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GT Advanced Technologies Concludes Matter with the SEC

GT Advanced Technologies Concludes Matter with the SEC

HUDSON, N.H., May 3 (Korea Bizwire) — GT Advanced Technologies Inc., the parent of GTAT Corporation (collectively, “Company”), has entered into a settlement agreement with the Securities and Exchange Commission (“SEC”) relating to an investigation into events leading up to the Company’s bankruptcy filing in 2014.  The Company welcomes the conclusion of this matter which [...]

Akwel: Increase in Turnover of 4.6 pct in the 1st Quarter of 2019

Akwel: Increase in Turnover of 4.6 pct in the 1st Quarter of 2019

CHAMPFROMIER, FRANCE, May 2 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), the equipment and systems manufacturer for the automotive and heavy goods industries, a specialist in fluid management and mechanisms, has recorded consolidated turnover of €293.0m in the first quarter of 2019, an increase of 4.6% compared to the first quarter of 2018 (+6.6% at [...]

Wabtec Announces Launch of Public Offering by Selling Stockholder

Wabtec Announces Launch of Public Offering by Selling Stockholder

WILMERDING, Pa., Apr. 30 (Korea Bizwire) — Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the launch of an underwritten secondary offering of 12,500,000 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional [...]

New Heavy Duty Actuator from Southco Combines Reliable Actuation with Modern Design

New Heavy Duty Actuator from Southco Combines Reliable Actuation with Modern Design

HONG KONG, CHINA, Apr. 30 (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 recently expanded on its successful line of mechanical actuators with a new version that combines reliable actuation [...]

CP Kelco Plans Launch of New Food Ingredient, NUTRAVA™ Citrus Fiber

CP Kelco Plans Launch of New Food Ingredient, NUTRAVA™ Citrus Fiber

ATLANTA, Apr. 29 (Korea Bizwire) — CP Kelco, a global leader of nature-based ingredient solutions, today announced plans for the introduction of its newest product line, NUTRAVA™ Citrus Fiber.  With the continued growth in consumer demand for clean label products, NUTRAVA™ Citrus Fiber addresses the need for nature-based, recognizable ingredients in a variety of food [...]

Rafael Santana to Succeed Ray Betler as Wabtec President and CEO

Rafael Santana to Succeed Ray Betler as Wabtec President and CEO

WILMERDING, Pa., Apr. 25 (Korea Bizwire) — Wabtec Corporation (NYSE: WAB) today announced Rafael Santana will become president and CEO of the company, effective July 1, 2019. Santana, who will also become a Wabtec board member, will succeed Ray Betler, who will retire as a Wabtec executive and board member.  Santana, 47, joined Wabtec earlier [...]

A Sustainable Year: CNH Industrial Presents its 2018 Highlights

A Sustainable Year: CNH Industrial Presents its 2018 Highlights

London, Apr. 24 (Korea Bizwire) - CNH Industrial (NYSE: CNHI /MI: CNHI), eight-time Industry Leader in the Dow Jones Sustainability World and Europe Indices, announces the third edition of A Sustainable Year which details the sustainability activities the Company and its stakeholders accomplished in 2018. This 36-page guide accompanies the 2018 Sustainability Report published on April [...]

CNH Industrial to Announce 2019 First Quarter Financial Results on May 7

CNH Industrial to Announce 2019 First Quarter Financial Results on May 7

London, Apr. 23 (Korea Bizwire) - CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the First Quarter of 2019 will be released on Tuesday, May 7, 2019. A live audio webcast of  the 2019 First Quarter results conference call will begin at 3:30 p.m. CEST / 2:30 p.m. BST / [...]

LeddarTech Appoints Richard LaRue, a Seasoned Corporate International Lawyer, to its Executive Team

LeddarTech Appoints Richard LaRue, a Seasoned Corporate International Lawyer, to its Executive Team

QUEBEC CITY, Apr. 23 (Korea Bizwire) — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce the appointment of Mr. Richard LaRue as Chief Legal Officer. Mr. LaRue has worked extensively with software and biotech companies, as well as start-ups, in all aspects of their [...]

CNH Industrial Announces Voting Results of Annual General Meeting and Publication of 2018 Sustainability Report

CNH Industrial Announces Voting Results of Annual General Meeting and Publication of 2018 Sustainability Report

London, Apr. 12 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) shareholders at the Annual General Meeting (“AGM”), held today in Amsterdam, the Netherlands, approved the Company’s 2018 EU–IFRS Annual Report (including the Company’s 2018 statutory financial statements) and a dividend of €0.18 per common share, equivalent to a total distribution of approximately [...]