Latest news with #electromechanical
Yahoo
3 hours ago
- Business
- Yahoo
Woodward completes acquisition of Safran's NA electromechanical business
Woodward (WWD) has completed its acquisition of Safran's Electronics & Defense electromechanical actuation business based in the United States, Mexico, and acquisition, first announced in December 2024, includes intellectual property, operations assets, talent, and long-term customer agreements, including those for Horizontal Stabilizer Trim Actuation systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350. The A350 HSTA, a key product within the acquired portfolio, represents one of the most advanced electromechanical control technologies in large commercial aviation. The transaction also includes other electromechanical products and electronic control units with a portfolio of commercial and business aircraft applications. Teams will now work to ensure the integration process supports an efficient transition for team members and for customers. This acquisition was made in the ordinary course of business. It is not financially material, and therefore the financial terms of the transaction are not disclosed at this time. Additional information, if any, will be disclosed in upcoming periodic reports, in compliance with applicable rules. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on WWD: Disclaimer & DisclosureReport an Issue Woodward price target raised to $294 from $267 at Truist Woodward price target raised to $320 from $291 at Deutsche Bank Woodward removed from US Conviction List at Goldman Sachs Woodward selected by Airbus as supplier for hydraulic A350 SPA Woodward price target raised to $267 from $232 at Truist
Reuters
5 days ago
- Business
- Reuters
Assa Abloy's Q2 operating profit beats expectations
STOCKHOLM, July 17 (Reuters) - Assa Abloy ( opens new tab, the world's largest lockmaker, posted on Thursday a slightly bigger second-quarter operating profit than expected and said demand for upgrades to electromechanical and digital solutions was strong despite softer market environment. Operating profit at the Swedish group fell to 5.96 billion crowns ($611.7 million) from 6.07 billion a year earlier. Analysts polled by LSEG had on average expected a profit of 5.85 billion crowns. ($1 = 9.7436 Swedish crowns)
Yahoo
16-06-2025
- Business
- Yahoo
NKK Switches of America Selects Stanley Duwal to Manage US Eastern Territory
SCOTTSDALE, Ariz., June 16, 2025 (GLOBE NEWSWIRE) -- NKK Switches, a global designer, manufacturer and switch solution provider of innovative electromechanical switches, announces the appointment of Mr. Stanley Duwal as Regional Sales Manager of the Eastern Division of the United States. This election is in consistent alignment with NKK's commitment to provide direct sales support to both existing and potential customers. Stanley began the groundwork of his career attending the University of Illinois at Chicago, then went on to earn an MBA from Keller Graduate School of Management. He brings decades of vast background experience and knowledge to NKK, first with Newark Electronics, and later, as branch manager with Allied Electronics / RS Components. NKK is delighted to welcome Stanley and his skills and enthusiasm! He will be an asset to the Regional Sales Manager team as he manages NKK's key accounts, regional sales representative firms, and channel partners located in the eastern US. He is looking forward to enhancing existing relationships and generating many new ones. About NKK Switches For over 70 years, NKK has designed and manufactured the industry's most extensive array of electromechanical switches while establishing quality and credibility in switch solutions. A complete suite of comprehensive solutions is available, including design, programming, value added services and ongoing engineering support. NKK's switches have been in the forefront of the list that includes toggles, rockers, pushbuttons, programmable, keylocks, rotaries, slides, tactiles, tilt switches, touch screens and membranes; within the group types are illuminated, surface mount, sealed, IP rated and emergency stop switches. Various power levels, mounting types and terminals in ultra-miniature, subminiature, miniature and standard sizes are offered. For more information: Media Contactmarketing@ A photo accompanying this announcement is available at
Globe and Mail
02-06-2025
- Business
- Globe and Mail
NKK Switches of America Announces Vincent Matsushita as President of North American Operations
SCOTTSDALE, Ariz., June 02, 2025 (GLOBE NEWSWIRE) -- NKK Switches, a global designer, manufacturer and switch solution provider of innovative electromechanical switches, announces the appointment of Mr. Vincent Matsushita as President of its North American operations in Scottsdale, AZ. This election is in consistent alignment with NKK's ongoing commitment of ensuring excellence in quality and procuring market share in North America. Raised and educated in Japan, Vincent moved to southern CA and worked as a chemical engineer, and from there, a marketing specialist with ITT Industries in the Military/Aerospace division. Here he was deeply involved with NASA's international space station JEM project. For the past 18 years, Vincent was employed with Ryosan Technologies USA, Inc., a Japanese semiconductor distributor, first as a regional sales manager, and more recently, as president. NKK is pleased to welcome Vincent, an accomplished executive with extensive technical knowledge and qualifications in management and distribution. He was drawn to NKK's traditional values and spirit. He is anxious to unite his expertise with the NKK team and enlarge the vision of increased market share while supplying superior products and exceptional customer care. About NKK Switches NKK has been a global designer and manufacturer of the industry's most extensive array of electromechanical switches for over 70 years. A complete suite of comprehensive solutions is available, including design, programming, value added services and ongoing engineering support. Their portfolio includes toggles, rockers, pushbuttons, programmable, keylocks, rotaries, slides, tactiles, tilt switches, touch screens and membranes; and within the group types are illuminated, surface mount, sealed, IP rated and emergency stop switches. Various power levels, mounting types and terminals in ultra-miniature, subminiature, miniature and standard sizes are offered. For more information:
Yahoo
18-05-2025
- Business
- Yahoo
Was Jim Cramer Right About AMETEK (AME) Stock?
Back in 2024, on May 14, a caller asked about AMETEK, Inc (NYSE:AME), praising its chart and its role in electromechanical devices and gas analyzers for the semiconductor industry at the time. Cramer was enthusiastic back then, saying: "Oh man, come on, AME? Just one of the great industrials too. I mean, absolutely terrific company. Used to own a ton of it when I was at my hedge fund. I like what you're up to." Cramer's endorsement was modestly correct, with the stock rising 6.43% over the past year. AMETEK, Inc. (NYSE:AME) is a global manufacturer of precision instruments and electromechanical devices used across aerospace, power, and semiconductor industries. While we acknowledge the potential of AME to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AME and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
