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SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the first quarter ended March 31, 2025. First Quarter 2025 Summary1 (in millions, except per share and margin) Q1 2025 Q1 2024 Change Net Sales $24.7 $28.0 (11.8)% Gross Profit $4.8 $2.3 108.7% Gross Profit Margin 19.4% 8.2% 1120bps Net Loss ($1.0) $(5.5) (81.8)%...

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $104.3 million for the three months ended March 31, 2025, compared to $110.2 million for the three months ended March 31, 2024. Both the Forged and Cast Engineered Products (“FCEP”) segment and the Air and Liquid Processing (“ALP”) segment had lower sales year-over-year. Despite lower sales, the Corporation reported income from operations of $3.9 million for the three months ended March 31, 2025, which...

LOS ANGELES--(BUSINESS WIRE)--Hundreds of L.A. area high school students will get paid and earn valuable industry credentials in construction, welding and other skilled trades this summer through support from Harbor Freight Tools for Schools’ L.A. County Skilled Trades Summers program. The education and training can help meet the region’s enormous workforce demands to rebuild communities devastated by January’s wildfires and address the shortage of housing and other infrastructure needs. More t...

DETROIT--(BUSINESS WIRE)--Zebra Technologies Corporation, a global leader in digitizing and automating frontline workflows, today announced that it is presenting its newest solutions to advance intelligent automation across manufacturing and warehouse operations. Zebra’s portfolio is being showcased in Booth 3207 at Automate 2025 on May 12-15 at Detroit’s Huntington Place. “Visibility is the first step to transformation, and the adoption of AI and intelligent automation enables manufacturers an...

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Reports First Quarter 2025 Financial Results...

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock and Series A convertible preferred stock, to be paid on June 6, 2025 to stockholders of record as of the close of business on May 20, 2025. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a susta...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”), a global leader in silicon carbide technology, today announced the appointments of Paul Walsh and Mark Jensen to the Company’s Board of Directors (the “Board”). Both Mr. Walsh and Mr. Jensen will serve as members of the Audit Committee. Tom Werner, Chairman of the Board, commented, “We are pleased to add two highly-qualified directors, Paul and Mark, to our Board. They both bring invaluable industry expe...

LONDON, Ontario--(BUSINESS WIRE)--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report that metallurgical test work validation is essentially complete for the bismuth circuits for the Company’s 100% owned NICO cobalt-gold-bismuth-copper critical minerals project in Canada (“NICO Project”). The Process Design Criteria has been compiled and delivered to Worley Canada Services Ltd. (“Worley”) to engineer the facilities and in...

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced that the Company decided to withdraw the acquisition of shares of common stock of Makino Milling Machine Co., Ltd. (the “Target Company”) , a company listed on the Prime Market of the Tokyo Stock Exchange, Inc., through a tender offer (the “Tender Offer”) effective May 9, 2025. As announced in the press release dated April 3, 2025, titled “Notice Regarding Commencement of Tender O...

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) (the “Company” or “Alcoa”) announced that its Board of Directors (the “Board”) has named Thomas J. Gorman as non-executive Chairman of the Board, effective today, May 8, 2025, immediately upon the conclusion of the Company’s 2025 Annual Meeting of Stockholders. Mr. Gorman has served as an independent director of the Board since May 2021, and succeeds Steven W. Williams in that position, who stepped down from the Board effective...