Magna Tyres Group announces the appointment of Hein de Wind as its new Chief Commercial Officer (CCO), effective immediately. In this strategic role, Mr de Wind will be responsible for shaping and executing the global commercial strategy, accelerating the company’s growth, and reinforcing customer relationships across all regions.
Read MoreUnlike traditional latex gloves, the new Syntex™ gloves offer high elasticity, strong puncture and chemical resistance, and a natural-latex-like feel, all while avoiding the allergy risks associated with natural latex. Developed with an exclusive innovative formula that increases average breaking elongation through a 650% stretch, meeting the ASTM D6319 medical glove standard and offering exceptional durability and comfort.
Read MoreCellasto® is investing roughly €60 million to establish a second plant in Shanghai, China. This production expansion aims to capitalize on China’s booming electric vehicle market. The new facility will feature advanced mold lines, resulting in a capacity increase of nearly 70%, with operations expected to start in 2027. A commencement ceremony was held on April 14th to celebrate this expansion.
Read Moreord Motor Company announced that Dianne Craig, president, Lincoln, has elected to retire at the end of April after an accomplished 38-year career with the company. Joaquin Nuno-Whelan will succeed Craig as president, Lincoln.
Craig has served as president of Lincoln since late 2022. During her tenure, Lincoln diversified its global product portfolio, launched the award-winning Nautilus, the all-new Lincoln Navigator and introduced Lincoln’s Digital Experience and Rejuvenate. Under her leadership, Lincoln achieved its best U.S. retail sales in 17 years, and in China, the brand continued to grow sales of the all-new Nautilus despite fierce competition.
Read MoreH.B. Fuller Company announced that its Board of Directors approved an increase in the Company’s regular quarterly cash dividend from $0.2225 per share of common stock to $0.2350 per share of common stock, payable on May 13, 2025 to shareholders of record at the close of business on April 29, 2025.
This represents a 5.6% increase over the prior quarterly dividend and marks the 56th consecutive year in which the Company has increased its dividend.
TBC Corporation announced the appointment of Chris Young as Chief Technology Officer. In this role, Young will report directly to TBC President & CEO Don Byrd.
rior to joining TBC, Young most recently served as Chief Information Officer and Vice President of FedEx Freight IT Solutions where he successfully modernized the company’s technology infrastructure. At FedEx Freight, he also implemented technology solutions that enhanced operational efficiencies and generated significant revenue growth. Young has also held leadership roles at Old Dominion Freight Line, Columbia Forest Products and United Guaranty Corporation.
Read MoreHankook will supply its all-season electric vehicle tire, the iON evo AS SUV, specially engineered for electric vehicles. These tires boast high energy efficiency, optimized grip, and reduced rolling resistance, enhancing the Ioniq 9’s performance and range. Additionally, the tires are designed to minimize noise, ensuring a quieter driving experience that aligns with the luxury and eco-conscious nature of the Ioniq 9.
Read MoreHigh-end light solutions and their contribution to better safety and improved driver experience will be at the forefront of Continental’s presentation at Auto Shanghai from April 23 to May 2, 2025, in China. The technology company will showcase its full range of scalable automotive light solutions, from low-cost options like the Headlamp Control Module (HCM) Air control unit to high-performant software functions like automatic leveling of the low-beam mode, to unique premium solutions like the new near-field projection based on laser beam scanning (LBS).
Read MoreRPM International Inc. has announced its financial results for the fiscal 2025 third quarter, ending February 28, 2025. The company reported sales of $1.48 billion, marking a 3.0% decrease compared to the same period last year.
Net income for the quarter was $52.0 million, with diluted earnings per share (EPS) of $0.40. Despite the decline in sales, RPM managed to generate $91.5 million in cash from operating activities, the second-highest third-quarter amount in the company’s history.
Read MoreGreat Place To Work® and Fortune have recognized Dow as one of the Fortune 100 Best Companies to Work For®. This is the fifth consecutive year the materials science company has earned the honor. This year Dow moved up significantly in the rankings from #79 last year to #25.
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