JACKSONVILLE, Fla., June 13, 2023 /PRNewswire/ — Crowley has released its second annual sustainability report today, which details progress toward its sustainability goals in 2022 and previews continued efforts for 2023 and beyond. The report demonstrates how Crowley has accelerated the integration of sustainability throughout its business, which includes advancing its decarbonization strategy, evolving Diversity,… Continue reading Crowley’s Second Annual Sustainability Report Details Progress on Environmental Strategy and Continued Commitment to Employees
Tag: Strategy
TAT Technology through its North Carolina subsidiary – Piedmont Aviation Components, received a first customer’s order for an overhaul of APU331-500 engine serving on the Boeing 777 fleet
2 years after signing the strategic deal with Honeywell, TAT completed its investments in machines and equipment. The company received its first customer’s order after completion of the certification process. Last week the company announced its results for the first quarter of 2023 with an increase in revenues of 26.6% to $25.2 million and positive… Continue reading TAT Technology through its North Carolina subsidiary – Piedmont Aviation Components, received a first customer’s order for an overhaul of APU331-500 engine serving on the Boeing 777 fleet
Arbe Announces Closing of $23 Million Offering of Registered Ordinary Shares
TEL AVIV, Israel, June 14, 2023 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in perception radar solutions, today announced the closing of its previously announced registered direct offering. In the offering, Arbe sold an aggregate of 11,794,873 ordinary shares to the Special Situations Funds, More Tech-Ventures, Catalyst Investments (affiliated with a director of… Continue reading Arbe Announces Closing of $23 Million Offering of Registered Ordinary Shares
Automotive Aftermarket Industry Outperforms Expectations, Growing 9.7% in 2022
New report from Auto Care Association, MEMA Aftermarket Suppliers and S&P Global provides comprehensive outlook for auto care industry through 2026. BETHESDA, Md., June 14, 2023 /PRNewswire/ — The Auto Care Association and MEMA Aftermarket Suppliers, in partnership with S&P Global, have released the 2023 Joint Channel Forecast Model report, providing valuable insights and strategic guidance… Continue reading Automotive Aftermarket Industry Outperforms Expectations, Growing 9.7% in 2022
MSDE with ASDC certifies 98 Trainers in Pune under SANKALP programme
The initiative strengthened the public-private partnership in the Technical and Vocational Education and Training (TVET) domain, upgrading the technical and pedagogical skills of trainers in line with industry 4.0 requirements. New Delhi: The Ministry of Skill Development & Entrepreneurship (MSDE), in a convocation ceremony organized by Automotive Skills Development Council (ASDC) in Pune, presented certificates… Continue reading MSDE with ASDC certifies 98 Trainers in Pune under SANKALP programme
Why are other automakers chasing Tesla’s ‘Gigacasting’?
The Giga Press is an aluminium die-casting machine adopted by Tesla at its factories in the U.S., China and Germany. Toyota Motor said this week it will adopt a technology Tesla pioneered known as “Gigacasting” as part of a strategy by the Japanese automaker to improve the performance – and lower the cost – of… Continue reading Why are other automakers chasing Tesla’s ‘Gigacasting’?
Volkswagen passenger cars targeting 10 bln euros higher earnings via cost cuts
BERLIN, June 14 (Reuters) – Volkswagen’s (VOWG_p.DE) passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026 to hit its return on sales target of 6.5%, Chief Financial Officer Arno Antlitz posted on LinkedIn on Wednesday. Production of vehicles in the passenger car brand, Commercial Vehicles, SEAT, Cupra and… Continue reading Volkswagen passenger cars targeting 10 bln euros higher earnings via cost cuts
German Handelsblatt: Volkswagen: Core brand VW wants to make ten billion euros more profit by 2026007070
Production of the ID.3 The VW brand should have a return of 6.5 percent by 2026. (Photo: IMAGO/Sylvio Dittrich) The car manufacturer Volkswagen wants to increase operating profit by ten billion euros by 2026 and achieve a return of 6.5 percent. This was announced by brand boss Thomas Schäfer on Wednesday at the works meeting… Continue reading German Handelsblatt: Volkswagen: Core brand VW wants to make ten billion euros more profit by 2026007070
VivaTech 2023 – Stand E40 Hall 1 Valeo and Equans sign a partnership to meet the challenges of…
Valeo Group | 14 Jun, 2023 | 3 min On June 14, 2023, at VivaTech 2023 in Paris, Valeo, world leader in mobility solutions, and Equans, world leader in the energy and services sector, signed a partnership to work together to prepare an intelligent, safe and low-carbon city of the future. At a time when… Continue reading VivaTech 2023 – Stand E40 Hall 1 Valeo and Equans sign a partnership to meet the challenges of…
European Political Summit highlights ongoing revolution in Moldovan wine
CHISINAU, Moldova, June 12, 2023 /PRNewswire/ — Moldova’s dynamic and growing wine industry played a key role in the second edition of the European Political Summit, held on June 1st. Over 500 international journalists joined 47 delegates from across Europe at the magnificent Mimi Castle in Bulboaca – a Moldovan winery connecting beauty, authenticity, and… Continue reading European Political Summit highlights ongoing revolution in Moldovan wine