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Akwel: Strong Improvement in Profitability in 2020

Akwel: Strong Improvement in Profitability in 2020

CHAMPFROMIER, FRANCE, April 9 (Korea Bizwire) – Akwel (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted its 2020 annual results. Consolidated data – in € millions 2020 2019 Var. in % Revenue 937.2 1,101.2 -14.9% EBITDA 175.3 130.3 +34.6% Current operating income 113.7 92.2 +23.4% Current operating [...]

New Counterbalance Support Hinge from Southco Reduces Overall Solution Cost

New Counterbalance Support Hinge from Southco Reduces Overall Solution Cost

HONG KONG SAR, April 8 (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, Southco has expanded its series of Counterbalance Hinges with a new product that reduces the total solution cost [...]

Industry-leading Energy Measurement Solutions Provider Romet Limited Appoints New Vice President of Customer Experience, James Schofield

Industry-leading Energy Measurement Solutions Provider Romet Limited Appoints New Vice President of Customer Experience, James Schofield

TORONTO, March 30 (Korea Bizwire) — Romet Limited announces the appointment of Mr. James Schofield as Vice President, Customer Experience at Romet, effective April 5, 2021. The role of Vice President, Customer Experience is a newly developed one, set to lead and enhance an integral pillar of Romet services. Schofield brings over 15 years of [...]

Attractive New M5 Magnetic Catches from Southco Hold Panels and Doors in Place

Attractive New M5 Magnetic Catches from Southco Hold Panels and Doors in Place

HONG KONG SAR, March 11 (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, Southco has introduced the latest product in its successful line of magnetic catches, with a new version that [...]

Sea Electric Holdings Pty Ltd. Completes US$42 Million Equity Financing

Sea Electric Holdings Pty Ltd. Completes US$42 Million Equity Financing

LOS ANGELES, March 9 (Korea Bizwire) — Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced it has closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position as a market [...]

ETC Sterilizers Awarded Multiple Contracts for EO Vacuum Chambers and Control Upgrades Totaling $3.1 Million

ETC Sterilizers Awarded Multiple Contracts for EO Vacuum Chambers and Control Upgrades Totaling $3.1 Million

SOUTHAMPTON, Pa., March 8 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded multiple contracts from domestic customers since February 1, 2021, totaling $3.1 million. The contracts include two, six-pallet vacuum degassing chambers for use with accelerating the ethylene oxide (“EO”) sterilization aeration process, seven EO Control System [...]

Hatch Celebrates 65th Anniversary with Release of New Campaign, “Positive Change: Leadership for a Better World”

Hatch Celebrates 65th Anniversary with Release of New Campaign, “Positive Change: Leadership for a Better World”

Mississauga, Canada, March 4 (Korea Bizwire) — Global engineering, project management, and professional services firm, Hatch, is celebrating its 65th anniversary with the release of a new campaign, “Positive change: leadership for a better world.” The campaign includes a report, curated video content, and a microsite, which detail how, in the last sixty-five years since [...]

CNH Industrial N.V. Files 2020 Annual Report on Form 20-F and Publishes 2020 EU Annual Report; Calling of the Annual General Meeting

CNH Industrial N.V. Files 2020 Annual Report on Form 20-F and Publishes 2020 EU Annual Report; Calling of the Annual General Meeting

London, March 3 (Korea Bizwire) - CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) announced today that it has filed its 2020 Annual Report on Form 20-F (prepared in accordance with U.S. GAAP) with the United States Securities and Exchange Commission and it has published its 2020 EU Annual Report (including the consolidated financial statements prepared in accordance [...]

CNH Industrial N.V. Announces the Extension by One Additional Year to March 2026 of its Syndicated Credit Facility

CNH Industrial N.V. Announces the Extension by One Additional Year to March 2026 of its Syndicated Credit Facility

London, Feb. 26 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) announces that it has exercised the second one-year extension option (i.e. to March 2026) of its syndicated committed revolving credit facility for € 3.9505 billion. The remaining € 49.5 million will mature in March 2025. CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global [...]