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Federal-Mogul Corporation ( FDML ) |
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Written by Editor
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Thursday, 25 April 2013 09:26 |
Federal-Mogul's Innovative IROX® Bearings Experiencing Significant Market Growth
Since launching IROX® polymer-coated engine bearings in 2010, Federal-Mogul Corporation`s (FDML) Powertrain Segment has established an industry-leading position with this innovative bearing technology. In less than three years, IROX bearings have launched with four of the largest global OEMs on three continents. IROX is an innovative polymer-coated engine bearing that enables reduced fuel consumption and CO2 emissions. It withstands high mechanical loads in efficient, heavily boosted engines and also addresses the lubrication challenges associated with frequent re-starts found in stop-start engines. In extreme duty applications, the IROX coating can significantly extend bearing life. IROX has enabled engine manufacturers to meet the needs of start-stop applications in downsized engines, and as a result, Federal-Mogul is experiencing significant demand for this new product.
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Fuel Systems Solutions Inc ( FSYS ) |
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Written by Editor
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Friday, 08 March 2013 11:18 |
Fuel Systems Solutions Reports Fourth Quarter and Year End 2012 Results
Fourth Quarter Revenue of $98.0 Million
Full Year 2012 Revenue of $393.9 Million
Records $22.0 million Non-Cash Goodwill and Asset Impairment Charge in Fourth Quarter
Fourth Quarter Net Income, Excluding Charge, of $0.2 Million
Fuel Systems Solutions, Inc. (FSYS) reported results for its fourth quarter and year ended December 31, 2012.
Mariano Costamagna, Fuel Systems' CEO, said, "On an operational basis, Fuel Systems' 2012 results were in line with our revised outlook. We recorded a fourth quarter asset impairment charge primarily to reflect adjustments we made over the past few quarters to our expectations for US Automotive operations and the AFS acquisition.
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ZENN Motor Company Inc ( ZNN ) |
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Transportation
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Written by Editor
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Tuesday, 29 January 2013 08:55 |
Zenn Motor Company Comments on Eestor Technology Update
ZENN Motor Company Inc. (TSX VENTURE:ZNN) ("ZENN" or the "Company") commented today on the announcement by EEStor, Inc. ("EEStor") on January 28, 2013, of preliminary (pre-certification) test results of recently produced single layers of its electrical energy storage units ("EESUs") built in its pilot production facility.
James Kofman, Chairman and Interim Chief Executive Officer of ZENN commented, "These tests represent the most important publicly announced milestone achieved by EEStor to date and we are very pleased to see the progress. For the first time formal testing of the EESU layers has been conducted by an independent testing company and the results are very encouraging." Ian Clifford Founder and Vice Chair of ZENN added, "We congratulate Dick and Tom Weir and the whole team at EEStor.
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Clean Diesel Technologies Inc ( CDTI ) |
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Transportation
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Written by Editor
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Tuesday, 27 November 2012 09:14 |
CDTi Receives EPA Verification for Purifilter(R) EGR
CARB Verification in Progress
Clean Diesel Technologies, Inc. (CDTI) ("CDTi"), a cleantech emissions control company, is pleased to announce that it has received verification from the Environmental Protection Agency ("EPA") for its Purifilter(R) EGR emission reduction system. The uniquely designed Purifilter(R) EGR, featuring CDTi's proprietary MPC(R) technology, is a passively-regenerating diesel particulate filter that provides exceptional filtration and regeneration efficiency for the removal of particulate matter.
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Williams Controls ( WMCO ) |
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Written by Editor
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Thursday, 01 November 2012 09:38 |
Curtiss-Wright Announces Definitive Merger Agreement With Williams Controls
Leading Provider of Highly-Engineered Electronic Sensors and Throttle Controls for Vehicles in Industrial and Military Markets to Be Acquired by Innovative Engineering Company
Curtiss-Wright Corporation ( NYSE : CW ) and Williams Controls ( NYSE MKT : WMCO ) jointly announced today that they have entered into a definitive agreement that provides for the merger of Williams Controls with a wholly-owned subsidiary of Curtiss-Wright. Williams Controls is a leading designer and manufacturer of highly-engineered electronic sensors and electronic throttle controls for off-road equipment, heavy trucks, and military vehicles. The acquired business will operate within Curtiss-Wright's Motion Control segment.
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