latest news releases from the newsroom
Dougherty County Schools Opt for High Quality Omnisports Synthetic Surfaces From FieldTurf Tarkett
MONTREAL, Aug. 28, 2008 (GLOBE NEWSWIRE) -- The Dougherty County School system has upgraded the gymnasiums in 12 of their county schools with FieldTurf Tarkett's multi-purpose Omnisports synthetic surface. This represents a major sports facility enhancement project for the Dougherty County School system in Albany, Georgia. The 12 Omnisports installations were completed over the course of the summer.
Joy Global Inc.
Joy Global Inc. Announces the Acquisition of Wuxi Shengda
MILWAUKEE, Aug. 28, 2008 (GLOBE NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity mining solutions, today announced that China Mining Machinery, the Company's wholly-owned subsidiary, has entered into a definitive agreement to acquire 100% of the outstanding shares of Wuxi Shengda, a Chinese manufacturer of longwall shearing machines, for $22.0 million, excluding closing costs. Wuxi Shengda primarily serves the markets for provincial mining companies and employs approximately 450 at its facility in Wuxi, China. Completion of the transaction is subject to the receipt of necessary regulatory approvals and other customary closing conditions and is expected to occur during the fourth calendar quarter of 2008.