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Archive by category Industry & Manufacturing

CNH Industrial Enters into Exclusive Multi-year Technology Licensing Agreement with Monarch Tractor

London, Nov. 3 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a US-based AgTech company specializing in fully electric autonomous tractors. The license agreement foresees the launch of a scalable, modular electrification platform focusing on low [...]

Iveco Group Presents its Future Organization and Leadership Team

London, Nov. 2 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the organizational structure of the future Iveco Group. As previously communicated, designated CEO Gerrit Marx will lead this new, to be listed, company with its commercial vehicles, powertrain, specialty vehicles and financial services businesses into independent operation in early 2022. Under [...]

CNH Industrial Unveils New Organizational Structure for its Off-Highway Future

London, Nov. 2 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces a new strategic structure as an integral part of the Company’s transition into an organization that will lead in the agriculture and construction sectors following the spin-off of Iveco Group. This organization aims to accomplish key strategic objectives, all fulfilling CNH [...]

SafeAI Launches in Japan and India to Accelerate Autonomous Heavy Equipment Deployment

MILPITAS, Calif., Oct. 26 (Korea Bizwire) – SafeAI, a global leader in autonomous heavy equipment, today announced a major global expansion with its entry into two new countries, Japan and India. With new offices and growing local teams in both markets, the company is poised to significantly accelerate the rollout of autonomous equipment across heavy industry, [...]

CNH Industrial to Announce 2021 Third Quarter Financial Results on November 4, 2021 and, in View of the Announced Spin-off (Early 2022), an Iveco Group Investor Day on November 18, 2021

London, Oct. 18 (Korea Bizwire) – CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the Third Quarter of 2021 will be released on Thursday, November 4, 2021. A live audio webcast of the 2021 Third Quarter results conference call will begin at 2:30 p.m. CET/ 1:30 p.m. GMT / 9:30 [...]

CNH Industrial Announces Temporary Plant Shutdowns in Europe

London, Oct. 13 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it will temporarily close several of its European agricultural, commercial vehicle and powertrain manufacturing facilities in response to ongoing disruptions to the procurement environment and shortages of core components, especially semiconductors. CNH Industrial is constantly reviewing its production schedules [...]

Nexen Tire Releases Second Annual Sustainability Report

SEOUL, South Korea, Oct. 12 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, today released the 2020/21 edition of its ESG Report. Following the publication of its first CSR Report (2019/20) last year, Nexen Tire has released its second report, with the commitment of expanding ESG management and becoming a full-fledged customer-oriented organization. [...]

Cambridge Isotope Laboratories, Inc. (CIL) Launches Stable Isotope-Labeled and Unlabeled TCA Cycle Multi-Component Mixes

TEWKSBURY, Mass., Oct. 6 (Korea Bizwire) – Cambridge Isotope Laboratories, Inc. (CIL) is pleased to announce the release of our new stable isotope-labeled and unlabeled TCA cycle mixes to aid in the analysis of TCA-associated compounds in metabolic studies. The TCA (tricarboxylic acid) cycle, also known as the Krebs or citric acid cycle, plays an essential role [...]

BrightVolt Raises $16 Million in Series B Funding Led by New Science Ventures and Caterpillar Venture Capital Inc.

REDMOND, Wash., Oct. 6 (Korea Bizwire) – BrightVolt, Inc., a global leader in the design, development, and manufacturing of safe, high energy and low cost solid-state Lithium-Ion batteries has successfully closed the first tranche of a $16M Series B financing round with significant investments by New Science Ventures (NSV) and Caterpillar Venture Capital Inc. (Caterpillar). Fresh funds [...]

SafeAI Welcomes Automotive Veteran Roger Nielsen to Board of Directors

MILPITAS, Calif., Sept. 30 (Korea Bizwire) – SafeAI, a global leader in autonomous heavy equipment, today announced that Roger Nielsen has joined its Board of Directors. Nielsen, the former President and CEO of Daimler Trucks North America and member of the Board of Management of Daimler Truck AG, brings nearly forty years of experience in the [...]