Osram has reported a net income of €34 million for the 2013 financial year. Its EBITA (earnings before interest, taxes and amortization) earnings were up 31 per cent from €314 million in 2012 to €410 million for the year ...
Growth and clear profitability improvements in the fourth quarter Company targets further profitable growth on a comparable basis in 2014 Gross savings from Osram Push now expected at €1.2 billion Osram has fully achieved and ...
Janesville, Wis.-based sliver knitter Monterey Mills has acquired sliver knitter Glenoit Fabrics (TT) Corp. Inc., Tarboro, N.C., from the management group that has owned the company since 2009. Monterey plans to invest in Glenoit's ...
Tags: Glenoit Fabrics, Textile
Horst J. Kayser has been appointed the new head of strategy at Siemens, effective November 1, 2013. He succeeds Peter Herweck, who is to make Siemens a leader in the process industry. Janina Kugel, head of human resources at Osram, will ...
PPG Industries (NYSE:PPG) reported on Oct. 17 third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, ...
Tags: PPG Industries, Construction Glass
PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net income ...
Tags: PPG Industries, Textile
PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net ...
Tags: PPG, Construction, Decoration
AkzoNobel intends to introduce a streamlined management structure and new operating model for its Decorative Paints business in order to accelerate profitable growth in Europe and the high growth markets. The planned changes represent the ...
Tags: AkzoNobel, Deco Business
IC Companys has reorganized its Executive Board in order to create a more lean organizational structure and increase focus on its brands in the Premium segment. In the future all three Premium brands – Tiger of Sweden, By Malene ...
Tags: Lean Structure, Executive Board
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications
At its meeting, the Supervisory Board of Evonik Industries AG unanimously passed resolutions relating to the successful focusing of the Group on specialty chemicals and its future growth targets. Over the past five years Evonik has been ...
Tags: Evonik, Restructuring Operations
Microsoft is pursuing the ideal of OS platforms: a unified code base that runs from smartphones to servers, giving users a consistent experience across devices at home and at work, and developers a common tool set for building applications. ...
Tags: Computer Products, Microsoft
As of August 2013, DORIX GmbH - European leader in the production and sale of PA6 staple fibre products, with 2012 sales revenues of about EUR 15 million - will be operating under the new name of RADICI CHEMIEFASER GmbH. The company name ...
Tags: Textile, textile flooring
Andina Acquisition Corporation ("Andina") and privately-held Tecnoglass S.A. and C.I. Energia Solar S.A. E.S. Windows (sister companies under common management, collectively, "Tecnoglass") today jointly announced the signing of a definitive ...
Tags: Construction, Decoration, Solar
After announcing a reorganization in 2012, Bystronic Glass is nearly finished with its proposed changes, according to an Aug. 7 company press release. Both the strategic business unit for automotive glass and the machine service team for ...