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Archive by category Manufacturing

The Metals Company Enters into Business Collaboration MoU with Epsilon Carbon to Complete A Pre-Feasibility Study For the World’s First Commercial Polymetallic Nodule Processing Plant in India

NEW YORK, March 17 (Korea Bizwire) — TMC, The Metals Company Inc. (Nasdaq: TMC) (“TMC”) today announced that it has signed a non-binding Memorandum of Understanding (“MoU”) with Epsilon Carbon Pvt. Ltd. (“Epsilon Carbon”) to complete a pre-feasibility study for a commercial-scale deep-sea nodule processing plant in India with targeted production capacity of more than [...]

Precision Valve Corporation Announces Harald Biederbick as Chief Executive Officer

GREENVILLE, S.C. and PARIS , March 14 (Korea Bizwire) — Precision Valve Corporation (“PRECISION” or the “Company”), the aerosol valves world leader and a leading global manufacturer for actuators and other dispensing solutions across a variety of end markets, appoints Harald Biederbick as Chief Executive Officer effective March 21, 2022. Mr. Biederbick succeeds Mario Barbero, [...]

SafeAI and MACA Partner to Create One of the World’s Largest Autonomous Heavy Equipment Fleets

SANTA CLARA, Calif., March 8 (Korea Bizwire) – SafeAI, a leader in autonomous heavy equipment, and MACA, one of the world’s leading diversified contracting groups, today announced a partnership to retrofit a fleet of 100 mixed vehicles. Together with SafeAI’s Australian partner, Position Partners, the companies will create one of the largest autonomous heavy equipment fleets in Australia, [...]

The Metals Company Welcomes Growing Recognition from Political and Military Leaders of Deep-Sea Nodules’ Potential to Strengthen National Security and Reshore Supply Chains for the Clean Energy Transition

NEW YORK, Feb. 28 (Korea Bizwire) — The Metals Company (NASDAQ: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today commended Western political and military leaders for their growing acknowledgement of the potential for seafloor polymetallic nodules to bolster domestic critical mineral supply chains for the clean energy [...]

CNH Industrial Presents Updated 2024 Strategic Business Plan

Strategic priorities center on Customer-Inspired Innovation; Technology Leadership; Brand and Dealer Strength; Operational Excellence; and Sustainability Stewardship Launch of Company Purpose: Breaking New Ground. Innovation Sustainability Productivity Updated Sustainability Targets, including commitment to Science Based Targets initiative (SBTi) Presentation of three-year financial targets, including: Net sales of Industrial Activities projected to grow to $20 – $22 billion by 2024 with CAGR of ~6% Adjusted 2024 EBIT Margin of Industrial [...]

Follow Live Today: CNH Industrial Capital Markets Day

The Company will present its updated 2024 Strategic Business Plan, hosting an in-person and virtual event with presentations starting at 12 noon EST / 6:00 p.m. CET. Follow the full event live at: capitalmarketsday.cnhindustrial.com London, February 22 (Korea Bizwire) – CNH Industrial (NYSE: CNHI / MI: CNHI) will host its Capital Markets Day today at The Fillmore Theater in Miami Beach, Florida, USA. Presentations will commence at 12 noon [...]

Commercial Vehicle Group Appoints Wern-Lirn (Paul) Wang as SVP & Managing Director of CVG Asia Pacific

NEW ALBANY, Ohio, Feb. 17 (Korea Bizwire) — CVG announced today that Wern-Lirn (Paul) Wang has been appointed SVP & Managing Director of CVG Asia Pacific. As part of CVG’s strategic transformation, Wang will take the functional and operational lead in the Asia Pacific region which currently includes China, India, Australia and Thailand. “We are [...]

AKWEL: 2021 Turnover Totals €922.4 Million

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted consolidated turnover of €922.4m in 2021, up +2.8% comparing like-for-like figures. Consolidated turnover In € millions – unaudited 2021 2020 Variation Like-for-like variation (1) 1st half-year 487.5 387.1 +25.9% +33.7% 3rd quarter 211.4 262.0 -19.3% -17.3% 4th quarter 223.5 288.1 -22.4% [...]

CNH Industrial 2021 Fourth Quarter and Full Year Results

The following is an extract from the “CNH Industrial 2021 Fourth Quarter and Full Year Results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: www.cnhindustrial.com/en-us/media/press_releases or consulting the accompanying PDF: CNH Industrial reports strong full year performance in 2021, the last year of operations prior [...]

Marsel Khaliullin Named Business Line Manager Aftermarket Services Russia & CIS, Nikkiso Industrial Russia

TEMECULA, Calif., Feb. 7 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Marsel Khaliullin has been named Business Line Manager Aftermarket Services Russia & Cryogenic Industries Service for Nikkiso Industrial Russia (NIR). Based in Russia, he will manage [...]