
Articles
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3 days ago |
industryweek.com | Jennifer Ramsay |Jill Jusko |Geert De Lombaerde |Laura Putre
In 2023, I wrote a story that featured custom fabrication company Morgan Li. Earlier that year, the company suffered a devastating blow when its 230,000 square-foot finished-goods warehouse, one of its five domestic facilities, was destroyed by a massive fire. The third-generation family business made plans to build a new facility in the same Chicago Heights neighborhood where it lost its warehouse space.
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2 weeks ago |
industryweek.com | Jennifer Ramsay
We rate each company based on stated production and delivery goals, financials, major news or deals and the potential for its business to perform better. From worst to best:• None : The company isn’t doing well and the outlook isn’t great, either. • None : The company is meeting some goals but is still lacking in key areas. • None : The company is meeting most of its goals and has a pretty decent outlook.
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2 weeks ago |
industryweek.com | Jennifer Ramsay
In what’s being called an “industry first,” EV charger manufacturer ChargePoint Holdings is collaborating with intelligent power management company Eaton to streamline the charger deployment process in North America and Europe. The two want to develop new technology that can turn chargers, electrical infrastructure and engineering services into a self-described “one-stop shop” for the EV charging ecosystem.
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2 weeks ago |
industryweek.com | Jennifer Ramsay
Blink Charging is cutting its workforce by 20%, with executives saying the move— the second of its kind in nine months—is “difficult but necessary.”As of December 2024, the Maryland-based electric-vehicle charging company had 594 employees.
Mullen Automotive settles legal dispute with GEM Group, potential ownership shift of Mishawaka plant
2 weeks ago |
fleetowner.com | Jennifer Ramsay
GEM Group could decide to take over the commercial EV manufacturer’s Mishawaka plant as part of its damages. After a four-year-long legal dispute, Mullen Automotive has settled its case with Gem Group over a November 2020 contract breach. The trouble first started in September 2021 when GEM Group, a global investment firm, alleged that Mullen had breached a securities agreement from the previous year.
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