Energy Star

LG EXPANDS RELATIONSHIP WITH 'WASH' FOR COMMERCIAL LAUNDRY SERVICES IN NORTH AMERICA

Retrieved on: 
Wednesday, February 7, 2024

ENGLEWOOD CLIFFS, N.J., Feb. 7, 2024 /PRNewswire/ -- Commercial laundry technology leader LG Electronics has expanded its relationship with WASH, one of the largest laundry route businesses in North America. The new agreement enables LG to increase its position in the fast-expanding market for commercial laundry solutions for multi-family housing and university dormitories while bringing end-users the convenience and performance of LG's energy-efficient washers and dryers.

Key Points: 
  • ENGLEWOOD CLIFFS, N.J., Feb. 7, 2024 /PRNewswire/ -- Commercial laundry technology leader LG Electronics has expanded its relationship with WASH, one of the largest laundry route businesses in North America.
  • WASH is a leading B2B laundry service provider, supplying and managing laundry solutions for multi-family properties across the United States and Canada.
  • Together, LG and WASH anticipate satisfying the growing demand for communal laundry facilities in busy housing and campus environments across North America.
  • According to LG's internal test, LG commercial washing machine has achieved the noise level below 57dB, testing with 3.9kg of IEC towel load.

Parade Technologies Reports Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024

Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.

Key Points: 
  • Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.
  • In US dollars, the fourth quarter of 2023 consolidated revenue increased 2.71% sequentially and was up 18.41% year-over-year.
  • The gross profit in the fourth quarter of 2023 was US$51.91 million, representing an increase of 1.44% from the previous quarter and an increase of 16.19% compared to the same quarter of last year.
  • The financial figures detailed above for the fourth quarter of 2023 and for the year ended December 31, 2023 have not been audited or reviewed by independent accountants.

LG EXPANDS RELATIONSHIP WITH WASH TO PROVIDE COMMERCIAL LAUNDRY SERVICES IN NORTH AMERICA

Retrieved on: 
Wednesday, February 7, 2024

SEOUL, South Korea, Feb. 7, 2024 /PRNewswire/ -- Commercial laundry technology leader LG Electronics (LG) has expanded its relationship with WASH, one of the largest laundry route businesses in North America. The new agreement enables LG to increase its position in the fast-expanding market for commercial laundry solutions for multi-family housing and university dormitories while bringing end-users the convenience and performance of LG's energy-efficient washers and dryers.

Key Points: 
  • SEOUL, South Korea, Feb. 7, 2024 /PRNewswire/ -- Commercial laundry technology leader LG Electronics (LG) has expanded its relationship with WASH, one of the largest laundry route businesses in North America.
  • WASH is a leading B2B laundry service providers in North America, supplying and managing laundry solutions for multifamily properties across the United States and Canada.
  • Together, LG and WASH anticipate satisfying the growing demand for communal laundry facilities in busy housing and campus environments across North America.
  • LG Commercial Laundry machines, built with the company's advanced Inverter Direct Drive™ technology, are designed to deliver durability and reliability.

Middleburg Communities to Commence Construction on 260-Unit Build-to-Rent Community in Richmond MSA

Retrieved on: 
Monday, February 5, 2024

Middleburg Communities (“Middleburg”) today announced it has secured financing from Simmons Bank to begin construction of Hamlet Falling Creek, a 260-unit build-to-rent community to be developed along Genito Road in Midlothian, Virginia about 20 minutes southwest of Downtown Richmond.

Key Points: 
  • Middleburg Communities (“Middleburg”) today announced it has secured financing from Simmons Bank to begin construction of Hamlet Falling Creek, a 260-unit build-to-rent community to be developed along Genito Road in Midlothian, Virginia about 20 minutes southwest of Downtown Richmond.
  • The project marks Middleburg’s second build-to-rent community in Midlothian, joining Hamlet Watkins Centre, which is currently under construction.
  • Selim Tay-Agbozo, President of Middleburg Development, stated, “The Richmond MSA possesses many of the fundamentals that drive our investment decisions.
  • Middleburg currently has six built-to-rent communities under construction in Richmond, Charlotte, Charleston, Jacksonville, Huntsville, and Wilmington.

CPP Announces Acquisition of Affordable Housing Community in Beloit, Wisconsin

Retrieved on: 
Wednesday, January 17, 2024

BELOIT, Wis., Jan. 17, 2024 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the planned renovation of Woodside Terrace, an affordable housing community just three miles from of downtown Beloit, Wis.

Key Points: 
  • BELOIT, Wis., Jan. 17, 2024 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the planned renovation of Woodside Terrace, an affordable housing community just three miles from of downtown Beloit, Wis.
  • The community will receive extensive renovations, estimated at $72,912.03 per unit.
  • “This project will provide comprehensive renovations and upgrades to the property,” said Scott Fink, Development Manager for CPP.
  • “These renovations will help to ensure safe and welcoming housing for the families at this community.”
    Partners on the project include the Wisconsin Housing and Economic Development Authority (WHEDA), R4 Capital, general contractor Renu, Wisconsin Management Company, and architect C&S Engineering.

Dynamic Star's Fordham Landing South to Bring Sustainable Living to the Harlem River Waterfront

Retrieved on: 
Wednesday, January 24, 2024

ft. leasable of community facility space, and a nearly one-acre public, Harlem River esplanade, Fordham Landing South is introducing a broad array of advanced sustainability features that are lacking in the borough.

Key Points: 
  • ft. leasable of community facility space, and a nearly one-acre public, Harlem River esplanade, Fordham Landing South is introducing a broad array of advanced sustainability features that are lacking in the borough.
  • The project is also integrated into the NYC street system and the Harlem River Greenway, thereby reducing traffic, and promoting cycling.
  • Brad Zackson, Dynamic Star's co-founder and Director of Development, said, "Fordham Landing South is a testament to the potential for sustainable living in urban environments, particularly in communities that have historically been underserved.
  • For more information about Fordham Landing South and its vision for sustainable living in PL_The Bronx, please visit www.dynamicstarllc.com .

Acer Debuts Carbon-Neutral Aspire Vero 16 with Latest Intel Core Ultra Processors

Retrieved on: 
Sunday, January 7, 2024

LAS VEGAS, Jan. 7, 2024 /PRNewswire/ -- Acer announced new additions to its Aspire laptop line, showcasing an extensive range of performance and design options to support everyday computing needs.

Key Points: 
  • The Aspire Vero 16 is the latest from its Vero product line, powered by the new Intel® Core™ Ultra processors[1] with Intel AI Boost and Wi-Fi 7 compatibility[4].
  • Acer has committed to carbon neutrality for the Aspire Vero 16, following international standards[5] for carbon footprint calculation and carbon neutrality.
  • The Aspire Go laptops feature up to Intel Core i3 N-Series processors, boosted memory capacity, full-function peripherals, and Acer PurifiedVoice™ technology, while the Aspire Go 14 also includes an AMD Ryzen™ 7000 Series processor option.
  • Combining a new design and the latest collaboration features, the Acer Aspire Vero 16 (AV16-51P) is made for those who are looking for an eco-conscious choice without sacrificing performance.

Cityview Reveals Name for 378-Unit Opportunity Zone Project in Oakland’s Brooklyn Basin

Retrieved on: 
Monday, December 11, 2023

OAKLAND, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, today unveiled the name of its 378-unit opportunity zone project in Oakland, California as Portico.

Key Points: 
  • OAKLAND, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, today unveiled the name of its 378-unit opportunity zone project in Oakland, California as Portico.
  • Slated to complete in December 2023, the project is designed to meet LEED Silver standards and is a premier waterfront community in Brooklyn Basin’s master-planned community.
  • “Featuring a prime waterfront location in the fast-growing Brooklyn Basin community, Portico will offer extensive amenities and easy access to everything the area has to offer,” said Sean Burton, CEO of Cityview.
  • Portico’s name was inspired by the historic columns at Township Commons, Oakland’s newest waterfront public park, which is located in Brooklyn Basin.

Home Appliance Manufacturers Get Energy- and Cost-Saving AI with Femtosense/ABOV Semiconductor Collaboration

Retrieved on: 
Tuesday, December 19, 2023

Until now, home appliance manufacturers were unable to add AI features on-device to many mass market products due to the prohibitive power consumption and cost of other AI-capable chips.

Key Points: 
  • Until now, home appliance manufacturers were unable to add AI features on-device to many mass market products due to the prohibitive power consumption and cost of other AI-capable chips.
  • “With ABOV, we’re now able to bring our energy- and cost-efficient AI technology to more manufacturers of smart appliances,” said Sam Fok, Ph.D., CEO and co-founder, Femtosense.
  • Femtosense will show its SPU-001 on-device AI chip, which enables AI features in real integrations ready for deployment, at private meetings at CES.
  • Developers and business leaders who want to bring tangible value through AI to mass-market products should request a meeting at femtosense.ai/ces2024 .

Linc Housing Completes 55 Supportive Affordable Homes in Wilmington for Seniors Experiencing Homelessness

Retrieved on: 
Thursday, December 21, 2023

LOS ANGELES, Dec. 21, 2023 /PRNewswire-PRWeb/ -- Linc Housing, a nonprofit developer of affordable and supportive housing, joined Los Angeles County, City of Los Angeles, development partners and new residents to celebrate the completion of SagePointe, a 56-home supportive housing community in the Wilmington neighborhood of Los Angeles.

Key Points: 
  • SagePointe, a new 56-home apartment community, is for seniors 55 and older who have been unhoused and need a stable home with supportive services.
  • LOS ANGELES, Dec. 21, 2023 /PRNewswire-PRWeb/ -- Linc Housing, a nonprofit developer of affordable and supportive housing, joined Los Angeles County, City of Los Angeles, development partners and new residents to celebrate the completion of SagePointe, a 56-home supportive housing community in the Wilmington neighborhood of Los Angeles.
  • SagePointe is for seniors 55 and older who have been unhoused and need a stable home with supportive services.
  • "SagePointe eases the struggle for 55 seniors who need stable housing," said Suny Lay Chang, president and chief operating officer, Linc Housing.