- Cummins Inc. (NYSE:CMI) and Buhler Industries Inc. (OTC:BIIAF), a tractor manufacturer under the Versatile brand, have signed a letter of intent.
- Under the LOI, they plan to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment. Since 1967, Versatile has used Cummins engines exclusively in all four-wheel drive tractors.
- “While diesel engines continue to be the flexible power of choice for the foreseeable future in agriculture, such a collaboration enables both companies to develop low and zero carbon solutions that are ideally suited to farming,” stated Adam Reid, Versatile’s VP of Sales and Marketing.
- Hydrogen combustion engines will provide a cost-effective zero-carbon fueled solution for high load factor and high utilization applications.
- Price Action: CMI shares are trading lower by 0.38% at $221.66 on the last check Monday.
BetMGM Business Update; Delivery Of 2023 Guidance, Reaching The Upper End Of $1.8B-$2B Revenue And Achieving EBITDA Profitability In The Second Half; Setting A Target Of Approximately $500M EBITDA In 2026 For BetMGM
Business on Track with Key Enhancements to Drive Sustainable GrowthLAS VEGAS, Dec. 4, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by
