After closing of the proposed transaction, Cepton will operate as a privately held indirect subsidiary of Koito in the U.S., with corporate headquarters in San Jose, CA. Cepton and Koito have partnered since 2017 to industrialize high-performance lidar solutions for mass-market automotive, smart infrastructure and industrial applications. The proposed transaction is poised to accelerate the […]
Mubadala Investment Company, Qatar Investment Authority and other co-investors to invest over $600 million to fund further growth Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared’s ability to build and scale platforms Investment creates a North American champion for flexible last-mile transportation solutions and an […]
Flor will also serve as Global Head of Quality, reporting to CEO Shoichi Matsumoto YOKOHAMA, Japan–(BUSINESS WIRE)–AESC, a Japan-based global leader in high-performance battery technology for electric vehicles and energy storage systems, today announced the appointment of Knudt Flor as Chief Executive Officer (CEO) for U.S. and Europe and as Global Head of Quality. He […]
KENOSHA, Wis.–(BUSINESS WIRE)–Snap-on Incorporated (NYSE: SNA) will release 2024 second quarter and six-month results prior to the market open on Thursday, July 18, 2024. A conference call to discuss the results will be held at 10:00 a.m. ET on that day. The conference call audio and accompanying slides will be webcast live via the Internet. […]
ARLINGTON, Va.–(BUSINESS WIRE)–The National Automatic Merchandising Association (NAMA) announced today that Tom Steuber, president and owner of Associated Services, will serve as Chair of its Board of Directors for the 2024-2025 term. The announcement was made following the NAMA Annual General Membership Meeting held on June 17, 2024. “I am honored to serve as Chair […]
Names Jamie Pierson as Permanent Chief Financial Officer and Welcomes New Chief Accounting Officer GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) announced the appointment of Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Mr. Pierson was originally named interim Chief […]
Serving Automotive and Commercial Vehicle Owners Through Sales, Parts and Service INDIANAPOLIS–(BUSINESS WIRE)–#Ford—Model 1 Commercial Vehicles, the nation’s largest bus and transportation services dealer, has formed its first affiliation with an automotive dealership. Model 1 Ford of Warsaw sells new Ford cars, trucks, SUVs, vans, and light and heavy duty trucks in a variety of […]