United States Department of Commerce

ESS Tech, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023

ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) ( NYSE: GWH ), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) ( NYSE: GWH ), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced financial results for its third quarter ended September 30, 2023.
  • On August 29, 2023, ESS announced the appointment of Harry Quarls to its Board of Directors as Chairman.
  • Harry Quarls has over four decades of energy experience and brings considerable strategic, financial, transactional, and energy investing experience to ESS.
  • ESS will hold a webcast conference call on Tuesday, November 7, 2023 at 5:00 p.m. EST to discuss financial results for its third quarter 2023 ended September 30, 2023.

U.S. Supreme Court Agrees to Hear NCLA Case Against ATF’s Unilateral Bump-Stock Ban

Retrieved on: 
Friday, November 3, 2023

Today, the Court granted the government’s request for a writ of certiorari in NCLA’s challenge to the Bureau of Alcohol, Tobacco, Firearms and Explosives’ unilateral bump-stock ban.

Key Points: 
  • Today, the Court granted the government’s request for a writ of certiorari in NCLA’s challenge to the Bureau of Alcohol, Tobacco, Firearms and Explosives’ unilateral bump-stock ban.
  • Garland v. Cargill will be NCLA’s fourth case argued before the U.S. Supreme Court in under 2 years.
  • As these cases show, we will fight all the way to the Supreme Court to protect civil liberties from federal agencies’ attacks.
  • We are confident the U.S. Supreme Court will right this wrong for Michael Cargill and all Americans.”

Rhode Island Set to Welcome 300+ Businesses and 35+ Economic Development Agencies as State Plays Host to 2023 Go Global Awards

Retrieved on: 
Monday, October 30, 2023

Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week’s 2023 Go Global Awards .

Key Points: 
  • Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week’s 2023 Go Global Awards .
  • “The purpose of this annual event is to encourage international partnerships that lead to creating jobs and economic opportunities.
  • "The Go Global Awards stand as a catalyst, bringing together government and enterprises with global trade, procurement, and foreign direct investment ambitions.
  • The State of Rhode Island, our gracious host this year, offers an exceptional backdrop for this convergence," noted Ranjani Rangan, Chairperson of the International Trade Council.

The Coalition of Domestic Folder Manufacturers Obtains Affirmative ITC Determination on Imports from China, India, and Vietnam

Retrieved on: 
Tuesday, October 31, 2023

WASHINGTON, Oct. 31, 2023 /PRNewswire/ -- The U.S. International Trade Commission voted unanimously that imports into the United States of paper file folders from China, India, and Vietnam are injuring domestic file folder manufacturers.

Key Points: 
  • WASHINGTON, Oct. 31, 2023 /PRNewswire/ -- The U.S. International Trade Commission voted unanimously that imports into the United States of paper file folders from China, India, and Vietnam are injuring domestic file folder manufacturers.
  • The paper file folders at issue include manila, hanging fastener, classification, and expanding folders, as well as filing pockets, filing jackets, and filing wallets.
  • The Coalition of Domestic Folder Manufacturers (the "Coalition") is pleased with the final determinations by the Commission and Commerce Department.
  • The importation of subject paper file folders without the payment of countervailing and antidumping duties may result in severe civil or criminal penalties, including imprisonment.

Texas new home sales decline, yet market remains “strong and steady”

Retrieved on: 
Tuesday, October 24, 2023

"The Texas new home market remains strong and steady," said Ben Caballero, America's No.

Key Points: 
  • "The Texas new home market remains strong and steady," said Ben Caballero, America's No.
  • In Texas' top four markets, last month's 3-month moving average new home price was $458,814 versus $460,060 in August.
  • According to the HomesUSA.com New Home Sales Index, the pace of new home sales peaked in three of the four major markets where Days on Market improved.
  • The report features 3-month and 12-month moving averages for six essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings.

Post U.S. Export Controls, New Research Highlights the Escalating Importance and Growth of GaN Semiconductor Devices

Retrieved on: 
Tuesday, October 24, 2023

This comprehensive study delves into the escalating importance of GaN semiconductor devices and their potential implications for business entrepreneurs and managers.

Key Points: 
  • This comprehensive study delves into the escalating importance of GaN semiconductor devices and their potential implications for business entrepreneurs and managers.
  • A host of factors contribute to this robust growth, including the burgeoning adoption of GaN semiconductor devices across consumer and business enterprises.
  • In light of the recent BIS export controls and the ever-evolving semiconductor landscape, understanding the GaN semiconductor device market becomes paramount for informed decision-making.
  • For a deeper dive into the GaN Semiconductor Device Market and to explore the myriad opportunities it presents, visit https://www.researchandmarkets.com/r/o6omry

American Producers of Aluminum Extrusions File Trade Petitions to Combat Illegal and Unfair Dumping and Subsidies from 15 Countries, Wiley Rein LLP Reports

Retrieved on: 
Wednesday, October 4, 2023

The petitions demonstrate that aluminum extrusions producers in these countries are selling extrusions in the United States at less than fair value – dumped at rates up to 256% and distorting the U.S. market.

Key Points: 
  • The petitions demonstrate that aluminum extrusions producers in these countries are selling extrusions in the United States at less than fair value – dumped at rates up to 256% and distorting the U.S. market.
  • "For years, American extruders and workers have lost huge amounts of sales to unfairly traded, dumped and subsidized imports of aluminum extrusions," said Jeff Henderson, President of the Aluminum Extruders Council .
  • The petitions were filed concurrently with the U.S. Department of Commerce and the U.S. International Trade Commission (USITC).
  • "We urge Commerce and the USITC to thoroughly investigate these unfair trade practices and effectively apply the trade laws to dumped and subsidized aluminum extrusions from the 15 countries subject to the petitions."

Harvest of OH Files Explosive Response to Trulieve Lawsuit

Retrieved on: 
Wednesday, September 27, 2023

CLEVELAND, Sept. 27, 2023 /PRNewswire/ -- Harvest of OH (The Harvest of Ohio companies) has filed an explosive response to the recent allegations of loan default by Florida based Trulieve Inc. and its subsidiaries. The response alleges that Trulieve Inc., and its wholly owned subsidiary, Harvest Health and Recreation ("HHR"), and various controlled shell companies and individuals, (collectively "Trulieve  Entities"), acted as an unlawful enterprise to meticulously implement a hostile takeover of Harvest of OH, a vertically integrated, Black and woman owned medical cannabis business based in Ohio that has been serving the local patient population for years. Trulieve Entities promised to support Harvest of OH, as a local, Black, woman-owned cannabis company by providing "operational expertise" and "market rate funding." Instead, Trulieve Entities engaged in countless predatory practices designed to obstruct operations in an attempt to fully take over the Ohio business.

Key Points: 
  • CLEVELAND, Sept. 27, 2023 /PRNewswire/ -- Harvest of OH (The Harvest of Ohio companies) has filed an explosive response to the recent allegations of loan default by Florida based Trulieve Inc. and its subsidiaries.
  • Trulieve Entities promised to support Harvest of OH, as a local, Black, woman-owned cannabis company by providing "operational expertise" and "market rate funding."
  • Once Trulieve was granted an Ohio license, it unilaterally and abruptly broke negotiations with Harvest of OH and filed its baseless lawsuit.
  • Harvest of OH is confident these elaborate machinations will be uncovered, and the Trulieve Entities will be held accountable in a court of law.

Texas new home market is “finding its footing” as sales peak

Retrieved on: 
Thursday, September 21, 2023

“Considering the interest rate headwinds and market seasonality, Texas’ new home market is finding its footing,” said Caballero.

Key Points: 
  • “Considering the interest rate headwinds and market seasonality, Texas’ new home market is finding its footing,” said Caballero.
  • “By every measure – Days on Market, sales activity and average prices – new homes numbers are stabilizing yet remain impressive,” he added.
  • According to the HomesUSA.com New Home Sales Index, the pace of new home sales picked up in San Antonio, Houston and slightly in Austin as Days on Market improved.
  • The report features 3-month and 12-month moving averages for six essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings.

Calix Continues 24-Year Leadership in US Rural Broadband by Expanding Strategy To Include American Manufacturing, Ensuring Full Participation in the Broadband Equity, Access, and Deployment (BEAD) Program

Retrieved on: 
Friday, September 22, 2023

Calix was joined by government leaders United States Assistant Secretary of Commerce Alan Davidson and Michigan Lieutenant Governor Garlin Gilchrist.

Key Points: 
  • Calix was joined by government leaders United States Assistant Secretary of Commerce Alan Davidson and Michigan Lieutenant Governor Garlin Gilchrist.
  • View the full release here: https://www.businesswire.com/news/home/20230922755256/en/
    Director of the Office of Minority Broadband Initiatives at NTIA, Dr. Jon Gant; Calix Chairman Carl Russo; Lt.
  • c/o Jabil
    Calix was founded in the United States (US) 24 years ago with an exclusive focus on enabling rural broadband service providers (BSPs).
  • Once the NTIA issues final guidance on BABA, Calix will share additional details of its programs with industry associations and customers.