Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources
The NYMEX June natural gas futures contract closed 10 cents higher at a $4.505/MMBtu settlement on Tuesday as the market eyed forecasts for above-normal temperatures into June that could curb storage refills. "What we're seeing is the ...
Tags: natural gas, NYMEX settlement
Over the next ten years, online retail will gain even more importance than expected so far – not just in developed countries, but also in emerging markets. Logistics will play a key role: it provides companies important competitive ...
Tags: DHL, Online Retailing
According to local authorities, HAZMAT teams and the Lorain Fire Department were dispatched to Lorain, Ohio-based Republic Steel Thursday after chemical fumes led to a plant evacuation. In a statement, the company identified the location ...
Tags: Republic Steel, Chemical Fumes
US-based Dannon, a subsidiary of Danone, has introduced new Dannon Oikos Greek Frozen Yogurt. The new product is available in six flavors comprising, Vanilla, Chocolate, Strawberry, Café Latte, Black Cherry, and Key Lime. Dannon ...
Tags: Frozen Yogurt, Dannon
Steel mills finalized their May scrap procurements in Ohio -- the last major US region to settle and the highest-priced -- late Thursday and into Friday, sources said. A majority of sales were concluded on a delivered mill basis at ...
Tags: Steel Mills, Ohio market
Cooper Tire & Rubber Co. announced a quarterly dividend of 10.5 cents per share on common stock, payable June 27, 2014. The dividend will be payable to stockholders of record at the close of business June 2, 2014. Cooper says this marks ...
Tags: Tyre, Tire, Auto Parts
Transactions between US steel mills and ferrous scrap dealers remained in line Wednesday -- the tail end of the May buying period -- with price levels seen earlier in the period. Shredded scrap sales remaining $15/lt below April ...
Tags: Steel Mills, Scrap
Highlander Partners, L.P., a Dallas-based investment firm, announces the sale of its portfolio company, SensoryEffects, to Balchem Corporation, a publicly-traded human and animal health and wellness company. The purchase price was $567 ...
Tags: Food Ingredient, Sensoryeffects
Trelleborg's new tire plant will supply ag tires to the original equipment and replacement markets in North America Trelleborg AB says it will build a $50 million radial agricultural tire plant in Spartanburg, S.C. Production is expected ...
Tags: Trelleborg, AG Tire
Top NFL Draft prospects Sammy Watkins of Clemson and Carlos Hyde of Ohio State have signed on as endorsers for the Three Stripes. The duo will join Adi's roster of nine NFL palyers led by the likes of quarterbacks Griffin III and Ryan ...
Graphic Packaging International has received approval from the Ohio Tax Credit Authority for a 40%, six-year tax credit for its expansion project. The company plans to create $708,864 in new annual payroll as part of the expansion project ...
American automaker General Motors is investing $50m to establish a new Trim Shop and upgrade its Press Room at the Lordstown Complex, Ohio, in order to support the build of the next-generation Chevrolet Cruze compact sedan. The company ...
Tags: General Motors, Chevrolet Cruze
Liqui-Box announced additional investments at their Ashland, Ohio production plant. Liqui-Box will incorporate and enhance their industry leading R&D laboratory within their Ashland, Ohio production facility and create a "Center of ...
Tags: Liqui-Box, Ohio production
The EPA announced its proposed decision to register Enlist Duo. Western corn rootworm resistance spreads, and mixing sites of action is key to fighting herbicide resistance, say experts. Enlist Duo reaches milestone in the regulatory ...
Tags: EPA, Agriculture, Food