Atlas Copco inaugurated a new manufacturing facility in China. The new factory will produce high-efficiency compressors and generators, meeting the growing demand for such industrial equipment throughout Asia. The new plant, located in ...
X-Rite Inc. has announced that Ron Voigt has been named president of the operating company. Related to this announcement, Tom Vacchiano announced his retirement as president of X-Rite, effective on 1 March 2013. To help with the ...
Tags: X-Rite, Ron Voigt, company news
The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
Enterprise Connect services have been extended to the (freight) transport and logistics sector to assist more small and medium businesses develop the skills, knowledge and capability to realise their growth potential. Businesses in the ...
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
Ugur Dalbeler, chairman of IREPAS, the global association of producers and exporters of long steel products, as well as CEO of Turkish steelmaker Colakoglu Metalurji, has said that in 2013 the main problem in the steel industry will ...
Tags: steel products, steel, steel industry
UBM Asia announces that it has signed a binding agreement with NOVO Mania Limited, the organiser of NOVOMANIA, to acquire this annual urban fashion event in Shanghai. Upon completion, UBM will own 60% of a joint venture company, with NOVO ...
AIXTRON SE (FSE: AIX; NASDAQ: AIXG) a leading provider of deposition equipment to the global semiconductor industry announced that Paul Hyland, AIXTRON SE’s President and CEO will leave the Company by mutual agreement with effect as ...
For fourth-quarter 2012, Inc of Bensenville, IL, USA, which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries, has reported revenue of $20m, up slightly on $19.9m last quarter ...
Tags: LEDs, LED market, LED customer
Daimler subsidiary Mercedes-Benz Research and Development India (MBRDI) has opened its new site in Bangalore. The new site is a part of company's Mercedes-Benz 2020 growth strategy and expects to increase its knowledge in the Group ...
Tags: Daimler, Mercedes-Benz, MBRDI
Aixtron SE (FSE: AIX; NASDAQ: AIXG), the Germany-based manufacturer of deposition equipment for LED materials growth, has appointed a new CEO. Paul Hyland, the company’s current president and CEO, will leave effective February 28, ...
Tags: LED materials, LED, LEDs
The luxury segment in Germany is booming thanks to its considerable strengths. High quality, technological innovation and unique design demonstrate the expertise of luxury companies and their employees. These virtues are paying off: all ...
Despite increasing competition, Europe-based lighting firm Philips reported an on-year revenue growth of 10.5% for its lighting business unit in 2012. In 2013, the business unit's revenues are predicted reach EUR8.78 billion (US$11 ...
Tags: Philips, LED Lighting, industry Revenues
Rubicon Technology, Inc. has reported financial results for its fourth quarter ended December 31, 2012. The Company reported fourth quarter revenue of $20.0 million as compared with $19.9 million in the prior quarter. Revenue from ...
Tags: Rubicon Technology, LED market, LED
Coming on the heel of the resignations from Holger Jürgensen (deputy chairman of the supervisory board) and Karl-Hermann Kuklies (ordinary member of the supervisory board) of Aixtron, the company has announced that Paul Hyland, ...
Tags: Aixtron, CEO, Paul Hyland, LED, lighting industry