Industry News

Caterpillar machines and generators."/>
Palm Beach home sells for $10.5 million [Sun Sentinel]
FedEx Corp. Jan. 1, 2018.. Company founder Smith will remain board chairman and chief executive officer, but will drop the role of president, the Memphis carrier said during its annual shareholders meeting Monday. Smith, 72, has held all three titles for decades at the 266,000- employee company."/>
FedEx sets up executive changes, Smith to drop president role [The Commercial Appeal, Memphis, Tenn.]
Vectrus Inc. subsidiary was among five winners of a Navy contract of up to $900 million to provide facility support services and small construction projects for natural disasters, military operations and humanitarian support for military units and other federal agencies. The Colorado Springs-based defense contractor will compete against the other four winning contractors-- Kellogg Brown& Root Services Inc., IAP-ECC LLC, Fluor Intercontinental Inc. and AECOM..."/>
BRIEF: Vectrus subsidiary wins Navy contract [The Gazette (Colorado Springs, Colo.)]
Joy Global Inc., met today at MINExpo INTERNATIONAL ® 2016 in Las Vegas. Both companies have a major presence at this year’ s show, the premier exposition of mining equipment and services in the world. This Smart News Release features multimedia."/>
Komatsu and Joy Global CEOs Talk Commitment to Mining Innovation at MINExpo INTERNATIONAL®2016
Honeywell announced today its support of the U.S. Environmental Protection Agency's latest decisions for the Significant New Alternative Policy. The program evaluates and regulates environmentally preferable substitutes for chemicals that are being phased out under the Clean Air Act."/>
Honeywell Supports U.S. EPA's Program To Reduce Harmful Greenhouse Gas Emissions
IDEX CORPORATION today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.34 per common share. The next dividend will be paid October 31, 2016 to shareholders of record as of October 17, 2016. This dividend represents the company’ s 88th consecutive regular quarterly cash dividend payment."/>
IDEX Corporation Declares Regular Quarterly Cash Dividend
Rockwell Collins has been awarded a contract to provide touch-screen flight displays for all five flight deck displays on the new Boeing 777 X jetliner. It will mark the first time a commercial air transport aircraft will be equipped with this type of flight displays. The displays are expected to make the flight deck more intuitive for pilots and more efficient for flight operations."/>
Rockwell Collins wins Boeing contract [The Gazette, Cedar Rapids, Iowa]
UNIFIRST CLOSES USD 122 M ACQUISITION OF ARROW UNIFORM. US-based work uniforms and facility services provider UniFirst Corp. has completed its acquisition of US-based Arrow Uniform for approximately USD 122 m, the company said."/>
M and A Navigator: Deal pipeline –26 September
New Flyer Industries Inc., the largest transit bus and motor coach manufacturer and parts distributor in North America announced today the Washington Metropolitan Area Transit Authority exercised options for 100 heavy-duty 40- foot New Flyer Xcelsior ® compressed natural gas buses. The 100 options valued at approximately $56 million were exercised off a contract signed in June, 2013. To date, 500 buses..."/>
Washington, DC Exercises Options for an Additional 100 New Flyer Buses
Granite Construction Incorporated announced today that the joint venture team comprised of Granite Construction Company, Shimmick Construction Co., Inc. and Traylor Bros., Inc. has been awarded the Airport Guideway and Stations Design-Build Contract by the Honolulu Authority for Rapid Transportation. Granite will book its 33% share of the $875 million joint venture project into backlog during the third quarter of 2016.. Scope of the contract..."/>
Granite Awarded $875 Million Joint Venture Design-Build Transit Project in Hawaii
Bombardier Commercial Aircraft and the International EPD ® System, an environmental declaration program based in Sweden, announced today a first in the aerospace industry with the publication of the Environmental Product Declaration for Bombardier's CS100 aircraft. The EPD ®, which is based on verified Life Cycle Analysis data, discloses information about the life-cycle environmental impact of products and, thus provides the basis for a fair..."/>
Bombardier CS100 Aircraft Receives the First Environmental Product Declaration in the Industry
Bombardier Commercial Aircraft and the International EPD ® System, an environmental declaration program based in Sweden, announced today a first in the aerospace industry with the publication of the Environmental Product Declaration for Bombardier's CS100 aircraft. The EPD ®, which is based on verified Life Cycle Analysis data, discloses information about the life-cycle environmental impact of products and, thus provides the basis for a fair..."/>
Bombardier CS100 Aircraft Receives the First Environmental Product Declaration in the Industry
CLARCOR Inc. announced today that the company’ s Board of Directors has resolved to increase the company’ s regular quarterly dividend by 14%, from $0.22 per share of common stock to $0.25 per share of common stock. This continues the company’ s consecutive streak of increasing dividends every year since 1983. The Board further resolved to pay the new $0.25 per share dividend on Friday, November 4, 2016 to shareholders of record on Monday, October 17, 2016.."/>
CLARCOR Increases Quarterly Dividend by 14%
Advanced Disposal Services, a waste-collection company based in suburban Jacksonville, announced the launch of its initial public offering Monday. The company is offering 19,250,000 shares of common stock and has begun meeting with investors. Once the sales close, public grading would begin."/>
Advanced Disposal Services launches IPO, plans to raise $400 million [The Florida Times-Union, Jacksonville]

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