Inside the Coors family’s secretive ceramics business worth billions
Three hundred thousand tourists flock to Golden, Colo. each year to pay homage to the Coors family beer business. There are no signs, however, pointing to a campus of low-slung, beige buildings tucked 2 miles behind the brewery that serves as global headquarters for the other half of the family empire, a secretive ceramics company named CoorsTek that is making the Coors family more money than its famous beer business.
Saxon Glass sues Apple over ‘Ion-X’ glass branding
Saxon Glass Technologies is suing Apple for trademark infringement. At present the court has yet to publish the formal complaint from Saxon. All we have are the basics of the case as noted in a summary noted below. With the complaint absent Patently Apple checked out Saxon’s website looking for something that would shed some light on this case.
China unveils jetliner in bid to compete with Boeing, Airbus
A state-owned manufacturer unveiled the first plane produced by a Chinese initiative to compete in the market for large passenger jetliners. China is one of the biggest aviation markets but relies on Boeing and Airbus aircraft. The multibillion-dollar effort to create the homegrown C919 jetliner is aimed at clawing back some of the commercial benefits that flow to foreign suppliers.
Fiskars to transfer manufacturing from Helsinki ceramics factory
The employee consultation process, started on Sept. 16, 2015, at the Helsinki ceramics factory has been concluded. As a result, Fiskars has made the decision to transfer the manufacturing operations from the Helsinki ceramics factory to a partner network outside Finland during 2016, as such the manufacturing at the factory will permanently end by the first quarter of 2016.
Air Products’ spin-off materials technologies business is now Versum Materials
Versum Materials has been selected as the new company name for the Materials Technologies business of Air Products. Derived from the Latin word for “toward,” the name “Versum” communicates the new company’s ability to continuously move toward materials, which is core to its own business, and provide cutting-edge solutions and innovation.
Glass industry finds continued profitability in ‘going decorative’
The glass industry has undergone a decorative revolution in the last decade, with more and more glass companies offering a widening range of decorative glass products—from digitally printed to acid-etched, and specialty laminated to back-painted, and more. Correspondingly, the industry has witnessed a sharp increase in companies offering decorative glass products.
US construction spending rises to 7.5-year high
U.S. construction spending rose in September to the highest level in 7.5 years as both private and public outlays increased, suggesting a modest upward revision to the third-quarter GDP growth estimate. Construction spending advanced 0.6% to $1.09 trillion, the highest level since March 2008, after an unrevised 0.7% increase in August.
Avure Technologies becomes Quintus Technologies
Avure Technologies AB, headquartered in Västerås, Sweden, has changed its name to Quintus Technologies AB. Avure Technologies Inc. in the U.S. will continue to focus on high pressure processing food processing machines; Quintus Technologies in Sweden and the U.S. will continue to focus on high pressure metal working and material densification equipment for the manufacturing industry.