NEW BEDFORD

Chapman Construction Group Awarded and Underway with Installation of 800MW Vineyard Wind 1 Project's Electrical Service Platform

Retrieved on: 
Thursday, March 14, 2024

SANDWICH, Mass., March 14, 2024 /PRNewswire/ -- Chapman Construction Group, Inc. (CCGI), based in Sandwich, MA, has been awarded and is underway with construction operations associated with the completion of offshore construction, installation and commissioning of the 800MW Vineyard Wind 1 project's electrical service platform (ESP). The wind farm will be located approximately 14 miles southeast of Martha's Vineyard and 35 miles off the Cape Cod peninsula. CCGI is working as a labor consultant and subcontractor with Tier 1 EPCI contractors Semco Maritime and Bladt Industries in the construction of the substation. The electrical service platform will provide electrical power generated from the Vineyard Wind project, which will be comprised of an array of 62 wind turbine generators to be installed on monopiles in water depths ranging from 121 to 181 feet in the Atlantic Ocean.

Key Points: 
  • The electrical service platform will provide electrical power generated from the Vineyard Wind project, which will be comprised of an array of 62 wind turbine generators to be installed on monopiles in water depths ranging from 121 to 181 feet in the Atlantic Ocean.
  • The wind energy project's 3,200-ton electrical service platform was transported via ship to the offshore Vineyard Wind 1 site from Denmark, where the headquarters of EPC partners Semco Maritime and Bladt Industries are located.
  • With an 800MW capacity, Vineyard Wind 1 is expected to meet the electrical demands of more than 400,000 homes and businesses in Massachusetts.
  • Chapman Construction Group, Inc. is a WBE, DBE, and Veteran-owned electrical contracting and general contracting company based in Sandwich, Massachusetts.

Focused Compounding Nominates Jacob McDonough (The Guy Who LITERALLY Wrote the Book on Capital Allocation) For Parks! America’s June 6th Annual Meeting

Retrieved on: 
Monday, January 29, 2024

DALLAS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Focused Compounding is pleased to announce the nomination of Jacob McDonough to their board slate for Parks! America’s June 6th annual meeting. Mr. McDonough earned a Bachelor of Arts in Finance from Michigan State University and is the Founder and Portfolio Manager of McDonough Investments, a capital management firm that manages capital for clients as a registered investment adviser. He is the author of “Capital Allocation: The Financials of a New England Textile Mill (1955-1985),” a book that covers Warren Buffett’s capital reallocation from a failing textile mill to other profitable companies during the early days of his control over Berkshire Hathaway. We believe that Mr. McDonough’s experience in capital management and capital reallocation will allow him to maximize shareholder value as a director.

Key Points: 
  • We believe that Mr. McDonough’s experience in capital management and capital reallocation will allow him to maximize shareholder value as a director.
  • America’s situation today is a lot like the one Buffett faced when he first assumed capital allocation duties at Berkshire.
  • This extreme underestimate of the Missouri park’s true cost does not include interest on borrowed money or reflect opportunity costs.
  • Jacob McDonough: After Warren Buffett took over Berkshire Hathaway in 1965, the company was able to substantially reduce overhead costs.

Avangrid, Vineyard Offshore, Nearly Double Union Hiring Target For Vineyard Wind 1

Retrieved on: 
Friday, December 15, 2023

“Massachusetts is once again demonstrating its clean energy leadership with the nearly 1,000 union jobs created by the historic Vineyard Wind 1 project,” said Senator Ed Markey.

Key Points: 
  • “Massachusetts is once again demonstrating its clean energy leadership with the nearly 1,000 union jobs created by the historic Vineyard Wind 1 project,” said Senator Ed Markey.
  • We need to maintain this momentum.”
    “I am grateful that Vineyard Wind delivered on its commitment to creating high quality union jobs in Massachusetts,” said Representative Christopher Markey.
  • From the outset of this project, Vineyard Wind recognized the importance of building and supporting a workforce of local, highly skilled and diverse tradespeople.
  • Vineyard Wind began offshore construction in late 2022, achieved steel-in-the-water in June, and completed the nation’s first offshore substation in July.

Stop & Shop Teams Up with American Cancer Society for the 15th Year to Fight Breast Cancer

Retrieved on: 
Wednesday, October 4, 2023

This year, Stop & Shop is again joining the American Cancer Society’s movement to celebrate breast cancer survivors and thrivers and help end breast cancer as we know it.

Key Points: 
  • This year, Stop & Shop is again joining the American Cancer Society’s movement to celebrate breast cancer survivors and thrivers and help end breast cancer as we know it.
  • Mary fought her battle with cancer prior to joining Stop & Shop and now advocates for breast cancer research as a survivor.
  • “Stop & Shop is proud to join the American Cancer Society for the fifteenth year to continue supporting the important work the organization does in the fight against breast cancer,” says Jennifer Barr, Director of External Communications and Community Relations for Stop & Shop.
  • Thanks to partners like Stop & Shop, a breast cancer diagnosis does not come without hope, and the breast cancer journey is not one that is traveled alone.

AWH ANNOUNCES Q2 2023 FINANCIAL RESULTS

Retrieved on: 
Tuesday, August 8, 2023

Achieved $123.0M Net Revenue in Q2 2023, a 26.1% Increase Year-Over-Year and 7.7% Increase Quarter-Over-Quarter

Key Points: 
  • Achieved $123.0M Net Revenue in Q2 2023, a 26.1% Increase Year-Over-Year and 7.7% Increase Quarter-Over-Quarter
    NEW YORK, Aug. 8, 2023 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company" or "Ascend") (CSE: AAWH.U) (OTCQX:AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the three months ending June 30, 2023 ("Q2 2023").
  • Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.
  • Net income of $0.8 million during the quarter represented an improvement compared to a net loss of $21.2 million in Q2 2022 and $18.5 million in Q1 2023.
  • ET to discuss its financial results for the quarter ended June 30, 2023.

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS

Retrieved on: 
Tuesday, March 14, 2023

Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.

Key Points: 
  • Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.
  • Abner Kurtin, Executive Chair of AWH said, "We are thrilled to report record-breaking results for fiscal year 2022.
  • Net loss attributable to AWH for Q4 2022 was $15.1 million during the quarter compared to $16.9 million in the prior quarter, representing a $1.8 million sequential improvement.
  • ET to discuss its financial results for the quarter and full year ended December 31, 2022.

  Massachusetts Senior Softball Team Wins 65 AAA Tournament at the 2022 SSUSA World Championship

Retrieved on: 
Wednesday, October 12, 2022

Deep Purple, a team of 14 senior softball players from three leagues across Eastern Massachusetts, won the 65 AAA tournament at the 2022 Senior Softball USA (SSUSA) World Championships held in Las Vegas in September.

Key Points: 
  • Deep Purple, a team of 14 senior softball players from three leagues across Eastern Massachusetts, won the 65 AAA tournament at the 2022 Senior Softball USA (SSUSA) World Championships held in Las Vegas in September.
  • The Deep Purple players come from a close-knit community of softball-loving seniors who enjoy competing in three New England leagues: Eastern Massachusetts Senior Softball ( EMASS ) with 450 players, Rhode Island Senior Softball League ( RISSL ) with 200 players, and Cape Cod Senior Softball League ( CCSSL ) with 300 players.
  • Unlike the mostly western teams in the Las Vegas tournament, eastern teams have only half a year to play outdoors.
  • When a senior softball team wins a highly competitive tournament, you will hear every player tell you how much fun it was to win.

First Offshore Wind Workers in the World certified with Virtual Reality in New Bedford

Retrieved on: 
Tuesday, July 19, 2022

NEW BEDFORD, Mass., July 19, 2022 /PRNewswire/ -- VinciVR (Vinci), in partnership with Siemens Gamesa Renewable Energy (SGRE), has certified 12 union workers from Massachusetts hailing from IBEW, MillWrights, Iron Workers, and Piledrivers with Virtual Reality (VR) at the New Bedford Commerce Terminal. These courses are part of the Global Wind Organization (GWO) curriculum; GWO is an international certification body and their certified training is required for wind energy workers.

Key Points: 
  • These courses are part of the Global Wind Organization (GWO) curriculum; GWO is an international certification body and their certified training is required for wind energy workers.
  • First Offshore Wind Workers in the World trained and certified with Virtual Reality.
  • About SGRE:30 years ago, SGRE became a pioneer in offshore wind when they installed the world's first offshore wind power project, Vindeby, in 1991.
  • As the global market leader in offshore wind, SGRE is fully committed to being part of the solution.

First Offshore Wind Workers in the World certified with Virtual Reality in New Bedford

Retrieved on: 
Tuesday, July 19, 2022

NEW BEDFORD, Mass., July 19, 2022 /PRNewswire/ -- VinciVR (Vinci), in partnership with Siemens Gamesa Renewable Energy (SGRE), has certified 12 union workers from Massachusetts hailing from IBEW, MillWrights, Iron Workers, and Piledrivers with Virtual Reality (VR) at the New Bedford Commerce Terminal. These courses are part of the Global Wind Organization (GWO) curriculum; GWO is an international certification body and their certified training is required for wind energy workers.

Key Points: 
  • These courses are part of the Global Wind Organization (GWO) curriculum; GWO is an international certification body and their certified training is required for wind energy workers.
  • The simulations made courses deployable to job sites like New Bedford while cutting substantial costs and enabling realistic training.
  • About SGRE:30 years ago, SGRE became a pioneer in offshore wind when they installed the world's first offshore wind power project, Vindeby, in 1991.
  • As the global market leader in offshore wind, SGRE is fully committed to being part of the solution.

Tonix Pharmaceuticals Announces Ribbon-Cutting Ceremony for its Advanced Development Center (ADC) for Vaccine Programs in Massachusetts

Retrieved on: 
Thursday, June 16, 2022

CHATHAM, N.J., June 16, 2022 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced it will hold a ribbon-cutting ceremony at the Company’s 45,000 square foot clinical-scale manufacturing facility in the New Bedford Business Park in North Dartmouth, Massachusetts on June 21, 2022 at 1:00 pm ET. The new facility houses Tonix’s Advanced Development Center (ADC) for accelerated research, development and analytical capabilities, as well as the production of clinical trial quality vaccines for infectious diseases, including monkeypox, smallpox and COVID-19 as well as other infectious diseases for pandemic preparedness. The ceremony marks the formal opening of the New Bedford site.

Key Points: 
  • At full capacity, the facility can employ up to 70 researchers, scientists, manufacturing and technical support staff.
  • The addition of Tonix Pharmaceuticals to the growing biotech community in Greater New Bedford is a strong indicator of the quality of the regions workforce.
  • With high quality people, systems and processes, we intend to be a center of excellence for vaccine development.
  • As with any pharmaceutical under development, there are significant risks in the development, regulatory approval and commercialization of new products.