Home / World Marketplace / Archive by category Industry & Manufacturing (Page 14)

Archive by category Industry & Manufacturing

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

PITTSBURGH, Aug. 17 (Korea Bizwire) – Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, [...]

Southco Introduces Stylish New Corrosion-Resistant Stainless Steel Positioning Hinge

HONG KONG SAR, Aug. 10 (Korea Bizwire) – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has recently expanded its successful E6 Constant Torque Position Control Hinge series to include a corrosion-resistant cast stainless steel [...]

J.M. Huber Corporation Signs Agreement to Acquire the Biolchim Group from NB Renaissance, Chequers Capital and Management Team

ATLANTA, Aug. 8 (Korea Bizwire) — J.M. Huber Corporation (Huber)—a global, family-owned specialty engineered materials manufacturing company—announced today that it has signed a binding agreement to acquire full control of the Biolchim Group from NB Renaissance, Chequers Capital and the Biolchim Group management team. The Biolchim Group, managed and headed by Galileo Quattro SARL, has [...]

CNH Industrial Reports Strong Second Quarter Performance

Record consolidated revenues of $6,082 million (up 17.5% compared to Q2 2021 for continuing operations, up 20% at constant currency) Net income of $552 million, Adjusted Net Income of $583 million, with adjusted diluted EPS of $0.43 Adjusted EBIT of Industrial Activities of $654 million (up $82 million compared to Q2 2021) Free cash flow [...]

Turnover Figures 1st Half of 2022

July 29 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has posted consolidated turnover of €488.1m in the first half of 2022, stable compared with the first half of 2021. Consolidated turnover In € millions – unaudited 2022 2021 Variation Like-for-like variation (1) 1st quarter [...]

Nikkiso Clean Energy & Industrial Gases Group Announces Addition of Vaporizer Manufacturing Facility in Houston, TX

TEMECULA, Calif., July 25 (Korea Bizwire) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce yet another expansion of their manufacturing capabilities. This expansion represents their commitment to and support of their domestic industrial gas and clean energy customers. Their [...]

ETC Announces Fiscal 2023 First Quarter Results

SOUTHAMPTON, Pa., July 14 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 27, 2022 (the “2023 first quarter”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President, stated, “We are pleased with the 32% increase in sales vs. prior [...]

FLEXIM Introduces Enhancement of Automatic Flow Disturbance Correction for Clamp-on Ultrasonic Flowmeters

BERLIN, June 28 (Korea Bizwire) — Adhering to straight-run requirements can be a challenge in the generally limited space of industrial process plants. Because of limited pipework, it’s not always feasible to carry out optimal installation away from valves, bends and other inline workings that could lead to excess turbulence that’s difficult to deal with. [...]

2022 Corporate Calendar – Update

Turin, June 23 (Korea Bizwire) — Iveco Group N.V. (MI: IVG) announces that the meeting of the Board of Directors for the approval of Q2 results has been brought forward to 27th July 2022. The conference call for investors and financial analysts is confirmed on 28th July. This will be accompanied by a listen-only webcast and presentation available [...]