Magna Announces Management Change

first_imgAURORA, Ontario — Magna International has announced that Siegfried Wolf, Magna’s co-CEO, has resigned as a director and officer effective Nov. 15, in order to pursue an opportunity with Basic Element and its machinery division OJSC Russian Machines, the parent company of Russian automotive OEM, GAZ Group. Magna’s board has accepted Wolf’s resignation and has confirmed that Donald Walker will be Magna’s sole CEO.AdvertisementClick Here to Read MoreAdvertisement Frank Stronach, Magna’s chairman, stated, “On behalf of the board, management and Magna’s employees, I would like to express our appreciation for Sigi’s major contribution to Magna’s success over the years, including in establishing our strong presence in Europe. When Oleg Deripaska recently approached us for permission for Basic Element to make an offer to Sigi, we made it clear that the decision should ultimately rest with Sigi. Magna’s decentralized culture and operating principles ensure that our success is not dependent on any one person. We respect the choice Sigi has made and wish him success in pursuing this new challenge.” Stronach added, “We also recognize the potential benefits that could arise from this opportunity — Magna stands to further strengthen its relationship with Basic Element and continue to grow in the recovering Russian automotive market, while Basic Element gains an experienced manager with extensive full vehicle assembly expertise who can immediately assist its automotive division in pursuing its modernization and growth strategy.” “Sigi has done a great job for Magna, particularly in building a strong European management team and strengthening our relationships with our European-based customers,” added Walker. “Notwithstanding this change, our executive management team, together with the global management teams at our operating groups and the decentralized management of our operating divisions remain committed to continuing to deliver strong operating and financial results with a continued focus on innovation and expanding our geographic footprint.”Advertisement In commenting on his departure and new appointment, Wolf stated, “I have the utmost respect for Magna and the culture and principles that Frank Stronach has instilled. While I look forward to this new challenge with Basic Element, I intend to remain a friend and strong supporter of Magna and have no doubt that it will continue to succeed under the guidance of Don and the rest of the executive management team. I also look forward to potential future opportunities to work together with Magna in connection with Magna’s ongoing expansion strategy in Russia and the important role that I am sure it will play in the development of the Russian automotive industry.”last_img read more

State Auditor Colón Warns Vulnerable New Mexicans About Unemployment Insurance Scams

first_imgSTATE News:ALBUQUERQUE — New Mexico State Auditor Brian Colón, through the Office of the State Auditor (OSA) and the New Mexico Department of Workforce Solutions (NMDWS), urge New Mexicans to be aware of fraudsters seeking to exploit COVID-19 by taking advantage of vulnerable New Mexicans, particularly non-English speakers in the Refugee and Vietnamese communities, but can also impact Hispanic, and Native American communities.“Scammers are praying on New Mexico’s most vulnerable communities,” Auditor Colón said. “These predators are targeting non-English communities, taking their money and stealing their personal information. It cannot be stressed enough – do not provide your personal information and do not pay services fees to untrusted sources.”“Many of the individuals we’re helping are filing for unemployment insurance for the very first time,” said New Mexico Department of Workforce Solutions Secretary Bill McCamley. “Please be cautious of scammers trying to take advantage of the situation.” No fee: There is no fee to file for unemployment compensation. NMDWS will never ask for a debit card or other method of payment in order to process a claim. If you get a phone call from someone identifying themselves as a representative of NMDWS, do not give any information to the caller or send money.False websites: Some websites may advertise they can assist claimants in filing for unemployment benefits. These sites may offer services free of charge and others do charge for services. The sites often ask for confidential/private information such as your Social Security number, address, work history, and email address. Use only the official NMDWS website at Online surveys: NMDWS does not pay claimants to take surveys. If you receive an email requesting you complete on online survey that appears to be from the State, do not complete the survey. This is likely an attempt to get your personal information. MDWS is actively working on methods to increase accessibility of information to non-English speaking communities throughout New Mexico and has provided a list of community partners throughout the state who are assisting the Department provide necessary translation services.The OSA and the NMDWS urges non-English speaking New Mexicans to seek support from the following trusted community organizations: Lutheran Family Services APS Refugee Program The Asian Family Center Additional information for employers and workers affected by COVID-19, including frequently asked questions, can be found at Mexicans concerned about COVID-19 related fraud or other scamming activity is urged to immediately file a complaint with the Office of the Attorney General at Mexicans concerned about potential instances of fraud, waste, and abuse should contact the Office of the State auditor. Reports may be made anonymously through our website at or by calling 1.866.OSA.FRAUD. You may also speak to an investigator by calling 505.476.3800.last_img read more

Canada, US Shake Hands on Climate, Energy and Arctic Leadership

first_imgCanadian Prime Minister Justin Trudeau and U.S. President Barack Obama yesterday released a joint statement on climate, energy and Arctic leadership. The two leaders said they share a common vision of a prosperous and sustainable North American economy, and the opportunities afforded by advancing clean growth. They emphasised the special relationship between the two countries and their history of close collaboration on energy development, environmental protection, and Arctic leadership. Furthermore, Trudeau and Obama said they regard the Paris Agreement as a turning point in global efforts to combat climate change and anchor economic growth in clean development. They resolve that the United States and Canada must and will play a leadership role internationally in the low carbon global economy over the coming decades, including through science-based steps to protect the Arctic and its peoples.Canada and the U.S. will continue to respect and promote the rights of Indigenous peoples in all climate change decision making. Furthermore, the leaders emphasized the importance of the U.S. and Canada continuing to cooperate closely with Mexico on climate and energy action and commit to strengthen a comprehensive and enduring North American climate and energy partnership.As part of the cooperation on clean energy, the countries agreed to facilitate the integration of renewables on their interconnected grids: jointly study, identify, and implement options for broad integration, including how to bring more wind, solar, hydro and other renewable energy online.last_img read more

Three hurricanes share the Atlantic; Florence to hit the Carolinas

first_imgThree hurricanes share the Atlantic; Florence to hit the Carolinas Report finds 2018’s most expensive climate-driven events happened in US Former Lee County EMS lieutenant investigated for sexist comments Published: September 10, 2018 11:48 AM EDT Updated: September 12, 2018 9:07 AM EDT Hurricane Florence rapidly intensified into a fearsome Category 4 storm on Monday and could strike a direct and dangerous blow to the Carolinas later this week, forecasters said. Hours later, South Carolina Gov. Henry McMaster ordered an evacuation of the state’s entire coastline starting at noon on Tuesday.McMaster said storm surge could reach as high as 10 feet and estimated that a million residents would be leaving the coast. The storm’s first impacts were already being seen Monday on barrier islands as dangerous rip currents and seawater flowing over a coastal road.Florence had reached Category 3 strength earlier Monday, but data from hurricane hunter aircraft indicated the storm was quickly getting stronger as it moved over warm Atlantic waters. By 12 p.m. EDT, Florence became a potentially catastrophic hurricane, with top sustained winds of 130 mph.The storm was centered about 1,230 miles east-southeast of Cape Fear, North Carolina, and moving west at 13 mph. Forecasters said the hurricane’s strength was expected to fluctuate but it still will be a dangerous storm by the time it reaches the coast of South Carolina or North Carolina on Thursday.Hurricanes Isaac, which could hit Caribbean islands, and Helene, much farther out to sea, lined up behind Florence as the 2018 Atlantic season reached its peak. Lining up behind Florence, Isaac was about 1,150 miles east of the Windward Islands with top winds of 75 mph late Monday morning, moving west at 14 mph.Isaac’s forward movement was accelerating on a path to cross into the lower Caribbean on Thursday. Helene, meanwhile, was still in the Atlantic’s spawning ground for hurricanes off the coast of Africa, swirling with 105 mph winds and forecast to become a major hurricane, about 375 miles west of the Cabo Verde islands.It’s too early to know the exact path of Florence, but forecasters said it could blow ashore along a stretch of the U.S. East Coast that experts have already identified as the most vulnerable to rising sea levels due to climate change.People in Wilmington, North Carolina, were stocking up on water, plywood and generators to prepare for the storm, CBS News correspondent David Begnaud reports. Some store shelves were already empty.Florence could be the first major hurricane to slam North Carolina dead-on since Fran hit as a Category 3 in 1996. Fran toppled homes and businesses across the state.Fran caused more than $8 billion in damage. Thirty-seven people were killed.“These storms are catastrophic events,” said Andrew Wunderley, who works for a water-conservation group in South Carolina. He said the low-lying cities on the coast are particularly vulnerable to flooding.“I think what we found is that we’re not really that prepared for these events,” Wunderley said. In October 2015, a storm system caused 36 dams to fail across South Carolina, resulting in what was called a “thousand-year flood.”At least 25 people died. If Florence ends up stalling after it makes landfall in the southeastern U.S., the fear is that could happen again.“What that means is not only do we have a serious, 130 mph potential wind threat at landfall along with catastrophic storm surge, but also a very large inland flood threat that could include two feet of rain in certain spots including inland North Carolina’s most populous cities,” CBS News meteorologist David Parkinson said late Sunday. “The most important takeaway out of the storm is that this will not be a quick hitting major storm but a long duration one. We will likely be talking about this actively raining at this time next week. Pace yourselves. It’s gonna be a long one.”Up and down the densely populated coast, residents were told to prepare. On North Carolina’s Outer Banks, Dawn Farrow Taylor, 50, was gathering photos and important documents and filling prescriptions Monday before heading inland.She grew up on the shore, and says this will be only the second time she’s evacuated. Since reliable record-keeping began more than 150 years ago, North Carolina has only been hit by one Category 4 hurricane: Hazel, with 130 mph winds in 1954.“I don’t think many of us have ever been through a Category 4. And out here we’re so fragile. We’re just a strip of land — we’re a barrier island. … Already we’re getting some overwash, the ocean is coming over 12,” she said, referring to the islands’ main road.The governors of North and South Carolina and Virginia declared states of emergency far ahead of the approaching storm. Navy ships off Virginia’s coast were preparing to sail out of the path and a North Carolina university has already canceled classes.Red flags have already been flying on beaches, warning swimmers to stay out of the water as seas began kicking up. In Florida, a 64-year-old man drowned off New Smyrna Beach in the rough surf, CBS affiliate WKMG-TV reports.People rushed to get emergency kits ready, map out escape routes, fill sandbags and secure their homes.“Pretend, assume, presume that a major hurricane is going to hit right smack dab in the middle of South Carolina and is going to go way inshore,” McMaster said. The state’s emergency management agency said it is “preparing for the possibility of a large-scale disaster.”In coastal Charleston, South Carolina, city officials offered sandbags to residents. Myrtle Beach Mayor Brenda Bethune urged people to secure their homes but said it was too early to know if evacuations will be ordered.Myrtle Beach hardware stores and supermarkets were busy ringing up sales of bottled water, plywood and generators. “Literally, they are filling buggies full of water, shopping carts full of water,” Ryan Deeck, grocery department manager at a Walmart, told The Sun News. “They’re coming in and buying water and plates, and that’s about all they’re buying.”North Carolina crews were getting bulldozers and chain saws ready. In Jacksonville, North Carolina, about 20 miles inland, some residents picked up hurricane supplies during their normal weekend shopping, The Daily News reported.Ilija Cesal told the newspaper he wouldn’t worry about buying extra water or other supplies for a few more days. “I’ll see by Wednesday how that goes – we got over 48 hours before that happens,” Cesal said.The University of North Carolina at Wilmington, near the shore, canceled its upcoming alumni weekend and all classes starting at noon Monday, encouraging its students to leave campus for a safer location. In southeast Virginia, Naval Station Norfolk told motorists not to leave their vehicles at the sprawling base later this week because of the flood threat.The Navy planned to send ships from the Hampton Roads area of Virginia out to sea. Florida-based Carnival Cruise Line was re-routing its cruise ships.In Mississippi, a “Make America Great Again” rally scheduled for Friday in Jackson was canceled, President Trump’s re-election campaign announced on Monday. “With Hurricane Florence on its way, we determined that this is the safest decision,” campaign Chief Operating Officer Michael Glassner said in a statement. Recommended Do you see a typo or an error? Let us know. Author: CBS News SHARElast_img read more

First North Western launches Class 175

first_imgON FEBRUARY 4 British operator First North Western unveiled the first five of 27 Class 175 diesel multiple-units at their newly-built depot in Chester. Part of Alstom’s Coradia family, the trains will enter commercial service in May on routes from Birmingham and Chester to Holyhead and Manchester to Llandudno. Later they will take over FNW’s routes from Manchester to Blackpool, and services to Windermere and Barrow-in-Furness. This will allow the company to withdraw its last locomotive-hauled trains and to cascade Class 158 and Class 156 DMUs so that Class 142 railbuses can be taken out of use.FNW’s Class 175 fleet comprises 11 two-car and 16 three-car sets. It is a steel-bodied design able to run at 160 km/h thanks to a 450hp Cummins engine mounted under each car. Some of the 27 sets were to have been fitted with more powerful engines to allow 200 km/h running, but FNW has abandoned this aspiration.Alstom was required to keep the noise level in the saloon to 71dB at 160 km/h, but test measurements showed that 67dB had been achieved. This reflects use of a resilient floor, one of several interior design innovations that Alstom developed with Jones Garrard. This company also developed the cab exterior and was responsible for other work that included concept design and engineering design.David Franks, Managing Director of FNW, said that the Class 175 trains were the ’first sign of £100m of investment’ in the company’s services. The fleet is costing £70m, and the Chester depot £18m.Alstom has a contract to maintain the Class 175 fleet for 15 years, and initially it must have 24 of the trains available for service. Depot facilities include a fully-enclosed carriage washer supplied by Kärcher of Illingen near Stuttgart in Germany. This can function at -10°C.Each unit is fitted with a nose-mounted video camera to record lineside events.Sister company First Great Western will shortly take delivery from Alstom of a fleet of 14 five-car Class 180 sets which have many common features with the Class 175. FNW and Alstom are awaiting approval from HM Railway Inspectorate for passengers to travel in the leading vehicle of a Class 180 at the maximum speed of 200 km/h. Measures designed to afford passengers protection in the event of a collision include sacrificing about 30% of the end cars to van space, use of crumple zones, and higher braking performance.Class 175 suppliersMain contractor AlstomDiesel engines CumminsTransmission and final drive VoithCooler group CovradBrakes WestinghouseAir-conditioning SopranoDoors Tebel TechnologiesSeats Georg EknesToilets EvacGangways Dowty WoodvilleAir suspension PaulstraInterior design Jones GarrardCAPTION: Right: Two units wait at FNW’s new Chester depot between commissioning testsBelow: Interiors were developed for Alstom and FNW by Jones GarrardBottom: FNW’s blue livery is enhanced with pink and white stripeslast_img read more

Chuo Line renewal

first_imgEAST JAPAN Railway has announced plans to order a new fleet of 10-car EMUs to operate Tokyo’s busy Chuo suburban lines. The first of 688 Series E233 cars are expected to enter service in December, starting the replacement of 710 Series 201 vehicles.The E233 trainsets are derived from the Series E231 designed used on the Yamanote loop, with a lower floor height to permit easier boarding and improved priority seating. The stainless-steel car bodies will be stronger, and fitted with modified air-conditioning. Improved information displays are planned, with full colour external destination displays and internal LCD screens providing travel information and news.JR East plans to introduced 10-car Series E233 sets on services from Tokyo to Otsuki and Ome, with six-car units working the Hajima – Musashi-Itsukaichi route. The lines from Otsuki to Kawaguchi-ko, Hajima to Komagawa and Ome to Okutama would be worked by four-car sets. The 10-car sets will have six motor and four trailer cars, using AC motors and VVVF inverter controls. Maximum speed will be 120 km/h, compared with 100 km/h for the Series 201 sets.last_img read more

Railway supply industry news in brief

first_imgPowerlines Group has established a German subsidiary, Powerlines Energy Germany GmbH, with its headquarters at Ehingen in Baden-Württemberg. In the medium term the subsidiary will be responsible for expanding the group into the Benelux countries and Denmark.Alstom’s Belfort locomotive maintenance activities have been awarded Entity in Charge of Maintenance certification by Certifer; Alstom says it is the first private company in France to be certified for all of supervision, development, fleet management and execution.TÜV Nord and DB Systemtechnik have signed an agreement to co-operate to combine their approvals, testing and inspection services. ‘We are already working together very intensively on the approvals for the ICE 4 and the München – Nürnberg Express. So it is only logical to extend our activities into an official co-operation’, said DB Systemtechnik CEO Hans Peter Lang on March 7. ‘At the moment, it is not always possible to cover project rescheduling or delay based on the capacity within our own organisation. The co-operation will open up flexible access to the resources of our partner’, said Rudolf Wieland, Managing Director of TÜV Nord Systems.Transco Railway Products has sold its wagon repair workshop in Bucyrus, Ohio, to Bucyrus Railcar Repair LLC, a wholly-owned subsidiary of T & C Rail Holdings. It is the first wagon repair plant bought by TCRH, which is currently acquiring rail businesses in North America. The deal was handled by RR Mergers & Acquisitions.China Railway Construction Corp has made its first acquisition in Europe, with the purchase of Cideon Engineering and Cideon Schweiz for an undisclosed price.German rolling stock manufacturer Waggonbau Niesky is to open an office in Beijing during March.last_img read more

SNCF and AccorHotels to develop the Orient Express brand

first_imgFRANCE: An agreement to exploit the SNCF-owned Orient Express brand within the global luxury hospitality sector was signed by the French national railway and AccorHotels on October 4. AccorHotels plans to develop a chain of hotels under the Orient Express name, and is to acquire a 50% stake in the share capital of SNCF subsidiary Orient Express, which was formed in 2015.SNCF will retain ownership of its Pullman-Orient-Express fleet of seven restored 1920s coaches, which Orient Express will operate for private tours and events, some in collaboration with AccorHotels’ other businesses such as Potel & Chabot, Noctis and John Paul.The family of long-distance services under the Orient Express name, the last of which was a Strasbourg – Wien EuroNight service that ran until December 2009, is ‘imprinted in both history and imagination’, SNCF said. The brand name was ‘a timeless symbol of the art of luxury travel, steeped in culture, splendour and refinement.’‘We are delighted with this strategic partnership, which today cements the alliance of two major French players in the world of travel for a shared purpose, that of giving fresh impetus and international standing to an historic and world-renowned brand’, said AccorHotels Chairman & CEO Sébastien Bazin. ‘Thanks to this partnership, our customers will be able to enjoy a prestigious range of services and exceptional experiences based on a portfolio of luxury brands.’The Venice-Simplon Orient Express brand is owned by SNCF Mobilités and is licensed to Belmond Group for its luxury service.last_img read more

World rail freight news round-up

first_imgDB Cargo Belgium now has its own licence to operate in the country, having operated under Dutch accreditation since being established in January 2019. DB Cargo Belgium received the necessary Part A and B safety certificates in January 2020 and ran its first train as a locally approved operator on June 14 from Aachen to Erquelinnes on the French border, where it was collected for onward movement by fellow DB subsidiary Euro Cargo Rail.#*#*Show Fullscreen*#*# China’s new national timetable implemented on July 1 provides paths for 20 096 freight trains per day, including 193 freight trains operating at passenger train speeds, 70 China Railway Express trains and 11 trains running along the River Yangtse.#*#*Show Fullscreen*#*# United Wagon Co has delivered 36 tank wagons to chemical manufacturer Khimprom, which will use them to transport sodium hydroxide and similar products. The order was financed through Sberbank Leasing.#*#*Show Fullscreen*#*# DB Cargo UK is hoping to resume regular services to Tarmac Ltd’s Hothfield site near Ashford in Kent. A recent delivery of 1 350 tonnes of sea-dredged aggregates was the first train to discharge at the site for some time DB Cargo UK has been awarded a five-year extension to its ‘hook and haul’ contract to operate an average of 60 trains/week carrying biomass from the ports of Immingham and Hull to Drax power station.#*#*Show Fullscreen*#*#center_img GB Railfreight has awarded DB Cargo UK a three-year contract to maintain 10 Class 60 locomotives and provide in-field technical support. ‘At this time of economic uncertainty, it is important for the rail freight sector to work together to deliver investment to support its growth’, said GBRf Managing Director John Smith on July 1.#*#*Show Fullscreen*#*# Railroad Development Corp subsidiary Iowa Interstate Railroad opened a bridge over the Raccoon River in Booneville, Iowa, on June 30. Named after RDC executive William J Duggan, the structure west of Des Moines replaces a 119-year-old truss bridge. The Federal Railroad Administration funded half of the cost through a Consolidated Rail Infrastructure & Safety Improvements grant of $3∙5m.#*#*Show Fullscreen*#*# Captrain Deutschland subsidiary Regiobahn Bitterfeld Berlin took over operation of the internal works railway at the Volkswagen electric vehicle factory in Zwickau on June 28. RBB took on four shunting locomotives and 19 staff.#*#*Show Fullscreen*#*#last_img read more

BCAD appeals for membership

first_imgInterim president, Kelvin HendersonInterim president of the Builders & Contractors Association of Dominica (BCAD), Kelvin Henderson has made an earnest appeal to builders, contractors, construction workers, architects, draftsmen and suppliers to be part of the association.The association is, with the assistance of the Dominica Coalition of Services Industries (DCSI), seeking to revamp the industry which has been dormant for a while.At a press conference on Monday December 3rd, Henderson implored all concerned parties within the construction industry, to register to be part of the association as well as to attend its upcoming general meeting carded for Thursday.“In this industry, regulation is very important…in order to offer a business, it’s very important that people know who to go to if you need a contractor, what type of people; if you need a builder what type of service you expect and if you need just a construction worker who to go to also”.“We are inviting all people in the construction industry to this special meeting on the 6th of December, but we also ask them to register to be part of the association”.Henderson further explained that it is essential for any association or organization to “have a home” and this is what they are seeking to implement by strengthening the association.“Many a times in this island of ours, we love to operate on our own, but I’d urge everyone who wants to provide a service and to provide a better service, to make a special effort to be at this meeting and also to make a special effort to register”.There are two options for obtaining membership; ordinary and associate members.Ordinary members are the ones who provide construction service and who will guide the standards and the regulations for the industry, while associate members are those who are the suppliers, engineers, architects and quantity surveyors. However, only ordinary members will be able to vote.There is a cost for registration and this is based on the member’s income generation from his business.“We are advising people not to be left behind so at least everybody would be on an even playing field, and that is why I am really encouraging you to make a special effort to be there,” Henderson emphasized. The “extra ordinary meeting” will be held at the Fort Young Hotel on Thursday December 6th from 5pm.Registration forms can be obtained at the DSCI office on 14 Hanover Street in Roseau and will also be available at the general meeting. Dominica Vibes News Share Sharing is caring! Share Tweetcenter_img 19 Views   no discussions Share LocalNews BCAD appeals for membership by: – December 4, 2012last_img read more