Industrial technology

Linklogis Releases 2023 ESG Report: Serving RMB19.2 Billion of Transactions Related to Sustainable Supply Chains

Retrieved on: 
Thursday, April 25, 2024
Cloud, Investment, Risk management, Privacy, Intellectual property, White paper, Communication, Sustainalytics, Professional, Industrial technology, Standard Chartered, SME, Blockchain, Artificial intelligence, Carbon, Female, Mental health, Data management, Environment, ESG, Social responsibility, Renewable energy, Growth

Shenzhen, China, April 25, 2024 (GLOBE NEWSWIRE) -- On April 25, 2024, Linklogis Inc. (09959.HK, “Linklogis”) released its 2023  Environmental, Social, and Governance (ESG) Report.

Key Points: 
  • Shenzhen, China, April 25, 2024 (GLOBE NEWSWIRE) -- On April 25, 2024, Linklogis Inc. (09959.HK, “Linklogis”) released its 2023  Environmental, Social, and Governance (ESG) Report.
  • Linklogis is committed to fulfilling corporate social responsibility through technological innovation, promoting inclusive finance, and driving society towards sustainable development.
  • Throughout the year, the assets of transactions that Linklogis served related to sustainable supply chains (including renewable energy, rural revitalization, environmental protection, intellectual property, etc.)
  • Linklogis has always placed ESG and sustainable development in an important position, continuously exploring more efficient and effective sustainable supply chain finance technology models, and integrating them into specific business strategies.

Bosch is banking on innovations, partnerships, and acquisitions – cost reduction remains in focus

Retrieved on: 
Thursday, April 18, 2024
Robert Bosch GmbH, Cold climate, CFO, DOE, Investment, College of Engineering (KNUST), Silicon, Hydrogen, Research, Heat, VMM, Semiconductor, Carbon, Public expenditure, Weakness, Environment, Tax, Acquisition, Mobility, Industrial technology, CES, Electrolysis, Final good, Growth, COVID-19, Renewable energy

In the past business year, Bosch generated sales of $99 billion (91.6 billion euros) despite unfavorable economic and market conditions.

Key Points: 
  • In the past business year, Bosch generated sales of $99 billion (91.6 billion euros) despite unfavorable economic and market conditions.
  • “A successful final sprint at the end of 2023 contributed to our expectations on the whole being met.
  • However, there could be a slight improvement in the consumer goods markets after two years of consumer restraint.
  • Bosch expect its own business to stabilize, to which innovations as well as the expansion of its international footprint should contribute.

Flux Power Appoints Mark Leposky to Board of Directors

Retrieved on: 
Thursday, April 18, 2024
Other Energy, Technology, Batteries, Manufacturing, Alternative Energy, Energy, Other Manufacturing, Storm, The Coca-Cola Company, Army, Science, Ogio, Compensated emancipation, Fisher Scientific, Wolfskin, Transport, History, Company commander, Engineering, Callaway Golf Company, Committee, Audit committee, United Parcel Service, Golf, The Gathering Storm, Industrial technology, MBA, Annual general meeting, Battalion, TaylorMade, Management

Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Mark Leposky, a senior-level executive and entrepreneur, to its Board of Directors as an independent director, effective April 18, 2024.

Key Points: 
  • Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Mark Leposky, a senior-level executive and entrepreneur, to its Board of Directors as an independent director, effective April 18, 2024.
  • Mark Leposky has over 30 years of experience leading, transforming, growing, and turning around consumer product and service companies.
  • “Mark brings deep and valuable business and product strategy experience with a strong track record of driving high growth revenue and profitability, and we welcome him to the Board,” said Ron Dutt, Chief Executive Officer of Flux Power.
  • After the 2024 Annual Meeting, Flux Power’s Board will consist of 5 members.

Plocamium Holdings Launches New Service Targeting Middle Market Companies to Increase Value Creation Through Expertise and Strategic Investment

Retrieved on: 
Tuesday, April 9, 2024
Packaging, Professional Services, Manufacturing, Finance, Philosophy, Industrial technology, Container, Growth

Plocamium Holdings ("PH"), a newly launched private equity services firm, announced today it has begun working with middle market companies and sponsors to improve growth and drive greater returns and performance for those companies and investors.

Key Points: 
  • Plocamium Holdings ("PH"), a newly launched private equity services firm, announced today it has begun working with middle market companies and sponsors to improve growth and drive greater returns and performance for those companies and investors.
  • PH offers a unique suite of expertise that can evaluate a company’s strengths and weaknesses from the C-Suite to the factory floor.
  • It has begun working with companies in the global Healthcare Technology and Services, Defense, Industrial Technology, and Containers and Packaging sectors and is a trusted partner of companies with enterprise values between $10m and $500m.
  • “This is a $5 billion to $10 billion market in the United States, growing to more than $20 billion globally.

MIRDC Showcases Exceptional Innovations at 2024 RIN Summit with Taiwan RTOs

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Wednesday, April 3, 2024
Economy, Organization, Database, Grand, NRC, Fraunhofer, Industrial technology, Grand Hyatt Taipei, Welding, 3D, MOEA, Metal Industries, Limited, RIN, Methane, Ecosystem, National Research Council Canada, Summit, Fermentation, Siderian, Ministry, Fatigue, Multimedia, CSBC Corporation, Taiwan, Biomass, Sewage

KAOHSIUNG, April 3, 2024 /PRNewswire/ -- RTOs International Network (RIN), an entity within the European Association of Research and Technology Organizations (EARTO), Europe's premier network of R&D institutions, convened its inaugural meeting in Taiwan this year.

Key Points: 
  • KAOHSIUNG, April 3, 2024 /PRNewswire/ -- RTOs International Network (RIN), an entity within the European Association of Research and Technology Organizations (EARTO), Europe's premier network of R&D institutions, convened its inaugural meeting in Taiwan this year.
  • Chiou Chyou-Huey, Director General of the Department of Industrial Technology at the Ministry of Economic Affairs (MOEA), together with the chief executives of RIN member organizations and delegates from various R&D institutions, assembled at the Grand Hyatt Taipei on March 27th for the 2024 RIN Summit with Taiwan RTOs.
  • MIRDC exhibited its leading-edge technology and expertise in industrialization, with focus on overcoming challenges faced by local industries and facilitating their access to global markets.
  • Yung-Hsiang Lai, President of MIRDC, stated that the two milestones are a testament to the organization's commitment to fostering industrial innovation and pursuing international collaboration.

Capstone Partners Reports: Middle Market M&A Valuations Soften, Market Participants are Optimistic for a Recovery in 2024

Retrieved on: 
Thursday, March 21, 2024
EV, Transport, Corporate services, Fintech, YOY, Industrial technology, Federal, Dislocation, Acquisition, Capstone Partners, Federal Reserve, Telecom, Optimism, Commercial property

BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.

Key Points: 
  • BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.
  • While business owners encountered a challenging valuation environment, several bright spots of the market have provided optimism for resilience and recovery in transaction value in 2024.
  • Buyers demonstrated heightened discipline in middle market M&A processes in 2023, refraining from overextending themselves to acquire target companies.
  • This may have coincided with buyers moving to lower levels of the middle market, a common occurrence amid market uncertainty.

CHC Shifts Biking Accessibility into Higher Gear with Official Handcycle Launch at Taipei Cycle 2024

Retrieved on: 
Tuesday, March 12, 2024
Carbon, Economy, Biophysical environment, Vital signs, Internet of things, BAS, ESG, Industrial technology, Heart rate, Ministry of the economy, Social responsibility, CHC, Safety, Sustainability, Ministry

TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC), a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors. Also during the event, the Center and its partner, the Bicycle Alliance for Sustainability (BAS), joined hands with key players involved in Taiwan's bicycle industry to collectively pledge to take action across several sustainable and socially responsible focus areas.

Key Points: 
  • TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC) , a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors.
  • "We envision a more accessible, inclusive, sustainable, and socially conscious bicycling community worldwide," remarked Chairman Pai of the CHC.
  • "With the launch of the Handcycle and this pledge, we are setting the wheels in motion to realize this vision."
  • CHC will partner with Gomier Manufacturing Co. to bring its Handcycle to customers through manufacturing and sales.

Keystone Capital Closes Oversubscribed Fund III

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Business, Small Business, Other Professional Services, Finance, Asset Management, Food, Kirkland & Ellis, Engineering, Fund, Industrial technology, Insurance

Keystone Capital Management , LP (“Keystone” or the “Firm”), a lower middle market alternative investment manager, is pleased to announce the one and final closing of Keystone Fund III (“Fund III” or the “Fund”) at its hard cap of $630 million in capital commitments.

Key Points: 
  • Keystone Capital Management , LP (“Keystone” or the “Firm”), a lower middle market alternative investment manager, is pleased to announce the one and final closing of Keystone Fund III (“Fund III” or the “Fund”) at its hard cap of $630 million in capital commitments.
  • Fund III was oversubscribed with fundraising completed in four months, and Keystone professionals continuing to represent the largest single investor in the Fund.
  • We raised this fund in just under four months and are proud to have 100% of our Fund II institutional investors return.
  • Kirkland & Ellis LLP provided legal counsel on the fundraise for Fund III, and the Fund was raised without a placement agent.

D.A. Davidson Expands Diversified Industrials Vertical with Two Senior Hires

Retrieved on: 
Thursday, February 15, 2024
Consulting, Banking, Technology, Manufacturing, Professional Services, Other Technology, Other Manufacturing, Textiles, Engineering, Finance, Chemicals, Plastics, Multimedia, Growth, Automation, Equity capital markets, Partner (business rank), Investment banking, Executive officer, Industrial technology, Bank

Davidson has hired Paul Colone and Chris Donegan to expand its Diversified Industrials group to focus on the Specialty Materials and Industrial Automation sectors.

Key Points: 
  • Davidson has hired Paul Colone and Chris Donegan to expand its Diversified Industrials group to focus on the Specialty Materials and Industrial Automation sectors.
  • (Photo: Business Wire)
    “We are excited to continue our methodical expansion of our Diversified Industrials practice,” said Tim Sznewajs, D.A.
  • Davidson Managing Director and Head of Diversified Industrials, Investment Banking.
  • The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.

LG EARNS AI MANAGEMENT SYSTEM CERTIFICATION, CONTINUES TO DRIVE RESPONSIBLE INNOVATION

Retrieved on: 
Thursday, February 15, 2024
Korean, ISO, Acquisition, Certification, Industrial technology, International Organization (journal), Research, KITECH, AIMS, Risk management, Deep learning, AI safety, South Korea, International Electrotechnical Commission, Safety, UL, Risk assessment, Policy, Electronics, LG Electronics, IEC, KSA, LG, Home appliance, Medical device

SEOUL, South Korea, Feb. 15, 2024 /PRNewswire/ -- LG Electronics (LG) has recently achieved a significant milestone by obtaining the AI Management System (AIMS) certification (ISO/IEC 42001) from the Korean Standards Association (KSA).[1] This certification demonstrates LG's commitment to prioritizing data security and embracing responsible AI management practices throughout the entire lifecycle of its AI-powered home appliances.

Key Points: 
  • [1] This certification demonstrates LG's commitment to prioritizing data security and embracing responsible AI management practices throughout the entire lifecycle of its AI-powered home appliances.
  • [2] AIMS certification validates that a company has not only implemented but also maintains and continuously improves an AI Management System, demonstrating a responsible and ethical approach to developing and utilizing AI-based solutions.
  • The stringent assessment criteria of ISO/IEC 42001 cover various aspects, including AI policy formulation, risk assessment, risk management, ethical compliance, regulatory responsiveness and transparency in AI management processes.
  • Additionally, LG obtained AI Safety Certification from the Korea Institute of Industrial Technology (KITECH) for the AI functionalities integrated into the LG WashTower.