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12 weeks off, 3-day weeks: Flexible retirement at West Michigan businesses sets trends

2015-01-30 12:46:43| Furniture - Topix.net

When Jake Boeve first heard Herman Miller offered flexible retirement, he thought the idea of easing out of a job was a little odd. But at age 66, Boeve realized he needed to start thinking about life after his decades-long career at the Zeeland office furniture maker.

Tags: west weeks sets businesses

 

CommScope Agrees To Acquire TE Connectivity's Telecom, Enterprise and Wireless Businesses

2015-01-29 09:12:21| Wireless - Topix.net

CommScope Holding Company, Inc. has agreed to acquire TE Connectivity's Telecom, Enterprise and Wireless businesses in an all-cash transaction valued at approximately $3 billion. The transaction, which was approved by the boards of directors of both companies, is expected to accelerate CommScope's strategy to drive profitable growth by entering into attractive adjacent markets and to broaden its position as a leading communications infrastructure provider.

Tags: wireless businesses enterprise telecom

 
 

Commscope buys TE Connectivity businesses for USD 3 bln

2015-01-28 14:45:00| Telecompaper Headlines

(Telecompaper) CommScope has agreed to acquire TE Connectivity's Telecom, Enterprise and Wireless operations for USD 3 billion in cash. The transaction was approved by the boards of directors of both companies. The Telecom, Enterprise and Wireless businesses generated annual revenues of USD 1.9 billion in TE's fiscal year to 26 September, including USD 1.1 billion from the Telecom business, USD 627 million from Enterprise and USD 164 million from Wireless. The combined company's pro forma results for the twelve months to end September would have been USD 5.8 billion in net sales and USD 1.2 billion in adjusted EBITDA. The transaction is expected to add over 20 percent to CommScope's adjusted earnings per share by the end of the first full year after closing. Upon completion, CommScope's overall sales will be made up of Wireless (to 46% of sales from 65%), Enterprise (to 26% from 22%) and Broadband Connectivity (to 28% from 13%).

Tags: businesses usd connectivity buys

 

PM announces more money for small businesses

2015-01-26 18:59:45| Canadian Plastics Headlines

Feds double revenue limit of Canada Small Business Financing Program to $10 million The post PM announces more money for small businesses appeared first on Canadian Plastics.

Tags: small money businesses announces

 

The Postal Service Emerges as Shipping Powerhouse for Small Businesses

2015-01-23 02:37:48| Trucking - Topix.net

The other week I was reading an article about how shipping carriers fared over the holidays. FedEx and United Parcel Service were mentioned, but noticeably absent was the U.S. Postal Service.

Tags: service small shipping businesses

 

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