EnPro Industries Announces Agreement to Sell STEMCO Air Springs Business, Reaching Final Milestone in Reshaping of Heavy-Duty Truck Business
CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) announced that it has entered into a definitive agreement to sell its STEMCO Air Springs business unit, manufacturer of Goodyear-licensed air springs, as well as Super Cushion® and Spring Ride® air springs, to an affiliate of private equity firm Turnspire Capital Partners. The agreement provides for the sale […]
Helios Technologies Reports Second Quarter 2020
Generates Strong Cash from Operations and Executes Successfully on Cost Containment Net sales of $119.3 million; moderate 8% decline from prior quarter during COVID-19 pandemic Planned and aggressive cost containment provided for solid margins on lower volume Operating improvements led to gross margin of 37.5% Continued to make investments in organic growth initiatives Generated $25.3 […]
Telenav Announces Date of Fourth Quarter and Fiscal Year 2020 Financial Results
SANTA CLARA, Calif.–(BUSINESS WIRE)–Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected car and location-based platform services, announced today that it plans to release its fourth quarter and fiscal year 2020 financial results after the market closes on Wednesday, August 12, 2020. The company will host a live video Zoom webcast at 2:00 p.m. Pacific […]
Flux Power Partners With CLARK Material Handling To Supply Lithium-Ion Batteries
VISTA, Calif.–(BUSINESS WIRE)–$FLUX #CLARK–Flux Power Holdings, Inc. (OTCQB: FLUX), a developer of advanced lithium-ion batteries for commercial and industrial equipment including electric forklifts and airport ground support equipment (GSE), announced a new partnership with CLARK Material Handling Company (CLARK), a top-ten global manufacturer of forklift trucks and spare parts. “We’ve listened to our dealers and […]
COVID-19 Impact & Recovery Analysis- Light-duty Truck Steering System Market (2019-2023) | Increased Demand for Transportation and Logistics to Boost Growth | Technavio
LONDON–(BUSINESS WIRE)–#GlobalLightdutyTruckSteeringSystemMarket–Technavio has been monitoring the light-duty truck steering system market and it is poised to grow by USD 2.12 billion during 2019-2023, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio suggests […]
Women in Manufacturing Announces Inaugural Class of Hall of Fame Inductees
CLEVELAND–(BUSINESS WIRE)–#gendergap–The Women in Manufacturing® Association (WiM) is thrilled to announce 15 outstanding women leaders who make up the inaugural class of Women in Manufacturing Hall of Fame inductees. The group will be officially welcomed to the Hall of Fame with a ceremony and celebration on October 1, 2020 as part of WiM’s 10th annual […]
SkyWater Appoints Srila LaRochelle as Vice President of Strategic Business Development
LaRochelle brings extensive semiconductor industry expertise in product and business development, sales, and strategic marketing BLOOMINGTON, Minn.–(BUSINESS WIRE)–SkyWater Technology, the trusted technology realization partner, today announced that Srila LaRochelle has been appointed as Vice President, Strategic Business Development, bringing extensive semiconductor industry sales expertise to the company, including over a decade of experience at GLOBALFOUNDRIES. […]
Affinitiv Announces New CEO to Lead the Company’s Next Phase of Transformative Growth
CHICAGO–(BUSINESS WIRE)–#Affinitiv–Affinitiv, the leading provider of data-driven marketing and software solutions to the automotive market, has named Sid Nair as the company’s new Chief Executive Officer. Nair will also join the company’s Board. Nair brings 25+ years of experience running large-scale technology companies, with a strong executive leadership background that spans general management, sales & […]
GM Accelerates 3D Printing Capability With Stratasys for Business Agility and Efficiency
Transformation powered by additive manufacturing helps GM move faster, cut costs, and produce safer, lighter-weight manufacturing aids Retooling production for ventilators aided by Stratasys FDM systems EDEN PRAIRIE, Minn. & DETROIT–(BUSINESS WIRE)–$SSYS #3dprinting–As the COVID-19 pandemic has ripped through much of the world this year, 3D printing has emerged as an agile and effective technology […]
Airgain® Announces AirgainConnect™ Device Certification on AT&T LTE Network
An Integrated Modem and Antenna Platform, AirgainConnect is Certified and Approved for Use on AT&T Network SAN DIEGO–(BUSINESS WIRE)–$AIRG #AirgainAntennaModem—Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced that AT&T has […]
