Category: Business Wire

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GA Telesis Debuts Freight Forwarding Company GAT Logistics Solutions Group

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#AirFreight—GA Telesis, LLC debuts GAT Logistics Solutions Group LLC (“GATLSG”), a wholly-owned global freight forwarding subsidiary that offers a complete portfolio of logistics services to the aerospace industry and time-critical verticals including healthcare, technology, retail, and beyond. GATLSG has a globally positioned team and robust network providing air, sea, and inland freight […]

Iteris to Present at 24th Annual Needham Virtual Growth Conference on January 12, 2022

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been invited to present at the 24th Annual Needham Virtual Growth Conference on Wednesday, January 12. Iteris president and CEO Joe Bergera, and CFO Douglas Groves are scheduled to present at 2:00 p.m. ET […]

Luminar Transaction Upsized and Closed at $625 Million; Stock Buyback Plan Increased to Over $300 Million

Net Cash to Accelerate Growth and Expansion from Major Commercial Wins ORLANDO, Fla.–(BUSINESS WIRE)–Luminar Technologies, Inc. (Nasdaq: LAZR) today announced the successful execution of its previously announced transaction, with the intent to purchase shares and accelerate growth. The deal was oversubscribed based on positive institutional investor support, and upsized to a total of $625 million […]

J.D. Power and LMC Automotive U.S. Automotive Forecast for December 2021

Lack of Supply Still Restricting New-Vehicle Sales in December; Prices and Profits Continue to Set Records TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for December 2021 are expected to decline when compared with December 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles […]

Audax Private Equity Completes the Sale of RelaDyne, Inc. to American Industrial Partners

BOSTON–(BUSINESS WIRE)–Audax Private Equity (“Audax”) today announced that it has completed the sale of RelaDyne, Inc (“RelaDyne” or the “Company”) to American Industrial Partners (“AIP”). Terms of the transaction were not disclosed. RelaDyne is a leading provider of lubricants and distributor of less-than-truckload fuel, diesel exhaust fluid, chemicals, and other related products in the United […]

Fisker Inc. to Participate in Upcoming Investor Conference

LOS ANGELES–(BUSINESS WIRE)–#EVs—Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – announced today it will webcast its participation in a “Fireside Chat” at an upcoming investor conference. Henrik Fisker, Chairman and Chief Executive Officer of Fisker, will speak at the Morgan Stanley 8th Annual […]

Polaris Schedules Fourth Quarter and Full Year 2021 Earnings Conference Call and Webcast

MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) announced today that it will release its fourth quarter and full year 2021 financial results on Tuesday, January 25, 2022, and will hold a conference call and webcast at 10:00 a.m. central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief […]