Pininfarina celebrates 95th anniversary with a new logo

Pininfarina has officially launched celebrations for its 95th anniversary, marking a journey through 2025 that will highlight the legacy of this iconic name in the history of design. To commemorate the occasion, a new logo has been created, which will accompany all corporate communications and events. “The upcoming year is not just any year,” commented Vice-Chairman and CEO Silvio… Continue reading Pininfarina celebrates 95th anniversary with a new logo

3M and US Conec Collaborate on Expanded Beam Optical Interconnect Technology for Data Centers

Licensing agreement combines advanced optical innovations from 3M with US Conec’s expertise in high-density connectivity solutions for next-generation networks ST. PAUL, Minn., Dec. 19, 2024 /PRNewswire/ — 3M and US Conec Ltd. today announced a strategic licensing agreement for 3M™ Expanded Beam Optical Interconnect technology, a solution to meet the performance and scalability needs of next-generation data centers… Continue reading 3M and US Conec Collaborate on Expanded Beam Optical Interconnect Technology for Data Centers

@BMW: Personnel changes in BMW Group Corporate Communications003872

Munich. Corporate Communications and Governmental Affairs at BMW AG is restructuring its management team at department level with effect from 1 January 2025. Here are the changes in detail: Benjamin Titz will take over as Head of Communications Central and Southeastern Europe. He will also be responsible for communications for the Debrecen and Steyr production… Continue reading @BMW: Personnel changes in BMW Group Corporate Communications003872

Magna price target lowered to $44 from $46 at Wells Fargo

https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-44-from-46-at-wells-fargo Wells Fargo lowered the firm’s price target on Magna (MGA) to $44 from $46 and keeps an Equal Weight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024,… Continue reading Magna price target lowered to $44 from $46 at Wells Fargo

Cornell Watch Company Partners With Hour Precision To Bring End-To-End Watch Production To The United States

The duo will release their first wristwatch in 2025, with American-made case, dial, hands, and strap, as well as a Swiss movement assembled in the United States. CHICAGO, Dec. 16, 2024 /PRNewswire/ — The Cornell Watch Company is proud to announce a partnership with Hour Precision, one of America’s premier micro-machining and horological assembly workshops. Together,… Continue reading Cornell Watch Company Partners With Hour Precision To Bring End-To-End Watch Production To The United States

Automotive Seats Market to Reach $53.4 Billion by 2031 – Exclusive Report by Meticulous Research®

REDDING, Calif., Dec. 11, 2024 /PRNewswire/ — According to a new market research report titled, ‘Automotive Seats Market Size, Share, Forecast, & Trends Analysis by Vehicle Type (Passenger Cars, LCV, HCV), Seat Type, Seat Technology (Manual Seats, Powered Seats, Smart Seats), Material, Distribution Channel (OEMs and Aftermarket), Geography – Global Forecast to 2031. The automotive seats market… Continue reading Automotive Seats Market to Reach $53.4 Billion by 2031 – Exclusive Report by Meticulous Research®

Can ON’s JFET Acquisition Change the Stock’s Fate or is it a Risky Bet?

On Semiconductor ON recently announced its agreement to acquire the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo QRVO for $115 million in cash.  The acquisition from Qorvo enhances ON’s EliteSiC power portfolio, enabling the company to meet the growing demand for high energy efficiency and… Continue reading Can ON’s JFET Acquisition Change the Stock’s Fate or is it a Risky Bet?

@BMW: BMW Group diesel from the factory with HVO 100 — CO2 savings straight off the production line003861

Munich. Openness to technology is paramount for the BMW Group. In addition to the wide range of powertrain technologies, the goal is to reduce CO2 emissions in all areas.The BMW Group is convinced that all available technologies are needed to reduce CO2 throughout the entire chain of effects. For example, there is potential for reducing… Continue reading @BMW: BMW Group diesel from the factory with HVO 100 — CO2 savings straight off the production line003861

HANZA acquires Leden – a billion SEK Finnish manufacturer

KISTA, Sweden, Dec. 12, 2024 /PRNewswire/ — HANZA AB has today signed an agreement to acquire Leden Group, a leading Finnish company in advanced mechanics manufacturing with a turnover of approximately SEK 1,1 billion. The acqusition strengthens HANZA’s manufacturing cluster and is an important step in the HANZA 2025 strategy. Leden Group is a contract manufacturer… Continue reading HANZA acquires Leden – a billion SEK Finnish manufacturer