WASHINGTON – The US Department of Energy announced up to $52.5 million for DOE’s Industrial Assessment Centers that help American manufacturers and wastewater treatment facilities improve efficiency, save money, and reduce their carbon footprint. These university-based training programs also create a pipeline for students looking to join the growing clean energy economy.
Read more ...SEOUL – LG Electronics won a patent infringement lawsuit against TCL Communication Technology and two European affiliates covering specific LTE technology.
Read more ...ANDOVER, MA – MKS Instruments confirmed it submitted a revised offer on Mar. 5 to acquire all outstanding shares of Coherent for $250 per share, composed of $135 in cash and $115 in shares of MKS common stock.
Read more ...WILMINGTON, DE – DuPont has entered into a definitive agreement with private equity firm Advent International to acquire Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances.
Read more ...BROMMA, SWEDEN – NCAB Group reported fourth quarter net sales increased 22% year-over-year to SEK 514.9 million (US$60.4 million).
CHICAGO – Methode Electronics reported fiscal third quarter net sales were $295.3 million, up 3.3% year-over-year, including a favorable foreign currency impact of $9.7 million.