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Panduit Board Names Shannon McDaniel as Next CEO

Panduit Board Names Shannon McDaniel as Next CEO

Tinley Park, Illinois, Dec. 7 (Korea Bizwire) — Panduit announced today that its Board of Directors has appointed Shannon McDaniel as its next Chief Executive Officer (CEO) and President effective January 1, 2022. McDaniel, who currently serves as the company’s chief financial officer, will succeed current CEO and President Dennis Renaud, who will retire at [...]

New Covered Compression Latch from Southco Enhances Safety And Reduces Maintenance Errors

New Covered Compression Latch from Southco Enhances Safety And Reduces Maintenance Errors

HONG KONG SAR, Dec. 2 (Korea Bizcwire) — Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology, has expanded its line of VISE ACTION® Compression Latches with a new covered version that allows the operator [...]

CNH Industrial Completes the Acquisition of Raven Industries

CNH Industrial Completes the Acquisition of Raven Industries

London, Nov. 30 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it has completed its acquisition of Raven Industries, Inc., a U.S.-based leader in precision agriculture technology. The acquisition builds upon a long partnership and is an important milestone in CNH Industrial’s digital transformation. “Raven is a true pioneer in [...]

Nikkiso Cryogenic Industries Becomes North American Authorized Aftermarket Partner for Tatsuno

Nikkiso Cryogenic Industries Becomes North American Authorized Aftermarket Partner for Tatsuno

TEMECULA, Calif., Nov. 24 (Korea Bizwire) — Nikkiso’s Clean Energy & Industrial Gases Group (“Nikkiso”) announced the signing of a Memorandum of Understanding (MOU) with Tatsuno North America, Inc. (“Tatsuno”) to initiate cooperation as the Authorized Aftermarket Partner for their Hydrogen Dispensers in North America to establish a framework for cooperation. Under the terms of [...]

Nikkiso Clean Energy & Industrial Gases Group Announces Formation of Expanded Marine Facility in Korea

Nikkiso Clean Energy & Industrial Gases Group Announces Formation of Expanded Marine Facility in Korea

TEMECULA, Calif., Nov. 23 (Korea Bizwire) — Nikkiso Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce the expansion of our Busan Korea facility to accommodate their new Marine Center. This expansion represents their commitment to and support of the growth of the Korean shipbuilding industry. [...]

CNH Industrial Maintains its Top Position in the Dow Jones Sustainability Indices

CNH Industrial Maintains its Top Position in the Dow Jones Sustainability Indices

London, Nov. 19 (Korea Bizwire) – CNH Industrial (NYSE: CNHI /MI: CNHI) has been included for the 11th consecutive year in the Dow Jones Sustainability Indices (DJSI) World and Europe. As of Nov 12, 2021, CNH Industrial achieved the highest score (88/100) out of 126 companies assessed in the Machinery and Electrical Equipment Industry in the S&P Global Corporate [...]

KaMin to Acquire BASF Kaolin Minerals Business

KaMin to Acquire BASF Kaolin Minerals Business

MACON, Ga., Nov. 18 (Korea Bizwire) — KaMin LLC, a global performance minerals company owned by IMin Partners, and BASF announced today that they have entered into a definitive agreement in which KaMin will acquire the BASF kaolin minerals business. Currently, the kaolin minerals business is part of BASF’s Performance Chemicals division. The transaction includes [...]

CNH Industrial to Announce an Iveco Group Investor Day on November 18, 2021

CNH Industrial to Announce an Iveco Group Investor Day on November 18, 2021

ADVERTISEMENT. This announcement is an advertisement for the purposes of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”) relating to the intention of the Company to proceed with the admission to listing and trading on Euronext Milan of all Iveco Group N.V. common shares (the “Admission”). This announcement does not constitute or form part of [...]

AKWEL: Revenue for the Third Quarter of 2021

AKWEL: Revenue for the Third Quarter of 2021

Champfromier, France, Nov. 10 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid and mechanism management, posted consolidated revenue of €699.1m over the first nine months of 2021, up by 7.7% compared to the same period last year. Consolidated revenue (1 January to 30 September 2021) In € millions – [...]

2021 THIRD QUARTER RESULTS

2021 THIRD QUARTER RESULTS

The following is an extract from the “CNH Industrial 2021 third quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports solid third quarter performance. Consolidated revenues of $8.0 billion (up 23% compared to Q3 2020), net [...]