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Andrew McDougall Named 2024 Louis Schwitzer Award Winner

INDIANAPOLIS–(BUSINESS WIRE)–Today at the Indianapolis Motor Speedway (IMS), Cummins Inc. (NYSE: CMI) and Valvoline Global Operations celebrate Andrew McDougall – who was honored with the 2024 Louis Schwitzer Award for his Xtrac Electric Servo Actuator, which has been adopted by the NTT INDYCAR® SERIES. In addition to the award, Cummins, Valvoline Global, and the Indiana […]

Lumileds to Sell Its Lamps and Accessories Business to First Brands Group

Lumileds will focus on its LED and MicroLED innovation and leadership in the automotive, general illumination, display, and flash markets SAN JOSE, Calif.–(BUSINESS WIRE)–Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets and First Brands Group, LLC (“First Brands”), a global automotive parts […]

Mecum Financial Services Celebrates Five Years and $150 Million Financed

Mecum’s Indy 2024 Auction Marks Fifth Anniversary for MFS and 3,368 Vehicle Loans to Date WALWORTH, Wis.–(BUSINESS WIRE)–Mecum Financial Services (MFS) celebrated its fifth successful year of providing competitive loans to Mecum customers at Dana Mecum’s 37th Original Spring Classic. Held this May 10-18 at the Indiana State Fairgrounds, the Indy 2024 auction featured the […]

Surf Air Mobility and Purdue University Officially Begin Privately-Backed Commuter Air Service from West Lafayette / Purdue University Airport (LAF)

LOS ANGELES–(BUSINESS WIRE)–Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), a leading regional air mobility platform, officially began scheduled commuter service on Wednesday, May 15, 2024 with a flight between West Lafayette / Purdue University Airport (LAF) and Chicago O’Hare Airport (ORD). The flights are now open to the general public and can be booked […]

Torus Celebrates Grand Opening of Manufacturing Facility With Advanced Technology Demonstrations and Community Engagement

SOUTH SALT LAKE, Utah–(BUSINESS WIRE)–Torus, a leader in sustainable energy storage solutions, celebrated the grand opening of its new 44,000 square foot headquarters and manufacturing facility at 855 West 2400 South. The event took place Thursday, May 16 and showcased Torus’ latest innovations in energy storage and management technology. Attendees experienced the state-of-the-art manufacturing facility, […]

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