Valmet Automotive starts today (Tuesday, March 9) a recruitment campaign for 1,000 production and salaried employees in Finland. New personnel will be recruited for the Uusikaupunki and Salo sites, and both for vehicle manufacturing and EV Systems business lines. The recruitment is driven by strong and rapid growth in demand for vehicles and battery systems. The… Continue reading Valmet Automotive starts recruitment of 1,000 more employees in Finland
Author: BusinessWire Online News
Velodyne Lidar Announces Executive Appointments to Advance Company’s Continued Global Lidar Market Leadership
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar, Inc. announced it has appointed Sinclair Vass as Chief Commercial Officer and promoted Mike Jellen to Chief Strategy Officer. Go to Source
Cummins Introduces New Heavy-Duty Powertrain for Natural Gas Customers
COLUMBUS, Ind.–(BUSINESS WIRE)–Global power leader Cummins Inc. (NYSE: CMI) and Cummins Westport Inc. announced today that the ISX12N+Endurant HD N powertrain from its Integrated power portfolio is now available for heavy-duty customers, delivering a fully integrated natural gas powertrain. The combination of the ISX12N near zero natural gas engine and the Endurant HD N 12-speed… Continue reading Cummins Introduces New Heavy-Duty Powertrain for Natural Gas Customers
Velodyne Lidar Announces Free Virtual Summit, Disruptive Women Powering Our Autonomous Future
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced the Disruptive Women Powering Our Autonomous Future Summit. Go to Source
Quanergy and Shanghai Rays Accelerate Shandong Port Group’s Terminal Automation with 3D LiDAR Technology
SUNNYVALE, Calif.–(BUSINESS WIRE)– #LiDAR–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced the installation of its M-Series 3D LiDAR solution for one of the largest port operators in the world, Shandong Port Group Co, Ltd. in China. Deployed in partnership with Shanghai Rays Information Technology… Continue reading Quanergy and Shanghai Rays Accelerate Shandong Port Group’s Terminal Automation with 3D LiDAR Technology
Cummins Names Lamb-Hale Vice President and General Counsel
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a… Continue reading Cummins Names Lamb-Hale Vice President and General Counsel
AEye and CF Finance Acquisition Corp. III Announce Continental AG’s Participation in $225 Million Pipe Offering
DUBLIN, Calif. & NEW YORK–(BUSINESS WIRE)– #PIPE–AEye and CF III announce that Continental AG is participating in the PIPE offering connected with the company’s merger agreement. Go to Source
Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines
STUTTGART, Germany & COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part… Continue reading Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines
Cummins Makes Several Key Leadership Appointments
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company’s approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong… Continue reading Cummins Makes Several Key Leadership Appointments
Allison Transmission Increases Quarterly Dividend by 12 Percent and Announces Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has approved an increase in the Company’s quarterly dividend from $0.17 to $0.19 per share on the Company’s common stock. The Company’s board of directors also declared a cash dividend of $0.19 per share on the company’s common stock for the… Continue reading Allison Transmission Increases Quarterly Dividend by 12 Percent and Announces Annual Stockholders Meeting and Record Date