Industry News

Cervus Equipment Corporation today announced its intention to seek a long term sale and leaseback of approximately $50 to $60 million of real estate currently owned by the Company. "While the majority of our dealerships are already located in leased premises, there is an opportunity to work with a long term landlord specializing in commercial real estate to capitalize on the value of our dynamic real estate portfolio," said Randy Muth, Chief Financial..."/>
Cervus Announces Intention to Sell and Lease Back Real Estate Portfolio
Spirit AeroSystems' Chanute operations, expanding on its June announcement to establish an aerospace manufacturing facility in Chanute, Kan. As part of the agreement, Spirit's Chanute statement of work will transition under the new company name Orizon Aerostructures– Chanute, Inc. Current Spirit employees in Chanute will transfer to Orizon as part of the..."/>
Orizon Aersostructures Announces Intent to Purchase Spirit AeroSystems' Chanute Operations
TASER International and the global leader in digital evidence management solutions with the leading body-worn camera, today announced the purchase of 720 Axon Body 2 cameras and 100 Axon Flex cameras by the Northern Territory Police in Australia. The police service secured a three-year subscription to the Axon cloud solution,, to help store, manage and..."/>
Northern Territory Police Deploys 820 Axon Body Cameras on in Australia
Discovery Air Defence Services Inc., a wholly owned subsidiary of Discovery Air Inc., recently participated in Exercise CUTLASS FURY 16, a multinational anti-submarine warfare exercise led by the Royal Canadian Navy. DA Defence's fleet of Alpha Jets and Westwind special mission aircraft join Canadian and allied ships and aircraft conducting ASW training off the coast of Nova Scotia and Newfoundland. As a highly-experienced combat support..."/>
Discovery Air Defence Participates in Exercise CUTLASS FURY 16 over the Atlantic
Toshiba, Wyndham Hotel Group, CSX, Rheem and Estee Lauder."/>
BRIEF: OpenSesame, Portland online learning company, raises another $9 million [The Oregonian, Portland, Ore.]
United Technologies Corp. signed an agreement for Hanwha Techwin Co. to acquire a 30 percent stake in P&W NGPF Manufacturing Co. Singapore, which Pratt& Whitney opened in February. The agreement allows for Hanwha to..."/>
Pratt & Whitney, South Korean Manufacturer Enter Into Agreement [The Hartford Courant]
Jason Industries, Inc. today announced that its Board of Directors has declared a quarterly cash dividend payment on the Company's 8.0% Series A Convertible Perpetual Preferred Stock.. The dividend on the Series A Preferred Stock will be payable on October 1, 2016, to holders of record at the close of business on August 15, 2016. The quarterly payment will be $20.00 per share."/>
Jason Industries, Inc. Announces Dividend on Preferred Stock
General Dynamics NASSCO delivered the fourth vessel in a series of five ECO Class product tankers under contract with American Petroleum Tankers. The Bay State was delivered during a special signing ceremony at the NASSCO shipyard in San Diego, CA. The Bay State is a 610- foot-long, 50,000 deadweight-ton, LNG-conversion-ready product tanker with a 330,000 barrel cargo capacity."/>
General Dynamics NASSCO Delivers Fourth ECO Class Product Carrier to American Petroleum Tankers
Armstrong World Industries, Inc. and Worthington Industries, Inc., joint venture partners in Worthington Armstrong Venture, today announced Rose Mary Clyburn as WAVE's president& CEO. Clyburn succeeds Charlie Chiappone who was recently named senior vice president at Armstrong World Industries. "Rose Mary is a proven leader having successfully led H.B."/>
Armstrong and Worthington Announce New WAVE President
Quest Resource Holding Corporation, a leader in sustainability, recycling, and environmental and resource management, today announced the appointment of Sarah R. Tomolonius to the Quest Board of Directors. Tomolonius has extensive experience as a sustainability, marketing, and finance professional. Tomolonius has served as Vice President, Marketing and Investor Relations for Arlon Group, a food and agriculture investment firm, since December 2012,..."/>
Quest Resource Names Sustainability and Investor Relations Professional Sarah R. Tomolonius to Board of Directors
Fortive Corporation announced today that it will webcast its earnings conference call for the third quarter 2016 on Thursday, October 27, 2016 beginning at 5:30 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website,, under "Events& Presentations." A replay of the webcast will be available at the same location shortly after the..."/>
Fortive Schedules Third Quarter 2016 Earnings Conference Call
Essendant Inc. announced plans to report third quarter 2016 results on Wednesday, October 26, 2016, after close of market. In connection with the earnings release, Essendant will host a conference call the following morning on Thursday, October 27, 2016, beginning at 7:30 a.m. Central Time. The press release containing the full text of the earnings announcement and accompanying financial tables, along with a financial slide..."/>
Essendant To Report Third Quarter 2016 Results
Mercury Systems, Inc., announced it received $11.7 million in follow-on orders from a leading defense prime contractor to provide radar subsystems and related digital processing technologies for a missile defense application. The orders were booked in the Company’ s fiscal 2017 first quarter and are expected to be shipped over the next several quarters. “For years Mercury’ s best-of-breed technologies and rapid deployment have helped drive..."/>
Mercury Systems Receives $11.7M in Orders for Radar Subsystems for Missile Defense Application
Cintas Corporation today reported results for its first quarter of fiscal year 2017 which ended August 31, 2016.. Revenue for the first quarter was $1.29 billion, an increase of 7.9% over the prior year period. Organic growth, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 5.7%."/>
Cintas Corporation Announces Fiscal 2017 First Quarter Results
Curtiss-Wright Corporation expects to release its third quarter 2016 financial results after the close of trading on Wednesday, October 26, 2016. A webcast conference call will be held on Thursday, October 27, 2016 at 9:00 am EDT for management to discuss the Company’ s third quarter 2016 performance. David C. Adams, Chairman and Chief Executive Officer, and Glenn E. Tynan, Vice President and Chief Financial Officer, will host the call."/>
Curtiss-Wright to Announce Third Quarter 2016 Financial Results
Fortune Brands Declares Quarterly Dividend
NetApp as the SolidFire Partner of the Year. The NetApp SolidFire Partner of the Year award recognized that WWT demonstrated excellence in transforming its customer environments to all-flash array for the next generation data center. The 2016 SolidFire Partner of the Year was announced at the NetApp Insight technical conference during a reception on September 26 th hosted by Scott Strubel, vice..."/>
World Wide Technology Honored by NetApp as the SolidFire Partner of the Year
Air Lease Corporation announced the pricing on September 26, 2016 of its public offering of $500 million aggregate principal amount of 2.125% unsecured senior notes due 2020. The Notes were offered to the public at a price of 99.643% of their face amount. The sale of the Notes is expected to close on October 3, 2016, subject to satisfaction of customary closing conditions.."/>
Air Lease Corporation Announces Pricing of Public Offering of $500 Million of 2.125% Unsecured Senior Notes due 2020
Clal Insurance Enterprises Holdings Ltd. from IDB. Clal Insurance CEO Izzy Cohen has recently met with ChemChina CEO Ren Jianxin and presented the company to him. ChemChina has no financial activity and currently examines the possibility of entering this field."/>
ChemChina mulls buying Clal Insurance [Globes, Tel Aviv, Israel]
Hill International, the global leader in managing construction risk, announced today that J. Charles Levergood, P.E. has joined the company as Senior Vice President in charge of business development for the Americas Region of Hill’ s Project Management Group. Levergood will be based out of the company’ s Washington, DC office.. Levergood is a professional engineer with 33 years of experience in the engineering and construction industry."/>
J. Charles Levergood Joins Hill International as Senior Vice President

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