HELSINKI, Dec. 22, 2021 /PRNewswire/ — Kamux will relocate the business activity of its showroom in Varkaus to other Kamux showrooms in the region, and the Varkaus showroom will be closed down. “The decision is linked to Kamux’s strategy. As we have announced earlier, in the future Kamux will focus on larger showrooms, which will… Continue reading Kamux to move business from Varkaus to other showrooms in the region, closing down in Varkaus
Tag: Strategy
Fortaco acquires paintshop in Janow Lubelski, Poland
HELSINKI, Dec. 22, 2021 /PRNewswire/ — Fortaco Group acquires from Alucrom the paintshop operation in Janow Lubelski. Both the plant and related machinery are included in the acquisition. The employees will be transferred to Fortaco. The paintshop facility of 2.000 m2 was built in 2014 and it is located next to the Fortaco´s existing factory… Continue reading Fortaco acquires paintshop in Janow Lubelski, Poland
Supplier Increases Automotive Adhesive Capabilities with New Facility in East China
DuPont has broken ground on a previously announced $30 million facility in Zhangjiagang, China, that will produce a range of materials to advance applications for electrification and lightweighting in support of growing demand for its automotive adhesives. Leading the groundbreaking ceremony were Yi Zhang, regional president for DuPont Asia Pacific; Tina Wu, global vice president… Continue reading Supplier Increases Automotive Adhesive Capabilities with New Facility in East China
Reviver Announces Strategic Alliance with Roundtrip, Nation’s Leading Digital Healthcare Transportation Solution
SACRAMENTO, Calif., Dec. 22, 2021 /PRNewswire/ — ReviverMX, Inc., developer of the world’s first digital license plate (DLP), today announced it has entered into a strategic alliance to supply its Rplate® and Rplate® Pro DLPs to the 25,000 vehicles that are part of Roundtrip’s national transportation network. Roundtrip is the nation’s leading digital healthcare transportation solution for health… Continue reading Reviver Announces Strategic Alliance with Roundtrip, Nation’s Leading Digital Healthcare Transportation Solution
Heniff Transportation Signs LOI with the Intent to Purchase 100 Zero-Emission Trucks from Thompson Truck Centers and Nikola
The agreement between Heniff Transportation and Thompson Truck Centers is a fleet-as-a-service model where Thompson will provide the sales, service, maintenance, and energy infrastructure required to operate the Nikola Tre BEV trucks. Deliveries are expected to commence first half of 2022. Upon the successful initial deployment of 10 units into their bulk transport operation, Heniff… Continue reading Heniff Transportation Signs LOI with the Intent to Purchase 100 Zero-Emission Trucks from Thompson Truck Centers and Nikola
Wall Street Luxury Has Formed a Strategic Partnership With U-Boat Worx, World Leader in Advanced Private Submarines for the Sales and Marketing of NEMO Submersible Series
WESTPORT, Conn., Dec. 22, 2021 /PRNewswire/ — U-Boat Worx’s award-winning NEMO – the most compact and lightest submersible ever produced – is one of the most sophisticated pieces of underwater technology. Bert Houtman – Founder and CEO of U-Boat Worx – states, “The NEMO submersible is the only series produced submersible in the world. This means… Continue reading Wall Street Luxury Has Formed a Strategic Partnership With U-Boat Worx, World Leader in Advanced Private Submarines for the Sales and Marketing of NEMO Submersible Series
SG-based e-commerce aggregator Una Brands sets aside $35m for Indonesian brands
Singapore-based e-commerce brand acquirer Una Brands has set aside Rp500 billion ($35 million) as part of its Indonesian push. Una Brands will support local brands through acquisitions, capital injection, and operational support, it said in a statement on Wednesday. The startup said it has signed exclusive agreements with several Indonesian brands and targets to acquire… Continue reading SG-based e-commerce aggregator Una Brands sets aside $35m for Indonesian brands
People’s Digest: ShopUp hires new CFO; Openspace adds third general partner
Bangladesh-based ShopUp has hired former CICC executive director and head of Singapore M&A Vashistha Maheshwari as its CFO, while Openspace has promoted executive director Jessica Huang Pouleur as its third general partner. ShopUp hires chief financial officer Bangladesh-based business-to-business (B2B) commerce startup ShopUp has hired former China International Capital Corporation (CICC) executive director and head… Continue reading People’s Digest: ShopUp hires new CFO; Openspace adds third general partner
US Hybrid Receives $5.5 Million Purchase Order from Global Environmental Products to Electrify Street Sweepers for California and other state fleets
NEW YORK, Dec. 22, 2021 /PRNewswire/ — US Hybrid, a wholly-owned subsidiary of Ideanomics and a leader in advanced battery, fuel cell and hybrid electric vehicles, today announced a $5.5 million purchase order from Global Environmental Products (GEP) for additional battery powertrain kits for electric street sweepers for California’s largest fleet operator, with delivery of the order… Continue reading US Hybrid Receives $5.5 Million Purchase Order from Global Environmental Products to Electrify Street Sweepers for California and other state fleets
U.S. faces tough choices in 2022 on mines for electric-vehicle metals
U.S. President Joe Biden visits the production line for the Hummer EV as he tours the General Motors ‘Factory ZERO’ electric vehicle assembly plant, next to UAW President Ray Curry and General Motors CEO Mary Barra, in Detroit, Michigan, U.S. November 17, 2021. REUTERS/Jonathan Ernst/File Photo Register now for FREE unlimited access to Reuters.com Register… Continue reading U.S. faces tough choices in 2022 on mines for electric-vehicle metals