German police say an explosion at an automotive supplier plant in Bavaria on Monday morning has left 13 people injured, according to a report by the Associated Press.
The FAG Schaeffler factory, which is located in the town of Eltmann, mainly produces rolling bearing components.
So, if it’s made of metal and it moves, there’s a decent chance there’s a Schaeffler component in there somewhere.
The factory in question is situated approximately 55 miles north of Nuremburg, in an industrial area of Eltmann.
Four of those injured suffered “serious wounds” and had to be airlifted to hospital via helicopter.
according to Fitch: Positive Scenario for Top Australian Corporates; 2015 Consensus off Target(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: 100 Australian Listed Corporates: Credit Change Zones 2017 https://www.fitchratings.com/site/re/897872 SYDNEY, May 15 (Fitch) Seventy-seven of Australia’s top-100 listed non-financial corporates (Fitch ASX100 portfolio) are in credit-positive zones where EBITDA growth is projected to exceed the increase in net debt over the financial years ending June 2016 to 2018 (FY16-FY18f), according to Fitch Ratings’
Talbros Automotive hits 52-week high on order from German luxury car manufacturer
according to Money control News Shares of Talbros Automotive Components touched 52-week high of Rs 178.40, surged 8.5 percent intraday Monday as it has received order from German luxury car manufacturer.
Anuj Talwar, joint managing director of Talbros Automotive Components said, “The order is a very proud moment for the group.
The company has received an order under the forgings division, for supply of parts to large German luxury car manufacturer.
At 12:28 hrs Talbros Automotive Components was quoting at Rs 177.50, up Rs 13.15, or 8.00 percent on the BSE. The FAG Schaeffler factory, which is located in the town of Eltmann, mainly produces rolling bearing components.
“The order spans over a period of 7 years and the expected total revenue from the same is about Rs 175 crore,” company said in press release.