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Archive for the ‘Manufacturing’

Carlisle Announces 34th Consecutive Year of Dividend Increases

August 09, 2010 By: NCTechNews Category: Manufacturing

csl_light_blue_on_white  (Charlotte, N.C.) The Board of Directors of Carlisle Companies Incorporated (NYSE: CSL) has declared a 6.3% increase in the Company’s regular quarterly dividend, to $0.17 per share from $0.16 per share. The dividend is payable on September 1, 2010 to shareholders of record at the close of business on August 17, 2010. This marks the 34th consecutive year of dividend increases for Carlisle shareholders. (more…)

Martin Marietta Materials, Inc. to Broadcast Second Quarter Conference Call Live on the Internet

July 27, 2010 By: NCTechNews Category: Manufacturing

mlm (Raleigh, N.C.) Martin Marietta Materials, Inc. (NYSE:MLM) today announced that it will provide an online Web simulcast of its second quarter 2010 earnings conference call on Tuesday, August 3, 2010. The Company will release results for the second quarter and six months ended June 30, 2010, that morning before the market opens. (more…)

Carlisle Companies Reports $0.62 Earnings

July 27, 2010 By: NCTechNews Category: Manufacturing

csl_light_blue_on_white  (Charlotte, N.C.) Carlisle Companies Incorporated (NYSE:CSL) reported net sales from continuing operations of $709.4 million for the quarter ended June 30, 2010, an 11% increase from net sales of $636.7 million in the second quarter of 2009. The Interconnect Technologies segment’s acquisitions of Jerrik and Electronic Cable Specialists (ECS) and the Engineered Transportation Solutions segment’s acquisition of Japan Power Brake contributed $15.7 million in sales, or 2.5%, in the second quarter of 2010. Organic sales increased by 8.6% from the same quarter in the prior year, with sales growth primarily in the Construction Materials, Engineered Transportation Solutions and Interconnect Technologies segments. (more…)

Montie Design Launches CFD Analysis Service Featuring CFdesign Software

July 22, 2010 By: David D. Menzies Category: Engineering, Innovation, Manufacturing, Product Design

(Morrisville, N.C.) Collaborative product design and development firm Montie Design is proud to announce the launch of its computational fluid dynamics (CFD) analysis service utilizing industry-leading design simulation software from Blue Ridge Numerics, Inc. (more…)

VF Announces 47% Increase in Second Quarter Earnings Per Share and Raises Guidance

July 22, 2010 By: NCTechNews Category: Manufacturing

logo_bluecircleregistered (Greensboro, N.C.) VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, today announced results for the second quarter of 2010. All per share amounts are presented on a diluted basis. Second quarter revenues rose 7% to $1,594.1 million from $1,485.6 million in the second quarter of 2009. Net income and earnings per share reached record levels in the quarter, with each increasing by 47%. Net income rose to $110.8 million or $1.00 per share, compared with $75.5 million or $.68 per share in the 2009 quarter. (more…)

Montie Design Receives First Shipment of Innovative Tree Rest, Now Available for Purchase Online

July 07, 2010 By: David D. Menzies Category: Innovation, Manufacturing

(Morrisville, N.C.) Collaborative product design and development firm Montie Design has received its first shipment of the Tree Rest, another product in its innovative line of portable hunting and recreational shooting equipment. The innovative firearms accessory is now available for purchase by customers online via www.montie.com. (more…)

Xerium Technologies Regains Compliance with NYSE Continued Listing Standards

July 02, 2010 By: NCTechNews Category: Manufacturing

xerium_logo(Raleigh, N.C.) Xerium Technologies, Inc. (NYSE:XRM), a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, today announced that on June 29, 2010, it received notification from the New York Stock Exchange (“NYSE”) that it has regained full compliance with NYSE standards for continued listing of the Company’s common stock on the exchange. (more…)

KYOCERA Launches New Cutting Tools in CA45-Series Coated Carbide Grades for Cast Iron Machining

June 25, 2010 By: NCTechNews Category: Manufacturing

(Mountain Home, N.C.) Kyocera Industrial Ceramics Corporation, Cutting Tool Division today announced its new CA4505 and CA4515 CVD coated carbide grades of indexable cutting tool inserts for machining gray and nodular (ductile) cast iron. Featuring Kyocera’s new Bright Black (BB) coating technology, the CA45-series offers superior resistance to premature insert wear and fractures. (more…)

Hanesbrands Inc. Says China Currency Fluctuation Policy Will Not Have Material Effect on the Company

June 24, 2010 By: NCTechNews Category: Manufacturing

(Winston-Salem, N.C.) Hanesbrands Inc. (NYSE: HBI) said today that China’s decision to allow fluctuation of the Renminbi/yuan currency value will not have a material effect on company performance and will not alter the company’s global supply chain advantages, including its East Asia manufacturing hub. (more…)

Culp, Inc., to Broadcast 2010 Fiscal Fourth-Quarter and Year-End Conference Call Live on the Internet

June 14, 2010 By: NCTechNews Category: Manufacturing

(High Point, N.C.) Culp, Inc. (NYSE:CFI), announced that it will provide an online, real-time webcast and rebroadcast of its fiscal 2010 fourth-quarter and year-end conference call on Thursday, June 17, 2010, at 11:00 a.m. ET. During this call Culp will review the company’s financial and operating results for the fourth quarter and year ended May 2, 2010. Results for the fourth quarter and year ended May 2, 2010, will be issued after the close of market trading on Wednesday, June 16, 2010. (more…)

Clearwater Paper Selects Shelby for New Tissue Machine and Converting Facility

June 11, 2010 By: NCTechNews Category: Manufacturing

cwp_sig_3col_rgb(Spokane, Wash. and Shelby, N.C.) At a ceremony Thursday, Gov. Bev Perdue announced that Clearwater Paper Corporation (NYSE:CLW) has chosen Shelby as the location to build its newest tissue facility. The company had previously announced the project, which includes a Through-Air-Dried (TAD) paper machine and seven converting lines capable of producing ultra grades of private label tissue products. (more…)

Polyester Fibers Recognized for One Million Employee Hours Without Lost-Time Incident

June 09, 2010 By: NCTechNews Category: Manufacturing

(Conover, N.C.) Polyester Fibers, an Empire Investment Holdings company, announced today that the Charlotte, North Carolina location of its Cumulus Fibres division, has been recognized by the North Carolina Department of Labor and the Safety and Health Council of North Carolina for its safety excellence. Polyester Fibers is a diverse manufacturer that produces value-added, high-loft nonwoven textiles for multiple industries and end-uses. (more…)