Conntact.com - CT Business News Journal

DANBURY, Conn.--(BUSINESS WIRE)--PRAXAIR NAMED FOR THIRD CONSECUTIVE YEAR AS ONE OF THE TOP TEN CLEAN-TECH INNOVATION AND CLIMATE RESPONSIVE COMPANIES IN US

DANBURY, Conn. & STEVENSVILLE, Md.--(BUSINESS WIRE)--PRAXAIR VAPOTHERM JOINTLY MARKET NEW HELIOX DELIVERY SYSTEM

DANBURY, Conn.--(BUSINESS WIRE)--Eduardo Menezes, executive vice president of Praxair, Inc. (NYSE: PX) and president, North American Industrial Gases business will address the Oppenheimer 7th Annual Industrials Conference in NYC on Wednesday, May 16 at 10:40 am EDT. Menezes will discuss Praxair’s growth strategies and business outlook. The presentation will be available on Praxair’s web site at www.praxair.com/investors. Praxair, Inc. is the largest industrial gases company in North and South Am

EAST CLEVELAND, Ohio--(BUSINESS WIRE)--From Las Vegas to Superior, Neb., GE’s Evolve™ LED Roadway fixtures are saving cities, big and small, a bundle on energy costs. With the installation of more than 41,000 GE Evolve LED streetlights, Las Vegas will reduce combined electricity and maintenance expenses to nearly $2.7 million a year, while in Superior, 600 LED fixtures have shaved $20,000 off annual spending for the town of 2,000. Whether a metropolis of millions or hometown to hundreds, GE’s LE

LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances has partnered with the Environmental Protection Agency’s (EPA) WasteWise Program – an initiative focused on waste reduction and saving environmental resources while reducing emissions.

LAS VEGAS--(BUSINESS WIRE)--The 2011 GE Edison Award was presented to Glenn Heinmiller, Paul Zaferiou and Dan Weissman of Lam Partners (Cambridge, Massachusetts, USA) for lighting the United States Institute of Peace in Washington, D.C., USA. A personalized Steuben crystal award for the 29th annual lighting design competition was presented by GE Lighting on May 8, 2012, in Las Vegas, Nevada, USA. The GE Edison Award competition is open to those lighting professionals who creatively employ signif

SHELTON, Conn.--(BUSINESS WIRE)--Hubbell To Appear At The Oppenheimer 7th Annual Industrials Conference

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) a leading gas supplier to the metals industry, will showcase Dilute Oxygen Combustion technology, the CoJet® gas injection system, and other cutting-edge technologies at this year’s Association for Iron and Steel Technology (AISTech) show to be held in Atlanta, Georgia, May 7-10, 2012. Praxair is the only gas supplier that directly provides a full range of industrial gas supply delivery options from onsite down to packaged gas cylinders.

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE:PBI) today reported first quarter 2012 results. Revenue for the quarter was $1.3 billion, which was a decline of 5 percent when compared to the prior year. Excluding the impacts of currency movements, the revenue decline was 4 percent. Revenue for the quarter benefited from growth in the Software and Mail Services segments. The company also experienced improving trends in equipment sales in its Small and Medium Business Solutions (SMB) se

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE:CR) announced today that Andrew L. Krawitt, Vice President, Treasurer and Principal Financial Officer, will be speaking at the Nomura Inaugural U.S. Industrials Summit in New York City on Wednesday, May 9, 2012 from 10:00 AM to 10:50 AM ET. A simultaneous audio webcast and presentation slides will be available on the Company’s web- site www.craneco.com. A replay will be available on the same website shortly after completion of the presentation. C

EAST CLEVELAND, Ohio--(BUSINESS WIRE)--Ohio-based GE scientists, engineers and product designers worked to leapfrog the competition and go beyond industry expectations for a 75-watt incandescent replacement being introduced first

ATLANTA--(BUSINESS WIRE)--GE (NYSE: GE) and XD Electric Group (SHA: 601179) announced today the formation of a new partnership to deliver a full-line of electric transmission and distribution (T&D) and grid automation solutions to customers around the world. The partnership creates a new global competitor to provide customers with proven technology offerings to build and upgrade their electrical infrastructure to meet the high demand for reliable electricity. The three major components of th

DANBURY, Conn.--(BUSINESS WIRE)--John Panikar, president of Praxair Distribution, Inc. (NYSE: PX), will address the Baird 2012 Growth Stock Conference in Chicago, IL on Wednesday, May 9 at 11:40 am EDT, 10:40 am CDT. Panikar will discuss Praxair’s growth strategies and business outlook. Panikar is responsible for the growth, profitability and return on capital of Praxair’s packaged-gases business in the U.S. The presentation will be available on Praxair’s web site at www.praxair.com/investors. P

MOSCOW & WESTPORT, Conn.--(BUSINESS WIRE)--Russian Machines and Terex Corporation (NYSE:TEX) today announced they have completed the formation of a joint venture company for the manufacture of construction and roadbuilding equipment in Russia. Under the agreement, the joint venture will manufacture, market and sell certain Terex products and all Russian Machines construction and roadbuilding products in Russia, as well as distribute certain products manufactured by Terex and exported into Russia

SHELTON, Conn.--(BUSINESS WIRE)--Hubbell to Appear at the Wells Fargo 2012 Industrial and Construction Conference

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE:HXL)(Paris:HXL) today announced that, effective May 3, 2012, Mr. Nick L. Stanage is appointed Chief Operating Officer, in addition to his serving as President of Hexcel. Mr. Stanage, 53, has served as President of Hexcel since November, 2009. He joined Hexcel after serving as President of the Heavy Vehicle Products business of Dana Holding Corporation, a position he held since December 2005. Mr. Stanage was VP and GM of the Commercial Ve

EAST CLEVELAND, Ohio--(BUSINESS WIRE)--GE Lighting today announced it is aligning its Lighting Solutions sales and applications solutions teams with its North America professional sales teams under a single structure and single leader. Jaime Irick, who has been leading GE Lighting Solutions—GE’s LED and lighting fixtures business—will now be responsible for all sales activities of all lighting technologies in GE Lighting’s commercial and industrial product portfolio as general manager for the ne

BLOOMFIELD, Conn. & GOA, India--(BUSINESS WIRE)--KAMAN AND KINECO ANNOUNCE AGREEMENT TO FORM A JOINT VENTURE IN INDIA

NORWALK, Conn.--(BUSINESS WIRE)--Terra Technology announced that Robert F. Byrne, president and CEO, will present "Demand Signal Synchronization to Reduce Stock-Outs" at the ECR Europe Conference in Brussels at 9:00 AM on May 10.

STAMFORD, Conn.--(BUSINESS WIRE)--Harman International Industries, Incorporated, the leading global audio and infotainment group (NYSE: HAR), today announced results for the third quarter ended March 31, 2012. Net sales for the third quarter were $1,096 million, an increase of 16 percent compared to the same period last year. In local currency, net sales increased by 19 percent. Third quarter operating income was $60 million, compared to $54 million in the same period last year. Excluding restru

SYDNEY--(BUSINESS WIRE)--UGL Limited (ASX: UGL) today announced that in a 50:50 joint venture with EPC firm CH2M HILL it has been awarded a $550 million contract (total JV) by JKC Australia LNG Pty Ltd (a company established by a joint venture between JGC Corporation, KBR and Chiyoda Corporation) for the construction of a combined cycle power plant for the Ichthys liquefied natural gas (LNG) project in the Northern Territory. As part of the agreement, GE (NYSE: GE) will engineer and supply gas t

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) today announced that Bret K. Clayton, Group Executive, Business Support & Operations of Rio Tinto Ltd. and Rio Tinto Plc at Rio Tinto Group has been elected to the Praxair Board of Directors, effective April 24, 2012. Rio Tinto is a leading international mineral and metals company. “I am pleased to have Bret join Praxair’s board of directors,” said Praxair Chairman and Chief Executive Officer Steve Angel. “Bret brings extensive financ

GREENWICH, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that United Rentals stockholders voted overwhelmingly in favor of the proposals relating to the proposed merger of RSC Holdings Inc. with and into United Rentals. At the special meeting held today, at which a quorum of stockholders was present, 83% of the outstanding shares of United Rentals entitled to vote at the special meeting were voted in favor of the resolution adopting the Agreement and Plan of Merger, da

DANBURY, Conn.--(BUSINESS WIRE)--Barclay's Conference

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), an international aerospace and industrial manufacturing and service provider, today reported financial results for the first quarter 2012. Net sales grew 5 percent to $303.1 million from $289.6 million in the first quarter of 2011. Income from continuing operations for the first quarter was up 14 percent to $23.0 million, or $0.41 per diluted share, from $20.2 million, or $0.36 per diluted share, a year earlier. In the first quarter o

NEW BRITAIN, Conn.--(BUSINESS WIRE)--Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a presentation by John Lundgren, President & CEO at the UBS Industrial Leadership Conference held in London on Thursday, May 3rd, 2012 at 2:20 pm GMT. A live webcast of the presentation will be available on the “Investors” section of the company’s website at www.stanleyblackanddecker.com. Stanley Black & Decker, an S&P 500 company, is a divers

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, today announced that it has received approximately $3.6 million in distribution payments under the U.S. Continued Dumping and Subsidy Offset Act (CDSOA) relating to claims filed by the Company during the past six years. The CDSOA provides for distribution of monies collec

STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Announces Record First Quarter Earnings and Confirms Full Year 2012 Estimate

WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE-APH) confirmed today that its Board of Directors approved the second quarter 2012 dividend on its Common Stock in the amount of $.105 per share at its meeting held on April 24, 2012. As previously announced, this represents an increase in the quarterly dividend rate from $.015 to $.105 per share, effective with the first quarter 2012 dividend payment. The Company will pay this first quarter 2012 dividend on or about July 5, 2012 to

NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME) today reported results for the first quarter ended March 31, 2012. As previously announced, the Company completed the sale of its Canadian subsidiary, Comstock Canada, in August 2011. Accordingly, Comstock’s results for the 2011 first quarter have been classified as discontinued operations. For the first quarter of 2012, net income from continuing operations attributable to EMCOR increased 10.4% to $27.1 million, or $0.40 per diluted

WOODSTOCK, Conn.--(BUSINESS WIRE)--Keeping kids protected on the field has become increasingly important. Makers of protective sports gear are doing their part to help young athletes by designing products kids want to wear.

WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE: TEX) today announced income from continuing operations of $20.5 million, or $0.18 per share for the first quarter of 2012, as compared to income from continuing operations of $5.0 million, or $0.04 per share for the first quarter of 2011. Excluding the impact of a write down of an acquisition related note receivable of approximately $12 million, or $0.11 per share, income from continuing operations as adjusted was approximately $33 milli

NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (NASDAQ-EML) today announced the results of its operations for the first quarter of 2012. Sales for the quarter were $40.5 million, compared to $33.2 million for the same period in 2011, a 22% increase. Net Income for the first quarter was $2.0 million, or $0.33 per diluted share, compared to $1.1 million, or $0.18 per diluted share in the first quarter of 2011. The first quarter of 2012 represented the ninth consecutive quarter of improved

PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) announced today that it has signed a long-term sourcing agreement with GE Aviation, an operating unit of General Electric Company (NYSE: GE), for the supply of Rene 65 Alloy. Rene 65 Alloy, a future-generation alloy, is the newest nickel-based superalloy developed by ATI in collaboration with GE Aviation. The agreement covers Rene 65 Alloy disc-quality mill products sold to GE Aviation and its suppliers by ATI Allvac, a

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) reported first-quarter net income and diluted earnings per share of $419 million and $1.38, 5% and 7% above the prior-year quarter, respectively. Sales in the first quarter were $2,840 million, an increase of 5% compared to $2,702 million in the previous year. Sales grew 8% from the prior-year quarter, excluding negative foreign currency and cost pass-through effects. Sales growth was strongest in North America and Asia in the manufacturi

DETROIT--(BUSINESS WIRE)--GE Energy’s (NYSE: GE) Industrial Solutions business unveiled its new ecomagination™-approved WattStation™ and WattStation™ Connect today at the SAE 2012 World Congress in Detroit, Mich. A complete, user-friendly electric vehicle (EV) charging station and software platform, the solution allows WattStation owners to manage charging stations remotely, giving them the ability to manage and set customer pricing for EV charging, provide access control at their facilities, ge

NORWALK, Conn.--(BUSINESS WIRE)--GE Capital, Corporate Finance today announced it has provided $32 million in term financing and a $25 million asset-based revolver for Apio, Inc., a leading fresh-cut specialty packaged vegetable supplier, processor and distributor. The financing was used to acquire GreenLine Foods, Inc., a leading processor and distributor of produce, and to provide working capital. GE Capital Markets served as lead arranger on a portion of the term financing. Founded in 1979, G

ROGERS, Conn.--(BUSINESS WIRE)--Rogers Corporation (NYSE: ROG) plans to announce results for its 2012 first quarter after the close of trading on Tuesday, May 1, 2012. A copy of the release will be available on the Rogers website at www.rogerscorp.com. All interested parties are invited to participate in Rogers’ quarterly teleconference to be held on Wednesday, May 2, 2012 at 9:00 am ET. Bruce Hoechner, President and CEO, and members of senior management will review the results and then respond

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported that first quarter 2012 earnings per diluted share increased 8% to $0.88 compared to $0.81 in the first quarter of 2011. First quarter 2011 results include a gain of $4.3 million, or $0.05 per share, related to the sale of a building and the divestiture of a small product line. First quarter 2012 sales of $658 million increased $47 million, or 8%, compared to the

STAMFORD, Conn.--(BUSINESS WIRE)--Regulatory News: Hexcel Corporation (NYSE:HXL)(Paris:HXL):   Quarter Ended March 31,     (In millions, except per share data)   2012   2011   % Change   Net Sales $ 400.1 $ 331.6 20.7% Net sales change in constant currency 22.0% Operating Income 60.6 47.2 28% Net Income 39.6 26.4 50% Diluted net income per common share $ 0.39 $ 0.26 50%   Non-GAAP Measures for y-o-y comparisons: Adjusted Operating Income (table C) $ 60.6 $ 41.5 46% As a % of sales 15.1% 12.5% Ad

SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the first quarter and file its Quarterly Report on Form 10-Q on Tuesday, May 1, 2012, after the close of the stock market. On Wednesday, May 2, 2012, Sturm, Ruger will host a webcast at 9:00 a.m. EDT of its Annual Meeting of Stockholders. Interested parties can access the webcast at www.ruger.com/corporate or www.earnings.com or by dialing 866-788-0547, participant code 27401036

NEW BRITAIN, Conn.--(BUSINESS WIRE)--Stanley Black & Decker (NYSE: SWK) today announced first quarter 2012 financial results. 1Q’12 Revenues Increased 12% To $2.7 Billion; Organic Revenues Up 3% 1Q’12 Diluted GAAP EPS, Including M&A Charges, Was $0.72 Excluding M&A Charges, 1Q’12 Diluted EPS Was $1.09 2012 FY Guidance For 10-15% EPS Growth And 20% Free Cash Flow Growth Reiterated, As Well As Key Operating Assumptions Supporting Guidance 1Q’12 Key Points: Net sales for the period were

WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE: TEX) will release its first quarter 2012 financial results on Wednesday, April 25, 2012 after market close. The Company will host a conference call to review the financial results on Thursday, April 26, 2012 at 8:30 a.m. EDT. Ronald M. DeFeo, Chairman and CEO, will host the call. A simultaneous webcast of this call will be available on the Company’s website, www.terex.com. To listen to the call, select “Investor Relations” in the “About

GREENWICH, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter 2012. Total revenue was $656 million and rental revenue was $523 million, compared with $523 million and $434 million, respectively, for the same period last year. Adjusted EBITDA1 was $231 million and adjusted EBITDA margin was 35.2% for the first quarter 2012, an increase of $86 million and 7.5 percentage points over last year. On a GAAP basis, the company reported first

NEW BRITAIN, Conn.--(BUSINESS WIRE)--Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular second quarter cash dividend of $0.41 per common share. This extends the company’s record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 19th, 2012 to shareholders of record as of the close of business on Wednesday, June 6th, 2012. As

FAIRFIELD, Conn.--(BUSINESS WIRE)--Acme United Corporation (NYSE Amex:ACU) will release its financial results for the First Quarter of 2012 on Friday, April 20, 2012, at 9:00 a.m. ET. A conference call to discuss these results will be broadcast over the Internet on Friday, April 20, 2012, at 12:00 p.m. ET. To listen or participate in a question-and-answer session, dial 888-596-2611. International callers may dial 913-312-0653. Access to the live webcast of the conference call can be found in the

BROOKFIELD, Conn.--(BUSINESS WIRE)--Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced that Analog Devices, Inc. (NASDAQ: ADI) awarded Photronics with its Supplier Excellence Award in the Special Achievement category for support throughout 2011. This is the third supplier excellence award that Photronics has received from Analog Devices. The Analog Devices Supplier Excellence awards are base

COPENHAGEN, Denmark--(BUSINESS WIRE)--GE’s (NYSE: GE) advanced technology 2.5 series wind turbines have surpassed 2 gigawatts of installed capacity worldwide, enough clean electricity to power approximately 1.4 million European households. GE announced this milestone at the European Wind Energy Association’s EWEA 2012 in Copenhagen. By the end of the year, more than 2,000 GE wind turbines with a 100+ meter rotor will be operating in 15 countries worldwide, including 12 in Europe. Nearly 1,000 of

COPENHAGEN--(BUSINESS WIRE)--GE (NYSE: GE) will supply 31 of its 1.6-100 wind turbines for Fina Enerji’s Tayakadin wind project in Istanbul, Turkey, which will supply enough clean, wind-generated electricity to meet the needs of more than 14,000 Turkish households. GE announced this order at the European Wind Energy Association’s EWEA 2012 in Copenhagen. The project will mark the first European installation of the GE 1.6-100 machine, which offers the highest efficiency of any wind turbine in its