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ATS Appoints Wencor as Exclusive Global Distributor of PMA Portfolio

ATS Appoints Wencor as Exclusive Global Distributor of PMA Portfolio

EVERETT, Wash., Jan. 11 (Korea Bizwire) — ATS (Aviation Technical Services) today announced an agreement with Wencor as sole distributor of its Part Manufacturer Approval (PMA) product line, approved by the FAA under ATSMRO part number references. Included in the agreement is the ATS-patented EverLatch™ Cargo Door Latch, a cost-effective solution designed to enhance reliability [...]

Nikkiso Cryogenic Industries Group Sells Turboexpander Business Line to Air Liquide

Nikkiso Cryogenic Industries Group Sells Turboexpander Business Line to Air Liquide

TEMECULA, Calif., Jan. 7 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (Group), a part of Nikkiso Co., Ltd (Japan), announces the sale of its Turboexpander Business Line to Air Liquide. Located mainly in Santa Ana, California, the Turboexpander Business Line designs, manufactures and sells Turboexpanders within the industrial gas industry [...]

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 [...]

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 [...]