Manufacturing

Kinos Medical Merges with restor3d

Saturday, May 15, 2021 - 1:42am

b'restor3d is pleased to announce an exciting merger with Kinos Medical, a leading total ankle replacement company.\nrestor3d (Durham, NC), a leader in patient-specific 3D printed implants, is pleased to announce an exciting merger with Kinos Medical, a leading total ankle replacement company.

Key Points: 
  • b'restor3d is pleased to announce an exciting merger with Kinos Medical, a leading total ankle replacement company.\nrestor3d (Durham, NC), a leader in patient-specific 3D printed implants, is pleased to announce an exciting merger with Kinos Medical, a leading total ankle replacement company.
  • restor3d (Durham, NC), was founded with a mission to enable surgeons to repair and reconstruct the human body using 3D printing technologies, advanced biomaterials, and artificial intelligence.
  • The Axiom total ankle is the first biomechanically accurate implant on the market, offering motion in all three anatomic planes, as is seen in the natural ankle,\xe2\x80\x9d said Brian Garvey, CEO of Kinos Medical.
  • Leveraging expertise and experience in 3D printing of key biomedical materials spanning a wide range of properties, restor3d seeks to improve medical device solutions.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005572/en/\n'

Scott’s Liquid Gold-Inc. Reports First Quarter Results

Friday, May 14, 2021 - 10:10pm

And last month, Mark Goldstein retired as CEO after 43 years with the company.

Key Points: 
  • And last month, Mark Goldstein retired as CEO after 43 years with the company.
  • Pedrazzini said, \xe2\x80\x9cI have spent most of the first few weeks in my new role meeting with employees and speaking with customers.
  • We have a strong portfolio of brands, a dedicated team, and fantastic distribution through our longstanding relationships with many of America\xe2\x80\x99s top retailers.
  • Our products deliver high-quality, proven results that are supported by best-in-class consumer ratings and reviews.

Cabot Corporation Board Declares Dividend

Friday, May 14, 2021 - 10:15pm

b"On Friday, May 14, 2021, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporation\xe2\x80\x99s common stock.

Key Points: 
  • b"On Friday, May 14, 2021, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporation\xe2\x80\x99s common stock.
  • The dividend is payable on June 11, 2021, to stockholders of record at the close of business on May 28, 2021.\nCabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts.
  • The company is a leading provider of carbon black , specialty carbons , activated carbon , elastomer composites , inkjet colorants , masterbatches and conductive compounds , fumed silica and aerogel .
  • For more information on Cabot, please visit the company\xe2\x80\x99s website at cabotcorp.com .\nSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties.

Danimer Scientific Announces Redemption of Public Warrants

Friday, May 14, 2021 - 9:59pm

At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.\nThe Public Warrants may be exercised by the holders thereof until 5:00 p.m. New York City time on the Redemption Date to purchase fully paid and non-assessable shares of Common Stock underlying such warrants, at the exercise price of $11.50 per share.

Key Points: 
  • At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.\nThe Public Warrants may be exercised by the holders thereof until 5:00 p.m. New York City time on the Redemption Date to purchase fully paid and non-assessable shares of Common Stock underlying such warrants, at the exercise price of $11.50 per share.
  • Danimer\xe2\x80\x99s technology can be found in a vast array of plastic end products that people use every day.
  • Danimer now holds more than 150 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005546/en/\n"

nVent Announces Share Repurchase Authorization

Friday, May 14, 2021 - 9:23pm

b'nVent Electric plc (NYSE:NVT) (\xe2\x80\x9cnVent\xe2\x80\x9d), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares.

Key Points: 
  • b'nVent Electric plc (NYSE:NVT) (\xe2\x80\x9cnVent\xe2\x80\x9d), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares.
  • The program begins on July 23, 2021, upon the expiration of nVent\xe2\x80\x99s current share repurchase programs.
  • As of March 31, 2021, the company had approximately 168 million common shares outstanding.\nThe authorization does not constitute a commitment to repurchase shares.
  • nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005533/en/\n'

Westlake Chemical Corporation Declares Quarterly Dividend

Friday, May 14, 2021 - 9:15pm

b"The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the first quarter of 2021.

Key Points: 
  • b"The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the first quarter of 2021.
  • This dividend will be payable on June 9, 2021, to stockholders of record on May 25, 2021.\nThis is the 67th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.\nWestlake is a global manufacturer and supplier of materials and innovative products that enhance life every day.
  • Headquartered in Houston, we provide the building blocks for vital solutions \xe2\x80\x94 from packaging and healthcare products to automotive and consumer goods, to building and construction products.
  • For more information, visit the company's web site at www.westlake.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005510/en/\n"

H&E Equipment Services Reports Quarterly Cash Dividend

Friday, May 14, 2021 - 9:05pm

b'H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend to be paid to its stockholders.

Key Points: 
  • b'H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend to be paid to its stockholders.
  • The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on June 18, 2021 for stockholders of record as of the close of business on June 2, 2021.\nThe Company is one of the largest integrated equipment services companies in the United States with 104 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions.
  • The Company is focused on heavy construction and industrial equipment and rents, sells and provides parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial platform equipment; (2) cranes; (3) earthmoving equipment; and (4) material handling equipment.
  • By providing equipment rental, sales, on-site parts, repair and maintenance functions under one roof, the Company is a one-stop provider for its customers\xe2\x80\x99 varied equipment needs.

Columbus McKinnon Completes Successful Debt Refinancing

Friday, May 14, 2021 - 8:15pm

The new financing also includes a $100 million, five-year revolving credit facility with a springing first-lien net leverage covenant.

Key Points: 
  • The new financing also includes a $100 million, five-year revolving credit facility with a springing first-lien net leverage covenant.
  • The facility provides a permanent capital structure that is flexible and low cost.
  • Key products include hoists, crane components, precision conveyor systems, actuators, rigging tools, light rail workstations, and digital power and motion control systems.
  • The Company assumes no obligation to update the forward-looking information contained in this release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005503/en/\n"

GeoInsight Added to National Platform

Friday, May 14, 2021 - 7:10pm

With the addition of GeoInsight, the combined company now also offers clients Environmental Health & Safety (EHS) and compliance services on a national scale.\nGerry Salontai, CEO of the platform, explained, \xe2\x80\x9cGeoInsight brings additional leadership to the platform, a great culture fit and a complementary set of capabilities to further solidify our presence in the Eastern US, while adding a strong EHS practice to our business.

Key Points: 
  • With the addition of GeoInsight, the combined company now also offers clients Environmental Health & Safety (EHS) and compliance services on a national scale.\nGerry Salontai, CEO of the platform, explained, \xe2\x80\x9cGeoInsight brings additional leadership to the platform, a great culture fit and a complementary set of capabilities to further solidify our presence in the Eastern US, while adding a strong EHS practice to our business.
  • At GeoInsight, we are excited about this partnership and the ability to bring additional resources to our existing clients, as well as the opportunity to introduce our talented and committed staff to a broader set of clients across a national footprint.\xe2\x80\x9d\nGeoInsight President, Brian Kisiel, offers, \xe2\x80\x9cThis new venture offers GeoInsight the chance to bring what we do best to a whole new level.
  • GeoInsight will continue to do great technical work while building and maintaining its long-term relationships with our business partners and our clients, which is the essence of who we are.
  • Ashley Chang, Vice President and member of the founding team at RTC, said, \xe2\x80\x9cWe are very pleased to welcome the entire GeoInsight team to the platform.

Outlook on the Automotive Electrical Connectors Global Market to 2028 - Rising Development in Battery Systems Presents Opportunities - ResearchAndMarkets.com

Friday, May 14, 2021 - 5:47pm

b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.

Key Points: 
  • b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.
  • Also, owing to increased adoption of passenger cars, the Asian market is expected to witness massive growth in the automotive electrical connectors market during the forecast period.
  • Therefore, the adoption of automotive electrical connectors to improve power transmission of vehicles is rising in these countries.
  • This factor encourages automotive electrical connector providers to increase their focus on developing or innovating automotive electrical connectors with a high voltage range.\nThe overall automotive electrical connectors market size has been derived using both primary and secondary sources.