William J. Murray has been appointed president of Teknor Apex Co., the international polymer technology company announced today. more

Juvenile health, safety and wellness product maker Summer Infant Inc. has separated the positions of CEO and chairman of the board of directors, naming Dan Almagor as chairman. more

Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012. more

Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $148 million, or 51 cents per share, in the fourth quarter of 2012, reversing the $19 million, or 7 cents per share, loss for the same 2011 period. more

ATW Companies, a provider of highly engineered metal manufacturing solutions, has relocated its Metalform product line manufacturing operations to ATW’s Rhode Island facility. more

Chronic delays and concerns over poor workmanship have prompted Massachusetts Bay Transportation Authority official to threaten cancelation of the $190 million double-decker rail car construction contract with Hyundai Rotem, the Boston Globe reported. more

(Updated, 1:15 p.m.) The Kopin Corp. has announced an agreement to sell assets relating to its III-V heterojunction bipolar transistors to IQE PLC, a leading U.K. designer and supplier of advanced semiconductor wafers, for $75 million. more

San Carlos, Calif.-based Natus Medical Inc. has entered into a definitive agreement to acquire the Grass Technologies product group from technology manufacturer Astro-Med Inc. for $18.6 million, the companies announced Monday. more

Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier. more

Berkshire Hathaway Inc. subsidiary Richline Group Inc. will acquire Albuquerque, N.M.-based Rio Grande from The Bell Group Inc. effective Jan. 1, the company announced Friday. more