Mechanical Technolgy (MKTY) 1.2900 $MKTY
Global and Chinese Tire Mold Industry Report 2015
M2 - Mon Aug 17, 10:39AM CDT
Research and Markets (http://www.researchandmarkets.com/research/q66kgf/global_and) has announced the addition of the "Global and Chinese Tire Mold Industry Report, 2015" report to their offering. Short supply of tire mold caused by tire investment boom in 2013 continued to the first half year of 2014. Since the second half of 2014, due to sluggish domestic demand for tire, coupled with negative impact brought by anti-dumping and countervailing investigations launched by the United States, domestic sales and exports of tire have been suppressed, and the demand for tire mold has been declining. In 2014, the tire mold industry in China achieved the revenue of RMB4.22 billion, up 8.6% from the previous year, indicating a substantial decline in growth rate compared with a year-on-year rise of 29.07% in 2013. In point of market supply, as of the end of 2014, there were around 100 tire mold manufacturers in China, including 30 ones or so each with annual revenue of RMB20 million or more from their prime operations and 2 listed ones (Himile Mechanical Science and Technology (Shandong) and Greatoo). Seven companies boasted capacity of more than 2,000 sets apiece. In 2014, tire mold output in China reached 29,594 sets, representing a year-on-year growth rate of 5.86%. Regarding competitive landscape, Himile has become the world's largest tire mold manufacturer with a global market share of 15% and a domestic market share of about 38.2%. In 2014, tire mold revenue was RMB1.6106 billion, up 52.37% from a year earlier, accounting for 89.75% of the company's total. In the first quarter of 2015, the company reported RMB463.7 million in revenue and RMB130.7 million in net income, growing by 49.09% and 39.75% year on year respectively. Greatoo was the country's second largest company in terms of tire mold revenue in 2014 with the figure arriving at RMB552.59 million, a year-on-year jump of 17.98%, making up 53.35% of total revenue. In the first quarter of 2015, the company posted revenue of RMB222.89 million and net income of RMB48.01 million, up 4.58% and 19.05% as compared with that in the same period of 2014. While continuously developing their main businesses, Himile and Greatoo have been actively in entering new fields to create new areas for profit growth. In Mar 2014, Himile acquired assets (including land and factories) of Malaysia Matt Precision Machine (KUNSHAN) Co., Ltd., and invested RMB15 million to incorporate a wholly-owned subsidiary- Himile Mechanical Science and Technology (Kunshan) Co., Ltd.; in 2013, Greatoo set up Robots Division and planned to build it into the fourth-largest business segment besides tire mold, vulcanizer, and precision machine tool. In Dec 2014, the industrial robot automatic production line independently developed by Greatoo got officially applied in China Strategic Holdings Ltd. Key Topics Covered: 1. Overview of Tire Mold Industry 2. Development of Global Tire Mold Industry 3. Development of China Mold Industry 4. Demand for Chinese Tire Mold 5. Key Global Companies 6. Key Chinese Enterprises 7. Summary and Prospects Companies Mentioned - A-Z Formen- und Maschinenbau GmbH - Anhui Mcgill Mould Co., Ltd - Anhui Wide Way Mould Co., Ltd - Dongying Jintai Rubber Machinery Co., Ltd - Greatoo Inc. - HERBERT Maschinenbau GmbH & Co. KG - Himile Mechanical Science & Technology (Shandong) Co., Ltd - MESNAC Precise Processing Industry Co., Ltd - Qingdao Yuantong Machinery Co., Ltd - Quality Mold Inc - Rongcheng Hongchang Mold Co., Ltd - SAEHWA IMC - Shandong Hongji Mechanical Technology Co., Ltd - Shandong Wantong Mould Co., Ltd - Tianyang Mold Co., Ltd - Zhejiang Laifu Mould Co., Ltd For more information visit http://www.researchandmarkets.com/research/q66kgf/global_and
Mechanical Technology Announces Second Quarter Earnings
Business Wire - Thu Aug 06, 7:57AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration measurement and system balancing and tensile measurements in markets that require the exacting measurement and control of products and processes for automated manufacturing, assembly, and consistent operation of complex machinery, announces its second quarter 2015 results and business update.
Mechanical Technology's board approves share repurchase of up to 525,000 common stock
M2 - Mon Jun 15, 9:48AM CDT
Mechanical Technology Incorporated (MTI) (OTCQB:MKTY) disclosed on Friday that its board of directors authorised a share repurchase programme of up to 525,000 shares of its common stock.
Mechanical Technology's board authorises share repurchase
M2 - Mon Jun 15, 2:53AM CDT
Mechanical Technology Incorporated (MTI) (OTCQB:MKTY) on Friday announced the authorisation by its board of directors of a share repurchase programme as a result of a periodic review of the market value of the company, as well as to enhance shareholder value.
Mechanical Technology Announces Share Repurchase
Business Wire - Fri Jun 12, 7:58AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions to achieve precision linear displacement, vibration measurement and system balancing and precision tensile measurements for markets that require the exacting measurement and control of products and processes in automated manufacturing, assembly, and consistent operation of complex machinery, announces a share repurchase program.
China Automotive Heat Exchanger Industry Report, 2014-2018
M2 - Thu Jun 11, 6:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rdjw8z/china_automotive) has announced the addition of the "China Automotive Heat Exchanger Industry Report, 2014-2018" report to their offering. As key automotive components, automotive heat exchangers include radiators, evaporators, condensers, air coolers, oil coolers, exhaust gas recirculation (EGR) coolers and the like. In 2014, there were around 500 heat exchanger manufacturers in China, including 10 large-sized enterprises and over 30 medium-sized ones. In the field of automotive heat exchangers, the world's renowned companies like DELPHI, DENSO, MODINE, VALEO and Visteon have set up factories in China by sole proprietorship, joint ventures or holding companies. In addition, local Chinese brands are emerging, such as Zhejiang Yinlun, Weifang HengAn, GuizhouYonghong, Yangzhou Tank, NanchongKangda, Nanning Baling, etc. The report studies the market segments -- radiators, intercoolers, EGR coolers and oil coolers. Driven by automobile output and replacement demand, China's market demand for automotive heat exchangers will keep a growth rate of about 7%; wherein, pressurized intercoolers and EGR coolers will continue to maintain high growth, with the growth rate of beyond 15%. Intercoolers are mainly installed in heavy-duty trucks, large buses, some medium and light-duty buses. Major Chinese intercooler manufacturers consist mainly of Shanghai BHER, Zhejiang Yinlun Machinery, Jiangsu Jiahe Thermal System Radiator, and Ningbo Lurun Cooler. EGR coolers are important parts of EGR system. In China, EGR system is mainly applied to light trucks and European heavy trucks. Up to now, Chinese EGR system and parts enterprises embrace Wuxi Longsheng, YibinTianrui Da, Zhejiang Jiulong, Zhejiang Yinlun Machinery, KunshanPierburg, Ningbo BorgWarner and so forth. Zhejiang Yinlun Machinery is primarily engaged in EGR coolers at present. With the implementation of the national emission standards IV, EGR DOC POC will become the mainstream under the premise of light commercial vehicles using common rail technology; by then, EGR system and parts companies will see good prospects for development. The report covers the following: - Demand, characteristics and competition patterns of the global automotive heat exchanger market - Demand, development features and key manufacturers of Chinese automotive heat exchanger market - Demand and major manufacturers of Chinese automotive heat exchanger market segments - Operation, heat exchanger business and development prospects of 8 international companies and 12 local peers Key Topics Covered: 1 Overview 2 Market Size 3 Market Segments 4 Major Heat Exchanger Companies Worldwide 5 Heat Exchanger Companies in China Companies Mentioned - Bher - Calsonickansei - Delphi - Denso - Guangdong Faret Auto Radiator Co., Ltd - Halla Visteon Climate Control Corp. (Hvcc) - Jiangsu Heping Power Machinery Co., Ltd. - Modine - Nanning Baling Technology Co., Ltd. - Nantong Jianghua Machinery Co., Ltd. - Ningbo Lurun Cooler Manufacturing Co., Ltd. - Shandong Jiaxin Heat Exchanger Co., Ltd. - Taiwan Enterex Group - Valeo - Weifang Hengan Radiator Group Co., Ltd. - Weifang Tianhao Mechanical Technology Co., Ltd. - Yangzhou Tank Co., Ltd. - Zhejiang Yinlun Machinery Co., Ltd. For more information visit http://www.researchandmarkets.com/research/rd...automotive
Earnings Momentum Portfolio Long Strategy - 9% Alpha
Oliver Binz - at Seeking Alpha - Wed May 20, 6:11AM CDT
TAX: 23.41 (+0.05), TYC: 36.36 (+0.13), SWY: 35.10 (-0.04), EW: 148.22 (+1.95), WETF: 16.88 (+0.20), CPSI: 44.20 (+0.23), GHC: 586.07 (+0.89), PDLI: 5.24 (+0.07), UBNT: 35.55 (+0.48), CBOE: 65.43 (-0.41), GILD: 100.65 (-0.16), JOE: 20.61 (+0.80), USAT: 2.70 (+0.09), LOCK: 9.72 (+0.12), LF: 0.73 (+0.02)
Mechanical Technology Announces First Quarter Earnings With An 18% Year Over Year Revenue Increase
Business Wire - Thu May 07, 7:58AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions for precision linear displacement, vibration measurement and system balancing and precision tensile measurements for markets that require the exacting measurement and control of products and processes in automated manufacturing, assembly, and consistent operation of complex machinery, announces its first quarter 2015 results and business update.
VibrAlign Awards Scholarships to Mesabi Range College Students Chloe Kishel and Shane Chiaravalle
PRWeb - Tue Mar 03, 4:03AM CST
Mesabi Range College students Chloe Kishel and Shane Chiaravalle wrote essays that won them each a scholarship and earned the College's Industrial Mechanical Technology program one year's use of a state-of-the-art Fixturlaser EVO shaft alignment system.
Mechanical Technology Announces 2014 Third Quarter Results
Business Wire - Fri Nov 07, 7:58AM CST
Mechanical Technology, Incorporated (MTI or the Company), Trading Symbol: (MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions for precision linear displacement, vibration measurement and system balancing and precision tensile measurement systems for markets that require the exacting measurement and control of products and processes in the development and implementation of automated manufacturing, assembly, and consistent operation of complex machinery, announces its 2014 third quarter results and business update.
Global and Chinese Tire Mold Industry Report 2015
M2 - Mon Aug 17, 10:39AM CDT
Research and Markets (http://www.researchandmarkets.com/research/q66kgf/global_and) has announced the addition of the "Global and Chinese Tire Mold Industry Report, 2015" report to their offering. Short supply of tire mold caused by tire investment boom in 2013 continued to the first half year of 2014. Since the second half of 2014, due to sluggish domestic demand for tire, coupled with negative impact brought by anti-dumping and countervailing investigations launched by the United States, domestic sales and exports of tire have been suppressed, and the demand for tire mold has been declining. In 2014, the tire mold industry in China achieved the revenue of RMB4.22 billion, up 8.6% from the previous year, indicating a substantial decline in growth rate compared with a year-on-year rise of 29.07% in 2013. In point of market supply, as of the end of 2014, there were around 100 tire mold manufacturers in China, including 30 ones or so each with annual revenue of RMB20 million or more from their prime operations and 2 listed ones (Himile Mechanical Science and Technology (Shandong) and Greatoo). Seven companies boasted capacity of more than 2,000 sets apiece. In 2014, tire mold output in China reached 29,594 sets, representing a year-on-year growth rate of 5.86%. Regarding competitive landscape, Himile has become the world's largest tire mold manufacturer with a global market share of 15% and a domestic market share of about 38.2%. In 2014, tire mold revenue was RMB1.6106 billion, up 52.37% from a year earlier, accounting for 89.75% of the company's total. In the first quarter of 2015, the company reported RMB463.7 million in revenue and RMB130.7 million in net income, growing by 49.09% and 39.75% year on year respectively. Greatoo was the country's second largest company in terms of tire mold revenue in 2014 with the figure arriving at RMB552.59 million, a year-on-year jump of 17.98%, making up 53.35% of total revenue. In the first quarter of 2015, the company posted revenue of RMB222.89 million and net income of RMB48.01 million, up 4.58% and 19.05% as compared with that in the same period of 2014. While continuously developing their main businesses, Himile and Greatoo have been actively in entering new fields to create new areas for profit growth. In Mar 2014, Himile acquired assets (including land and factories) of Malaysia Matt Precision Machine (KUNSHAN) Co., Ltd., and invested RMB15 million to incorporate a wholly-owned subsidiary- Himile Mechanical Science and Technology (Kunshan) Co., Ltd.; in 2013, Greatoo set up Robots Division and planned to build it into the fourth-largest business segment besides tire mold, vulcanizer, and precision machine tool. In Dec 2014, the industrial robot automatic production line independently developed by Greatoo got officially applied in China Strategic Holdings Ltd. Key Topics Covered: 1. Overview of Tire Mold Industry 2. Development of Global Tire Mold Industry 3. Development of China Mold Industry 4. Demand for Chinese Tire Mold 5. Key Global Companies 6. Key Chinese Enterprises 7. Summary and Prospects Companies Mentioned - A-Z Formen- und Maschinenbau GmbH - Anhui Mcgill Mould Co., Ltd - Anhui Wide Way Mould Co., Ltd - Dongying Jintai Rubber Machinery Co., Ltd - Greatoo Inc. - HERBERT Maschinenbau GmbH & Co. KG - Himile Mechanical Science & Technology (Shandong) Co., Ltd - MESNAC Precise Processing Industry Co., Ltd - Qingdao Yuantong Machinery Co., Ltd - Quality Mold Inc - Rongcheng Hongchang Mold Co., Ltd - SAEHWA IMC - Shandong Hongji Mechanical Technology Co., Ltd - Shandong Wantong Mould Co., Ltd - Tianyang Mold Co., Ltd - Zhejiang Laifu Mould Co., Ltd For more information visit http://www.researchandmarkets.com/research/q66kgf/global_and
Mechanical Technology Announces Second Quarter Earnings
Business Wire - Thu Aug 06, 7:57AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration measurement and system balancing and tensile measurements in markets that require the exacting measurement and control of products and processes for automated manufacturing, assembly, and consistent operation of complex machinery, announces its second quarter 2015 results and business update.
Mechanical Technology's board approves share repurchase of up to 525,000 common stock
M2 - Mon Jun 15, 9:48AM CDT
Mechanical Technology Incorporated (MTI) (OTCQB:MKTY) disclosed on Friday that its board of directors authorised a share repurchase programme of up to 525,000 shares of its common stock.
Mechanical Technology's board authorises share repurchase
M2 - Mon Jun 15, 2:53AM CDT
Mechanical Technology Incorporated (MTI) (OTCQB:MKTY) on Friday announced the authorisation by its board of directors of a share repurchase programme as a result of a periodic review of the market value of the company, as well as to enhance shareholder value.
Mechanical Technology Announces Share Repurchase
Business Wire - Fri Jun 12, 7:58AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions to achieve precision linear displacement, vibration measurement and system balancing and precision tensile measurements for markets that require the exacting measurement and control of products and processes in automated manufacturing, assembly, and consistent operation of complex machinery, announces a share repurchase program.
China Automotive Heat Exchanger Industry Report, 2014-2018
M2 - Thu Jun 11, 6:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rdjw8z/china_automotive) has announced the addition of the "China Automotive Heat Exchanger Industry Report, 2014-2018" report to their offering. As key automotive components, automotive heat exchangers include radiators, evaporators, condensers, air coolers, oil coolers, exhaust gas recirculation (EGR) coolers and the like. In 2014, there were around 500 heat exchanger manufacturers in China, including 10 large-sized enterprises and over 30 medium-sized ones. In the field of automotive heat exchangers, the world's renowned companies like DELPHI, DENSO, MODINE, VALEO and Visteon have set up factories in China by sole proprietorship, joint ventures or holding companies. In addition, local Chinese brands are emerging, such as Zhejiang Yinlun, Weifang HengAn, GuizhouYonghong, Yangzhou Tank, NanchongKangda, Nanning Baling, etc. The report studies the market segments -- radiators, intercoolers, EGR coolers and oil coolers. Driven by automobile output and replacement demand, China's market demand for automotive heat exchangers will keep a growth rate of about 7%; wherein, pressurized intercoolers and EGR coolers will continue to maintain high growth, with the growth rate of beyond 15%. Intercoolers are mainly installed in heavy-duty trucks, large buses, some medium and light-duty buses. Major Chinese intercooler manufacturers consist mainly of Shanghai BHER, Zhejiang Yinlun Machinery, Jiangsu Jiahe Thermal System Radiator, and Ningbo Lurun Cooler. EGR coolers are important parts of EGR system. In China, EGR system is mainly applied to light trucks and European heavy trucks. Up to now, Chinese EGR system and parts enterprises embrace Wuxi Longsheng, YibinTianrui Da, Zhejiang Jiulong, Zhejiang Yinlun Machinery, KunshanPierburg, Ningbo BorgWarner and so forth. Zhejiang Yinlun Machinery is primarily engaged in EGR coolers at present. With the implementation of the national emission standards IV, EGR DOC POC will become the mainstream under the premise of light commercial vehicles using common rail technology; by then, EGR system and parts companies will see good prospects for development. The report covers the following: - Demand, characteristics and competition patterns of the global automotive heat exchanger market - Demand, development features and key manufacturers of Chinese automotive heat exchanger market - Demand and major manufacturers of Chinese automotive heat exchanger market segments - Operation, heat exchanger business and development prospects of 8 international companies and 12 local peers Key Topics Covered: 1 Overview 2 Market Size 3 Market Segments 4 Major Heat Exchanger Companies Worldwide 5 Heat Exchanger Companies in China Companies Mentioned - Bher - Calsonickansei - Delphi - Denso - Guangdong Faret Auto Radiator Co., Ltd - Halla Visteon Climate Control Corp. (Hvcc) - Jiangsu Heping Power Machinery Co., Ltd. - Modine - Nanning Baling Technology Co., Ltd. - Nantong Jianghua Machinery Co., Ltd. - Ningbo Lurun Cooler Manufacturing Co., Ltd. - Shandong Jiaxin Heat Exchanger Co., Ltd. - Taiwan Enterex Group - Valeo - Weifang Hengan Radiator Group Co., Ltd. - Weifang Tianhao Mechanical Technology Co., Ltd. - Yangzhou Tank Co., Ltd. - Zhejiang Yinlun Machinery Co., Ltd. For more information visit http://www.researchandmarkets.com/research/rd...automotive
Earnings Momentum Portfolio Long Strategy - 9% Alpha
Oliver Binz - at Seeking Alpha - Wed May 20, 6:11AM CDT
TAX: 23.41 (+0.05), TYC: 36.36 (+0.13), SWY: 35.10 (-0.04), EW: 148.22 (+1.95), WETF: 16.88 (+0.20), CPSI: 44.20 (+0.23), GHC: 586.07 (+0.89), PDLI: 5.24 (+0.07), UBNT: 35.55 (+0.48), CBOE: 65.43 (-0.41), GILD: 100.65 (-0.16), JOE: 20.61 (+0.80), USAT: 2.70 (+0.09), LOCK: 9.72 (+0.12), LF: 0.73 (+0.02)
Mechanical Technology Announces First Quarter Earnings With An 18% Year Over Year Revenue Increase
Business Wire - Thu May 07, 7:58AM CDT
Mechanical Technology, Incorporated (MTI or the Company), (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions for precision linear displacement, vibration measurement and system balancing and precision tensile measurements for markets that require the exacting measurement and control of products and processes in automated manufacturing, assembly, and consistent operation of complex machinery, announces its first quarter 2015 results and business update.
VibrAlign Awards Scholarships to Mesabi Range College Students Chloe Kishel and Shane Chiaravalle
PRWeb - Tue Mar 03, 4:03AM CST
Mesabi Range College students Chloe Kishel and Shane Chiaravalle wrote essays that won them each a scholarship and earned the College's Industrial Mechanical Technology program one year's use of a state-of-the-art Fixturlaser EVO shaft alignment system.
Mechanical Technology Announces 2014 Third Quarter Results
Business Wire - Fri Nov 07, 7:58AM CST
Mechanical Technology, Incorporated (MTI or the Company), Trading Symbol: (MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of test and measurement instruments and systems that provide solutions for precision linear displacement, vibration measurement and system balancing and precision tensile measurement systems for markets that require the exacting measurement and control of products and processes in the development and implementation of automated manufacturing, assembly, and consistent operation of complex machinery, announces its 2014 third quarter results and business update.
