Hydrogen Equipment
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Weak freight demand triggers facility closures, job cuts across supply chain
Yahoo Finance· 2026-02-04 12:30
Company Closures and Layoffs - CNH Industrial America is closing its Burlington, Iowa plant, resulting in 209 layoffs by May 2026 due to lower backhoe demand [1] - Continental Tire of America will close its Barnesville, Georgia manufacturing plant, laying off 235 employees by the end of 2026, citing long-standing cost-competitiveness issues [2] - Alton Steel Inc. will cease operations in Alton, Illinois, impacting approximately 253 employees, due to structural challenges in the domestic steel industry [3] - Macy's Inc. will close its Owasso, Oklahoma fulfillment center by the end of March, resulting in 993 layoffs as part of a supply chain modernization effort [4] - King Delivery LLC is closing operations in Brooklyn, New York, leading to 153 layoffs [6] - Fresenius USA Manufacturing will lay off 165 employees across three distribution centers due to the divestiture of parts of its logistics operation [7][8] - Kuehne+Nagel Inc. plans to close its Locust Grove, Georgia logistics operation, resulting in 153 layoffs [9] - Legacy Supply Chain is laying off 129 employees across five California locations [10] - American Eagle Outfitters is shutting down its La Palma fulfillment center, eliminating 108 jobs [11][12] - FTI Buyer LLC will close its Cincinnati facility, laying off 104 employees [13] - First Brands Group is closing its Arlington facility, affecting 88 employees [14] - Goodyear Tire & Rubber Co. plans to close its Tall Timbers Mold facility in Findlay, Ohio, resulting in 85 layoffs [15] - Lighteum Medical is laying off 83 employees at its San Diego facility [16] - Plug Power Inc. filed a WARN notice for a mass layoff at its Houston facility, affecting 74 employees [17] - Great Lakes Coca-Cola Distribution will lay off 62 employees in Lansing, Michigan [18] - Waddington North America is closing a facility in Bremen, Georgia, eliminating 49 jobs [19] - Turf Care Supply Corp. will close its blending department, eliminating 46 jobs [20] - Automated Harvesting LLC is closing its Yuma operations, laying off 46 workers [21] - H4 Logistics LLC is closing its Kenosha facility, resulting in 41 layoffs [22] - Tekni-Plex plans to close its Milwaukee facility, impacting 39 employees [23] - GXO Logistics will close its Romeoville facility, laying off 32 workers [25] Industry Trends - Weak consumer demand, excess capacity, contract losses, and network consolidation are leading shippers and logistics providers to shrink operations [5] - Manufacturers tied to industrial freight are cutting output amid slower order volumes and tighter capital conditions, reflecting a freight market struggling to regain momentum [5]
H2SITE Strengthens Its Leadership With a New Control Room, Developed in Collaboration With Siemens, to Remotely Monitor Membrane Reactor and Separator Technologies for Hydrogen Production Across Europe
Businesswire· 2025-10-27 11:01
Core Insights - H2SITE has launched a new control room in collaboration with Siemens to enhance the monitoring and optimization of its membrane reactor and separator technologies for hydrogen production across Europe [1][2][3] Group 1: Control Room Features - The control room utilizes the beta version of Siemens WinCC Unified Collaboration and Datahub software, providing a flexible and scalable platform for visualization, control, and data management [2][3] - It enables remote, real-time support and monitoring of installed reactors through secure VPN connections, allowing H2SITE teams to visualize key operational indicators such as hydrogen production and energy consumption [3][4] - The platform supports agile decision-making with precise, real-time information and enhances process analysis, data capture, and operational optimization through intelligent dashboards [3] Group 2: Project Applications - The control room is being integrated into various ongoing projects, including ammonia cracking projects like EIC, APOLO, and KATA, to monitor hydrogen production efficiency [1] - In the Waste-to-Hydrogen segment, the HYIELD project is utilizing the control room to optimize process parameters for converting waste streams into clean hydrogen [1] - Hydrogen Recovery applications such as AREARA, HERMES, and CleanToPureH are leveraging the platform for continuous performance supervision and predictive maintenance [1]
Charbone Hydrogen acquires equipment to advance Sorel-Tracy facility in Québec
Proactiveinvestors NA· 2025-09-04 19:11
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive adopts technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
McPhy Energy: Search for a buyer - Update on the situation
Globenewswire· 2025-05-14 16:50
Company Overview - McPhy Energy specializes in hydrogen production equipment, contributing to the global deployment of low-carbon hydrogen for energy transition [3] - The company offers a complete range of products for industrial, mobility, and energy sectors, providing turnkey solutions for various applications [3] - McPhy has been designing, manufacturing, and integrating hydrogen equipment since 2008, with development centers in France, Italy, and Germany [3] Recent Developments - A conciliation procedure was opened in April 2025, leading McPhy to initiate a call for tenders for a potential takeover of its assets and activities [1] - The deadline for the submission of offers was May 9, 2025, and the received tenders are currently under review [5][2] - No in bonis offers have been received, which may result in a judicial liquidation procedure for McPhy, leading to the delisting of its shares [6] Financial Implications - The anticipated residual value from the judicial liquidation is expected to be nil, as the proceeds from asset realization are likely to fall short of liabilities [6] - The company is preparing to communicate the next steps related to the takeover project and any significant changes in its situation [2]
McPhy Energy: Monthly information relating to the total number of voting rights and outstanding shares (April 30, 2025)
Globenewswire· 2025-05-13 15:45
Company Overview - McPhy specializes in hydrogen production equipment and contributes to the global deployment of low-carbon hydrogen as a solution for energy transition [2] - The company offers a complete range of products for industrial, mobility, and energy sectors, providing turnkey solutions for industrial raw material supply, recharging of fuel cell electric vehicles, and storage and recovery of electricity surplus from renewable sources [2] - McPhy has been designing, manufacturing, and integrating hydrogen equipment since 2008, with three development, engineering, and production centers located in France, Italy, and Germany [2] Financial Information - As of April 30, 2025, McPhy has a total of 29,281,788 outstanding shares and 29,100,574 net voting rights [4] Corporate Structure - McPhy Energy is a public limited company (société anonyme) with a Board of Directors and is registered under number 502 205 917 R.C.S. Belfort [5] - The company is listed on Euronext Growth Paris with the ISIN code FR0011742329 and ticker ALMCP [5]