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January Steel Shipments Up 9.7% from December
U.S. steel mills shipped 8,210,726 net tons in January 2013, up 9.7% from the previous months' 7,483,120 net tons, according to data from the American Iron and Steel Institute.
AISI data released in mid-March showed that January 2013 shipments were down 3.4% from the 8,497,932 net tons shipped...
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SEB Alliance Invests in Air-Cleaning Start-Up
SEB Alliance, the investment company for French small appliance maker Groupe SEB, is one of the investors in Ethera, a Grenoble-based start-up developing innovative solutions to measure and eliminate indoor air pollutants.
Other investors were Emertec fund and NEC-K. The three partners have...
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UTC Reaffirms 2013 Outlook
United Technologies Corp., parent company of HVAC/R producer Carrier, reaffirmed its expectation for 2013 earnings per share of $5.85 to $6.15, on sales of $64 to $65 billion.
"We are focused on integration of the transformed portfolio and execution of our growth strategy," said Chairman and CEO...
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De'Longhi SpA 2012 Revenues Up 7%
De'Longhi SpA reported consolidated, full-year 2012 revenues of EUR 1,530.1 million, up 7.0% from 2011 revenues. Ebitda (before non-recurring items) was EUR 232.3 million, up 10.8% from 2011. Net income was EUR 118.0 million. Ebit was EUR 84.5 million, or 15.6% of revenues, up 20.8% from the...
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Barbecue Industry Reveals New Products and Trends at 2013 Expo
The Hearth, Patio & Barbecue Association (HPBA) said that 2012 was another strong year for the barbecue industry in North America, with shipments of grills and smokers reaching more than 14.3 million. The association said 85% of North American households own a grill or smoker, and most--62%--of...
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