The Weir Group PLC (?Weir?) announces that Lord Smith of Kelvin will step down as Chairman, and from the Board, with effect from 31 December 2013. Lord Smith has been in the role since 1 July 2002. The Board is pleased to announce the ...
Tags: Lord Smith, Weir Group, Processing Machinery
Gamma Holding NV has sold its Clear Edge Filtration business unit to the Chicago-based Filtration Group Corp. Filtration Group, which is owned by Madison Capital Partners, is a collection of more than 10 specialized filtration companies. ...
BauschLinnemann North America has bought the remaining shares in BauschLinnemann South Carolina in two instalments. The firm is part of Surteco SE’s Paper division. BauschLinnemann South Carolina was created at the start of November ...
Tags: Bauschlinnemann, Construction
Safelite Group is acquiring substantially all of the auto glass division assets of Maryland-based Royal Glass Co., excluding the tire-related business. Royal Glass has six locations in Alexandria, Va., Capitol Heights, Md., Prince Fredrick, ...
Tags: Royal Glass, Glass
Taiwan 2.0 is taking shape on this industrious island with a generation of factory founders nearing retirement, clearing the way for their children to assume new leadership roles. It's a transition phase that is natural, given the fact ...
Tags: taiwan, Transportation, bike
Many tech companies have called for Congress to ease restrictions on high-skill immigration because they can't find qualified tech workers to fill open positions. Yet, many veteran IT tech workers say they can't find jobs. More than a ...
Tags: Veteran Tech, Computer Products
US-based Lineage Logistics has commenced operations two cold storage facilities in Arlington and Murfreesboro, Tennessee on behalf of Rich Products Lineage’s management team. The Arlington warehouse was constructed in 2005 and it ...
Armed with a contract to build chips for Sony's PlayStation 4 gaming console, Advanced Micro Devices has now officially established a custom-chip business unit in an effort to break away from its heavy reliance on the slumping PC market. ...
Tags: AMD, Chip Business, PCs
Box of Awesome (which also has Box of OMG for girls) has acquired kids' swap site Swapit to become SuperAwesome. Despite having a truly awesome name, the company says it is now 'the UK's leading kids discovery platform'. Launched ...
Tags: Toy
Markel Corporation, a US based financial holding company, has completed purchasing Bermuda-based Alterra Capital in a deal valued at nearly $3.13bn in a cash and stock deal. Originally signed on 19 December 2012, the transaction was ...
Tags: Markel, Alterra Acquisition
The California-based assembler of the Chinese-made Coda electric car has filed bankruptcy. Coda Holdings, Inc. filed a voluntary petition for Chapter 11 bankruptcy protection with the District of Delaware overnight, which is intended to ...
Tags: electric vehicles, Coda Files
Cache Inc., a specialty chain of women’s apparel stores, announced that Arnold P. Cohen has joined the Company as Executive Vice President, Chief Marketing Officer. Mr. Cohen joins Cache with over 30 years experience working with ...
Tags: apparel stores, apparel
Medical device company Topera has secured $25m in Series C financing round led by a new investor New Enterprise Associates (NEA). A new strategic industry partner and the company's existing investors and the management team have also ...
Tags: Topera, Series C Financing
The Children's Place Retail Stores, Inc. the largest pure-play children's specialty apparel retailer in North America, announced that Michael Scarpa, Chief Financial Officer, has also been appointed Chief Operating Officer, effective ...
Tags: Place Retail, apparel retailer, apparel
PPG Industries’ aerospace business celebrated 4,000 consecutive days of manufacturing safety yesterday at its Application Support Center in Suzhou (ASC-Suzhou). The facility was recognized by the Suzhou New District Work Safety ...
Tags: PPG, Construction