Operating revenues of $5.427 billion increased 36 per cent from the second quarter of 2022 Operating income of $802 million, with an operating margin of 14.8 per cent, compared to an operating loss of $253 million in the second quarter of 2022 Adjusted EBITDA* of $1.220 billion, with adjusted EBITDA margin* of 22.5 per cent,… Continue reading Air Canada Reports Second Quarter 2023 Financial Results
Tag: People
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Swiss food manufacturer increases order-picking speed by 60% using two-level intelligent conveyor system
Fine-food company KNEUSS Güggeli cut costs, increased throughput, and saved space with the help of OEM and intralogistics specialist Stöcklin Logistik AG, deploying Rockwell Automation MagneMotion BRUSSELS, Aug. 10, 2023 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced Swiss poultry specialist KNEUSS Güggeli… Continue reading Swiss food manufacturer increases order-picking speed by 60% using two-level intelligent conveyor system
Chery Automotive Deploys 100+ ForwardX AMRs in Phase One of Its Super Factory
CHICAGO, Aug. 11, 2023 /PRNewswire/ — Chery Super Factory, a state-of-the-art global automobile manufacturing plant, has partnered with ForwardX Robotics, a leading provider of autonomous mobile robots (AMRs), to implement a groundbreaking smart automotive manufacturing solution. The collaboration aims to streamline operations, improve efficiency, and enhance automation in the assembly workshop of the factory. Chery is… Continue reading Chery Automotive Deploys 100+ ForwardX AMRs in Phase One of Its Super Factory
Chery Automotive déploie plus de 100 AMR ForwardX pour la première phase de sa super usine
CHICAGO, 11 août 2023 /PRNewswire/ — La super-usine Chery, une usine de fabrication automobile mondiale de pointe, s’est associée à ForwardX Robotics, un important fournisseur de robots mobiles autonomes (AMR), pour mettre en œuvre une solution révolutionnaire de fabrication automobile intelligente. Cette collaboration vise à rationaliser les opérations, à améliorer l’efficacité et à stimuler l’automatisation dans… Continue reading Chery Automotive déploie plus de 100 AMR ForwardX pour la première phase de sa super usine
Steelbird eyes Rs 105 crore investment in capex to produce 10 million helmets by the end of FY24
Asia’s largest helmet manufacturer Steelbird Helmets, basis the revival in the sales of two-wheelers has envisaged an investment of Rs 105 crore as part of its capacity expansion plans. The company which has already invested Rs 150 crore in its Baddi and Nodia facilities, aims to enhance its production target to 10 million helmets during… Continue reading Steelbird eyes Rs 105 crore investment in capex to produce 10 million helmets by the end of FY24
Steelbird eyes Rs 105 crore investment in capex to produce 10 million helmets by the end of FY24
Asia’s largest helmet manufacturer Steelbird Helmets, basis the revival in the sales of two-wheelers has envisaged an investment of Rs 105 crore as part of its capacity expansion plans. The company which has already invested Rs 150 crore in its Baddi and Nodia facilities, aims to enhance its production target to 10 million helmets during… Continue reading Steelbird eyes Rs 105 crore investment in capex to produce 10 million helmets by the end of FY24
Ceat aims for Lighthouse Certification for Chennai plant
Ceat, the flagship company of the Mumbai-headquartered Indian industrial enterprise RPG Group, is accelerating its push to deploy Industry 4.0 technologies at six of its tyre manufacturing plants in India. The tyre maker which dominates the electric-two-wheeler tyre segment with a 40 percent market share, is eying the World Economic Forum’s Lighthouse Certification this month… Continue reading Ceat aims for Lighthouse Certification for Chennai plant
Ceat aims for Lighthouse Certification for Chennai plant
Ceat, the flagship company of the Mumbai-headquartered Indian industrial enterprise RPG Group, is accelerating its push to deploy Industry 4.0 technologies at six of its tyre manufacturing plants in India. The tyre maker which dominates the electric-two-wheeler tyre segment with a 40 percent market share, is eying the World Economic Forum’s Lighthouse Certification this month… Continue reading Ceat aims for Lighthouse Certification for Chennai plant
‘We are planning to be the fifth largest tyre player by the end of 2025’: Harinder Singh
Most of India’s passenger car OEMs are expected to post strong performance results and going by the double-digit boom registered by some players. Naturally, it’s encouraging news for tyre makers, especially those who are watching the developing market trends. At the current rate, the country’s tyre industry has strong potential to more than double its… Continue reading ‘We are planning to be the fifth largest tyre player by the end of 2025’: Harinder Singh