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Valeo is taking you for a ride @ SXSW 2024

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TROY, Mich., Feb. 21, 2024 /PRNewswire/ — Valeo will attend South by Southwest (SXSW) in Austin, Texas for the first time, with a demonstration area at Comedor – 501 Colorado Street, March 10 to 12.

To meet user expectations and climate challenges, mobility is evolving faster than ever. Valeo is the key innovation technology partner of automakers and mobility actors around the world, developing affordable solutions for safer, more sustainable, more connected and more diverse mobility.

At SXSW, Valeo will debut a unique extended reality (XR) gaming experience that passengers can play on phones or tablets connected to a vehicle’s wifi. Valeo, the world leader in driver assistance systems, is using its expertise to offer video game developers and car manufacturers the means to develop a new type of game combining a vehicle’s real environment and 3D elements. Thanks to software developed by Valeo, the game uses a vehicle’s driver assistance systems (ADAS), including cameras, radars and ultrasonic sensors, along with perception and artificial intelligence (AI) algorithms already on board, to insert the car’s real environment into the game, something never before offered. The game is a demonstration of what Valeo’s augmented reality software development kit could bring to the industry and a proof of concept for a new type of in-car entertainment.

Valeo will also present its latest technologies for safer, more sustainable and more connected mobility:

Valeo’s e-golf carts will help SXSW organizers and the Valeo team get around AustinValeo Cyclee™ will be presented on a FUELL bike. Valeo Cyclee™ is an adaptive mid-drive unit powered by Valeo’s 48V technology. It, understands what riders want and boosts all rides, even the hardest ones, with its automatic seven-speed gear shifting and the highest gearbox torque level – 130NM – available on the market. Thanks to an improved reduction of around seven decibels, the noise of the complete electric propulsion solution, Valeo Cyclee™, is now quieter than ever.Valeo PanoramaXR lets drivers share their journeys with loved ones with a remote solution enabling them to see a 360° view of the car’s driving environment on their smartphone screen as if it were filmed by a drone. During SXSW, visitors will be able to enjoy beautiful, real-time views of the San Francisco Bay.Valeo INEEZ™ Air charging offers an efficient and lightweight solution to recharge a vehicle inductively, without any charge cables. It is the only wireless solution that uses an ultra-low operating frequency, around 3kHz, offering a lighter, simpler and safer charging experience and is compatible with all wallboxes available on the market today. It also supports charging for autonomous vehicles that can drive themselves onto an inductive charging area.Valeo SCALA™ 3 LiDAR, Valeo’s 3rd generation LiDAR (Light Detection & Ranging) offers unmatched performance, thanks to Valeo’s innovation in hardware and perception software functions, offering advanced perception in all conditions and meeting the highest automotive industry quality and safety standards.

About Valeo

As a technology company and partner to all automakers and new mobility players, Valeo is innovating to make mobility cleaner, safer and smarter. Valeo enjoys technological and industrial leadership in electrification, driving assistance systems, reinvention of the interior experience and lighting everywhere. These four areas, vital to the transformation of mobility, are the Group’s growth drivers.

Valeo in figures: 20 billion euros in sales in 2022 | 109,900 employees at December 31, 2022 | 29 countries, 183 plants, 21 research centers, 44 development centers, 18 distribution platforms.

Valeo is listed on the Paris Stock Exchange.

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SOURCE Valeo

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Consumers Energy Breaks Ground on Blackman Solar Gardens Site Near Jackson

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30-acre site will generate up to 2.5 megawatts of electricity for customers

BLACKMAN TOWNSHIP, Mich., May 2, 2025 /PRNewswire/ — During a ceremonial groundbreaking event today featuring local elected officials, Consumers Energy representatives and representatives from construction contractor Kokosing, celebrated the beginning of site work and construction on our Blackman Solar Gardens solar project, which is slated to start generating electricity by the end of the year.

“Consumers Energy is committed to reliably and affordably powering Michigan’s homes and businesses. In addition to its environmental benefits, renewable energy is increasingly cost competitive and provides flexibility to respond to emerging needs, adapt to changing conditions and embrace innovative technology. By participating in these programs, customers can save money and contribute to a greener Michigan,” said David Hicks. Consumers Energy’s vice president of clean energy development.

Blackman Solar will provide new capacity to expand Consumers’ Solar Gardens program. Solar Gardens is a community solar program which allows utility customers the ability to support the development and production of solar energy without having to own their own installations. Furthermore, the program is an easy, cost-effective way for customers to offset their carbon footprint and make Michigan a better place to live for future generations to come. The new Solar Gardens facility will be the fourth that Consumers Energy owns and operates to support residential customers joining other projects in Cadillac, at Western Michigan University and at Grand Valley State University. Blackman Solar will include nearly 5,000 solar panels, generating enough renewable electricity for approximately 2,500 future Solar Gardens customers.

Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties. We are committed to delivering reliable, clean, and affordable energy to our customers 24/7. 

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media   

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy 

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SOURCE Consumers Energy

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Siemon Announces 52.5% Absolute Reduction in Scope 1 and 2 GHG Emissions, Accelerating Decarbonization Journey

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WATERTOWN, Conn., May 2, 2025 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, is proud to announce a significant milestone in its sustainability journey by achieving a 52.5% absolute reduction in combined Scope 1 and Scope 2 greenhouse gas (GHG) emissions between 2021 and 2024. This commitment to environmental responsibility also strengthens Siemon’s long-term operational stability, ensuring reliable and consistent product delivery for our customers. This accomplishment underscores Siemon’s unwavering dedication to mitigating climate change and optimizing energy efficiency across its global operations.

We are proud to announce this significant reduction in our GHG emissions as a critical step in our decarbonization journey, Our commitment to innovative energy solutions and continuous improvement in operational efficiency is a testament to our proactive approach in addressing climate change.

The achievement is supported by notable improvements in operational metrics, with Scope 1 emissions declining from 271 to 195 tCO₂e (tonnes of carbon dioxide equivalent) and Scope 2 emissions from 1163 to 486 tCO₂e. This strategic initiative not only demonstrates Siemon’s commitment to sustainable business practices but also aligns with its broader ESG objectives of setting science-based targets and reducing overall carbon footprints.

“We are proud to announce this significant reduction in our GHG emissions as a critical step in our decarbonization journey, Our commitment to innovative energy solutions and continuous improvement in operational efficiency is a testament to our proactive approach in addressing climate change. By investing in renewable energy, optimizing processes, and engaging in comprehensive energy audits, we are setting new benchmarks for sustainability in our industry and building a more resilient and efficient supply chain to better serve our customers in the long run.”

John Siemon, Chief Technology Officer and Chief Operations Officer, Siemon

Key initiatives that contributed to this milestone include:

Comprehensive Energy Audits: Identifying high-emission areas and energy inefficiencies to drive focused improvements.Transition to Renewable Energy: Increasing the use of solar power to significantly reduce reliance on conventional energy sources.Energy Efficiency Upgrades: Installing energy-efficient lighting and optimizing HVAC systems to lower overall consumption.Waste Reduction and Recycling Programs: Implementing robust programs to diminish waste generation and promote resource efficiency.Enhanced Manufacturing Processes: Upgrading equipment and processes to support energy efficiency and reduce environmental impact.

Through these initiatives, Siemon is leading by example in the industry, reinforcing its commitment to environmental leadership and sustainable operations. The company will continue to invest in advanced energy technologies, collaborate with suppliers on green practices, and maintain transparent reporting practices that ensure accountability and continuous progress and provide our customers with the data and assurance they need to meet their own sustainability commitments. Learn more about Siemon’s sustainability efforts at www.siemon.com/esg.

About Siemon

Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Smart Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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Dover Declares Regular Quarterly Cash Dividend

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DOWNERS GROVE, Ill., May 2, 2025 /PRNewswire/ — The Board of Directors of Dover Corporation (NYSE: DOV) today declared a regular quarterly cash dividend of $0.515 (fifty-one and one-half cents) per share, payable on June 16, 2025, to shareholders of record as of May 30, 2025.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.

Investor Contact:
Jack Dickens
Vice President – Investor Relations
(630) 743-2566
jdickens@dovercorp.com

Media Contact:
Adrian Sakowicz
Vice President – Communications
(630) 743-5039
asakowicz@dovercorp.com 

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