NORTHVILLE, Mich., Feb. 13, 2025 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the fourth quarter and full year 2024.Fourth Quarter 2024 Summary Sales totaled $660.8 million, a decrease of 1.9% vs. the fourth quarter 2023 Operating income totaled $31.7 million, an increase of $36.2 million vs. the fourth quarter of 2023 Net income of $40.2 million, or $2.24 per diluted share, reflected an improvement of $95.4 million vs. the fourth quarter of 2023 Adjusted EBITDA total ...

Financial Results Announcement - Cooper-Standard Holdings Inc. is set to release its financial results for the fourth quarter and full year 2024 on February 13, 2025, after market close [1] - The earnings results will be available on the Cooper Standard website once released [1] Conference Call Details - A conference call will be hosted on February 14, 2025, at 9 a.m. ET, featuring Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas [2] - The call will cover financial results, a general business update, and a Q&A session for investors [2] - Participants can join the call via a toll-free number for the U.S. and Canada or an international number [3] Webcast and Replay - A replay of the conference call will be available shortly after the live event on the investors' section of the Cooper Standard website [4] Company Overview - Cooper Standard is headquartered in Northville, Michigan, and operates in 21 countries as a leading global supplier of sealing and fluid handling systems [5] - The company employs over 22,000 team members, focusing on innovative and sustainable engineered solutions for various transportation and industrial markets [5]

CALGARY, Alberta, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that it has successfully applied for and received a US$75 million tax credit allocation to re-purpose a former glass manufacturing site in southern US to produce pattern solar glass (the “US Project”). The Company is also pleased to announce an addition to its board of directors. Tax Credit Allocation To support the development of the US Project, after receiving a lette ...

Financial Performance and Strategic Developments - The company concluded its warrant exercise and reported its fiscal year-end 2024 financial results, with audited financial statements and Management's Discussion and Analysis available under its SEDAR+ profile [1] - In 2024, the company invested $0.52 million to advance its Selkirk Project and discussions with a potential strategic partner for the US Project, aiming to produce approximately 10GW per year of pattern solar glass [2] - The company's large shareholders, board members, and management exercised 9,206,404 warrants at $0.40 per warrant, generating $3,682,562 in gross cash proceeds, which will support the advancement of its solar glass manufacturing projects [5] - Of the 32,100,000 warrants issued in 2022, 14,811,496 were exercised, and the remaining 17,288,504 expired on December 31, 2024 [6] Manufacturing Capacity and Strategic Vision - The company is developing North American manufacturing capacity for ultra-high-clarity pattern solar glass, utilizing high-purity low-iron silica sand from its Wanipigow quarry leases [3] - The Selkirk Project will produce 6GW of low-carbon solar glass using renewable Manitoba hydroelectricity, while the US Project will produce 4GW of domestic solar glass, positioning the company as the largest and preferred supplier in North America [3] - The company has established a broader strategic vision to supply both low-carbon products from the Selkirk Project and US-manufactured products from the US Project [2] Financial Support and Partnerships - The company received financial support totaling $272 million from the Province of Manitoba and the Government of Canada for the Selkirk Project, including a $100 million non-dilutive financial support application currently in the due diligence phase [8] - Discussions were held with Manitoba-based indigenous groups for potential investment participation of up to $100 million in the Selkirk Project through the federal Indigenous Loan Guarantee Program [8] - The company is working towards formalizing $72 million in financial support from the Province of Manitoba for the Selkirk Project [8] - A site in the US was selected to repurpose a former glass manufacturing facility for the US Project, with a potential strategic partner, and a wholly owned US subsidiary was established to apply for a tax credit with the U.S. Department of Energy [8] Market Positioning and Customer Engagement - The company is advancing conversations with customers related to the supply of pattern solar glass from both the Selkirk and US Projects [8] - With a proposed annual manufacturing capacity of 10GW, the company is well-positioned to become the largest and preferred supplier of pattern solar glass in North America [3]

NORTHVILLE, Mich., Dec. 17, 2024 /PRNewswire/ -- The Society of Automotive Analysts (SAA) recently awarded its Innovations in Lightweighting Award to Cooper Standard (NYSE: CPS) for its revolutionary FlexiCore™ Thermoplastic Body Seal. This award recognizes suppliers serving North American and global automotive OEMs with innovative products or technologies that provide either direct or indirect mass savings. The SAA honored the Cooper Standard team during the SAA's Material Innovations Summit held Dec. 6 in ...

CALGARY, Alberta, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) announces the completion of two financing initiatives in support of the ongoing process to advance project financing of the Company’s pattern solar glass manufacturing facility in Selkirk, Manitoba and Company’s plans for a US pattern solar glass manufacturing facility. Two of the Company’s largest shareholders in addition to all board members and management that hold common share purchase wa ...

NORTHVILLE, Mich., Dec. 5, 2024 /PRNewswire/ -- For the sixth consecutive year, Cooper Standard (NYSE: CPS) earned a spot on Newsweek's annual list of America's Most Responsible Companies. The 2025 rankings were conducted by Newsweek and Statista Inc., a world-leading statistics portal and industry ranking provider. Cooper Standard has been included on the list of most responsible companies in the United States since the list's inception six years ago.The final list, which can be viewed on Newsweek's websit ...

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2024) - Copper Standard Resources Inc. (CSE: CSR) ("Copper Standard") and Pucara Gold Ltd. (TSXV: TORO) ("Pucara") are pleased to announce the successful completion of the previously announced transaction pursuant to which Copper Standard acquired all of the issued and outstanding common shares of Pucara (the "Pucara Shares"), not previously owned by Copper Standard, by way of a court-approved plan of arrangement (the "Arrangement"). Pursuant to t ...

NORTHVILLE, Mich., Nov. 7, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has further expanded its portfolio of sustainable innovations with a revolutionary new vehicle body seal. The Company's FlexiCore™ Thermoplastic Body Seal provides a groundbreaking way to seal a doorframe to the vehicle body by replacing traditional metal carriers with a more eco-friendly, fully recyclable lightweight plastic alternative without compromising performance. Cooper Standard expands sustainability portfolio with Flex ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission File Number: 001-36127 ______________________ ...