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Daily news and top headlines for manufacturing professionals

CATENA And Intelsius Partnership Improves Software Solutions

September 9, 2014 2:19 pm | by The Associated Press | News | Comments

CATENA INC., an emerging leader in cold chain visibility and data aggregation technology, today announced it has entered into a strategic partnership with Intelsius, a subsidiary of DGP Life Science Ltd. Under the agreement, Intelsius will resell CATENA’s proprietary software solution and use CATENA’s professional services to provide...

Honda Selects Translations.com For Multilingual Website

September 9, 2014 9:40 am | by The Associated Press | News | Comments

Translations.com, the world’s largest privately held provider of language services and translation-related technologies, today announced the launch of Honda’s mobile website in Spanish. Translations.com provides Honda with language services and GlobalLink OneLink ® technology to support...

Rosetta Stone And Acesse Corporation Partner In Landmark Global Deal

September 9, 2014 9:24 am | by The Associated Press | News | Comments

Rosetta Stone Inc., the world's leading provider of education technology and language-learning solutions, today announced a partnership with Acesse Corporation to bring Rosetta Stone's award winning language solutions to more than 400,000 small business owners and entrepreneurs worldwide through...

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General Mills Announces Acquisition of Annie's

September 8, 2014 5:34 pm | by The Associated Press | News | Comments

General Mills, Inc. said today that it has entered into a definitive agreement to acquire Annie's, Inc., a leading U.S. producer of branded organic and natural food products with net sales of $204 million in its latest fiscal year (completed March 2014). Annie's will join General Mills' U.S. natural and organic products portfolio, which includes...

Global Cash Access Aquires Mulitmedia Games

September 8, 2014 11:38 am | by The Associated Press | News | Comments

Global Cash Access Holdings is getting into the casino gaming business, spending about $1.2 billion to buy Multimedia Games Holdings.Both companies make machines found on casino floors. GCA makes ATMs and cash-advance kiosks, while...  

GE Boosts Focus On Growing Industrial Core With Appliances Sale

September 8, 2014 11:06 am | by GE Report | News | Comments

GE will sell its Appliances business to Sweden’s Electrolux in a strategic move that boosts the focus on the company’s core industrial units. The $3.3 billion, all-cash deal follows GE’s recent bid to acquire the power and grid businesses of the...

Elextrolux To Buy GE Appliances In $3.3B Deal

September 8, 2014 10:16 am | by Karl Ritter, Associated Press | News | Comments

Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, and boosting its presence on the North American market, the companies said Monday. The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the...

A. C. Simmonds and Sons To Acquire Environmental Waste International

September 5, 2014 1:35 pm | by The Associated Press | News | Comments

A.C. Simmonds and Sons Inc. (ACS) and Environmental Waste International Inc. (EWS) announced today that a non-binding letter of intent has been entered into regarding the proposed acquisition of all of the issued and outstanding common shares of EWS by ACS in exchange for...

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Belkin Partners With OSRAM SYLVANIA For Smart Connected Lighting Ecosystems

September 5, 2014 12:15 pm | by The Associated Press | News | Comments

Belkin International, a leading Internet of Things company, and OSRAM SYLVANIA, a leading global lighting manufacturer, today announced that the two companies have entered into a strategic partnership to collaborate on residential solutions with the...

Chevron Phillips Chemical Sells Business For $220M

September 4, 2014 10:09 am | by The Associated Press | News | Comments

Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million. Chevron said that its Ryton polyphenylene sulfide operations are a better fit at Solvay Specialty Polymers USA LLC, which...      

Moleskine And Livescribe Partnership Suggests New Trend In Manufacturing?

September 3, 2014 6:02 pm | by Bridget Bergin, Associate Editor | Blogs | Comments

Earlier this week, Moleskine notebooks announced a partnership with the Livescribe smartpen to create a notebook that features the classic aesthetic of a Moleskine notebook alongside the technology of a smartpen. Livescribe paper technology hides within the iconic heavy, ivory sheets of Moleskine notebooks, giving...

Biopolymer Manufacturers Announce Name Change

September 3, 2014 5:23 pm | by The Associated Press | News | Comments

Following the merger of Meredian Inc., the world’s largest producer of PHA and DaniMer Scientific, an international corporation focusing on the development of sustainably produced, renewable, and biodegradable materials, the companies will operate under the name of their wholly owned subsidiary Meredian Holdings Group Inc., to be branded as...

DotCMS and Azul Systems Partner

September 3, 2014 3:23 pm | by The Associated Press | News | Comments

DotCMS, a leading provider of open source Enterprise Content Management Systems (CMS), and Azul Systems Inc. (Azul), the award-winning leader in Java runtime solutions, today announced that Azul Zing® is now certified with dotCMS, enabling dotCMS users to benefit from nearly unlimited...

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Volvo Finally Goes Domestic In China

August 27, 2014 9:23 am | by Chris Fox, Editor | Blogs | Comments

The Chinese auto market is the largest in the world, but most of the country’s autos are foreign – Now, a potentially successful domestic car has landed, from Sweden ...              

Technical Metal Finishing Acquired By Nasmyth Group

August 26, 2014 11:37 am | by Nasmyth Group | News | Comments

A supplier of precision engineering products and services worldwide, Nasmyth Group is pleased to announce its acquisition of the business and assets of Technical Metal Finishing Inc (TMF) to create ...        

Allergan Reviews Meeting Requests In Takeover Bid

August 25, 2014 1:04 pm | by Linda A. Johnson, AP Business Writer | News | Comments

Botox maker Allergan Inc. is reviewing shareholder requests for a special meeting to consider replacing most of its board, a change fellow drugmaker Valeant Pharmaceuticals International Inc. is seeking ...       

Roche To Buy U.S. Biotech Firm InterMune For $8.3B

August 25, 2014 10:05 am | by The Associated Press | News | Comments

Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases. The companies have reached ...         

Chip Maker Infineon To Buy California Firm For $3B

August 20, 2014 2:31 pm | by The Associated Press | News | Comments

German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based semiconductor firm International Rectifier, which produces power-management components used in everything from ...     

GE Ramps Up Industrial Base, Looks To Sell Appliance Unit

August 20, 2014 12:49 pm | by Mike Hockett, Associate Editor, Industrial Distribution | Blogs | Comments

For more than 100 years, General Electric has been a staple consumer appliance brand in American homes. Necessities like the electric toaster, refrigerator, and washer & dryer, helped make GE the conglomerate it is today. That's why eyebrows were raised ...

Fortune Brands To Sell Window Business For $130M

August 20, 2014 9:39 am | by The Associated Press | News | Comments

Fortune Brands Home & Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million. The deal is expected to close in October. Fortune Brands ...  

Ingersoll-Rand To Buy Cameron Unit

August 19, 2014 10:33 am | by The Associated Press | News | Comments

Ingersoll-Rand PLC said Monday that it has agreed to buy the centrifugal compression business from Cameron International Corp. for $850 million, as it looks to grow its compression business. The business makes equipment and parts that ...  

KPS Capital To Sell Waupaca Foundry For $1.3B

August 19, 2014 8:35 am | by The Associated Press | News | Comments

Private equity firm KPS Capital Partners plans to sell automotive industry supplier Waupaca Foundry Inc. to Japan's Hitachi Metals Ltd. for $1.3 billion in cash. Waupaca makes gray and ductile iron castings and supplies the ...     

Busch Precision Expands Operations, Adds Machine Tool Repair, Retrofitting Services

August 18, 2014 1:05 pm | by Busch Precision | News | Comments

Busch Precision, Inc. has acquired certain assets including two lines of business from Maintenance Service Corp. (MSC), a company based in West Allis, Wis. Under the terms of the agreement, the machine tool service and repair as well as the CNC retrofitting business will ...

Briggs & Stratton Buying Maker Of Light Towers

August 15, 2014 12:50 pm | by The Associated Press | News | Comments

Engine maker Briggs & Stratton Corp. is acquiring a Nebraska company that makes towable light towers, industrial heaters and solar-powered arrow boards. Milwaukee-based Briggs & Stratton said Thursday it agreed to ...    

Cerner Buying Siemens Health Services For $1.3B

August 6, 2014 3:03 pm | by Alex Veiga, AP Business Writer | News | Comments

Cerner Corp. is buying the health information technology business unit of German industrial conglomerate Siemens AG for $1.3 billion in cash.                    

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