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Magnox to axe up to 1600 employees at 12 nuclear sites as part of restructuring

2015-05-22 01:00:00| Power Technology

Nuclear facility operator Magnox intends to cut its workforce across 12 nuclear power stations by September 2016.

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Kennametal posts loss, announces third phase of restructuring

2015-05-06 01:29:20| Industrial Machines - Topix.net

Kennametal Inc. has identified more opportunities to cut costs and consolidate manufacturing, the company announced Tuesday.

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Radisys Restructuring Overshadows Company's Value Proposition

2015-05-04 07:15:07| Semiconductors - Topix.net

Radisys' restructuring from its legacy hardware business is progressing as planned. To quickly recap, Radisys is undertaking a strategic shift to become a software centric business that will take advantage of 4G/LTE services such as VoLTE, a network that treats voice services as data rather than depending on voice specific networks.

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Valmont Announces First Quarter 2015 Results and a Restructuring Plan

2015-04-24 14:03:48| Industrial Machines - Topix.net

OMAHA, Neb., April 22, 2015 /PRNewswire/ - Valmont Industries, Inc. , a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported first quarter sales of $670.4 million compared with $751.7 million for the same period of 2014. First quarter 2015 operating income was $57.7 million versus $98.8 million in 2014.

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Albright Technologies Announces Organizational Restructuring

2015-04-23 12:31:09| Industrial Newsroom - All News for Today

Leominster, Massachusetts - Albright Technologies, a leading provider of silicone prototyping and low-volume production molding solutions, announced today a restructuring of its organization following a comprehensive evaluation of its workforce. The restructuring will pose the company to be better suited to the...

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