Industrial Machine News

“Vinyl is like plastic, so it doesn't disintegrate like other things would”

Thanks to a donation from one of the world's largest flooring companies, the Seminole County Habitat for Humanity won't have to buy vinyl for the homes they build for several years.

Mohawk Industries Inc. donated a tractor-trailer full of vinyl, about 10,000 pounds worth, to the group Wednesday.

That's enough vinyl to cover the floors of about 270 Habitat for Humanity homes, said Gayle Horner, an office administrator with the housing group.

A month ago, the Georgia-based flooring company decided to discontinue distributing vinyl flooring through its Orlando warehouse, said Richard Owen, Mohawk's district manager. Read more

“It seems they (Rio) are open to a bid but they just think the price is too low ... (BHP) are wanting to have a conversation with them to talk about the bid, talk about the synergies, talk about the rationale”

BHP Billiton's new Chief Executive Officer Marius Kloppers speaks at an annual results news conference in Sydney August 22, 2007. via Boston.com

“Keeping tires properly inflated promotes safety, helps tires wear evenly, enhances ride comfort, and maximizes fuel economy.”

Fuel Prices Rise; So Should Attention to Tire Inflation, Says Goodyear - Auto News from November 8, 2007 AKRON, Ohio, Nov. via Automotive

“We seek ways to enhance shareholder value wherever they may be found. We believe opportunistically acquiring shares of the Company is consistent with that goal.”

Jarden Corp., the Rye-based company that markets Bicycle playing cards, Mr. Coffee machines and Rawlings sporting goods, said its board has approved the repurchase of up to $100 million worth of shares stock. via The Journal News

James Rubright - Chairman, CEO Analysts Bill Hoffman - UBS Taylor Hood - " J.P. Morgan Christopher Chun - Deutsche Bank Presentation Operator Good morning. via Seeking Alpha

MeadWestvaco Corporation today announced it is expanding its portfolio of specialty print technologies by licensing a patented three-dimensional design and printing technology from Azuna LLC, based in ... via Business Wire

Perceptron, Inc. First Quarter Results for Fiscal Year 2008 PLYMOUTH, MI 11/08/07 Perceptron, Inc. via KXMA-TV Dickinson

Wausau Papers says the decision to close its Groveton, New Hampshire mill is final as is the severance package being offered to workers soon to be out of a job. via WLBZ

“This exchange offer is another step in our plan to further de-lever and improve our capital structure”

Goodyear Announces Exchange Offer for Convertible Notes - Auto News from November 6, 2007 AKRON, Ohio, Nov. via Automotive

Polymer Group Inc. and a group of shareholders plan to sell about 5.4 million shares of stock, the U.S. maker of engineered materials said. via The Post Chronicle

Cudahy Tanning Co. Inc.'s plant in Cudahy will be closed after the firm agreed to merge with a tanning company in Maine. via The Business Journal of Milwaukee

“The acquisition of Arrow Hose & Tubing Inc. complements Eaton's thermoplastic hose and tubing product line, increases the company's offering to the food and beverage industry, and strengthens our presence in the agriculture markets”

Diversified manufacturer Eaton Corp. has bought for an undisclosed price a Canadian company that makes specialty thermoplastic hose and tubing for the industrial, food and beverage, and agricultural markets. via Crain's Cleveland Business

“Maintenance capital expenditures”

See Non-GAAP Measures section in the attached Management's Discussion and Analysis . via TMCnet

A jury in Seattle, Washington has ordered Goodyear Tire and Rubber Company to pay a woman $4.4 million after finding the company demoted and then fired her after she complained of discrimination because of her ... via 365Gay.com

“Cascades and the employees of Scierie Lemay have left no stone unturned in their efforts to make the sawmill profitable”

Forestry company Cascades Inc. has shut down its Scierie Lemay softwood lumber mill in Lac-Saint-Jean, Que. via Sympatico Finance

Carl Zeiss announces the robust ZF-I series, a line of high-quality lenses which are optimized for industrial applications. via DCVIEWS Digital camera and photograph...

Myers Industries Inc, the Akron polymer products maker and tools distributor, reported sharply lower income from continuing operations on increased sales for the third quarter, saying results were mixed but ... via Ohio.com

“The challenge is not entirely in our ability to adapt to the higher dollar. Rather, the velocity of the dollar's rise makes it difficult for any company to keep pace over such a short period of time.”

CAE Inc. says a corporate cultural shift and initiatives adopted during its restructuring along with strong market conditions are allowing it thrive despite facing headwinds from the quickly rising value of the ... via Canadian Business Magazine

“All groups showed improvement in their results despite the appreciation of the Canadian dollar and high pulp and fibre costs as we continued to be able to implement selling price increases in our key segments”

Paper product maker Cascades Inc. boosted its third-quarter profit by 60 per cent despite a surging Canadian dollar and high fibre costs. via CANOE

“Will business be bad next year in the residential market? Absolutely”

The weakening U.S. housing market will have an impact on the Carrier heating and ventilating division of United Technologies Corp., though international sales should provide some offset, a company executive ... via Creative Mac