SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, today announced upgrades to its QORTEX DTC™ and Q-View software solutions, which underpin the company’s Flow Management portfolio, including its MQ-8 series of LiDAR sensors. The marquee features in these new releases include significantly improved accuracy and drastic reduction… Continue reading Quanergy Announces Industry-first 3D LiDAR Movement-Based False Alarm Reduction Solution
Author: BusinessWire Online News
U.S. Army Selects BAE Systems’ Beowulf Vehicle with Allison Automatic for Its Newest Cold Weather All-Terrain Vehicle
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, will provide the transmission for the U.S. Army’s new Cold Weather All-Terrain Vehicle (CATV) program. The Allison-equipped Beowulf vehicle, from BAE Systems, will provide soldiers with capable, reliable mobility and increase their survivability in the harshest… Continue reading U.S. Army Selects BAE Systems’ Beowulf Vehicle with Allison Automatic for Its Newest Cold Weather All-Terrain Vehicle
Valmet Automotive appoints Petra Teräsaho as the new CFO
Petra Teräsaho (M.Sc. Econ.) has been appointed Valmet Automotive’s new Chief Financial Officer (CFO) and member of the Group Management Team as of March, 2023 at the latest. She will report to the CEO. She will join Valmet Automotive from Enfo Group, where she has been serving as the CFO. Prior to that, she has… Continue reading Valmet Automotive appoints Petra Teräsaho as the new CFO
GRAMMER AG reports revenue growth and positive earnings in first nine months of 2022
GRAMMER Group revenue growth of 13.4% to EUR 1,593.2 million driven by positive currency translation effects and general market recovery All regions contribute to revenue growth: EMEA (+6.2%), AMERICAS (+30.6%), and APAC (+5.0%) Turnaround in APAC revenue in the third quarter after COVID-19 lockdowns in the first half of the year Both divisions report double-digit… Continue reading GRAMMER AG reports revenue growth and positive earnings in first nine months of 2022
Allison Transmission to Present at Baird’s 2022 Global Industrial Conference
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, today announced that Senior Vice President, Chief Financial Officer and Treasurer Frederick Bohley will present at Robert W. Baird… Continue reading Allison Transmission to Present at Baird’s 2022 Global Industrial Conference
Allison Transmission Announces Third Quarter 2022 Results
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, today reported net sales for the third quarter of $710 million, a 25 percent increase from the same period… Continue reading Allison Transmission Announces Third Quarter 2022 Results
Allison Poised for Growth in South American Agriculture Sector with Record Sales in Argentina and Recent Entry to Brazil
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, has secured 80% market share of agriculture sprayer transmissions in Argentina since entering the market in 2015. Allison has now also successfully entered this sector in Brazil, which has traditionally relied on hydrostatic and manual transmissions, with… Continue reading Allison Poised for Growth in South American Agriculture Sector with Record Sales in Argentina and Recent Entry to Brazil
Cummins Inc. Names Marvin Boakye Chief Human Resources Officer
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced that Marvin Boakye will join Cummins as Chief Human Resources Officer, (CHRO) effective November 7, 2022. Boakye most recently served as the Chief People & Diversity Officer at Papa John’s International. “Marvin is recognized as a strategic partner, skilled at aligning innovative talent approaches with furthering business… Continue reading Cummins Inc. Names Marvin Boakye Chief Human Resources Officer
Grammer seats and accessories at bauma 2022: Maximum safety and enhanced comfort for construction machinery
Grammer is showcasing its range of seats at bauma, the world’s largest construction machinery trade fair, in Munich, Germany, from October 24 to 30 at Stand 349 (Hall 6) ErgoPlus from Grammer: the world’s first six-way adjustable control pod carrier for top operating ergonomics Always the perfect solution: Flexible seat combinations with upgrades for enhanced… Continue reading Grammer seats and accessories at bauma 2022: Maximum safety and enhanced comfort for construction machinery
Allison Transmission Named Exclusive Provider for New XCMG All-Terrain Crane
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that it has been named the exclusive provider of transmissions for Xuzhou Construction Machinery Group’s (XCMG) newest all-terrain cranes, leading to additional growth for Allison Transmission outside North America. XCMG, one of the… Continue reading Allison Transmission Named Exclusive Provider for New XCMG All-Terrain Crane