GDI

 PHINIA Reports Solid Q4 and Full Year 2023 Results, Introduces 2024 Outlook

Retrieved on: 
Wednesday, February 21, 2024

Q4 2023 segment adjusted operating margins were healthy at 12.6%, 90 bps ahead of the average segment adjusted operating margin for the first 9 months of the year.

Key Points: 
  • Q4 2023 segment adjusted operating margins were healthy at 12.6%, 90 bps ahead of the average segment adjusted operating margin for the first 9 months of the year.
  • I’m pleased with our teams’ focus on serving our customers while closing out 2023 with solid cost and margin performance.
  • The Company will host a conference call to review fourth quarter 2023 results and full year 2024 outlook and take questions from the investment community at 8:30 a.m.
  • This call will be webcast at PHINIA Q4 2023 Earnings Call.

Imperial Dade Canada Signs Definitive Agreement to Acquire Superior SANY Solutions From GDI Integrated Facility Services, Inc. (TSX: GDI)

Retrieved on: 
Thursday, February 1, 2024

Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the definitive agreement to acquire the distribution business of Superior SANY Solutions (“Superior” or the “Company”).

Key Points: 
  • Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the definitive agreement to acquire the distribution business of Superior SANY Solutions (“Superior” or the “Company”).
  • The transaction represents the 78th acquisition for Imperial Dade and 8th for Imperial Dade Canada under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively.
  • Under the GDI Integrated Facility Services, Inc. ownership, Superior SANY Solutions, headquartered in Oakville, Ontario, has transformed into a mainstay of the Canadian janitorial sanitation distribution industry.
  • "On behalf of Imperial Dade, congratulations to GDI and the Superior team for building a fantastic organization.

Standard Motor Products Announces 208 New Numbers

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) is pleased to announce the introduction of 208 new part numbers in its January new number announcement. This most recent release provides new coverage in 72 distinct product categories and 115 part numbers for 2022, 2023 and 2024 model-year vehicles.

Key Points: 
  • NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) is pleased to announce the introduction of 208 new part numbers in its January new number announcement.
  • This most recent release provides new coverage in 72 distinct product categories and 115 part numbers for 2022, 2023 and 2024 model-year vehicles.
  • Powertrain-Neutral categories represent growing service opportunities, and service providers can count on Standard® for late-model coverage in these key categories.
  • Jack Ramsey, Senior Vice President of Sales and Marketing, SMP, stated, "We're starting the year strong, with 208 new numbers added to our best-in-industry product lines.

The three initiatives China put forward have resonated warmly with the world

Retrieved on: 
Saturday, January 20, 2024

Misunderstandings, estrangement and conflicts among civilizations still exist, and the deficits in peace, development, security and governance are growing.

Key Points: 
  • Misunderstandings, estrangement and conflicts among civilizations still exist, and the deficits in peace, development, security and governance are growing.
  • It is widely recognized that peace and stability, material sufficiency, and cultural-ethical enrichment represent the basic goals of human society.
  • The GDI, GSI, and GCI proposed by Xi guide the advance of human society across these three dimensions.
  • China's actions to implement the GSI have been firm and resolute, which continuously enhances the initiative's appeal and influence.

Groupe Dynamite Inc. Announces Appointment of Chief Financial Officer

Retrieved on: 
Thursday, January 18, 2024

MONTREAL, Jan. 18, 2024 /PRNewswire/ -- Groupe Dynamite Inc. ("GDI"), a leading integrated retailer in fashion, is pleased to announce the appointment of Jean-Philippe D. Lachance as its Chief Financial Officer ("CFO"), effective January 8, 2024.

Key Points: 
  • MONTREAL, Jan. 18, 2024 /PRNewswire/ -- Groupe Dynamite Inc. ("GDI"), a leading integrated retailer in fashion, is pleased to announce the appointment of Jean-Philippe D. Lachance as its Chief Financial Officer ("CFO"), effective January 8, 2024.
  • This move comes as part of GDI's commitment to growing the strength of its executive team and further driving financial excellence across the organization.
  • With an extensive background in Corporate Finance and Treasury, Jean-Philippe D. Lachance brings an exceptional track record of success along with his wealth of experience.
  • In his new role as CFO, Mr. D. Lachance will oversee GDI's financial organization, as well as the company's short and long-term strategic financial initiatives.

Kia Canada set to unveil the refreshed 2024 Sorento at the Montreal International Auto Show

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 /CNW/ - The 2024 Kia Sorento will be making its debut at the Montreal International Auto Show with a bold exterior redesign, an up-scaled interior and next-generation technology.

Key Points: 
  • TORONTO, Jan. 15, 2024 /CNW/ - The 2024 Kia Sorento will be making its debut at the Montreal International Auto Show with a bold exterior redesign, an up-scaled interior and next-generation technology.
  • The rear of the 2024 Kia Sorento has been refreshed to incorporate Kia's sophisticated design philosophy.
  • As first seen in Kia's flagship vehicle, the 2024 EV9, the 2024 Sorento features Kia's next-generation, ultramodern Connected Car Navigation Cockpit (ccNC) operating system.
  • The 2024 Kia Sorento is now in production and ready for ordering at dealers across Canada and will be on display at the Montreal International Autoshow Jan 19th – 28th, 2024 for the first time in Canada.

Standard Motor Products Expands Gas Fuel Injection Program Offering

Retrieved on: 
Thursday, January 4, 2024

NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to expand its aftermarket-leading Gasoline Fuel Injection program. With more than 2,100 part numbers, Standard® offers the most complete program in the industry, including everything needed for a complete repair.

Key Points: 
  • Standard's Gasoline Fuel Injection program features more than 2,100 parts, including GDI, MFI and TBI Injectors and related parts for the most complete program in the industry
    SMP-manufactured all-new Injectors are built in SMP's IATF 16949-certified Greenville, South Carolina facility
    NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to expand its aftermarket-leading Gasoline Fuel Injection program.
  • Standard's complete Fuel Injection program features over 1,100 all-new, not remanufactured, Gasoline Direct Injection (GDI), Multi-Port Fuel Injection (MFI) and Throttle Body Injection (TBI) Injectors, as well as Fuel Injector Multi-Packs for a complete repair solution.
  • In addition to Injectors, the Standard® program also includes High-Pressure Fuel Pumps and Kits, Fuel Injector Rail Kits, Fuel Pressure Sensors, Fuel Feed Lines, Fuel Pressure Regulators, GDI Service Kits, Fuel Pressure Sensor Connectors, Camshaft Followers and more for a complete line of GDI components, with coverage for import and domestic vehicles through the 2023 model year.
  • All new Standard® Fuel Injection applications are listed in the eCatalog found at StandardBrand.com, and in electronic catalog providers.

2024 KIA SPORTAGE EARNS IIHS TOP SAFETY PICK+ AWARD

Retrieved on: 
Thursday, December 14, 2023

IRVINE, Calif., Dec. 14, 2023 /PRNewswire/ -- The 2024 Kia Sportage has been awarded the Insurance Institute of Highway Safety (IIHS) 2023 TOP SAFETY PICK+ (TSP+) rating.

Key Points: 
  • IRVINE, Calif., Dec. 14, 2023 /PRNewswire/ -- The 2024 Kia Sportage has been awarded the Insurance Institute of Highway Safety (IIHS) 2023 TOP SAFETY PICK+ (TSP+) rating.
  • Under the more stringent requirements, the 2024 Sportage earned a "good" rating in all four of the crashworthiness evaluations and qualified for the high-tier award thanks to the standard LED projection headlamps it received for the 2024 model year.
  • "Kia's longest running nameplate continues to improve and deliver for today's savvy and adventurous compact SUV buyers," said Steven Center, COO and EVP, Kia America.
  • The roof strength, head restraint and vehicle-to-vehicle front crash prevention evaluations are no longer part of the award criteria.

Marelli launches its new fuel system for hydrogen propulsion systems at CTI Symposium 2023 in Germany

Retrieved on: 
Tuesday, December 5, 2023

DETROIT, Dec. 5, 2023 /PRNewswire/ -- Marelli presents its first hydrogen fuel system, including specific injectors with patented design and an advanced Engine Control Unit.

Key Points: 
  • DETROIT, Dec. 5, 2023 /PRNewswire/ -- Marelli presents its first hydrogen fuel system, including specific injectors with patented design and an advanced Engine Control Unit.
  • This state-of-the-art solution is aimed at hydrogen engines, which are similar to traditional endothermic engines but use hydrogen as fuel, producing no CO2 emissions, thus representing an interesting option for eco-mobility.
  • Based on the company's expertise in the high-pressure direct injection technology, the new Marelli's fuel system meets the strict requirements of these engines, ensuring precision, efficiency, performance, easy integration and complexity reduction.
  • Marelli will present this new technology at booth G12 at the CTI Symposium 2023, one of the largest international industry events in Europe

U.S. Strategic Command selects CGI for advanced data integration services

Retrieved on: 
Wednesday, November 15, 2023

FAIRFAX, Va., Nov. 15, 2023 /PRNewswire/ -- CGI Federal Inc. (CGI) , the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced the award of a five-year contract from U.S. Strategic Command (USSTRATCOM) to develop and maintain data integration hardware, systems, and software across the command's Global Data Integration (GDI) environment.

Key Points: 
  • FAIRFAX, Va., Nov. 15, 2023 /PRNewswire/ -- CGI Federal Inc. (CGI) , the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced the award of a five-year contract from U.S. Strategic Command (USSTRATCOM) to develop and maintain data integration hardware, systems, and software across the command's Global Data Integration (GDI) environment.
  • Through advanced data usage and integration capabilities, CGI will enable USSTRATCOM to deliver more safe, secure, and effective operations.
  • "Data is essential and integral to USSTRATCOM's mission," said Stephanie Mango, President, CGI Federal.
  • CGI teams will deploy a wide range of data fusion and transformation solutions to strengthen and extend USSTRATCOM's operations, scope, capabilities, and resilience.