Latest news with #MadeinUSA
Time of India
3 days ago
- Time of India
2 held with pistols in Ranchi, 2 others on the run
Ranchi: Acting on a tip-off related to sales of arms and ammunition, the police on Saturday conducted a raid near Pahari Mandir in Ranchi and arrested two persons. "The police also seized three country-made pistols and four cartridges from them," DIG cum Ranchi SSP Chandan Kumar Sinha said. Tired of too many ads? go ad free now The arrested persons are Anil Gadhi and Aakash Mirdha. The police said they confessed to being engaged in land deals and wanted to have the pistols and cartridges with them. Sinha said, "Police are trying to nab the persons who provided the weapons to Akash and Anil. One of the country-made pistols with mark Made in USA had a misfired cartridge in its magazine." Sinha said the accused persons had no criminal antecedents. A case was registered under various sections of the Arms Act. Anil and Akash had come to the Pahari mandir to purchase 30 cartridges. Two other accused persons in the case are Akash Kumar Verma and Sandeep Kumar Prasad, wanted for supplying arms are on the run, the police said. Ranchi: Acting on a tip-off related to sales of arms and ammunition, the police on Saturday conducted a raid near Pahari Mandir in Ranchi and arrested two persons. "The police also seized three country-made pistols and four cartridges from them," DIG cum Ranchi SSP Chandan Kumar Sinha said. The arrested persons are Anil Gadhi and Aakash Mirdha. The police said they confessed to being engaged in land deals and wanted to have the pistols and cartridges with them. Sinha said, "Police are trying to nab the persons who provided the weapons to Akash and Anil. One of the country-made pistols with mark Made in USA had a misfired cartridge in its magazine." Tired of too many ads? go ad free now Sinha said the accused persons had no criminal antecedents. A case was registered under various sections of the Arms Act. Anil and Akash had come to the Pahari mandir to purchase 30 cartridges. Two other accused persons in the case are Akash Kumar Verma and Sandeep Kumar Prasad, wanted for supplying arms are on the run, the police said.
Malaysian Reserve
15-05-2025
- Business
- Malaysian Reserve
Excel Dryer: American made and tariff resilient
Hand dryer manufacturer holds prices as top competitors announce increases across full product lines EAST LONGMEADOW, Mass., May 15, 2025 /PRNewswire/ — Excel Dryer, Inc., a family-owned and operated manufacturer of touchless, high-efficiency hand dryers, is benefiting from its longstanding commitment to producing high-quality, American-made products, a strategy that has effectively insulated the company from the impact of import tariffs. 'Excel's mission has always been to design and manufacture quality American-made products that are dependable, and people like to use,' said Executive Vice President and COO William Gagnon. 'It's in our DNA.' XLERATOR® Hand Dryers are the only ones with Made in USA certification, built with parts from domestic supplier partners and manufactured in Massachusetts. As most of the top hand dryer manufacturers have announced price increases on their entire product line due to changing tariff policies, Excel is holding steady on pricing with production uninterrupted. In addition to being tariff resilient, Excel leads the industry in sustainability. A life-cycle study focusing on energy consumption shows Excel dryers provide up to a 94 percent reduction of carbon footprint versus 100 percent recycled paper towels. The company encourages developers toward environmentally friendly design practices with green continuing education courses to help builders create health-focused facilities that meet criteria for Well Building Standard (WELL) certification. Excel is also committed to hygiene, recently teaming up with the highly respected research firm Metrixlab to conduct a global survey. Results show a strong link between public restroom cleanliness and business reputation, with respondents saying the number one contributing factor to a dirty restroom is paper towels on the floor or overflowing trash cans. 'Every day our workers here in Massachusetts create the world's most efficient, environmentally friendly and hygienic hand drying solution,' said Gagnon. 'Born from American innovation, we are proud to set the standard for the industry.' About Excel Dryer, Dryer is a family-owned and operated company that revolutionized the industry with the invention of the XLERATOR® Hand Dryer, which set a new standard for performance, reliability and customer satisfaction. For more than 50 years, Excel has been manufacturing American-made hand drying solutions that are dependable, cost effective, safe and sustainable. Backed by the best customer service, Excel Dryer products can be purchased through an established network of sales representatives and distributors globally. Learn more about Excel Dryer at
Yahoo
15-05-2025
- Business
- Yahoo
Excel Dryer: American made and tariff resilient
Hand dryer manufacturer holds prices as top competitors announce increases across full product lines EAST LONGMEADOW, Mass., May 15, 2025 /PRNewswire/ -- Excel Dryer, Inc., a family-owned and operated manufacturer of touchless, high-efficiency hand dryers, is benefiting from its longstanding commitment to producing high-quality, American-made products, a strategy that has effectively insulated the company from the impact of import tariffs. "Excel's mission has always been to design and manufacture quality American-made products that are dependable, and people like to use," said Executive Vice President and COO William Gagnon. "It's in our DNA." XLERATOR® Hand Dryers are the only ones with Made in USA certification, built with parts from domestic supplier partners and manufactured in Massachusetts. As most of the top hand dryer manufacturers have announced price increases on their entire product line due to changing tariff policies, Excel is holding steady on pricing with production uninterrupted. In addition to being tariff resilient, Excel leads the industry in sustainability. A life-cycle study focusing on energy consumption shows Excel dryers provide up to a 94 percent reduction of carbon footprint versus 100 percent recycled paper towels. The company encourages developers toward environmentally friendly design practices with green continuing education courses to help builders create health-focused facilities that meet criteria for Well Building Standard (WELL) certification. Excel is also committed to hygiene, recently teaming up with the highly respected research firm Metrixlab to conduct a global survey. Results show a strong link between public restroom cleanliness and business reputation, with respondents saying the number one contributing factor to a dirty restroom is paper towels on the floor or overflowing trash cans. "Every day our workers here in Massachusetts create the world's most efficient, environmentally friendly and hygienic hand drying solution," said Gagnon. "Born from American innovation, we are proud to set the standard for the industry." About Excel Dryer, Dryer is a family-owned and operated company that revolutionized the industry with the invention of the XLERATOR® Hand Dryer, which set a new standard for performance, reliability and customer satisfaction. For more than 50 years, Excel has been manufacturing American-made hand drying solutions that are dependable, cost effective, safe and sustainable. Backed by the best customer service, Excel Dryer products can be purchased through an established network of sales representatives and distributors globally. Learn more about Excel Dryer at View original content to download multimedia: SOURCE Excel Dryer Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
'The President Has The Right To Fire People'—Press Secretary Leavitt Dodges Question On Keeping Dangerous Toys And Cribs Off The Market
President Donald Trump's recent decision to fire three Democratic-appointed members of the Consumer Product Safety Commission has sparked intense backlash, with critics warning that the move could undermine public safety and consumer protections. The commissioners Richard Trumka Jr., Alexander Hoehn-Saric, and Mary Boyle were removed from the independent watchdog on Thursday, just hours after two staffers from the Department of Government Efficiency visited the CPSC's headquarters. According to Politico, the firings came shortly after the commissioners voted to block an attempt by Acting Chair Peter Feldman to officially bring the DOGE staffers into the agency. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Trumka said in a statement that he received an email shortly after rejecting the DOGE proposal, informing him that his position had been terminated. "Of course, he did not give any reason why," Trumka added. "However, it immediately follows me doing two things that this Administration is against: (1) advancing solutions to protect the American people from harm, and (2) stopping the illegal firing of scores of public servants who do lifesaving work."Hoehn-Saric, who chaired the commission until January, described in a statement the firings as "part of the Trump Administration's ongoing attack on federal agencies and federal workers to the detriment of the American public." Boyle, a long-serving CPSC official, said in a statement that the terminations were a clear act of retaliation for standing up to DOGE. Trending: Nancy Pelosi Invested $5 Million In An AI Company Last Year — During a press exchange on Friday, White House press secretary Karoline Leavitt was asked whether the administration believes it's important to keep dangerous toys and cribs off the market, given the CPSC's critical role in protecting consumers. Leavitt responded by focusing on the president's executive authority: "It's a federal agency within which branch? It's the executive branch. Who's the head of the executive branch? The President of the United States. He has the right to fire people within the executive branch. It's a pretty simple answer." Consumer advocacy groups have also condemned the move. William Wallace, director of safety advocacy at Consumer Reports, called the firings "an appalling and lawless attack on the independence of our country's product safety watchdog," adding that anyone who cares about keeping their family safe should demand the decision be reversed. Meanwhile, Lina Khan, the former chair of the Federal Trade Commission under President Joe Biden, warned that weakening consumer protection enforcement will backfire, putting honest American businesses at a disadvantage. "Gutting consumer protection enforcement means Made in USA fraud will skyrocket, punishing honest American businesses," Khan said in a recent post on X. The restructuring of the CPSC is part of a broader push by the Trump administration to reduce the independence of federal agencies, including the FTC. Trump has already replaced several Democratic commissioners, including former FTC commissioners Alvaro Bedoya and Rebecca Kelly Slaughter, both of whom have sued to challenge their dismissals. As the administration continues to tighten its grip on regulatory agencies, critics argue that the moves could leave consumers more vulnerable to unsafe products and deceptive marketing. Read Next: Invest where it hurts — and help millions heal:. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'The President Has The Right To Fire People'—Press Secretary Leavitt Dodges Question On Keeping Dangerous Toys And Cribs Off The Market originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Automotive
- Yahoo
Allison Transmission (NYSE:ALSN) Reports Sales Below Analyst Estimates In Q1 Earnings
Transmission provider Allison Transmission (NYSE:ALSN) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 2.9% year on year to $766 million. On the other hand, the company's full-year revenue guidance of $3.25 billion at the midpoint came in 2% above analysts' estimates. Its GAAP profit of $2.23 per share was 8.7% above analysts' consensus estimates. Is now the time to buy Allison Transmission? Find out in our full research report. Revenue: $766 million vs analyst estimates of $790.9 million (2.9% year-on-year decline, 3.2% miss) EPS (GAAP): $2.23 vs analyst estimates of $2.05 (8.7% beat) Adjusted EBITDA: $287 million vs analyst estimates of $282.3 million (37.5% margin, 1.7% beat) The company reconfirmed its revenue guidance for the full year of $3.25 billion at the midpoint EBITDA guidance for the full year is $1.2 billion at the midpoint, above analyst estimates of $1.15 billion Operating Margin: 32.5%, up from 29.7% in the same quarter last year Free Cash Flow Margin: 20.2%, similar to the same quarter last year Market Capitalization: $7.86 billion David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Allison is well-positioned to navigate current trade uncertainties, utilizing our global footprint to provide our North American customers with Made in USA products while supplying our Outside North America customers with on-highway products produced outside North America." Helping build race cars at one point, Allison Transmission (NYSE:ALSN) offers transmissions to original equipment manufacturers and fleet operators. A company's long-term sales performance is one signal of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Unfortunately, Allison Transmission's 3.8% annualized revenue growth over the last five years was sluggish. This wasn't a great result compared to the rest of the industrials sector, but there are still things to like about Allison Transmission. We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Allison Transmission's annualized revenue growth of 6.3% over the last two years is above its five-year trend, but we were still disappointed by the results. We can better understand the company's revenue dynamics by analyzing its three most important segments: North America On-Highway, International On-Highway, and Service and Support, which are 56.8%, 14.6%, and 19.3% of revenue. Over the last two years, Allison Transmission's revenues in all three segments increased. Its North America On-Highway revenue (propulsion solutions) averaged year-on-year growth of 12.9% while its International On-Highway (propulsion solutions) and Service and Support (parts and equipment) revenues averaged 3.3% and 2.4%. This quarter, Allison Transmission missed Wall Street's estimates and reported a rather uninspiring 2.9% year-on-year revenue decline, generating $766 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 2.4% over the next 12 months, a deceleration versus the last two years. This projection is underwhelming and implies its products and services will face some demand challenges. At least the company is tracking well in other measures of financial health. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. Allison Transmission has been a well-oiled machine over the last five years. It demonstrated elite profitability for an industrials business, boasting an average operating margin of 28.8%. This result isn't surprising as its high gross margin gives it a favorable starting point. Analyzing the trend in its profitability, Allison Transmission's operating margin rose by 6.9 percentage points over the last five years, as its sales growth gave it operating leverage. In Q1, Allison Transmission generated an operating profit margin of 32.5%, up 2.8 percentage points year on year. The increase was encouraging, and because its operating margin rose more than its gross margin, we can infer it was more efficient with expenses such as marketing, R&D, and administrative overhead. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Allison Transmission's EPS grew at a remarkable 12.5% compounded annual growth rate over the last five years, higher than its 3.8% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. We can take a deeper look into Allison Transmission's earnings quality to better understand the drivers of its performance. As we mentioned earlier, Allison Transmission's operating margin expanded by 6.9 percentage points over the last five years. On top of that, its share count shrank by 25.9%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Allison Transmission, its two-year annual EPS growth of 19.3% was higher than its five-year trend. We love it when earnings growth accelerates, especially when it accelerates off an already high base. In Q1, Allison Transmission reported EPS at $2.23, up from $1.90 in the same quarter last year. This print beat analysts' estimates by 8.7%. We also like to analyze expected EPS growth based on Wall Street analysts' consensus projections, but there is insufficient data. We were impressed by Allison Transmission's optimistic full-year EBITDA guidance, which blew past analysts' expectations. We were also glad its full-year revenue guidance exceeded Wall Street's estimates. On the other hand, its revenue missed significantly and its North America On-Highway revenue fell short of Wall Street's estimates. Overall, this print was mixed but still had some key positives. The stock traded up 3.4% to $96.50 immediately after reporting. Allison Transmission put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
