New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 23, 2012
08:49 EDTALVAutoliv announces U.S. expansion plans
In addition to the recently announced new propellant factory in China, Autoliv announced it is adding a sixth processing facility at its Promontory, Utah location to meet growing demand for airbag gas generant. The new facility in Promontory will add 20% more capacity to Autolivís existing global gas generant production capabilities. Capital investment is expected to cost approximately $13M. The company also announced plans to expand its Tremonton, Utah facility to keep pace with market growth for initiators and micro gas generators used in its airbag and seatbelt products. The majority of floor space added in this $5M expansion is slated for new production lines which could supply up to 30% more capacity when the space is fully utilized. Current plans call for just two new lines to be completed in 2013 adding 10% more initiator capacity, the company said.
News For ALV From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2015
05:31 EDTALVAutoliv appoints Mats Backman as CFO
Autoliv has appointed Mats Backman as Group Vice President and CFO. Backman will assume his position with Autoliv during the first half of 2016. He is currently CFO of Sandvik Group, which he first joined in 2007 and has been its CFO since 2013. After thirteen years with the company, whereof seven years as CFO, Mats Wallin, will leave his position to pursue other opportunities based on a mutual agreement with Autoliv. Mats will remain in his current position until his successor joins Autoliv.
November 20, 2015
07:30 EDTALVUBS to hold a conference
Industrials & Transportation Conference is being held in Boca Raton, FL on November 18-20 with webcasted company presentations to begin on November 20 at 8 am; not all company presentations may be webcasted. Webcast Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use