Tenneco Opens New Monroe European Engineering Center In Gliwice, Poland
NORTHVILLE, Ill., May 24, 2023 (GLOBE NEWSWIRE) -- Tenneco today celebrated the grand opening of a state-of-the-art, 9.600-square-metre engineering center that will serve the company’s European Ride Control and Advanced Suspension Technologies (AST) businesses. The new Monroe European Engineering Center is located approximately 2 kilometers from Tenneco’s manufacturing complex, in Gliwice, Poland.
Tenneco executives were joined by national and local government representatives, customers, members of leading European research institutes, and media professionals for the morning celebration, which included presentations, a ribbon-cutting ceremony and tours of the new facility.
“This impressive new facility enables our Ride Control and Advanced Suspension Technologies teams to increase the velocity and value of our technology introduction on behalf of global OEMs,” said Romain Nollet, Group Vice President and General Manager Ride Control. “We continue to invest in the best people, facilities, resources and systems to help each of our customers achieve their business goals, with every platform and every vehicle model.”
The Monroe European Engineering Center houses nearly 240 Tenneco Ride Control and AST product engineers whose work supports an array of leading global vehicle manufacturers as well as the company’s Performance Solutions plants in Spain, Czech Republic, Belgium and Poland. Among the principal products designed and validated in the new center are Monroe OE Solutions passive dampers and modules and Monroe Intelligent Suspension semi-active suspension dampers and modules. Together these technologies are featured in millions of late-model passenger vehicles, commercial trucks, buses, trailers and other applications.
The facility is also responsible for the design of a broad range of core components – including valve systems, guidance and sealing systems and structural parts and materials – featured in Monroe OE Solutions and Monroe Intelligent Suspension dampers. In addition, the new center oversees European “ride work” activities, through which Tenneco engineers collaborate with vehicle manufacturers to test and finalize damper valving prior to the launch of each new vehicle model.
In conjunction with the building project, Tenneco invested in the latest computer-aided design (CAD) and engineering (CAE) technologies and other solutions required for the development of mechanical, electronic and hydraulic systems. The facility’s 5.330-square-meter shop is equipped to quickly produce and test protypes of all types of passive and semi-active dampers. Onsite product validation capabilities include strength, durability, corrosion, performance and noise tests as well as computerized simulations of component and product performance.
With the opening of the Monroe European Engineering Center, Tenneco now serves Ride Control and AST customers through a network of five advanced technology facilities, in Gliwice; Monroe, Mich., USA; Ermua, Spain; Sint-Truiden, Belgium; and Beijing, China.
To learn more about Tenneco, visit www.tenneco.com. For more information about Monroe OE Solutions and/or Monroe Intelligent Suspension technologies, visit www.monroe-oe.com and www.monroeintelligentsuspension.com.
About Tenneco
Tenneco is one of the world’s leading designers, manufacturers, and marketers of automotive products for original equipment and aftermarket customers. Through our DRiV, Performance Solutions, Clean Air and Powertrain business groups, Tenneco is driving advancements in global mobility by delivering technology solutions for light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Visit www.tenneco.com to learn more.
CONTACT:
| Bill Dawson Media Relations-North America 847 482 5807 bdawson@tenneco.com | Simonetta Esposito Media Relations-Europe (32) 471 44 02 68 sesposito@tenneco.com |
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1dde1d6b-4935-4e8b-9333-6feed92e2210
https://www.globenewswire.com/NewsRoom/AttachmentNg/e1f0998e-5f20-4674-92a3-f729c898794c
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin