Following the Chapter 11 restructuring of Carbide/Graphite Group, the sale of their Carbide Products Business Unit has been completed. Carbide Industries, a newly formed private company has purchased all the operating as...
Following a profitable period during September, National Steel has been granted an extension for lodging its plan for reorganisation. National steel recorded a $7.3 million profit in September to reduce their March throu...
Eaton Corp have consolidated their position in the aerospace market by purchasing the product lines, machinery, tooling and intellectual property of the Aerospace Division of Mechanical Products for an undisclosed sum.
...
American based metals distributor and processor, Metals USA has completed its financial restructuring and emerged from Chapter 11 Bankruptcy. Reorganisation plans were confirmed by the Bankruptcy court on October 18 and ...
Following the September 23rd announcement of ICI’s intention to sell off its Synetix businesses outside of India, the transaction has been completed. Johnson and Matthey have acquired the business at a cost of S...
Luggage manufacturer Samsonite have just sold their engineered plastics division for an undisclosed sum to Aegis Strategic Investment Corp.
The engineered plastics division manufactures injection moulded components fo...
American Superconductor have just manufactured and tested the rotor assembly for the first high temperature superconducting (HTS) ship propulsion motor. The motor is a prototype being manufactured for the UN Navy’s...
Lithium Metal Technology Inc, Limtech have signed a letter of intent to acquire key lithium carbonate assets from its principal competitor ILiON Technology. The acquisition of goodwill and technology will cost Limtech ap...
Composites manufacturer Maax have just finalised their acquisition of Aker Plastics. The transaction will cost Maax US$78 million.
Aker plastics are America’s third largest manufacturer of fibreglass bathroom pr...
American Superconductor Corporation, a leading developer and manufacturer of superconductor and power electronic based products for the electric power industry, today announced that it has acquired all of the assets of N...
Recent orders for an automated atomic force microscope (AFM) confirms the early acceptance of the technology by Japanese and US semiconductor manufacturers.
Veeco Instruments shipped the first Dimension X3D system in ...
State of the art railroad bearing technology and bearing materials are now helping in the restoration of a 1942 railroad locomotive.
The Great Smoky Mountains Railroad, recently refurbished engine No. 1702. "We r...
TVR now employ SP Systems SPRINT® Carbon Fibre Composite material as the body panels for their Tuscan R sportscar
With a mass of less than 1000kg, the Tuscan R is reported to have excellent track behaviour and reinfor...
IBM Scientists have built and operated the world's smallest working computer circuits using an innovative new approach in which individual molecules move across an atomic surface like toppling dominoes.
The new &q...
It was announced today that Corus will sell its Aluminium Rolled Products and Extrusions businesses.
The sale to Pechiney, the worlds fourth largest aluminium producer, for £543m ($841m) ensures the survival of ...
News Categories