China Architectural Engineering, Inc. (CAE) (NASDAQ:CAEI ), a leader in the design, engineering, fabrication and installation of high-end building envelope systems, today announced that Wang Xin, former CFO of the Company, has been appointed as the Company’s interim CFO, to replace Xin Yue Jasmine Geffner, who has decided to leave CAE for personal reasons, effective [...]
RPM International Inc. (NYSE: RPM) announced today that it has called for redemption all of its outstanding Senior Convertible Notes due May 13, 2033. The company also announced that, on June 1, 2008, in accordance with the terms of the indenture under which the notes were issued, the notes became eligible for conversion based upon [...]
NovaGold Resources Inc. (TSX:NG)(AMEX:NG) today announced that it has received the necessary Federal and Provincial authorizations and permits to allow NovaGold’s Board of Directors to approve the start of construction for the Galore Creek copper-gold deposit in northwestern British Columbia.
Board approval for construction activities was contingent on receiving full Provincial and Federal authorization for the [...]
Meadow Valley Corporation (NASDAQ:MVCO) announced today that it has been awarded three new construction contracts by the Arizona Department of Transportation valued at a total of approximately $47.5 million.
Meadow Valley won a $40.2 million contract to construct three new precast concrete girder bridges and new High Occupancy Vehicle (HOV) lanes by widening the existing median [...]
Alternative Construction Company, Inc. (OTC Bulletin Board: ACCY) released today its first quarter sales and profits for 2007. Pursuant to its recent restructuring, earnings results compared favorably with year ago results. Both profit and revenue numbers were the result of a year long effort to effectuate efficiency measures, productivity gains, cost of capital reductions, raw [...]
Hill International (Nasdaq:HINT), the worldwide construction consulting firm, announced today that it has received a contract from Tanmiyat Real Estate Co. to provide project management services during the construction of Bin Samikh Tower in Doha, Qatar. The 2-year contract has an estimated value to Hill of approximately QR9.0 million ($2.5 million).
The 73-story skyscraper will feature [...]
Pacific Ethanol, Inc., the largest West Coast-based marketer and producer of ethanol, today announced that it has received all the discretionary permits necessary to begin construction of a 50 million gallon per year ethanol facility located adjacent to the city of Calipatria, California. The Company further stated that it expects to begin construction, which should [...]
Park City, UT – In conjunction with today’s completion of the adjusted $239.1 million sale of its Steamboat Ski & Resort Corporation in Colorado to Intrawest Holdings S.A.R.L. and its affiliated company, Steamboat Acquisition Corp., American Skiing Company (ASC) today permanently repaid all outstanding obligations under portions of its Senior Credit Facility. This includes the [...]
Executives from Caterpillar Inc., Mitsubishi Heavy Industries Ltd. and Shin Caterpillar Mitsubishi Ltd. have signed a nonbinding memorandum of understanding to conclude a plan that would result in a new ownership structure for SCM.
The companies are in discussions with the intention of reaching definitive agreements for the plan where Caterpillar would own the majority [...]
Graphic Packaging Corporation today reported a net loss for second quarter 2006 of $26.0 million or $(0.13) per diluted share, based upon 198.7 million shares. This compares to a second quarter 2005 net loss of $19.6 million, or $(0.10) per diluted share, based upon 198.6 million shares.
The second quarter net loss was impacted by higher [...]