INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), 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 its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.21 to… Continue reading Allison Transmission Announces a 10 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date
Author: BusinessWire Online News
Valmet Automotive started series production at the Kirchardt battery plant
Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company’s first battery plant in Germany. The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. The current first program for the Kirchardt plant is a small-series production of modules, packs and the battery management system (BMS) for… Continue reading Valmet Automotive started series production at the Kirchardt battery plant
The 15 White Coats Partners with Black Worldschoolers Mobile Bookstore, Powered by Cummins, to Bring African-American Literature to Martindale-Brightwood Schools
COLUMBUS, Ind.–(BUSINESS WIRE)–The RESILIENT READERS BOOK CLUB is a school age book gifting initiative, created by the nationally renowned The 15 White Coats and Black Worldschoolers Mobile Bookstore to provide access to high quality Black literature through book boxes placed inside of youth centered organizations. The Indianapolis launch is made possible by global power leader… Continue reading The 15 White Coats Partners with Black Worldschoolers Mobile Bookstore, Powered by Cummins, to Bring African-American Literature to Martindale-Brightwood Schools
Cummins adds new 175kW and 200kW natural gas generator sets to North America lineup
FRIDLEY, Minn.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announces the addition of 175kW and 200kW natural gas standby generator sets now ready to order for North American customers. These two new generator sets are a part of Cummins continual investment in new and sustainable technologies as part of Destination Zero, the company’s strategy to reach zero… Continue reading Cummins adds new 175kW and 200kW natural gas generator sets to North America lineup
Cummins Announces Filing of IPO Registration Statement for Filtration Business
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) for a proposed underwritten initial public offering (IPO) of newly issued common stock. Atmus Filtration Technologies intends to apply to have its common… Continue reading Cummins Announces Filing of IPO Registration Statement for Filtration Business
Cummins promotes three leaders to vice president
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that three leaders were named vice presidents, effective March 1 – Jane Beaman, Andreas Lippert and José Samperio. These appointments showcase the company’s robust succession plans and approach to leadership advancement for continued company development and success. “These three leaders have roles critical to advancing our strategy,… Continue reading Cummins promotes three leaders to vice president
Cummins announces new 540 horsepower L9 for defence applications
DAVENTRY, England–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announces its ISL9 diesel engine is now available up to 540 horsepower for military ground vehicles. The ISL9 is already proven in a wide variety of equipment; commercial on and off-highway and military vehicles like armoured personnel carriers, infantry fighting vehicles and logistical trucks. “Cummins invests heavily in… Continue reading Cummins announces new 540 horsepower L9 for defence applications
Allison Transmission Represented in Three of Every Four Trucks Showcased at World of Concrete
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission was well represented at the World of Concrete, a premier tradeshow for the construction and masonry industries, which took place January 17-19 in Las Vegas, Nevada. Three out of every four trucks exhibited at the show were equipped with Allison fully automatic transmissions. “Allison’s commanding presence at World of Concrete is representative… Continue reading Allison Transmission Represented in Three of Every Four Trucks Showcased at World of Concrete
Allison Transmission Announces Fourth Quarter and Full Year 2022 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 11 percent increase in fourth quarter net sales from the same period in 2021, leading to record full year net sales and diluted EPS, driven by the realization of growth initiatives and further improvement in operating performance. David S. Graziosi, Chairman and Chief Executive Officer… Continue reading Allison Transmission Announces Fourth Quarter and Full Year 2022 Results
Toyoda Gosei’s Compact Wireless Power Supply Holder for Smart phones Used on New Prius
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed a compact wireless smart phone charging holder for automobiles. Smart phones can be charged by simply placing them in the holder. This wireless charging holder is used on the new Toyota Prius. The holder’s support mechanism guides the smart phone to the optimum position for charging,… Continue reading Toyoda Gosei’s Compact Wireless Power Supply Holder for Smart phones Used on New Prius