Search Results for knorr-bremse

Knorr-Bremse climate targets have been validated by an international science organization

Knorr-Bremse Named “Best Brand” in Germany

MUNICH, Germany–In a readership survey conducted by publishers ETM, KnorrBremse, won the “Best Brand” title in the Brakes category for the fourteenth time in succession. Once a year, publishers EuroTransportMedia (ETM) invite readers of their most widely read commercial vehicle…

Knorr-Bremse

Knorr-Bremse Reports Solid First Quarter

MUNICH, Germany–Knorr-Bremse AG, a global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems, and parent company of Bendix, is off to a strong start in 2019, with healthy first-quarter earnings. Revenues…

Knorr-Bremse climate targets have been validated by an international science organization

Knorr-Bremse shuttering Wulfrathe facility

MUNICH, Germany–Knorr-Bremse announced this week it is closing down its steering systems production at Wulfrathe by 2020. The company is not getting out of the business, but consolidating its production and research and development around commercial steering systems. The company…

Knorr-Bremse Parts Ways With CEO Klaus Deller

MUNICH, Germany– Klaus Deller, the Chairman of the Executive Board of Knorr-Bremse AG, will leave the company on April 30 by mutual agreement. The Supervisory Board has already initiated the search for his successor. During the interim, the responsibilities of…

Knorr-Bremse IAA

Knorr-Bremse Closes Deal To Buy Hitachi Unit

MUNICH, Germany–Brake maker Knorr-Bremse is diversifying and strengthening its steering business by acquiring the commercial vehicle steering operation of Hitachi Automotive Systems Ltd. in Japan. Knorr, which is alos a leading supplier of rail and heavy-duty sub-systems, closed the deal,…

Knorr-Bremse IAA

Knorr-Bremse IAA Commercial Vehicle Recap

IAA Commercial Vehicles 2018: Knorr-Bremse IAA strategy and product offensive on the industry’s megatrends very well received by customers:   ▪ Broad range of market-led solutions to challenges facing commercial vehicle sector  ▪ Island exhibits on market megatrends prove strong attractions…

Knorr-Bremse IPO

Knorr-Bremse IPO a Success

After its IPO Friday, German brake conglomerate Knorr-Bremse is officially a public company. According to Transport Topics, Knorr-Bremse’s majority shareholder, Heinz Hermann Thiele, now has a net worth of about $15.3 billion. According to the site: Knorr-Bremse was founded in 1905,…

Knorr-Bremse IPO

High Demand for Knorr-Bremse IPO

German manufacturer Knorr-Bremse reports a high level of interest in its upcoming IPO. In fact, the company is shortening its pre-sale offer period by a day. This pre-sale period is an opportunity for very large investors to purchase large blocks…

CO2 LCA

Knorr-Bremse Boasts Lower LCA CO2 Footprint

Manufacturer Knorr-Bremse announced today that its new generation of commercial disc brakes, SYNACT and NEXTT, create about a 10% drop on CO2 emissions compared to its previous generation of brakes. Knorr-Bremse performed a life cycle assessment (LCA) to determine this…

Knorr-Bremse Prepares for IPO

German brake maker Knorr-Bremse has been in business since 1905, but shares are going public for the first time. Last year, Knorr-Bremse had $7.2 billion in revenue. It controls a large share of the market in pneumatic commercial and train…

Bendix

Bendix Expands Huntington Operations

Bendix Commercial Vehicle Systems LLC is set to enhance its manufacturing and distribution facilities in Huntington, Indiana. This strategic expansion follows decades of substantial growth since the complex first opened in 1980. The primary North American distribution center will be…

Bendix Wins Top Green Building Award

Bendix Wins Top Green Building Award

Avon’s Bendix Headquarters Earns Prestigious Sustainability Honor The Bendix Commercial Vehicle Systems LLC (Bendix) headquarters in Avon, Ohio, has been awarded the coveted title of overall winner in the Cleveland 2030 District’s Green Building Challenge. This accolade is a testament…