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 [...]
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. [...]
TORONTO, Oct. 13 (Korea Bizwire) — Romet today introduced BrightLync™ Advanced Communications Platform; a first of its kind, end-to-end intelligent and secure data transmission solution for natural gas distribution and transmission. BrightLync leverages advancements in wireless communications and distributed computing power to improve system safety and resilience for gas utilities worldwide by easily getting information [...]
London, Oct. 6 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has completed its previously announced offering of $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. The net proceeds of this offering were [...]
Kennesaw, Georgia, USA, Sept. 30 (Korea Bizwire) — The board of directors of BrandSafway, a global leader in access and industrial services, has announced that Karl Fessenden has been named chief executive officer (CEO) and Christian Garcia will be the new executive vice president (EVP) and chief financial officer (CFO), effective mid-October. “We are pleased [...]
London, Sept. 29 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. The offering is expected to close on October 6, 2020, subject to [...]
London, Sept. 29 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, plans to offer new notes, subject to market conditions. The notes will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary [...]
London, September 28 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that Nelda J. Connors, an independent member of the board of directors of CNH Industrial N.V. (the “Board”) and member of its Audit Committee, has decided to step down with immediate effect. “I have greatly enjoyed my tenure with CNH [...]
CHAMPFROMIER, FRANCE, Sept. 24 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2020 half-yearly results. Consolidated data – in € millions 30.06.2020 30.06.2019 Var. in % Revenue 387.0 566.5 -31.7% EBITDA 60.0 66.6 -9.9% Current operating income 24.3 46.9 -48.2% Current [...]
HONG KONG, CHINA, Sept. 23 (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 successful E5 Cam Latch series, including an extended housing version designed for increased panel thickness, [...]