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Weatherford Sells US Fracking Unit to Schlumberger

Weatherford International plc (NYSE: WFT) has sold its U.S. pressure pumping and pump-down perforating assets, used in hydraulic fracturing of oil and gas wells, to Schlumberger Ltd. for $430 million. The revised deal is an asset sale,…

Diesel Forward and Makelim Unit Merge

The Heavy Duty Division of H.G. Makelim Co. has merged with Diesel Forward, Inc. Both companies distribute aftermarket diesel engine parts for manufacturers such as Bosch, Stanadyne, Denso, Delphi, Alliant Power, Borg Warner, and Holset.…

Barny Koehler is Karma Automotive President-China

Karma Automotive announced the appointment of Bernhard "Barny" Koehler to the newly created position of President-China. The company, which makes luxury hybrid cars, said Koehler's appointment reflects the significance of the China…

Scott Clark is President of Michelin North America

Michelin Group has named Scott Clark as chairman and president of Michelin North America. "Scott has represented the voice of Michelin customers with dependable passion in our organization for more than 20 years," said Jean-Dominique…

AgTech Conference of the South – July of 2018

The AgTech Conference of the South will place July 23 through July 25, 2018, at the Alpharetta Conference Center. The inaugural event, led by Tech Alpharetta (previously the Alpharetta Technology Commission), is Georgia's first forum…

New ISO Standards For Print Colors

New ISO standards have been released to help ensure color consistency in packaging. The International Organization for Standardization standards are 20654 (SCTV, standing for Spot Color Tone Value) and 20616 (PQX, for Print Quality…

Deloitte: Global Optimism About Growth

As global economies grow in sync for the first time in a decade, optimism surpasses uncertainty among private companies when it comes to their expectations and investment plans, according to Deloitte. In fact, 89% of global private…

Chemical Activity Barometer Continues Gains

The Chemical Activity Barometer, a leading economic indicator created by the American Chemistry Council, notched another solid increase in November over October's reading. The gain was on both a three-month moving average (3MMA) basis…

PMI at 58.2% in November as Manufacturing Stayed Strong

Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 102nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The report was…

Steelworkers Ratify Contract with TimkenSteel

Members of United Steelworkers (USW) Local 1123 in Canton, OH, voted to ratify a new four-year contract with TimkenSteel. "For 100 years, TimkenSteel has been making some of the best steel in the world here in Stark County," said Bill…

General Mills Joins Fight Against Deforestation

General Mills announced that it is joining other companies in an agreement to end deforestation. The joint Frameworks for Action, led by the World Cocoa Foundation, was announced at the UN Climate Change Conference (COP23) in Bonn,…

Publication on E-Commerce-Friendly Packaging

Packaging manufacturer TricorBraun has released a digital magazine addressing challenges related to e-commerce faced by consumer-packaged goods companies, and available solutions. TricorBraun said these challenges include consumers'…

McKinsey Sees Global Opportunities for US Manufacturers

The economics research arm of McKinsey & Co. released new research that outlines opportunities to boost manufacturing by up to $530 billion or 20% by 2025. The report from McKinsey Global Institute (MGI), Making it in America:…

Court Carruthers is CEO of TricorBraun

TricorBraun, a packaging solutions provider, announced that Court Carruthers will become the company's President and CEO effective October 30, 2017. He succeeds the company's President and CEO, Keith Strope, who will become Executive…

Microsoft and EY Offer Digital Solutions to Agriculture

The accounting firm EY and Microsoft announced that they are working together to provide digital and cloud technologies to the agricultural industry. The alliance will develop data-driven solutions that leverage artificial intelligence…

Oil and Gas Industry is Digitizing for Efficiency

As oil and gas executives shift from optimism about a rapid upturn in prices to a more cautious outlook, the need to reduce costs and find new efficiencies is likely to accelerate the industry’s use of digital technology. That’s the…

FDA Offers Help in Puerto Rico

The U.S. Food and Drug Administration is making extensive efforts to help residents of Puerto Rico following Hurricanes Irma and Maria, and to mitigate the impact of these disasters on the island's medical product manufacturing sector.…

Lear Building New Plant in Flint

Lear Corporation (NYSE: LEA), a global supplier of automotive seating and electrical systems, has broken ground on a new seat manufacturing facility located on the former site of the historic Buick City complex in Flint, Mich. The…

Craig Schneider is President, Firestone Industrial Products

Firestone Industrial Products announced that Craig Schneider has been named president. He succeeds Scott Damon, who recently was named president, commercial group, U.S. and Canada for Bridgestone Americas Tire Operations. "Craig…

Economic Impact of Hurricanes Harvey and Irma

Damage from Hurricane Harvey will total $60 billion to $100 billion, making it the second most destructive storm on record after Katrina, and damage from Irma, at $30 billion, will rank sixth. That is the estimate released by IHS Markit,…