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Global Pump Market to Grow 5.6% Annually Through 2022
June 11, 2018 (Investorideas.com Newswire) Global demand for fluid handling pumps is projected to grow 5.6% per year to $84.4 billion in 2022 based on broad growth across major markets.

Foamed Plastic Insulation Demand to Grow 4.4% Annually Through 2022
June 1, 2018 (Investorideas.com Newswire) Foamed plastic insulation in the residential market is forecast to rise 4.4% per annum to 520 million pounds in 2022, valued at $1.1 billion.

Fiber Cement Siding Demand to Exceed 2 Billion Square Feet in 2022
May 21, 2018 (Investorideas.com Newswire) Demand for fiber cement siding is forecast to grow 3.3% per year to 2.1 billion square feet in 2022.

Outdoor Lighting Fixture Demand to Grow 6.7% Annually Through 2022
May 21, 2018 (Investorideas.com Newswire) Demand for outdoor fixtures is expected to increase 6.7% per year to $5.5 billion in 2022.

Legalshield Law Index Points To Rise In Home Construction, But Trade Conflicts Are Driving Up The Cost Of Materials
ADA, OKLAHOMA - May 8, 2018 (Investorideas.com Newswire) Released today, the LegalShield Housing Activity Index, a leading indicator of housing starts and a component of the broader LegalShield Law Index, suggests there is reason for optimism about increasing housing construction momentum this year

Demand for Reactive Adhesives and Sealants to Reach 1.3 Billion Pounds in 2022
May 2, 2018 (Investorideas.com Newswire) Demand for reactive adhesives and sealants is projected to rise 3.0% per year to 1.3 billion pounds in 2022, valued at $4.8 billion. The leading reactive adhesive and sealant chemistries are silicones, polyurethanes, epoxies, and polysulfides.

Atrium Mortgage Investment Corporation (TSX: AI) Announces May 2018 Dividend
Toronto, Ontario - May 1, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of May 2018 of $0.075 per common share, to be paid June 12, 2018 to shareholders of record May 31, 2018.

Gardening Hand Tool Sales to Reach $738 Million in 2022
April 30, 2018 (Investorideas.com Newswire) Demand for gardening hand tools totaled $654 million in 2017, increasing only 0.6% annually between 2012 and 2017.

Cooling Systems Stock Now in Position to Take Off Higher
April 19, 2018 (Investorideas.com Newswire) Clive Maund provides a technical analysis on an energy efficiency company that he believes is a buy.

Wood Moulding and Trim Demand to Grow 3.7% Annually Through 2022
April 16, 2018 (Investorideas.com Newswire) Interior moulding is expected to continue to account for the majority of wood moulding and trim.

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Construction and Materials News from Globe Newswire

Command Alkon Wins SDCE 100 Supply Chain Award

Ready-Mix Concrete Producer Reduces Out of Stocks With supplyCONNECT

BIRMINGHAM, Ala., June 25, 2018 (GLOBE NEWSWIRE) -- Command Alkon, the global leader in integrated supply chain technology solutions for the Heavy Building Materials (HBM) industry, announces winning the SDCE 100 Award from Supply & Demand Chain Executive magazine. The 2018 Supply & Demand Chain Executive 100 award winners outline innovative ideas and solutions to guide industry leaders to maximize efficiency, profitability and operational success. Command Alkon was chosen for its project with Wayne Davis Concrete to better manage daily replenishment plans for this ready-mix concrete producer to reduce out of stocks.

“Command Alkon is extremely pleased to win this prestigious award for helping this client better manage their complex operations and fill operational gaps, opening many opportunities for improvements that directly impacted bottom line results,” said Phil Ramsey, Chief Executive Officer at Command Alkon. “The company’s ability to know what inventory levels are at each plant ensures customer orders can be met and that customers will be satisfied.”

“First and foremost, we want to congratulate the winners of this year’s Top 100 for their successful and innovative projects, which serve as models to companies of all sizes for what is achievable in their supply chains,” says John Yuva, editor for Supply & Demand Chain Executive. “Regardless of company size, these projects are best-in-class examples of the types of efficiencies and bottom-line results that supply chain executives should be striving toward in their own operations. Our 2018 winners provide a roadmap for how to get there.”

The 2018 Supply & Demand Chain Executive 100 spotlights a few of the industry’s most successful and transformational projects that deliver value to enterprises across a range of supply chain functions. The supply chain projects featured in this awards program offer a forward-looking perspective for the industry on new opportunities designed to drive operational success.

Wayne Davis Concrete uses Command Alkon supplyCONNECT supply chain management solution for managing daily replenishment plans and reducing the costs, risks, and waste involved with both out of stock and overstock situations. The real-time supply and demand information provided by supplyCONNECT virtually eliminated stock outs. Time previously spent manually juggling each and very raw material replenishment need was now focused on ensuring customers’ deliveries. Costs improved by eliminating expensive wait times at plants, lowering their on-hand inventory and giving them the ability to proactively plan their material sourcing.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.

ABOUT COMMAND ALKON

At Command Alkon, we believe in building an amazing world with solutions that deliver automation, visibility, collaboration and simplification to the Heavy Building Materials industry. Our integrated, digital supply chain solutions create an ecosystem for producers, suppliers and haulers of ready-mixed concrete, aggregates, asphalt, cement, and manufactured concrete, where operational transparency and efficiency drive profits. For over 40 years, our people, software and automation have kept clients moving to build the things that matter. Command Alkon is headquartered in Birmingham, Alabama and has offices in locations around the globe. For more information, visit commandalkon.com.

For More Information, Contact:
Becky Boyd
MediaFirst PR
(770) 642-2080 x 214
becky@mediafirst.net 

Ed Rusch
Command Alkon
(205) 879-3282 x 2965
erusch@commandalkon.com 

Romet to Relocate to Larger, More Modern Facility

Move Enables Expansion of Production Capabilities

WASHINGTON, June 25, 2018 (GLOBE NEWSWIRE) -- Romet Limited announced at the opening of the 27th annual World Gas Conference today that the company will move its manufacturing operations to a new facility. The Mississauga, Ontario-based natural gas meter company has secured new space and acquired state-of-the-art equipment to expand its production capacity and ability to satisfy customer needs.

The new plant is located just minutes from its current location, which will ensure a smooth transition of staff and production equipment during the coming months.

“We’re excited about the opportunities this move brings, to our customers, our employees, and our community,” said Roy A. Sutterfield, vice chairman of Romet’s board. Sutterfield, who recently transitioned from CEO to vice chair, added: “The company’s significant capital investment in this new space, as well as modern machining and calibration equipment for metering and electronics production, allow us to better meet growing demand for Romet’s products and meter-related services.”

Newly named Romet CEO Brent Collver, P.Eng. concurred: “Our company is in an optimal position to continue to expand our business to meet the needs of the investor-owned utilities and other businesses worldwide that we serve.” Collver will play a pivotal role in integrating processes, enhancing efficiency and maximizing the benefits of the impending move.

Vice Chair Sutterfield, a 30-year veteran of the gas metering industry, and Chief Executive Collver, a results-oriented executive with extensive experience in the precision instruments manufacturing space, work closely together. With Sutterfield in a strategic capacity and Collver in an operations role, they’re jointly focused on safety, quality and timely delivery as natural gas continues to expand as a primary energy source.

Both Romet executives will be available in booth #2003 during exhibit hours throughout the five-day World Gas Conference.

About Romet
Romet is an international market leader in positive displacement rotary gas meters, electronic volume, temperature instrumentation and auxiliary equipment for the natural gas industry. Founded in 1972, the Toronto-based company markets and sells its products through authorized agents, representatives, and distributors worldwide, and is known for its high-quality products, innovative technology and strong commitment to customer service. Named one of Canada’s Best Managed Companies in 2017 and 2018, Romet has experienced double-digit, year-over-year growth for the past five years.

Romet Limited
romet@rometlimited.com

 

Board Chairman Elected at Panevezio statybos trestas AB

On 25 June 2018, at the first meeting of the new Board of Panevezio statybos trestas (legal entity code 147732969, address of the registered office P. Puzino Str. 1, Panevezys) the member of the Board Remigijus Juodvirsis has been elected as the Chairman.

More information:
Dalius Gesevicius
Managing Director
Tel.: (+370 45) 505 503


Corning Celebrates its 1 Millionth Gasoline Particulate Filter

 

Company's newest solution for automotive emissions control reaches production milestone as exhaust filtration technology is adopted on gasoline cars in Europe

CORNING, N.Y.; JUNE 25, 2018 - Corning Incorporated (NYSE: GLW) announced today that its Environmental Technologies business reached a significant production milestone at its Kaiserslautern, Germany manufacturing facility - producing its 1 millionth Corning® DuraTrap® GC gasoline particulate filter (GPF) for automotive emissions control.

Corning engineered these ceramic particulate filters specifically for gasoline engines, in anticipation of European auto market demand for this new emissions control technology to help automakers meet the Euro 6d emissions standard and introduce some of their cleanest gasoline models yet. Corning's production scale-up effort for DuraTrap® GC filters, which began with expansion of the Kaiserslautern facility in 2016, has been critical to ensure supply and support customers ahead of the regulatory implementation. 

"Corning is proud to be partnering with most major automakers to equip their new European gasoline engine platforms with our DuraTrap® GC gasoline particulate filters," said Klaus Wellstein, general manager, Corning GmbH. "Our Kaiserslautern facility has been managing expansion and production activities simultaneously to meet demand for these new products, preparing for the regulations alongside our customers."

Leveraging particulate filters in gasoline systems is an important engineering advancement for clean-vehicle technology in Europe as gasoline vehicles grow in popularity. Advanced gasoline engines, including high-performance gasoline-direct-injection (GDI) engines, offer consumers better fuel economy without sacrificing engine performance. However, they produce a high number of fine particulates, such as PM2.5, that impact air quality and human health.

Euro 6d emissions standards, which will be fully phased in by September 2018, call for a significant reduction in fine particulate emissions from GDI engine vehicles under new real-driving emissions (RDE) testing. These standards necessitate the use of particulate filtration in the treatment of gasoline exhaust.

DuraTrap® GC filters are designed and optimized to help automakers effectively reduce fine particulate emissions from gasoline engines. These filters feature a new, cordierite-based material composition with an innovative engineered ceramic microstructure that delivers high filtration efficiency of fine particulates, while maintaining engine performance with low back pressure. A range of wash coat loading needs are also supported for additional catalytic activity to help address tighter gaseous emissions standards as well.

"Reaching this one million gasoline particulate filter milestone is important for Corning and for clean-air initiatives in Europe," said Hal Nelson, vice president and general manager, Corning Environmental Technologies. "It marks the introduction of a next-generation emissions control solution with proven capability to help our customers meet new emissions standards and advance their gasoline systems to be cleaner and safer."

China will be the next market to introduce particulate filtration of gasoline engine exhaust. New emissions regulations, known as China 6, will be implemented beginning in 2020, and will apply to all gasoline engine vehicles, not just GDI. Once China 6 regulations are fully implemented in 2023, most gasoline vehicles in China will potentially require a gasoline particulate filter. Corning's growing collaboration with major automakers in China, driven by its advantaged DuraTrap® GC filter product portfolio, is increasing the company's pace of investment, including a new manufacturing facility in Hefei, China, announced in 2017.

Once regulations are fully adopted in Europe and China, Corning expects to build a gasoline particulate filter business with an estimated $500 million in annual sales.

Corning is a leading supplier of advanced cellular ceramic substrates and ceramic particulate filters for the world's major manufacturers of gasoline and diesel vehicles. The company invented an economical, high-performance, cellular ceramic substrate in the early 1970s that is now the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. Corning continues to leverage its expertise in material science and manufacturing to develop market-leading emissions control solutions that help our customers meet new emissions standards and enable cleaner air worldwide.

Caution Concerning Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Web Disclosure
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated ("Corning") wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning's media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company's SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.


Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.
  
Media Relations Contacts:                          

United States
M. Elizabeth Dann                                                       
(607) 974-4989                                                          
dannme@corning.com
                                   
Agatha Lutoborski                                         
(607) 248-4320                                              
lutoborsak@corning.com

Europe (Germany)
Andrea Bienko-Osann
49-611-7366-142
bienkoa@corning.com

China
Cara Xie
86-21-2215-2888
XieZ3@corning.com

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

Follow CorningRSS Feeds | Facebook | Twitter | YouTube

Martin Marietta Completes Divestitures in Connection With Bluegrass Materials Acquisition and Announces Acquisition of Sand and Gravel Business

RALEIGH, N.C., June 25, 2018 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) today announced it has completed the divestitures required pursuant to its agreement with the U.S. Department of Justice (DOJ) to resolve all competition issues with respect to Martin Marietta’s acquisition of Bluegrass Materials Company which closed on April 27, 2018.  Martin Marietta sold its Forsyth aggregates quarry north of Atlanta, Georgia, on April 27, 2018, and Bluegrass’ Beaver Creek aggregates quarry in western Maryland on June 5, 2018, both for cash.

The Company also announced it acquired CRH America’s (CRH) Mallard Sand & Gravel business in Omaha, Nebraska, on June 22, 2018.  This business consists of sand and gravel operations and a permitted greenfield site and will add approximately 30 million tons of aggregates reserves.  CRH was required to divest these assets pursuant to its agreement with the Federal Trade Commission as part of its acquisition of Ash Grove Cement Company.

Commenting on the transactions, Ward Nye, Chairman, President and CEO of Martin Marietta, stated, “We are pleased to conclude the DOJ’s Hart-Scott-Rodino process related to our acquisition of Bluegrass Materials.  Additionally, we are delighted to augment our Midwest business with the addition of Mallard Sand & Gravel and to welcome those employees to our company. These endeavors, all entirely consistent with our strategic plan and capital allocation priorities, better position us to continue to deliver both near- and long-term enhanced shareholder value.”  

About Martin Marietta

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt. Through a network of operations spanning 27 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources necessary for building the solid foundations on which our communities thrive. Martin Marietta's Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products.  For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com.

Investor Contact:  
Suzanne Osberg
Vice President, Investor Relations
(919) 783-4691
Suzanne.Osberg@martinmarietta.com

Subscribe to Construction and Materials News

Real Estate News from Globe Newswire

Command Alkon Wins SDCE 100 Supply Chain Award

Ready-Mix Concrete Producer Reduces Out of Stocks With supplyCONNECT

BIRMINGHAM, Ala., June 25, 2018 (GLOBE NEWSWIRE) -- Command Alkon, the global leader in integrated supply chain technology solutions for the Heavy Building Materials (HBM) industry, announces winning the SDCE 100 Award from Supply & Demand Chain Executive magazine. The 2018 Supply & Demand Chain Executive 100 award winners outline innovative ideas and solutions to guide industry leaders to maximize efficiency, profitability and operational success. Command Alkon was chosen for its project with Wayne Davis Concrete to better manage daily replenishment plans for this ready-mix concrete producer to reduce out of stocks.

“Command Alkon is extremely pleased to win this prestigious award for helping this client better manage their complex operations and fill operational gaps, opening many opportunities for improvements that directly impacted bottom line results,” said Phil Ramsey, Chief Executive Officer at Command Alkon. “The company’s ability to know what inventory levels are at each plant ensures customer orders can be met and that customers will be satisfied.”

“First and foremost, we want to congratulate the winners of this year’s Top 100 for their successful and innovative projects, which serve as models to companies of all sizes for what is achievable in their supply chains,” says John Yuva, editor for Supply & Demand Chain Executive. “Regardless of company size, these projects are best-in-class examples of the types of efficiencies and bottom-line results that supply chain executives should be striving toward in their own operations. Our 2018 winners provide a roadmap for how to get there.”

The 2018 Supply & Demand Chain Executive 100 spotlights a few of the industry’s most successful and transformational projects that deliver value to enterprises across a range of supply chain functions. The supply chain projects featured in this awards program offer a forward-looking perspective for the industry on new opportunities designed to drive operational success.

Wayne Davis Concrete uses Command Alkon supplyCONNECT supply chain management solution for managing daily replenishment plans and reducing the costs, risks, and waste involved with both out of stock and overstock situations. The real-time supply and demand information provided by supplyCONNECT virtually eliminated stock outs. Time previously spent manually juggling each and very raw material replenishment need was now focused on ensuring customers’ deliveries. Costs improved by eliminating expensive wait times at plants, lowering their on-hand inventory and giving them the ability to proactively plan their material sourcing.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.

ABOUT COMMAND ALKON

At Command Alkon, we believe in building an amazing world with solutions that deliver automation, visibility, collaboration and simplification to the Heavy Building Materials industry. Our integrated, digital supply chain solutions create an ecosystem for producers, suppliers and haulers of ready-mixed concrete, aggregates, asphalt, cement, and manufactured concrete, where operational transparency and efficiency drive profits. For over 40 years, our people, software and automation have kept clients moving to build the things that matter. Command Alkon is headquartered in Birmingham, Alabama and has offices in locations around the globe. For more information, visit commandalkon.com.

For More Information, Contact:
Becky Boyd
MediaFirst PR
(770) 642-2080 x 214
becky@mediafirst.net 

Ed Rusch
Command Alkon
(205) 879-3282 x 2965
erusch@commandalkon.com 

Romet to Relocate to Larger, More Modern Facility

Move Enables Expansion of Production Capabilities

WASHINGTON, June 25, 2018 (GLOBE NEWSWIRE) -- Romet Limited announced at the opening of the 27th annual World Gas Conference today that the company will move its manufacturing operations to a new facility. The Mississauga, Ontario-based natural gas meter company has secured new space and acquired state-of-the-art equipment to expand its production capacity and ability to satisfy customer needs.

The new plant is located just minutes from its current location, which will ensure a smooth transition of staff and production equipment during the coming months.

“We’re excited about the opportunities this move brings, to our customers, our employees, and our community,” said Roy A. Sutterfield, vice chairman of Romet’s board. Sutterfield, who recently transitioned from CEO to vice chair, added: “The company’s significant capital investment in this new space, as well as modern machining and calibration equipment for metering and electronics production, allow us to better meet growing demand for Romet’s products and meter-related services.”

Newly named Romet CEO Brent Collver, P.Eng. concurred: “Our company is in an optimal position to continue to expand our business to meet the needs of the investor-owned utilities and other businesses worldwide that we serve.” Collver will play a pivotal role in integrating processes, enhancing efficiency and maximizing the benefits of the impending move.

Vice Chair Sutterfield, a 30-year veteran of the gas metering industry, and Chief Executive Collver, a results-oriented executive with extensive experience in the precision instruments manufacturing space, work closely together. With Sutterfield in a strategic capacity and Collver in an operations role, they’re jointly focused on safety, quality and timely delivery as natural gas continues to expand as a primary energy source.

Both Romet executives will be available in booth #2003 during exhibit hours throughout the five-day World Gas Conference.

About Romet
Romet is an international market leader in positive displacement rotary gas meters, electronic volume, temperature instrumentation and auxiliary equipment for the natural gas industry. Founded in 1972, the Toronto-based company markets and sells its products through authorized agents, representatives, and distributors worldwide, and is known for its high-quality products, innovative technology and strong commitment to customer service. Named one of Canada’s Best Managed Companies in 2017 and 2018, Romet has experienced double-digit, year-over-year growth for the past five years.

Romet Limited
romet@rometlimited.com

 

Board Chairman Elected at Panevezio statybos trestas AB

On 25 June 2018, at the first meeting of the new Board of Panevezio statybos trestas (legal entity code 147732969, address of the registered office P. Puzino Str. 1, Panevezys) the member of the Board Remigijus Juodvirsis has been elected as the Chairman.

More information:
Dalius Gesevicius
Managing Director
Tel.: (+370 45) 505 503


Corning Celebrates its 1 Millionth Gasoline Particulate Filter

 

Company's newest solution for automotive emissions control reaches production milestone as exhaust filtration technology is adopted on gasoline cars in Europe

CORNING, N.Y.; JUNE 25, 2018 - Corning Incorporated (NYSE: GLW) announced today that its Environmental Technologies business reached a significant production milestone at its Kaiserslautern, Germany manufacturing facility - producing its 1 millionth Corning® DuraTrap® GC gasoline particulate filter (GPF) for automotive emissions control.

Corning engineered these ceramic particulate filters specifically for gasoline engines, in anticipation of European auto market demand for this new emissions control technology to help automakers meet the Euro 6d emissions standard and introduce some of their cleanest gasoline models yet. Corning's production scale-up effort for DuraTrap® GC filters, which began with expansion of the Kaiserslautern facility in 2016, has been critical to ensure supply and support customers ahead of the regulatory implementation. 

"Corning is proud to be partnering with most major automakers to equip their new European gasoline engine platforms with our DuraTrap® GC gasoline particulate filters," said Klaus Wellstein, general manager, Corning GmbH. "Our Kaiserslautern facility has been managing expansion and production activities simultaneously to meet demand for these new products, preparing for the regulations alongside our customers."

Leveraging particulate filters in gasoline systems is an important engineering advancement for clean-vehicle technology in Europe as gasoline vehicles grow in popularity. Advanced gasoline engines, including high-performance gasoline-direct-injection (GDI) engines, offer consumers better fuel economy without sacrificing engine performance. However, they produce a high number of fine particulates, such as PM2.5, that impact air quality and human health.

Euro 6d emissions standards, which will be fully phased in by September 2018, call for a significant reduction in fine particulate emissions from GDI engine vehicles under new real-driving emissions (RDE) testing. These standards necessitate the use of particulate filtration in the treatment of gasoline exhaust.

DuraTrap® GC filters are designed and optimized to help automakers effectively reduce fine particulate emissions from gasoline engines. These filters feature a new, cordierite-based material composition with an innovative engineered ceramic microstructure that delivers high filtration efficiency of fine particulates, while maintaining engine performance with low back pressure. A range of wash coat loading needs are also supported for additional catalytic activity to help address tighter gaseous emissions standards as well.

"Reaching this one million gasoline particulate filter milestone is important for Corning and for clean-air initiatives in Europe," said Hal Nelson, vice president and general manager, Corning Environmental Technologies. "It marks the introduction of a next-generation emissions control solution with proven capability to help our customers meet new emissions standards and advance their gasoline systems to be cleaner and safer."

China will be the next market to introduce particulate filtration of gasoline engine exhaust. New emissions regulations, known as China 6, will be implemented beginning in 2020, and will apply to all gasoline engine vehicles, not just GDI. Once China 6 regulations are fully implemented in 2023, most gasoline vehicles in China will potentially require a gasoline particulate filter. Corning's growing collaboration with major automakers in China, driven by its advantaged DuraTrap® GC filter product portfolio, is increasing the company's pace of investment, including a new manufacturing facility in Hefei, China, announced in 2017.

Once regulations are fully adopted in Europe and China, Corning expects to build a gasoline particulate filter business with an estimated $500 million in annual sales.

Corning is a leading supplier of advanced cellular ceramic substrates and ceramic particulate filters for the world's major manufacturers of gasoline and diesel vehicles. The company invented an economical, high-performance, cellular ceramic substrate in the early 1970s that is now the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. Corning continues to leverage its expertise in material science and manufacturing to develop market-leading emissions control solutions that help our customers meet new emissions standards and enable cleaner air worldwide.

Caution Concerning Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Web Disclosure
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated ("Corning") wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning's media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company's SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.


Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.
  
Media Relations Contacts:                          

United States
M. Elizabeth Dann                                                       
(607) 974-4989                                                          
dannme@corning.com
                                   
Agatha Lutoborski                                         
(607) 248-4320                                              
lutoborsak@corning.com

Europe (Germany)
Andrea Bienko-Osann
49-611-7366-142
bienkoa@corning.com

China
Cara Xie
86-21-2215-2888
XieZ3@corning.com

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

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Martin Marietta Completes Divestitures in Connection With Bluegrass Materials Acquisition and Announces Acquisition of Sand and Gravel Business

RALEIGH, N.C., June 25, 2018 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) today announced it has completed the divestitures required pursuant to its agreement with the U.S. Department of Justice (DOJ) to resolve all competition issues with respect to Martin Marietta’s acquisition of Bluegrass Materials Company which closed on April 27, 2018.  Martin Marietta sold its Forsyth aggregates quarry north of Atlanta, Georgia, on April 27, 2018, and Bluegrass’ Beaver Creek aggregates quarry in western Maryland on June 5, 2018, both for cash.

The Company also announced it acquired CRH America’s (CRH) Mallard Sand & Gravel business in Omaha, Nebraska, on June 22, 2018.  This business consists of sand and gravel operations and a permitted greenfield site and will add approximately 30 million tons of aggregates reserves.  CRH was required to divest these assets pursuant to its agreement with the Federal Trade Commission as part of its acquisition of Ash Grove Cement Company.

Commenting on the transactions, Ward Nye, Chairman, President and CEO of Martin Marietta, stated, “We are pleased to conclude the DOJ’s Hart-Scott-Rodino process related to our acquisition of Bluegrass Materials.  Additionally, we are delighted to augment our Midwest business with the addition of Mallard Sand & Gravel and to welcome those employees to our company. These endeavors, all entirely consistent with our strategic plan and capital allocation priorities, better position us to continue to deliver both near- and long-term enhanced shareholder value.”  

About Martin Marietta

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt. Through a network of operations spanning 27 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources necessary for building the solid foundations on which our communities thrive. Martin Marietta's Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products.  For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com.

Investor Contact:  
Suzanne Osberg
Vice President, Investor Relations
(919) 783-4691
Suzanne.Osberg@martinmarietta.com

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Homebuilder Stocks Directory Preview

ABB Ltd. ( NYSE:ABB ), ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in some 100 countries and employs approximately 120,000 people. In Canada ( www.abb.ca ), ABB employs over 2,000 people in 26 locations from coast to coast.

Abbey plc ( LSE:ABBY.L ) main activities are residential housing developments in the UK, Ireland and Prague.

Acciona SA ( OTC:ACXIF ; MCE:ANA.MC ) is one of the foremost Spanish business corporations, leader in the development and management of infrastructure, renewable energy, water and services. ACCIONA Construction is at the forefront in R&D+ and one of the leading construction companies in the world, using the latest techniques to carry out projects. ACCIONA Construction covers the whole range of construction , from engineering to the performance of works and their later maintenance, and also the management of public works concessions, particularly in the field of transport and social infrastructures.

Acuity Brands, Inc., ( NYSE:AYI ) is a North American market leader and one of the world`s leading providers of luminaires, lighting control systems and related products and services with fiscal year 2010 net sales of over $1.6 billion. The Company`s lighting and system control product lines include Lithonia Lighting®, Holophane®, Peerless®, Mark Architectural Lighting(TM), Hydrel®, American Electric Lighting®, Gotham®, Carandini®, RELOC®, Antique Street Lamps(TM), Tersen®, Winona® Lighting, Syner­gy® Lighting Controls, Sensor Switch®, Lighting Control & Design(TM), Dark to Light®, ROAM®, Sunoptics®,  acculampTM) and Healthcare Lighting®. Headquartered in Atlanta, Georgia, Acuity Brands employs ap­proximately 6,000 associates and has operations throughout North America, Europe and Asia.

AECOM Technology Corporation ( NYSE:ACM ) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.1 billion during its fiscal year 2009.

Aecon Group Inc. ( TSX:ARE.TO ) As the largest publicly traded construction and infrastructure development company in Canada, our expertise covers the full range of services, including design and construction, financing, operating, procurement and project management.

Aerofoam Metals Inc. ( OTCPK:AFML ) under the brand Aerometal, manufactures foamed aluminum products for applications in automotive, defense, and aerospace industries.

Alumasc Group plc ( LSE:ALU.L ) is a UK based supplier of premium building and precision engineering products. The majority of the group's business is in the area of sustainable building products which enable customers to manage energy and water use in the built environment. We believe that growth rates in these sectors, through the construction cycle, will exceed UK industry averages.

AMCOL International Corporation ( NYSE:ACO ) produces and markets a wide range of specialty minerals and materials used for industrial, environmental and consumer-related applications. AMCOL operates four primary segments: Minerals & Materials, Environmental, Oilfield Services and Transportation, providing a diverse range of products and services. Major markets served include metalcasting, detergents, pet products, building materials and personal care.

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