KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will enhance its production capacity for interior and exterior products at three production subsidiaries in the USA to keep up with growing sales of large products such as radiator grilles in North America. The company will invest a total of USD60.3 million in three companies, Toyoda Gosei Texas… Continue reading Toyoda Gosei to Enhance Production Capacity for Interiors/Exteriors in US
Author: BusinessWire Online News
Toyoda Gosei to Increase Airbag Part Production Capacity in Vietnam
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will increase the production capacity at Toyoda Gosei Haiphong Co., Ltd. (TGHP), a production subsidiary making airbag parts in Vietnam, to meet the growing demand for airbags globally. A new building will be constructed at the company’s Thai Binh Plant and annual production capacity of the bags that… Continue reading Toyoda Gosei to Increase Airbag Part Production Capacity in Vietnam
Grammer asserting itself in a difficult market environment
-Anstieg des Konzernumsatzes in den ersten neun Monaten um 14 Prozent auf 1,5 Milliarden Euro-Operatives EBIT mit 59,2 Millionen Euro leicht über Vorjahr-Allgemeine Marktentwicklung und operative Sonderthemen im dritten Quartal belasten die Profitabilität-Initiierung eines Effizienzsicherungsprogramms zur Optimierung der operativen Prozesse und Kostenstrukturen Amberg, 12. November 2019 – Die großen Herausforderungen der Automobilbranche haben das dritte… Continue reading Grammer asserting itself in a difficult market environment
Cummins Announces Third Quarter Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2019. Third quarter revenues of $5.8 billion decreased 3 percent from the same quarter in 2018. Lower demand for trucks and construction equipment drove the majority of the decline. Sales in North America were flat while international revenues decreased 8 percent.… Continue reading Cummins Announces Third Quarter Results
Cummins Unveils New Battery Powered Tactical Unit for U.S. Military
SHOREVIEW, Minn.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) debuted the Tactical Energy Storage Unit during the 2019 Association of the United States Army (AUSA) show at the Washington Convention Center, October 14 – 16. The new Tactical Energy Storage Unit is the first battery hybrid power generation system for military use, further enhancing the performance and reliability… Continue reading Cummins Unveils New Battery Powered Tactical Unit for U.S. Military
Hyundai Motor Company and Cummins to Collaborate on Hydrogen Fuel Cell Technology
COLUMBUS, Ind. & SEOUL, Korea–(BUSINESS WIRE)–Hyundai Motor Company and Cummins Inc. (NYSE: CMI), announced today that the two global powertrain leaders have entered into a memorandum of understanding (MOU) to jointly evaluate opportunities to develop and commercialize electric and fuel cell powertrains. These new powertrains are expected to be developed by combining Hyundai’s fuel cell… Continue reading Hyundai Motor Company and Cummins to Collaborate on Hydrogen Fuel Cell Technology
Cummins Pilots New Experiment for On-Demand Multimode Transportation at Purdue University
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced a four-month pilot project in Indiana to evaluate an on-demand transit solution, in partnership with Purdue University and Energy Systems Network (ESN). The pilot begins September 30. The collaborative experiment, called Leaper X, includes a web-based mobile application powered by Cummins, and a small trial fleet of… Continue reading Cummins Pilots New Experiment for On-Demand Multimode Transportation at Purdue University
Allison Transmission Acquires Walker Die Casting
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today that it has acquired the assets and certain liabilities of Walker Die Casting located in Lewisburg, Tennessee and C&R Tool and Engineering located in Muscle Shoals, Alabama. “We are delighted to announce the acquisitions of… Continue reading Allison Transmission Acquires Walker Die Casting
Toyoda Gosei Invests in AI Startup TRYETING Inc.
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) has invested in TRYETING Inc. (Nagoya, Japan) for the rapid development of materials using artificial intelligence (AI)1. TRYETING is a startup out of Nagoya University and provides an AI platform that integrates various types of software. One of the strengths of the company is materials informatics, a… Continue reading Toyoda Gosei Invests in AI Startup TRYETING Inc.
Optimus Ride Selects Velodyne Lidar’s Trailblazing Sensors to Power its Self-Driving Vehicles
SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. today announced that Optimus Ride will use Velodyne’s groundbreaking lidar sensors in its entire fleet of self-driving vehicles. The sensors provide rich computer perception data that enables real-time object and free space detection for safe navigation and reliable operation. Optimus Ride, a leading self-driving vehicle technology company on a… Continue reading Optimus Ride Selects Velodyne Lidar’s Trailblazing Sensors to Power its Self-Driving Vehicles