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Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

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(Reuters) – Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker’s exit from commercial aviation. FILE PHOTO: Bombardier’s logo is seen on the building of the company’s service centre Read More

U.S. Well Services, Inc. Enters into Exclusive Electric Motor Purchase Agreement with AmeriMex

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HOUSTON, June 25, 2019 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (NASDAQ: USWS) today announced that it has entered into an agreement with AmeriMex Motor & Controls, LLC. (“AmeriMex”), a subsidiary of Industrial Service Solutions. Under the terms of the agreement, AmeriMex will provide electric motors exclusively to USWS as it relates to electric hydraulic Read More

‘Storm approaching’: firms fear for deliveries in shipping shakeup

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LONDON/LOS ANGELES (Reuters) – U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months. FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) on Terminal Island at the Read More

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

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WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. FILE PHOTO: A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, Read More

U.S. arms makers see booming European demand as threats multiply

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PARIS (Reuters) – U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. A Lockheed Martin F-16 fighter of the Belgian Air Force performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 22, 2019. Read More

India’s space startups ignite investor interest

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MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race. Bellatrix Aerospace CEO Rohan Ganapathy stands next to a vacuum chamber at their laboratory Read More

‘Not part of the deal’: Turks say US can’t exclude them from F-35 program

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The United States cannot force Turkey out of the F-35 fighter jet program without the consent of other parties, as this is prohibited by the program agreement, Turkey’s head of defense industries has warned. The F-35 arrangement between nine states, including the US and Turkey, does not allow a single party to remove another from Read More

Sunworks to Construct 751 kW Solar Project for Plumas Mutual Water District

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ROSEVILLE, Calif., June 21, 2019 (GLOBE NEWSWIRE) — Sunworks, Inc. (Nasdaq: SUNW), a provider of solar power solutions for agriculture, commercial and industrial (ACI), public works and residential markets, today announced a new 751 kW solar power construction project for Plumas Mutual Water District, a water company located in Yuba City, California that distributes water Read More

Green Plains Completes Private Offering of 4.00% Convertible Senior Notes Due 2024

4 days ago DieselGasoil Comments Off on Green Plains Completes Private Offering of 4.00% Convertible Senior Notes Due 2024
OMAHA, Neb., June 21, 2019 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced the completion of its offering of $105 million aggregate principal amount of 4.00% convertible senior notes due 2024. The notes were offered and sold in a private placement to qualified institutional buyers as defined in Rule 144A under the Securities Act Read More