Tech undefinedMore from Tech undefinedHomePrivate Equity-Backed Convenient Brands Acquires Dealer Pay and Provides Strategic Growth InvestmentDRAPER, Utah–(BUSINESS WIRE)–#merchants—Convenient Brands announced today that it has acquired Dealer Pay, LLC (“Dealer Pay”) of St. Louis, MO and provided a strategic growth investment. Dealer Pay is the leader in modern payments and point-of-sale software solutions for the dealership industries. Dealer Pay’s solutions are web-based and offer a tech-forward approach to payments technology and […]August 5, 2022HomeRogers Corporation Reports Second Quarter 2022 ResultsCHANDLER, Ariz.–(BUSINESS WIRE)–Rogers Corporation (NYSE:ROG) today announced financial results for the second quarter of 2022. “Rogers continued to deliver solid revenue growth in the second quarter led by sales in the EV/HEV, defense and portable electronics markets,” stated Bruce D. Hoechner, Rogers’ President and CEO. “Supply challenges and COVID-related demand disruptions in China tempered further […]August 4, 2022HomeCORRECTING and REPLACING Aurora Announces Second Quarter 2022 ResultsPITTSBURGH–(BUSINESS WIRE)–$AUR #aurora–Please replace the release with the following corrected version due to revisions to the second paragraph. The updated release reads: AURORA ANNOUNCES SECOND QUARTER 2022 RESULTS Aurora Innovation, Inc. (NASDAQ: AUR) today announced its second quarter 2022 results. Aurora’s shareholder letter, including its financial results, are available on its investor relations website at […]August 4, 2022HomeMayville Engineering Company, Inc. Announces Second Quarter 2022 ResultsCompany Produces Significant Bottom Line Growth and Reiterates 2022 Guidance MAYVILLE, Wis.–(BUSINESS WIRE)–Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a full suite of prototyping and tooling, production fabrication, coating, assembly and aftermarket services, today announced results for the second quarter ended June 30, 2022. Second […]August 3, 2022HomeFaraday Future Reveals New Manufacturing Updates and Introduces ‘FF ieFactory California,’ the Official Name of Its Hanford, Calif. Manufacturing PlantFurther progress has been made in all production areas at the ‘ieFactory’ as FF marches to start of production Continued production-intent vehicle builds along with testing and validation of these vehicles help ensure the FF 91 program remains on schedule to launch in Q3/Q4 2022 FF’s Hanford, Calif. manufacturing facility will officially be named ‘FF […]August 3, 2022HomeIngevity reports second quarter 2022 financial resultsHIGHLIGHTS: (comparisons versus prior year period) Company delivered record sales of $419.9 million, up 17.2% Net income of $59.8 million and diluted earnings per share (EPS) of $1.54; adjusted earnings of $67.0 million and diluted adjusted EPS of $1.73 Second highest quarterly EBITDA of $121.1 million, up 2.9% and adjusted EBITDA margin of 28.8% Operating […]August 3, 2022HomeIngevity to acquire leading pavement marking materials business, Ozark MaterialsNORTH CHARLESTON, S.C.–(BUSINESS WIRE)–Ingevity Corporation (NYSE:NGVT) today announced it has reached an agreement to acquire privately-owned Ozark Materials, LLC and Ozark Logistics, LLC (“Ozark Materials”) in an all-cash transaction valued at $325 million. The acquisition is subject to regulatory approval and other customary closing conditions, and Ingevity expects to close on the transaction by early […]August 3, 2022HomeIngevity enters battery electric vehicle market, invests $60 million in lithium-ion anode materials producer, Nexeon, and secures future activated carbon supply relationshipNORTH CHARLESTON, S.C.–(BUSINESS WIRE)–Ingevity Corporation (NYSE:NGVT) today announced that it has invested $60 million to acquire an equity stake in Nexeon Limited (“Nexeon”) in a strategic move to establish the company’s presence in the electric vehicle (EV) market and expand opportunities to grow its activated carbon business. United Kingdom-based Nexeon is a cutting-edge technology leader […]August 3, 2022HomeFood and Distribution Fleets Choose Allison’s 3414 Regional Haul Series™ TransmissionINDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the award-winning Allison 3414 Regional Haul Series™ fully automatic transmission is now running in three of the top five largest private fleets in North America, which operate approximately 25,000 tractors combined. This growth is the result of Allison’s investment in developing the 3414 Regional Haul Series, along […]August 3, 2022HomeAllego Announces Participation at Needham’s 11th Annual Virtual Industrial Tech, Robotics, & Clean Tech 1×1 ConferenceARNHEM, Netherlands & PARIS & NEW YORK–(BUSINESS WIRE)–Allego N.V. (“Allego”) (NYSE: ALLG), a leading pan-European public electric vehicle fast-charging network, today announced that Chief Financial Officer, Ton Louwers, and Chief Technology Officer, Alexis Galley, will participate in the “Plugged-In: A Panel on EV Charging” panel at Needham’s 11th Annual Virtual Industrial Tech, Robotics, & Clean […]August 3, 2022Previous PagePage 286 of 873Next Page
