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IFF Appoints Virginia “Gina” Drosos to Board of Directors
NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF)—a global leader in flavors, fragrances, food ingredients, health and biosciences—today announced the appointment of Gina Drosos to its board of directors, effective June 16. Drosos brings more than 30 years of executive leadership experience across the retail, consumer goods, beauty and health care industries. “We are very pleased to welcome Gina to the IFF board,” said Kevin O’Byrne, chair of the board. “Gina brings extensive relevant experience, deep...
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ACI Elevates Health and Hygiene with the launch of Cleaning for Health Initiative
WASHINGTON--(BUSINESS WIRE)--The American Cleaning Institute launched its new Cleaning for Health initiative, aimed at empowering individuals and communities with the knowledge and tools to put into practice smart, targeted cleaning strategies that not only maintain their health, but create healthier living environments. ACI's latest survey, conducted by Wakefield Research, revealed that 97% of Americans believe cleaning and hygiene are important for public health and the health of our communit...
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Lubrizol Announces an Important Milestone for Its Novel Patented Excipient, Apisolex™ Polymer
CLEVELAND--(BUSINESS WIRE)--Lubrizol announces that an Apisolex™ polymer excipient-enabled drug formulation is in Phase 1 clinical trials. Introduced to the market in 2022, Apisolex polymer excipient is a polyamino acid-based polymer that enhances the solubility of BCS Class II and IV active pharmaceutical ingredients (API). Apisolex polymer excipient is manufactured following Good Manufacturing Practices (GMP) guidelines and can be used in dosage forms for various routes of administration, inc...
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Crane Company to Acquire Precision Sensors & Instrumentation from Baker Hughes Company
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire Precision Sensors & Instrumentation (“PSI”), a leading provider of sensor-based technologies for aerospace, nuclear and process industries, from Baker Hughes (NASDAQ: BKR), an energy technology company, for $1,060 million after adjusting for expected tax benefits with an estimated net present va...
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TriMas Appoints Thomas Snyder President and Chief Executive Officer
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that Thomas J. Snyder has been appointed President and Chief Executive Officer, and to the TriMas Board of Directors, effective June 23, 2025. Mr. Snyder is succeeding Thomas Amato, the current President and Chief Executive Officer of the Company. Mr. Snyder brings nearly 35 years of experience in the packaging industry, having served in several leadership positions at Silgan Holdings Inc., a global manufacturer of p...
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Graham Corporation Reports Fourth Quarter and Full-Year Fiscal 2025 Results
BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) (“GHM” or the “Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries, today reported financial results for the fourth quarter and fiscal year 2025 ending March 31, 2025 (“fiscal 2025”). “We closed fiscal 2025 with strong momentum, as our fourth quarter results reflected solid execution and sustained...
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Mitsubishi Electric to Conduct Demonstration Using CO2 Capture Machine Developed by ITRI in Taiwan
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a demonstration of technology to capture CO2 from flue gas, using a CO2 capture machine developed by the Industrial Technology Research Institute (ITRI) in Taiwan and installed at Mitsubishi Electric’s Advanced Technology R&D Center in Amagasaki, Hyogo Prefecture on June 9. The demonstration will last until September 2027. In April 2024, Mitsubishi Electric and ITRI concluded a basic ag...
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Graco Announces Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on August 6, 2025, to shareholders of record at the close of business on July 21, 2025. The company has approximately 165.6 million shares outstanding. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and ma...
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Li-Cycle Receives Cease Trade Order from Ontario Securities Commission
TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (OTC Pink Markets: LICYQ) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, announced that, after close of markets on June 5, 2025, the Company received a cease trade order (“CTO”) issued by the Ontario Securities Commission (“OSC”) as a result of the Company’s failure to file periodic disclosures required by Ontario securities legislation. These disclosures include the interim financial statements, a...
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American Vanguard Reports First Quarter 2025 Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard® Corporation (NYSE: AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the first quarter ended March 31, 2025. Financial and Operational Highlights – First Quarter 2025 versus First Quarter 2024: Net sales of $115.8 million v. $135.1 million; Ad...