Flowserve Corp’s Mark Blinn is planning to retire as president, chief executive officer and a member of the board of directors. Blinn, who joined Flowserve in 2004 and was named CEO in 2009, will continue to serve as president and ...
Tags: Flowserve, Mark Blinn, retire
New York-based farming startup BrightFarms has raised $30.1m Series C funding to expand its presence in the US by introducing more commercial-scale fresh, healthy, local and sustainable produce. The funding is led by equity firm Catalyst ...
Tags: BrightFarms, greenhouses expasion
Nearly three quarters of U.S. architects say the health impacts of buildings are influencing their design decisions. That finding parallels a strong market demand by building owners, with a solid two-thirds surveyed also reporting that ...
Power management company Eaton today announced a collaboration with CIMCON Lighting, Inc., a global leader in intelligent, web-based wireless outdoor lighting management systems. The collaboration combines Eaton’s broad range of ...
Tags: Eaton, CIMCON Lighting, smart cities
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
Prolamina, a division of ProAmpac and a global flexible packaging company, completed its Westfield, Massachusetts facility with a ribbon-cutting ceremony. More than 100 Prolamina employees, numerous friends, and state and local officials ...
Tags: Prolamina, ProAmpac, new facility
Consolidated same store sales increased by 0.5 per cent while while consolidated net sales dipped $11million. Toys R Us has reached an agreement to refinance its 2017 notes and a portion of its 2018 maturities amid a mixed bag of ...
Tags: Toys R Us, financial results
First Solar Inc of Tempe, AZ, USA – which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – says that, following its leadership ...
Tags: First Solar, Thin-film photovoltaic, CdTe
CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
Sydney Airport has unveiled Australia’s first electric airport bus, as part of a $5 million investment in environmentally friendly ground transport technology. The Electric Blu bus is the first of a fleet of six electric buses to be ...
Australia’s first fully driverless and electric shuttle bus, the RAC Intellibus, has started the on-road stage of its trial in South Perth. The RAC Intellibus will carry passengers and interact with traffic, parked cars, cyclists ...
Tags: RAC Intellibus, driverless and electric shuttle bus, South Perth
US-based snack maker Snyder's-Lance has announced that its subsidiary Kettle Foods will acquire the remaining 74% stake in Metcalfe's skinny. However, the financial details of the transaction were not disclosed. In January, Kettle Foods ...
EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers for 600V high-electron-mobility transistor (HEMT) power and RF devices, says that ...