DENVER, May 16, 2023 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES, “Gates” or the “Company”) announced today that certain selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) have commenced a secondary offering of 22,500,000 of Gates’ ordinary shares (the “Offering”). In connection with the Offering, the Selling Stockholders intend to grant to the… Continue reading GATES ANNOUNCES SECONDARY OFFERING OF 22,500,000 ORDINARY SHARES
Tag: Manufacturing
Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD
NORTHBROOK, Ill., May 16, 2023 /PRNewswire/ — Amsterdam based Hilco Industrial Acquisitions, an operating company of US based Hilco Global, announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD, located in Subic Bay, Philippines, following its strategic acquisition. Consistently with the new business direction of revitalizing the operations of the… Continue reading Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD
Electric Vehicle (EV) Transmission Market to Grow USD 20.08 Billion By 2027, registering a CAGR of 27.3%.| Valuates Reports
BANGALORE, India, May 15, 2023 /PRNewswire/ — Electric Vehicle (EV) Transmission Market with COVID-19 Impact, Size, Trends, Growth, Share Analysis, By Vehicle Type (Single Speed, Multi-Speed), By Transmission System (Automated manual transmissions, Continuously variable transmissions, Dedicated hybrid transmission/dual-clutch transmission, Automatic transmission): Global Opportunity Analysis and Industry Forecast 2021–2028. It is published in Valuates Reports under the Autos… Continue reading Electric Vehicle (EV) Transmission Market to Grow USD 20.08 Billion By 2027, registering a CAGR of 27.3%.| Valuates Reports
Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Student-concepted vessel explores the ocean as new habitable space amidst climate change and rising sea levels HÖHENWEG, Switzerland, May 15, 2023 /PRNewswire/ — Pioneering Swiss boarding school Institut auf dem Rosenberg (Rosenberg) today unveiled its groundbreaking design for ‘Blue Nomad,’ a self-sufficient solar floating habitat. Blue Nomad was conceived by students in collaboration with SAGA Space… Continue reading Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Zoomlion Empowers Product and Market Development with Glocalization Strategy
CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy
CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
SAO PAOLO, Brazil , May 15, 2023 /PRNewswire/ — CEAT Specialty, leading off- highway tire manufacturer, showcased its range of agricultural tires, at Agrishow 2023- Brazil’s largest agricultural technology trade show. The event was held from 1st to 5th May at Ribeirão Preto, Sao Paolo – Brazil. On display are CEAT Specialty’s VF technology tires- Torquemax… Continue reading CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
US manufacturing production surges in April on motor vehicles
Motor vehicle production surged 9.3% last month after declining 1.9% in March. Production at U.S. factories surged in April, driven by an increase in output at motor vehicle plants, but manufacturing continues to be constrained by higher interest rates. Manufacturing output accelerated 1.0% last month, the Federal Reserve said on Tuesday. Data for March was… Continue reading US manufacturing production surges in April on motor vehicles
@Groupe PSA: PR Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio, a Leader in Zero-emission Hydrogen Mobility005675
AMSTERDAM, NANTERRE, PARIS – Faurecia, a company of the FORVIA group, Michelin and Stellantis announce today the signing of a binding agreement for Stellantis to acquire 33.3% stake in Symbio, a leader in zero-emission hydrogen mobility. Faurecia and Michelin will remain shareholders with 33.3% holding each. The announcement is a significant step in the decarbonization… Continue reading @Groupe PSA: PR Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio, a Leader in Zero-emission Hydrogen Mobility005675