Articles from EnerSys

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced the successful completion of contract and funding negotiations with the U.S. Department of Energy (DOE). This final agreement secures a $199 million award from the DOE’s Office of Manufacturing and Energy Supply Chains, which will support the construction of EnerSys’ state-of-the-art lithium-ion cell production facility in Greenville, South Carolina.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced the Company will release its third quarter fiscal 2025 financial results for the period ended December 29, 2024, after the market close on Wednesday, February 5, 2025. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, February 6, 2025, to review the results.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, announced today that it has earned the 2025 Military Friendly® Employer designation.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, is honored to announce its inclusion in Newsweek's "America's Most Responsible Companies 2025" list. This recognition underscores EnerSys' unwavering commitment to environmental stewardship, social responsibility, and corporate governance.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced incremental benefits associated with the Advanced Manufacturing Production Credit, part of Section 45X of the Internal Revenue Code (IRC). Based on final regulations for certain direct material input costs recently issued by the U.S. Treasury Department, and subsequent review by EnerSys’ external advisors, the Company has refined its calculations to expand the value of its benefits for tax credits, including credits related to its production of Electrode Active Material.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced the appointment of Keith Fisher as President, Energy Systems Global effective January 2, 2025. Mr. Fisher will succeed and report to Shawn O’Connell, who was recently promoted to President and Chief Operating Officer.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced that VP & Treasurer, Dan Platt, is scheduled to present on Tuesday, December 3rd, at the BofA Securities Leveraged Finance Conference, being held in Boca Raton, Florida. The presentation will begin at 11:30 a.m. ET. A live video webcast and archived replay will be available to the public at https://bofa.veracast.com/webcasts/bofa/levfin2024/WJ941G.cfm.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share of common stock payable on December 27, 2024, to holders of record as of December 13, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its second quarter of fiscal 2025, which ended on September 29, 2024.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced that David Shaffer has notified the Board of Directors of his intention to retire as President and Chief Executive Officer effective May 2025. As part of a planned succession, including a comprehensive search process, the Board has named Shawn O’Connell, President, Energy Systems Global, as successor and appointed him President and Chief Operating Officer effective immediately. Upon Mr. Shaffer’s retirement, Mr. O’Connell will assume the role of President and Chief Executive Officer and will join EnerSys’ Board of Directors. Mr. Shaffer and Mr. O’Connell will continue to work closely together to ensure a smooth transition over the next six months.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, is proud to announce that its ABSL™ lithium-ion space battery was successfully launched onboard NASA’s Europa Clipper spacecraft. The launch took place on October 14, 2024, aboard a SpaceX Falcon Heavy Rocket from NASA’s Kennedy Space Center.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, is proud to announce its inclusion in two prestigious rankings: the TIME World’s Best Companies 2024 and the Forbes Best Employers for New Grads 2024. These honors are presented by TIME, Forbes, and Statista, a world-leading statistics portal and industry ranking provider.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its second quarter fiscal 2025 financial results for the period ended September 29, 2024, after the market close on Wednesday, November 6, 2024. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, November 7, 2024, to review the results.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications will host a “Technology Talk” webcast on Monday, September 30, 2024, at 10:30 a.m. ET to provide more details about its lithium-ion battery cell gigafactory development plans and lithium-ion battery technology roadmap. A live video webcast and archived replay will be available at https://enersys-tech-talk-lithium-cell-factory-update-2024.open-exchange.net/.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced that it has been selected to enter into award negotiations for $199 million from the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains to support the development of EnerSys’ lithium-ion cell production facility in Greenville, SC.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced that EVP & CFO, Andrea Funk, is scheduled to present on Monday, September 16th, at CL King's Best Ideas Conference, being held in a virtual format. The presentation will begin at 3:30 p.m. ET. A live video webcast and archived replay will be available at https://wsw.com/webcast/clk24/ens/1523200.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend increase of 7% to $0.24 per share of common stock payable on September 30, 2024, to holders of record as of September 16, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its first quarter of fiscal 2025, which ended on June 30, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that it has completed its acquisition of Bren-Tronics. The acquisition of Bren-Tronics marks a significant milestone in EnerSys’ strategic growth and expansion initiatives.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its first quarter fiscal 2025 financial results for the period ended June 30, 2024, after the market close on Wednesday, August 7, 2024. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, August 8, 2024, to review the results.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced that each of Arthur T. Katsaros and General Robert Magnus, USMC (Retired) will retire from the Company's Board of Directors at the end of their elected terms, effective as of the date of the Company's 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”). Following these retirements, Paul J. Tufano will assume the role of Independent Non-Executive Chair of the Board, and Steven M. Fludder will assume the role of Compensation Committee Chair.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced that members of its management team are scheduled to participate in upcoming investor conferences.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its fourth quarter and full year fiscal 2024, which ended on March 31, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.225 per share of common stock payable on June 28, 2024, to holders of record as of June 14, 2024.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, is proud to announce the publication of its 2023 Sustainability Report, showcasing notable progress in environmental, social, and governance (ESG) performance. The report underscores the Company’s commitment to sustainability and highlights the Company’s efforts to align – ahead of schedule – with new and upcoming regulatory frameworks, including the European Sustainability Reporting Standards.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, has secured the 2024 Energy Storage Product of the Year Award at the Electrical Review and Data Centre Review Excellence Awards.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, proudly announces its recognition by VIQTORY™ in their 2024 Top 10 Military Friendly® Supplier Diversity Program. Military Friendly® evaluates organizations' commitment, effort, and success in creating sustainable and meaningful benefits for the military community. This accolade underscores our dedication to fostering inclusion and equity within our supply chain.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced it has entered into a definitive agreement to acquire Bren-Tronics, Inc. in an all-cash transaction of $208 million. The purchase price represents approximately 8.7x Bren-Tronics’ adjusted EBITDA for the twelve months ending December 31, 2023.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its fourth quarter and full year fiscal 2024 financial results for the period ended March 31, 2024, after the market close on Wednesday, May 22, 2024. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, May 23, 2024, to review the results.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications announced today that President & CEO, David Shaffer, and EVP & CFO, Andrea Funk, are scheduled to present on Monday, May 6th, at the Oppenheimer 19th Annual Industrial Growth Conference, being held in a virtual format.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, has been awarded the Better Project Award from the U.S. Department of Energy (DOE) Better Plants Program for implementation of the Sovema Cold Cube cutting system. This award is the second award that EnerSys has received in two years from the DOE, underscoring the company’s commitment to sustainability, energy efficiency, and innovation within the manufacturing industry.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced the promotion of Mark Matthews to the role of President, Specialty Global. Since joining EnerSys in 2016, Mark has held roles of increasing responsibility, most recently as Senior Vice President, Specialty Global.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications announced today that EVP & CFO, Andrea Funk, and SVP & CTO, Joern Tinnemeyer, will attend the 2024 Wells Fargo Clean Energy Symposium in New York, NY on March 26, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, has announced that it has selected Greenville, South Carolina to develop a lithium-ion cell gigafactory to advance battery production in the United States. This new factory represents a long-term opportunity that will enable growth and allow EnerSys to optimize cell sizing in battery solutions for its customers, providing independence from non-domestic cell suppliers.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.225 per share of common stock payable on March 29, 2024, to holders of record as of March 15, 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its third quarter of fiscal 2024, which ended on December 31, 2023.

EnerSys® (NYSEENS), the global leader in stored energy solutions for industrial applications, has announced the launch of its NexSys® AIR wireless charger. Engineered for a wide range of Automated Guided Vehicles (AGVs), the new NexSys® AIR wireless charger boasts an advanced, space-saving design to automate charging and eliminate maintenance, giving facilities and AGV Original Equipment Manufacturers (OEMs) a safe and convenient solution that eliminates physical connections.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its third quarter fiscal 2024 financial results for the period ended December 31, 2023, after the market close on Wednesday, February 7, 2024. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, February 8, 2024, to review the results.

EnerSys (NYSEENS), the global leader in energy storage solutions for industrial applications, is thrilled to present its second annual Task Force on Climate-related Financial Disclosures (TCFD) report for the calendar year 2023. This report builds off of the disclosures in our inaugural 2022 TCFD report, and echoes the company’s dedication to sustainability, aligning seamlessly with our ambitious targets of achieving net zero Scope 1 emissions by 2040 and net zero Scope 2 emissions by 2050.

EnerSys (NYSEENS) (“EnerSys” or the “Company”) announced today the closing of $300 million aggregate principal amount of its 6.625% senior notes due 2032 (the “Notes”). The Notes were issued at an issue price of 100% of the principal amount. The Notes are unsecured, unsubordinated obligations of the Company and are guaranteed by each of the Company’s subsidiaries that guarantee the Company’s senior secured credit facilities and 4.375% senior notes due 2027.

EnerSys (NYSEENS) (“EnerSys” or the “Company”) announced today the pricing of $300 million aggregate principal amount of its 6.625% senior notes due 2032 (the “Notes”) at an issue price of 100%. The Notes will be unsecured, unsubordinated obligations of the Company and will be guaranteed by each of the Company’s subsidiaries that guarantee the Company’s senior secured credit facilities and 4.375% senior notes due 2027. The offering is expected to close on January 11, 2024, subject to the satisfaction of customary closing conditions.

EnerSys (NYSEENS) (“EnerSys” or the “Company”) announced today that it intends to offer, subject to market and customary conditions, $300 million aggregate principal amount of senior notes due 2032 (the “Notes”). The Notes will be unsecured, unsubordinated obligations of the Company and will be guaranteed by each of the Company’s subsidiaries that guarantee the Company’s senior secured credit facilities and 4.375% senior notes due 2027.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications is providing a one time update to a portion of its previously issued fiscal third quarter 2024 outlook following the December 14, 2023 issuance of proposed regulations by the U.S. Department of the Treasury regarding the Advanced Manufacturing Production Credit - Section 45X of the Internal Revenue Code. The proposed regulations provide additional clarification on the methodology for calculating capacities of batteries that qualify for tax credits. EnerSys believes the impact of the proposed regulations will result in more of its product sales than previously anticipated to qualify for the related tax credits.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications announced today that it will host a webcast featuring Chad Uplinger, President, Motive Power Global, who will share his perspective on the motive power end markets, megatrends, and EnerSys’s maintenance-free solutions that are enabling customers to achieve their automation, electrification and decarbonization goals.

EnerSys (NYSEENS), the global leader in stored energy solutions, is pleased to announce its recognition on the prestigious list of Newsweek’s America’s Most Responsible Companies 2024.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced that Landmark Dividend LLC (“Landmark”), a global leader in the acquisition, development, and management of real estate and digital infrastructure, has placed an order for 50 units of EnerSys’s proprietary and revolutionary energy storage and management systems which enables energy optimization through various applications including demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles (EVs).

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.225 per share of common stock payable on December 29, 2023, to holders of record as of December 15, 2023.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its second quarter of fiscal 2024, which ended on October 1, 2023.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its second quarter fiscal 2024 financial results for the period ended October 1, 2023, after the market close on Wednesday, November 8, 2023. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, November 9, 2023, to review the results.

EnerSys (NYSEENS), the global leader in stored energy solutions for cable broadband and telecommunications networks, announced today that the Alpha® ADOM outdoor gateway, a DOCSIS 3.1-enabled OEM module, has been recognized among the best in the industry by the 2023 Broadband Technology Report's Diamond Technology Reviews, a program developed to recognize the most innovative products available to the cable broadband industry.

EnerSys® (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced the launch of its DPX Distributed Power Transport System featuring the company’s new EnShield™ technology, at Mobile World Congress Las Vegas 2023. The EnShield™ technology applies the Fault Managed Power standard to minimize the time-consuming and expensive connections to the electrical grid when deploying outdoor small cells. The DPX system eliminates many of the hurdles linked to permitting and logistics for power connections. The DPX Distributed Power Transport System is being featured in the EnerSys booth, #818, at the Mobile World Congress being held at the Las Vegas Convention Center, September 26-28.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced the retirement of Andrew (Drew) M. Zogby, President, Energy Systems Global, effective March 31, 2024. After an exceptional tenure of 15 years combined at EnerSys and Alpha and a remarkable 30-year career in the broadband, telecommunications, renewable energy and technology industries, Mr. Zogby has chosen to embark on the next chapter of his life. In 2018, when EnerSys acquired Alpha Technologies, it not only gained a valuable business asset but also an invaluable leader in Drew. Since joining EnerSys, Drew displayed exceptional leadership, strategy, and vision, consistently driving innovation for the Energy Systems business.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, has recently been selected to supply its proprietary Thin Plate Pure Lead (TPPL) batteries to the United States Navy (USN) as main storage batteries on all four classes of USN Nuclear Submarines. The contract has a maximum value of $91.8M over its multi-year duration.

EnerSys (NYSEENS), the global leader in stored energy solutions, has been honored with the distinguished Energy Efficiency Initiative of the Year award as part of Environmental Finance’s Sustainable Company Awards. The recognition was given specifically for implementation of the EnerSys Operating System (EOS), a lean management program designed to identify, reduce, or eliminate excess waste and associated costs across its operations.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that members of its management team are scheduled to present on Monday, September 18th, at CL King's Best Ideas Conference, being held in a virtual format. The presentation will begin at 1:15 p.m. ET. A live video webcast and archived replay will be available at https://wsw.com/webcast/clk22/ens/1520820.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend increase of 29% to $0.225 per share of common stock payable on September 29, 2023, to holders of record as of September 15, 2023. This marks the company's 42nd consecutive quarterly dividend.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its first quarter of fiscal 2024, which ended on July 2, 2023.

EnerSys® (NYSEENS), the global leader in stored energy solutions, is proud to announce the first-ever publication of its 2022 value chain (Scope 3) greenhouse gas emissions data as part of its ongoing sustainability initiatives. This disclosure builds upon the company’s previous announcement to achieve Scope 1 and Scope 2 neutrality by 2040 and 2050 respectively, and reinforces the company’s dedication to environmental stewardship and role as a global corporate citizen.

EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its first quarter fiscal 2024 financial results for the period ended July 2, 2023, after the market close on Wednesday, August 9, 2023. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at https://investor.enersys.com/. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, August 10, 2023, to review the results.

EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, hosted its 2023 Investor Day at the New York Stock Exchange on Thursday, June 15, 2023.

READING, Pa., May 24, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock payable on June 30, 2023, to holders of record as of June 16, 2023.

Fourth Quarter Fiscal 2023 Highlights(All comparisons against the fourth quarter of fiscal year 2022 unless otherwise noted)

READING, Pa., May 16, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS)

READING, Pa., May 03, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its fourth quarter and full year fiscal 2023 financial results for the period ended March 31, 2023, after the market close on Wednesday, May 24, 2023. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at https://investor.enersys.com/. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, May 25, 2023, to review the results.

READING, Pa., May 01, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications announced today the appointment of Shannon Thomas as its new Chief Human Resources Officer (CHRO). She will join the executive team and report directly to EnerSys’s President and CEO David M. Shaffer. In this role, Ms. Thomas will be responsible for the strategy, leadership and operations of the global Human Resources function, overseeing the company's talent lifecycle and development, total rewards, as well as its diversity, equity, and inclusion (DEI) initiatives.

READING, Pa., April 25, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that members of its management team are scheduled to participate in upcoming investor conferences.

READING, Pa., April 13, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, will host an Investor Day in New York City on Thursday, June 15, 2023. David Shaffer, President and CEO, Andrea Funk, Executive Vice President and CFO, and other members of the executive management team will present a detailed overview of the Company’s strategic vision and drivers to innovate, optimize, and accelerate the business, as well as their priorities on sustainability and capital allocation. The event will include formal presentations and Q&A sessions followed by a luncheon with senior leadership and a product showcase.

READING, Pa., April 12, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS)

READING, Pa., Feb. 28, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that Joern Tinnemeyer, Senior Vice President and Chief Technology Officer, and Mark Matthews, Senior Vice President Specialty Global, will host a Tech Talk focused on the EnerSys ACE chip software technology, highlighting use cases in the Specialty segment as well as smart battery solutions across all EnerSys lines of business.

READING, Pa., Feb. 08, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock payable on March 31, 2023, to holders of record as of March 17, 2023.

READING, Pa., Feb. 08, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its third quarter of fiscal 2023, which ended on January 1, 2023.

READING, Pa., Feb. 07, 2023 (GLOBE NEWSWIRE) -- EnerSys® (NYSEENS), the global leader in stored energy solutions for industrial applications, is proud to have been named to Newsweek’s list of America’s Most Responsible Companies 2023.

READING, Pa., Jan. 18, 2023 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its third quarter fiscal 2023 financial results for the period ended January 1, 2023, after the market close on Wednesday, February 8, 2023. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at https://investor.enersys.com/. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, February 9, 2023, to review the results.

READING, Pa., Dec. 21, 2022 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced that it has closed a trade receivable securitization facility of $150 million with Wells Fargo, N.A. The Company expects to utilize $150 million of the facility, with this asset monetization providing annual interest savings of approximately $1.4 million. The facility has a term of three years.

READING, Pa., Dec. 14, 2022 (GLOBE NEWSWIRE) -- EnerSys (NYSEENS)