Dalian Zhiyun Automation Co Ltd Announces FY 2013 H1 Net Profit Outlook

Dalian Zhiyun Automation Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 16,000,000 to RMB 17,000,000, or to increase by 846.69% to 905.86%, compared to the net profit of the same period in FY 2012 (RMB 1,690,100). The Company cited the impact of...

Monday, 1 Jul 2013 08:00pm EDT

Hurco Companies Inc Acquires High Tech Italian Machine Tool Component Business

Hurco Companies Inc announced it has acquired the machine tool component business of LCM Srl, a designer and manufacturer of high-end electro-mechanical components and accessories for machine tools. Based in Italy, LCM has been producing and selling mechanical and electro-mechanical components for...

Monday, 1 Jul 2013 04:30pm EDT

Sung Jin Geotec Co Ltd Appoints New CEO

Sung Jin Geotec Co Ltd announced that it has appointed Kang Chang Gyun as its new Chief Executive Officer, replacing Kim Jang Jin, effective July 1, 2013.

Monday, 1 Jul 2013 04:25am EDT

V Technology Co Ltd to Acquire Repair Equipment Business from

V Technology Co Ltd announced that it has signed a basic agreement with OMRON LASERFRONT INC, to acquire the repair equipment business for FPD and semiconductor from OMRON LASERFRONT INC, effective October 1, 2013.

Monday, 1 Jul 2013 02:00am EDT

Wooshin Systems Co Ltd Acquires DBI Inc.

Wooshin Systems Co Ltd announced that it has acquired 5,200,000 shares of DBI Inc., which is mainly engaged in the manufacturing, processing and sales of vehicle parts, for KRW 21 billion on July 1, 2013, to improve competitiveness and secure operating rights. After the transaction, the Company...

Sunday, 30 Jun 2013 10:43pm EDT

IMA Industria Macchine Automatiche SpA Sells Entire Stake in Kilian to German Group Romaco-Reuters

Reuters reported that IMA Industria Macchine Automatiche SpA announced that it has sold for EUR 21 million its entire stake in Kilian to the German Group Romaco, controlled by the private equity fund Deutsche Beteiligungs AG. EUR 17 million will be regulated at the closing of the transaction, and...

Sunday, 30 Jun 2013 08:00pm EDT

Wafangdian Bearing Co Ltd Receives Subsidy

Wafangdian Bearing Co Ltd announced that it has received a subsidy of RMB 4,723,200 for its technology renovation project of high-end equipment manufacturing valves for fiscal year 2011, on June 26, 2013.

Friday, 28 Jun 2013 08:00pm EDT

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