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Kalmar Corporation - Managers' transactions - Torttila-Miettinen
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is involved in critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company operates in over 120 countries and employs approximately 5,200 people [2] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - Emilia Torttila-Miettinen, a member of the Board, received a share-based incentive of 1,368 shares at a unit price of 0.00 EUR on April 30, 2025 [1] - The transaction was reported as an initial notification under the relevant regulations [1] - The aggregated volume of the transaction also reflects a volume-weighted average price of 0.00 EUR [1]
Kalmar Corporation - Managers' transactions - Hedblom
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is involved in critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company operates in over 120 countries and employs approximately 5,200 people [2] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - A recent transaction involved Marcus Hedblom, a member of the Board, receiving a share-based incentive of 1,296 shares at a unit price of 0.00 EUR [1] - The transaction was recorded on April 30, 2025, and is categorized as an initial notification [1] - The aggregated volume for the transaction was also 1,296 shares with a volume-weighted average price of 0.00 EUR [1]
Kalmar Corporation - Managers' transactions - Lindholm
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is involved in critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company operates in over 120 countries and employs approximately 5,200 people [2] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - A member of the Board, Casimir Lindholm, received a share-based incentive on April 30, 2025, involving 1,512 shares at a unit price of 0.00 EUR [1] - The transaction was reported as an initial notification under the relevant regulations [1]
Kalmar Corporation - Managers' transactions - Pohjonen
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is involved in critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company offers a diverse range of heavy material handling equipment and services for ports, terminals, distribution centers, manufacturing, and heavy logistics [2] - Kalmar operates in over 120 countries and employs approximately 5,200 people [2] Group 2 - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] - A recent transaction involved Sari Pohjonen, a member of the board, receiving a share-based incentive of 1,440 shares at a unit price of 0.00 EUR [1] - The transaction was conducted on April 30, 2025, and is categorized as an initial notification [1]
Kalmar Corporation - Managers' transactions - Eskola
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is focused on sustainable material handling equipment and services, aiming to lead in the industry [2] - The company operates globally in over 120 countries and employs approximately 5,200 people [2] - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - Jaakko Eskola, a member of the Board, received a share-based incentive of 2,521 shares at a unit price of 0.00 EUR on April 30, 2025 [1] - The transaction was reported as an initial notification under the relevant regulations [1] - The aggregated volume of the transaction was 2,521 shares with a volume-weighted average price of 0.00 EUR [1]
Kalmar Corporation - Managers' transactions - Kemppi-Vasama
Globenewswire· 2025-05-05 10:30
Group 1 - Kalmar Corporation is involved in critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company offers a diverse range of heavy material handling equipment and services for ports, terminals, distribution centers, manufacturing, and heavy logistics [2] - Kalmar operates in over 120 countries and employs approximately 5,200 people [2] Group 2 - In 2024, Kalmar's sales totaled approximately EUR 1.7 billion [2] - A recent transaction involved Teresa Kemppi-Vasama, a member of the board, receiving 1,296 shares as part of a share-based incentive [1] - The transaction occurred on April 30, 2025, with a unit price of 0.00 EUR [1]
HYSTER-YALE ANNOUNCES STRATEGIC BUSINESS REALIGNMENT
Prnewswire· 2025-04-30 13:00
Core Viewpoint - Hyster-Yale, Inc. is implementing a strategic realignment of its Nuvera fuel cell business to enhance profitability and integrate energy solutions, expecting annualized cost reductions of $15 to $20 million starting in the second half of 2025 [1][2][3] Group 1: Strategic Business Realignment - The realignment aims to absorb Nuvera resources into open positions to accelerate the development of battery products and services, along with a mobile charging platform [1][2] - The company anticipates incurring employee severance and impairment costs of approximately $15 to $18 million in Q2 2025 due to this realignment [1] Group 2: Product Development and Synergies - The program will leverage Nuvera's technical skills to enhance the growth and profitability of battery and charger programs, including off-grid power solutions and electric power solutions for port equipment [2][3] - Significant technical and product synergies are expected between fuel cells, lithium-ion batteries, chargers, and the mobile charge platform, particularly in controls, packaging, cooling, and manufacturing [2] Group 3: Broader Strategic Change Program - This realignment is part of a larger strategic change program aimed at transforming Hyster-Yale's core forklift truck business while expanding into warehouse forklift trucks, automation, and energy management [3] - The company is focusing on creating modular, scalable products and optimizing its manufacturing footprint to support revenue growth and enhance operating profitability [3] Group 4: Future Product Launches - Initial sales of the HydroChargeTM product are expected to commence in the second half of 2025, with battery and fuel cell electric port equipment trucks already in customer testing [2] - The company is also developing a mobile, modular hybrid electric charging platform that will utilize both battery solutions and Nuvera's fuel cell technology [4]
HYSTER-YALE ANNOUNCES DATES OF FIRST QUARTER 2025 EARNINGS RELEASE AND WEBCAST
Prnewswire· 2025-04-29 10:30
Company Overview - Hyster-Yale, Inc. is headquartered in Cleveland, Ohio, and is a globally integrated company that offers a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products [3][4] - The company's vision is to transform the way materials are moved from Port to Home, focusing on understanding customer applications and providing optimal solutions to improve productivity at the lowest cost of ownership [3] Financial Results Announcement - Hyster-Yale, Inc. will release its First Quarter 2025 financial results after the market closes on May 6, 2025 [1] - A webcast will be hosted on May 7, 2025, at 11:00 a.m. ET to discuss the financial results, with access available on the company's website [1][2] Subsidiaries and Operations - The company's wholly owned subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, and aftermarket parts, primarily under the Hyster® and Yale® brand names [4] - Hyster-Yale also includes subsidiaries such as Bolzoni S.p.A., which produces attachments and lift tables, and Nuvera Fuel Cells, LLC, focused on fuel cell technology [4]
Toyota Material Handling Europe and Plug Power, supply partners of STEF, to bring cutting-edge hydrogen forklift and hydrogen fuel cell solutions to two of its cold storage distribution centers, in France and Spain
GlobeNewswire News Room· 2025-04-03 11:00
Core Viewpoint - STEF Group is advancing its sustainability efforts by launching two hydrogen projects in collaboration with Toyota Material Handling Europe and Plug Power, aimed at integrating hydrogen production and fuel cell technology into its logistics operations for temperature-controlled food products [1][6]. Group 1: Hydrogen Projects Overview - The two hydrogen projects are located in Athis-Mons, France, and Torrejón de Ardoz, Spain, focusing on powering forklifts with green hydrogen [2][9]. - In France, green hydrogen is produced using renewable energy and delivered on-site, while in Spain, an electrolyzer generates hydrogen on-site powered by a 2.9 MWp photovoltaic rooftop plant [2][3]. Group 2: Benefits of Hydrogen Technology - Hydrogen fuel cells can enhance forklift operator productivity, offering better performance in temperature ranges from -18° to +4°, and allowing for quick refueling in under 3 minutes [4][5]. - The lifespan of hydrogen fuel cells is approximately 10 years, which is double that of traditional batteries, contributing to reduced environmental impact [5]. Group 3: Strategic Partnerships - Toyota Material Handling Europe will supply STEF with fuel cell-ready forklifts tailored to the specific needs of STEF's operations, enhancing safety and comfort for operators [7]. - Plug Power will provide a comprehensive hydrogen solution, including fuel cells, electrolyzers, and ongoing service, as part of its GenKey ecosystem [10][11]. Group 4: Environmental Commitment - These projects are part of STEF's Moving Green climate initiative, which aims to utilize 100% low-carbon energy in its buildings by the end of 2025 [6].