Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2016 first quarter ended June 30, 2015, highlighted by strong LED sales and ...
Tags: Orion Energy Systems, energy-efficient lighting, LED lighting
Scientists are tapping into photographs taken by astronauts aboard the International Space Station (ISS) to reliably measure the amount of light pollution worldwide. This study not only includes the well-known signatures of cities and ...
IGM Resins has received €25m in unitranche loan from H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital. The funds were used to refinance an equity capital bridge facility invested to fund a strategic ...
Tags: IGM Resins, food packaging, wood coatings
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
As of Aug. 21, 2015, 14 Chinese manufacturers have released their financial results for the first half of 2015. Some have become more profitable, while others have continued to incur heavy losses. LEDinside takes a closer look into these ...
For third-quarter 2015, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $68.7m, down on $114.4m a year ago, negatively impacted by continuing erosion in relevant underlying ...
Tags: chemical products, metal
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
It's hard to escape the positive vibe that is currently circulating within the optics industry. As well as publishing record results in quarter one, many of the industry's big hitters have also published encouraging growth forecasts for ...
Tags: optics industry, cosmetic medical systems, semiconductor tools
An outbreak of cautious optimism in optics and laser markets is fueling the hope that the economic slowdown may be over. Not all vendors are cheerful however, with the order books of some in the materials processing sector continuing to ...
US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
Chinese President Xi Jinping paid a four-day state visit to Britain from Oct 20 to 23, during which the two countries signed cooperation agreements worth a combined 40 billion pounds, including Chinese investment in a British nuclear power ...
Tags: China-Britain Rapport, closer ties
US-based agribusiness company Archer Daniels Midland Company (ADM) has completed the acquisition of some assets of Eaststarch C.V., which is ADM’s 50-50 joint venture with Tate & Lyle. Tate& Lyle is a UK-based agribusiness which ...
Tags: ADM, corn wet milling, Corn business
Luxembourg-based glass and metal products firm Ardagh Group is delaying its previously planned initial public offering (IPO) for its wholly-owned subsidiary Oressa citing challenging IPO market conditions. Announced in June this year to ...
Tags: glass, metal products, metal can packaging
The US deficit, down from the $1 trillion-plus levels of Obama's first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring ...
Tags: budget deficit, tax rates
The European Commission is seeking comments on whether the shareholding of Netherlands-based commodities trading group Trafigura in Belgium-based zinc and lead producer Nyrstar amounts to the company taking "de facto sole control" of ...