IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) announced today Javier Varela will join as its Chief Operations Officer as the company focuses on optimizing operational efficiencies, including the production of R2, its midsized SUV. Varela joins Rivian from Volvo Cars, where he served as Chief Operating Officer and Deputy Chief Executive Officer. Varela will start […]
NASHVILLE, Tenn.–(BUSINESS WIRE)–Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its first quarter that ended March 31, 2024. First Quarter Highlights Net sales of $427 million GAAP net income of $46 million Diluted earnings per share of $0.54 Adjusted earnings per share of […]
RENO, Nev.–(BUSINESS WIRE)–U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company, will participate in the 2024 BMO Real Estate Conference on Wednesday, May 8 in New York City. Members of the management team will host meetings with institutional investors. About U-Haul Holding Company U-Haul Holding […]
Highlights The world’s first to build and operate a Li-Metal line within an automotive OEM’s facility. The first Li-Metal battery company to have two B-sample development JDAs. The UAM market opportunity is closer to commercialization with B-sample progress and the expected conversion of an existing line to dedicated UAM cells. The 2024 outlook previously issued […]
Bolsters its Position in the Automotive Repair Parts Market FORT WORTH, Texas–(BUSINESS WIRE)–Distribution Solutions Group, Inc. (NASDAQ:DSGR) (“DSG” or the “Company”), a premier specialty distribution company, today announced that its operating company, Lawson Products, Inc. (“Lawson”), completed the acquisition of S&S Automotive, Inc. (“S&S”), a leading automotive and industrial parts supplier based near Chicago in […]
Company intends to increase capacity of plant to manufacture R2, its midsized SUV NORMAL, Ill.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL. The […]
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–$CHRW #CHRobinson–C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended March 31, 2024. First Quarter Key Metrics: Gross profits decreased 4.5% year-over-year to $647.5 million, but increased 6.3% sequentially Income from operations decreased 21.1% year-over-year to $127.1 million, but increased 18.3% sequentially Adjusted operating margin(1) […]