Industry News

Tesla Motors has cut the base price of its Model X crossover vehicle by $9,000, the second time the electric vehicle manufacturer has reduced prices this year after falling short of sales targets. The price cut, first reported by Reuters, will bring the starting price of the Model X 60 D to $74,000, or $9,000 below the Model X 75 D. The 60 D will have a 60 kilowatt-hour battery, which will give it less torque and a shorter range than the Model X 75 D. Last month, Tesla reduced the base..."/>
Tesla cuts price on Model X [Detroit Free Press]
Morgan Advanced Materials of Berkshire, United Kingdom, plans to open the facility by late 2017. Called the Carbon Science Center of Excellence, it is part of a partnership announced Tuesday between Morgan and the university."/>
Penn State, global engineering company collaborate on new research and design center [The Morning Call (Allentown, Pa.)]
Lockheed Martin, said Wednesday. Chris Williams, a spokesman for Bethesda, Maryland-based Lockheed Martin said the reduction in the workforce at the Stratford-based helicopter manufacturer is part of an ongoing "thorough analysis of the Sikorsky business." "This action is necessary if we are to remain competitive the..."/>
Sikorsky workers to face unspecified number of layoffs [New Haven Register, Conn.]
Lockheed Martin Corp. said Wednesday it is laying off 350 employees at helicopter maker Sikorsky and will continue to "conduct a thorough analysis" of the business. The Bethesda, Md.-based aerospace company said most employees were notified Wednesday and those affected will be off the payroll by the end of August. "Additionally, we continue to conduct a thorough analysis of the Sikorsky business," spokesman Chris Williams said."/>
Lockheed Martin Lays Off 350 Sikorsky Workers [The Hartford Courant]
Valmont Industries, Inc., a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, will hold its Second Quarter Earnings Conference Call on Thursday, July 21, 2016 beginning at 8:00 a.m. CDT. An audio discussion of Valmont's second quarter results by Mogens C. Bay, Chairman and Chief Executive Officer and Mark C. Jaksich, Executive Vice President and Chief..."/>
Valmont Industries, Inc. Second Quarter 2016 Earnings Conference Call
East Bay Times Michelle Quinn column [East Bay Times]
Thor Industries, which manufactures RVs, is ranked fifth. And Drew Industries, a RV supplier that is the parent of Lippert Components, is ranked 11th."/>
BRIEF: Elkhart RV companies ranked among nation's top manufacturers [South Bend Tribune, Ind.]
Spirit AeroSystems will be manufacturing parts of the Boeing 737 at the highest rate since the company was founded 11 years ago. By early 2017, Wichita's largest employer will be building them at a rate of 47 a month, up from the 42 a month it builds today-- and double the rate of 21 a month when the company was formed in 2005.. The rate increase is due largely to Boeing's swollen order book for its best-selling narrow-body jetliner, of which Spirit..."/>
Spirit grows automation as it prepares for 737 rate increase [The Wichita Eagle]
Stericycle, Inc.. Investors who purchased or otherwise acquired shares between February 7, 2013 and April 28, 2016, inclusive, are encouraged to contact the Firm prior to the September 12, 2016 lead plaintiff motion deadline.. If you purchased shares of Stericycle during the Class Period, please contact Joon M. Khang, Esquire, of Khang& Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA..."/>
SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Stericycle, Inc. and Reminds Investors with Losses to Contact the Firm
Lockheed Martin to ship DigitalGlobe's WorldView-4 earth imaging satellite to Vandenberg Air Force Base for a Sept. 15 launch. The Lockheed Martin team is completing final satellite testing and checkout before shipment. Testing includes calculating the weight and center of gravity of WorldView-4, completing a health check of major systems, and testing out image collection and downlinking..."/>
Countdown to Launch: Lockheed Martin Makes Final Preparations for DigitalGlobe's WorldView-4 Earth Imaging Satellite

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