Richard Childress Racing’s Post

Manage systematic risk with Freeport McMoran( $FCX ), Moodys( $MCO ), Eastman Chemical( $EMN ), NVIDIA( $NVDA ), Southwest Airlines( $LUV ), JM Smucker( $SJM ), CF Industries( $CF ), Parker Hannifin( $PH ), EBay( $EBAY ), Fifth Third( $FITB ), CH Robinson( $CHRW ) and AvalonBay Communities( $AVB ) https://lnkd.in/gv2-_Fcz

Bluehenge is thrilled to partner with The Black Phoenix Group on their acquisition of PACCAR Winch. As a leading manufacturer of hydraulic winch, hoist and drive systems, PACCAR Winch serves diverse industrial markets with top-tier products and services. This collaboration represents an exciting step forward in driving growth and innovation across the industry. #BluehengeCapitalPartners

“If you’re not in compliance, we’re not going to buy from you…” This is a message many businesses are hearing from partners worldwide. And it’s impacting how organizations need to approach regulatory obligations and supply chain transparency. Read about how Enhesa helped American Axle gain a view into their current compliance status to support their role in the supply chain in our latest success story: https://hubs.li/Q02GytB_0

We see this with #Thermoline products too! Many users share that their units continue to perform exceptionally well, often only requiring a minor component replacement to keep them running smoothly.  Investing in high-quality products can often feel like a significant upfront expense, but the long-term benefits are undeniable.  #QualityOverQuantity Q-Lab Corporation Thermoline

Today marks the 80th anniversary of the death of Thomas Midgley Jr., praised a “brilliant inventor” of his time. To THIS DAY, the world is still recovering from the ill effects of both of Midgley’s inventions. First, Midgley discovered that adding a lead compound (tetraethyl lead) to gasoline solved one of the biggest problems the automotive industry at the time — engine knocking. We all know now what lead in gasoline did to the environment. The other highly destructive invention of Midgley’s was to replace the noxious and flammable gases used in refrigeration and air conditioning with CFCs (chlorofluorocarbons) - which later turned out to destroy ozone in the atmosphere. Just as with any invention, I’m sure Midgley meant well and never thought his “problem solvers” would turn out to be as deadly as they were. But the worst part is that it took decades to realize the severe long-term effects. Does anyone else think that in 10 or 20 years from now, someone will publish a similar post, talking about #Sam Altman and #OpenAI…? 

The strategic dialogue on the future of the European automotive industry between the European Commission and industry, which will start in January, gives its strongest indication yet that there may be a clear adjustment to include synthetic fuels into the equation moving forward and beyond 2035:

Interest Rates Stunting Manufacturing Growth, NAFTA's Lingering Damage, … Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union. The two discuss how high interest rates are crushing U.S. manufacturing's potential growth, NAFTA's lingering damage in the rust belt, and how the Biden administration's industrial policies are actually turning the tide on U.S. competitiveness. For over 17 years, Mr. Paul and AAM have worked to make American manufacturing a top-of-mind issue for voters and our national leaders through effective advocacy, innovative research, and a savvy public relations strategy. The website for AAM is https://lnkd.in/gHe6am7 and their handle on X is @KeepItMadeInUSA. Scott's handle is @ScottPaulAAM.

Race would like to remind all eligible shareholders that our current Bonus Options Scheme will close on 4 June 2024. To benefit from the issued loyalty bonus options, shareholders must exercise at $0.75 per option before 5.00pm (AEST) on this date. Race Chief Executive Officer, Dr Daniel Tillett commented: “We are gratified by the large number of shareholders who have converted ahead of the deadline. On behalf of the company, I would like to thank all those shareholders who have participated. The Piggyback options offer was purposefully structured to reward shareholders for their continued support of Race and our mission. Each Piggyback Option has significant inherent value. Using the Black Scholes valuation method, a share price of $1.51, a volatility of 63%, a risk-free interest rate of 4.3%, and a two-year maturity date, each Piggyback Option is currently worth $0.66. The total value from exercising each Bonus option is $3.49.” For more information, please visit our ASX Announcement here: https://shorturl.at/qNNnh Those shareholders wishing to participate, but are unsure of how to do so, should refer to the Frequently Asked Questions (FAQ) document on the Race website here https://lnkd.in/g2MEuRYw 

Despite current challenges in the automotive market, there is a world of opportunities ahead, particularly in sustainable solutions and E-mobility. Roald Johannsen, PPG's Vice President, Automotive Coatings, EMEA, discusses the latest trends and opportunities in an interview with European Coatings. Discover how coatings play a crucial role in overcoming industry challenges and paving the way for a more sustainable and innovative future.

PPG's SECURE LAUNCH EXCELLENCE™ program is a game-changer in the coatings industry. It accelerates the development of new coatings, ensuring a seamless transition into customer manufacturing processes. By reducing time, waste, and costs, it guarantees flawless performance on production lines from the first application. #ManufacturingProcess Learn more: https://lnkd.in/eekhMGPS