Sodimac

Parque Arauco Consolidates Growth Plan for Over US$ 500 Million, Announcing the First Multifamily Building Integrated Into a Shopping Center in Chile

Retrieved on: 
Monday, April 29, 2024
Commercial Building & Real Estate, Construction & Property, Department Stores, Other Retail, Urban Planning, Supermarket, Restaurant, Bar, Fashion, Retail, Residential Building & Real Estate, Sodimac, LAS, Annual, Acquisition, Master Plan, Boulevard, GLA, Metro

As part of the third phase (Kennedy Phase) of Parque Arauco Kennedy's Master Plan, the company takes a significant strategic step by incorporating, for the first time, a multifamily building within a shopping center.

Key Points: 
  • As part of the third phase (Kennedy Phase) of Parque Arauco Kennedy's Master Plan, the company takes a significant strategic step by incorporating, for the first time, a multifamily building within a shopping center.
  • Eduardo Pérez Marchant, CEO of Parque Arauco, commented, “We made the decision to incorporate, for the first time, a multifamily building in a shopping center.
  • This sector will create a high-quality space for public use, replacing the current parking with green areas and entertainment alternatives.
  • In 2023, the shopping center was part of a rebranding process, and was renamed “MegaPlaza Ica”.

ToughBuilt Industries Announces First Quarter 2023 Results

Retrieved on: 
Monday, May 22, 2023
Quarter, Clamp, TBLT, Amazon (company), Pliers, Growth, Financial management, Sodimac, Film industry, Video game

IRVINE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), reported today their financial results for the first fiscal quarter of the year, ended March 31, 2023.

Key Points: 
  • IRVINE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), reported today their financial results for the first fiscal quarter of the year, ended March 31, 2023.
  • Financial Highlights for the Quarter Ended March 31, 2023:
    Revenues increase approximately 17% from 17.2 million for Q1 2022 to approximately $20.2 million for Q1 2023.
  • Additionally, first quarter 2023 Amazon.com gross sales increased by 10% to approximately $3.8 million, compared to approximately $3.4 million for the first quarter of 2022.
  • Operating expenses were approximately $19.3 million in the first quarter of 2023, compared to approximately $18.4 million in the first quarter of 2022.

ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac

Retrieved on: 
Wednesday, January 25, 2023
Stock, LATAM, Partnership, Sodimac, TBLT, Overalls, Video game console, Grocery store

The Company has completed an extended agreement with Sodimac.

Key Points: 
  • The Company has completed an extended agreement with Sodimac.
  • Expanded agreement brings ToughBuilt to market in all countries in the region.
  • Agreement begins with 15 initial in-store SKUs and 23 SKUs in Sodimac’s online market.
  • LATAM customers will find ToughBuilt products in a wall display featuring some of the best-selling SKUs in the Company’s line.

Byrna Technologies Announces the Formation of Byrna LATAM and the Opening of a New Factory in Argentina

Retrieved on: 
Thursday, January 12, 2023
Maxi, Lean, Universidad Austral, Culture, Safety, Phillips, Sodimac, Sale, Software craftsmanship, MBA, Methodology, Airline, Byrna Barclay, Mercosur

ANDOVER, Mass., Jan. 12, 2023 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced the formation of new subsidiary, Byrna LATAM, based in Montevideo, Uruguay.  Byrna LATAM will be responsible for the manufacture, sale, and distribution of Byrna products throughout Latin America.   Byrna LATAM is a joint venture between Byrna and Fusady SA, a holding company owned and controlled by a group of highly successful investors with decades of experience operating throughout Latin America.  Byrna is the majority owner of Byrna LATAM and has a call option on the shares in Byrna LATAM that it does not already own that may be exercised upon the occurrence of certain circumstances.

Key Points: 
  • ANDOVER, Mass., Jan. 12, 2023 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced the formation of new subsidiary, Byrna LATAM, based in Montevideo, Uruguay.
  • Byrna LATAM will be responsible for the manufacture, sale, and distribution of Byrna products throughout Latin America.
  • Byrna is the majority owner of Byrna LATAM and has a call option on the shares in Byrna LATAM that it does not already own that may be exercised upon the occurrence of certain circumstances.
  • Byrna LATAM was capitalized through an initial contribution of $4.1 million in equity and shareholder loans provided Byrna and Fusady SA.

ToughBuilt Industries Announces Third Quarter 2022 Results

Retrieved on: 
Monday, November 14, 2022
Metric, Result, COGS, Marketing, Analysis, TBLT, Risk, Xi, Trademark dilution, Longest increasing subsequence, Creativity, Government, Sawhorse, Sodimac, MKM, Financial condition report, Security (finance), Work-product doctrine, Annual report, Growth, COVID-19, Consumables, Amazon (company), MD, Video game, Risk management, Amazon

IRVINE, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended September 30, 2022.

Key Points: 
  • IRVINE, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended September 30, 2022.
  • Third Quarter 2022 and Subsequent Financial Highlights:
    Revenues for the three months ended September 30, 2022 were approximately $30.2 million, an increase of 76% compared to the same period in 2021.
  • Net income in the third quarter of 2022 was approximately $539 thousand, or $0.05 per share, compared to a net loss of approximately $9.0 million, or $(11.18) per share in the third quarter of 2021.
  • Third Quarter 2022 and Subsequent Business Highlights:
    Third quarter 2022 Amazon.com gross sales were approximately $3.91 million, compared to approximately $3.4 million for the third quarter of 2021.

ToughBuilt Industries Announces South American Distribution Agreement With Sodimac

Retrieved on: 
Wednesday, October 19, 2022
U.S. Securities and Exchange Commission, SEC, Government, Work-product doctrine, Growth, Sawhorse, CAGR, NASDAQ, Security (finance), Sodimac, Stock, TBLT, Falabella, Company, Industry, LATAM, Trademark dilution, Awareness, GLOBE, Forward-looking statement, Creativity, Consumables, COVID-19, Risk, Compliance, Risk management

IRVINE, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company has reached a comprehensive distribution agreement with Sodimac, the largest home improvement and construction supplier in South America; beginning with Peru and Colombia with 15 ToughBuilt SKUs.

Key Points: 
  • IRVINE, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company has reached a comprehensive distribution agreement with Sodimac, the largest home improvement and construction supplier in South America; beginning with Peru and Colombia with 15 ToughBuilt SKUs.
  • LATAM customers will now find ToughBuilt products in Sodimacs retail locations through a branded wall display featuring some of the best-selling SKUs in the Companys line of innovative tools.
  • ToughBuilt is an advanced product design, manufacturer, and distributor with emphasis on innovative products.
  • Currently, we are focused on tools and other accessories for the professional and do-it-yourself construction industries.

GreyOrange Enhances Automated Fulfillment Capabilities to Move Heavy Inventory

Retrieved on: 
Wednesday, March 24, 2021
Economic growth, Manufacturing, Production economics, Economy, Economic sectors, Supply chain management, Blog software, Greymatter, Productivity, Supply chain, Sodimac

GreyMatter optimizes route selection for Ranger IL, which can operate continuously to augment the productivity of the human workforce at the DC.

Key Points: 
  • GreyMatter optimizes route selection for Ranger IL, which can operate continuously to augment the productivity of the human workforce at the DC.
  • The GreyMatter fulfillment operating system generates a safe and rapid return-on-investment through increased productivity as well as saved time, cost and labor.
  • GreyOrange helped us develop ways of increasing the efficiency and productivity of the whole supply chain, said Mariano Imberga, Operations Manager, Sodimac.
  • Because GreyMatter makes all inventory visible, all stock is shown as activeready and accessible to fulfill across all channels at all times.