Ares Management Launches Automated Industrial Robotics Inc.
Ares Management Corporation (NYSE: ARES) announced today the launch of Automated Industrial Robotics Inc. (“AIR” or the “Company”), a newly formed industrial automation company designed to capitalize on increasing global…
Mativ Announces Initiatives Expected to Reduce Costs by $40 Million
Commensurate with the recent divestiture of the Company’s Engineered Papers business, Mativ Holdings, Inc. (NYSE: MATV) (“Mativ” or the “Company”) today announced organizational realignment initiatives that will streamline organizational size…
Hexcel Reports 2023 Fourth Quarter and Full Year Results
Hexcel Reports 2023 Fourth Quarter and Full Year Results See Table C for a reconciliation of GAAP and non-GAAP operating income, net income, earnings per share, and operating cash flow…
New Data Shows Nearly 90% of Michigan Jobs Require Digital Skills, One-Third of Workers Currently Have Low or No Digital Skills
The National Skills Coalition (NSC) released new data spotlighting the demand for digital skills in Michigan’s labor market. The NSC analysis found that 89% of jobs analyzed require digital skills,…
INFINITI Vision Qe Concept to Debut at 2024 Canadian International Auto Show
INFINITI today announced its return to the Canadian International Auto Show at the Metro Toronto Convention Center with two concept vehicles, marking the evolution of the company’s design language. INFINITI…
Japan’s First Moon Lander Touches Down with Renesas’ Rad-Hard ICs on Board
Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, announced today that its radiation-hardened (rad-hard) ICs were onboard the Smart Lander for Investigating Moon (SLIM) spacecraft that successfully…
Fauna Bio Researcher Awarded NASA Early-Stage Grant to Study Hibernation in Space
Fauna Bio, a biotechnology company that leverages animal genomics to improve human health, announces Senior Research Physiologist Ryan Sprenger, Ph., has been awarded a NASA Innovative Advanced Concepts (NIAC) grant. Dr.…
Blackstone Announces Minority Growth Investment in Salas O’Brien
Blackstone (NYSE: BX) and Salas O’Brien (the “Company”), a leading employee-owned engineering and technical services firm, announced today a partnership where funds managed by Blackstone have made a strategic minority…
Redwire Selected as Strategic Supplier for Blue Origin’s Trailblazing Blue Ring Space Mobility Platform
Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, announced today that it has been awarded a contract to develop and deliver four Roll-Out Solar…
Distribution Solutions Group’s Operating Company, Lawson Products, Announces Strategic Acquisition
Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company”), a premier specialty distribution company, today announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois…
HiRain to Mass Produce First Mobileye EyeQ™6-Based ADAS System in China
HiRain Technologies, a system provider of intelligent driving solutions to automakers in China, proudly announces the upcoming production of the Mobileye EyeQ™6 Lite-based ADAS system, poised to debut in China…
F.W. Webb Moves Boston Wholesale Location and Frank Webb Home Showroom into New Facility
Professional expertise and unrivaled customer service have a new home in Boston. F.W. Webb Company is pleased to announce that its Boston wholesale store and Frank Webb Home showroom have moved into…