$MTRN (Materion Corporation)

$MTRN {{ '2016-08-18T17:19:17+0000' | timeago}} • Announcement

Supplier of engineered advanced enabling materials $MTRN stated that its Board of Directors has declared 3Q16 dividend of $0.095 per share of common stock. This dividend will be payable on Sept. 2, 2016 to shareholders of record at the close of business on Aug. 19, 2016.

$KAMN {{ '2018-01-16T17:22:14+0000' | timeago}} • Announcement

$KAMN said its Aerospace segment received a contract modification in excess of $17MM for the procurement of Joint Programmable Fuzes. The award is an additional order under Option 13 of the JPF contract with the US Air Force. The modification increases the total value of Option 13 to more than $102MM, all of which was in backlog at Dec. 31, 2017.

$PX {{ '2018-01-16T15:26:54+0000' | timeago}} • Announcement

$PX expanded its long-term hydrogen supply agreement with Motiva Enterprises LLC. $PX will increase the amount of hydrogen it supplies to Motiva's about 600,000 barrel per day refinery in Port Arthur, Texas. This agreement secures the additional hydrogen required to support that expansion, as well as the ongoing needs of the refinery.

$KMT {{ '2018-01-16T13:41:17+0000' | timeago}} • Announcement

$KMT said that effective Jan. 16, 2018, Peter Dragich will become the company's VP of the Industrial business. Additionally, Ron Port will become the company's VP and President of the Infrastructure business segment with global responsibility for the company's advanced materials, earth cutting tools, engineering components and ceramics business.

$X {{ '2018-01-12T20:06:34+0000' | timeago}} • Announcement

With regard to completion of Department of Commerce's investigation, $X encourages President Trump to take swift and decisive action. "Our Nation cannot afford to allow the continued rise of foreign imports that undermine America's capacity to produce the steel necessary for our country's national and economic security," the company stated.

$ATI {{ '2018-01-11T15:18:46+0000' | timeago}} • Announcement

$ATI signed two new Long-Term Pricing Agreements (LTPAs) with $GD Land Systems to be the preferred supplier of titanium plate for the Abrams tank (United States) and the AJAX specialist vehicle (United Kingdom). The Abrams LTPA runs through 2019 while the AJAX LTPA runs through 2021.

$KAMN {{ '2018-01-10T19:21:07+0000' | timeago}} • Announcement

$KAMN announced that Rebecca F. Stath has been appointed to serve as Assistant Vice President, SEC Compliance and External Reporting, reporting to John J. Tedone, Vice President, Finance and Chief Accounting Officer.

$KAMN {{ '2018-01-10T19:16:01+0000' | timeago}} • Announcement

$KAMN announced that Amanda N. Balboni has been appointed to serve as Assistant Vice President, Internal Audit. Ms. Balboni has previously worked at Coburn Technologies, Stanley Black & Decker and PricewaterhouseCoopers.

$MSA {{ '2018-01-09T19:42:03+0000' | timeago}} • Announcement

$MSA BoD declared 1Q18 dividend of 35 cents per share on common stock. The dividend is payable March 10, 2018 to shareholders of record on February 14, 2018.

$PII {{ '2018-01-09T19:13:23+0000' | timeago}} • Announcement

$PII named Lucy Clark Dougherty as its SVP, General Counsel, Compliance Officer and Corporate Secretary, reporting to Chairman and CEO Scott Wine effective Jan. 29, 2018. Dougherty will also serve as president of the Polaris Foundation.

$WAB {{ '2018-01-09T18:01:53+0000' | timeago}} • Announcement

$WAB has appointed Donald M. Itzkoff as Vice President, Government Relations and Public Affairs. Itzkoff comes to $WAB from General Electric Company, where he led US government affairs for GE Transportation.

$AIT {{ '2018-01-09T14:46:20+0000' | timeago}} • Announcement

$AIT has agreed to acquire FCX Performance, Inc. for approx. $768MM. The deal is expected to close within 30 days. The acquisition is expected to contribute about $550MM in sales and $68MM in EBITDA in the first 12 months of applied ownership. The deal is expected to be accretive in FY19 after recognition of one-time transaction costs in FY18.

$EMN {{ '2017-12-27T14:20:06+0000' | timeago}} • Announcement

$EMN announced the mechanical completion of its coal gasification plant and that it is currently in the process of restarting. The restart is expected to enable full production of acetyls chemicals and derivatives in early 2018.

$WOR {{ '2017-12-19T14:04:38+0000' | timeago}} • Announcement

During 2Q18, $WOR's Steel Processing's net sales was $538.4MM, up 6% helped by higher average direct selling prices. Pressure Cylinders' net sales rose 55% YoY to $300.9MM, due to contributions from the Amtrol acquisition and Engineered Cabs' net sales were $30.4MM, up 35%.

$WOR {{ '2017-12-19T13:57:16+0000' | timeago}} • Announcement

$WOR reported 20% jump in its 2Q18 net sales to $871.3MM, helped by higher average direct selling prices in Steel Processing, higher volumes in Pressure Cylinders and contributions from Amtrol acquisition. However, net income fell to $39.4MM, or $0.62 per share, from $46.6MM, or $0.72 per share in 2Q17, due to pre-tax impairment charges of $8.3MM.

$KMT {{ '2017-12-15T15:54:55+0000' | timeago}} • Announcement

Engineering company $KMT has named Joseph Alvarado to its board of directors, effective January 1, 2018. Alvarado is slated to retire as chairman of Commercial Metals Company next month. He joined Commercial Metals in April 2010 as EVP and COO, and went on to become President and COO in April 2011.

$MSA {{ '2017-12-14T15:07:35+0000' | timeago}} • Announcement

$MSA's BoD has elected Nishan J. Vartanian as a director of the company. Mr. Vartanian currently serves as President and COO. His election is part of a planned management succession, and coincides with an announcement made by Chairman and CEO William M. Lambert that he intends to retire as CEO in May of 2018.

$JCI {{ '2017-12-11T16:43:09+0000' | timeago}} • Announcement

$JCI's BoD appointed John Young to serve as a director. Young is currently group president of $PFE Essential Health. Effective Jan. 1, 2018, he will become group president of Pfizer Innovative Health, which comprises six business groups focused on improving health through innovative products covering every stage of life.

$XYL {{ '2017-12-11T13:46:00+0000' | timeago}} • Announcement

$XYL agreed to buy Pure Technologies Ltd. for an enterprise value of $397MM. Pure's BoD has unanimously approved the transaction and recommends that Pure shareholders vote in favor of the transaction. It is expected to close in 1Q18. Xylem expects to achieve at least $12MM in annual cost synergies within two years of closing.

$IVC {{ '2017-12-08T13:18:08+0000' | timeago}} • Announcement

$IVC announced a reduction in force in North America that is expected to generate approx. $8.5MM in annualized pretax savings. The company expects to incur total restructuring charges in 4Q17 of approx. $2.6MM on a pretax basis, principally in the NA/HME segment and to a lesser extent in the Institutional Products Group segment.

$EMN {{ '2017-12-08T12:24:36+0000' | timeago}} • Announcement

$EMN has declared a quarterly cash dividend of $0.56 per share on its common stock. The dividend is payable on January 5, 2018, to stockholders of record on December 18, 2017.

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