Midwestern United States

NodeKit Raises a $1.2M Pre-Seed Round led by Borderless Capital to Build a Shared Sequencer L1

Retrieved on: 
Wednesday, December 13, 2023

AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit, the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round. The round was led by Borderless Capital with participation from Avalanche's Blizzard Fund, Polygon Ventures, Wormhole Cross-Chain Ecosystem Fund, and many angels (including key angel investors such as Avail's Anurag Arjun and BENQI's @hn_avax). The team is using the funding to help decentralize the next generation of rollups powered by SEQ.

Key Points: 
  • NodeKit's SEQ is a shared sequencer L1 designed to give a wide range of rollups more robustness, performance, uptime, and interoperability.
  • AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit , the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round.
  • "Rollups desire a cost-effective, lightning-fast, decentralized sequencer to improve the quality of their users' experience.
  • Through SEQ, NodeKit introduces atomic composability and shared sequencing to the leading protocols bringing economic efficiency and true decentralization for cross-chain modularity."

The first robotics plant dedicated to agriculture to begin production in the American Midwest

Retrieved on: 
Tuesday, December 12, 2023

WEST LAFAYETTE, Ind., Dec. 12, 2023 /PRNewswire/ -- Solinftec, a global leader in artificial intelligence solutions and sustainable agricultural practices, strengthened its partnership with WHIN and expanded its manufacturing capacity in the United States through collaboration with Still Waters Manufacturing. The production of the Solix robot in the WHIN region of Indiana strengthens Solinftec's presence in the United States from the last quarter.

Key Points: 
  • The production of the Solix robot in the WHIN region of Indiana strengthens Solinftec's presence in the United States from the last quarter.
  • The collaboration and efforts of the companies will make robotic technology more accessible to American producers, leading to a significant reduction in herbicide use and promoting sustainable agriculture.
  • "This will be the first agricultural robotics factory in the American Midwest," added the CEO of Still Waters Manufacturing.
  • The key differentiator is that, through the collaboration of the three companies, the solutions will be adapted to the reality of the American Midwest.

Russel Metals to Acquire Seven Service Centers in Western Canada and the US NE from Samuel, Son & Co., Limited

Retrieved on: 
Monday, December 4, 2023

Russel will acquire Samuel's metals service centers in Winnipeg (Manitoba), Calgary (Alberta), Nisku (Alberta), Langley (BC), Surrey (BC), Buffalo (New York) and Pittsburgh (Pennsylvania).

Key Points: 
  • Russel will acquire Samuel's metals service centers in Winnipeg (Manitoba), Calgary (Alberta), Nisku (Alberta), Langley (BC), Surrey (BC), Buffalo (New York) and Pittsburgh (Pennsylvania).
  • Samuel will retain its location in Delta (BC) and conduct an orderly shut-down of that facility.
  • For the year ended December 31, 2022, the seven service centers that are part of the transaction generated revenues and adjusted EBITDA1 of $704 million and $33 million, respectively.
  • For the nine months ended September 30, 2023, the business generated revenues and adjusted EBITDA1 of $457 million and $19 million, respectively.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Monday, December 4, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Monday, December 4, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Sunday, December 3, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Sunday, December 3, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.

CoinFlip Ranks No. 17 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 15, 2023

CHICAGO, Nov. 15, 2023 /PRNewswire/ -- Today, CoinFlip, a leading fintech company powered by cryptocurrency announces it ranked No. 17 on the Deloitte Technology Fast 500™, an esteemed recognition of the top 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. CoinFlip's 2022 growth of 10,991% landed the company additional recognition as the Deloitte Technology Fast 500™ No. 1 fastest growing fintech company in the Midwest, No. 3 on a national scale.

Key Points: 
  • 17 on the Deloitte Technology Fast 500 ™, an esteemed recognition of the top 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
  • CoinFlip's 2022 growth of 10,991% landed the company additional recognition as the Deloitte Technology Fast 500™ No.
  • "We are honored to be featured on the prestigious Deloitte Fast 500 list for a second time.
  • 36 as a Technology Fast 500 award winner in 2022 and continues to showcase growth in both revenue and footprint.

Morreale Bolsters Executive Team by Adding Media, PR and Transportation Veterans to its Award-Winning Team

Retrieved on: 
Tuesday, November 14, 2023

"Further, our new organizational enhancements emphasize cross-functional collaboration and will provide meaningful mentorship and training opportunities for our growing team."

Key Points: 
  • "Further, our new organizational enhancements emphasize cross-functional collaboration and will provide meaningful mentorship and training opportunities for our growing team."
  • The firm maintains Women Business Enterprise (WBE), Business Enterprise Program (BEP) and Women's Business Enterprise National Council (WBENC) certifications.
  • In this capacity, Rose will oversee strategic and crisis communications, media relations and business development for Morreale and its clients.
  • "I look forward to leveraging my 20 years of experience working as a public affairs and transportation executive to lead our talented and committed transportation and infrastructure team at Morreale," Abrams said.

CN Announces New Intermodal Service to Port of Gulfport

Retrieved on: 
Wednesday, November 8, 2023

MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it signed a memorandum of understanding (MOU) with the Mississippi State Port Authority at Gulfport and Ports America establishing a new intermodal service.

Key Points: 
  • MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it signed a memorandum of understanding (MOU) with the Mississippi State Port Authority at Gulfport and Ports America establishing a new intermodal service.
  • “We are proud to be partnering with the Mississippi State Port Authority at Gulfport and Ports America to launch this new service.
  • This represents a significant step forward in our commitment to delivering world-class service to our customers and creating value for our stakeholders.
  • This will further enable us to leverage our strategic advantages here at the Port of Gulfport.