South Korea's Hyundai Motor Co. reported its lowest quarterly profit in nearly two years Thursday due to lackluster car sales at home and a surge in the local currency that made it less competitive with Japanese automakers. South Korea's largest automaker earned 1.89 trillion won ($1.77 billion) in the October-December quarter, down 5.5 percent over a year earlier.
Mitsubishi Heavy Industries Ltd. plans to build a new plant for its subsidiary Mitsubishi Aircraft Corp.'s production of a new small jet now under development, company sources said Thursday. The company intends to secure a 7.8-hectare site neighboring an airport in Toyoyama, Aichi Prefecture, for the plant, which is expected to contribute to invigorating the regional economy through additional employment.
State officials say they have approved incentives for 14 business expansions that could generate more than $1 billion in investments and about 4,600 jobs in Michigan. Gov. Rick Snyder announced Wednesday the Michigan Strategic Fund approved the performance-based grants for projects across the Lower Peninsula.
Honeywell returned to a profit in its fourth quarter, helped by lower pension-related costs. Its adjusted results met analysts' estimates, and revenue topped Wall Street's expectations. Shares edged up in premarket trading Friday. The technology and manufacturing conglomerate from Morris Township, N.J., earned $251 million, or 32 cents per share, for the three months ended Dec. 31.
At the World Economic Forum, Cisco CEO John Chambers says it is easier to do business in Canada and Russia than in the U.S. He says that other countries "get" how important it is to attract business, favorable tax policy, and working together with businesses to achieve goals. He also says that, right now, the U.S. is not country that attracts business.
The maX HD Gloves feature neoprene and rubber protection points at the knuckle and palm for extra protection and lower risk of impact injuries, says the company, and spandex finger crotches provide ease of movement and ventilation.
Nature Boost is a new additive derived from vegetable extracts exclusive to Bio-Circle Environmental Solutions.
Nano-ceramic particles act as sub-microscopic ball bearings to provide continuous lubrication to steel surfaces.
The pre-mounted and easy-to-configure system optimizes product flow of varied package sizes and weights for high density accumulation and maximized throughput, says the company.
The new line of cordless powered pumps can provide a portable, cost-effective solution for remote locations that delivers the speed, power, and longevity of a corded pump, says the company.
This LED light is equipped with a 16 inch diameter head that produces 10,000 lumens of light in a wide flood pattern.
Unlike other indicators, the light measures electrolyte levels without a direct current being drawn from the cell, says the company.
The application now has an interactive Tolerance Table, where the user can input his own machine RPM and the app will kick back the respective Alignment Tolerances for both short flex and spacer type couplings, says the company.
Available in 20- and 27-inch wide configurations, Powered Skid Lifters feature a lifting capacity of 2,200 pounds and raised height of 31½ inches.
The new SuitCase X-TREME 12VS features a new drive motor assembly, motor control, and integrated tachometer.
These air guns feature a unique patent design, are available in pistol grip or palm actuated, and were designed with ergonomic comfort and workplace safety in mind, says the company.
This new electrically isolated DC/DC Converter avoids critical earth loops from an unregulated or distorted input voltage, and it generates a stable, low-distortion output voltage.
The FixturePoint line includes clamps and modular fixturing components for the set-up of 2D and 3D frames for welding.
The Self-Adjusting Wire Stripper/Cutter (Cat. No. 11061) features a stripping head that adjusts to strip 10-20 AWG solid, 12-22 AWG stranded, and 12/2 & 14/2 Romex® wire.