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Flow International Announces Cancellation of Omax Acquisition

May 14, 2009

Flow International Corporation (Kent, WA; NASDAQ: FLOW) announced that it would not exercise its option to acquire OMAX Corporation. Charley Brown, President and CEO of Flow said, ?After a thorough review of our financing alternatives, and discussions with OMAX Corporation…

World's Largest Windfarm Gets Green Light

May 14, 2009

The world's largest planned offshore windfarm, the London Array, has been given the green light by key backers following a commitment by the U.K. government to offer better subsidies to investors. According to reports by Industrial Info Resources (Sugar Land,…

Kimberly-Clark Acquires Welding Products Provider Jackson Safety

May 13, 2009

Kimberly-Clark Corporation (Dallas, TX) recently acquired Jackson Products, Inc., a privately held safety products company headquartered in Fenton, MO. Jackson Products, Inc., more commonly known within the industry as Jackson Safety, is a leading provider of welding safety products, personal…

Peddinghaus Announces Engineering Promotions

May 13, 2009

Peddinghaus Corporation announced the promotions of two senior engineers at its Bradley, IL facility. Mr. James Magnuson was recently named as Vice President of Research and Development. Magnuson will be responsible for the development of new machine concepts. These concepts…

Tormach Joins Microsoft Windows Embedded Systems Partner Program

May 11, 2009

Tormach, LLC (Waunakee, WI) has announced that it has joined the Microsoft Windows Embedded Partner Program. The new relationship with Microsoft will give Tormach access to Windows Embedded solutions and technologies, improving software solutions and lowering development costs for the…

Thompson Receives Silver Boeing Performance Excellence Award

May 8, 2009

Friction welding machine manufacturer Thompson (Halesowen, UK) has been awarded a prestigious accolade by Boeing in recognition of its high standards as a supplier. It is the second prize for Thompson so far this year as it has just been…

Advanced Metal Etching to Receive ISO 9001:2008 Certification

May 8, 2009

Advanced Metal Etching, Inc. (Ligonier, IN) will receive ISO 9001:2008 certification from Intertek Testing Services Corporation in February 2010. Advanced Metal Etching is currently ISO 9001:2000 certified and completed the necessary audit with Intertek for re-certification. Advanced Metal Etching is…

Steel Executives Open to Mergers and Acquisitions Despite Slowdown

May 8, 2009

According to the latest report issued by the Deloitte Touche Tomhatsu Global Manufacturing Industry Group (New York, New York), about 69 percent of the executives interviewed from the steel manufacturing industry are still considering merger and acquisition strategies, despite the…

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