Heavy Industries News Releases

August 10, 2017 14:55

Mori Building Launches Construction of Office Tower in Central Jakarta

Mori Building, a leading urban developer, today announced that it has begun constructing a 59-floor premium-grade office tower in the Sudirman area of Jakarta, Indonesia. The Jakarta Office Tower Proj

August 09, 2017 15:45

Greene, Tweed Receives Applied Materials 2017 Supplier of the Year Award

Greene, Tweed & Co. has been recognized with a 2017 Supplier of the Year Award in OEM commodity supply by Applied Materials, Inc. (Nasdaq: AMAT), the leader in materials engineering solutions used to

August 09, 2017 11:15

GA Telesis Announces Launch of $500 Million GAIN 2 Fund

GA Telesis, LLC (“GA Telesis”) and Wafra Capital Partners Inc. (“WCP Inc.”) jointly announced today that GA Telesis has raised a new $500 million investment vehicle from institutional and private clie

August 07, 2017 16:10

Edwards Launches Easy to Use P3 Handheld Vacuum Gauge

Edwards is introducing the P3 handheld vacuum measuring system. An easy to use, battery powered device with direct on-board display of measured pressure, which is ideal for on-site service calls and i

August 07, 2017 13:30

WeWork Announces $500 Million Investment For New Entity Focused on Growth and Expansion in Southeast Asia and Korea

WeWork is excited to announce a $500 million investment in a new entity focused on fueling its growth and expansion in Southeast Asia and Korea. This investment underlines the potential for WeWork

August 07, 2017 11:30

Vedanta Resources plc Announces Comprehensive Refinancing of US$ 1.8 Billion

Vedanta Resources plc (“Vedanta”, the “Company”, LSE: VED) today announced the pricing of an offering of bonds in the aggregate principal amount of US$1.0 billion of 6.125% Bonds due 2024 (the “Bonds”

August 07, 2017 11:15

Vedanta Resources plc Announces Expiration and Results of its Cash Tender Offers for Any and All of its US$ 774,772,000 6.00% Bonds due 2019 and US$ 900,000,000 8.25% Bonds due 2021

Vedanta Resources plc (the “Company” or “Vedanta”) (LSE: VED) today announced the expiration and results of its previously announced tender offers to purchase for cash (the “Tender Offers”) any and al

August 04, 2017 18:20

Hyosung Chairman & CEO Cho Hyun-joon Removes Communication Barriers and Builds Vitality in Organization

Hyosung Group Chairman Cho Hyun-joon took the CEO position on July 14, opening the era of a third-generation member of the founding family. Hyosung marks the 51st anniversary of its foundation this ye

August 04, 2017 11:25

General Cable Reports Second Quarter 2017 Results

General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended June 30, 2017. For the quarter, reported loss per share and reported operating loss were $1.42 and $23 million

August 03, 2017 16:50

Power Assist Suit Demonstration Experiment at the 2017 Para Powerlifting Japan Cup [Panasonic]

Panasonic Corporation and ATOUN Inc. (with headquarters in Nara City, Nara Prefecture; represented by Hiromichi Fujimoto) together conducted a demonstration experiment at the “2017 Para Powerlifting J

August 03, 2017 16:20

Tigo Internationally Recognized As Only MLPE Vendor With Certified Rapid Shutdown Solution For PV Module Manufacturers

Tigo®, pioneer of the smart modular Flex MLPE platform, today announced that its portfolio of Rapid Shutdown System (RSS) partners integrated with Tigo's TS4 platform has grown to 14 international mod

August 03, 2017 14:40

GA Telesis Announces Another $1 Billion of Funding Capacity to Support its Expanding Inventory Leasing Business

GA Telesis announced today the launch of a specialty finance unit, Structured Credit Products (SCP) to focus on structured financial solutions for airline, MRO, and OEM customers. The initial focus st

August 02, 2017 16:10

Edwards Launches New Range of Passive Gauges and Controllers for Specialized High Vacuum Applications

Edwards is introducing a new range of passive gauges and controllers to meet the needs of those customers with specialized applications across the high energy physics and ultra high vacuum sectors. Th

August 01, 2017 18:00

GA Telesis and Tokyo Century Corporation Launch $1 Billion New Technology Engine Leasing Initiative

GA Telesis and Tokyo Century Corporation announced today the launch of a new technology engine financing initiative focusing on a select group of new technology jet engines. GA Telesis has been an ind

August 01, 2017 13:50

Westinghouse Business Plan Includes Transformational Savings

Westinghouse Electric Company announced today that it has reached a critical milestone in the Chapter 11 bankruptcy process by submitting its five-year business plan to the company’s debtor-in-possess

July 31, 2017 14:00

Sagemcom Announces the Acquisition of Meter Italia S.p.A.

SAGEMCOM STRENGTHENS ITS POSITIONS ON THE MULTI-ENERGY MARKET, BY ACQUIRING METER ITALIA S.P.A, LEADER IN GAS METERING IN ITALY. As of July 27, 2017, Sagemcom becomes a 100% shareholder of Meter It

July 31, 2017 13:45

Foxconn and Rockwell Automation Announce Partnership to Implement Industry-Leading IIoT Solutions at Foxconn’s Consumer Electronics Assembly Operations

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, and Rockwell Automation announced today that they are collaborating to implement Connected Enterprise and Industrial Internet of Things (II

July 28, 2017 15:57

Hyosung Group Chairman & CEO Cho Hyun-joon to Better Serve IT Service Market through Partnership with Huawei

Hyosung ITX, an IT unit of Hyosung Group, announced on July 11 that it recently concluded sales partnership with Huawei, China’s global networking equipment maker, to better serve the IT market. Bo

July 26, 2017 17:55

Mitsui Chemicals Starts Accepting Applications on September 1st for 2018 Mitsui Chemicals Catalysis Science Award

Mitsui Chemicals Inc. (Location: Minato-ku, Tokyo; President & CEO: Tsutomu Tannowa) (TOKYO:4183) announced that Mitsui Chemicals Catalysis Science Award will begin accepting applications for the “201

July 26, 2017 11:40

Schlumberger Announces Second-Quarter 2017 Results

Schlumberger Limited (NYSE:SLB) today reported results for the second quarter of 2017. (To view the table, please visit https://goo.gl/sJRPHQ) *These are non-GAAP financial measures. See section

July 25, 2017 14:00

Great Lakes Brewing Company Quenches Increased Demand with Manufacturing Analytics Solution from Rockwell Automation

Craft beer is booming business in the United States, and even seasoned breweries are finding themselves looking for creative ways to keep up with thirsty consumers. Cleveland-based Great Lakes Brewing

July 21, 2017 19:30

Hyosung New Chairman & CEO Cho Hyun-joon Announces Expansion Plans; to Grow Business Based on Big Data Platform

Hyosung Group Chairman Cho Hyun-joon said he would actively expand service business based on big data and artificial intelligence from this year. Chairman Cho Hyun-joon said at a meeting of employe

July 20, 2017 18:30

ABB: Building Growth Momentum

SECOND QUARTER HIGHLIGHTS · Total and base orders grew 3%1; higher orders in all regions · Revenues up 1% · Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some ove

July 20, 2017 17:55

The Era of Chairman Cho Hyun-joon Begins at Hyosung

Hyosung Group, a leading textile manufacturer, announced that Chairman S.R. Cho resigned as CEO, effective July 14, 2017. Former Hyosung Group Chairman S.R. Cho said on July 14 that he would resign

July 19, 2017 09:50

Edwards Launches New Fully Mobile, Easy to Use Leak Detector

Edwards is launching the new ELD500 precision leak detector. It is designed for fast, accurate leak detection and is customisable for any application. Edwards’ ELD500 is ready to go in under two mi

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