Industry News

GST bill: Nitish Kumar goes goodwill hunting [Mint, New Delhi]
Amazon.com to move into one of its warehouses along Route 33 in Northampton County said Wednesday that construction is set to begin on a nearly 630,000- square-foot industrial facility in the same vicinity. Duke Realty Corp. of Indianapolis said construction of 33 Logistics Park 1611-- Duke's second of three planned for 33 Logistics Park-- is scheduled to begin next month and be completed in June. The warehouses either built or..."/>
Construction set for next Route 33 warehouse [The Morning Call (Allentown, Pa.)]
Fortune Brands Creates Global Plumbing Group, Acquires Riobel
Pentair for USD 3.15 bn, the company said on Thursday. The complementary acquisition establishes Emerson's global presence in control, isolation, pressure relief valves and actuation as part of a larger strategy to build a broader automation portfolio. This transaction follows Emerson's recently..."/>
Emerson Signs to Acquire UK Manufacturer’s Pentair’s Valves and Controls Business for USD 3.15bn
BWX Technologies, Inc.' s BWXT Canada Ltd. subsidiary has entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada Inc. joint venture, the company said. Terms of the transaction are not being disclosed. The transaction is expected to be completed, subject to required Canadian regulatory reviews and other closing conditions, during the fourth quarter of 2016.."/>
Nuclear Components, Fuel Supplier BWXT to Acquire GE Hitachi Nuclear Energy Canada JV
COSCO International Holdings Limited today announced the unaudited consolidated results of the Company and its subsidiaries for the six months ended 30th June 2016. Throughout the first half of 2016, the international shipping industry remained in a prolonged trough coupled with the lingering overcapacity. Transactions of the new build vessel market continued to slow while ship prices remained depressed."/>
COSCO International Announces 2016 Interim Results
Pentair for USD 3.15 bn, the company said on Thursday. The complementary acquisition establishes Emerson's global presence in control, isolation, pressure relief valves and actuation as part of a larger strategy to build a broader automation portfolio. This transaction follows Emerson's recently..."/>
Emerson Signs to Acquire UK Manufacturer’s Pentair’s Valves and Controls Business for USD 3.15bn
BWX Technologies, Inc.' s BWXT Canada Ltd. subsidiary has entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada Inc. joint venture, the company said. Terms of the transaction are not being disclosed. The transaction is expected to be completed, subject to required Canadian regulatory reviews and other closing conditions, during the fourth quarter of 2016.."/>
Nuclear Components, Fuel Supplier BWXT to Acquire GE Hitachi Nuclear Energy Canada JV
Fortune Brands Creates Global Plumbing Group, Acquires Riobel
SolarCity on Wednesday announced a corporate restructuring, including layoffs and slashed executive pay. The San Mateo solar panel installer is setting aside $3 million to $5 million for restructuring, primarily to pay for severance payments, the company told regulators. Most of the buyout packages will be paid this year."/>
SolarCity laying off workers, restructuring [East Bay Times]
Hitachi Power Systems has received an order for one train of blast-furnace-gas fired gas turbine power generation equipment from Shougang Jingtang Iron& Steel Co., Ltd.. The equipment will be a key component of the Gas Turbine Combined-Cycle power plant that Shougang Jingtang Company plans to build in the Caofeidian Phase 2 Project in Tangshan, Hebei Province. In the project, low calorific value gas that is generated by the blast furnace..."/>
MHPS Receives Order for Gas Turbine Power Generation Equipment Fired by Blast Furnace Gas for Shougang Jingtang Company, China
Boeing Delivers 50th 787 Dreamliner to ANA
SolarCity on Wednesday announced a corporate restructuring, including layoffs and slashed executive pay. The San Mateo solar panel installer is setting aside $3 million to $5 million for restructuring, primarily to pay for severance payments, the company told regulators. Most of the buyout packages will be paid this year."/>
SolarCity laying off workers, restructuring [Mercury News]

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