Kimball Electronics Reports Q4 and Full Year Fiscal 2023 Results With Record Sales and Operating Income; Company Provides Guidance for Fiscal 2024
Fourth Quarter Fiscal 2023 Highlights Net sales totaled $496.1 million, a 33% increase compared to Q4 fiscal 2022, and completing a fiscal year with top-line growth of 35%. Operating income of $31.4 million, or 6.3% of net sales, a record high for the Company. For fiscal year 2023, operating income was 4.8% of net sales. […]
Surf Air to Shorten Form S-1 Registration Period, Enabling Broader Investor Outreach and Effectively Locking Up Affiliate Shares
Surf Air Mobility Executives to Participate in Conferences and Non-Deal Roadshows with Financial Advisors Affiliates Subject to Extended Restricted Period with Significant Trading Limitation for Up to Approximately 7M Shares Until January, 2024 LOS ANGELES–(BUSINESS WIRE)–Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world’s communities, today announced […]
Fultra®, parent company of Fruehauf®, Expands Trailer Footprint in North America with the Acquisition of East® Manufacturing
RANDOLPH, Ohio–(BUSINESS WIRE)–Fultra®, the parent company of Fruehauf®, is pleased to announce that it has acquired East® Manufacturing, a premier manufacturer of aluminum flatbed, drop deck, dump, round bottom and refuse trailers as well as steel dump trailers and aluminum truck bodies. Founded in 1968, East is the market leader in innovation consistently providing the […]
SpeedPro Turns Cars into Canvases for Visionary Artist Jumper Maybach
New collaboration brings Jumper Maybach creations to life in a new medium HOUSTON–(BUSINESS WIRE)– Jumper Maybach employs his signature technique of laying canvases on the ground and artfully splashing vibrant hues of paint across them. As an abstract expressionist, Maybach creates visual experiences that open his viewers’ minds to the notion that chaos, explosive color […]
ElectroTempo Raises $4M in Seed Funding
EV Software Company’s Proprietary Tool Accelerates the Deployment of Charging Infrastructure for Trucks and Vans ARLINGTON, Va.–(BUSINESS WIRE)– ElectroTempo’s software forecasts EV charging demand and recommends the most cost-effective equipment and infrastructure investments for its clients. ElectroTempo’s industrial site host customers utilize this software to determine how to establish and operate EV charging networks to […]
Genuine Use: OEM parts utilization is higher in EV repair claims, says Mitchell report
Toronto, Ontario — Mitchell shared its second-quarter insights for Canadian and U.S. EV repair claims last week, where it said electric vehicles use OEM parts in repairs far more than ICE vehicles. According to Mitchell’s data, 90.75 percent of parts used in EV repair claims are OEM; for ICE repair claims, 66.5 percent of parts utilized […]
Three’s Company: IAA adds three enhancements to selling platform
Westchester, Illinois — IAA has announced three enhancements to its selling platform: IAA Vehicle Score™, IAA Vehicle Value™ and the IAA Sales Decision Center™, all of which work together to provide vehicle sellers with information that is critical in helping to optimize their auction strategies for greater returns,” wrote Ritchie Bros. (RB) Global, IAA’s parent company, […]
Ford Features: F-150 Lightning electric pickup to be showcased at Collision Repair’s EV Repair Tour
Toronto, Ontario — Collision Repair magazine’s upcoming EV Repair Tour, supported by Fix Network, is set to feature an exciting addition: the Ford F-150 Lightning electric pickup truck, courtesy of Parkway Ford and Fix Auto Waterloo. This eagerly anticipated event offers attendees an exclusive opportunity to see Canada’s most popular truck in its electric form […]
Boost for Batteries: Quebec launches ‘first-of-its-kind’ EV battery recovery program
Quebec City, Quebec — Quebec recently launched a “first-of-its-kind” electric vehicle (EV) battery recovery program designed to collect, transport, repurpose, remanufacture and recycle end-of-life EV batteries—specifically, fuel cells that fall outside of the established OEM management programs. The EV Battery Recovery Program is the result of a collaboration between vehicle manufacturers that worked with Call2Recycle to […]
Automakers in Attendance: Rivian to participate in Collision Repair mag’s EV Tour
Toronto, Ontario — Collision Repair magazine is thrilled to announce that representatives from Rivian’s Collision Repair Program will be at next week’s highly anticipated EV Repair Tour, supported by Fix Network. This event presents a unique opportunity to connect with Frank Phillips, senior manager of the OEM’s Certified Collision Program, to learn more about these […]
