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Cooling and Heating News:

Melrose gets green light from UK for GKN takeover

UK Business Minister Greg Clark said there were no national security grounds to intervene in turnaround specialist Melroses takeover of British engineering company GKN, giving the deal the green light from government....


Gentex Q1 net income up 14 percent as revenue softens

Gentex said its first-quarter net income surged 14 percent from a year earlier as the mirror and electronics supplier managed to boost mirror deliveries despite a production glitch....


VW may face billion-euro damages claim from Bosnian supplier

VW may face a damages claim for billions of euros from Prevent Group after the automaker canceled its contracts with the supplier following a dispute that forced VW to halt production at six German factories....


Suppliers to the new Porsche 718 Cayman

Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Groups plant in Zuffenhausen, Germany. Output peaked at more than 10,200 units in 2017, according to IHS Markit....


Magna delivers carbon fiber subframe prototype to Ford

Magna International Inc. has delivered a carbon fiber subframe prototype to Ford it says will reduce weight and tooling costs and hopes to rule on mass production by year end....


Suppliers to the new Nissan Micra

Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner Renaults plant in Fins, France. Output peaked at more than 106,000 units in 2017, according to IHS Markit....


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