Of those participating in more engaged relationships, 48% report EBITDA growth increases of more than 5% in their company over the past year, compared with just 22% of those with a more traditional relationship.
OEM Supply sales of $224.7 million increased by 9.3% from the prior year quarter, reflecting the ramp up of a contract in Europe and an improvement in North America heavy truck production levels versus the downturn in the same quarter of last year.
The world's second-largest economy grew by 7.8% over a year earlier in the three months ending in September, boosted by higher government spending, data showed Friday. That was up from a two-decade low of 7.5% the previous quarter.
Leader Global Technologies is a manufacturer and provider of spiral wound and metal gaskets for a variety of industrial applications worldwide and is headquartered in Houston, TX.
Over 530 power transmission and motion control industry representatives from nearly 230 PTDA member companies attended the PTDA 2013 Industry Summit. Top executives convened on October 3-5, 2013 in Palm Desert, CA.
Charge! Energy Storage, formerly known as Installing Dealer Supply, Inc., is a California manufacturer and distributor based in Lake Elsinore, CA with a 24-year history in the construction materials business.
Carlisle Transportation Products makes and distributes bias-ply and radial tires, stamped and roll-formed steel wheels, and tire and wheel assemblies to non-automotive customers.
Despite uncertainty in Washington and rising oil prices and interest rates, companies are upbeat on the prospects for economic growth in the next year, according to a quarterly survey of business economists.
CEO Dave Cote commented: "Looking ahead to 2014, we are planning for a continued slow growth macro environment, but see a path to strong earnings growth driven by our relentless seed planting in new products and technologies, continued penetration of high growth regions, and growing traction on key process initiatives."
The company’s reported revenues increased by 4% to $3,749 million, compared with revenues of $3,593 million for the 2012 third quarter. Total U.S. revenues were up by 5% compared to 2012, and revenues from international operations increased by 3%.
So how did the shutdown alter our daily routines? Here's a look at a day in the life of the 2013 government shutdown.
CEO Washkewicz comments: "We are increasing our fiscal 2014 guidance to reflect higher than anticipated earnings in the first quarter and a larger than expected gain related to the GE Aviation joint venture, which will be recorded in our second quarter."
Results were led by North America with a new high in overall revenue, supported by solid offshore activity and the seasonal rebound of activity in Western Canada. US land operations showed impressive resilience through improved efficiency, new technology penetration, and market share gains in a highly competitive market with largely constant rig count.
General Electric says net income fell 9% in the third quarter as the company struggles to increase profit after shedding media and banking assets. The company said orders rose 19% in the quarter.
Under a long-term contract, Praxair’s new plant will supply industrial gases to ArcelorMittal, a leading integrated steel and mining company. The energy-efficient air separation plant will enable ArcelorMittal to serve customers across all major steel-consuming industries, including automotive, mining, construction, and household appliances and packaging.
Sales totaling $3.69 billion were up 9% compared to the third quarter of 2012. Net income for the quarter was $173.7 million, up slightly from $172.9 million recorded in the same period of the previous year.
The agreement would make it easier for Canadian companies to invest in and sell to the 28-member EU and its 500 million consumers, and vice versa. The deal will lower tariffs, streamline regulation, and cut red tape that hampers trade.
Industrial Internet Predictivity technologies will enable global industries to achieve outcomes such as minimal unplanned downtime, increased productivity, preventive maintenance, lower fuel costs, and reduced emissions.
Yngen has been a member of the Camfil board for the last year and brings to his new position a solid international business background from several industries. Prior to joining Camfil, he worked for the Electrolux Group, with management responsibility for its European operations, and was later appointed CEO of the Husqvarna Group.
The budget agreement Congress reached Wednesday cheered investors and removed the threat of a catastrophic debt default that could have triggered another recession. Yet the temporary nature of the deal means a cloud will remain over a sluggish U.S. economy that was further slowed by the government's partial shutdown.