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TOKYO - Wednesday, March 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Toshiba Corporation (TOKYO:6502) today announced that the company will collaborate with GLOBALFOUNDRIES in the manufacture of Toshiba's FFSATM (Fit Fast Structured Array) products. Toshiba will expand its FFSATM business through production at GLOBALFOUNDRIES’s fabs. Initial products will be manufactured using GLOBALFOUNDRIES 65nm-LPe and 40nm-LP processes, with plans to extend the collaboration to the company’s 28nm High-K Metal Gate (HKMG) technology.

Toshiba’s FFSATM products, developed in collaboration with BaySand Inc. of the U.S., can be configured simply by customizing the design of a few metal layers. This customization process secures a much shorter development turn-around-time than with conventional ASIC devices, and satisfies increasing market needs for high performance, high specifications and low power technologies. At a time of ever-shorter product life cycles, time available for development is ... Read more »

Qatar Investment Authority and Certares lead group investing $900 million for 50% stake in joint venture; American Express retains 50% ownership

ME Newswire / Business Wire

NEW YORK - Tuesday, March 18th 2014

  Investment creates additional capacity for products, technology and servicing capabilities

American Express Company (NYSE:AXP) today announced that it has signed an agreement to create a joint venture for its Global Business Travel division ("GBT”). Under the agreement, American Express will share ownership of the joint venture with an investor group led by Certares. In the proposed transaction, American Express will separate its GBT operations into a dedicated holding structure, which will include certain assets and liabilities that currently comprise GBT, and will have a 50% ownership stake in the joint venture following the closing. In exchange for an investment of $900 million in the joint venture, the investor group will hold the remaining ... Read more »

Research examines the critical role of organizational change management and effective communication

NEWTOWN SQUARE, Pa - Tuesday, March 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- According to the Project Management Institute’s Pulse of the Profession® In-Depth Report: Enabling Organizational Change Through Strategic Initiatives, 48 percent of strategic initiatives are unsuccessful, and as a result, nearly 15 percent of every dollar spent on strategic change initiatives is lost due to poor project performance. The good news is that success rates are significantly higher in organizations that report being highly effective at organizational change management. For these high-performing "change enablers,” twice as many strategic initiatives meet original goals and are completed on time and on budget compared to organizations that are not as good at managing change.

Expanding on findings from the global 2014 Pulse of the Profession® study and PMI’s Managing Chang ... Read more »

MIDDLEBURY, Conn - Tuesday, March 18th 2014 [ME NewsWire]

(BUSINESS WIRE) Addivant today announced the completion of the first phase of capacity expansions at Gulf Stabilizers Industries (GSI), the company’s joint venture in Al Jubaïl, Saudi Arabia. Once completed, the production capacity of hindered phenolic antioxidants, ANOX® 20 and ANOX® PP18 and, phosphite antioxidant ALKANOX® 240 will double to 10,500 metric tons.

GSI's Board of Directors also announced that plans are underway to expand production capacity of the ANOX® NDB® product line to 24,000 metric tons per annum to meet growing customer demand for a range of new, higher performing products.

GSI is a joint venture between Addivant and Zamil ChemPlast, one of Saudi Arabia's leading industrial manufacturing companies.

"We have worked closely with our customers in the Middle East since 2001, when we were the first additive company to invest in the region. Today, GSI remains the on ... Read more »

LUXEMBOURG - Tuesday, March 18th 2014 [ME NewsWire]

(BUSINESS WIRE) SES (NYSE Paris:SESG) (LuxX:SESG) has announced today that it has increased its reach in 2013 worldwide to 291 million and in Europe to 151 million TV homes. This represents an increase of 5 percent both worldwide and in Europe, compared to the previous year, strongly driven by the development in Africa, Middle East and, especially, India (+ 18 percent) and in Asia-Pacific (+ 7 percent). The household reach in Latin America grew by 5 percent, in North America by 3 percent. These are the results of SES’ annual market research, including the detailed Satellite Monitor studies in Europe.

The direct reach from the SES fleet to satellite homes grew from 99 million in 2012 to 106 million satellite TV homes in 2013. The indirect reach through the feed of cable networks from SES satellites grew slightly, from 152 to 153 million homes; the number of IPTV homes fed from SES satellites increased by 27 percent to 31 ... Read more »

BRISTOL, Conn - Tuesday, March 18th 2014 [ME NewsWire]

(BUSINESS WIRE) Barnes Group Inc. (NYSE:B), an international industrial and aerospace manufacturer and service provider, today announced the appointment of Scott A. Mayo to the position of Senior Vice President, Barnes Group Inc. and President, Barnes Industrial, effective immediately.

As President of Barnes Group’s Industrial segment, Mr. Mayo will lead all of the company’s diverse industrial businesses across the globe. "Scott’s 20 plus years of experience in growing engineered products businesses, as well as his strong knowledge of global markets, and significant expertise in sales, marketing and new product development, make him an excellent choice to strengthen and lead our Industrial segment,” said Patrick Dempsey, President and Chief Executive Officer, Barnes Group Inc. "I am confident that his experience and talents will drive sustainable, profitable growth and innovation in our Indus ... Read more »