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I.D. Systems Establishes $7.5 Million Revolving Credit Facility

2015-12-29 11:31:06| Industrial Newsroom - All News for Today

WOODCLIFF LAKE, N.J.  I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has signed a loan and security agreement for a revolving credit facility of $7.5 million, with a maturity date of December 18, 2017. While we have no outstanding debt and a...

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Illinois Tool Works Inc. (ITW) Receives A Credit Rating

2015-12-29 09:40:20| Industrial Machines - Topix.net

Illinois Tool Works Inc. has received an "A" credit rating from Morningstar . The investment research firm's "A" rating suggests that the company is a low default risk.

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UN chief: Bush deserves credit for climate change 'success'

2015-12-26 15:43:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: President George W. Bush deserves credit for kickstarting talks that led to a landmark international agreement on climate change, according to U.N. Secretary-General Ban Ki-Moon. Ban pointed to a 2007 U.N. climate conference in Bali, when the United States pulled an about-face and agreed to enter negotiations on a new global treaty to curb greenhouse gas emissions. The secretary-general told the Associated Press he still feels "very much grateful" to Bush. "That was the beginning of our success,"...

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AIA welcomes House vote on R&D tax credit extension.

2015-12-23 14:31:09| Industrial Newsroom - All News for Today

AIA welcomes House vote to permanently extend research and development tax credit which lapsed at the end of 2014. This credit supports companies that invest working capital in basic research and in applied research aimed at the creation or improvement of products. More than 70% of the credit is used to fund salaries of R&D workers who hold high-quality jobs that fuel the national economy, while remainder is applied to investment in new plants and equipment.

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Industry Reacts to Tax Credit Extension for Alternative Fuels

2015-12-23 07:21:00| Waste Age

The Protecting Americans from Tax Hikes Act of 2015 (PATH) was approved last week by the U.S. Congress and will extend several federal tax credits that expired in 2014. read more

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