Aluminium

Superior Reports Full Year and Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Other Manufacturing, Aftermarket, Automotive, Engineering, Tires & Rubber, Automotive Manufacturing, General Automotive, Manufacturing, Income tax, OEM, Aluminium, Debt, Growth, Net income, Earnings, GAAP, Administration, UAW, SPG, Foreign exchange market, Development, Bank

“Our teams demonstrated incredible resilience in 2023 as we navigated a challenging operating environment that significantly weighed on our financial results.

Key Points: 
  • “Our teams demonstrated incredible resilience in 2023 as we navigated a challenging operating environment that significantly weighed on our financial results.
  • Income Tax Benefit for the fourth quarter of 2023 was $33 million, compared to an Income Tax Provision of $3 million in the fourth quarter of 2022.
  • The Company reported Cash Flow Provided by Operating Activities of $44 million in the fourth quarter of 2023, compared to $78 million in the fourth quarter of 2022.
  • Unlevered Free Cash Flow, a Non-GAAP financial measure, was $50 million for the fourth quarter of 2023, a decrease of $30 million compared to the fourth quarter of 2022.

Tredegar Plans to Release Fourth Quarter 2023 Financial Results on March 15, 2024

Retrieved on: 
Thursday, March 7, 2024
Chemicals, Plastics, Automotive Manufacturing, Construction & Property, Aerospace, Manufacturing, Technology, Mining, Minerals, Natural Resources, Other Technology, Other Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Steel, Packaging, Other Construction & Property, Aluminium, Tredegar Corporation, Corporation

Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.

Key Points: 
  • Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.
  • Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets; surface protection films for high-technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market.
  • Tredegar had 2022 sales from continuing operations of $939 million.
  • With approximately 2,000 employees, the Company operates manufacturing facilities in North America, South America, and Asia.

J.B. Poindexter & Co., Inc. to continue driving innovation at Work Truck Week 2024

Retrieved on: 
Tuesday, March 5, 2024
Trucking, EV, Electric Vehicles, Automotive, General Automotive, Vehicle Technology, Transport, Automotive Manufacturing, Manufacturing, Fleet Management, Technology Hub, Innovation, HMI, Sensor, Morgan Olson, Multimedia, Ford Transit, Aluminium, ICE, Carbon, VX, Micromobility, DCC, User interface, Safety, City, Bluetooth, C250, Partnership

J.B. Poindexter & Co., Inc. (JBPCO) business units are demonstrating how they are “Driving Innovation Together” at NTEA Work Truck Week, March 5-8, 2024, in Indianapolis, IN (Booth #601).

Key Points: 
  • J.B. Poindexter & Co., Inc. (JBPCO) business units are demonstrating how they are “Driving Innovation Together” at NTEA Work Truck Week, March 5-8, 2024, in Indianapolis, IN (Booth #601).
  • View the full release here: https://www.businesswire.com/news/home/20240306863707/en/
    J.B. Poindexter & Co., Inc. (JBPCO) business units are demonstrating how they are “Driving Innovation Together” at NTEA Work Truck Week, March 5-8, 2024, in Indianapolis, IN (Booth #601).
  • (Graphic: Business Wire)
    JBPCO encompasses the most well-known, first-class commercial truck bodies in the industry from Morgan Truck Body, LLC (Morgan Truck Body), Morgan Olson, LLC (Morgan Olson) and The Reading Truck Group, LLC (Reading Truck).
  • “Our theme at Work Truck Week this year is Driving Innovation Together,” says John Poindexter, CEO and Chairman of JBPCO.

Ankyra Therapeutics Announces First Patient Dosed in Phase 1 Clinical Trial Dose Escalation Cohort Evaluating ANK-101, an Anchored Immune Medicine, for Solid Tumors

Retrieved on: 
Tuesday, March 5, 2024
Oncology, Health, Clinical Trials, Research, Science, Pharmaceutical, Biotechnology, Mass, Toxicity, Aluminium, Neoplasm, Immunotherapy, MBA, Safety, Therapy, Tumor microenvironment, Patient, Medicine, Harvard Medical School, RDE, Trial of the century, Cancer, Pharmaceutical industry

Ankyra Therapeutics, a clinical stage biotechnology company pioneering anchored immunotherapies to treat cancer, today announced the first patient dosed in the dose escalation cohort in a Phase 1 clinical study evaluating ANK-101, a tumor-directed, anchored immune medicine for solid tumors.

Key Points: 
  • Ankyra Therapeutics, a clinical stage biotechnology company pioneering anchored immunotherapies to treat cancer, today announced the first patient dosed in the dose escalation cohort in a Phase 1 clinical study evaluating ANK-101, a tumor-directed, anchored immune medicine for solid tumors.
  • ANK-101 is currently under investigation in patients with advanced solid tumors who have failed standard of care treatments.
  • In multiple preclinical models, ANK-101 demonstrated increased immune cell infiltration into tumors without systemic toxicity.
  • “These data will provide a roadmap for advancing ANK-101 through clinical development and for identifying appropriate clinical indications for future trials,” said Joe Elassal, M.D., MBA, Chief Medical Officer of Ankyra Therapeutics.

Global Industrial Fasteners Market Outlook & Forecast 2023-2024 and 2029: Growing Prominence of Asian Manufacturing and Growth in Construction Industry Boosts Prospects - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 5, 2024
Building Systems, Manufacturing, Other Manufacturing, Other Construction & Property, Construction & Property, Nut, Construction, Copper, Ceramic, Traction, Investment, Aluminium, Growth, Overalls, Electronics, Weight, Common, Volatility, Safety, Illinois Tool Works, Metal, Steel, Plastic, Corrosion, Hilti

The global industrial fasteners market exhibits diverse regional dynamics, reflecting the unique economic landscapes and manufacturing capabilities.

Key Points: 
  • The global industrial fasteners market exhibits diverse regional dynamics, reflecting the unique economic landscapes and manufacturing capabilities.
  • The industrial fasteners market is experiencing significant growth, driven by the burgeoning prominence of Asian manufacturing.
  • The growing industrial activities in these Asian countries explain the region's role in propelling the global industrial fasteners market forward.
  • The growth trajectory of the global industrial fasteners market is closely tied to the flourishing construction industry worldwide.

Apple unveils the new 13- and 15-inch MacBook Air with the powerful M3 chip

Retrieved on: 
Monday, March 4, 2024
Apps, Applications, Technology, Photography, Audio, Video, Software, Internet, Hardware, Artificial Intelligence, VoIP, Atmos, Online, Education, IPad, TvOS, M2, Apple TV, AV1, Apple Inc., Music, IPadOS, Student, ICloud, FaceTime, Copper, IPhone, Final Cut Pro, Aluminium, Apple Watch, MacBook, MacOS, Apple Store, MagSafe, Apple Authorized Service Provider, Apple A11, Atmosphere of Earth, Memory, GPU, Ecosystem, Somatosensory system, Continuity, Silver, Microsoft, Apple Pay, Mac (computer), Light, Dolby Atmos, Multimedia, App Store (iOS/iPadOS), AirDrop, ID, Intel Core, First officer (aviation), GarageBand, Carbon, MacBook Air, System, Game, Creativity, Apple Music, Lighting, ByteDance, Magnet, Name, Intel, IMovie, AI, Friends, IOS, Page, Starlight, M1, PVC, Retina display, Family, Thunderbolt, David Acord, Mercury, Apple Card, CPU, Mobile phone

Apple® today announced the new MacBook Air® with the powerful M3 chip, taking its incredible combination of power-efficient performance and portability to a new level.

Key Points: 
  • Apple® today announced the new MacBook Air® with the powerful M3 chip, taking its incredible combination of power-efficient performance and portability to a new level.
  • View the full release here: https://www.businesswire.com/news/home/20240304158359/en/
    The new 13- and 15-inch MacBook Air soars with the powerful M3 chip, featuring a super-portable design, power-efficient performance, and all-day battery life.
  • The 13-inch MacBook Air with M3 starts at $1,099 (U.S.) and $999 (U.S.) for education, and the 15‑inch MacBook Air with M3 starts at $1,299 (U.S.) and $1,199 (U.S.) for education.
  • Apple, the Apple logo, MacBook Air, Liquid Retina, MagSafe, macOS, Final Cut Pro, Mac, FaceTime, Magic Keyboard, Touch ID, Apple Pay, iPhone, Safari, Stage Manager, AirDrop, Handoff, Freeform, iMovie, GarageBand, Pages, Numbers, Keynote, Apple Store, Apple Trade In, Apple Card, and Daily Cash are trademarks of Apple.

Fonon Corporation Highlights Its Laser Cutting Technology for Heavy Equipment Manufacturing

Retrieved on: 
Friday, March 1, 2024
Machinery, Hardware, Machine Tools, Metalworking & Metallurgy, Other Construction & Property, Technology, Construction & Property, Other Manufacturing, Steel, Packaging, Engineering, Aerospace, Manufacturing, Titan, Copper, Dust, Temperature, Aluminium, Vibration, Metal, CO2, Laser, Corporation, Printed circuit board

Fonon Corporation , a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights applications for its Titan FX Laser Cutting Systems for heavy equipment manufacturing.

Key Points: 
  • Fonon Corporation , a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights applications for its Titan FX Laser Cutting Systems for heavy equipment manufacturing.
  • Fonon Corporation’s Titan FX Laser Cutting System presents the most advanced, high-performance, reliable, cost-effective way to cut reflective metal.
  • For these reasons, Fonon’s Laser Cutting Technology continues to gain momentum for this and other industries working with highly reflective metals.
  • For more information about Fonon Corporation's Laser Cutting Technology for highly reflective metals, please visit https://fonon.com .

MetalX Selects Thoughtworks for Legacy Modernization and New Product Delivery

Retrieved on: 
Thursday, February 29, 2024
Software, Internet, Professional Services, Data Management, Recycling, Technology, Artificial Intelligence, Environment, Other Professional Services, Green Technology, Other Technology, Consulting, Engineering, Aluminium, Growth, CIO, Metal, Region

Thoughtworks will be taking an agile and lean approach to modernizing existing systems to ensure that current and new solutions can scale and adapt to evolving business requirements.

Key Points: 
  • Thoughtworks will be taking an agile and lean approach to modernizing existing systems to ensure that current and new solutions can scale and adapt to evolving business requirements.
  • MetalX is recognized as an innovative leader in the recycling industry, providing smart solutions and unrivaled service for suppliers and consumers.
  • The MetalX and Thoughtworks engineering teams will also leverage delivery best practices - fast feedback, clean code, simplicity and repeatability - to more rapidly unleash business value.
  • “We’re excited to be working with MetalX in its journey to accelerate value creation through extraordinary digital products powered by integrated technology and design.”

Global Aerospace and Defense Materials Market Set to Surge to $34.4 Billion by 2030, with Notable Growth in Chinese Sector - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 29, 2024
Defense, Aerospace, Manufacturing, Other Defense, Artificial intelligence, Cloud computing, Aluminium, Renewable energy

Amidst evolving global dynamics and technological advancements, the aerospace and defense materials industry marks a significant stride, projecting an encouraging growth trajectory towards a $34.4 billion evaluation by the year 2030.

Key Points: 
  • Amidst evolving global dynamics and technological advancements, the aerospace and defense materials industry marks a significant stride, projecting an encouraging growth trajectory towards a $34.4 billion evaluation by the year 2030.
  • This compelling development emerges from a comprehensive analysis underscoring key market segments, including an uptick in the demand and application of composites within the sector.
  • The in-depth report emphasizes a compounded annual growth rate (CAGR) of 2.4% over an 8-year review period, spanning from 2022 to 2030.
  • For industry participants and investors alike, the findings provide a roadmap to navigate and capitalize on the opportunities ahead in this vibrant market sector.

Cyclic Materials Announces Capacity to Recycle Wind Turbine Generators and MRI Machines

Retrieved on: 
Tuesday, February 27, 2024
Sustainability, Recycling, Green Technology, Environment, Copper, Dysprosium, Aluminium, Terbium, Praseodymium, Element, Metal, Steel, Rare-earth element, Cycle, Neodymium, Magnet, MRI, Wind, Partnership

Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, has expanded its operations to accept two new feedstock streams: wind turbine generators and MRI machines.

Key Points: 
  • Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, has expanded its operations to accept two new feedstock streams: wind turbine generators and MRI machines.
  • Through its strong partnership network, Cyclic has already sourced 37 MW capacity of wind turbine generators containing permanent magnets, and 116,000 pounds of MRI machines.
  • Both wind turbine generators and MRI machines contain valuable materials such as neodymium, praseodymium, dysprosium, terbium and copper.
  • The company currently seeks additional sources for end-of-life wind turbine generators, MRI machines and other materials such as automotive parts and manufacturing waste.