Proposals to grant a combined $575 million in state incentives to three major battery manufacturing projects advanced Wednesday with approvals from the Democratic-controlled Michigan House Appropriations Committee. The committee, on a 16-12 party-line vote, approved transferring $175 million for a Gotion Inc. project outside of Big Rapids, $200 million for an Our Next Energy project… Continue reading House panel advances $575M in state incentives for battery plant projects
Tag: Strategy
VW gets ready to reveal a people’s car for the electric age
Volkswagen is about to do what Tesla didn’t during its recent investor day: show off an affordable electric vehicle for the masses. The German automaker plans to preview a model that will start below €25,000 ($26,600) and has been using the hashtag #VWforthepeople to promote the event it’s hosting Wednesday in Hamburg. EV blogs and… Continue reading VW gets ready to reveal a people’s car for the electric age
Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
RaaS empowers businesses to adapt and thrive in new era of supply chain complexity HAMBURG, Germany, March 15, 2023 /PRNewswire/ — Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in eCommerce. To ensure their supply chain operations are able to survive in today’s digital economy,… Continue reading Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
GUANGZHOU, China, March 15, 2023 /PRNewswire/ — On 14 March, GAC MOTOR launched EMPOW, a sporty sedan featuring cutting-edge design and innovations, in Saudi Arabia. The EMPOW launch event, attended by respected media publications including Arab News, Saudi Auto, and Alsharq Alawsat, was held at the renowned motorsport circuit The Track Jeddah. Continue Reading GAC_MOTOR_EMPOW… Continue reading Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
Kindred publishes Annual and Sustainability Report for 2022
VALLETTA, Malta, March 15, 2023 /PRNewswire/ — Kindred Group has today published its combined Annual and Sustainability Report for the 2022 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com. Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2022 financial year. The report provides an introduction… Continue reading Kindred publishes Annual and Sustainability Report for 2022
Ball to Begin Discussions Regarding Possible Closure of Wallkill, New York Beverage Packaging Plant
WESTMINSTER, Colo., March 15, 2023 /PRNewswire/ — Ball Corporation (NYSE: BALL) has notified its employees and the union, in accordance with the collective bargaining agreement (CBA), about the potential closure of the Wallkill, New York, plant. Ball is evaluating the Wallkill facility, which opened in 1972. The facility produces a number of unique can sizes… Continue reading Ball to Begin Discussions Regarding Possible Closure of Wallkill, New York Beverage Packaging Plant
SMMT statement on the Spring Budget 2023
15 March 2023 #SMMT News Mike Hawes, SMMT Chief Executive, said, We face fierce international competition so it was pleasing to hear the Chancellor directly reference industrial strategy and measures to attract investment. Tax breaks for capital expenditure, which the industry has long called for, extensions to climate change agreements plus action to alleviate the… Continue reading SMMT statement on the Spring Budget 2023
Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Three Months and Year Ended December 31, 2022
NEWPORT, R.I., March 15, 2023 /PRNewswire/ — Pangaea Logistics Solutions Ltd. (“Pangaea” or the “Company”) (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months and year ended December 31, 2022. FOURTH QUARTER 2022 RESULTS(As compared to the Fourth Quarter 2021) Net income of $15.5 million, or $0.34… Continue reading Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Three Months and Year Ended December 31, 2022
Fruit of the Loom, Inc. Among Top 8% of Companies Assessed for Supplier Engagement on Climate Change, According to CDP
BOWLING GREEN, Ky., March 15, 2023 /PRNewswire/ — Fruit of the Loom, Inc. is proud to share that they are among the top 8% assessed for supplier engagement on climate change, based on their 2022 CDP disclosure. CDP is a leading non-for-profit organization that runs a global disclosure system for environmental impact, with nearly 20,000 companies… Continue reading Fruit of the Loom, Inc. Among Top 8% of Companies Assessed for Supplier Engagement on Climate Change, According to CDP
Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
RaaS empowers businesses to adapt and thrive in new era of supply chain complexity HAMBURG, Germany, March 15, 2023 /PRNewswire/ — Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in eCommerce. To ensure their supply chain operations are able to survive in today’s digital economy,… Continue reading Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service