#Ownit | NSE follows the numbers, keeps score

Led by the accounting and materials department, the employee-owners of NSE followed the numbers and kept score today as they went through the company's Income and Cash Flow statements at Big Staff. 

The meeting, which is held twice a month with all departments in attendance, is a great way to communicates the wins and opportunities for improvement with employee-owners while also engaging and motivating the workforce.

Wellness Award

Congratulations to Larry Beezley!  He was named the 2016 SRC Wellness Ambassador.

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

#SRC jobs | On-Site Career Fair

Springfield ReManufacturing Corp (SRC) is holding an on-site career fair to fill over 40 positions on Saturday, March 18th from 10:00am to 6:00pm.  Bring your resume and meet some of SRC's employee-owners as you learn more about SRC's people, culture, and capabilities.

Location | 650 North Broadview Place, Springfield, MO 65802

View open positions at SRCholdings.com/Careers

Types of Job Openings

  • Disassembler - Engines
  • Disassembler - Turbos
  • Dyno Operator
  • Engine Assembler
  • Machine Operator
  • Manufacturing Engineer
  • Parts Cleaner - Engines
  • Parts Cleaner - Turbos
  • Product Engineer
  • Production Scheduler
  • Production Supervisor
  • Wash Tank Changer
  • Whole Goods Assembler

 

WE ARE SRC

At SRC, our most powerful asset is our people – whether you’re an associate or a customer – you’ll be surrounded by energized, engaged and empowered entrepreneurs. Our open-book culture has created a team environment that cannot be matched. Because our employees are invested in our ownership culture, our people take work seriously. Each associate at SRC receives business and financial literacy training to continue our journey of building a business of business people who think, act and feel like owners.

At SRC, we are growing and looking for great people to join the SRC family.

SRC by the Numbers:

  • 34 year employee owned company
  • 1,500 / Associates
  • 100+ / Local and national organizations where our employees volunteer
  • 2,245,258 Square feet of manufacturing and warehouse space
  • #1 / Most Innovative Business Practice by INC Magazine
  • 60+ / Individual Business Units spun off
  • 100 / Business books featuring SRC’s story
  • 10 cents per share in 1983 to $435 per share pre-split

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

Isuzu Sets Production, Ordering for Class 6 Cabover

Isuzu Commercial Truck of America (ICTA) will begin production of its 2018 FTR Class 6 cabover in May and start taking orders for the medium-duty truck in April, the company announced at the Work Truck Show in Indianapolis.

Spartan Motors is assembling the 2018 FTR at its Charlotte, Mich., assembly plant that spans 85,000 square feet. The vehicle will retail for $82,180, the manufacturer announced.

"This truck's combination of low-cab-forward design and Class 6 GVWR gives it fantastic maneuverability and visibility along with the ability to carry more cargo than a conventional Class 6 truck," said Shaun Skinner, president of ICTA. "Its four-cylinder diesel engine is environmentally friendly and gives the truck outstanding fuel efficiency. Its class-leading warranty gives its owners peace of mind."

The FTR is powered by Isuzu's 4HK1-TC 5.2L turbocharged four-cylinder diesel engine that now carries a B-10 durability rating of 375,000 miles, meaning that 90% of engines should reach that odometer reading before needing an overhaul. When fitted in the FTR, the engine makes 215 hp and 520 lb.-ft. of torque at peak operation.

Isuzu pairs the engine with an Allison 2550 RDS 6-speed automatic transmission with power take-off (PTO) capability.

The front axle can take 12,000 pounds of capacity, while the rear axle is rated at 19,000 pounds. The GVWR is 25,950 pounds. The 11R22.5 tires are fitted to 22.5-inch steel wheels.

Users can add an available 50- or 100-gallon fuel tank depending on which wheelbase they choose. The truck is available in eight wheelbase lenghts from 152 to 248 inches. It can accommodate bodies from 14 to 30 feet.

SOURCE:  WORK TRUCK

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

 

#NSEgives | Tool Belts and Bow Ties | #HabitatforHumanity

NSE is proud to support the Tool Belts and Bow Ties fundraiser for the Springfield Habitat for Humanity on March 24, 2017 at 6pm at the University Plaza Convention Center through a recent sponsorship made by the SRC Community Relations Committee.

Tool Belts & Bow Ties, Habitat's signature event, brings together friends of Habitat with the goal of raising enough money in one night to fund the construction of a home for a local family. During the event guests enjoy a cocktail hour, plated dinner, its signature “Sponsor a Home” live and silent auctions, music and dancing. Honorary Chair 2017: Sam Hamra of Hamra Enterprises.

For more information, please visit the event website.

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About Habitat for Humanity | At Habitat for Humanity of Springfield, Missouri, we build. We build because we believe that everyone, everywhere, should have a healthy, affordable place to call home. More than building homes, we build communities, we build hope and we build the opportunity for families to help themselves

About SRC Holdings Corporation | SRC Holdings Corp. is the oldest employee-owned remanufacturer to original equipment manufacturers (OEMs) in North America. Its associates have been leaders in core logistics, disassembly, cleaning, machining, assembly and testing everything from fuel injectors to large off-highway transmissions. The company is known worldwide for its open-book culture which espouses transparency, integrity, and economic literacy.

About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

 

Jack Stack - The Power of Financial Literacy | #SBJlive

In Part 4 of the Springfield Business Journal’s SBJ Live series, Jack Stack describes how revolutionary it was to teach every member of the company how to understand the financial statements of the company and how it made employees more engaged in the business. He also talks about the process of writing the book about the Great Game of Business and the response the book received.

 

See all in the series to date

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About SRC Holdings Corporation | SRC Holdings Corp. is the oldest employee-owned remanufacturer to original equipment manufacturers (OEMs) in North America. Its associates have been leaders in core logistics, disassembly, cleaning, machining, assembly and testing everything from fuel injectors to large off-highway transmissions. The company is known worldwide for its open-book culture which espouses transparency, integrity, and economic literacy.

About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

#NSEgives | Ozarks Literacy Council Pizza Bowl

NSE is proud to support the Ozarks Literacy Council (OLC) Pizza Bowl on March 28, 2017 at 5:30pm at the Springfield Exposition Center through a recent sponsorship made by the SRC Community Relations Committee.

Sample up to 20 of Springfield’s best pizza and pasta restaurants at the OLC Pizza Bowl! Started in 1999, Pizza Bowl has quickly become OLC’s signature fundraising event. Area pizza and pasta companies compete to be named the “Best Local” or “Best National” pizza or pasta by our panel of judges as well as by the event attendees.

This family-friendly event features a children’s area that includes bounce-houses, games, face painting, and more. Unlimited access to children’s games is only $5! In addition to the great food and activities, Pizza Bowl also features local bands, a silent auction, and raffle items. 100% of the proceeds support the programs and mission of OLC.

Learn more at the event website.

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About Ozarks Literacy Council (OLC) | Ozarks Literacy Council is a 501(c)(3) non-profit organization with the mission of raising awareness and promoting literacy through free services to adults and children in Southwest Missouri. Ozarks Literacy Council offers free programs, including Basic Literacy, Child and Family Literacy as well as Reading Advocacy. Through these programs, OLC provides free one-on-one tutoring and low-literacy prevention programs for school children. 

About SRC Holdings Corporation | SRC Holdings Corp. is the oldest employee-owned remanufacturer to original equipment manufacturers (OEMs) in North America. Its associates have been leaders in core logistics, disassembly, cleaning, machining, assembly and testing everything from fuel injectors to large off-highway transmissions. The company is known worldwide for its open-book culture which espouses transparency, integrity, and economic literacy.

About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business.

DEUTZ Providing Remanufactured Engines for Terex AWP Reconditioning Services

DEUTZ will provide Terex AWP Reconditioning Services with its DEUTZ Xchange remanufactured engines which will be installed in reconditioned Genie aerial equipment.

DEUTZ Corporation |  MARCH 1, 2017

DEUTZ Corporation will provide Terex Aerial Work Platforms (AWP) Reconditioning Services, now located in Oklahoma City, with DEUTZ Xchange remanufactured engines. These remanufactured engines will be installed in reconditioned Genie aerial equipment, including boom lifts, scissor lifts and telehandlers.

“Terex’s new streamlined remanufacturing operations in Oklahoma City will produce high-quality machines fitted with our DEUTZ Xchange engines,” says Robert Mann, President and CEO of DEUTZ Corporation. “These engines carry a three-year, same-as-new transferable warranty that is supported by our global service network.”

DEUTZ's Pendergrass, GA, remanufacturing facility will ramp up engine production to meet Terex’s requirements, using Terex’s new-machine-production logistics channels in Oklahoma City to ensure a seamless transition. DEUTZ will provide “plug-and-play,” dressed Xchange engines with pre-installed mounting components and ancillary systems to minimize cycle time and manufacturing complexity.

“Terex’s AWP Reconditioning Services provide customers with a cost-effective alternative to purchasing new machines,” says Bob Bartley, Senior Director of Genie Product Support and Reconditioning for Terex AWP. “The popularity of reconditioned Genie aerial equipment is increasing, due in large part to a strong warranty, short lead times and an excellent service network. DEUTZ Xchange engines support these elements that are mandatory for the success of our reconditioned units.

“Due to the growth of its reconditioning business, Terex needed to partner with an integrated supplier that has a long, proven track record. The reconditioning business is highly dynamic due to the wide variety of Genie aerial equipment and engine models available. It would be challenging to grow this business without a flexible, capable supplier. That’s what we’ve found with DEUTZ.”

"We're honored to continue growing our partnership with Terex," says Steve Corley, Chief Sales Officer for DEUTZ Corporation. "By supplying Terex’s new reconditioning operations in Oklahoma City with DEUTZ Xchange products, our mutual customers be able to easily access high-quality alternatives to new machines.”

SOURCE: OEM OFF-HIGHWAY

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

NSE at Con/AGG 2017 [VIDEO] | #CONEXPOCONAGG

CON EXPO.jpg

The NewStream (NSE) sales team is in Las Vegas, NV this week at the Con/AGG expo, where every major construction industry is represented amongst 2,500+ exhibitors over 2,500,000 square feet and more than 150 education sessions including asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities and more.

The team will spend its time networking with current clients and researching future partnerships with prospective original equipment manufacturers (OEMs) to provide custom supply chain services, such as kitting, packaging, light assembly, warehousing and distribution.

Video from ConExpo

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

 

Cummins Reports Fourth Quarter and Full Year 2016 Financial Results

Cummins fourth quarter 2016 revenues decreased 6% due to lower North America commercial truck production and weak global market conditions.

Cummins Inc. |  FEBRUARY 9, 2017

Cummins Inc. reports results for the fourth quarter of 2016.

Fourth quarter revenues of $4.5 billion decreased 6% from the same quarter in 2015, largely reflecting lower commercial truck production in North America and weak global demand for industrial engines and power generation equipment. Currency negatively impacted revenues by approximately 2% compared to the same period last year, primarily due to a stronger U.S. dollar. Revenues in North America decreased 13% while international sales improved by 6% primarily due to increased revenues in China.

Net income attributable to Cummins in the fourth quarter was $378 million ($2.25 per diluted share), compared to $161 million ($0.92 per diluted share) a year ago. Net income for the fourth quarter of 2015 excluding impairment and restructuring charges was $355 million ($2.02 per diluted share). The tax rate in the fourth quarter of 2016 was 22%.

Earnings before interest and taxes (EBIT) in the fourth quarter was $526 million, or 11.7% of sales, compared to $230 million or 4.8% of sales a year ago. Excluding impairment and restructuring charges, EBIT for the fourth quarter of 2015 was $531 million or 11.1% of sales.

“Despite weak conditions in a number of our largest markets, Cummins delivered fourth quarter results that were a little better than expected due to our strong market share in on-highway markets in North America and the benefits of our cost reduction work,” says Tom Linebarger Chairman and CEO. “We made significant progress in a number of our key initiatives in 2016, including executing our restructuring actions, completing the acquisition of our distributors in North America and continuing to invest in new products, all of which help position the company for profitable growth when markets improve. We also returned 75% of the company’s Operating Cash Flow to shareholders, consistent with our plan for the year.”

Revenues for the full year 2016 were $17.5 billion, 8% lower than 2015. Revenues in North America decreased 12% and international sales decreased 2% mainly due to foreign currency movements. Excluding the impact of the currency movements, international revenues increased 2% with growth in China and India being offset by weaker demand in Latin America, the Middle East and Africa.

Net income attributable to Cummins for the full year was $1.39 billion ($8.23 per diluted share), compared to $1.4 billion ($7.84 per diluted share) in 2015. Excluding impairment and restructuring charges, net income was $1.59 billion ($8.93 per diluted share) in 2015. The full year tax rate was 24.6% in 2016.

EBIT for the year was $2.0 billion or 11.4% of sales, compared to $2.1 billion or 10.9% of sales in 2015. Excluding impairments and restructuring charges, EBIT for 2015 was $2.4 billion or 12 .5% of sales.

2017 Outlook

Based on the current forecast, Cummins projects full year 2017 revenues to be flat to down 5%, and EBIT to be in the range of 11.0-11.5% of sales. Results in the first quarter of the year will continue to be challenged by difficult markets and are expected to mark the low point of the year. The company expects to return at least 50% of Operating Cash Flow to shareholders in 2017 in the form of dividends and share repurchases.

2016 highlights:

  • Cummins partnered with Peterbilt to develop and demonstrate technologies under the U.S. Department of Energy's (DOE) SuperTruck II program
  • Cummins was recognized with the 2016 United States Overall Best Heavy-Duty Truck Engine Supplier Leadership Award by Frost and Sullivan
  • The Environmental Protection Agency (EPA) certified Cummins’ full range of heavy- and medium-duty diesel engines for the 2017 Greenhouse Gas Emission Standards
  • The company returned 75% of Operating Cash Flow to shareholders in the form of dividends and share repurchases
  • For the 12th straight year, Cummins Inc. was awarded a perfect score in the 2017 Corporate Equality Index (CEI) from the Human Rights Campaign

Fourth quarter 2016 detail

(All comparisons to same period in 2015, excluding restructuring and impairment charges in 2015.)

Engine Segment

  • Sales - $2.0 billion, down 6%
  • Segment EBIT - $194 million, or 9.9% of sales, compared to $160 million or 7.6% of sales
  • On-highway revenues declined 9% primarily due to a decline in commercial truck production in North America, partially offset by an 8% increase in off-highway sales

Distribution Segment

  • Sales - $1.7 billion, down 2%
  • Segment EBIT - $122 million, or 7.3% of sales, compared to $111 million or 6.5% of sales
  • Weaker sales to off-highway markets and an unfavorable impact of 1% from a stronger U.S. dollar more than offset 5% revenue growth from acquisitions

Components Segment

  • Sales - $1.2 billion, down 5%
  • Segment EBIT - $140 million , or 11.9% of sales, compared to $175 million or 14.2% of sales
  • Revenues in North America declined due to lower commercial truck production, but were partially offset by higher revenues in China

Power Systems Segment

  • Sales - $932 million, down 5%
  • Segment EBIT - $68 million, or 7.3% of sales, compared to $59 million, or 6% of sales
  • Revenues declined due to lower power generation and industrial engine demand in most regions

SOURCE: OEM OFF-HIGHWAY

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

Navistar, Volkwagen Close Strategic Alliance Deal

Navistar International Corp. announced the closing of its "wide-ranging strategic alliance" with Volkswagen Truck & Bus, which includes an equity investment in Navistar, a procurement joint venture, and technology and supply collaboration.

"This alliance with Volkswagen Truck & Bus marks a significant milestone in our company's history, and we expect it will create multiple benefits for both companies in both the near and long term," said Troy Clarke, Navistar chairman, president and CEO. "Now that the transaction has closed, we will move quickly to collaborate with an industry-leading, strategic partner to increase our global scale, strengthen our competitiveness, and provide our customers with expanded access to cutting-edge products, technology and services."

In fact, evidence of the new collaboration was already evident this week with Navistar's announcement at the ATA Technology & Maintenance Council annual meeting of the new A26 engine, based on the crankcase of a D26 engine from MAN – a German truck and engine manufacturer wholly owned by Volkswagen.

"The authorities have given our strategic alliance with Navistar the green light. Our newly-founded purchasing cooperation will begin work immediately. This puts both partners in a stronger position for the future. The strategic alliance provides Volkswagen Truck & Bus with access to the all-important North American market. This is a major step toward becoming a global champion," said Andreas Renschler, CEO of Volkswagen Truck & Bus.

With the closing of the alliance, Volkswagen Truck & Bus acquired approximately 16.2 million newly issued shares in Navistar, representing 16.6% of post-transaction undiluted common stock (or 19.9% of pre-transaction outstanding common stock), effective Feb. 28. As a result, Navistar receives $256 million to be used for general corporate purposes.

Renschler and Matthias Gründler, Chief Financial Officer of Volkswagen Truck & Bus, are joining Navistar's board of directors.

The companies' ongoing technology and supply collaboration, which operates out of Stockholm, Sweden, is intended to facilitate collaboration on several aspects of commercial vehicle development, including advanced powertrain technology solutions.

Global Truck & Bus Procurement LLC, the procurement joint venture created by Navistar and Volkswagen Truck & Bus, will start work effective immediately. Operating out of Navistar's headquarters in Lisle, Illinois, it's made up of representatives from both companies who will be combining the demand of five brands, including Volkswagen Truck & Bus's Scania, MAN and Volkswagen Caminhões e Ônibus, in addition to Navistar's own International and IC Bus brands.

Navistar continues to expect significant synergies from both the strategic technology collaboration and the procurement joint venture, expecting at least $500 million in "cumulative synergies" over the first five years.

SOURCE: WORK TRUCK ONLINE

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

Westport Fuel Systems Commends Natural Gas Emissions Study

Westport Fuel Systems commends the publication of a study by West Virginia University scientists quantifying methane emissions from heavy-duty natural gas-powered vehicles and fueling stations.

Westport Fuel Systems Inc. |  JANUARY 12, 2017

Westport Fuel Systems Inc. (Westport Fuel Systems) commends the publication of a new study by West Virginia University scientists at the Center for Alternative Fuels, Engines and Emissions (CAFEE) quantifying methane emissions from heavy-duty natural gas-powered vehicles and refueling stations. CAFEE scientists collaborated on the study with the Environmental Defense Fund (EDF) and a group of global natural gas industry leaders including the American Gas Association, Chart Industries, Clean Energy, Cummins, Cummins Westport, International Council on Clean Transportation, PepsiCo, Shell, Volvo Group, Waste Management, and Westport Fuel Systems. The study was published online by the journal Environmental Science & Technology and the results greatly expand on the very limited data on methane emissions from natural gas vehicles.

“This study offers a critical baseline by which ongoing product and technology enhancements can be measured, as it represents the first significant effort to quantify actual in-use methane emissions from natural gas filling stations and heavy-duty vehicles,” says Karen Hamberg, Vice-President of Natural Gas Industry and Government Relations. “Natural gas-fueled vehicles are expected to play a greater role in future transportation to meet the global regulatory trend for more stringent greenhouse gas emission (GHG) reductions. The natural gas vehicle industry has already implemented technology solutions to dramatically minimize, or in some cases, eliminate the largest sources of methane emissions from vehicle tailpipe, crankcase ventilation, and dynamic venting that were identified in the study.

“We have seen global interest in Westport High Pressure Direct Injection 2.0 (Westport HPDI 2.0), a next generation natural gas technology that is optimal for heavy-duty vehicles. Westport HPDI 2.0 features further improvements to maximize the GHG benefits of natural gas, such as the capture of dynamic venting. It is the only natural gas engine technology that can achieve diesel engine efficiency within 1% with inherently low engine-out unburnt methane emissions.

“For the North American market, the newly launched ISL G Near Zero 8.9L and ISB6.7 G engines from Cummins Westport Inc., a joint venture with Cummins Inc., feature closed crankcase ventilation that significantly reduces engine-related methane emissions while also meeting California Air Resources Board (CARB) optional low NOx standards”, adds Hamberg.

SOURCE:  OEM OFF-HIGHWAY

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

[VIDEO] HI-eSCR2: FPT Industrial technology on Cursor engine for Stage V

SOURCE:  OEM OFF-HIGHWAY

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

#GrillTheGM | Communication is key

The NSE Ownership Culture Committee (OCC) held its first Grill the GM meeting last month at NewStream Enterprises.

A small group of employee-owners, along with members of the OCC, and James Wilson, NSE's General Manager, spent just over an hour talking over lunch, catered by Whole Hog Cafe, about NSE business, inter-departmental communication, and the SRC family of companies.

"The biggest take away from the meeting was the importance of communication," Wilson mentioned about the gathering.

Overall, this first meeting in the Grill the GM series was a success, according to participants.  The laid-back atmosphere allowed employee-owners to feel more comfortable, and, therefore, more able to speak out about comments and concerns, including ways to improve communication throughout the warehouse, such as a mix-use of technology and face-to-face meetings.

The OCC will use the information gathered from Grill the GM as continuous improvement suggestions moving forward as it plans its next Grill the GM lunch meeting.

 

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

NSE at #TMC2017

Our sales team is at the American Trucking Association's (ATA) Technology and Maintenance Council (TMC) expo in Nashville's Music City Center this week. The team is busy networking with current customers and researching future opportunities to provide original equipment manufacturers (OEMs) custom supply chain services, such as kitting, packaging, light assembly, warehousing and distribution, through NSE.

TMC is America's premier technical society for truck equipment technology and maintenance professionals. It features a diverse membership of equipment managers, service-dealers, owner-operators, industry suppliers and manufacturers, educators, academia and others that support the trucking industry. TMC member fleets represent the broad range of industry vocations, including truckload, less-than-truckload, municipal, private, on/off-highway, construction and other operations. Find out more about TMC online.

Photos from TruckingInfo.com

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About NewStream Enterprises (NSE) |  NSE, a subsidiary of SRC Holdings Corporation, was formed in 1990 to provide customized supply chain management, such as kitting, packaging, light assembly, warehousing, distribution, and fulfillment, to the world’s leading On and Off Highway original equipment manufacturers (OEMs). It is an employee owned company which truly believes in the power of a workforce when each has a stake in outcome.  NSE can manage all or any segment of your supply chain process. Our services are customized to fit your requirements. From materials management, to direct order fulfillment, NSE becomes a seamless extension of your business. Learn more at NewStreaming.com

 

 

Navistar Rising: A26 Engine Signals New Chapter

Navistar's new A26 diesel engine, unveiled at TMC in Nashville, is the product of a radically new approach to engine design by the company.

Navistar's new A26 diesel engine, unveiled at TMC in Nashville, is the product of a radically new approach to engine design by the company.

NASHVILLE -- When International President Bill Kozek came from Paccar in 2014 to right the ship at Navistar, he knew the situation was critical. And he knew the task before him was immense. In fact, many industry experts were ready to write off the truck and engine manufacturer. But he expressed confidence that the talent, the determination and the sheer stubbornness of Navistar’s employees would eventually win out.

At the Technology & Maintenance Council Annual Meeting Monday night, the company announced a completely new and thoroughly modern family of diesel engines that, in Kozek’s words, will allow Navistar to not only regain the ground it lost during the divisive EGR-SCR wars of the early 2000s, but to also stake a claim as a diesel engine technology leader at a time of tremendous change in the North American trucking industry.

Leading International’s charge into the new, technological future is the A26 diesel engine – a wholly new powerplant, developed using the company’s also-new Project Alpha engine design program, a radically new diesel engine design philosophy.

Project Alpha was initiated as a way to cast off old, stratified engine design thinking, and approach the concept of a modern, fuel-efficient diesel from a totally new perspective. Navistar’s new A26, 12.4-liter diesel engine is the first product of that program.

"Project Alpha has fundamentally changed how we design diesel engines," Kozek said. "The International A26 has been designed to address the rigorous demands of Class 8 truck customers. It's been tested to extremes and meets a demanding B10 design life standard for an unprecedented 1.2 million miles."

The new A26 is also a first glance at a new, but quickly growing collaboration between International and Volkswagen, which acquired a major stock-holding stake in the company last year. The A26 is based on the crankcase of a D26 engine from MAN – a German truck and engine manufacturer wholly owned by Volkswagen.

According to Darren Gosbee, vice president of advanced engineering for International, the new A26 diesel engine produces up to 475 horsepower and 1,750 lb.-ft. of torque from a design that's 600-700 lbs. lighter than a traditional 15-liter, big bore engine. Additionally, he said, its components have been carefully engineered to deliver uncompromising uptime as well as class-leading fuel efficiency, reduced weight and quiet operation.

"The A26 was designed from the ground up to deliver industry-leading uptime, durability and reliability," Gosbee said. "The A26 is as simple as a modern engine can be, and we've built uptime into every part of the development process, from design to calibration to testing."

To achieve that goal, Gosbee said, every component on the A26 has been designed from the get-go to maximize uptime. This includes using a titanium compressor wheel with a simplified single-stage design, as well as a variable geometry turbocharger that reduces complexity and enhances reliability. Larger piston pins, connecting rods and bushings help optimize load distribution for enhanced durability, while smaller piston cooling jets increase oil pressure to improve lubrication, increasing oil change service intervals up to 70,000 miles.

The A26 diesel tips the scales at 2,299 pounds, whicn Gosbee said makes it the lightest engine in its class, weighing in at 55 pounds lighter than the engine it replaces. That said, International engineers were able to leverage the company’s cutting edge compacted graphite iron (CGI) crankcase technology to ensure the A26 has greater strength and fatigue resistance than traditional gray iron. Gosbee said the engine’s composite valve covers and shot-peened aluminum flywheel housing help deliver impressive weight savings over more traditional engine block casting solutions. 

Taken as a whole, Gosbee added, the A26 is the most efficient engine ever offered in International's on-highway lineup. Thanks to a simplified air management system and a new variable geometry turbocharger, Gosbee says the A26 delivers a 5% fuel economy boost over International’s previous, comparable engine offering. Fuel injection pressure is maximized by the engine's 2,500 bar (36,300 psi) high-pressure common rail fuel system, which is coupled with new cylinder head coolant passages that are 50% less restrictive to reduce parasitic loss to the water pump, which allow the A26 to reduce both fuel consumption and emissions.  

Another design strongpoint Gosbee touted are the low sound levels emitted by the A26. “The A26's uniquely sculpted crankcase, which is isolated with the oil pan through a specially designed rubber gasket, absorbs vibration and reduces harshness for a quieter in-cab experience,” Gosbee said. “The engine's six-blade fan, specially designed gear teeth and sophisticated calibration and programming are specifically built to reduce engine noise.”

According to International, the A26 is backed with the industry's best engine warranty: two years, unlimited miles. This warranty, Gosbee said, reflects confidence in the engine's reliability and durability, which have been confirmed through extensive validation and testing process.

The A26 engine is available for order in the International LT Series of long-haul vehicles and RH Series of regional haul vehicles.

Source:  TruckingInfo.com

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[VIDEO] The Most Leveraged Buyout in History | #theSRCstory

In part 2 of the Springfield Business Journal's conversation with Jack Stack, President and CEO of SRC Holdings, the discussion turns to the historical buyout of International Harvester by Jack and his partners. They leveraged everything they owned to save their jobs and the jobs of their employees during the height of recession.

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