Industry News

Lightbridge Corporation, a U.S. nuclear fuel development company, today announced that the Company’ s CEO, Seth Grae, provided a keynote address to Chinese business leaders at an event held in Beijing on August 25, 2016 organized by Lightbridge’ s newly appointed Co-Chairman, Mr. During his keynote speech, Seth Grae, President& Chief Executive Officer of Lightbridge Corporation, stated,“ At Lightbridge, we are developing and commercializing a new nuclear energy..."/>
Lightbridge CEO Seth Grae Provides Keynote Address to Chinese Business Leaders in Beijing
WABCO Holdings Inc., a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, today reported that several major Chinese heavy duty truck manufacturers- including China National Heavy Truck Corporation, Dongfeng Liuzhou Motor Company and Shaanqi- continue to increase adoption of OptiRide (TM) electronically controlled air suspension in series production. WABCO's OptiRide technology is by..."/>
Major Chinese Truck Manufacturers Increasingly Adopt WABCO's OptiRide Electronically Controlled Air Suspension Technology
Nielsen's new Global Health and Ingredient-Sentiment Survey said they follow a diet that limits or prohibits consumption of at least some foods or ingredients; response..."/>
When Less Is More: Nearly Two out of Three Global Consumers Say They Follow Specialized Diets that Omit Certain Ingredients, According to Nielsen
Cubic Corporation ranked second in Orlando Business Journal’ s annual industry list. SAN DIEGO---- Cubic Corporation today announced that its Orlando, Florida, operations of the Cubic Global Defense business unit ranked second in the Orlando Business Journal’ s annual Top Modeling, Simulation and Training Companies list. The Book of Lists by Orlando Business Journal provides a directory of hundreds of recognized local companies in their fields and industries by ranking."/>
Cubic Listed Among Top Modeling, Simulation and Training Companies in Central Florida
Honeywell today announced that it has completed its $1.5 billion acquisition of Intelligrated, a privately held leader in supply chain and warehouse automation solutions, which was previously announced in July. "With the continued growth of e-commerce, retailers and supply chain companies need a range of enterprise solutions to enhance their operational accuracy, efficiency and safety," said John Waldron, president and CEO, Honeywell..."/>
Honeywell Completes Acquisition of Intelligrated
GMS Inc., a leading North American distributor of gypsum wallboard and suspended ceiling systems, announced today its acquisition of Steven Kempf Building Material Company, headquartered in King of Prussia, Pennsylvania. Founded in 1994, SKBM expanded to become a leading supplier of drywall, ceilings, steel studs and related construction products to professional contractors in the greater Philadelphia metro area. SKBM services large and small projects with a..."/>
GMS Expands Mid-Atlantic Presence with Acquisition of Leading Pennsylvania Drywall Distributor
Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and semiconductor industries, announced that Peter J. Gundermann, President& Chief Executive Officer, and David C. Burney, Executive Vice President& Chief Financial Officer, will present at CL King’ s 14 th Annual Best Ideas Conference in New York City on Tuesday, September 13, 2016.. Astronics’ presentation is scheduled to begin at 9:30 a.m...."/>
Astronics Corporation to Present at CL King Best Ideas Conference
Kennametal Inc. tapped him in February to lead the tooling company through a challenging downturn. The former CEO of Terex Corp., a Connecticut-based machinery maker, DeFeo, 64, had expected his only connection to Downtown-based Kennametal would be as a board member, a position he has held since 2001.. "It was a difficult personal decision because I had to postpone my retirement," DeFeo told the Tribune-Review recently in his first..."/>
Kennametal CEO DeFeo sees 'pretty amazing' opportunities for turnaround [The Pittsburgh Tribune-Review]
Pointer Telocation Ltd, a developer, manufacturer and operator of Mobile Resource Management, announced on Mondya the signing of a binding agreement to acquire Cielo Telecom, a fleet management services company based in South Brazil. Cielo Telecom manages fleet customers covering approximately 16,000 trucks. Under the terms of this acquisition, Pointer will make a cash payment of approximately USD6.5m."/>
Pointer Telocation to acquires Cielo Telecom in Brazil in USD6.5m deal
American Electric Technologies said on Monday that its M&I Electric business has received an order to provide its IntelliSafe arc-resistant switchgear for a new 50- MW tri-fuel, peaking power generation facility in the Midwest US in the fourth quarter of 2016.. This project represents M&I Electric's first order from this leading international power generation equipment company in the Midwest US. Upon installation, the 50 MW project is expected to..."/>
M&I Electric to supply IntelliSafe arc-resistant switchgear for 50MW power project
Cubic Global Defense, a business unit of Cubic Corporation, announced on Monday the award of a five-year, approximately USD80m task order to support aviation training for the US Navy and Marine Corps under the Navy's Fielded Training Systems Support IV Indefinite Delivery Indefinite Quantity Multiple Award Contract. Reportedly, this is the first award by the Naval Air Warfare Centre, Training Systems Division using this fourth-generation IDIQ programme that has an..."/>
Cubic announces almost USD80m award from Navy’s FTSS IV IDIQ multiple award contract

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