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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 [...]

AKWEL: Confirmed Upturn in Activity in Q3 2020

AKWEL: Confirmed Upturn in Activity in Q3 2020

CHAMPFROMIER, FRANCE, Nov. 13 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), an automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, is reporting consolidated turnover of €649.1 million for the first nine months of 2020, limiting the decline to -21.4% from the same period last year. Consolidated turnover (1 January to 30 September 2020) [...]

Southco’s Extended Length Captive Screw Offers New Standard Solution for Panel Applications

Southco’s Extended Length Captive Screw Offers New Standard Solution for Panel Applications

HONG KONG SAR, Nov. 10 (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 expanded its extensive line of captive screws with a new option covering the majority of panel applications. Southco’s [...]

II-VI Incorporated Reports Fiscal 2021 First Quarter Results

II-VI Incorporated Reports Fiscal 2021 First Quarter Results

Quarterly Revenue of $728.1 million Quarterly GAAP Operating Income of $101.1 million Quarterly Non-GAAP Operating Income of $138.9 million Quarterly GAAP EPS of $0.38 Quarterly Non-GAAP EPS of $0.84 September 30, 2020 net debt leverage ratio was 1.3x, reduced from 3.8x at June 30, 20201 PITTSBURGH, Nov. 5 (Korea Bizwire) — II-VI Incorporated (Nasdaq:IIVI) (“II-VI,” [...]

Bristow Group Reports Second Quarter Fiscal Year 2021 Results

Bristow Group Reports Second Quarter Fiscal Year 2021 Results

HOUSTON, Nov. 4 (Korea Bizwire) — Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $27.9 million, or $0.95 per diluted share, for its second quarter ended September 30, 2020 (“current quarter”) on operating revenues of $295.7 million compared to net income attributable to the Company of $71.5 million, or $5.16 [...]

New Compact Embedded Torque Hinge from Southco Provides Concealed Position Control

New Compact Embedded Torque Hinge from Southco Provides Concealed Position Control

HONG KONG, CHINA, Oct. 22 (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 the newest addition to Southco’s ST Torque Cartridge Embedded Hinge series delivers constant torque in a compact [...]

CNH Industrial to Announce 2020 Third Quarter Financial Results on November 5, 2020

CNH Industrial to Announce 2020 Third Quarter Financial Results on November 5, 2020

London, Oct. 21 (Korea Bizwire) - CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the Third Quarter of 2020 will be released on Thursday, November 5, 2020. A live audio webcast of the 2020 Third Quarter results conference call will begin at 3:30 p.m. CET/ 2:30 p.m. GMT / 9:30 [...]

LM Industries Announces $15M Funding from SPARX Group to Deliver Olli to Customers and Consumers

LM Industries Announces $15M Funding from SPARX Group to Deliver Olli to Customers and Consumers

SAN FRANCISCO, Oct. 15 (Korea Bizwire) — LM Industries, the parent company of Local Motors – the world’s first and only digital vehicle manufacturer – today announced a $15 million raise from Mirai Creation Fund II (managed by SPARX Group Co., Ltd, the Japanese asset management firm). This financing will help Local Motors deliver Olli [...]

New Compact Display Arm from Southco Provides Flexible, Height-Adjustable Positioning

New Compact Display Arm from Southco Provides Flexible, Height-Adjustable Positioning

HONG KONG, CHINA, Oct. 14 (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 extended its line of positioning technology with a compact display arm designed for desktops and equipment carts. [...]