TI Fluid Systems

WILKO Plastics, Inc. William E. Kozyra II is honored as a Rising Star

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Monday, September 11, 2023
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DETROIT, Sept. 11, 2023 /PRNewswire/ -- William E. Kozyra II, President of WILKO Plastics has been named a 2023 Automotive News Rising Star.

Key Points: 
  • DETROIT, Sept. 11, 2023 /PRNewswire/ -- William E. Kozyra II, President of WILKO Plastics has been named a 2023 Automotive News Rising Star.
  • Kozyra left TI Fluid Systems in 2022 when he and father, William L. Kozyra, acquired Alco Plastics, founded in 1976.
  • The leading Plastic Injection Molding business is growing under William E. Kozyra II and is positioned to be an automotive innovator into the future.
  • "I am honored to be recognized as a Rising Star by Automotive News for 2023," said Kozyra.

WILKO PLASTICS, FORMERLY ALCO PLASTICS, INTRODUCES NEW BRANDING FOR STRATEGIC GROWTH

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Thursday, September 7, 2023
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The company is gearing up for strategic growth in the automotive plastic injection business and has chosen to change its name and corporate branding to reflect the ownership change and position itself for expansion and new business lines, said William E. Kozyra II, President of WILKO Plastics.

Key Points: 
  • The company is gearing up for strategic growth in the automotive plastic injection business and has chosen to change its name and corporate branding to reflect the ownership change and position itself for expansion and new business lines, said William E. Kozyra II, President of WILKO Plastics.
  • "It has been an exciting year of growth, process improvements and success as we strive to be a leader and innovator in this complex part of the automotive industry," said Kozyra.
  • Kozyra said the company has some 130 employees and operates three shifts at three production facilities in Romeo, Michigan.
  • The company produces some 75 million molded parts per year and ships products to customers in the USA and 15 countries.

TI to webcast capital management review

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Wednesday, January 25, 2023
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DALLAS, Jan. 25, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast the company's capital management review on Thursday, February 2, at 10 a.m. Central time.

Key Points: 
  • DALLAS, Jan. 25, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast the company's capital management review on Thursday, February 2, at 10 a.m. Central time.
  • During the webcast, Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will share TI's strategy to maximize long-term growth of free cash flow per share.
  • They will also review TI's 2022 performance against its stated capital management metrics and discuss management's expectations for performance in the years ahead.
  • You can access the webcast on the Investor Relations section of the company's website at www.ti.com/ir .

REDICO Closes on Acquisition and Development Project for TI Fluid Systems Corporate Offices in Auburn Hills

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Wednesday, February 8, 2023
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Auburn Hills, MI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- REDICO , a national, full-service real estate development and investment company, along with their partner, the Yellen Family Office, recently closed on the acquisition and planned development project for the Auburn Hills corporate offices of TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology.

Key Points: 
  • Auburn Hills, MI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- REDICO , a national, full-service real estate development and investment company, along with their partner, the Yellen Family Office, recently closed on the acquisition and planned development project for the Auburn Hills corporate offices of TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology.
  • TI is really excited about extending their partnership with Auburn Hills and Cunningham-Limp and really looking forward to their new partnership with REDICO,” said TI Fluid Systems Global Real Estate Director, Matthew Johnston.
  • “For us, this project is really about bringing TI Fluid Systems’ vision to life.
  • “The corporate office's extension illustrates TI Fluid Systems' long-standing commitment to the Detroit area,” said Bockart.

NEWPARK RESOURCES ANNOUNCES RETIREMENT OF BOARD CHAIRMAN

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Friday, December 2, 2022
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THE WOODLANDS, Texas, Dec. 2, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that Anthony J.

Key Points: 
  • THE WOODLANDS, Texas, Dec. 2, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that Anthony J.
  • No decision has been made by the Board regarding the succession of the Chairman position following Mr. Best's retirement.
  • Effective upon Mr. Best's retirement, the Board has determined to reduce its size from eight directors to seven directors.
  • Separately, the Company also announced today that the Board has elected to reduce the total compensation of its non-executive members (including the Chairman of the Board) by approximately 15%, with such reduction taking effect on January 1, 2023.

Parker Aerospace Announces Agreement with the U.S. Air Force and the Defense Logistics Agency for Five-Year Performance-Based Logistics Contract

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Monday, July 18, 2022
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Parker Aerospace , a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced an agreement with the Defense Logistics Agency and the U.S. Air Force for a five-year performance-based logistics (PBL) contract covering hydraulic equipment across five key Air Force platforms.

Key Points: 
  • Parker Aerospace , a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced an agreement with the Defense Logistics Agency and the U.S. Air Force for a five-year performance-based logistics (PBL) contract covering hydraulic equipment across five key Air Force platforms.
  • Under the sustainment agreement, Parker Aerospace will provide supply chain, engineering and field service support at the Ogden Air Logistics Complex at Hill Air Force Base in Utah under pre-negotiated fixed rates.
  • View the full release here: https://www.businesswire.com/news/home/20220717005042/en/
    Senior leaders during the ceremonial signing of a performance-based logistics contract June 27, 2022, at Hill Air Force Base, Utah.
  • Under the agreement, Parker Aerospace will provide supply chain, engineering and field service support at the Ogden Air Logistics Complex covering hydraulic equipment for five Air Force platforms.

NEWPARK RESOURCES REPORTS FIRST QUARTER 2022 RESULTS

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Tuesday, May 3, 2022
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THE WOODLANDS, Texas, May 3, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its first quarter ended March 31, 2022. Total revenues for the first quarter of 2022 were $176.4 million compared to $179.6 million for the fourth quarter of 2021 and $141.2 million for the first quarter of 2021. Net income for the first quarter of 2022 was $2.5 million, or $0.03 per diluted share, compared to a net loss of $3.7 million, or ($0.04) per share, for the fourth quarter of 2021, and a net loss of $5.4 million, or ($0.06) per share, for the first quarter of 2021. The first quarter 2022 results include the impact of the following:

Key Points: 
  • Company reports revenues of $176 million, operating income of $1.0 million, net income of $2.5 million, and EBITDA of $11.4 million; Completes U.S. bank facility amendment
    THE WOODLANDS, Texas, May 3, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its first quarter ended March31, 2022.
  • Total revenues for the first quarter of 2022 were $176.4 million compared to $179.6 million for the fourth quarter of 2021 and $141.2 million for the first quarter of 2021.
  • Combined, the above items provided a $0.03 net benefit to earnings per diluted share for the first quarter of 2022.
  • Segment operating income was $5.5 million for the first quarter of 2022 compared to operating income of $8.4 million for the fourth quarter of 2021 and $13.1 million for the first quarter of 2021.

Supply Chain, Restructuring and Manufacturing Turnaround Consultancy Seraph Names Thomas Kowal as President

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Wednesday, March 23, 2022
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DETROIT, March 23, 2022 /PRNewswire/ -- Global supply chain, restructuring and manufacturing turnaround consulting firm Seraph has named Thomas Kowal as President, following his 3-year tenure at the firm preceded by close to two decades in the automotive manufacturing space. Thomas leads a team with extraordinary depth and breadth of experience, with former Chief Operating Officers, Plant Managers, VPs of Operations, and other leaders and specialists. Companies across a range of vertical markets trust and regularly deploy Seraph's consultants for their most difficult problems across facilities and supply chains.

Key Points: 
  • DETROIT, March 23, 2022 /PRNewswire/ -- Global supply chain, restructuring and manufacturing turnaround consulting firm Seraph has named Thomas Kowal as President, following his 3-year tenure at the firm preceded by close to two decades in the automotive manufacturing space.
  • Companies across a range of vertical markets trust and regularly deploy Seraph's consultants for their most difficult problems across facilities and supply chains.
  • "I am honored to have the opportunity to lead Seraph's strong team in delivering exceptional results at an extraordinary time for manufacturing," said Thomas Kowal, President of Seraph.
  • Global supply chain, restructuring and manufacturing turnaround consulting firm Seraph improves enterprise strategy for its clients.

TI to webcast capital management review

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Wednesday, January 26, 2022
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DALLAS, Jan. 26, 2022 /PRNewswire/ --Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast the company's capital management review on Thursday, February 3, at 10 a.m. Central time.

Key Points: 
  • DALLAS, Jan. 26, 2022 /PRNewswire/ --Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast the company's capital management review on Thursday, February 3, at 10 a.m. Central time.
  • They will also review TI's 2021 performance against its stated capital management metrics and discuss management's expectations for performance in the years ahead.
  • You may access the webcast on the Investor Relations section of the company's website at www.ti.com/ir .
  • An archived copy of the webcast will be available shortly after the call concludes.

DGAP-News: Alzchem positions itself in e-mobility in the fuel cell sector as a technology provider in the production of hydrogen tanks

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Wednesday, December 1, 2021
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Andreas Niedermaier, CEO of Alzchem Group AG: "With our DYHARD(R) Fluid System, we are addressing all types of e-mobility based on fuel cell technology, i.e.

Key Points: 
  • Andreas Niedermaier, CEO of Alzchem Group AG: "With our DYHARD(R) Fluid System, we are addressing all types of e-mobility based on fuel cell technology, i.e.
  • This is where we first expect the breakthrough for fuel cell technology.
  • Another target market for fuel cell technology and thus hydrogen pressure cylinders will be rail transport.
  • This enables us to address the entire market spectrum of e-mobility based on fuel cell technology.