COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company’s quarterly common stock cash dividend of approximately 7 percent to 1.68 dollars per share from 1.57 dollars per share. The dividend is payable on September 7, 2023, to shareholders of record on August 25, 2023. Cummins has… Continue reading Cummins Inc. Increases Quarterly Common Stock Dividend
Author: BusinessWire Online News
Valmet Automotive opens first battery plant in Germany – an important step towards ambitious growth targets
After a two-year conversion period, battery systems for electromobility have been produced on the site since February 2023. The ramp-up of the plant started with a small series production of modules, packs and the battery management system (BMS) for the Plug-in-Hybrid (PHEV) variant of an exclusive sports car brand. With the installation of the production… Continue reading Valmet Automotive opens first battery plant in Germany – an important step towards ambitious growth targets
Cummins Assumes Full Ownership of Key Fuel Cell and Electrolyzer Technologies
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has announced the buyout of Air Liquide’s 19% interest in Hydrogenics Corporation. Cummins acquired Hydrogenics in 2019, adding key fuel cell and electrolyzer technologies to its portfolio. Cummins’ buyout reinforces its commitment to these technologies and the increasing importance they will play in creating value for all stakeholders and… Continue reading Cummins Assumes Full Ownership of Key Fuel Cell and Electrolyzer Technologies
Allison Transmission and Biffa Honored With Best Fleet Management Award for Partnership to Reduce Fuel Consumption and Emissions
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission and Biffa, the UK’s leading sustainable waste management company, were recognized with the Best Fleet Management, Private Sector Award at the 2023 Fleet Vision International Awards in London. The annual awards shine a light on excellence in the fleet and logistics industry and honor organizations that have achieved the most notable results… Continue reading Allison Transmission and Biffa Honored With Best Fleet Management Award for Partnership to Reduce Fuel Consumption and Emissions
Toyoda Gosei Develops Horizontal GaN Power Device of World-Class High-Voltage, High-Speed Operation
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) and Powdec K.K. have jointly developed1 a high-performance horizontal GaN power device that will lead to improved performance in the power converters used in solar power generation and other equipment. Power devices are widely used in power control for industrial machinery, automobiles, home appliances and more. Today, as… Continue reading Toyoda Gosei Develops Horizontal GaN Power Device of World-Class High-Voltage, High-Speed Operation
Cummins Brand of RV Generators are Ready for CARB SORE 2024 Emission Change
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced a new line of Onan RV and Commercial Mobile generators compliant with California Air Resource Board (CARB) Small Off-Road Engines (SORE) 2024 standards. The current spark-ignited product portfolio will be certified to the new regulations. The Onan Quiet Gas portfolio has undergone some mechanical changes and engine… Continue reading Cummins Brand of RV Generators are Ready for CARB SORE 2024 Emission Change
Allison Transmission Releases 2022 Environmental, Social and Governance Report
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission has released its 2022 Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance, social impacts and how these practices are governed. “Allison and its peers are navigating an evolving commercial vehicle industry in preparation for upcoming changes to emissions standards and increased adoption of electric… Continue reading Allison Transmission Releases 2022 Environmental, Social and Governance Report
Malaysia’s Largest Waste Management Provider Selects Allison 3000 SeriesTM to Improve Efficiency of Refuse Vehicles
KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that it has been selected by Southern Waste Management Environment Sdn Bhd (SWM), the largest waste management provider in… Continue reading Malaysia’s Largest Waste Management Provider Selects Allison 3000 SeriesTM to Improve Efficiency of Refuse Vehicles
Toyoda Gosei Invests in Friend Microbe Inc., a Startup Specializing in Wastewater Treatment Technology
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested* in Friend Microbe Inc., a startup out of Nagoya University that is growing a wastewater treatment business that uses microorganisms to reduce the waste produced in manufacturing processes. The wastewater treatment system developed by Friend Microbe breaks down the animal and vegetable oils used in the… Continue reading Toyoda Gosei Invests in Friend Microbe Inc., a Startup Specializing in Wastewater Treatment Technology
Digitization project coordinated by Grammer: AdaProQ results point beyond project boundaries
35 representatives of the project partners exchange ideas at the coordinator Grammer at halftime Adaptive process chains are more effective and optimize quality assurance Component identification and AI training as possible digitization standards for Germany as a business location Grammer AG, May 30, 2023 – The project acronym AdaProQ stands for Adaptive Process Chains for… Continue reading Digitization project coordinated by Grammer: AdaProQ results point beyond project boundaries