Latest Industrial products and services News
Japan's central bank survey finds less optimistic manufacturers, but happier service sector
TOKYO (AP) — A key Japanese central bank report said Monday that sentiment among big manufacturers has sagged but that optimism is at a three-decade high among large business outside the manufacturing sector. The Bank of Japan's “tankan” report said sentiment among large...
Energy agency announces $6 billion to slash emissions in industrial facilities
The Biden administration announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector — the largest-ever U.S. investment to decarbonize domestic industry to fight climate change. The industrial sector is responsible for roughly 25% of all...
Doing business in China is growing tougher, more uncertain, European business group says
BEIJING (AP) — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more...
DXP Enterprises: Q4 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — DXP Enterprises Inc. (DXPE) on Thursday reported earnings of $16 million in its fourth quarter. The Houston-based company said it had net income of 94 cents per share. Earnings, adjusted for non-recurring costs and pretax expenses, were $1.12 per...
Distribution Solutions: Q4 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Distribution Solutions Group, Inc. (DSGR) on Thursday reported a loss of $16.3 million in its fourth quarter. The Chicago-based company said it had a loss of 35 cents per share. Earnings, adjusted for one-time gains and costs, came to 22 cents per...
CSW Industrials: Fiscal Q3 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — CSW Industrials Inc. (CSWI) on Thursday reported profit of $9.2 million in its fiscal third quarter. On a per-share basis, the Dallas-based company said it had net income of 59 cents. Earnings, adjusted for non-recurring costs, were $1.07 per share. ...