Recognition for SinterCast at North American International Auto Show
Ram 1500 diesel engine wins third consecutive Wards 10 Best Engines award
Nissan Titan XD earns finalist position in the Truck of the Year awards
SinterCast-CGI petrol engine in six Ford and Lincoln vehicles
[Detroit, 13 January 2016] - An important part of SinterCast's annual calendar, the 2016 North American International Auto Show (NAIAS) provided a positive start to the year, with new recognition for SinterCast's Compacted Graphite Iron (CGI) engine technology, including the following highlights:
Ram 1500 EcoDiesel: The 3.0 litre V6 diesel engine, with a SinterCast-CGI cylinder block and bedplate designed and produced by VM Motori, won a third consecutive Wards 10 Best Engines award. The CGI diesel was the only engine to receive a third consecutive award; one of only two repeat winners; and, was the only diesel among the ten winning engines. The judging panel commented that the Ram EcoDiesel set the "gold standard for refinement and fuel efficiency in the world of light duty trucks". The Ram 1500 EcoDiesel also retained the best-in-class fuel economy rating at NAIAS in the full size light duty pick-up sector.
Nissan Titan: The all-new Nissan Titan XD pick-up truck, with a 5.0 litre V8 diesel engine designed and built by Cummins, based on a SinterCast-CGI cylinder block, was honoured as one of the three finalists in the North American Truck of the Year award. In a competition that included 21 trucks and sport utility vehicles, the Titan was the only pick-up to earn a spot as a finalist, together with the Volvo XC90 and the Honda Pilot. The recognition as a finalist provides momentum to the Titan in parallel with the start of sales. The Truck of the Year award is highly respected throughout the industry. Now in its 23rd year, it is the only award given by an independent group of automotive journalists rather than by a single media outlet.
Lincoln Continental: Lincoln unveiled the 2017 Continental on 12 January, with a 3.0 litre V6 CGI EcoBoost petrol engine. The engine is a uniquely designed derivative of the SinterCast-CGI 2.7 litre petrol engine and is available only for Lincoln brand vehicles. The twin turbo 3.0 litre engine is projected to provide 400 horsepower and to be the most performant engine in the Lincoln's history. The SinterCast-CGI 2.7 and 3.0 litre petrol engines are also available in the Lincoln MKX luxury crossover and the MKZ luxury sedan.
Ford F-Series pick-ups: Ford retained the best-selling truck title for the 39th consecutive year, with the F-150 being the best-selling vehicle in North America in 2015. Ford noted that globally, throughout 2015, an F-Series pick-up was sold every 18 seconds. Approximately 25% of Ford F-150 pick-ups are sold with the SinterCast-CGI 2.7 litre V6 petrol engine while more than 80% of F-250 through F-750 Super Duty trucks are sold with the SinterCast-CGI 6.7 litre V8 diesel engine. The 2.7 litre petrol engine is also available for sale in the Ford Edge crossover and was announced at the NAIAS for the new 2017 Ford Fusion, where it will be the exclusive engine option for the Fusion Sport.
"As auto shows evolve to focus more on mobility and connectivity than on driving and powertrain technology, it is rewarding to have our technology recognised in a variety of vehicle applications" said Dr. Steve Dawson, President & CEO of SinterCast. "New engines and new vehicle applications provide important growth opportunities for SinterCast. If the Lincoln Continental and the Nissan Titan approach their stated sales ambitions, the incremental growth from these two vehicles alone provides the potential to add 10% to our current series production volume."
For more information:
|Dr. Steve Dawson|
|President & CEO|
|SinterCast AB (publ)|
|Tel:||+46 8 660 7750|
SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 75% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine size, weight, noise and emissions. The SinterCast technology, with 44 installations in 13 countries, is primarily used for the production of petrol and diesel engine cylinder blocks and exhaust components for passenger vehicles, medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles, and industrial power engine components for marine, rail, off-road and stationary engine applications. SinterCast's series production components range from 2 kg to 9 tonnes, all using the same proven process control technology. The SinterCast share is quoted on the Small Cap segment of the Stockholm NASDAQ OMX stock exchange (Stockholmsbörsen: SINT). For more information: http://www.sintercast.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SinterCast via Globenewswire
Följ NASDAQ OMX
Abonnera på våra pressmeddelanden.
Senaste pressmeddelandena från NASDAQ OMX
Navigators to Acquire Belgian Specialty Insurer18.12.2017 07:30 | Pressmeddelande
STAMFORD, CT, December 18, 2017 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that it has entered into a share purchase agreement for the purchase of all of the shares of Assurances Continentales - Continentale Verzekeringen NV ("ASCO") and Bracht, Deckers & Mackelbert NV ("BDM"). ASCO and BDM are both based in Antwerp, Belgium. The proposed acquisition is part of Navigators' strategy of expanding its well-established specialty insurance expertise to more brokers and insureds across Europe. ASCO is a specialty insurance company offering marine and property and casualty insurance. BDM is an insurance underwriting agency that underwrites risk coverage in niche markets on behalf of ASCO and a number of major international insurers. Additionally, as part of the transaction, Navigators will acquire all the shares of Canal Re SA, a Luxembourg reinsurance company that is a wholly-owned subsidiary of ASCO. The acquisition reinforces Navigators' presence in the European Un
Oxford Immunotec and QIAGEN N.V. Settle Patent Infringement Lawsuit15.12.2017 22:04 | Pressmeddelande
Agreement includes payment of $27.5 million to Oxford, royalty-free license to QIAGEN and dismissal of all pending litigation OXFORD, United Kingdom and MARLBOROUGH, Mass., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Oxford Immunotec Ltd. (Nasdaq:OXFD) and QIAGEN N.V. (Nasdaq:QGEN) (Frankfurt Stock Exchange:QIA) announced today that they have reached a settlement in the lawsuit in the U.S. District Court for the District of Massachusetts in Boston (15-cv-13124-NMG) alleging patent infringement in relation to QIAGEN's QuantiFERON®-TB Gold and QuantiFERON®-TB Gold Plus products. Under terms of the agreement, all pending claims between Oxford and QIAGEN and the co-defendants have been resolved. As part of the settlement, Oxford has granted QIAGEN a royalty-free, non-exclusive license that extends to all current and future customers of QuantiFERON-TB Gold and QuantiFERON-TB Gold Plus in exchange for a one-time, lump-sum payment of $27.5 million. The settlement includes general
Algeco Scotsman Announces Acquisition of Iron Horse Ranch15.12.2017 21:32 | Pressmeddelande
BALTIMORE, Dec. 15, 2017 (GLOBE NEWSWIRE) -- Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the "Algeco Group") today announced the successful closing of the acquisition by the Algeco Group's subsidiary, Target Logistics Management, LLC ("Target Logistics"), of Iron Horse Ranch from funds managed by TDR Capital LLP ("TDR"). The acquisition solidifies Target Logistics' position as the single largest provider of turnkey workforce housing in the U.S., including a network of eight lodges and 2,119 beds in the Permian Basin. With the acquisition, Target Logistics' Permian Basin lodge network now includes Texas lodges in Pecos, Mentone, San Angelo and two in Odessa, along with two lodges in Carlsbad and Lovington, New Mexico. Additionally, Target Logistics adds Eagle Ford lodges in Cameron and Yorktown, Texas. Diarmuid Cummins, CEO Algeco Scotsman: "Today we announce the completion of the second of two strategic acquisitions which we flagged earlier
Repurchase of own shares in Momentum Group AB (publ)15.12.2017 15:25 | Pressmeddelande
In accordance with the authorisation issued by the Extraordinary General Meeting of Shareholders held on 28 November 2017, Momentum Group AB (publ) has repurchased 28,800 Class B shares at an average price of SEK 103.34 per share. After the repurchase, Momentum Group AB's current holding of treasury shares amounts to 28,800 Class B shares, corresponding to 0.1 percent of the total number of shares and 0.1 percent of the total number of votes. The total number of shares in Momentum Group AB, including those held by the Company, amounts to 28,265,416, of which 1,062,436 are Class A shares and 27,202,980 are Class B shares. The total number of votes in Momentum Group AB is 37,827,340. Stockholm, 15 December 2017 Momentum Group AB (publ) For further information, please contact: Mats Karlqvist, Head of Investor Relations - Tel: +46 70 660 31 32 This information was submitted for publication on 15 December 201
Återköp av egna aktier i Momentum Group AB (publ)15.12.2017 15:25 | Pressmeddelande
I enlighet med bemyndigandet från den extra bolagsstämman den 28 november 2017 har Momentum Group AB (publ) återköpt 28 800 aktier av serie B till en genomsnittskurs av 103,34 SEK per aktie. Momentum Group ABs aktuella innehav av egna aktier efter återköpet uppgår till 28 800 aktier av serie B, vilket motsvarar 0,1 procent av totalt antal aktier och 0,1 procent av totalt antal röster. Det totala antalet aktier i Momentum Group AB, inklusive de av bolaget ägda aktierna, uppgår till 28 265 416 st, av vilka 1 062 436 är aktier av serie A och 27 202 980 är aktier av serie B. Det totala antalet röster i Momentum Group AB är 37 827 340. Stockholm den 15 december 2017 Momentum Group AB (publ) För ytterligare information vänligen kontakta: Mats Karlqvist, Head of Investor Relations - telefon 070-660 31 32 Informationen lämnades för offentliggörande den 15 december 2017 kl. 15:15 CET.
Elemica Named to Food Logistics Top 100 List15.12.2017 13:55 | Pressmeddelande
11th Consecutive Win for Delivering Value Across Clients' Supply Chains WAYNE, Pa., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Elemica, the leading Business Network for the process industries, announces the company has been named to Food Logistics magazine's FL100+ Award for the 11th year. The FL100+ list recognizes leading software and technology providers in the food and beverage industry. Elemica was chosen for helping agricultural and food ingredient businesses conduct more efficient and error free commerce across their community of suppliers, customers and logistics providers - delivering value through lower operating expenses and working capital costs. "We are honored to be included for the past eleven years on the Food Logistics FL100+ list for helping companies improve efficiencies and generate value from their supply chains," said John Blyzinskyj, CEO of Elemica. "Automating business processes, enabling end-to-end visibility, and providing a platform for
I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.Besök vårt pressrum