COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus, Indiana. The office tower at the Cummins Technical Center (CTC) on McKinley Avenue had been under renovation since 2021. After having been mainly untouched, except for minor cosmetic improvements and flood restoration, since its original… Continue reading Cummins Celebrates Reopening Its Worldwide Technical Center Hub Office Tower in Columbus, Indiana
Author: BusinessWire Online News
Cummins Reports Strong Third Quarter 2024 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2024. “We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range,”… Continue reading Cummins Reports Strong Third Quarter 2024 Results
IONCOR awarded the Internal Logistics Company of 2024
The megatrend of electrification is reflected in a strong increase in demand for battery systems. Consequently, IONCOR has rapidly expanded and is today one of Europe’s leading independent manufacturers of battery systems for automotive and off-highway markets. The company offers services that cover the entire battery value chain from product development to testing and manufacturing.… Continue reading IONCOR awarded the Internal Logistics Company of 2024
Toyoda Gosei Increases Rubber Recycling Capacity Towards Decarbonized, Recycling Society
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) is doubling its rubber recycling capacity at the Morimachi Plant in central Japan to accelerate the recycling of rubber used in automobiles. While progress is being made in the recycling of resources such as steel and plastic in the automobile industry, the recycling of rubber products is difficult… Continue reading Toyoda Gosei Increases Rubber Recycling Capacity Towards Decarbonized, Recycling Society
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December 5, 2024, to shareholders of record on November 22, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend
Toyoda Gosei Starts Operations at Airbag Plant in Northern India
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has expanded the Neemrana Plant of its subsidiary Toyoda Gosei Uno Minda India Pvt. Ltd.* to meet the growing demand for airbags with stricter safety regulations in India. Production at the new building began in September 2024. In India, vehicles have been increasingly equipped with airbags for frontal… Continue reading Toyoda Gosei Starts Operations at Airbag Plant in Northern India
Toyoda Gosei Invests in TriOrb Inc., a Startup Developing Mobile Robots With Omnidirectional Movement Capability
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in TriOrb Inc., a startup that was established out of Kyushu Institute of Technology and has been certified as an AISol startup2. TriOrb is developing mobile robots with spheres instead of regular tires to enable smooth omnidirectional movement and software for autonomous mobility to improve productivity… Continue reading Toyoda Gosei Invests in TriOrb Inc., a Startup Developing Mobile Robots With Omnidirectional Movement Capability
Toyoda Gosei to Open New Plant in South India for Safety Systems and Interior & Exterior Products
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will open a new plant in Harohalli in the state of Karnataka, India to meet the growing automobile production in that country. The new plant is a branch plant of Toyoda Gosei South India Pvt. Ltd.1, and scheduled to begin production of safety systems (airbags, steering wheels and… Continue reading Toyoda Gosei to Open New Plant in South India for Safety Systems and Interior & Exterior Products
Toyoda Gosei Develops System to Experience Vehicle Interior Sounds with Sealing Parts for Quieter Cabin Space
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed a new system that enables automotive developers to experience changes in vehicle interior sounds with different combinations of the sealing parts (weatherstrips) installed on those vehicles. This contributes to the creation of more comfortable moving spaces through improved quietness in cabin. The electric vehicles and fuel… Continue reading Toyoda Gosei Develops System to Experience Vehicle Interior Sounds with Sealing Parts for Quieter Cabin Space
The new name of Valmet Automotive’s battery business is IONCOR
The company IONCOR will continue the operations of Valmet Automotive’s EVS business line, which last year had gross sales of more than EUR 1.2 billion and a turnover of more than EUR 200 million. IONCOR employs 1,400 people at seven sites in Finland (Salo, Turku, Uusikaupunki) and Germany (Bad Friedrichshall, Kirchardt, Munich, Weihenbronn). IONCOR aims… Continue reading The new name of Valmet Automotive’s battery business is IONCOR