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Leadership and Strategy
Lion Equity | February 07, 2022
Lion Equity Partners, a Denver-based private equity firm specializing in corporate carve-outs, announced that its affiliate, Lion Equity Holdings II, LLC, acquired Elkhart Tri-Went Industrial (“ETI”) from Aalberts N.V., a Netherlands-based manufacturer of mission critical technologies.ETI is a manufacturer of complex extruded aluminum components and fabricated copper tube products serving OEM customers in the automotive, air conditioning & refrigeration, water systems and industr...
Digital Transformation
Yokogawa Electric Corporation | January 27, 2022
Yokogawa Electric Corporation (TOKYO: 6841) reveals the results of its latest survey* to gain further insights into the current and future state of industrial autonomy in process manufacturing. The survey highlights that the number of manufacturers moving forward with industrial autonomy is clearly increasing, and that there is a high awareness of the expected benefits on environmental sustainability.The global survey was conducted in seven markets (China, Germany, India, Japan, Saudi Arab...
Manufacturing Technology
Siemens | September 15, 2023
Gotion High-tech chose Siemens Xcelerator industrial software to establish an intelligent battery production platform. Gotion High-tech will strengthen its intelligent battery manufacturing capabilities through a platform that integrates production process to expedite the development of digital products. Together, the companies aim to use digital twins and ba...
Stora Enso | July 21, 2020
Sales decreased by 18.9% to EUR 2 114 (2 608) million, due to lower deliveries and prices, as a result of the impact of the Covid-19 pandemic. Operational EBIT decreased to EUR 178 (299) million. The impact of lower sales was partly offset by good cost management. Operational EBIT margin was 8.4% (11.5%). Operating profit (IFRS) was EUR 226 (142) million. EPS was EUR 0.19 (0.08) and EPS excl. IAC and fair valuations was EUR 0.14 (0.27). Cash flow from operations amounted to EUR 363 (550) million...
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