Midwestern United States

Seth Coulson, CFA, Joins DoubleLine as Institutional Relationship Manager in Central U.S.

Retrieved on: 
Friday, March 1, 2024

TAMPA, Fla., March 1, 2024 /PRNewswire/ -- Seth Coulson, CFA, has joined DoubleLine Capital as a Relationship Manager for institutional investors and investment consulting firms in the Midwestern United States.

Key Points: 
  • TAMPA, Fla., March 1, 2024 /PRNewswire/ -- Seth Coulson, CFA, has joined DoubleLine Capital as a Relationship Manager for institutional investors and investment consulting firms in the Midwestern United States.
  • Mr. Coulson is based at DoubleLine's Los Angeles offices and reports to Ryan Hart, Director, Institutional, Global Relationship Management.
  • Prior to PIMCO, Mr. Coulson worked at State Street IMS in Irvine, Calif., where he led the allocations process for PIMCO's Agency mortgage-backed securities trades.
  • Mr. Coulson holds a Master of Business Administration, University of Southern California Marshall School of Business, Los Angeles, and a Bachelor of Science in Business Administration, Finance Major/Spanish Minor, University of Wisconsin-La Crosse.

Beer Institute Lauds Introduction of Bill to Prevent Unfair Tariff Charges on Aluminum

Retrieved on: 
Monday, January 29, 2024

Aluminum is the single largest input cost in brewing, and the lack of transparency in aluminum pricing hurts consumers.

Key Points: 
  • Aluminum is the single largest input cost in brewing, and the lack of transparency in aluminum pricing hurts consumers.
  • Imported primary aluminum and cansheet are critical to the U.S. beer industry as more than 74 percent of all beer produced in the United States is packaged in aluminum cans and bottles.
  • In 2020, brewers bought more than 41 billion aluminum cans and bottles, making aluminum the single most significant input cost in American beer manufacturing.
  • For additional updates from the Beer Institute, visit our website and follow us on X , LinkedIn , Facebook and Instagram .

Primient Announces Approved Science Based Targets

Retrieved on: 
Wednesday, January 24, 2024

Primient, a leading producer of food and industrial ingredients made from plant-based, renewable sources, announces approval of near-term science based targets in line with 1.5°C and a goal year of 2030.

Key Points: 
  • Primient, a leading producer of food and industrial ingredients made from plant-based, renewable sources, announces approval of near-term science based targets in line with 1.5°C and a goal year of 2030.
  • The company’s approved targets are aligned with the most ambitious Science Basted Targets initiative (SBTi) trajectory - 1.5°C which carries the additional distinction of being recognized as a partner in the Business Ambition for 1.5°C cohort.
  • Primient’s approved science based targets.
  • Primient is an early mover in the corn wet milling industry in the pursuit of 1.5°C SBT alignment and is among the first round of organizations globally to have an approved FLAG (forest, land, and agriculture) target.

FulcrumAir and PLP Unveil Groundbreaking Robotic Solution for Installing Bird Diverters on Overhead Power Lines

Retrieved on: 
Tuesday, January 16, 2024

FulcrumAir and PLP have partnered to launch the world's most advanced automated robotic system for installing helically-shaped bird diverters on overhead power lines.

Key Points: 
  • FulcrumAir and PLP have partnered to launch the world's most advanced automated robotic system for installing helically-shaped bird diverters on overhead power lines.
  • The Mini LineFly accurately places PLP BIRD-FLIGHT Diverters at predetermined intervals, maximizing the performance to help safeguard wildlife from accidental contact with power lines.
  • The first implementation of robotically installed PLP BIRD-FLIGHT Diverters took place during the recent High Banks Wind Project in Kansas.
  • Alongside the Mini LineFly, FulcrumAir and PLP also recently introduced the CSR-18™ Robot, a state-of-the-art robotic installation system designed for PLP CUSHION-GRIP® Twin Spacers.

PLP AND FULCRUMAIR UNVEIL GROUNDBREAKING ROBOTIC SOLUTION FOR INSTALLING BIRD DIVERTERS ON OVERHEAD POWER LINES

Retrieved on: 
Tuesday, January 16, 2024

CLEVELAND, Jan. 16, 2024 /PRNewswire/ -- PLP and FulcrumAir have partnered to launch the world's most advanced automated robotic system for installing helically-shaped bird diverters on overhead power lines.

Key Points: 
  • CLEVELAND, Jan. 16, 2024 /PRNewswire/ -- PLP and FulcrumAir have partnered to launch the world's most advanced automated robotic system for installing helically-shaped bird diverters on overhead power lines.
  • "We are excited to collaborate with FulcrumAir to launch this newest addition to our expanding lineup of robotic installation solutions," said Ryan Ruhlman, President of PLP.
  • The Mini LineFly accurately places PLP BIRD-FLIGHT Diverters at predetermined intervals, maximizing the performance to help safeguard wildlife from accidental contact with power lines.
  • Alongside the Mini LineFly, PLP and FulcrumAir also recently introduced the CSR-18™ Robot, a state-of-the-art robotic installation system designed for PLP CUSHION-GRIP® Twin Spacers.

New Research Shows Tariffs on Aluminum Have Cost the U.S. Beverage Industry Nearly $2.2 Billion

Retrieved on: 
Tuesday, December 5, 2023

In the nearly six years since Section 232 tariffs on aluminum were imposed, the American beverage industry has paid more than $2.175 billion in unnecessary fees.

Key Points: 
  • In the nearly six years since Section 232 tariffs on aluminum were imposed, the American beverage industry has paid more than $2.175 billion in unnecessary fees.
  • The research conducted by HARBOR Aluminum on behalf of the Beer Institute found that the U.S. beverage industry paid $2.175 billion in Section 232 tariffs on 10.295 million metric tons of aluminum since their implementation.
  • “After almost six years, the American beverage industry has paid nearly $2.2 billion in unnecessary fees since Section 232 tariffs on aluminum were implemented,” said Brian Crawford, president and CEO of the Beer Institute.
  • In 2020, brewers bought more than 41 billion aluminum cans and bottles, making aluminum the single most significant input cost in American beer manufacturing.

Beer Institute Launches MidwestPremiumExposed.org to Shine a Light on Shady Aluminum Pricing

Retrieved on: 
Monday, November 20, 2023

The MWP is a dubious pricing system that allows aluminum producers to charge end-users a tariff on non-tariffed metal.

Key Points: 
  • The MWP is a dubious pricing system that allows aluminum producers to charge end-users a tariff on non-tariffed metal.
  • Aluminum producers are able to engage in this questionable behavior because there is currently no regulatory body overseeing the usage of the MWP.
  • “The Midwest Premium has evolved into a black box that artificially drives up the price of aluminum for end-users, including the maker of your favorite beer," said Brian Crawford, president and CEO of the Beer Institute.
  • For additional updates from the Beer Institute, visit our website , follow @BeerInstitute on Twitter, like the Beer Institute on Facebook , and follow the Beer Institute on Instagram .

The JF Petroleum Group Acquires Buckeye Oil Equipment & Reliable Construction Services (MIBA, LLC)

Retrieved on: 
Tuesday, December 19, 2023

The JF Petroleum Group (“JF”), a leading provider of fueling system solutions, including equipment distribution, maintenance & repair, installation & construction, and general contracting services across North America, announced today that it has acquired Buckeye Oil Equipment and Reliable Construction Services.

Key Points: 
  • The JF Petroleum Group (“JF”), a leading provider of fueling system solutions, including equipment distribution, maintenance & repair, installation & construction, and general contracting services across North America, announced today that it has acquired Buckeye Oil Equipment and Reliable Construction Services.
  • Buckeye Oil Equipment and Reliable Construction Services are premier Midwestern U.S. general contracting, petroleum services and construction companies, headquartered in Dayton, Ohio.
  • Keith Shadrick, CEO of The JF Petroleum Group, stated, “Reliable Construction Services and Buckeye Oil Equipment are two of the most respected companies serving the petroleum equipment and convenience store industries in the Midwestern United States.
  • We are proud to welcome the employees of Buckeye Oil Equipment and Reliable Construction Services to the JF family.”
    Ray Eiser and Mike Badgley, the former owners of Buckey Oil Equipment and Reliable Construction Services, expressed their appreciation for their team’s consistent high-quality performance and reputation for excellence.

Dobbs Tire & Auto Centers Receives Growth Investment from Audax Private Equity

Retrieved on: 
Monday, December 18, 2023

Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Dobbs Tire & Auto Centers, Inc. (“Dobbs”), a leading tire retailer and automotive aftermarket service company with a strong presence in the Midwestern United States.

Key Points: 
  • Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Dobbs Tire & Auto Centers, Inc. (“Dobbs”), a leading tire retailer and automotive aftermarket service company with a strong presence in the Midwestern United States.
  • “Given our history in auto aftermarket and consumer services, we have been pursuing a thesis in the auto services segment for some time,” noted Jason Ellis, a Managing Director at Audax.
  • Capstone Partners acted as financial advisor to Dobbs on the transaction, while Stifel acted as financial advisor to Audax.
  • Nelson Mullins served as legal counsel to Dobbs, while Gibson, Dunn & Crutcher and Goulston & Storrs served in the same capacity to Audax.

Wisper Covers 600,000 Midwest Locations (and Counting) with Tarana-Powered, Fiber-Class Internet

Retrieved on: 
Wednesday, December 13, 2023

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Of the more than 200 operators in 21 countries that have now embraced Tarana ngFWA, Wisper was the first US service provider to adopt the technology in 2021.
  • Since then, the team has significantly ramped deployment, now delivering reliable, high-speed internet from 310 Tarana-equipped towers, with plans to install on an additional 180 towers in 2024.
  • Not only has Tarana changed the game for Wisper and hundreds of service providers globally, but also for end-users on upgraded ngFWA networks.
  • It’s very rewarding to see them and their subscribers realize the many benefits that this new generation of wireless broadband technology enables.”