Chicago Rivet & Machine Co
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Industrials : Machinery | Small Cap Value
Company profile

Chicago Rivet & Machine Co. is engaged in the business of producing and selling rivets, cold-formed fasteners and parts, screw machine products, automatic rivet setting machines and parts and tools for such machines. The Company operates in two segments of the fastener industry: Fasteners and Assembly Equipment. The Fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment consists primarily of the manufacture of automatic rivet setting machines, automatic assembly equipment and parts and tools for such machines. The principal market for the Company’s products is the North American automotive industry. The Company serves various customers in the manufacture of automobiles and automotive components. The Company's wholly owned subsidiary is H & L Tool Company, Inc.

Closing Price
Day's Change
-0.1125 (-0.42%)
B/A Size
Day's High
Day's Low

10-day average volume:

Ford stock rises after EV buying agreement with United Rentals

8:39 am ET May 10, 2022 (MarketWatch)

Shares of Ford Motor Co. (F) rose 1.5% in premarket trading Tuesday, after the automaker and equipment rental company United Rentals Inc. (URI) announced an agreement in which United Rentals to buy electric vehicles from Ford. United Rentals stock were indicated up more than 1.5%. The agreement initially includes orders for 500 F-150 Lightning trucks and 30 E-Transit vans, with 120 of the F-150s and all 30 E-Transits to be delivered this year. United Rentals said the trucks and vans will be sued by its customers on construction and industrial sites and by the company's sales, service and delivery employees. Ford's stock has plunged 35.6% year to date through Monday and United Rentals shares have dropped 13.7%, while the S&P 500 has shed 16.3%.

-Tomi Kilgore


(END) Dow Jones Newswires

May 10, 2022 08:39 ET (12:39 GMT)

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