Month: April 2021

  • Mando Q1 Net Profit Up 435.4 Pct. To 51.1 Bln Won

    Mando Corp. on Friday reported its first-quarter net profit of 51.1 billion won (US$46 million), up 435.4 percent from a year earlier. Operating profit for the January-March period was 71.9 billion won, up 288.4 percent from a year ago, the company said in a regulatory filing. Sales rose 14.6 percent…

  • ITW Reports Record First Quarter 2021 Results

    Total revenue of $3.5 billion, an increase of 10% Organic growth of 6%, 8% on an equal days’ basis Record Q1 financial performance: Operating income of $905 million, an increase of 19% Operating margin of 25.5%, an increase of 190 basis points GAAP EPS of $2.11, an increase of 19%…

  • Toyota Tsusho Invests In Purdy Motor, The Toyota And Lexus Distributor In Costa Rica

    Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it invested in PURDY MOTOR S.A. (“PM”), the Toyota and Lexus distributor in Costa Rica and acquired 10% of the company’s shares, on 27 April, 2021. This is the first investment in an automotive distributor in Costa Rica by a Japanese company.…

  • Meritor Launches Xact Search Tool For Trailer Axle Components

    Meritor, Inc. (NYSE: MTOR) today announced the launch of its new tool on MeritorPartsXpress.com that makes it simple to identify the correct components for trailer axles and wheel ends.   The Trailer Axle Components Selector Tool identifies the correct aftermarket part number in six categories: brake drums, hardware kits, lined…

  • Hydro Alunorte first alumina refinery in the world to achieve ISO 55001 certification

    Alunorte will be included in the list of ISO’s Technical Committee Members, the first in its segment. The certification means that the refinery meets legal requirements, national and international regulations, and demonstrates the company’s commitment to continuous improvement of its systems.   For the certification, a plan was carried out…

  • Saint-Gobain Inaugurates the World’s First Single-Family Home Made Entirely Of 3d-Printed Concrete

    To read, click here: press_release_saint-gobain_-_3d_printed_concrete_house https://www.saint-gobain.com/sites/sgcom.master/files/press_release_saint-gobain_-_3d_printed_concrete_house.pdf

  • Terex Corporation Announces First Quarter 2021 Results

    Strong Q1 financial results; sales and EPS exceeded expectations – Delivered positive first quarter free cash flow – Increased financial outlook for full-year 2021 – Enhanced capital structure Terex Corporation (NYSE: TEX) announced first quarter 2021 income from continuing operations of $39.7 million, or $0.56 per share, on net sales…

  • Consolidated Business Results For The Fiscal Year Ended March 31, 2021

    Komatsu Ltd. today announced its consolidated business results for the fiscal year ended March 31, 2021 (U.S. GAAP). The highlights are described below. Results for the Fiscal Year Ended March 31, 2021(FY2020) For the fiscal year under review (April 1, 2020 – March 31, 2021), the second year of the…

  • An Important Step Towards Quiet Mobility

    The third phase of the acoustics legislation valid in Europe comes into force in 2024. This will once again significantly reduce the limit value for noise emissions in road traffic. Acoustic valves are a key component for adherence to the future standard. The mechatronic valves from Eberspaecher impress automobile manufacturers…

  • Visteon Announces First-Quarter 2021 Results

    VAN BUREN TOWNSHIP, Mich., April 29, 2021 — Visteon Corporation (NASDAQ: VC) today announced first-quarter net sales of $746 million, representing a year-over-year increase of 14% excluding the impact of currency. Visteon’s sales performance represented a 14% growth-over-market compared to the production volumes of its customers. Gross margin in the first…

  • Johnson Controls and Pelion Partner on Artificial Intelligence / Internet of Things (AIoT) for Smart, Healthy, and Sustainable Buildings

    Pelion announced a partnership with Johnson Controls, a leading provider of smart, healthy and sustainable buildings. This partnership will accelerate innovation in connectivity, security and intelligence at the edge for Johnson Controls’ OpenBlue technology.   This innovation mirrors the automotive sector, where software, multiple sensors and AI-trained models have transformed…

  • E-mobility in passenger transport: new BENTELER platform for minibus segment

    BENTELER is offering a special platform concept for a people mover in the minibus segment. The e-mobility solution is designed for minibuses in the 15 to 22 passenger range. With it, BENTELER is meeting the demand for environmentally friendly mobility solutions – even in passenger conveyance.   With the platform,…

  • First Solar, Inc. Announces First Quarter 2021 Financial Results

    Net sales of $803 million Net income per share of $1.96 Cash, cash equivalents, restricted cash, and marketable securities of $1.8 billion YTD net bookings of 4.8 GW DC ; 2.9 GW DC since prior earnings call Nameplate manufacturing capacity increased to 7.9 GW DC ; top production bin of…

  • MULTIVAC Becomes An R-Cycle Partner

    MULTIVAC joins the cross-company initiative R-Cycle. The aim is to jointly drive forward the circular economy for plastic packaging on the basis of an open and globally applicable tracing standard. R-Cycle records all recycling-relevant information from the production process in the form of a digital product passport and makes it…

  • Massive Multi-Lane Accumulation … 40+ Yards Of Product

    Multi-Conveyor recently built a series of mild steel constructed conveyors for varying height and width products that travel through dual belt merge, enclosed pneumatic diverts, massive lane accumulation; combiners, single file technology and more.massive multi-lane accumulation The divert will continuously rotate to fill five (5) full lanes, one at a…

  • First Quarter 2021 Production Report (Glencore)

    Glencore Chief Executive Officer, Ivan Glasenberg: “The Group’s overall production was broadly  in line with our expectations for the first quarter. Production in Q1 2021 reflects that many of our operations continue to maintain thorough Covid-safe working practices, as appropriate for each specific country and region. Coal production was down…

  • Lawson Products Announces First Quarter 2021 Results

    “Lawson had a productive first quarter building on its strong financial position placing itself in a good position to reinvest in the business to drive new growth initiatives. Sales for the quarter were $103.6 million, an improvement of 13.8% compared to the same quarter a year ago. Achieving quarterly sales…

  • AGCO Reports First Quarter Results

    AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2021. Net sales for the first quarter were approximately $2.4 billion, an increase of approximately 23.4% compared to the first quarter of 2020. Reported…

  • Orbcomm Announces First Quarter 2021 Results

    ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced financial results for the first quarter ended March 31, 2021. “We’re pleased with our first quarter results with Revenues coming in as expected while navigating through a global component supply shortage,” said Marc Eisenberg, ORBCOMM’s…

  • AGCO Reports First Quarter Results

    AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2021. Net sales for the first quarter were approximately $2.4 billion, an increase of approximately 23.4% compared to the first quarter of 2020. Reported…

  • Manitou Factory Expansions Focus On Green Energy

    Manitou Group has announced an €80 million ($97 million) investment plan for the redevelopment and expansion of its France-based production sites in Ancenis, Candé and Laillé.   The investment, which will take place over the next five years, is part of the manufacturer’s New Horizons 2025 roadmap and will support…

  • BASF Launches New Website For Performance And Formulation Additives

    The new website provides faster access to BASF additives and formulation recommendations New products meet increasing requirements in performance and sustainability Quick access to additive web-seminars and BASF additive experts BASF launched a new website for ‘Performance and Formulation Additives’. The new website (http://www.basf.com/additives) offers multiple value-adding features. Its design…

  • Rusal Announces Key Commercial Appointments

    RUSAL a leading global aluminium producer, is delighted to announce the appointment of Roman Andryushin as Deputy CEO of RUSAL for Sales in Russia, the CIS and China. The Company is also delighted to see the return of Steve Hodgson as Director of Sales and Marketing. Both appointments are testament…

  • Kawneer Curtain Walling Holds A Unique Key To A Gateway Building

    Two types of curtain walling by leading UK manufacturer Kawneer met a quartet of criteria for a new building at the gateway to Europe’s largest clinical-academic campus. Kawneer’s AA®110 SSG (Structurally Silicone Glazed) and AA®100 capped aluminium curtain walling almost completely wraps the new £25 million Citylabs 2.0 development within…