Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...
PPG Industries reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 ...
Tags: PPG, Construction, Decoration
Akzo Nobel recently reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Zebra Technologies Corporation announced that it expects to report sales for the first quarter of 2014 in the range of $287,000,000 to $289,000,000, or 21 percent over the $236,937,000 in sales reported for the first quarter of 2013. ...
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
On April 14, Mika Seitovirta, CEO of Finland-based stainless steel producer Outokumpu, stated at the company's annual general meeting that in 2013 the weaker-than-expected market and the remedy requirement set by the European Commission ...
Tags: Outokumpu, stainless steel
European coatings companies have been hoping that this year would bring a revival in their domestic markets as the European Union economies, particularly those in the eurozone, started to show signs of recovery around mid-2013. But the ...
Tags: Construction, Decoration, Coating
Levi Strauss & Co. announced financial results for the first quarter ended February 23, 2014. Net revenues declined one percent on a reported basis and were flat on a constant-currency basis, reflecting lower sales at wholesale in the ...
Tags: Levis, women's products
Stanley Furniture Company, Inc. reported it will cease domestic furniture production in the factory that supports its Young America brand. “We have decided to cease manufacturing operations in Robbinsville,” said Glenn ...
Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...
Tags: Agriculture, Food
Automotive parts maker Commercial Vehicle Group (CVG) is set to close its production and warehouse plant in Tigard, Oregon by the end of December 2014. Currently, the company produces interior trim components such as instrument panels and ...
Tags: Commercial Vehicle, Tigard Production Plant, Automotive
Italy’s textile machinery sector displays its latest technology to Russian textile manufacturers at a technology seminar to be held in Ivanovo on 9 April. Raffaella Carabelli (President of ACIMIT): “Italian businesses are ready ...
German plate producer Dillinger Hütte has announced its financial results for 2013, stating that a weak economic environment and worldwide overcapacities placed extreme pressure on the heavy plate market. With utilization of capacities ...
Tags: plate producer, Dillinger Hutte, plate Price
ConAgra Foods, Inc., one of North America's leading food companies, today reported results for the fiscal 2014 third quarter ended Feb. 23, 2014. Diluted EPS from continuing operations was $0.58 as reported for the fiscal third quarter vs. ...
Tags: Agriculture, Food