Industry News

Fluor’ s expertise in managing large engineering, procurement and construction projects Partnership to capture new growth opportunities for both companies. ZURICH---- ABB and Fluor have formed a global strategic partnership for the execution of large turnkey engineering, procurement and construction projects for electrical substations. By combining ABB’ s world-leading technology and its..."/>
ABB and Fluor Partner to Deliver Power Substation Projects Globally
Mitsubishi Heavy Industries, Ltd. recently appointed Kiyoshi Okazoe as the new President of Mitsubishi Heavy Industries America, Inc., a wholly owned subsidiary of MHI, effective October 1, 2016. A veteran of the MHI North America operations, Okazoe succeeded Kenji Ando, who assumed the position of President and CEO, Energy& Environment, based in Tokyo. "We are aggressively pursuing global growth, and the U.S. is a particularly important region for us," said MHI..."/>
Kiyoshi Okazoe Appointed New President of Mitsubishi Heavy Industries America, Inc.
Macquarie Infrastructure Corporation announced that it has engaged Wells Fargo Securities LLC, JPMorgan Chase Bank N.A., Regions Capital Markets and BBVA Compass as joint lead arrangers for $750 million of senior secured credit facilities, for the refinancing of the term loan and revolving credit facility of its Atlantic Aviation subsidiary. MIC currently expects the closing of the senior secured credit facilities and the refinancing to occur prior to the middle..."/>
Macquarie Infrastructure Corporation Announces Planned Refinancing of Atlantic Aviation Credit Facilities
Boeing Co., Honda and Walgreens. Well-known local companies including Reynolds and Reynolds, LexisNexis and Speedway also plan to send representatives to the career fair intended to give students from varying fields of study and the general public an opportunity to..."/>
BRIEF: Cedarville University to host career fair [Dayton Daily News, Ohio]
Triumph Group on Monday cut the ribbon on its 156,000- square-foot manufacturing building in Edgerton, in the Kansas City area. The afternoon ribbon cutting of the new facility in the Logistics Park Kansas City was attended by Gov. Sam Brownback and Edgerton Mayor Donald Roberts."/>
BRIEF: Triumph celebrates new Kansas plant [The Wichita Eagle]
Aegion Corporation announced today that it will review with investors tomorrow its long-term strategic plan. In his comments on tomorrow’ s conference call, Charles R. Gordon, President and Chief Executive Officer, will discuss how Aegion is poised to generate revenue growth, operating margin expansion and earnings per share growth over the next three years. “Aegion’ s long-term strategy is to create stable and sustainable growth from its innovative technologies and..."/>
Aegion Corporation to Present Its Long-term Strategy to Generate Stable and Sustainable Growth
Strongco Corporation today announced that on September 30, 2016 it completed the sale of 100% of the shares of Chadwick-BaRoss, Inc. for US $12.4 million to Chadwick-BaRoss Canada Inc., an affiliate of ISH Capital Inc.. The transaction, initially announced on August 4, 2016, was effected by way of the Purchaser purchasing from Strongco of all of the outstanding shares of Strongco's wholly-owned U.S. subsidiary, Strongco USA, Inc. The proceeds..."/>
Strongco Announces Completion of Its Sale of Chadwick-BaRoss, Inc.
EMCOR Group, Inc. today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per common share. The dividend will be paid on October 28, 2016 to stockholders of record as of October 17, 2016.. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services."/>
EMCOR Group, Inc. Declares Regular Quarterly Dividend
Veritiv Corporation, a North American leader in business-to-business distribution and logistics solutions, announced its intention to form a new business segment, Veritiv Services. The new segment will be part of Veritiv's long-term strategy designed to accelerate growth across the company. "In just over two years as a public company, we have realized impressive financial and integration results that are meeting and exceeding the..."/>
Veritiv to Form New Services Segment

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