Jan 17, 2022 | Business
Leading mobility supplier DENSO, and powertrain supplier Aisan today announced their respective Board of Directors have agreed upon and signed an agreement to transfer DENSO’s fuel pump module* business to Aisan. In addition, the Board agreed to allow Aisan to acquire DENSO’s equity stake in KYOSAN DENSO MANUFACTURING KENTUCKY, LLC (KDMK), located in Mt. Sterling, KY. The transfer is estimated to be on August 1, 2022.
The two companies previously announced that they reached a basic agreement on May 20, 2019, to begin studying the possibility of strengthening their competitiveness in powertrain and future growth areas. As a result of the study, the companies agreed that DENSO will transfer its entire business of developing, producing, and selling fuel pump modules to Aisan, and Aisan will acquire DENSO’s equity stake in KDMK. Additionally, the companies determined that DENSO will not increase its ownership stake in Aisan.
Mutually Beneficial Agreement:
The mutually beneficial agreement will allow DENSO to focus on its Two Great Causes: Green and Peace of Mind, under which it will work to achieve carbon neutrality, zero traffic accidents and safe and seamless society. While, Aisan will work to improve its product capabilities by combining both Aisan and DENSO’s technology and knowhow, as well as maximizing resources to improve production efficiency and achieve low-cost manufacturing.
The two companies will continue to collaborate and utilize each other’s strengths and contribute to the realization of a sustainable mobility society.
This business transfer is subject to approval from the antitrust authorities in the relevant countries and regions.
* Fuel pump module
An assembly that delivers fuel from the fuel tank to the engine
Overview of business transfer:
Business to be transferred – Fuel pump module
Agreement date – January 17, 2022
Date of the transfer – August 1, 2022 (planned)
About DENSO
DENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global.
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Jul 31, 2021 | Books, Business
ConFunkShun, Cherrelle Dexter Tucker J-Red @Bal
SAN LEANDRO, Calif. – July 29, 2021 – PRLog — POSTED COURTESY OF WRIGHT ENTERPRISES SAN FRANCISCO~DALLAS COMMUNITY SPOTLIGHT~~
MICHAEL BURDETTE OF HYLIFE O’CITY PRODUCTIONS FIGHTS PANDEMIC BLUES WITHCON FUNK SHUN, R&B QUEEN CHERELLE, COMEDIANS: DEXTER TUCKER & BAY AREA’S OWN J-RED
Catch “The Love Train to Funk” with CON FUNK SHUN at the Historic Bal Theater in San Leandro to jumpstart FUN, FUN, FUN.”
The news headlines are getting heavier once again as the pandemic is increasing due to the Delta Variant of COVID-19. To counter the déjà vu news reports, Bay Area Producer Michael Burdette of Hylife-O’City Productions has slated a fun-filled night of two shows with Con Funk Shun, R & B chart topping Cherrelle and comedians Dexter Tucker and J-Red on Saturday, August 28th at the Historic Bal Theatre in San Leandro, 6:30 p.m. and 9:00 p.m.
“One of the best remedies for dealing with a stress-filled life is to enjoy music with friends and family, “http://www.prlog.org/” said Michael Burdette, CEO of Hylife-O’City Productions . “I’m no psychologist but I have observed over the years how music brings a more peaceful atmosphere and there’s no better group than Con Funk Shun to remind us of what a good time we can have again.”
Burdette stressed that the Bal Theatre will be implementing social distancing and other CDC protocols as California remains open enough to allow for gatherings in public spaces. Added to the headlines of the Pandemic and its toll on people due to isolation and the need for good mental care. Burdette and the “Love Train to Funk” performers are providing some relief to the pressure people have felt over the past year.
“I have always enjoyed showing people a good time, and there’s no better time than now to remember the good times and prepare for better ones, after all we’ve been through,” said Michael Burdette, President of Hylife-O’city Productions. “It’s time to let the good times roll again.”
In the on-line invitation to “Love Train to Funk,” Con Funk Shun lead Felton Pilate indicates the shows are a way to combat the internalized feelings some may have experienced as a result of isolation many may have experienced during the battle with the worldwide Coronavirus pandemic. Here’s a link to the Con Funk Shun lead’s online invitation for people to get beyond the limited digital world: https://youtu.be/8JEB_iMXOM0.
The experience Burdette wants the audience to have is exemplified in his company’s name “Hylife O’City Productions.” The Bal Theater is the perfect venue for “the high life.” Individual patrons and couples who remember CON FUNK SHUN and those new to their sound can enjoy a classy good time and groove together in a safe, fun and historic venue stylized in one of the most influential designs of the 20th Century, Art Deco.
The evening of music with soul satisfying Con Funk Shun and R&B Queen, Cherelle previously produced by Jimmy Jam and Terry Lewis, topping charts in US and overseas markets such as the UK, will also be tempered with much needed in a pandemic, laughter. Dexter Tucker, an actor and comedian in his own right, the brother of Chris Tucker, will demonstrate that comedic talent runs in the family with his own strong comedic schtick. And the Bay Area will get a shout out from its own comedy rising star J-Red.
Tickets are $60 to $140. A VIP ticket experience will afford the opportunity to encounter the performers up close and personal with socially distanced selfies in a “Love Train to Funk Meet & Greet” with a pre-show gathering for the 6:30 p.m. show and a post-show meet and greet depending on the preference.
Click here for 6:30 p.m. show tickets: https://www.baltheatre.com/event/confunkshun/
Click here for 9:00 p.m. tickets: https://www.baltheatre.com/event/confunkshun-2/
For more information about your ticket to “Fun, Fun, Fun,” visit www.baltheatre.com.
Click Here for Complete Article: http://www.wrightnow.biz/articles_view.asp?articleid=83830&columnid=2898
#thelovetraintofunk
