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Tag: Horizon Global

Automotive Electronics / Automotive Technology

New remote trailer brake controller from Horizon Global’s Tekonsha brand

PLYMOUTH—Officials at Horizon Global Corp. announced the launch of its Tekonsha Prodigy iD Trailer Brake Controller. The new product integrates a color LED display right into a user’s vehicle’s dashboard, …

Auto Suppliers / Earnings

Horizon Global moves back to profit

PLYMOUTH—Horizon Global Corp. (NYSE: HZN), the manufacturer of towing and trailering equipment, reported net income of $960,000 or 4 cents a share in the second quarter ended June 30, up …

Automotive Aftermarket / Earnings / Manufacturing

Horizon discloses sales increase, bigger credit line

PLYMOUTH—Officials at Horizon Global Corp. (NYSE: HZN), the manufacturer of branded towing and trailering equipment, announced preliminary net sales results for the first quarter of 2021 and announced a $10 …

Auto Suppliers / Coronavirus / Earnings

Horizon Global cuts loss despite lower sales

PLYMOUTH–Horizon Global Corp. (NYSE: HZN) reported a loss of $16.7 million or 66 cents a share in the first quarter of 2020, an improvement from a loss of $25.1 million …

Auto Suppliers / Manufacturing

Horizon cuts fourth-quarter loss on sales increase

PLYMOUTH—Horizon Global Corp., (NYSE: HZN), the Plymouth-based manufacturer of branded towing and trailering equipment, reported a loss of $32 million or $1.24 a share in the fourth quarter of 2019, …

Acquisitions / Auto Suppliers / Private Equity

Horizon Global sells Asia-Pacific business

TROY—Officials of Horizon Global Corp. (NYSE: HZN), the Troy-based manufacturer of branded towing and trailering equipment, announced that the company entered into an agreement to sell its Asia-Pacific business segment …

Auto Suppliers / Earnings / Manufacturing

Horizon Global Delivers Profit Improvement

TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported net income of $2.2 million or 12 cents a share in the first quarter ended …

Auto Suppliers / Manufacturing

Tax Credit Boosts Horizon Global Profit; Sales Dip

BLOOMFIELD HILLS — Horizon Global Corp. (NYSE: HZN) completed its first quarter as a stand-alone, independent public company with net income of $6.4 million or 35 cents a share in …

Auto Suppliers / Earnings

Horizon Global Revenue, Income Fall

BLOOMFIELD HILLS — Horizon Global Corp. (NYSE: HZN), the towing and trailering equipment manufacturer, reported second quarter net income of $2.2 million or 12 cents a share, down from $10.8 …

Earnings / Manufacturing

TriMas Profit Falls After Spinoffs

BLOOMFIELD HILLS — The diversified manufacturer TriMas Corp. (NASDAQ: TRS) announced net income of $1.7 million or 4 cents a share in the second quarter, down from $26.2 million or …

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