Indiana Business

Anthony C. Murphy Shares Life Experiences in New Book...

01 01 1970

YONKERS, N.Y. April 26, 2017 Travel the world through the eyes and words of Anthony C. Murphy. From his travels to Europe, the U.K., the U.S. and Mexico, Murphy writes a journal narrating his travels and life’s experiences in poetic form. All the pieces in “Scoppetry� (published by AuthorHouse) are all written recently about life's travails through modern times. “Scoppetry� is a mixed-up book of poems and prose. The pieces take place in many countries, but they are all rooted by the writer’s observation of his relationship’s quirks, wherever he may roam. According to the book, “Scop� is an old English word for poet, and in “Scoppetry,� the author attempts to revive that wandering minstrel with modern narratives. Playful and funny, “Scoppetry�...

Angie's List Announces Stockholder Merger Consideration Election Results

01 01 1970

As previously announced, Angie's List, IAC/InterActiveCorp, a Delaware corporation and the parent company of ANGI Homeservices (NASDAQ: IAC, or "IAC"), ANGI Homeservices and Casa Merger Sub, Inc. entered into an Agreement and Plan of Merger dated as of May 1, 2017, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of August 26, 2017 (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of Angie's List common stock, par value $0.001 per share (the "Angie's List Common Stock") outstanding immediately prior to the effective time of the Merger will be converted into the right to receive, at the holder's election (i) in the case of a share of Angie's List Common Stock with respect to which an election to receive a share of Class A common stock, par value $0.001 per share, of ANGI Homeservices (a "Class A share") has been properly made and not revoked or lost, one Class A share (the "Share Consideration") or (ii) in the case...

Anchor Glass Container Corporation Names Vice President of Engineering and Vice President of Supply Chain

01 01 1970

Press Release - updated: Oct 18, 2017 11:26 EDT TAMPA, FL , October 18, 2017 - Nipesh H. Shah, President and CEO of Anchor Glass Container Corporation headquartered in Tampa, Florida, has announced the following additions to the Anchor Glass Senior Leadership Team today. Steve Stout has been named as Vice President-Engineering. Steve will be responsible for strategic capital investments and developing technical bench strength for the organization.  Steve joins Anchor after having spent over 22 years with one of the world’s largest float glass manufacturers.  Steve brings with him a wealth of knowledge and experience about manufacturing, glass furnaces, construction and project development and execution. Nilesh Kamdar will join Anchor Glass as Vice President - Supply Chain.Nilesh will be responsible for procurement, planning, customer service and logistics for the organization.  Nilesh’s expertise in supply chain, strategy and general management spans more...

Anchor Glass Container Corporation Appoints Nipesh Shah as Chief Executive Officer

01 01 1970

TAMPA, Fla., July 11, 2017 - Anchor Glass Container Corporation ("Anchor Glass"), a leading North American manufacturer of premium glass packaging products, announced today that Nipesh Shah has been named Chief Executive Officer. Mr. Shah will succeed Jim Fredlake, who informed the board of his intention to retire from Anchor Glass. The appointment is effective July 24, 2017, and from that date, Mr. Shah will assume responsibility for the ongoing operations of Anchor Glass and will join the Board of Directors. Mr. Shah joins Anchor Glass from Consolidated Container Company, where he served as Senior Vice President and General Manager for the Consumer and Industrial Group. Previously, Mr. Shah held a number of senior positions at Momentive Specialty Chemicals Inc. from 2004 to 2014. Mr. Shah had formerly also held management positions at Honeywell, Avery Dennison, and Dover Chemical Corporation. He holds a Master of Science degree from the University of Akron and a Bachelor of Engineering...

American Securities Completes Sale of Royal Adhesives & Sealants to H.B. Fuller Company

01 01 1970

Royal is a global developer and manufacturer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based and water-based technologies to meet the most demanding adhesive and sealant applications. "We are proud of our commitment to innovation and our long-term customer relationships," said Ted Clark, President and CEO of Royal. "We have drawn upon American Securities' significant experience in the specialty chemicals sector to help us continue to deliver industry-leading growth.  We look forward to our next chapter of growth with...

American Securities Announces Agreement to Sell Royal Adhesives & Sealants to H.B. Fuller Company

01 01 1970

Royal is a global developer and manufacturer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based and water-based technologies to meet the most demanding adhesive and sealant applications. Scott Wolff, a Managing Director of American Securities, commented, "We are proud to have partnered with Ted and the entire Royal management team to drive organic growth through new business wins and growth through acquisitions." "We are proud of our commitment to innovation and our long-term...

American Resources Corporation Restarts and Ships First Thermal Coal Train from its Mill Creek Preparation Plant

01 01 1970

RapidLoader Rail Loadout "Given the steady improvements in the coal markets, we have begun the development or evaluation of three additional mines in the area that are anticipated to be profitable and could be producing in short-order with only a modest amount of additional working capital." FISHERS, INDIANA October 27, 2017 American Resources Corporation (OTCQB: AREC), through its wholly owned subsidiary Quest Energy Inc. and Deane Mining LLC, has shipped its first unit train of thermal coal from its previously idled Mill Creek coal preparation plant. Operation of Deane Mining’s Mill Creek preparation plant, located in Letcher County, Kentucky, is made possible in part through the start of the Access Energy underground mine, which belts directly to the plant’s raw coal stockyard. The 800 ton-per-hour preparation plant is serviced by the CSX railroad and utilizes a batch-weight rail loadout. Mill Creek preparation plant also has the ability to load processed coal directly...

American Resources Corporation Begins Development of Second...

01 01 1970

Our team prides itself on operating under a culture of safety and efficiency which enables the company to compete in all markets. Fishers, Indiana March 17, 2017 FISHERS, INDIANA, March 17th, 2017 – American Resources Corporation (OTCQB: AREC), through its wholly owned subsidiary Quest Energy Inc, has commenced development of its permitted “Carnegie 2” coal mine in the Alma coal seam, located in Pike County, Kentucky. Carnegie 2, which will be sold in the High Vol A/B metallurgical markets, is a green-field operation that will be mined as a room and pillar underground operation. Similar to the company’s Carnegie 1 mine in the same coal seam, Quest Energy is anticipating a cost structure that is sub-$55 per ton. The portal location of the Carnegie 2 mine is geographically located near Quest Energy’s McCoy Elkhorn Coal Bevins Branch processing and load-out facilities, enabling cost-effective logistics, processing and blending capabilities. Both the...

AM General Displays Modernized and Diversified Mobility Solutions Highlighting Innovative Partnerships at AUSA 2017

01 01 1970

"The AUSA Expo is an incredible venue that allows us to demonstrate to our domestic and international customers AM General's innovation and versatility," said AM General President and CEO, Andy Hove. "Initiatives like the Enhanced Applique Program (which showcases products like the HMMWV Hawkeye), and the Modernized Chassis reinforce our commitment to provide the best mobility solutions for our customers' unique expeditionary needs. Today, we build more military vehicles than any other company in the world, and that is a testament to the reliability and flexibility of our automotive systems." AM General representatives will be available to discuss the innovative vehicles on display, as well as provide in-depth information on engineering and logistics services, their award-winning global supply chain management, field service support, as well as parts and equipment warranty support. ...

AM General Awarded More Than $550 Million In New Global HMMWV Delivery Orders

01 01 1970

These new delivery orders are provided through the recently announced $2.2 billion, 5-year, firm fixed price Foreign Military Sale (FMS) requirements contract to manufacture an estimated quantity of up to 11,560 new HMMWVs. Since award of this FMS requirements contract less than a month ago, AM General has already received orders for more than a quarter of the $2.2 billion, 5-year total maximum value of the contract. The pace of these recent new HMMWV delivery orders highlights the significant global demand for the modern, rugged, versatile and affordable vehicles, and builds upon the current globally installed base of over 250,000 HMMWVs in use worldwide in over 60 different countries. The HMMWV platform performs more mission roles than any other tactical vehicle in the world. The modern HMMWV built by AM General, today includes many improvements throughout the...

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