Industry News

Insperity Inc revealed on Friday that its board of directors approved a quarterly cash dividend of USD0.25 per share. Stockholders of record as of 19 September 2016 will receive the dividend payment on 30 September 2016.. A provider of human resources and business performance solutions, Insperity has helped to improve business performance for over three decades."/>
Insperity announces dividend of USD0.25 per share for quarter
Caterpillar contemplates allocation of production from Gosselies, Belgium, to other manufacturing facilities. PEORIA, Ill.- Caterpillar Inc. today announced it is contemplating to allocate the volumes produced at its facility in Gosselies, Belgium, to other manufacturing facilities. The Gosselies plant primarily manufactures construction equipment."/>
Caterpillar contemplates allocation of production from Gosselies, Belgium, to other manufacturing facilities
Accuride Corporation disclosed on Friday that it sold its subsidiary Brillion Iron Works to a subsidiary of Metaldyne Performance Group Inc for a total cash consideration of USD14m. Pursuant to the purchase agreement, MPG acquired all of the stock of Brillion, a Delaware corporation based in Brillion. It specialises in the casting design and production of gray, ductile and austempered ductile iron castings for industries such as light vehicle, commercial vehicle,..."/>
Accuride sells subsidiary Brillion Iron Works to Metaldyne Performance Group's subsidiary for USD14m
Caterpillar Inc. today announced it is contemplating to allocate the volumes produced at its facility in Gosselies, Belgium, to other manufacturing facilities. The Gosselies plant primarily manufactures construction equipment. This announcement starts an information and consultation process, which could result in the closure of the Gosselies site and a collective lay-off."/>
Caterpillar contemplates allocation of production from Gosselies, Belgium, to other manufacturing facilities
Valmont Industries revealed on Friday the appointment of Stephen G. Kaniewski as its president and chief operating officer. Effective 1 October 2016, Kaniewski will lead and oversee the company's daily operations, reporting to its chairman and chief executive officer, Mogens Bay. Prior to the promotion, Kaniewski served as group president of the company's Utility Support Structures Segment, a position he has held since August 2015.."/>
Valmont elects Steve Kaniewski as COO
Lockheed Martin successfully demonstrated their UAV optimization technologies using aerial command and control of multiple unmanned aerial vehicles. The demonstration marks another successful milestone in the joint WUT-Lockheed Martin advanced applied research program on optimization of diverse fleets of aircraft, and concepts associated with manned-unmanned command and control of airborne platform..."/>
Warsaw University Of Technology Reaches "New Heights" In Unmanned Aerial Systems Optimization Research Partnership With Lockheed Martin
IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector."/>
Solid non-oil private sector growth maintained in UAE [Khaleej Times, Dubai, United Arab Emirates]
Veidekke ASA: Expands its corporate management team
Veidekke ASA would like to invite you to attend the presentation of its Economic Activity Report on the Scandinavian Building and Construction Markets to be held on Wednesday, 14 September at 12.30 p.m. at Veidekke headquarters in Skabos vei 4, Skøyen, Oslo. Lunch will be served from 12.00 noon. Please register with Anita Pettersen at anita.pettersen@veidekke.no or tel. +47 996 45 414 no later than Friday, 9 September."/>
Veidekke ASA: PRESENTATION
Hero Motocorp Ltd, and his brother Sunil Munjal rose the sharpest from among executives in India who also don the promoter's hat in their respective companies. The total salary, including commission as a percentage of net profit, increased 28.6% to Rs.57.40 crore for Pawan Munjal, who is also the managing director of Hero, during the year ended 31 March. Sunil Munjal, who resigned from the..."/>
Hero Motocorp's Munjals get biggest salary raise among promoter executives [Mint, New Delhi]
Economy is still growing [Financial Mail on Sunday, London]
The down view of index funds [The Philadelphia Inquirer]
Elbit Systems Ltd. land-based section developed the system according to needs defined by IDF land forces personnel, based on the lessons learned in recent conflicts, including..."/>
Israeli army introduces Dragon advanced firing system [Globes, Tel Aviv, Israel]

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