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CNH Industrial Announces Temporary Plant Shutdowns in Europe

CNH Industrial Announces Temporary Plant Shutdowns in Europe

London, Oct. 13 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it will temporarily close several of its European agricultural, commercial vehicle and powertrain manufacturing facilities in response to ongoing disruptions to the procurement environment and shortages of core components, especially semiconductors. CNH Industrial is constantly reviewing its production schedules [...]

Nexen Tire Releases Second Annual Sustainability Report

Nexen Tire Releases Second Annual Sustainability Report

SEOUL, South Korea, Oct. 12 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, today released the 2020/21 edition of its ESG Report. Following the publication of its first CSR Report (2019/20) last year, Nexen Tire has released its second report, with the commitment of expanding ESG management and becoming a full-fledged customer-oriented organization. [...]

Cambridge Isotope Laboratories, Inc. (CIL) Launches Stable Isotope-Labeled and Unlabeled TCA Cycle Multi-Component Mixes

Cambridge Isotope Laboratories, Inc. (CIL) Launches Stable Isotope-Labeled and Unlabeled TCA Cycle Multi-Component Mixes

TEWKSBURY, Mass., Oct. 6 (Korea Bizwire) – Cambridge Isotope Laboratories, Inc. (CIL) is pleased to announce the release of our new stable isotope-labeled and unlabeled TCA cycle mixes to aid in the analysis of TCA-associated compounds in metabolic studies. The TCA (tricarboxylic acid) cycle, also known as the Krebs or citric acid cycle, plays an essential role [...]

BrightVolt Raises $16 Million in Series B Funding Led by New Science Ventures and Caterpillar Venture Capital Inc.

BrightVolt Raises $16 Million in Series B Funding Led by New Science Ventures and Caterpillar Venture Capital Inc.

REDMOND, Wash., Oct. 6 (Korea Bizwire) – BrightVolt, Inc., a global leader in the design, development, and manufacturing of safe, high energy and low cost solid-state Lithium-Ion batteries has successfully closed the first tranche of a $16M Series B financing round with significant investments by New Science Ventures (NSV) and Caterpillar Venture Capital Inc. (Caterpillar). Fresh funds [...]

SafeAI Welcomes Automotive Veteran Roger Nielsen to Board of Directors

SafeAI Welcomes Automotive Veteran Roger Nielsen to Board of Directors

MILPITAS, Calif., Sept. 30 (Korea Bizwire) – SafeAI, a global leader in autonomous heavy equipment, today announced that Roger Nielsen has joined its Board of Directors. Nielsen, the former President and CEO of Daimler Trucks North America and member of the Board of Management of Daimler Truck AG, brings nearly forty years of experience in the [...]

AKWEL: Net Earnings of €38 M in H1 2021

AKWEL: Net Earnings of €38 M in H1 2021

CHAMPFROMIER, France, Sept. 23 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2021 half-yearly results. Consolidated data – in € millions 30.06.2021 30.06.2020 Var. in % Revenue 487.6 387.0 +26.0% EBITDA 64.7 60.0 +7.9% Current operating income 50.0 24.3 +105.8% Current [...]

Pricing of CNH Industrial Capital Canada Ltd. CAD$ 300 Million Notes

Pricing of CNH Industrial Capital Canada Ltd. CAD$ 300 Million Notes

London, Sept. 23 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced CAD$ 300 million in aggregate principal amount of 1.50% notes due October 1, 2024, with an issue price of 99.936%. The notes are being offered on a [...]

CNH Industrial Announces Subsidiary Notes Offering

CNH Industrial Announces Subsidiary Notes Offering

London, Sept. 23 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., plans to offer new notes in a private placement to certain accredited investors in each of the provinces of Canada, subject to market conditions. The notes will be guaranteed [...]

Lamor Corporation Aquaculture Solutions Lower Cost & Carbon Footprint with More Efficient Systems

Lamor Corporation Aquaculture Solutions Lower Cost & Carbon Footprint with More Efficient Systems

PORVOO, Finland, Sept. 21 (Korea Bizwire) — Lamor Corporation provides Reverse Osmosis-systems for brackish and seawater treatment. Finland has been one of the leading countries in cruise vessel  construction for decades, and various large cruise companies such as Royal Caribbean, TUI and Carnival have purchased their vessels from Finnish shipyards. For years cruise line companies have [...]

Nikkiso Cosmodyne Commissions TGNO-1000 Developed for Float Glass Applications

Nikkiso Cosmodyne Commissions TGNO-1000 Developed for Float Glass Applications

TEMECULA, Calif., Sept. 15 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce Nikkiso Cosmodyne recently commissioned its TGNO-1000 gaseous oxygen and nitrogen plant. The new plant targets float glass manufacturing and was sold to an industrial gases company. The [...]