Industrial Machinery & Equipment

Mueller Industries Inc announces board changes

Mueller Industries Inc:Announced that Gregory L. Christopher, the current Chief Executive Officer of the Company, will be appointed as Chairman of the Board, effective Jan. 1, 2016.Gary S. Gladstein, the company's current Chairman, will be appointed as the Lead Independent Director of the Board...

Friday, 31 Jul 2015 04:45pm EDT

Valmet Corp acquires tissue rewinder business from Italy's Massimiliano Corsini

Valmet Corp:Valmet and Massimiliano Corsini Srl. have signed a sale and purchase agreement of MC Paper Machinery and Focus Rewinding business.Acquisition is estimated to be completed by Aug 6, 2015.

Friday, 31 Jul 2015 07:00am EDT

ITT Corporation lowers prior FY 2015 GAAP revenue guidance

ITT Corporation:Says that it is lowering previously announced FY 2015 GAAP revenue guidance.Says that it is raising FY 2015 EPS guidance.Sees FY 2015 GAAP revenue to be down 9 pct. to 7 pct.Sees FY 2015 GAAP EPS is to be in the range of $2.32 to $2.50.

Friday, 31 Jul 2015 07:00am EDT

Restructuring & Reorganization

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