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CI CyberNews, Vol. 8 No. 18
ARMORWORKS RECEIVES $5.2 MILLION SIDE ARMOR CONTRACT ArmorWorks Enterprises, LLC recently announced the receipt of a contract from The Defense Supply Center Philadelphia (DSCP) for enhanced side ballistic inserts (ESBI) for the U.S. Air Force. These advanced ballistic inserts protect the side of the torso with state-of-the-art ceramic and composite armor technology. This contract will be fulfilled by July 2007. “We are proud that the U.S. Army, U.S. Air Force, U.S. Marine Corps and U.S. Navy have all selected ArmorWorks to be a primary supplier of side armor protection,” said Bill Perciballi, CEO and president.
For more information, visit www.armorworks.com.
ASAHI GLASS PRODUCES FLUORINE INSULATING MATERIAL Asahi Glass Co., Ltd. has succeeded in volume production of a fluorine insulating material featuring relative permittivity of 2.4-2.5, which is among the lowest in the industry. The new product is an organic insulating material that can be applied as interlayer dielectrics for wide-ranging high-frequency devices, including GaAs- and GaN-based compound semiconductors. With high thermostability (at up to 350ºC), the new material can be used in high-temperature processes. The material will make it possible to largely reduce wiring capacitance, raise the operation frequency of devices and reduce power consumption. Asahi developed the material as part of its efforts to build its
Electronics & Energy business. Asahi’s website is located at www.agc.co.jp.
CERADYNE REPORTS RECORD FIRST QUARTER FINANCIAL RESULTS Ceradyne, Inc. recently reported that its sales for the first quarter ended March 31, 2007, increased 38.2% to a record $188.4 million from $136.3 million in the first quarter of 2006. Net income for the first quarter of 2007 increased 54.8% to a record $38.1 million, or $1.38 per diluted share, compared to net income of $24.6 million, or $0.90 per diluted share, in the first quarter of 2006. “During the first quarter, the company continued to pursue its strategy of product and market global diversification in both defense and non-defense areas,” said Joel P. Moskowitz, chief executive officer. “We authorized and began implementation of a $15 million expansion of our
ESK subsidiary in Kempten, Germany. This expansion is designed to increase capacity for our recently introduced Boroneige® boron nitride powder for both cosmetic and industrial applications. We also are expanding capacity to produce a wide range of industrial silicon carbide ceramic seals for various fluid handling uses.” Additional information is available at www.ceradyne.com.
FERRO APPOINTS KATZAKIS CHIEF ACCOUNTING OFFICER Ferro Corp. recently announced that Nicholas Katzakis has joined the company as chief accounting officer. He was formerly vice president, controller and compliance officer for U-Store-It Trust, and director of financial services and controller for A. Schulman, Inc. Katzakis, who is a certified public accountant, served as a senior auditor at the former Touche Ross & Co. before moving into corporate finance roles. He earned a master’s of business administration degree from Cleveland State University and a bachelor’s degree in business administration from Kent State University. Ferro’s website is located at www.ferro.com.
LIBBEY NAMES FREEMAN VICE PRESIDENT, GLOBAL SUPPLY CHAIN Jonathon S. Freeman was recently appointed to the new position of vice president, Global Supply Chain for Libbey Inc. In this new position, Freeman will have direct responsibility for all U.S. operations, including plant operations, materials and finished goods purchasing for all businesses, warehousing, distribution, logistics, production planning, and customer service. In addition, he will be responsible for import procurement and sourcing. Freeman comes to Libbey from Delphi Corp., where he most recently served as director of Global Logistics. Visit www.libbey.com for more information.
MAGNECO/METREL PASSES ISO 9001:2000 AND 14001:2004 Magneco/Metrel, Inc. recently announced that its Negley, Ohio, manufacturing facility has passed ISO 9001:2000 and ISO 14001:2004 audits with zero non-conformances. “Since 1999, Magneco/Metrel has been committed to Quality Management Systems, and our ongoing high performance standards are exemplified by this most recent audit, which we passed with flying colors,” said Charles W. Connors, Sr., president. “This year, we took our dedication one step further with the addition of the ISO 14001:2004 Environmental Management Systems, and were gratified to receive a perfect score.” Magneco/Metrel’s Negley facility manufactures the company’s Metpump line of
nanoparticulate refractories. For additional information, call (630) 543-6660 or visit www.magneco-metrel.com.
STEDMAN APPOINTS UECKER REGIONAL SALES MANAGER Matt Uecker has been appointed the Northern Territory regional sales manager for Stedman Machine Co. and Innovative Processing Solutions. His responsibilities include selling crushing equipment and systems to industrial customers. Uecker received a bachelor’s of science degree in mechanical engineering from General Motors Institute in Flint, Mich., and has over 20 years of industry experience in engineering and industrial sales. For more information, call (800) 262-5401 or (812) 926-0038, fax (812)926-3482, e-mail
sales@stedman-machine.com, or visit www.stedman-machine.com.
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