BERWYN, Pa., March 9, 2023 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced the appointment of Daniel J. Ketchum as Vice President and General Manager, MRO Division, effective April 1, 2023. Mr. Ketchum currently serves as Division Vice President and Business Unit Manager for the FMH-PDT business within AMETEK’s Aerospace and Defense Division. “I am pleased… Continue reading AMETEK Appoints Daniel J. Ketchum Vice President and General Manager, Maintenance, Repair, Overhaul (MRO) Division
Tag: Strategy
Shell’s 2022 emissions dip about 10% on lower fuel sales
The decrease in Shell’s NCI in 2022 was primarily due to an increased proportion of renewable power and corresponding reduction in the carbon intensity of power sales. Shell‘s emissions dipped about 10 per cent in 2022 to 1.232 billion tonnes of CO2 equivalent as its fuel sales, including gasoline and diesel, fell around 5 per… Continue reading Shell’s 2022 emissions dip about 10% on lower fuel sales
Stellantis agrees to build first plant in South Africa
Stellantis, the world’s third largest auto manufacturer by sales. Stellantis said on Wednesday it had reached a preliminary agreement with South African authorities to build a production site, its first in the country, by the end of 2025. Under the deal, the new plant will be set up in one of South Africa’s special economic… Continue reading Stellantis agrees to build first plant in South Africa
Yokohama Off-Highway Tires appoints Mihir Modi as CFO
Yokohama Off-Highway Tires (YOHT) has announced the appointment of Mihir Modi as the Chief Financial Officer (CFO) and Amit Chincholikar as the Chief Human Resources Officer (CHRO). Mihir and Amit will be members of the Global Executive Committee and report to Nitin Mantri, Head of the Off-Highway Tires (OHT) division of Yokohama Rubber Company. YOHT… Continue reading Yokohama Off-Highway Tires appoints Mihir Modi as CFO
Envisics Raises Over $50M in Series C Funding; Reaches $500M Post-Money Valuation
Envisics, a Milton Keynes, UK-based holographic head-up display technology company, raised over $50M in Series C funding at a $500M post-money valuation. The round was led by Hyundai Mobis with participation from InMotion Ventures, the investment arm of Jaguar Land Rover, and Stellantis. The company intends to use the funds to accelerate the pace of… Continue reading Envisics Raises Over $50M in Series C Funding; Reaches $500M Post-Money Valuation
@BMW: Walter Mertl named new BMW AG CFO002557
Nicolas Peter to retire in May Munich. The Supervisory Board of BMW AG appointed Walter Mertl (49) as the new Board of Management member responsible for Finance during its meeting today. He takes over from Nicolas Peter (60), who will retire after the Annual General Meeting on 11 May 2023. “The BMW Group has been… Continue reading @BMW: Walter Mertl named new BMW AG CFO002557
Made in California: Ideanomics subsidiary US Hybrid and Global Environmental Products begin manufacturing 18 zero-emission street sweepers for Caltrans
NEW YORK, March 9, 2023 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that manufacturing has started on 18 zero-emission street sweepers featuring US Hybrid’s electric and hybrid electric propulsion kits. California-based Global Environmental Products (GEP) will manufacture and deliver the sweepers to the California Department… Continue reading Made in California: Ideanomics subsidiary US Hybrid and Global Environmental Products begin manufacturing 18 zero-emission street sweepers for Caltrans
Infosys Collaborates with Mobility Specialist ZF to Revamp Supply Chain Operations
Leverages Infosys Cobalt to implement a unified ERP platform and enable data-driven demand planning and agile inventory management FRANKFURT, Germany, March 9, 2023 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has collaborated with mobility specialist ZF to revamp its multi-echelon supply chain… Continue reading Infosys Collaborates with Mobility Specialist ZF to Revamp Supply Chain Operations
CAR MAKERS NEED A START-UP MINDSET TO BOOST EV SALES, SAYS BATTERY PIONEER STOREDOT
StoreDot calls for more car companies to adopt the mindset and agility of start-ups and to work more in tandem with groundbreaking technology companies to enable and accelerate innovation and global EV market growth StoreDot’s CEO observes varying approaches in automotive manufacturers and their willingness to adopt new innovative battery technologies OEMs that reevaluate traditional… Continue reading CAR MAKERS NEED A START-UP MINDSET TO BOOST EV SALES, SAYS BATTERY PIONEER STOREDOT
CGTN: China stresses enhancing integrated national strategies, strategic capabilities
BEIJING, March 9, 2023 /PRNewswire/ — The ongoing first session of the 14th National People’s Congress (NPC), China’s top legislature, gathers 2,977 deputies from an array of professions and backgrounds. Among those national legislators, 281 are from the armed forces, forming the largest group of lawmakers at this year’s meeting. Chinese President Xi Jinping takes… Continue reading CGTN: China stresses enhancing integrated national strategies, strategic capabilities