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Archive by category Industry & Manufacturing

Lithium Werks Sells Modular Business Unit to Lithion Power Group

Lithium Werks Sells Modular Business Unit to Lithion Power Group

AUSTIN, Texas and ENSCHEDE, The Netherlands, Dec. 22 (Korea Bizwire) – Lithium Werks, a global leader in Lithium Iron Phosphate cell manufacturing, technology, and intellectual property, announces that it has sold its Valence™ module and BMS assets to Lithion Power Group, a vertically integrated manufacturer of cells and rechargeable and non-rechargeable battery packs. As a result of the sale, Lithium [...]

CNH Industrial Announces the Early Repayment of GBP 600,000,000 Commercial Paper Under the Joint HM Treasury and Bank of England’s Covid Corporate Financing Facility (CCFF)

CNH Industrial Announces the Early Repayment of GBP 600,000,000 Commercial Paper Under the Joint HM Treasury and Bank of England’s Covid Corporate Financing Facility (CCFF)

London, Dec. 16 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that on December 16th it repaid in advance the whole GBP 600 million commercial paper issued in April 2020 through the Joint HM Treasury and Bank of England’s Covid Corporate Financing Facility (CCFF). The CCFF was one of the measures designed [...]

Lithium Werks Achieves IATF 16949 and Renews ISO 9001

Lithium Werks Achieves IATF 16949 and Renews ISO 9001

AUSTIN, Texas and ENSCHEDE, The Netherlands, Dec. 14 (Korea Bizwire) — Lithium Werks is pleased to announce that it has renewed its long-standing ISO 9001 certification, now valid through late 2023, and upgraded the prior TS 16949:2009 Automotive Quality Certification to the new IATF 16949:2016 certification, registered with BSI (British Standards Institute), for the Changzhou [...]

CNH Industrial Announces the Closing of its Notes Offering of Euro 750,000,000 Guaranteed 0.000% Notes due April 2024

CNH Industrial Announces the Closing of its Notes Offering of Euro 750,000,000 Guaranteed 0.000% Notes due April 2024

London, Dec. 1 (Korea Bizwire) - Today CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) settled its offering of Euro 750,000,000 in principal amount of 0.000% notes due April 1, 2024, with an issue price of 99.910% of the principal amount, which was priced on November 24, 2020. The notes have been issued by CNH Industrial [...]

Advanced Energy Introduces New SCR Power Controller with Advanced Performance and New Capabilities to Bring Industry 4.0 to Precision Heating Applications

Advanced Energy Introduces New SCR Power Controller with Advanced Performance and New Capabilities to Bring Industry 4.0 to Precision Heating Applications

DENVER, COLORADO, Nov. 25 (Korea Bizwire) - Advanced Energy Industries, Inc.  (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced the expansion of its market-leading line of SCR (silicon controlled rectifier) power controllers with its new Thyro-A+ for precision industrial and semiconductor heating applications. Thyro-A+ provides [...]

10kW+ Laser Cutting Machine Made a Sales Record of 260 Sets, Bodor Laser Constantly Surprises the Market

10kW+ Laser Cutting Machine Made a Sales Record of 260 Sets, Bodor Laser Constantly Surprises the Market

SHANDONG, China, Nov. 24 (Korea Bizwire) — The spring of 2020 is different. A sudden epidemic has stopped us from all kinds of progress. The world is shrouded in the haze of the epidemic, and the COVID-19 epidemic has become a matter of concern to everyone. There is no doubt that the outbreak of this [...]

Lithium Werks Power Cell Manufacturing Continues to Grow

Lithium Werks Power Cell Manufacturing Continues to Grow

AUSTIN, Texas and ENSCHEDE, The Netherlands, Nov. 19 (Korea Bizwire) — Though 2020 has brought many unprecedented challenges to all businesses around the world, Lithium Werks continues to manufacture the Best in Class patented Lithium Iron Nanophosphate™ Power cells for the most demanding markets. Our 26650 Nanophosphate™ cells are used as single cells, as well as to [...]

CNH Industrial Announces Appointment of New Chief Executive Officer

CNH Industrial Announces Appointment of New Chief Executive Officer

London, Nov. 17 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the appointment of Scott W. Wine as Chief Executive Officer, effective January 4, 2021. As a proven leader with considerable international experience across a variety of industries, Mr. Wine has a track record of producing exceptional results. Mr. Wine joins the [...]

AKWEL: Confirmed Upturn in Activity in Q3 2020

AKWEL: Confirmed Upturn in Activity in Q3 2020

CHAMPFROMIER, FRANCE, Nov. 13 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), an automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, is reporting consolidated turnover of €649.1 million for the first nine months of 2020, limiting the decline to -21.4% from the same period last year. Consolidated turnover (1 January to 30 September 2020) [...]

Southco’s Extended Length Captive Screw Offers New Standard Solution for Panel Applications

Southco’s Extended Length Captive Screw Offers New Standard Solution for Panel Applications

HONG KONG SAR, Nov. 10 (Korea Bizwire) - 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 extensive line of captive screws with a new option covering the majority of panel applications. Southco’s [...]