Orion Engineered Carbons Announces Full Year and Fourth Quarter 2022 Financial Results

HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the full year and fourth quarter of 2022. Full Year 2022 Highlights Net sales of $2,030.9 million, up $484.1 million, year over year Net income of $106.2 million, down $28.5 million, year over year. Prior year included the Evonik cash […]

indie Semiconductor Achieves Record Q4 and 2022 Results

Posts Q4 Revenue of $33.0M, up 74% Year-over-Year and 10% sequentially Expands Q4 Non-GAAP Gross Margin to 52.2%, up 590 Basis Points Year-over-Year and 180 Basis Points Sequentially Delivers $110.8M in 2022 Revenue, up 129% Year-over-Year Broadens Design Win Pipeline Across ADAS, User Experience and EV Applications Forecasts a $160M Q1 Annualized Revenue Run-rate and […]

Allison Transmission Represented in Three of Every Four Trucks Showcased at World of Concrete

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission was well represented at the World of Concrete, a premier tradeshow for the construction and masonry industries, which took place January 17-19 in Las Vegas, Nevada. Three out of every four trucks exhibited at the show were equipped with Allison fully automatic transmissions. “Allison’s commanding presence at World of Concrete is representative […]

ASM Global’s Nassau Veterans Memorial Coliseum Slays Attendance Marks With Hot Wheels Monster Trucks Live Partnership

LOS ANGELES–(BUSINESS WIRE)–#ASMGlobal–Via a “family-first” strategy, ASM Global’s Nassau Veterans Memorial Coliseum is shattering nearly a half century of attendance records most recently with the Hot Wheels Monster Trucks Live Glow Party, which produced the highest-grossing shows and ticket sales for the property’s newest tour. This continues a highly successful run of family shows in […]

Tuesday Ticker: Semiconductor status report; Magna pledges Ont. investment

Toronto, Ontario — In this weekly Tuesday Ticker report: a status report on the semiconductor shortage and a glimpse into Magna’s latest investment. Chocolate, no chips Certain automakers are recovering better than others in regard to the chip shortage, according to new data from Bank of America Global Research analysts and S&P global stats. BMW, […]

Warm Tones: Solar Yellow exterior paint available for order on 2023 Jeep Renegades

Windsor, Ontario — Break out of those midwinter blues with some sun with a new paint offering from Jeep, following the opening of orders for the new Solar Yellow exterior tint on Wednesday. Set to coat 2023 Jeep Renegade models, including new special edition Upland models, this new paint is available for order now at […]

Extinguished: Ford pauses Lightning F-150 production following battery fire

Detroit, Michigan — Ford has halted production on Lightning F-150 electric pickup trucks after a unit caught fire in a company holding lot earlier this month. The OEM is reportedly holding both production and shipping of Lightning units while it investigates the issue. Sales are still open, and no action has been taken on units […]

EV/AV Report: Battery options, communal chargers and public outreach

Toronto, Ontario — Ford announces a massive investment into a Michigan-based battery plant, U.S. federal mandates require Tesla to open its charging network to other companies and an Alberta utility company is calling on EV-owning customers to join a charging grid pilot project. This is the latest in electric and autonomous vehicles. Covering battery bases […]