Latest news with #industrial
Yahoo
2 hours ago
- Business
- Yahoo
DESOTEC Expands Into Houston to Deliver Fast, Flexible, and Sustainable Filtration Solutions for Gulf Coast Industries
HOUSTON, July 24, 2025--(BUSINESS WIRE)--DESOTEC, a leading provider of sustainable mobile filtration solutions, proudly announces the opening of its new Gulf Coast Service Center based in Houston, Texas, expanding the company's North American footprint and reinforcing its commitment to fast, expert service across key industrial sectors in the Gulf Coast region. With a circular service model that includes delivery, monitoring, replacement, reactivation, and safe handling of spent activated carbon, DESOTEC enables industries to reduce emissions, stay compliant and operate sustainably. This expansion enables DESOTEC to provide rapid-response support and fully integrated purification solutions to industries including chemical and petrochemical production, hydrocarbon processing, waste and recycling, and heavy industrial manufacturing. A Strategic Move for Regional Support DESOTEC's Houston operation is equipped to deliver a complete range of mobile filtration services tailored for both vapor and liquid phase applications. With access to a robust inventory of bulk activated carbon, plus rapid deployment of mobile filtration units in multiple sizes, the new location ensures faster turnaround times, minimized downtime, and enhanced operational efficiency for customers in the region. Saturated filters will be returned to DESOTEC's centralized regeneration facilities, following the company's closed-loop, waste-minimizing approach. "Opening our Houston facility is a strategic investment in proximity, performance, and service for the industries that power the Gulf Coast," said Mathias Meersseman, CEO for DESOTEC's North American Operations. "With our full-service model now accessible locally, clients can expect even faster response times, safe carbon handling, and the sustainable purification solutions DESOTEC is known for worldwide." With more than 35 years of experience, DESOTEC operates service hubs and reactivation facilities across the United States and Europe, supporting thousands of customers in over 24 countries. In the United States, DESOTEC is currently active from its sites in Darlington (PA) Parker (AZ), Red Bluff (CA), and now Houston (TX) - building a nationwide network to deliver fast, flexible environmental solutions wherever they're needed. About DESOTEC DESOTEC, founded in 1990, is the leading provider of mobile filtration solutions in Europe and is establishing this leading market position in the United States. Thanks to its unique, flexible, circular service concept and the extensive expertise built up over many decades, DESOTEC unburdens its industrial customers and helps them to make their operations or products more sustainable. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. DESOTEC has about 450 employees, who are all committed to help protect the planet by driving positive ecological change across all industries. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at Follow @desotec on LinkedIn, Facebook and Instagram. About Blackstone Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at Follow @blackstone on LinkedIn, X (Twitter), and Instagram. View source version on Contacts For media enquiries: Global Head of Corporate CommunicationsSarah Cattryssepress@ +32 51 246 057
Yahoo
2 hours ago
- Business
- Yahoo
Curtiss-Wright Corporation (CW): A Bull Case Theory
We came across a bullish thesis on Curtiss-Wright Corporation on VantagePointAI's Substack. In this article, we will summarize the bulls' thesis on CW. Curtiss-Wright Corporation's share was trading at $484.10 as of July 17th. CW's trailing P/E was 43.07 according to Yahoo Finance. Copyright: vencavolrab78 / 123RF Stock Photo Curtiss-Wright Corporation (NYSE: CW), a century-old industrial leader born from the Wright Brothers' and Glenn Curtiss' pioneering aviation ventures, now specializes in mission-critical components powering aircraft, naval propulsion, nuclear energy, and defense electronics. With 8,200 employees and a reputation for engineering precision, CW has become a trusted supplier to governments and blue-chip customers worldwide. Financially, the company shows remarkable strength: sales and earnings have grown steadily, with a 101% earnings increase since 2020 on a 31% revenue rise, demonstrating efficiency gains. Q1 2025 results underscored execution excellence, with 13% sales growth to $806 million, a 34% jump in adjusted operating income, and a 42% EPS rise, accompanied by raised full-year guidance. Demand for CW's defense and infrastructure technologies is accelerating amid rising global military modernization and energy resilience efforts, with a record $1 billion backlog signaling enduring structural tailwinds. Curtiss-Wright's disciplined capital allocation, including over 50 consecutive years of dividend growth, underscores long-term shareholder CW is breaking through both 52-week and decade-long highs, a bullish indicator of institutional accumulation. Analysts' price targets span $309–$500, implying 42% swing potential, consistent with CW's elevated beta of 1.14, which amplifies market moves. Recent 52-week price action — from lows of $258.85 to highs of $463.38 — signals volatility that active traders can harness. Management's confident tone, rising orders, and expanding margins point to sustained momentum. CW's quiet resilience, proven execution, and mission-critical footprint make it a compelling opportunity, offering both stability and upside in an environment defined by defense spending, infrastructure investment, and geopolitical uncertainty. Previously we covered a bullish thesis on TransDigm Group Incorporated (TDG) by Summit Stocks in May 2025, highlighting its dominant aftermarket model, pricing power, and disciplined capital allocation driving compounding returns. The company's stock price has appreciated by about 13.52% since our coverage as its resilient high‑margin model delivered. The thesis stands, while VantagePointAI emphasizes Curtiss‑Wright's momentum and defense exposure. Curtiss-Wright Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held CW at the end of the first quarter which was 50 in the previous quarter. While we acknowledge the potential of CW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Wall Street Journal
5 hours ago
- Business
- Wall Street Journal
Honeywell Raises Outlook After Beating Estimates
Honeywell HON 1.14%increase; green up pointing triangle International logged higher-than-expected profit and revenue in the second quarter, prompting the industrial conglomerate to raise its outlook for the year. The Charlotte, N.C., company on Thursday posted a profit of $1.57 billion, or $2.45 a share, compared with $1.54 billion, or $2.36 a share, a year earlier.
Bloomberg
6 hours ago
- Business
- Bloomberg
Honeywell Raises Outlook After Better-Than-Expected Quarter
Honeywell International Inc. raised its full-year guidance for the second successive quarter, as the company shrugged off tariffs and increased its order backlog. The Charlotte, North Carolina-based industrial conglomerate now expects adjusted earnings per share to be in the range of $10.45 to $10.65, up 20 cents at the midpoint from the prior guidance range and topping Wall Street's estimates. Full-year sales are now expected to be as much as $41.3 billion, with organic sales growing 4% to 5%, Honeywell said in a statement that revealed better-than-expected second-quarter results.
Yahoo
7 hours ago
- Business
- Yahoo
Markets bet Beijing is getting serious about China's overcapacity
By Lewis Jackson, Jiaxing Li and Amy Lv BEIJING/HONG KONG (Reuters) -Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing overcapacity across the world's second-largest economy. Prices for nine industrial commodities including coal, steel, polysilicon, a building block for solar panels, alumina and lithium carbonate have climbed by 10% to 68% this month while share prices in steelmakers, solar panel manufacturers and clean energy companies have outpaced the benchmark CSI 300 Index. The moves coincide with Beijing's call on July 1 to tackle "disorderly price competition," or overcapacity, and an acknowledgement it intends to deal with a persistent problem fuelling deflation at home and trade barriers abroad. Since then, state media has amplified that message with warnings against involution, a now-popular reference to competition so fierce it becomes self-destructive. "I think that addressed a big concern for investors, which is the profit margin squeeze on some of the very promising sectors," said Tai Hui, Asia Pacific chief market strategist at JPMorgan Asset Management. Champions of the old economy including steel and coal and newer industries such as solar panels and electric vehicles are grappling with overcapacity and falling prices, which had previously prompted many warnings but little action. This month, some of the reactions from ministries, regulators and local governments suggest Beijing's signal is being received. Two days after a top-level policy meeting on July 1 called for action, the industry ministry pledged to curb price wars in the solar sector. China's photovoltaic industry index is up about 11% this month. Polysilicon prices are up 68% after local media reported that the two biggest producers were preparing to buy up smaller rivals and consolidate the sector. Last week, a lithium miner in northwest China was temporarily shut for non-compliant mining, leading speculators to bet that more closures could follow. This week, prices for coking coal used to make steel rose to their daily limit for three consecutive sessions after the National Energy Administration ordered inspections at mines to check for excess production. To be sure, Beijing has pushed supply-side reforms before, most recently about a decade ago to cut production in the cement, steel, glass and coal industries. However, the task is more difficult this time due to higher levels of private ownership in many of these industries, misaligned incentives at the local and national levels, and limited options for other sectors to absorb lost jobs. It's unclear how far authorities are determined to go in curbing production and which other sectors they may target. China's leadership is sending a clear and positive signal about their commitment to address overcapacity, but progress is likely to be much slower this time around and it could take a year or two to see improvement in company profits, said Laura Wang, Chief China Equity Strategist for Morgan Stanley based in Hong Kong. "In the next three to six months, we are relatively conservative in terms of how much actual capacity shutdown you would be able to see," Wang said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
