On Tuesday, Shares of Ford Motor Co. (NYSE:F), lost -0.33% to $15.
Ford Motor Company, is making strides, once again, toward changing the way the world moves – highlighting key mobility mega trends and the company’s environmental achievements in the release of its 16th annual Sustainability Report.
The report highlights Ford’s achievement in reducing global waste-to-landfill by announcing Hermosillo Stamping and Assembly Plant attained zero waste-to-landfill status early this year, giving the company the distinction of now being landfill-free in all of its Mexico manufacturing facilities. As a result, Ford Mexico’s manufacturing plants are diverting 1.5 million pounds of landfill waste this year and each year going forward, based on 2014 rates for waste generation.
The success of the Hermosillo facility, in addition to Ford’s Cuautitlan and Chihuahua plants in Mexico, will assist the company achieve its target of reducing global waste-to-landfill by 40 percent per vehicle produced from 2011 to 2016; Ford reduced global per vehicle waste-to-landfill by 40 percent from 2007 to 2011.
“Ford is proud that all of its manufacturing facilities in Mexico are sending zero waste to landfills,” said Andy Hobbs, director, Ford Environmental Quality Office. “We are decreasing our global environmental footprint while maintaining world-class manufacturing systems.”
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories.
Shares of Mylan N.V. (NASDAQ:MYL), declined -2.09% to $72.05, during its last trading session.
Mylan, issued the following statement regarding Abbott Laboratories’ (ABT) declared intention to support Mylan’s offer to acquire Perrigo Company plc (NYSE: PRGO; TASE) and vote in favor of this acquisition at Mylan’s forthcoming shareholder meeting. Abbott is presently Mylan’s largest shareholder, owning 14.5% of Mylan’s outstanding shares, and is an important long-term stakeholder of Mylan through various manufacturing partnerships.
Mylan Executive Chairman Robert J. Coury stated: “We are very happy that, while Abbott is under no obligation to do so, Abbott has voluntarily chosen to express its support of Mylan, our planned growth plan and stand-alone strategy, and our projected combination with Perrigo. When we attained Abbott’s non-U.S. developed markets specialty and branded generics business earlier this year, we gained an important stakeholder in Abbott, which understands the powerful potential of our platform, and the critical importance of our scale and breadth across our distribution channels. We are grateful for Abbott’s support of our long-term vision, which we firmly believe will continue to deliver strong near-term and long-term returns in this rapidly evolving industry and will promote the sustainable success of Mylan’s business.”
Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).
Finally, AK Steel Holding Corporation (NYSE:AKS), ended its last trade with -1.02% loss, and closed at $4.83.
AK Steel Holding Corporation, said that it will enhance current spot market base prices for all carbon flat-rolled steel products by a minimum of $20 per ton, effective right away with new orders.
On June 3, AK Steel declared that it has joined other major domestic steel producers in filing anti-dumping and counter-vailing duty petitions against five countries related to corrosion-resistant steel. The petitions charge that unfairly traded imports of corrosion-resistant steel from China, India, Italy, South Korea and Taiwan are causing material injury to AK Steel and the domestic steel industry. The petitions further charge that noteworthy subsidies have been offered to the foreign producers by the governments of those countries. AK Steel produces corrosion-resistant steel for some of the most demanding customer applications, counting those for the automotive, infrastructure and manufacturing industries. Corrosion-resistant steel comprised nearly 46% of the company’s shipments for 2014.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
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