Industry News

TriNet Group, Inc. today announced that its Vice President and Chief Financial Officer, Bill Porter, plans to retire from the company after six years of service. Porter will remain in his current role as CFO until a successor has been named, ensuring an orderly transition for the new CFO. Porter will then continue with the company in an operating role as an adviser to the CEO."/>
TriNet Group, Inc. Announces Retirement of CFO Bill Porter
Covanta Holding Corporation, a world leader in sustainable waste and energy solutions, announced today it has completed a transaction with CITIC Environment, a subsidiary of CITIC Limited, China's largest conglomerate enterprise, for the sale of approximately 90 percent of Covanta's ownership interest in Chongqing Sanfeng Environmental Industrial Group Co., Ltd. The sale to CITIC was the final piece of an integrated transaction in..."/>
Covanta Completes Exchange of China Assets for Cash
Mercury Systems, Inc. introduced the first rackmount secure server available for the defense market today at the Association of the United States Army Annual Meeting in Washington, D.C. These ATX-class servers are designed to drive the most powerful mission processing, sensor processing and cybersecurity applications, addressing the defense market’ s need for..."/>
Mercury Systems Introduces the First Secure Rackmount Server for the Defense Market
United Continental Holdings. Mike Dickinson is a tax director at Johnson Advisors."/>
People on the Move: Oct. 2-8 [Las Vegas Sun]
Dover. The purchase price is $160 million, before customary post-closing adjustments. The transaction is expected to close in the fourth quarter of 2016, subject to customary regulatory approvals."/>
JBT Corporation Signs Definitive Agreement to Acquire Tipper Tie, a Leading Supplier of Protein Processing and Packaging Solutions
Honeywell will issue its third quarter financial results before the opening of The New York Stock Exchange on Friday, October 21. The company will also hold a conference call with investors at 9:30 a.m. EDT. To participate on the conference call, please dial 795-3635 or 325-4816 approximately ten minutes before the 9:30 a.m. EDT start."/>
Honeywell To Release Third Quarter Financial Results And Hold Its Investor Conference Call On Friday, October 21
Kornit Digital,, a worldwide market leader in textile printing technology, has announced that its digital roll-to-roll printing system, the Kornit Allegro, will play a critical role in the next episode of Lifetime’ s Emmy ®- nominated Project Runway. In this American reality competition show, fashion designers compete to create the best fashion pieces with a limited amount of time and resources. The episode, called Sink or Swim, will air on October..."/>
Kornit Digital Provides On-Demand Fashion Production Technology for Project Runway
PACCAR is launching exciting new power, torque and fuel efficiency enhancements to its MX-13 and MX-11 engines for North America. The new engines will be available in Kenworth and Peterbilt trucks in January 2017.“ The PACCAR MX-13 and MX-11 engines are designed to deliver optimum performance, durability, fuel economy, and the lowest total cost of ownership for our customers,” said Landon Sproull, PACCAR vice president. This Smart News Release features..."/>
PACCAR Introduces Enhancements to MX-13 and MX-11 Engines
L-3 Communications announced today that it completed the acquisition of Micreo Limited on September 30, 2016. The company, now known as L-3 Micreo, employs approximately 70 people and is located in Brisbane, Australia. The business is projected to generate AUD $35 million in sales for the year ending December 31, 2017 and to be accretive to L-3’ s earnings."/>
L-3 Completes Acquisition of Micreo Limited
Rexnord announced today that Matthew Stillings has joined the company as a Group Executive and President of its Water Management Platform. Stillings joins Rexnord from IDEX Corporation where he served most recently as Senior Vice President– Group Executive responsible for Pumping and Valve Technologies and IDEX China. “Matt is an outstanding executive and we are excited to have him lead our Water Management Platform,” said Todd Adams, Rexnord President and..."/>
Matthew Stillings Joins Rexnord Corporation as President, Water Management Platform
AerCap Delivers New A350XWB to LATAM
Viad Corp, announced today that it will host a teleconference with investors and analysts to review 2016 third quarter results on Thursday, October 27, 2016, at 5:00 p.m.. Viad will issue a press release outlining its financial results and forecast on that date and will also post it on Viad's Web site at prior to the call. Steve Moster, Viad's president and chief executive officer, and Ellen Ingersoll, Viad's chief financial officer,..."/>
Viad Corp Schedules Third Quarter 2016 Earnings Call
Grande West Transportation Group Inc.– October 3, 2016:, a Canadian manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United-States, is pleased to announce that it has received an additional order from the City of Edmonton totalling approximately $3.8 million CAD. The order is for ten 30 foot Vicinity buses for 2017 delivery. This is in addition to the City's initial order for six 30 foot buses announced September 8, 2016,..."/>
Grande West Receives Additional City of Edmonton Order
VirTra, Inc., a leading provider of use of force simulators and firearms training simulators, today announced that it has received its third and fourth orders for delivery of law enforcement simulators under the previously announced indefinite delivery/indefinite quantity contract by the United States Department of State that could result in up to $40 million in revenue for law enforcement training simulator equipment and services over the order..."/>
VirTra Receives Third and Fourth Orders Under the IDIQ Contract by U.S. Department of State Valued at $1.4 million
Kaman Corporation announced today that its 3.25% Convertible Senior Notes due 2017 may be converted subject to the requirements of the indenture governing the Convertible Notes as described below. The Convertible Notes are convertible by the holders thereof during the current fiscal quarter of Kaman because the last reported sale price of Kaman’ s common stock was greater than or equal to 130% of the conversion price in effect for the Convertible Notes..."/>
Kaman Announces Opening of Conversion Window for Its Convertible Notes
Orbital ATK and its Global Supply Chain Network Chosen for Dependability and Affordability. DULLES, Va.---- Orbital ATK, Inc., a global leader in aerospace and defense technologies, announced today that it has been awarded multiple delivery orders from the U.S. government to supply non-U.S. standard ammunition for the Department of Defense in support of international allies. The combination of orders received in September and October 2016 under Orbital ATK’ s Indefinite..."/>
Orbital ATK Receives Orders Totaling $126 Million to Supply Range of Munitions to U.S. Army and International Allies
Cargojet will release its Third Quarter Financial Results, prior to the market opening on Wednesday, November 9 th, 2016. The financial results will be released by newswire as well as filed with SEDAR."/>
Cargojet Announces Timing For Third Quarter 2016 Results
Nexeo Solutions today announced Brian Herington has been named Senior Vice President, Chemicals effective immediately. Herington will have responsibility for all of the Chemicals sales, marketing and product line management team. He will report directly to David Bradley, President and Chief Executive Officer."/>
Nexeo Solutions Appoints New Senior Vice President, Chemicals
Oshkosh Integrates Advanced Weapons, C4ISR Suites into JLTV and M-ATV to Bring New Capabilities to the Mission. OSHKOSH, Wis.---- Oshkosh Defense, LLC, an Oshkosh Corporation company, will showcase its Joint Light Tactical Vehicle and MRAP All-Terrain Vehicle with fully integrated, next generation lethality and networking capabilities at the AUSA Conference 2016. The vehicles will be on display at the Walter E. Washington Convention Center in Washington, D.C. from October 3-5,..."/>
Oshkosh Defense Showcases Vehicles with Next Generation Lethality, Networking and Off-Road Mobility Capability at AUSA 2016
Black Diamond Group Limited, is pleased to announce the acquisition of all of the existing space rental fleet assets of Shelter Modular Inc. for $1.3 million. The fleet is based in the Vancouver area and consists of approximately 100 space rental units which are currently 85% utilized with an annual revenue run rate of approximately $0.4 million. There are no incremental general and administrative costs being assumed as this fleet will be absorbed into Black Diamond's..."/>
Black Diamond Group Announces the Strategic Acquisition of Vancouver Area Rental Fleet
Meritor, Inc. today announced the launch of its new brand identity "Run With The Bull," which reinforces the company's increased emphasis on sustainable growth. "As we begin our M2019 strategic business plan, our new brand identity celebrates Meritor's leadership in the commercial transportation industry, reinforces our focus on developing a historic number of innovative products and underscores our dedication to exceptional service and..."/>
Meritor Launches New Global Brand Identity as Company Focuses on Strategic Growth

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