-oil private sector growth eases in September [Khaleej Times, Dubai, United Arab Emirates]
Advanced Disposal Services, Inc. announced today the pricing of its initial public offering of 19,250,000 shares of its common stock at a price to the public of $18.00 per share. All of the shares are being offered by the Company. The shares are expected to begin trading on October 6, 2016 on the New York Stock Exchange under the ticker symbol "ADSW.""/>
Advanced Disposal Prices Initial Public Offering Of Common Stock
ATRM Holdings, Inc.. Acquired businesses generated revenues of $14 million in 2015; expected to grow going forward Consideration includes $4.0 million in cash, $1.0 million in potential earn-out and 100,000 shares of ATRM common stock Fully-financed at closing Similar business to ATRM's KBS operations with potential synergies Adds geographic and product diversity. ATRM Holdings, Inc. announced today that it has acquired certain assets of EdgeBuilder..."/>
ATRM Acquires Certain Assets of Edgebuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc.
Rocky Mountain Dealerships Inc. announced today that it will release its 2016 third quarter financial results after markets close on Tuesday, November 8, 2016.. On Wednesday, November 9, 2016, Rocky will discuss its 2016 third quarter results via live conference call and audio webcast, beginning at 9:00 a.m. Mountain Time. Senior management of Rocky will provide remarks on the quarter, followed by a question and answer session with analysts and..."/>
Rocky Mountain Dealerships Inc. (TSX: RME, OTCQX: RCKXF) Announces Date for 2016 Third Quarter Results Conference Call and Webcast
Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and semiconductor industries, reminds investors that October 6, 2016 is the ex-dividend date for its 15% Class B stock distribution announced on September 26, 2016. As a result, on October 6, 2016, Astronics’ stock will be adjusted to 86.96% of today’ s closing price of $46.58 per share. All historical pricing will reflect the same..."/>
Astronics Corporation Stock Distribution Ex-dividend Date: Thursday, October 6, 2016
Heritage-Crystal Clean, Inc. plans to release its financial results for the third fiscal quarter of 2016, which ended September 10, 2016, after the market close on Wednesday, October 19, 2016.. The company will host a conference call on Thursday, October 20, 2016 at 9:30 AM Central Time, during which management will make a presentation focusing on the company's operations and financial results. Interested parties can listen to the audio webcast..."/>
Heritage-Crystal Clean, Inc. to Hold 2016 Third Quarter Conference Call
Graco Inc., a leading manufacturer of fluid handling equipment, is pleased to announce its new ProBell Rotary Applicator. This new rotary bell atomizer system offers high performance spraying with intuitive controls and a modular, scalable design."/>
Graco Introduces New ProBell™ Rotary Applicator
Northrop Grumman Aerospace Systems used modern 3- D printing processes to manufacture parts of affordable prosthetic hands. STEM students from Will Rogers Middle School will be at the company’ s Redondo Beach campus to assemble the parts into completed, functioning hands that will be donated to children in need. The students will experience the latest in manufacturing techniques while also supporting a worthy cause."/>
Northrop Grumman to Host Prosthetic Hands Assembly Project for Needy

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