2022 FIRST QUARTER RESULTS CNH Industrial reports solid first quarter performance: Consolidated revenues of $4.6 billion, (up 13.4% compared to Q1 2021 for continuing operations) Net income of $336 million, Adjusted Net Income of $378 million, with adjusted diluted EPS of $0.28, and Adjusted EBIT of Industrial Activities of $429 million (up $36 million compared [...]
London, April 19 (Korea Bizwire) – CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the First Quarter of 2022 will be released on Tuesday, May 3, 2022. A live audio webcast of the financial results conference call will begin at 3:30 p.m. CEST / 2:30 p.m. BST / 9:30 a.m. [...]
CHAMPFROMIER, FRANCE, April 7 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted its 2021 annual results. Consolidated data – in € millions 2021 2020 Var. in % Revenue 922.5 937.2 -1.6% EBITDA 117.1 175.3 -33.2% Current operating income 75.2 113.7 -33.8% Current [...]
Illinois, April 6 (Korea Bizwire) — According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026″,published by MarketsandMarkets™, The global electric motor market is expected to grow from an estimated [...]
PITTSBURGH, April 5 (Korea Bizwire) – Matthews International Corporation (NASDAQ GSM: MATW) announced today the expected July 2022 opening of its state-of-the-art service facility in San Antonio, Texas, for the refurbishment of calender rolls for lithium-ion battery electrode production. This facility, part of Matthews’ Saueressig Engineering and Energy division, supports the growth of its North American energy [...]
BERLIN, March 23 (Korea Bizwire) — Dedicated to giving back to the community and the environment, FLEXIM Cares is a division of non-invasive ultrasonic flowmeter manufacturer FLEXIM and is involved in an increasing number of important local projects around the world. On a global level, this year FLEXIM is proud to support the protection of [...]
CHATTANOOGA, Tenn., March 23 (Korea Bizwire) — Astec Industries (NASDAQ: ASTE) announces entering into a definitive agreement to acquire MINDS Automation Group Inc. (MINDS), a leader in plant automation control systems and cloud-based data management in the asphalt industry. MINDS, headquartered in British Columbia, Canada, has locations in the U.S., United Kingdom, France, and Belgium. [...]
NEW YORK, March 17 (Korea Bizwire) — TMC, The Metals Company Inc. (Nasdaq: TMC) (“TMC”) today announced that it has signed a non-binding Memorandum of Understanding (“MoU”) with Epsilon Carbon Pvt. Ltd. (“Epsilon Carbon”) to complete a pre-feasibility study for a commercial-scale deep-sea nodule processing plant in India with targeted production capacity of more than [...]
GREENVILLE, S.C. and PARIS , March 14 (Korea Bizwire) — Precision Valve Corporation (“PRECISION” or the “Company”), the aerosol valves world leader and a leading global manufacturer for actuators and other dispensing solutions across a variety of end markets, appoints Harald Biederbick as Chief Executive Officer effective March 21, 2022. Mr. Biederbick succeeds Mario Barbero, [...]
SANTA CLARA, Calif., March 8 (Korea Bizwire) – SafeAI, a leader in autonomous heavy equipment, and MACA, one of the world’s leading diversified contracting groups, today announced a partnership to retrofit a fleet of 100 mixed vehicles. Together with SafeAI’s Australian partner, Position Partners, the companies will create one of the largest autonomous heavy equipment fleets in Australia, [...]