TriMas Completes Acquisition of GMT Aerospace

TriMas Completes Acquisition of GMT Aerospace

Further Expanding Its TriMas Aerospace Platform Press Release – February 17, 2025 – BLOOMFIELD HILLS, Mich. – TriMas (NASDAQ: TRS) today announced that it has completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH (“GMT”). Based in Germany, GMT’s aerospace division (“GMT Aerospace”) develops and manufactures a wide range of tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications. … Continue reading TriMas Completes Acquisition of GMT Aerospace

Stellantis and Mistral AI Strengthen Strategic Partnership

Stellantis and Mistral AI Strengthen Strategic Partnership to Enhance Customer Experience, Vehicle Development and Manufacturing

Press Release – February 7, 2025 – PARIS – Stellantis N.V. and Mistral AI are deepening their strategic collaboration to integrate artificial intelligence (AI) across multiple areas, from vehicle engineering to in-car experiences. This partnership leverages Mistral AI’s expertise in large language models (LLMs) and AI-driven automation to bring AI to many systems and applications across Stellantis enterprise, improving data analysis, streamlining development, and enhancing customer … Continue reading Stellantis and Mistral AI Strengthen Strategic Partnership to Enhance Customer Experience, Vehicle Development and Manufacturing

honeywell

Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies

Press Release – February 6, 2025 – CHARLOTTE, N.C., Feb. 6, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) announced today that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result … Continue reading Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies

Baxter Announces CEO Retirement and Appointment of COO

BAXTER ANNOUNCES CEO RETIREMENT AND APPOINTMENT OF COO

José (Joe) E. Almeida to retire as Chair, President and Chief Executive Officer DEERFIELD, Ill., FEB. 3, 2025 – Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced that José (Joe) E. Almeida, chair, president and chief executive officer (CEO), will retire from his executive roles with the company, effective immediately. He will serve in an advisory capacity through Oct. 31, 2025. The Baxter … Continue reading BAXTER ANNOUNCES CEO RETIREMENT AND APPOINTMENT OF COO

Mary Kay Inc. Names Dr. Lucy Gildea Chief Brand and Scientific Officer

Mary Kay Inc. Names Dr. Lucy Gildea Chief Brand and Scientific Officer

Press Release – February 06, 2025 – DALLAS – To empower future growth, iconic beauty and entrepreneurship company Mary Kay Inc. announced today the appointment of Dr. Lucy Gildea as Chief Brand and Scientific Officer. Gildea and her freshly designed cross-functional team will pioneer a new operating model to power up Mary Kay’s global brand and science aiming for growth and customer loyalty in over 40 markets. In her … Continue reading Mary Kay Inc. Names Dr. Lucy Gildea Chief Brand and Scientific Officer