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
Author: BusinessWire Online News
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
Toyoda Gosei’s LED Driver Alert Lighting System Used on New Prius
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed an LED driver alert lighting system that adds an alert function to decorative lighting. This system is used on the new Toyota Prius. Toyoda Gosei has been developing high value-added products that combine electronic components with its core rubber and plastic technology. Adding functions for communication… Continue reading Toyoda Gosei’s LED Driver Alert Lighting System Used on New Prius
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 1.57 dollars per share, payable on March 9, 2023, to shareholders of record on February 24, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design,… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend
GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023
Preliminary figures show consolidated revenue of around EUR 2.2 billion and operating EBIT between around EUR 35 million and EUR 36 million EBIT impacted by impairment losses on property, plant and equipment and intangible assets of around EUR 74 million Outlook for 2023: Stable revenue development with doubling of operating EBIT expected Ursensollen, February… Continue reading GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023
GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023 Ursensollen, February 13, 2023 – GRAMMER AG today recognized impairment losses on goodwill, property, plant and… Continue reading GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023