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Illinois Tool Works to acquire fasteners business for $450 million

2016-01-25 20:22:07| Industrial Machines - Topix.net

Illinois Tool Works Inc. of Glenview announced today that it has reached an agreement to acquire the engineered fasteners and components business from ZF TRW for about $450 million. EF&C, a global supplier of engineered fastening systems and interior technical components to the Automotive OEM market, generated revenues of approximately $470 million in 2015.

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Study says cuts have cost Virginia schools $800 million a year

2016-01-25 18:52:00| American School & University

Cuts made in response to 2008 recession should be restored, the Commonwealth Institute argues read more

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DOE Awards ComEd $4 Million for Renewable Technology

2016-01-25 17:01:00| Transmission & Distribution World

ComEd has received a $4 million award from the U.S. Department of Energy SunShot Initiative to design and deploy solar and battery storage technology. read more

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Novavax Announces Proposed Offering of $200 Million of Convertible Senior Notes Due 2023

2016-01-25 13:46:50| Biotech - Topix.net

Novavax, Inc. , a clinical-stage vaccine company focused on the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants, today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of convertible senior unsecured notes that will mature on February 1, 2023 . The Notes will be offered and sold only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

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Sunpower Secured New Centralised Steam BOT Project Worth RMB95 Million

2016-01-25 03:45:29| pollutiononline Home Page

Mainboard-listed Sunpower Group Ltd. ("Sunpower" or "the Group"), a China-based heat transfer technology specialist engaged in the design, R&D and manufacture of energy-efficient and environmental protection equipment for diverse industries, is pleased to announced that it has secured a centralised steam Build-Operate-Transfer ("BOT") project ("Lianshui Project" or the "Project") in Lianshui Economic Development Zone (the "Zone") which is located at Jiangsu Province, China

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