Indian steelmaker Tata Steel has announced that New Zealand-based Steel & Tube Holdings Ltd has agreed to acquire Tata Steel International Australasia Ltd (TSIAL) on April 14, 2014 for a cash consideration of NZ$27.5 million (23,8 million ...
Tags: Steel, Tube, Steel Subsidiary
Minera Autlán reported this week earnings guidance for the first quarter of 2014, which indicated that the company expects a 32 percent increase in operating cash flow, mainly driven by its energy division. The energy division has ...
Tags: Minera Autlán, EBITDA
The Dixie Group has completed the previously announced acquisition of Atlas Carpet Mills, a manufacturer and marketer of commercial floorcovering products located in Los Angeles. The acquisition was completed for an aggregate purchase ...
Tags: Dixie Group, Atlas Carpet Mills
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 ...
Nexen Tire has signed on as an EnduroCross sponsor for the upcoming 2014 GEICO AMA EnduroCross, fueled by Monster Energy and presented by Lucas Oil series. Nexen will be offering cash incentives to the high-intensity starts with a $500 ...
Tags: tire, tyre, Auto Parts
Solar cell maker Neo Solar Power has reported consolidated revenues of NT$2.518 billion (US$82.9 million) for March, hitting a monthly company record. Neo Solar's January-March consolidated revenues totaled NT$7.277 billion, hiking ...
Tags: Solar Power, Solar cell, solar cell makers
Colombian exports of ferronickel, a processed metal used in the manufacture of stainless steel, totaled 10,516 mt in February, up 46.3% from the 7,187 mt shipped in February 2013. The month's export volume, however, was down 18.1% from ...
Tags: ferronickel, stainless steel, Cerro Matoso
Hillshire Brands, a US-based food company, plans to close its manufacturing facility in Florence, Alabama, a move which will result in about 1,100 job cuts. In a regulatory filing, the company said that continuing operations at the plant ...
Tags: Hillshire Brands, food company
B&G Foods, a US-based manufacturer of branded shelf-stable foods, has signed a deal to acquire Specialty Brands of America from American Capital and certain individuals for $155m in cash. Specialty Brands of America is a packaged food ...
Tags: B&G Foods, Specialty Brands, Evercore Group
Sears Holdings Corporation announced that its pro-rata spin-off of Lands' End, Inc. ("Lands' End") from Sears Holdings closed on April 4, 2014. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin ...
Tags: Sears Holdings, Lands'End Business
Plastic packaging manufacturer Petainer has extended its product portfolio with the launch of the new recyclable polyethylene terephthalate (PET) jar, petainerJar for food industry. According to the company, the new jar with barrier ...
Tags: Plastic packaging, Packaging, Printing, food packaging
After reporting revenue for full-year 2013 in late January, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has now reported its full earnings figures. ...
Tags: Riber MBE, Electrical, Electronics
Singapore 380 CST high sulfur bunker fuel prices dipped to a 21-month low of $586/mt Wednesday, on the back of weak demand and bearish crude. The outright price was last lower June 29, 2012, when it was $578.50, Platts data showed. ...
Tags: fuel, Metallurgy, Mineral, Energy
Jos. A. Bank Clothiers, Inc. announced that adjusted earnings per diluted share were $1.07 for the fourth quarter of fiscal 2013, representing a 9% increase compared to adjusted earnings per diluted share of $.98 in the fourth quarter of ...
Tags: Jos A Bank, EPS
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market