Cabral explained the expansion plan: "We have completed approximately 32% of the construction by this first quarter." The CEO further stated, "Building the second production plant is expected to be ...

Industry contraction is likely as political uncertainty persists. Baytex Energy stands out for its ability to operate profitably at lower costs. Current oil prices are nearing levels where high-cost ...

Simpson and Delco reiterated focus on operational excellence, ongoing margin repair, and scaling into investments. Hicks projected "2025 operating income to be approximately flat compared to 2024." ...

MARTINSVILLE, Va. — Hooker Furnishings Corporation has reported operating results for its fiscal 2026 second quarter ended August 3, 2025. As per the company's Q2 Earnings Call, Hooker broke even in ...

Artificial intelligence will play a role in TUI Group’s efforts to bring down costs within its markets and airline division. TUI Group is focused on bringing down costs: The German tour operator on ...

Initiated cost reduction measures targeting a 55% decrease in operating costs to a projected average of approximately $2.7 million per month by year-end related to pause in production and an ...

Today, KUOW leadership made the difficult decision to lower our annual operating costs by $722,000 through the reduction of 6 current and 3 open administrative positions, effective October 6, 2025. We ...

Amtech Systems ASYS has been implementing cost reduction initiatives to make its business run more efficiently. Over the last 18 months, the company has reduced its manufacturing footprint by ...

CLEVELAND, Nov. 19, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) today announced a restructuring plan that furthers progress toward the operational and overhead structures required to serve ...

Idle-reduction technologies and driver-focused practices help fleets cut fuel use while preserving driver comfort. A holistic ...