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Honeywell increases dividend
According to the announcement, the increased regular quarterly dividend rate will be effective starting with the fourth quarter dividend, which was declared today and is payable Dec. 10 to shareowners […]
Preferred Freezer announces joint venture in China
According to the announcement, the joint venture with Chinese logistics service provider Sinotrans Limited; affiliates of Yang Ming Marine Transport Corp., a Taiwanese global cargo services provider; and the Yida […]
Hankook Tire to build its first U.S. plant in Tennessee
According to the announcement, Hankook will invest over $800 million for the new plant, its first in the United States. The new plant will provide additional capacity for Hankook’s growing […]
Following price increase, Sealed Air declares dividend
The company announced on Tuesday a North American price increase between 4 and 9 percent for most of its food and product care items, according to an earlier release. The […]
Sterling Consolidated secures 2.45M senior bank debt
According to the announcement, the terms of the transaction include a stepped up line of credit to $1.25 million with a variable rate of 3.75 percent initially, as well as […]
Coates gets Chinese approval for 1.5B plant investment
According to the announcement, the company plans to manufacture many products such as large industrial engines for marine application, industrial electric power generators, home generators, heavy truck, and bus engines. […]
ecVision opens Japan office
According to the announcement, ecVision will also work with Japan-based information security consulting company Nomura Research Institute. NRI has extensive contacts in the apparel industry and the partnership is intended […]
For small manufacturers, future success requires investments in strategy
“Small and medium-sized manufacturers must continue to transform in order to remain competitive,” said Robert Loderstedt, chief executive of the New Jersey Manufacturing Extension Program, a nonprofit that provides consulting […]
Linde opens Texas gas processing plant
The U.S. arm of The Linde Group, in the Murray Hill section of New Providence, announced today it will open an industrial gas plant in La Porte, Texas. The plant will produce liquid oxygen, nitrogen and argon at the recently announced air separation unit Linde is building at the site.
Construction begins on new Atlantic Carrier Line container ships
Westfield-based Atlantic Container Line announced today the official steel-cutting ceremony took place this week in Shanghai for its five container ships, marking the start of actual construction.
Latest sale for Rockwood Chemical company raises 1.1B in unloading specialty businesses
Rockwood Holdings, the largest producer of lithium products in the world, has struck a deal to sell its performance additives and titanium dioxide businesses for $1.1 billion.
Manufacturers plan events to create interest in industry
Manufacturing advocates will host two events on Oct. 4 to coincide with National Manufacturing Day — one at the New Jersey Institute of Technology, in Newark, and another at Rutgers University, in New Brunswick.
