IPG Inc | Date: 2014-01-28
A capacitive sensor for measuring pressure comprises a fixed charge plate integral to a printed circuit board, a flexible charge plate that is grounded, a conductive donut-shaped adhesive spacer between the charge plates, a lid, a non-conductive donut-shaped adhesive spacer between the second charge plate and the lid, means of providing a pressure, fixed or variable, to both sides of the flexible charge plate, wherein a microcontroller controls a power supply and provides a voltage to the first charge plate wherein the accumulative voltage may be measured as a means of determining differential pressure.
IPG Inc | Date: 2011-12-27
A process for preparing a pressure sensitive adhesive using a modified planetary roller extruder is described. The process in accordance with one aspect of the invention is a continuous process that includes introducing primary raw materials comprising a non-thermoplastic elastomer into a planetary roller extruder, introducing a heat-activatable crosslinker into the planetary roller extruder for mixing with the primary raw materials, and compounding the primary raw materials and the heat activatable crosslinker to form an adhesive composition while maintaining the temperature of the adhesive composition between about 25 C. and about 100 C. The non-thermoplastic elastomer is masticated during compounding and at least some of the heat-activatable crosslinker remains generally unactivated and is available for later activation.
News Article | October 30, 2015
Less than two months after consolidating its U.S. media assignment with J3, part of IPG unit Mediabrands, Johnson & Johnson has decided to award the agency its global media assignment as well. The company confirmed spending $2.6 billion on ads in 2014, up from $2.5 billion the prior year. About $1 billion of that is spent in the U.S. “After a comprehensive media review across our Consumer, Pharmaceutical and Medical Device businesses, J3 has been selected as our media partner for each of our regions, including Asia Pacific, Latin America (excluding Brazil), Europe, Middle East and Africa,” the company stated. Brazil is not included because regulations there ban the operation of stand-alone media agencies. The global assessment began in June and the process was managed by UK-based IDComms. In its statement J&J indicated that when it began the review “our goal was to select the best agency for each region. Throughout the course of our separate regional reviews, J3 consistently demonstrated the ability to fully meet our Consumer and Customer needs as we drive superior growth and performance for our businesses and brands… we look forward to expanding our partnership with J3 around the world.” Other incumbents participating in the review included OMD and MEC.
News Article | November 4, 2015
Johnson Electric Holdings Limited ("Johnson Electric") ( : 179), a global leader in electric motors and motion subsystems, today announced its results for the six months ended 30th September 2015. Group sales for the first half of the 2015/16 financial year totaled US$1,022 million, a decrease of 5% over the first half of the prior financial year. Excluding currency effects, underlying sales increased by 2%. Net profit attributable to shareholders decreased 11% to US$97.8 million or 11.1 US Cents per share. The Group's business strategy of strengthening its technology capabilities and expanding its global operating footprint continues to make excellent progress. During the first half, Johnson Electric announced the acquisition of Stackpole International, a leading manufacturer of highly-engineered pumps and powder metal components, as well as the opening of a second manufacturing facility in Mexico. Notwithstanding the difficult current macro-economic environment, these and other strategic initiatives are positioning Johnson Electric for sustained success. The Automotive Products Group ("APG"), which contributed over two-thirds of total sales, increased sales by 5% on a constant currency basis compared to the first half of the prior year. The division continues to perform well overall with particularly encouraging underlying performances achieved in the Engine & Transmission, Powertrain Cooling and Actuation Systems business units. However, the significant market presence that these businesses enjoy in Europe means that their reported sales were negatively affected by the weak Euro compared to the US Dollar. During the second quarter of the financial year, APG's sales to Asian based customers also showed signs of softening as the slowdown in China's economy and other developing economies began to impact automotive sales volumes. In the face of an especially challenging market in China, sales of the Industry Products Group ("IPG") declined by 4% in constant currency terms compared to the same period in the prior year. End-market demand for many of our customers' products remains rather tepid and this combined with intense price competition for lower-end product applications resulted in a disappointing performance by IPG's Asian-based business units. On the other hand, those business units focused on more technology-differentiated motion solutions, including MedTech and Meter & Circuit Breakers, fared much better and recorded healthy double-digit sales increases. Significant productivity improvements and lower raw material costs helped to minimise the negative impact of reduced sales revenue and higher wage rates, particularly in China. The investment in building out our manufacturing footprint in Mexico and Eastern Europe is also acting as a drag on near term profitability as anticipated. As a result, gross margins in the period declined to 27.6% from 30.2% in the first half of the prior year. A reduction in selling and administrative costs combined with gains from foreign currency hedging and increased other income resulted in operating profits of US$114.9 million or 11.2% of sales (11.6% in the prior year). Johnson Electric maintained its strong financial condition with a total debt to capital ratio of 13% and cash reserves of US$678 million as of 30th September 2015. The Directors have today declared a 7% increase in the interim dividend to 15 HK Cents per share, equivalent to 1.92 US Cents per share (2014 interim: 14 HK Cents per share). This is consistent with the previously announced intention to increase gradually the ratio of interim dividends such that it represents approximately one-third of the prior financial year's total dividends paid. The interim dividend will be payable on 6th January 2016 to shareholders registered on 28th December 2015. In August 2015, Johnson Electric announced plans to acquire Stackpole International, a leading manufacturer of highly-engineered automotive engine and transmission pumps and powder metal components. The transaction, which valued Stackpole at C$800 million on an enterprise value basis, was completed on 27th October 2015 and was financed by a combination of Johnson Electric's cash balances and existing revolving credit facilities. Improving fuel economy and reducing emissions are pivotal drivers of automotive technology today -- and Johnson Electric is a market leader in supplying key motion subsystems to support these imperatives. The addition of Stackpole's pumps technology and powder metal expertise is an excellent fit that will enable the Group to provide integrated motorised pumps to customers in a rapidly growing market for electrically controlled solutions in engine and transmission applications. In addition, the acquisition significantly increases Johnson Electric's exposure to the North American automotive market which is presently experiencing strong demand. Commenting on the first half results, Dr. Patrick Wang, Chairman and Chief Executive, said, "Johnson Electric recorded somewhat weaker financial results for the six month period ended 30th September 2015 against a backdrop of adverse foreign currency movements and a weakening global economic environment." "In the face of such difficult conditions, Johnson Electric remains focused on those parts of the business where management has a reasonable degree of influence. First, this means directing our energies to serving customers whose products are aligned to the key underlying trends that will drive long-term consumer demand - including the imperatives to reduce emissions, lower fuel consumption, improve health and safety, and increase mobility and controllability. Second, it requires a relentless effort to improve efficiency and continue to eliminate waste from our operations. Third, we are aggressively expanding a global operating footprint that provides greater customer responsiveness and reduced exposure to foreign currency volatility or single country risk. And lastly, it means continuing to invest in building a team of people who are committed to making our customers successful and to growing a world-class company that can share in that success." Concerning the outlook for the remainder of the current financial year, Dr. Wang commented, "We expect underlying sales levels to be broadly similar to the first half with the weak Euro and slowdown in China's economy continuing to exert pressure on both the top and bottom lines. Full year results will also include a five month contribution from the acquisition of Stackpole International and consequently will be affected by one-time transaction expenses. We look forward to Stackpole making a positive impact on the Group's earnings base over time." "Looking further ahead, I remain confident that despite the challenging operating environment Johnson Electric is pursuing a strategy that will strengthen its competitive position and form the basis for an improved long-term growth and profit trajectory." Note to Editors and Securities Analysts: The full text of the Half-Year Results announcement, including additional financial information, is available through the Investor Relations section of Johnson Electric's website at www.johnsonelectric.com. About Johnson Electric Group The Johnson Electric Group is the global leader in electric motors and motion subsystems. It serves a broad range of industries including automotive, building automation and security, business machines, food and beverage equipment, home technologies, HVAC, industrial equipment, medical devices, personal care, power equipment and power tools. The Group is headquartered in Hong Kong and the total global headcount stands at over 37,000 individuals located in Asia, the Americas and Europe. Innovation and product design centres are located in Hong Kong, China, Canada, Switzerland, Germany, Italy, Israel, Japan, the UK and the USA. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.
News Article | October 27, 2015
After spending nearly 25 years with McCann affiliate TM Advertising, American Airlines has chosen Crispin Porter + Bogusky and MediaCom as its creative and media agencies of record, respectively. This decision, capping a summer-long review managed by pitch consultancy AAR, comes just as the merger between American and U.S. Airways reaches completion after two years; the latter organization's final flight took off over the weekend, and its brand will now slowly fade away as employees remove all remaining signs of what was once a powerful market leader and American Airines Group officially becomes the world's largest air travel provider. CP+B and MediaCom defeated three other agency teams to win the business: IPG's The Martin Agency, Publicis Groupe's BBH and Optimedia, and Omnicom Group's Energy BBDO and PHD. American is now the second airline on CP+B's global roster; the agency won Turkish Airlines in 2013 after that company's "Legends on Board" campaign starring Kobe Bryant and Lionel Messi went viral. TM Advertising of Dallas first won the account in 1981 and proceeded to create dozens of campaigns that defined the brand in the eyes of American consumers; this relationship continued after IPG acquired TM in 2001 and turned it into an affiliate of the larger McCann Worldgroup organization. The review, which was first announced in July, reflected a larger shift on behalf of the client, which effectively cleared its marketing slate to start anew in the wake of the merger. When the news broke, McCann promised to defend the account, later appointing The Martin Agency of Geico fame to participate in the review in place of TM. In a statement, American Airlines vp of global marketing Fernand Fernandez wrote, "From the very start, CP+B and MediaCom showed a clear understanding of American's assets and opportunities, and it all starts with our 100,000 employees." He added: "We want to capture the enthusiasm and passion our employees have for the future of the airline and deliver that message to our customers with a genuine and unique campaign. We think our employees and our customers will be proud of how CP+B and MediaCom work with us to present American's brand in the coming years." Lori Senecal, who serves as both global CEO of CP+B and president/CEO of its holding company, MDC Partners, said, "We are honored and excited that American has chosen CP+B and our partner MediaCom to help them achieve the bold ambitions they have for their brand." Those bold ambitions include becoming the unprecedented international leader in air travel after a long and sometimes uncertain merger process. Executives first hinted at a desire to bring American and U.S. Airways together in 2012, but the FAA did not officially provide approval for the two entities to operate as a single carrier until April of this year. According to Kantar Media, American Airlines spent just under $30 million in media last year, but this number is almost certainly an outlier as details regarding the merger had yet to go into effect. The company estimates that American's annual media spend moving forward will be approximately $60 million. When asked to comment on the win today, a spokesperson for CP+B deferred to the client.