Operation

EQS-News: Fiscal year 2023: RENK Group AG continues profitable growth trajectory

Retrieved on: 
Wednesday, April 10, 2024

EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).

Key Points: 
  • EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).
  • "The strong order intake and revenue growth of our segments over the past fiscal year reflect the high demand for our products and technological solutions", explained Susanne Wiegand, CEO of RENK Group AG.
  • For fiscal year 2024, RENK Group AG is expecting growth to continue and is confirming its financial forecast.
  • The successful stock exchange listing of RENK Group AG on February 7, 2024 laid the groundwork for further international growth.

Raychem RPG achieves significant milestone to facilitate faster execution in electricity distribution projects with its 'Make India' initiative

Retrieved on: 
Tuesday, March 19, 2024

NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.

Key Points: 
  • NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.
  • Raychem RPG is the imprint of a successful Indo-US bilateral relationship that has lasted for nearly four decades, the longest of its kind.
  • This marks a significant milestone and achievement, catapulting Raychem RPG to unprecedented heights within the EHVCA product portfolio.
  • Raychem RPG is the only organisation among its peers to have received the PQ test report following a rigorous process that took over a year to complete.

Premier Manufacturing celebrates 100th anniversary

Retrieved on: 
Tuesday, April 9, 2024

TUALATIN, Ore., April 09, 2024 (GLOBE NEWSWIRE) -- Founder Dewey Weiss was one of the first entrepreneurs to produce a pintle-style coupling for semi-trucks and trailers, and 100 years after he founded Premier Manufacturing , the brand, now part of High Bar Brands , is celebrating its centennial anniversary.

Key Points: 
  • TUALATIN, Ore., April 09, 2024 (GLOBE NEWSWIRE) -- Founder Dewey Weiss was one of the first entrepreneurs to produce a pintle-style coupling for semi-trucks and trailers, and 100 years after he founded Premier Manufacturing , the brand, now part of High Bar Brands , is celebrating its centennial anniversary.
  • Premier Manufacturing has grown from a small business in Portland to its current location in Tualatin, where it produces couplings, drawbar eyes, dolly jacks, hinge assemblies, and front-end assemblies.
  • Premier Manufacturing has long focused on innovation, evidenced by nearly 50 mechanical patents granted during its first 100 years in business.
  • “Some of the most reputable fleets in North America have specified Premier Manufacturing’s components for decades, and our consistent product quality and exceptional customer service have earned this trust.”

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Bierman Autism Centers Unveils 'Adventures of Pilot the Penguin,' Educational Coloring Book, in Honor of Autism Acceptance Month

Retrieved on: 
Tuesday, April 2, 2024

This initiative highlights BAC's dedication to fostering understanding, igniting young imaginations, and actively engaging with families and communities about autism.

Key Points: 
  • This initiative highlights BAC's dedication to fostering understanding, igniting young imaginations, and actively engaging with families and communities about autism.
  • In celebration of Occupational Therapy Month, "Adventures of Pilot the Penguin" serves as a valuable resource for Occupational Therapists (OTs) at Bierman.
  • Our goal with this coloring book is to spark joy, foster educational discussions, and illuminate the incredible potential within children with autism."
  • “Adventures of Pilot the Penguin” represents more than just a coloring book; it embodies BAC's unwavering belief in the boundless potential of every child with autism.

Sunshine Minting, Inc. Adds Key Industry Expert to Management Team, Dr. Michael H. Gradwell

Retrieved on: 
Tuesday, April 2, 2024

Dr. Gradwell brings extensive experience in manufacturing and quality systems including possessing a Ph.D. in Physical Polymer chemistry and an MBA in Marketing and Leadership.

Key Points: 
  • Dr. Gradwell brings extensive experience in manufacturing and quality systems including possessing a Ph.D. in Physical Polymer chemistry and an MBA in Marketing and Leadership.
  • Tom Power, CEO of Sunshine Minting, Inc., had the following comment regarding Dr. Gradwell, “The addition of Dr. Gradwell brings a new level of technical depth and manufacturing expertise to our leadership team.
  • Mike possesses a deep understanding of manufacturing and quality systems, which will be the key to our continued growth as a company.
  • I am looking forward to welcoming Dr. Gradwell to our Team and introducing him to our Customers!”

Marigold™ Appoints Mike Gordon as Chief Executive Officer

Retrieved on: 
Tuesday, April 2, 2024

NASHVILLE, Tenn., April 02, 2024 (GLOBE NEWSWIRE) -- Marigold , a global martech leader focused on delivering relationship marketing solutions that help brands and organizations acquire, grow and retain customers, today announced that Mike Gordon has been named the new Chief Executive Officer as part of the next phase of growth and expansion for the organization.

Key Points: 
  • NASHVILLE, Tenn., April 02, 2024 (GLOBE NEWSWIRE) -- Marigold , a global martech leader focused on delivering relationship marketing solutions that help brands and organizations acquire, grow and retain customers, today announced that Mike Gordon has been named the new Chief Executive Officer as part of the next phase of growth and expansion for the organization.
  • Poised for an exciting new chapter under the leadership of Mike Gordon, Marigold looks forward to continued growth, innovation and success in the dynamic martech industry.
  • Gordon is a seasoned technology executive with a proven track record and over 20 years of experience in driving innovation and growth in dynamic and competitive markets.
  • “We are delighted to welcome Mike Gordon who comes to Marigold with a proven track record of value creation across both public and private technology businesses at scale.

Acutus Medical Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

CARLSBAD, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB) today reported results for the fourth quarter and full year ended December 31,2023.

Key Points: 
  • CARLSBAD, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB) today reported results for the fourth quarter and full year ended December 31,2023.
  • Announced strategic realignment of resources and corporate restructuring on November 8, 2023 with the objective of optimizing financial position and maximizing free cash flow.
  • Fourth quarter revenue from Continuing Operations of $2.4 million grew 118% year-over-year, from $1.1 million in the year ago fourth quarter.
  • Revenue from Continuing Operations was $2.4 million for the fourth quarter of 2023, an increase of 118% compared to $1.1 million for the fourth quarter of 2022.

Compass Pathways Board Chair and Co-Founder George Goldsmith and Co-Founder Ekaterina Malievskaia Step Down from Board of Directors

Retrieved on: 
Thursday, March 28, 2024

David Norton, lead independent director on the Compass board of directors, will become interim chair.

Key Points: 
  • David Norton, lead independent director on the Compass board of directors, will become interim chair.
  • Compass is running a global search for a permanent board chair, focused on recruiting a leader with a strong background in the biotechnology sector and broad strategic experience across the product lifecycle.
  • “When we started Compass eight years ago, we could not have imagined how the company would grow and mature,” said George Goldsmith, outgoing board chair of Compass Pathways.
  • He has been a member of the Compass board of directors since 2018, serving as lead independent director.

American Lithium Strengthens Team and Launches Major ESG Initiative in Peru

Retrieved on: 
Tuesday, March 26, 2024

He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013).

Key Points: 
  • He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013).
  • Additionally, the Company has commenced a major technical / social initiative on the Macusani Plateau.
  • “We are delighted to welcome Augusto to the American Lithium team,” stated Simon Clarke, American Lithium CEO.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.