Dow Chemical, DuPont Seek Merger Then 3-Way SplitMichigan-based Dow Chemical and the DuPont Co. announced Friday that they are merging in a $130 billion chemical industry megadeal.
Big Businesses Spend $7M To Keep Tax Cut IntactBig business has spent nearly $7 million promoting Proposal 1 in the last few weeks, even though there’s no organized opposition.
Dow Corning Revenue, Net Income FallDow Corning Corp. Wednesday announced revenue of $2.69 billion and net income of $149 million for the first half of 2013, both down from a year earlier.
Dow Corning Sales, Profits DropDow Corning Corp. Wednesday reported adjusted net income of $66.4 million in the first quarter, down 6 percent from a year earlier. Sales were $1.26 billion, down 17 percent from a year earlier.
Dow Corning Sees Projected Global Growth of LED Lighting Linked to Adoption of Advanced Optical SiliconesThe global LED market's average compound annual growth will be as high as 33 percent through 2016, according to analyst firm McKinsey & Co. Midland-based Dow Corning -- a global leader in silicones, silicon-based technology and innovation -- expects that much of that growth will be contingent on the adoption of more advanced materials technologies.
Dow Corning Sales, Profits Plunge In 2012Dow Corning recorded 2012 sales of $6.12 billion, down from $6.43 billion in 2011. Net income was $188 million, down from $806 million a year earlier. The comapny said oversupply, economic volatility and high raw material costs significantly reduced the company’s profits.
Dow Corning, IBM Scientists Show Off New Materials For PhotonicsDow Corning and IBM scientists Monday unveiled what they said was a major step in photonics, using a new type of polymer material to transmit light stead of electrical signals within supercomputers and data company.
Dow Corning Profits Plunge On Sales DeclineDow Corning Corp. Friday announced net income of $97 million for the third quarter ended Sept. 30, down 45 percent from $177 million in the same quarter a year earlier. Revenue for the quarter was $1.55 billion, down 7 percnet from $1.66 billion a year earlier.
HR Notices From September 4The latest staffing, leadership and boardroom news from Michigan's technology-focused companies, institutions and groups
Nearly $60 Million Invested in Saginaw County; 10 Projects To Create Or Retain 250 JobsIn the second quarter of 2012, Saginaw Future directly assisted 10 companies that invested nearly $60 million, creating and retaining nearly 250 jobs.
Dow Corning Profits Plunge On Sales DeclineDow Corning Corp. last week reported net income of $121 million in the second quarter, down 36 percent from $191 million a year earlier
Dow Corning Profits, Sales FallDow Corning Corp. Tuesday reported lower sales and net income in the first quarter of 2012 compared with year-ago figures.