SCHAUMBURG, IL -- Misumi USA, a provider of mechanical components for factory automation systems, has moved into a new corporate headquarters facility.

MILWAUKEE-- Johnson Controls has tendered an unsolicited, $1.25 billion offer for Visteon's automotive interiors and electronics businesses, but the bankrupt auto parts maker claims it is unclear of the bid's value to its shareholders.

SIOUX FALLS, SD -- Raven Industries today announced Daniel A. Rykhus will succeed Ron Moquist as president and chief executive when he retires in August.

SMYRNA, GA -- Overall registration for Virtual PCB (virtual-pcb.com) jumped 30% from a year ago as more than 2,900 PCB designers, fabricators and assemblers registered for the industry's only virtual trade show and conference.

HELSINKI -- Elcoteq has inked a 150 million euros ($185 million) deal to manufacture and service smartphones for Sharp.