Kinterra Capital’s Cannon Resources Advances Exploration at Fisher East Nickel Project to Support EV Battery Supply Chain
Nickel Sulphide Resource Doubled in Six Months Following Kinterra’s Investment TORONTO & PERTH, Australia–(BUSINESS WIRE)–Kinterra Capital (“Kinterra”), a private equity firm that invests in and develops key critical minerals assets and strategic infrastructure necessary for the energy transition, today announced that its portfolio company, Cannon Resources Pty Ltd (“Cannon” or “the Company”), a Western Australia-focused […]
Cadrex Manufacturing Solutions Opens Additional Facility in Mexico
Large North American Manufacturing Company Opens New Facility Near Existing Site in Monterrey MONTERREY, Mexico–(BUSINESS WIRE)– About 800 employees work at the existing Cadrex Monterrey facility, and Cadrex leaders hope to add hundreds of new employees over the next few years in Mexico. The location serves clients primarily in the data center infrastructure; network, compute, […]
Cenntro Electric Group Limited Announces Imminent Implementation of the Scheme of Arrangement
FREEHOLD, N.J.–(BUSINESS WIRE)– Cenntro is pleased to announce that the Scheme will be implemented tomorrow February 27, 2024, in accordance with the previously announced timeline (the “Implementation Date”). On the Implementation Date, HoldCo will acquire all of the issued ordinary shares of Cenntro and exchange them for shares of common stock of HoldCo on a […]
USAA to Offer Financial Assistance for Members Impacted by a Potential Government Shutdown
If a shutdown occurs, eligible members can apply for a no-interest loan and explore various payment relief options via USAA.com or the USAA app SAN ANTONIO–(BUSINESS WIRE)–USAA continues monitoring for a possible government shutdown. Should a shutdown occur in March and impacts to paychecks become imminent, USAA stands ready to provide financial assistance to affected […]
U.S. Autoforce Embarks on Supply Chain Transformation with Logility
AI-first Supply Chain Planning Solutions to Support Aggressive Business Growth ATLANTA–(BUSINESS WIRE)–U.S. Autoforce, an industry leader in automotive service parts, selects the AI-first Logility® Digital Supply Chain Platform, to support exponential business growth. Looking to enhance their entire supply chain strategy, they have invested in multiple Logility solutions including Demand Optimization, Inventory Planning, Replenishment Planning, […]
Diagnostic Discussions: ASE hosting free webinar on Advanced Drivability Diagnostics
Toronto, Ontario — The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians today at 4:00 p.m. EST. Entitled “Advanced Drivability Diagnostics,” this free webinar will be hosted by Jim Wilson with Standard Motor Products, and will show participants “how to ramp up their skill set for diagnosing misfires, […]
Tuesday Ticker: Rivian hits new low; Stellantis vows to never buy regulatory emissions credits
Toronto, Ontario — In this weekly Tuesday Ticker, Rivian disappoints analysts and investors with Q4 and full-year 2023 results, while Stellantis execs discuss the OEM’s vow to never buy a single regulatory credit to meet emissions regulation goals. Rough waters for Rivian Shares of Rivian reached new lows last Thursday after the EV maker reported […]
Document Demands: Canadian automakers required to submit anti-theft strategy documents by February 28
Ottawa, Ontario — Last week, the Standing Committee on Finance approved a motion by MP Brian Masse (NDP — Windsor West) requiring auto companies with a Canadian footprint to produce their anti-theft strategy documents by February 28. This requirement comes as a move against rising rates of vehicle theft in the country. Masse’s motion requests […]
