KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282), as one part of its efforts to develop new businesses that will help to resolve societal challenges in the healthcare field, has invested* in Yuurea, Inc., a company that develops test kits which will allow people to monitor their physical condition simply, using urine samples. Yuurea aims to… Continue reading Toyoda Gosei Invests in Yuurea, Inc., a Startup Developing Urine Test Kits for Easy Checks of Physical Condition
Author: BusinessWire Online News
Allison Transmission and Yutong Expand Presence in Rwanda
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda. Over the past decade, the companies have collaborated to export transit buses equipped with Allison fully automatic transmissions to the African nation. Recently, Kigali, Rwanda’s capital city, once again upgraded its fleet with city… Continue reading Allison Transmission and Yutong Expand Presence in Rwanda
New Orleans RTA Selects Allison eGen Flex®-Equipped New Flyer Electric Hybrid Buses
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, in partnership with New Flyer, a leading bus manufacturer in North America, is proud to announce the selection of Allison-equipped electric hybrid buses by the New Orleans Regional Transit Authority (RTA). The New Flyer buses equipped with the Allison eGen Flex® electric hybrid propulsion system will provide a more sustainable transportation solution… Continue reading New Orleans RTA Selects Allison eGen Flex®-Equipped New Flyer Electric Hybrid Buses
KS Pulverizadores Unveils First Brazilian Agriculture Sprayer Equipped with Allison Fully Automatic Transmission
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the first Allison-equipped agriculture sprayer built in Brazil was recently showcased by KS Pulverizadores, a leading Brazilian agriculture equipment manufacturer, at Show Rural Coopavel, an agriculture industry tradeshow in Cascavel, Brazil. Allison’s successful entry into the Brazilian ag sprayer market, where most sprayers have been traditionally equipped… Continue reading KS Pulverizadores Unveils First Brazilian Agriculture Sprayer Equipped with Allison Fully Automatic Transmission
Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins. The exchange offer expired at 12:00 midnight, New York City time, at… Continue reading Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.
Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million… Continue reading Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt
Valmet Automotive raised battery production to a new record in 2023
Valmet Automotive produced a total of 800,000 battery systems in 2023, marking the new production record for the company. In total, the company has already produced more than 2 million battery systems since entering the battery business in 2018, and with the record volume, the EVS business line’s gross sales exceeded EUR 1 billion for… Continue reading Valmet Automotive raised battery production to a new record in 2023
Cummins Announces Preliminary Results of Atmus Filtration Technologies Inc. Exchange Offer
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that, based on preliminary results, its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins was oversubscribed. The exchange offer expired at 12:00 midnight, New York… Continue reading Cummins Announces Preliminary Results of Atmus Filtration Technologies Inc. Exchange Offer
Toyoda Gosei Rated at Top Level in CDP Supplier Engagement Rating for Fifth Consecutive Year
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has been named to the CDP1 Supplier Engagement Leaderboard for the fifth consecutive year. CDP is an international not-for-profit environmental organization that conducts an annual Supplier Engagement Rating on climate issues, with the top-rated companies named to the Leaderboard. This CDP rating assesses how effectively companies collaborate with… Continue reading Toyoda Gosei Rated at Top Level in CDP Supplier Engagement Rating for Fifth Consecutive Year
Accelera fuel cells power locomotive in Austrian project HY2RAIL
COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), has reached a significant milestone by successfully commissioning its first fuel-cell-powered locomotive for freight rail applications. Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM)… Continue reading Accelera fuel cells power locomotive in Austrian project HY2RAIL