Propulsion

Martinrea International Inc. Holds Annual General Meeting

Retrieved on: 
torsdag, juni 13, 2024
MRE, Indian stock exchange, Culture, Propulsion, Report, TSX

TORONTO, June 13, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting.

Key Points: 
  • TORONTO, June 13, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting.
  • Rob Wildeboer, the Company’s Executive Chairman, stated: “We would like to thank our shareholders for their overwhelming show of support.
  • Our outlook remains positive.”
    Martinrea held an annual general meeting on June 12, 2024.
  • A total of 52,104,919 Common Shares, or 67.90% of the issued and outstanding Common Shares, were voted at the meeting.

Peter Cirulis Appointed Chief Financial Officer of Martinrea International Inc.

Retrieved on: 
torsdag, juni 13, 2024
EVP, University, Operational excellence, Lead, Culture, Growth, MBA, Dana Incorporated, MRE, Business, The Aluminum Group, Investment, Face, Kalamazoo College, Customer experience, CFO, Propulsion, TSX, Management

TORONTO, June 13, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Peter Cirulis has been appointed Chief Financial Officer of the Company effective July 1, 2024.

Key Points: 
  • TORONTO, June 13, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Peter Cirulis has been appointed Chief Financial Officer of the Company effective July 1, 2024.
  • Fred Di Tosto, current President and Chief Financial Officer, will retain his current responsibilities as President going forward.
  • Pat D’Eramo, Martinrea’s Chief Executive Officer, stated: “This appointment reflects the continued growth of our leadership group at Martinrea, and will allow Fred to focus on his role as President, while still assisting Peter in the transition.
  • We will strive to continue to improve in all these areas.”
    Peter Cirulis stated: “Martinrea is a great company with a great future.

Martinrea Invests Nearly $35 Million to Expand Ridgetown, Ontario Facility, Adding 3000t Stamping Press for the Production of Larger and More Complex Automotive Parts

Retrieved on: 
torsdag, juni 6, 2024
MRE, Propulsion, TSX

The new stamping press will allow for the production of larger and more complex parts for customers, including body-in-white components, battery enclosures and chassis parts.

Key Points: 
  • The new stamping press will allow for the production of larger and more complex parts for customers, including body-in-white components, battery enclosures and chassis parts.
  • It will also enhance production efficiency and quality, minimizing waste and energy consumption.
  • The plant is one of Martinrea's 56 locations across 10 countries, serving the global automotive industry.
  • “This investment will continue to create opportunities for our employees and their families, ensuring a bright future for all.”

United States MEWP (Mobile Elevated Working Platforms) Industry Insights and Forecasts, 2020-2023 & 2024-2030 - ResearchAndMarkets.com

Retrieved on: 
torsdag, maj 16, 2024
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Electricity, Transport, Welding, Automation, USD, Construction, Accident, Risk, Airport, Population growth, Propulsion, Safety, Metre, Renting, Research, Others, Depreciation, Value, Urbanization, Injury, Workplace, Speciality chemicals

The United States MEWP market showcased growth at a CAGR of 8.45% during 2020-2023.

Key Points: 
  • The United States MEWP market showcased growth at a CAGR of 8.45% during 2020-2023.
  • The United States has been experiencing a significant construction boom in recent years, driven by population growth, urbanization, and demand for residential, commercial, and industrial spaces.
  • The ongoing maintenance and repair needs of bridges contribute to sustained demand for MEWPs in the United States.
  • United States MEWP Market Size, By Boom Lifts, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Scissor Lifts, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Vertical Mass Lift, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Engine Powered, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Electric, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Hybrid, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By United States MEWP Market Size, By 10-20 Meters, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By >20 Meters, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Municipal and Industrial, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Construction & Mining, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Transportation and Logistics, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Manufacturing, By Value, 2020H-2030F (USD Million & CAGR)
    United States MEWP Market Size, By Others End-Users, By Value, 2020H-2030F (USD Million & CAGR)

dynaCERT Appoints Bernd Krueper as President & Director, Expanding Leadership Team for Global Growth and Innovation

Retrieved on: 
måndag, maj 13, 2024
Hardware, Automotive Manufacturing, Data Management, Sustainability, Manufacturing, Technology, Environment, Mining, Minerals, Trucking, Environmental Health, Maritime, Natural Resources, Transport, Software, Logistics, Supply Chain Management, Public Transport, Hydrogen, Marketing, Lead, FRA, TSX, Mercedes-Benz, Mercedes-Benz Group, Automotive industry, MTU Friedrichshafen, European, Renewable energy, ESG, Greater China, Digitalization, Rolls-Royce Power Systems, Propulsion, DYA, Carbon, MBA, Lobbying, Telematics, Service provider, Supervisory board, MTU, University, Strategic planning, Management

Mr. Jim Payne remains as Chief Executive Officer and Director of dynaCERT and continues also as Chairman of the Board.

Key Points: 
  • Mr. Jim Payne remains as Chief Executive Officer and Director of dynaCERT and continues also as Chairman of the Board.
  • Mr. Krueper brings to dynaCERT top management and C-Suite level expertise having founded and headed numerous entities.
  • Mr. Krueper also brings to dynaCERT his experience in successfully driving profitable growth, performance increases, sustainable technology road mapping and digital transformation.
  • Bernd Krueper, President & Director of dynaCERT, stated, “I am really very excited about dynaCERT's mission and its continued advancements in hydrogen technology.

Martinrea International Inc. Announces Investment in Equispheres Inc., a Supplier of High-Performance Powders for Additive Manufacturing

Retrieved on: 
tisdag, april 23, 2024
Aluminium, MRE, Propulsion, TSX, Breakthrough, Printing, MiND: Media Independence, 3D printing

This is the second investment the Company has made in Equispheres, following a C$1.0 million investment in April 2023.

Key Points: 
  • This is the second investment the Company has made in Equispheres, following a C$1.0 million investment in April 2023.
  • Equispheres is a private company developing innovative technologies for the production and use of advanced materials, for instance, high-performance aluminum powder for additive manufacturing (3D printing) applications.
  • This investment is part of a broader strategic relationship where Martinrea will provide Equispheres with advice on issues related to manufacturing, operations, and corporate strategy.
  • Equispheres’ continuing track record for driving performance improvements with additive manufacturing is truly impressive, opening doors to a wide variety of new and exciting higher-volume applications.

Unmanned Underwater Vehicles Market worth $11.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
torsdag, april 18, 2024
Homeland security, Payload, International, Miniaturization, Statistics, Commercial, Aircraft, Communication, Environment, Propulsion, Saab AB, Growth, Defense, Row, Transport

Based on the ROV- systems, the propulsion systems segment is estimated to lead the Unmanned Underwater Vehicles market from 2024 to 2030.

Key Points: 
  • Based on the ROV- systems, the propulsion systems segment is estimated to lead the Unmanned Underwater Vehicles market from 2024 to 2030.
  • Based on the AUV- system, the Payloads segment is estimated to hold the highest market share during the forecast period.
  • Based on the AUV- system, the Payloads segment is estimated to hold the highest market share during the forecast period.
  • Based on region the Asia Pacific market is estimated to accounts for largest market share during the forecast period.

Unmanned Underwater Vehicles Market worth $11.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
torsdag, april 18, 2024
Homeland security, Payload, International, Miniaturization, Statistics, Commercial, Aircraft, Communication, Environment, Propulsion, Saab AB, Growth, Defense, Row, Transport

Based on the ROV- systems, the propulsion systems segment is estimated to lead the Unmanned Underwater Vehicles market from 2024 to 2030.

Key Points: 
  • Based on the ROV- systems, the propulsion systems segment is estimated to lead the Unmanned Underwater Vehicles market from 2024 to 2030.
  • Based on the AUV- system, the Payloads segment is estimated to hold the highest market share during the forecast period.
  • Based on the AUV- system, the Payloads segment is estimated to hold the highest market share during the forecast period.
  • Based on region the Asia Pacific market is estimated to accounts for largest market share during the forecast period.

Global E-Bike Market Anticipated to Surge to $77.6 Billion by 2028: BCC Research

Retrieved on: 
tisdag, mars 19, 2024
Lithium, Transport, Configuration, Propulsion, City, Growth, Key market, CO2, Nickel–metal hydride battery, Sports equipment

BOSTON, March 19, 2024 /PRNewswire/ -- "According to the latest research study, the demand for E-Bike: Global Markets expected to grow from $44.9 billion in 2023 and projected to reach $77.6 billion by the end of 2028 at a compound annual growth rate (CAGR) of 11.6% during the forecast period 2023 to 2028."

Key Points: 
  • Class II: These e-bikes have a throttle, so you can get assistance without pedaling, also up to a certain speed.
  • By Configuration: dividing the e-bike market into two types based on their configuration:
    Regular e-bikes: These are standard e-bikes that don't fold.
  • Folding e-bikes: These e-bikes have a folding mechanism, so they can be compactly folded for easy storage or transportation.
  • This report on e-bike: global markets provide comprehensive insights and analysis, addressing the following key questions:
    What is the projected market size and growth rate of the market?

Martinrea International Inc. Announces New Software Company, MiNDCAN Inc.

Retrieved on: 
tisdag, mars 5, 2024
TSX, Ganesha, Propulsion, Product engineering, MRE, Organization, Knowledge

MiNDCAN Inc. offers software solutions created by industry professionals who have a direct view of the unique needs within their respective departments.

Key Points: 
  • MiNDCAN Inc. offers software solutions created by industry professionals who have a direct view of the unique needs within their respective departments.
  • Martinrea has developed, implemented and utilizes these applications to help improve company processes.
  • MiNDCAN Profit+™ - A cost optimization platform for idea generation across the organization, visibility on progress and reporting on financial targets.
  • MiNDCAN Sustain+™ - A program to help collect, track and report on environmental sustainability information, in a centralized location.