Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million […]

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C.–(BUSINESS WIRE)–Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about May 13, 2024, to shareholders of record at […]

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

PROPEL E Series Advances Sustainability and Performance, Promoting Better Efficiency and Increased Durability For Electric Vehicle and High-Performance Tire Formulations BOSTON–(BUSINESS WIRE)–Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications. This […]

Custom Truck One Source Acquires the Business of SOS Fleet Services, LLC, Expanding Gulf States Footprint and Service Capabilities

KANSAS CITY, Mo.–(BUSINESS WIRE)–Custom Truck One Source, Inc. (NYSE: CTOS) proudly announces its acquisition of the business of SOS Fleet Services, LLC, a full-service repair facility located in Alexandria, Louisiana. This acquisition brings over 30,000 square feet of space and a highly experienced team that will significantly enhance Custom Truck’s service footprint in the region. […]

Autel Energy to Launch EVergreen Global Tree Planting Initiative to Propel ESG Goals

NEW YORK–(BUSINESS WIRE)–#Autel–Autel Energy, a leading global provider of electric vehicle (EV) charging products and services, is proud to announce the launch of its “EVergreen” global tree planting initiative, a program that aligns with and develops the company’s Environmental, Social, and Governance (ESG) goals. Autel will invite key customers to actively participate in this tree […]

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

California Energy Commission Awards BorgWarner and Project Team Partners Fermata Energy and Lion Electric $3M Grant for Grid-Supporting and Cost Saving V2G Solutions in support of American Transportation Systems Bus Company CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: […]