Mullen Group announced this week its board has approved its 2014 capital budget of $100 million, about $25 million of which will be allocated to its trucking/logistics segment. The funds will be used to buy new trucks, trailers and ...
Tags: Transportation, Auto Parts
Kicking off an initiative to better bridge cloud services with its own software, Oracle has released an adapter that allows organisations to copy data between their Salesforce.com accounts and Oracle software. The?Oracle Cloud Adapter for ...
Tags: Computer Products, Electrical, Electronics
EVANSVILLE, Ind. -- Accuride announced today a realignment of its sales and marketing organization in an effort to streamline its management and cost structure. The realignment creates greater P&L accountability for Accuride Wheels and ...
Tags: Accuride, sales and marketing organization, realignment, appointment
Christian Schraft has been appointed the new president of Havells Sylvania Europe. Schraft joins the business having spent 20 years with Osram and Siteco in a variety of senior management roles. He was CEO of Lighting Electronics & ...
Tags: Christian Schraft, appointment, Havells Sylvania Europe, president
RPM International Inc. today reported record sales, net income and diluted earnings per share for its fiscal 2014 second quarter ended November 30, 2013, driven by volume increases in both its industrial and consumer segments and improved ...
Tags: RPM Reports, Construction
G&K Services, Inc announced that it has sold its direct sale program business. Separately, the company also divested its operation in Ireland, which was the company’s last remaining clean room business. Total proceeds from the sales ...
Tags: G&K, Direct Sale Program Business
In recent years, based on its main steel business, Baosteel Metal Bao-hydrogen has gradually commercialized its products to the society, expanding new application field and clients, which obtains great effect. Up to now, its high purity ...
Tags: steel, metallurgy
Russian steelmaker Severstal, one of the world's leading steel and steel-related mining companies, has announced that its Cherepovets Steel Mill has completed capital maintenance of its converter No. 2. This project with an estimated total ...
Tags: steel, metallurgy
Intel is taking steps to acquire wireless assets in order to compete with chip rivals such as Qualcomm and Mellanox in the mobile device and data centre market. Intel on Monday announced that it had agreed to buy the wireless assets of ...
Tags: Mindspeed Technologies, Intel
Bechtel has been selected by BHP Billiton to provide engineering, project management, and construction services for a system that will bring a sustainable water supply to the Escondida copper mine in the Atacama Desert of northern Chile. ...
Power Engineering magazine has awarded Bechtel and Florida Power & Light Company (FPL) the 2013 Nuclear Project of the Year Award. The companies won for the extended power uprates at the St. Lucie and Turkey Point nuclear plants, located ...
Tags: Metallurgy, Mineral, Energy
Following the transaction concluded with German steel giant ThyssenKrupp for the divestment of Italian mill Terni and the high performance alloy unit VDM, Finland-based stainless steel producer Outokumpu has stated that with this ...
Tags: steel, metallurgy, price
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
The Dow Chemical Company detailed the scope of a separation of a significant portion of its chlorine value chain. These assets are being carved out for future transactions, and represent up to $5 billion of total annual revenue, inclusive ...
Tags: Construction, Decoration
Cape plc is pleased to announce that its wholly owned subsidiary Cape Australia Onshore has entered into an agreement with Bechtel for the provision of Painting, Insulation and Fireproofing Services on the Chevron-operated Wheatstone ...
Tags: Metallurgy, Mineral, Energy, oil