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Borderlands: Foreign investors pump money, manufacturing jobs into Mexico freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
A busy year despite a COVID-19 pause Share Downtown Milwaukee Southeastern Wisconsin companies continued to evolve through mergers and acquisitions over the past year. Here is a look at some of the region’s other significant deals: Wauwatosa-based insurance software company Zywave Inc. was acquired by… Want to Read More? Southeastern Wisconsin companies continued to evolve through mergers and acquisitions over the past year. Here is a look at some of the region’s other significant deals: Wauwatosa-based insurance software company Zywave Inc. was acquired by California-based private equity firm Clearlake Capital Group, L.P. from Los Angeles-based Aurora Capital Partners. Members of the management team, including CEO Jason Liu, invested alongside Clearlake Capital. Zywave also continued making its own deals, acquiring Texas-based Insurance Technologies Corp. and New York-based Advisen, which helped expand its international presence. ....
Share: Dana Inc. (NYSE: DAN) lost $31 million in 2020. But a $700 million book of new business half in electric powertrains should drive profit margins higher even as spending rises. The maker of drivelines for internal combustion engines and integrated electric powertrain systems points to several new contracts boosting its profit margin to 12% by 2023. They include an electrified powertrain for a medium-duty chassis for Freightliner Custom Chassis Corp. Production begins in the third quarter. Maumee, Ohio-based Dana also won business for an e-axle, electric motor, inverter and gears for an unnamed European heavy-duty truck manufacturer. The truck with the e-propulsion system debuts in 2024. ....
Dana Light Axle Products to Close Albion Facility insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.