GE Industrial Systems, a division of General Electric Company have just completed the acquisition of SI Pressure Instruments, a unit of Hill and Smith Holding.
They will now become part of GE Druck, a division of GE I...
Advanced ceramics manufacturer Ceradyne have just received a multi year commitment for the supply of sintered reaction bonded silicon nitride (SRBSN) engine components from their largest diesel engines customer.
The c...
BASF have acquired the Vistanex (TM) LM polyisobutylene business of Exxon Mobil. No details were released regarding the transaction which did not involve any manufacturing sites or personnel.
BASF already manufactures...
Following Alcan’s acquisition of VAW Flexible Packaging from Norsk Hydro. The purchase included shares in a number of companies throughout Europe and Asia.
As a result of the transaction, Alcan have acquired a 6...
StormRoom ™ by DuPont is new product that will protect people from the dangers projectiles generated by tornados. They can be integrated into residential homes to protect the occupants from such dangers.
StormRo...
In an announcement made at ISSTech 2003, the Iron and Steel Society’s annual conference, The Iron and Steel Society (ISS) and the American Institute of Steel Engineers intend to merge as of January 1, 2004.
The ...
ICI have announced the fist stage of a restructuring plan, aimed at saving the company £30million of sustainable bottom line savings by 2005.
The restructure however, will result in the loss of about 700 jobs. O...
GE have just completed their acquisition of International Fiber Systems (IFS). Conneticut-base IFS are suppliers of advanced, digital fiber optic transmission products and systems for electronic security and intelligent ...
Alcan has now completed the acquisition of VAW Flexible Packaging from Norsk Hydro for approximately 345 million Euro.
The acquisition strengthens Alcan’s position in the packaging market and provides them with ...
Following a UK asset review, Corus have decided to restructure their UK steel business to try and stem the loss making trend. The current round of restructuring is aimed at tailoring their business for local demand.
T...
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