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Company News
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Hickory Spring MFG. Realigned The Responsibilities of Several of Its Top Executives
Mar 18, 2013Components supplier Hickory Spring Mfg. has realigned the responsibilities of several of its top executives as part of a corporate restructuring announced last month. The restructuring involves the creation of four business units - ...
Tags: Light Industry, Daily Use
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The Members of Profitfreight Saw Savings of More Than $2 Million Last Year
Mar 18, 2013ProfitFreight, a division of retail technology company ProfitSystems that combines the buying power of its members to secure reduced freight rates, said its members saw savings of more than $2 million last year. ProfitSystems launched the ...
Tags: Furniture, Furnishing
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Carlo Ferro Is to Become CEO of ST-E Following The Resignation of CEO Didier Lamouche
Mar 18, 2013Carlo Ferro, formerly COO of ST-Ericsson, is to become CEO of ST-E following the resignation of CEO Didier Lamouche. Before joining ST-E, Ferro was CFO of STMicroelectronics.
Tags: Ericsson, Electrical, Electronics
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Asobi Has Announced It Has Exclusive Distribution Rights for a Brand New Baby Walker
Mar 18, 2013Asobi has announced it has exclusive distribution rights for a brand new baby walker. Didicar's new product, the Walk 'n' Ride, is a unique baby walker that doubles up as a ride-on, designed to provide support and stability to babies ...
Tags: asobi, didicar, baby walker
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ST-Ericsson Confers with Union Representatives About The Effects of Upcoming Job Cuts
Mar 18, 2013Today, ST-Ericsson confers with union representatives about the effects of upcoming job cuts as required by French and Italian law. Legally the company is obliged to consult with unions before it takes steps which will involve job cuts. ...
Tags: Ericsson, Consumer Electronics
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TISCO Supply New Stainless Steel Gas Pipes in 4 Specifications to Xishan Coal Electricity
Mar 18, 2013On March 15, Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) announced that it has supplied its new stainless steel gas pipes in four specifications to Shanxi-based Xishan Coal Electricity Group Co., and ...
Tags: Taiyuan Steel, steelmaker, steel
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Diversified Technology Company 3M Has Announced a Three-Year Agreement
Mar 18, 2013Diversified technology company 3M has announced a three-year agreement with refreshment service provider Cover Group. Under the terms, 3M's Purification division will be the preferred filter supplier to Cover Group offering expert ...
Tags: Filter Supplier, 3M, Manufacturing, Processing Machinery
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Anadigics Is Offering to Sell Shares of Its Common Stock
Mar 18, 2013GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA is offering to sell shares of its common stock in an underwritten public offering. Needham & Company LLC is acting as the sole ...
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Samsung's Galaxy S4 Was Revealed Last Night in New York with a Broadway Themed Launch
Mar 18, 2013Samsung's Galaxy S4 was revealed last night (14 March) in New York with a Broadway themed launch. The handset features what Samsung claims is the world's first Full HD Super AMOLED display and five-inch with 441ppi. The Galaxy S 4 also ...
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AK Steel Has Appointed Stephanie Bisselberg as Vice President,Effective April 1st,2013
Mar 18, 2013Reportedly, AK Steel has appointed Stephanie Bisselberg as Vice President, effective April 1st, 2013. She will replace Lawrence F. Zizzo’s who announced the retirement after 35 years career in the steel industry. Ms. ...
Tags: AK Steel, Steel, Steel Industry
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AHMSA Have Accepted a 6% Increase in Pay Following Collective Contract Negotiations
Mar 18, 2013Reportedly, unionized workers at Altos Hornos de Mexico, S.A. de C.V. (AHMSA), the largest integrated steel plant in Mexico, have accepted a 6% increase in pay following collective contract negotiations. The agreement was negotiated ...
Tags: AHMSA, steel plant, steel
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Tempur-Pedic's Acquisition of Sealy Will Provide New Opportunities for Many Employees
Mar 18, 2013ARCHDALE, N.C. — Tempur-Pedic's acquisition of Sealy will provide new opportunities for many employees of those two companies, their leaders say. They minimized talk of possible layoffs. "There will be opportunities for many ...
Tags: Light Industry, Daily Use
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Tempur-Pedic's Acquisition of Sealy Was Completed
Mar 18, 2013Tempur-Pedic's Mark Sarvary, left, and Sealy's Larry Rogers sit on a Sealy Posturepedic mattress at Sealy's headquarters in Archdale, N.C. ARCHDALE, N.C. — Tempur-Pedic's acquisition of Sealy, which creates a $2.7 billion global ...
Tags: Light Industry, Daily Use
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ThyssenKrupp AG Has Pointed Ulrich Leher as New Chairman of Its Supervisory Board
Mar 18, 2013ThyssenKrupp AG has pointed Ulrich Leher as new chairman of its supervisory board, replacing Gerhard Cromme who announced his resign last week. The Lehner would restructure the supervisory board and make corporate governance and compliance ...
Tags: Steel business, Steel, ThyssenKrupp
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POSCO Wants to Find Salt Lake to Produce Lithium at Low Cost
Mar 18, 2013Korean steel giant Posco is visiting Chile and Argentina in a bid to find salt lake to produce lithium at low cost. President and CTO of Posco, Ohjoon Kwon said that the company is flying to Argentina and Chile to talk about the energy ...
Tags: POSCO, steel giant, steel
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