DEARBORN, Mich.–(BUSINESS WIRE)–More than ever before, commercial customers want to lower the total cost of ownership, and transform their businesses. Ford Pro is uniquely equipped to help them do that. That’s what Ford Pro CFO Navin Kumar will discuss during a fireside chat on Thursday, Feb. 22, at the Barclays Industrials Conference in Miami. Kumar […]
VISTA, Calif.–(BUSINESS WIRE)–Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will attend the Baird 2024 Vehicle Technology & Mobility Conference being held virtually on February 29, 2024. Flux Power Chief Executive Officer Ron Dutt and Chief Financial Officer Chuck Scheiwe will conduct […]
SUGAR LAND, Texas–(BUSINESS WIRE)–Researched by Industrial Info Resources–Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) last week announced it plans to invest an additional $1.3 billion to further electric vehicle (EV) production at its plant in Kentucky, where Industrial Info is tracking $13.75 billion worth of active and planned Industrial Manufacturing projects. About $10 billion of […]
NASHVILLE, Tenn.–(BUSINESS WIRE)–Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU) today announced that it will file a Form S-4 Registration Statement with the Securities and Exchange Commission (the “SEC”) in connection with Cummins’ (NYSE: CMI) offer to exchange up to 67,054,726 shares of Atmus common stock that Cummins owns, representing 80.5% of the total outstanding shares […]
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that it will commence an exchange offer to fully split off its remaining interest in Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”). In May 2023, Atmus completed its initial public offering where 19.5%, or 16,243,070 shares, of Atmus’ common stock was sold, with Cummins retaining the […]
Balanced Growth Strategy Delivers Strong Returns in Challenging Freight Environment Fourth Quarter 2023 Highlights GAAP EPS from continuing operations of $2.74 compared to $4.06 in prior year Comparable EPS (non-GAAP) from continuing operations of $2.95, as compared to $3.89 in prior year, reflecting weaker market conditions in used vehicle sales and rental, partially offset by […]
NASHVILLE, Tenn.–(BUSINESS WIRE)–Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its fourth quarter and full year that ended December 31, 2023. Fourth Quarter and Full Year Highlights Net sales of $400 million for the fourth quarter and $1,628 million full year GAAP net […]