Industry News

L&T targets revenue of Rs2 trillion by 2021 [Mint, New Delhi]
Bodycote announced Friday that will move its thermal processing plant, which does work for area aerospace companies, to an existing building at 4008 Clay Avenue. A ceremony was held featuring Haltom City Mayor David Averitt and council members."/>
Displaced by arena project, company will move out of Fort Worth [Fort Worth Star-Telegram]
Vectrus Inc. has been awarded a $21 million task order under a $5 billion, six-year Air Force contract the Colorado Springs-based defense contractor and seven other companies received last year. The contract begins Sept. 20 and includes a base year plus options for 2 1/ 2 additional years to provide a maintenance, custodial, recreation services and hospital aseptic services at Al Udeid Air Base in Qatar. No local hiring is expected as a result of the contract, though the..."/>
BRIEF: Vectrus wins $21M order [The Gazette (Colorado Springs, Colo.)]
Global Digital Solutions Inc.. Investors who purchased or otherwise acquired shares between October 8, 2013 and August 12, 2016 inclusive, are encouraged to contact the Firm prior to the October 24, 2016 lead plaintiff motion deadline.. If you purchased shares of Global Digital during the Class Period, please contact Joon M. Khang, Esquire, of Khang& Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA..."/>
IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Global Digital Solutions Inc. and Encourages Investors with Losses to Contact the Firm
Matson Inc., Hawaii's largest ocean cargo transportation company, will have not just two new ships, but four serving the state in the next few years. The company announced Thursday that it has placed a $511 million order for two ships it expects to receive in 2019 and 2020 for its Hawaii service. The deal follows a $418 million order made in 2013 for two ships that started getting built last year and are due to begin service in 2018 and 2019.."/>
Matson orders 2 more ships [The Honolulu Star-Advertiser]
Toromont Industries Ltd. announced today that it has filed with the Toronto Stock Exchange a notice of intention to make a normal course issuer bid for certain of its common shares through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems. Under this notice, Toromont is entitled to purchase up to 6,660,117 common shares representing 10% of its common shares in the public float during the 12- month period..."/>
Toromont Industries Ltd. - Normal Course Issuer Bid
Speedy Hire has sold its large mechanical plant fleet to UK-based plant hire equipment services provider Ardent Hire Solutions for a total consideration of USD 19.02 m, payable in cash, the company said. Completion will occur on 9 September 2016 for assets held in England and Wales and 30 November 2016 for assets held in Scotland. The large mechanical plant fleet assets include excavators, dumpers and ride..."/>
UK Equipment Rental Firm Speedy Hire to Sell Mechanical Plant Fleet for USD 19.02m
FedEx Ground site off I-75 in Miami Twp., the company has yet to decide how many jobs the facility will create. Records indicate as many as 200 employees will work there, but the company "has yet to determine" staffing for the site being built on 32 acres on Byers Road near the Interstate 75/ I-675 interchange, said FedEx spokesman David Westrick. The 249,506 square feet FedEx Ground South Dayton facility is among 70 similar sites the..."/>
BRIEF: Number of FedEx jobs at $18.5M Miami Twp. site still undecided [Dayton Daily News, Ohio]
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, announced today it has signed a contract with Matson Navigation Company, Inc., a wholly owned subsidiary of Matson, Inc., for the design and construction of two Kanaloa Class liquefied natural gas- capable containerships with roll-on, roll-off capability. The 870- foot-long, 3,500 TEU containership design provides the capability to transport containers, automobiles and..."/>
General Dynamics NASSCO to Build Two Container Ships for Matson
IBI Group Inc. announced today that as result of investor demand it has upsized its previously announced offering of convertible unsecured subordinated debentures from $35,000,000 aggregate principal amount of Debentures to $40,000,000 aggregate principal amount of Debentures."/>
IBI Group Inc. Announces Increase to Previously Announced Bought Deal Financing From $35 Million to $40 Million in Gross Proceeds
Facebook data center in far north Fort Worth. In an interview, Berzina said he was pursuing another job but declined to provide specifics "until it is sewed up.""/>
Fort Worth Chamber's top economic development exec steps down [Fort Worth Star-Telegram]
Diana Shipping Inc.,, a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has engaged financial advisors and has entered into negotiations with certain of its lenders to amend its outstanding loan facilities. In connection with these negotiations, the Company has reached an agreement in principle with certain lenders, including the Company’ s largest lender, for terms that include, among other..."/>
Diana Shipping Inc. Announces That it Has Engaged Financial Advisors to Negotiate Amendments to Certain of Its Loan Facilities and the Deferral of Certain Amortization Payments
Cargojet Inc. is pleased to announce that it has increased the size of its previously announced public offering to C $115 million aggregate principal amount of convertible unsecured subordinated debentures due December 31, 2021 at a price of $1,000 per Debenture. The transaction was increased from the original amount of C $100 million."/>
Cargojet Announces Increase to Previously Announced $100 Million Bought Deal Offering of 4.65% Convertible Unsecured Subordinated Debentures
TRC Companies, Inc. announced today that Chairman and Chief Executive Officer Chris Vincze and Senior Vice President and Chief Financial Officer Tom Bennet will host a conference call on Wednesday, August 31 at 9:00 a.m. ET to discuss the financial results for the Company's fiscal fourth quarter and year ended June 30, 2016.. To listen to the live webcast and access the accompanying presentation slides, visit the " Investors" section of TRC's website at..."/>
TRC to Host Fourth-Quarter Fiscal 2016 Financial Results Conference Call on August 31

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