GRAMMER AG increases revenue and operating earnings in 2022 and expresses optimism for financial year 2023

GRAMMER Group revenue growth of 13.4% to EUR 2,158.8 million driven by positive currency translation effects, price increases and general market recovery All regions contribute to revenue growth: EMEA (+6.6%), AMERICAS (+29.9%), and APAC (+5.0%)  Operating EBIT up 55.7% at EUR 35.5 million  thanks to strong Q4, in line with the guidance for 2022 Free… Continue reading GRAMMER AG increases revenue and operating earnings in 2022 and expresses optimism for financial year 2023

Allison Transmission Selected to Equip AM General’s A2 Version of the Joint Light Tactical Vehicle

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles will provide the Allison 2500 Specialty Series™ (SP) transmission for AM General’s A2 version of the Joint Light Tactical Vehicle (JLTV). The JLTV is used by the U.S. Army, Navy, Marine Corps and… Continue reading Allison Transmission Selected to Equip AM General’s A2 Version of the Joint Light Tactical Vehicle

Toyoda Gosei to Enhance Production Capacity for Safety Systems in Brazil

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will enhance the production capacity at its Group company in Brazil, GDBR Industria e Comercio de Componentes Quimicos e de Borracha Ltda. (GDBR), in order to keep pace with the growing sales of airbags and other safety systems in South America. Toyoda Gosei will expand the GDBR plant… Continue reading Toyoda Gosei to Enhance Production Capacity for Safety Systems in Brazil

Cummins Opens Atlanta Satellite Office and Tech Hub

COLUMBUS, Ind.–(BUSINESS WIRE)–Global power and technology leader, Cummins Inc. (NYSE: CMI) unveiled its new office location, the Cummins Atlanta Hub (CAH), located in Atlanta, Georgia. The Hub will continue supporting the future success and growth of Cummins, initially serving as the home for the supply chain planning group and members of the information technology team,… Continue reading Cummins Opens Atlanta Satellite Office and Tech Hub

Valmet Automotive concludes change negotiations

Valmet Automotive has concluded the change negotiations started on January 16, 2023 concerning all personnel in its Vehicle Contract Manufacturing business line at the Uusikaupunki car plant. Based on the alternatives discussed in the change negotiations, Valmet Automotive will implement changes in job descriptions, lay-offs until further notice and dismissals. The total reduction need is… Continue reading Valmet Automotive concludes change negotiations

Seeing, sitting, feeling safety: Grammer exhibiting broad range of forklift seats at ProMat 2023

New safety feature: Haptic warning system in the seat surface    Added comfort and hygiene: Water-resistant seat covers  Expanded range of seats for OEM and aftermarket customers at ProMat   Grammer AG, March 20, 2023 – After a four-year hiatus due to the pandemic, new products will be the focus in Chicago at ProMat 2023,… Continue reading Seeing, sitting, feeling safety: Grammer exhibiting broad range of forklift seats at ProMat 2023

Varennes Carbon Recycling selects Accelera by Cummins to manufacture, supply 90MW electrolyzer system in Quebec

COLUMBUS, Ind. & VARENNES, Quebec–(BUSINESS WIRE)–Accelera™ by Cummins, a business segment of Cummins Inc. (NYSE: CMI), will supply a 90-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Varennes Carbon Recycling’s (VCR) plant in Quebec, Canada – a key step in advancing North America’s green hydrogen economy. VCR is a consortium between Shell, Suncor and… Continue reading Varennes Carbon Recycling selects Accelera by Cummins to manufacture, supply 90MW electrolyzer system in Quebec

Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011

COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced that Mary Chandler, Vice President – Corporate Responsibility and Community Relations and CEO of the Cummins Foundation, is retiring later this spring and Jim Schacht, currently a member of the Corporate Responsibility Leadership Team, will succeed Mary and be promoted to Vice President of Cummins. “Cummins has… Continue reading Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011

Unique product portfolio for construction machinery: Grammer seats and accessories at ConExpo 2023

Grammer showcasing important innovations for construction machinery in Las Vegas from March 14-18 Highlights: World’s first control pod carrier with ErgoPlus six-way adjustment and audio headrest Numerous aftermarket seats available for direct ordering at the trade show Grammer AG, March 14, 2023 – ConExpo in Las Vegas is the largest construction machinery show in Northern… Continue reading Unique product portfolio for construction machinery: Grammer seats and accessories at ConExpo 2023

Cummins launches Accelera by Cummins to advance the transition to a zero-emissions future

COLUMBUS, Ind.–(BUSINESS WIRE)–Global power and technology leader Cummins Inc. (NYSE: CMI) today announced the launch of Accelera by Cummins, a new brand for its New Power business unit. Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future. The… Continue reading Cummins launches Accelera by Cummins to advance the transition to a zero-emissions future