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Contract Extension
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Magna International to Manufacture New BMW 5 Series
Sep 20, 2016Magna International will manufacture the new 5 Series sedan for the BMW Group at its contract Graz vehicle assembly facility in Graz, Austria. The production, which is expected to begin in 2017, will be split with BMW Group's ...
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HexaTech Accquires Energy Funding from DOE
Nov 13, 2015HexaTech Inc. announced today that it has received a continuation of funding under the U.S. Department of Energy's Advanced Research Projects Agency (ARPA-E) development program. The cost-share extension is valued at $1.2 million over 1 ...
Tags: HexaTech, AlN, semiconductor
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US Air Force Awards Cree's Power and RF Division $4.1m Contract Extension
Sep 14, 2015The US Air Force has awarded Cree Inc of Durham, NC, USA, which makes silicon carbide (SiC) and gallium nitride (GaN) wafers and devices as well as LEDs, a $4.1m follow-on contract, enabling qualification of a high-performance power ...
Tags: GaN wafers, SiC
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Mexican Football Federation and Adidas Announced The Extension of Strategic Partnership
Aug 15, 2014The Mexican Football Federation and Adidas announced the extension of their strategic partnership until 2022. The extension agreement comes as a result of the close relationship between both parties since 2007. "We are very pleased to ...
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YRC Has Completed $1.15 Billion in New Financing, Including Term and Asset-Backed Loans
Feb 14, 2014YRC Worldwide Inc. said it has completed $1.15 billion in new financing, including term and asset-backed loans that will reduce borrowing costs by $40 million to $50 million annually and extend debt maturities to 2019. The $700 million ...
Tags: Transportation
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YRC Teamsters Voted to a Four-Year Contract Extension Through 2019
Feb 10, 2014Teamsters union members at YRC Worldwide Inc. voted to a four-year contract extension through 2019, which the carrier called a “key ingredient” toward refinancing $1.4 billion in debt. The result was announced Jan. 26 after ...
Tags: YRC, Teamsters union
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YRC Worldwide's Truck Drivers,Workers Have Rejected Expansion of Labour Contract
Jan 13, 2014YRC Worldwide's truck drivers and other employees, represented by Teamsters Union, have rejected a proposal to extend the current labour contract to 2019. Members voted over the past several weeks and ballots were counted Thursday. The ...
Tags: Transportation, Auto Parts
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YRC Rejected a Contract Extension Which Was Crucial to Refinancing Its Debt
Jan 13, 2014YRC Freight Teamsters at YRC Worldwide Inc. rejected a contract extension that the company said was crucial to refinancing its debt and ensuring long-term stability. The union announced the results of the vote late Jan. 9. A total of ...
Tags: YRC, contract extension, refinancing, teamsters, vote
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BP Norway Has Extended The Contract for The Jack-up Maersk Reacher
Jan 6, 2014BP Norway has extended the contract for the jack-up Maersk Reacher by two years from September 2014 to September 2016.BP Norway holds options to further extend the contract by up to additional four years until September 2020.The estimated ...
Tags: BP Norway, jack-up Maersk Reacher, contract extension, Maersk Drilling
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Prosafe Has Been Awarded a Contract Extension by Petrobras Netherlands B.V.
Dec 11, 2013Prosafe has been awarded a contract extension by Petrobras Netherlands B.V. (Petrobras) for the provision of the Safe Concordia semi-submersible vessel for safety and maintenance support offshore Brazil. The firm period of the contract ...
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Statoil & NASA Team to Explore How Technologies & Knowledge Can Be Relevant to Each Other
Nov 28, 2013Statoil and the National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the space and oil and gas industries can be relevant to one another. Statoil and NASA have ...
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BioteQ Has Secured a Three Year Contract for Water Treatment Services at Quebec Mine
Nov 27, 2013Canada's BioteQ Environmental Technologies Inc has secured a three year contract extension for water treatment services at the Glencore Raglan mine in Northern Quebec. BioteQ designed and operates two nickel removal plants applying its ...
Tags: BioteQ, Contract, Glencore Raglan mine, water treatment services
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Clough AMEC Has Been Awarded a Two Year Contract Extension by ConocoPhillips
Nov 25, 2013Clough AMEC has been awarded a two year contract extension by ConocoPhillips to provide operations and maintenance services to the Bayu-Undan facilities, located in the Timor Sea. The contract extension has an estimated value of AU$150 ...
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AkzoNobel Has Signed a 5-Year Contract Extension with Orange Business Services
Oct 10, 2013AkzoNobel has signed a multimillion euro, 5-year contract extension with Orange Business Services. The agreement covers secure and scalable IT infrastructure services that will support AkzoNobel in reaching its objectives as a global ...
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NG Baily Will Continue to Manage Ministry of Defence (MoD) Voice and Data Networks
Sep 24, 2013IT services provider NG Baily will continue to manage Ministry of Defence (MoD) voice and data networks after being awarded an extension to its contract by BT. The extended contract will see NG Baily responsible for taking care of ...
Tags: IT services, Computer Products