Engines

Cummins Inc. Increases Quarterly Common Stock Dividend

Retrieved on: 
Tuesday, July 13, 2021
Other Energy, Oil, Gas, General Automotive, Public transport, Energy, Automotive, Trucking, Rail, Engineering, Maritime, Transport, Automotive Manufacturing, Manufacturing, Engines, Dividend, Shareholders, Cummins, New York Stock Exchange

The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share.

Key Points: 
  • The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share.
  • The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021.
  • Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020.
  • These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA.

FADEC Alliance Delivers 10,000th LEAP Electronic Engine Controller

Retrieved on: 
Tuesday, July 13, 2021
Defense, Other Defense, Other Manufacturing, Contracts, Technology, Aerospace, Manufacturing, Other Technology, Turbofan engines, Engines, Avionics, FADEC, CFM International LEAP, CFM International, Fuel control unit

FADEC Alliance, a joint venture that includes BAE Systems and Safran, recently delivered its 10,000th LEAP electronic engine controller (EEC) for the CFM International LEAP engine family.

Key Points: 
  • FADEC Alliance, a joint venture that includes BAE Systems and Safran, recently delivered its 10,000th LEAP electronic engine controller (EEC) for the CFM International LEAP engine family.
  • The LEAP EEC is part of the full authority digital engine control (FADEC) used to monitor and control aircraft engine performance during flight.
  • View the full release here: https://www.businesswire.com/news/home/20210713005274/en/
    The LEAP EEC, produced and delivered by FADEC Alliance, is part of the full authority digital engine control used to monitor and control aircraft engine performance during flight.
  • The LEAP FADEC leveraging two identical EECs controls all aspects of aircraft engine performance, including engine fuel flow and variable engine geometries.

Allegis Global Solutions Named a 2020 Supplier of the Year Winner by General Motors

Retrieved on: 
Tuesday, July 13, 2021
Automotive industry, Companies, Engines, SAIC-GM-Wuling, General Motors, Baojun, Buick, Chevrolet, GMC

HANOVER, Md., July 13, 2021 /PRNewswire-PRWeb/ -- Allegis Global Solutions (AGS), the leading provider of global workforce solutions, was named a General Motors (GM) 2020 Supplier of the Year for Contract Labor at a virtual ceremony in June.

Key Points: 
  • HANOVER, Md., July 13, 2021 /PRNewswire-PRWeb/ -- Allegis Global Solutions (AGS), the leading provider of global workforce solutions, was named a General Motors (GM) 2020 Supplier of the Year for Contract Labor at a virtual ceremony in June.
  • The 2020 Supplier of the Year winners were selected by a global team of GM purchasing, engineering, quality, manufacturing and logistics leaders.
  • General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet , Buick , GMC , Cadillac , Baojun and Wuling brands.
  • Allegis Global Solutions (AGS) is a leading provider of talent solutions.

Gentherm Named Top North American Supplier by Honda

Retrieved on: 
Tuesday, July 13, 2021
Motor vehicles, Engines, Automotive industry, Honda, Acura

NORTHVILLE, Mich., July 13, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company was named a top North American Supplier by Honda.

Key Points: 
  • NORTHVILLE, Mich., July 13, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company was named a top North American Supplier by Honda.
  • In North America, Honda works with 743 suppliers who provide parts to the Company's 16 plants in the region that produce Honda and Acura cars and light trucks.
  • Hondas OEM Supplier Awards are presented in four categories: Excellence in Quality and Delivery, Excellence in Value, Supplier Sustainability and Honda Service Parts Suppliers Award.
  • We are proud to be honored as a Top North American Supplier for our Excellence in Value, said Phil Eyler, President and CEO of Gentherm.

The 10 Millionth Engine of GWM is Born and another 23 power plans announced

Retrieved on: 
Monday, July 12, 2021
Engines, Internal combustion engine, Naturally aspirated engine

Since its establishment, HYCET has been devoted to breakthroughs and innovations, with the ability of "one-stop" product development.

Key Points: 
  • Since its establishment, HYCET has been devoted to breakthroughs and innovations, with the ability of "one-stop" product development.
  • Its independently-developed GW4C20B 2.0T gasoline engine has won the title of "The Best Engines of China" seven times.
  • The 10 millionth engine that rolled off the assembly line this time is a 1.5T in-cylinder direct-injection gasoline engine whose model is 4B15C.
  • At present, HYCET has successfully launched the 1.5L naturally aspirated gasoline engine 4G15H which is specially designed for hybrid electrical vehicles.

The 10 Millionth Engine of GWM is Born and another 23 power plans announced

Retrieved on: 
Monday, July 12, 2021
Engines, Internal combustion engine, Gasoline, Inhalants, Petrol engine

Since its establishment, HYCET has been devoted to breakthroughs and innovations, with the ability of "one-stop" product development.

Key Points: 
  • Since its establishment, HYCET has been devoted to breakthroughs and innovations, with the ability of "one-stop" product development.
  • It has built a national product laboratory with the world's leading experiment and testing capacity and scientific R&D strength.
  • Its independently-developed GW4C20B 2.0T gasoline engine has won the title of "The Best Engines of China" seven times.
  • The 10 millionth engine that rolled off the assembly line this time is a 1.5T in-cylinder direct-injection gasoline engine whose model is 4B15C.

'The Flight Of The Monarch Butterfly - The Pollinator Project' To Air On Discovery, Science Channel And Animal Planet

Retrieved on: 
Monday, July 12, 2021
Companies, Lepidoptera, Engines, Toyota, Toyota Group, Sustainability, Monarch butterfly

"The Flight of the Monarch Butterfly The Pollinator Project"willexplore the latest science, learnings and the species' survival issues in its world premiere Sunday, July 25 at 8:30 a.m. (ET/PT) on Discovery, Thursday, July 29 at 5 p.m. (ET/PT) on the Science Channel and Saturday, July 31 at 8 a.m. (ET/PT)on Animal Planet.

Key Points: 
  • "The Flight of the Monarch Butterfly The Pollinator Project"willexplore the latest science, learnings and the species' survival issues in its world premiere Sunday, July 25 at 8:30 a.m. (ET/PT) on Discovery, Thursday, July 29 at 5 p.m. (ET/PT) on the Science Channel and Saturday, July 31 at 8 a.m. (ET/PT)on Animal Planet.
  • It also addresses what the declining population could mean for the future of the broader ecosystem.
  • "Sustainability is at the heart of our decision making," said Kevin Butt, Toyota Motor North America's environmental sustainability director.
  • Toyota has created a tremendous value chain and directly employs more than 47,000 in North America.

Chemico Group Recognized by Toyota For Excellence in Supplier Performance

Retrieved on: 
Monday, July 12, 2021
Companies, Engines, Economy of Japan, Toyota Group, Toyota

SOUTHFIELD, Mich., July 12, 2021 /PRNewswire-PRWeb/ -- The Chemico Group , the largest veteran and minority-owned chemical management supplier, received the 2021 Excellent Performance Award from Toyota Motor North America, Inc. (TMNA) during its Annual Supplier Business Meeting held virtually late April.

Key Points: 
  • SOUTHFIELD, Mich., July 12, 2021 /PRNewswire-PRWeb/ -- The Chemico Group , the largest veteran and minority-owned chemical management supplier, received the 2021 Excellent Performance Award from Toyota Motor North America, Inc. (TMNA) during its Annual Supplier Business Meeting held virtually late April.
  • Chemico was one of several indirect supplier companies that received Awards of Excellence or special recognition.
  • "We are truly honored that our supplier performance has been recognized by Toyota Motor North America for a fourth year," said Leon C. Richardson, President and CEO, Chemico Group.
  • Chemico Group is comprised of two distinct business entities -- Chemico LLC (chemical management) and Chemico Systems (chemical products and distribution).

How the $2.5 Trillion Infrastructure Bill Could Send EV Stocks Soaring

Retrieved on: 
Monday, July 12, 2021
Engines, Companies

With the F-150 being the best-selling vehicle in America for 39 years and running, this could be a huge turning point for the EV industry.

Key Points: 
  • With the F-150 being the best-selling vehicle in America for 39 years and running, this could be a huge turning point for the EV industry.
  • Those who invested a year ago were able to more than double their money during a very tough year for most companies.
  • Facedrive's signature ridesharing service allows riders to take their pick between catching a ride in an EV, hybrid, or gas-powered vehicle.
  • Now, instead of footing the $40,000 bill to get a new EV truck, customers can get in and drive their own at just a small fraction of that cost.

How the $2.5 Trillion Infrastructure Bill Could Send EV Stocks Soaring

Retrieved on: 
Monday, July 12, 2021
Engines, Companies

With the F-150 being the best-selling vehicle in America for 39 years and running, this could be a huge turning point for the EV industry.

Key Points: 
  • With the F-150 being the best-selling vehicle in America for 39 years and running, this could be a huge turning point for the EV industry.
  • Those who invested a year ago were able to more than double their money during a very tough year for most companies.
  • Facedrive's signature ridesharing service allows riders to take their pick between catching a ride in an EV, hybrid, or gas-powered vehicle.
  • Now, instead of footing the $40,000 bill to get a new EV truck, customers can get in and drive their own at just a small fraction of that cost.