Detroit Diesel

John O'Leary will join Portland General Electric board of directors, effective January 1, 2024

Retrieved on: 
Friday, October 20, 2023
POR, Western Star, NYSE, O'Leary, Committee on Finance, Treasury, City of London Finance Committee, Transport, Thomas Built Buses, DTNA, Daimler Truck North America, Electronics, PGE, Vulnerability and Risk Committee, Detroit Diesel, Portland General Electric, Audit, Mercedes-Benz Truck Racing, Automotive industry, Freightliner

Portland, Ore., Oct. 20, 2023 /PRNewswire/ -- John O'Leary has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective January 1, 2024.

Key Points: 
  • Portland, Ore., Oct. 20, 2023 /PRNewswire/ -- John O'Leary has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective January 1, 2024.
  • "We are pleased to welcome John to the PGE Board," said Jim Torgerson, chair of PGE's board of directors.
  • "John brings deep financial expertise and is at the forefront of the commercial vehicle industry as it transforms and accelerates production of zero-emission vehicles.
  • A seasoned executive and Oregon business leader, John will help us further our operating performance and position the company during period of rapid change."

Sypris Reports First Quarter Results

Retrieved on: 
Tuesday, May 16, 2023
Engineering, Aftermarket, Automotive, Automotive Manufacturing, Manufacturing, Other Manufacturing, United States Navy, Daimler Truck North America, United States Department of Defense, Eastern Time Zone, Electronics, Growth, OEM, Detroit Diesel, Cryptocurrency, Cassette tape, Retail, Video game, Rail transport, Renewable energy

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 2, 2023.

Key Points: 
  • Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 2, 2023.
  • Orders for Sypris Technologies energy products increased 25.7% during the first quarter compared to the same period in 2022, pushing backlog up 61.0% over the prior-year period and 19.6% from year end.
  • “Shipment of Sypris Technologies energy products increased 27.0% year-over-year, while orders during the quarter increased 25.7%.
  • Revenue for Sypris Electronics was $12.8 million in the first quarter of 2023 compared to $9.0 million for the prior-year period.

Westport Fuel Systems Welcomes New Executive Vice President of Product Development and Chief Technology Officer

Retrieved on: 
Monday, May 1, 2023
TSX, Redon, Ille-et-Vilaine, Transport, BAE Systems Inc., Achates Power, Detroit Diesel, WPRT, General Motors, Management

VANCOUVER, British Columbia, May 01, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, today announced the appointment of Fabien G. Redon as the company’s chief technology officer (CTO) and executive vice president of product development.

Key Points: 
  • VANCOUVER, British Columbia, May 01, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, today announced the appointment of Fabien G. Redon as the company’s chief technology officer (CTO) and executive vice president of product development.
  • In this role, Redon will report directly to David M. Johnson, the company’s chief executive officer.
  • As chief technology officer and executive vice president, Redon will be responsible for developing and delivering clean alternative fuel systems products from concept to customers in the global transportation and off-road markets while effectively implementing global integration strategies to optimize resource utilization worldwide.
  • “Fabien brings a wealth of technical leadership experience to Westport that is ideal for continued advancement of innovation and technology while driving efficiencies,” said David M. Johnson, chief executive officer of Westport Fuel Systems.

Sypris Reports Fourth Quarter Results

Retrieved on: 
Thursday, March 16, 2023
Engineering, Aftermarket, Automotive, Automotive Manufacturing, Manufacturing, Other Manufacturing, United States Department of Defense, Detroit Diesel, Eastern Time Zone, Forgiveness, OEM, DOD, Growth, Electronics, Navy, Daimler Truck North America, Cryptocurrency, Video game, Rail transport, Mobile phone

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2022.

Key Points: 
  • Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2022.
  • During the quarter, Sypris Electronics announced an amendment to an existing multi-year supply agreement to increase deliveries for a large, mission-critical Navy program.
  • Revenue for Sypris Technologies increased to $17.2 million in the fourth quarter of 2022, compared to $14.7 million for the prior-year period.
  • Revenue for Sypris Electronics increased to $12.5 million in the fourth quarter of 2022 compared to $11.1 million for the prior-year period.

Sypris Awarded Additional Volume With Global Truck OEM

Retrieved on: 
Tuesday, March 7, 2023
Aftermarket, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Fleet Management, Detroit Diesel, DDC, Mining, Daimler Truck North America, Agriculture, Daimler Truck, Automotive industry

Daimler Truck North America is itself a subsidiary of Daimler Truck Holding AG (“Daimler Truck”), one of the world’s largest commercial vehicle manufacturers.

Key Points: 
  • Daimler Truck North America is itself a subsidiary of Daimler Truck Holding AG (“Daimler Truck”), one of the world’s largest commercial vehicle manufacturers.
  • The components produced by Sypris are essential to the performance of the drive axles of Freightliner’s heavy-duty vehicles.
  • Production of these additional part numbers under the amended contract are expected to commence in early 2023.
  • Detroit is a brand of Detroit Diesel Corporation, a subsidiary of Daimler Truck North America.

Stoneridge Elects Carsten J. Reinhardt to Board of Directors

Retrieved on: 
Tuesday, February 21, 2023
Original equipment manufacturer, University of Hertfordshire, NYSE, SRI, Engineering, University, Voith turbo transmissions, Esslingen University of Applied Sciences, Detroit Diesel, Freightliner, Daimler Truck North America, Management, Western Star Trucks, Stoneridge Investment Partners v. Scientific-Atlanta, Inc.

Prior to that Reinhardt served as COO of Meritor Inc. and as President of Meritor's Commercial Vehicle Division.

Key Points: 
  • Prior to that Reinhardt served as COO of Meritor Inc. and as President of Meritor's Commercial Vehicle Division.
  • Reinhardt serves as the vice chairman of the board for Grundfos Holding A/S, a leading global pump and water solutions company.
  • In conjunction with the election of Reinhardt to the board of directors, the Board size was increased to 9 members.
  • Stoneridge recently announced a continued board refreshment plan to attract the necessary talent to impact and accelerate the Company's transformation.

Symbeo Names Tomika A. Russell President

Retrieved on: 
Tuesday, February 8, 2022
Detroit Diesel, Government, GLOBE, CorVel Corporation, Artificial intelligence, Growth, AI, U.S. Securities and Exchange Commission, Company, Daimler Trucks North America, Marketing, Leadership, Risk, DTNA, Technology, Patient, Security (finance), AP, CEO, Health, Organization, Mark (given name), Software, Nasdaq, Professional corporation, Insurance, Machine learning, COVID-19, Management, Online shopping, Risk management

Russell brings over 20 years of leadership experience to Symbeo with a focus on building high-performing teams and creating customer value.

Key Points: 
  • Russell brings over 20 years of leadership experience to Symbeo with a focus on building high-performing teams and creating customer value.
  • As president of the organization, Russell will be responsible for strategic business planning and company vision.
  • Prior to joining Symbeo, Russell oversaw digital strategies for sales, marketing, finance and data for Daimler Trucks North America (DTNA).
  • Were pleased to welcome Tomika as president of Symbeo, said Michael Combs, President and CEO of CorVel.

Introducing IDS, a new company from IPD built to revolutionize the connection between owners/operators, assets, and service channels

Retrieved on: 
Tuesday, January 25, 2022
Technology, Caterpillar, Detroit Diesel, Industrial, App Store (iOS/iPadOS), CEO, Google Play, Learning, History, Cummins, Industry, Efficiency, Agriculture, IDS, IPD, Digital Solutions, Online shopping, Rail transport

IDS was formed to simply and intelligently connect assets with owners, managers, and service channels to increase efficiency, reduce fuel costs, and prevent downtime.

Key Points: 
  • IDS was formed to simply and intelligently connect assets with owners, managers, and service channels to increase efficiency, reduce fuel costs, and prevent downtime.
  • "IPD has a history that's over 65 years old working with engine parts," Michael Badar shared, President of both IPD and IDS.
  • "Our customer base told us that they see plenty of services that will connect and monitor your assets, but most are overly complex and expensive.
  • We pride ourselves in being the diesel diagnostic experts and providing customers with world class customer service.

Brian Hazelton Joins Briggs & Stratton As Senior Vice President & President Of Its Power Business Unit

Retrieved on: 
Tuesday, November 9, 2021
Lithium, Victa, Winnebago Industries, Culture, Leadership, General manager, Supply chain, CEO, Ownership, Bankruptcy, Senior, Growth, Briggs & Stratton, Multimedia, Detroit Diesel, Lithium-ion battery, Company, KPS Capital Partners, Light, Mining, Attention, Management

MILWAUKEE, Nov. 9, 2021 /PRNewswire/ -- Briggs & Stratton today announced that Brian Hazelton has joined the Company as Senior Vice President & President of its Power Business Unit, which consists of Briggs & Stratton residential engines, Vanguard commercial engines, Vanguard lithium-ion commercial batteries and service.

Key Points: 
  • MILWAUKEE, Nov. 9, 2021 /PRNewswire/ -- Briggs & Stratton today announced that Brian Hazelton has joined the Company as Senior Vice President & President of its Power Business Unit, which consists of Briggs & Stratton residential engines, Vanguard commercial engines, Vanguard lithium-ion commercial batteries and service.
  • He joins Briggs & Stratton most recently from Winnebago Industries, where he re-established its motorhome business as a world-class manufacturer and innovator, providing differentiated ownership experiences to the most profitable market segments.
  • "Brian's leadership and experience in transforming businesses aligns with our repositioning of Briggs & Stratton as a power agnostic solutions provider," says Steve Andrews, President & CEO of Briggs & Stratton.
  • "While residential engines remain an important part of our business, Briggs & Stratton is focused on evolving market trends.

Eaton Adds Concentric Pneumatic Clutch Actuators for Detroit Diesel DT12®, Volvo I-Shift, and Mack mDRIVE™ Transmissions to Expand Aftermarket Portfolio

Retrieved on: 
Tuesday, August 17, 2021
Technology, Trucking, Aftermarket, Automotive, General Automotive, Engineering, Transport, Automotive Manufacturing, Software, Manufacturing, Shift, Quality of life, Maintenance, (+)-CPCA, Commercial Vehicle Group, Multimedia, AMT, Environment, Solution, CPCA, Volvo, Detroit Diesel, Conveyor system, Mail order

Power management company Eaton today announced its Vehicle Group has introduced two new concentric pneumatic clutch actuators (CPCAs), designed for commercial vehicle push-type diaphragm spring clutches.

Key Points: 
  • Power management company Eaton today announced its Vehicle Group has introduced two new concentric pneumatic clutch actuators (CPCAs), designed for commercial vehicle push-type diaphragm spring clutches.
  • View the full release here: https://www.businesswire.com/news/home/20210817005154/en/
    Eatons Vehicle Group has introduced two new concentric pneumatic clutch actuators designed for commercial vehicle push-type diaphragm spring clutches.
  • (Photo: Business Wire)
    The CPCAs serve as an aftermarket replacement for the clutch actuator used in the Detroit Diesel DT12, the Volvo I-Shift and Mack mDRIVEautomated manual transmissions.
  • Visit eatonpartsonline.com to find an Eaton aftermarket distributor or learn more about our clutch portfolio .