Idaho Department of Commerce

SkyWater Technology Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
Automotive, Consumer Electronics, Technology, Other Defense, Contracts, Engineering, Automotive Manufacturing, Aerospace, Manufacturing, Mobile, Wireless, General Automotive, Defense, Semiconductor, Security, Satellite, Nanotechnology, Other Technology, IOT (Internet of Things), Networks, Internet, Electronic Design Automation, CHIPS, CHIPS and Science Act, Cadence Design Systems, Inc. v. Avanti Corp, SkyWater Technology, EBITDA, Commerce, GAAP, Idaho Department of Commerce, PDK, ATS, CMOS, Investment, Video game, Bank

SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended October 1, 2023.

Key Points: 
  • SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended October 1, 2023.
  • Gross margin increased to 19.8% on a GAAP basis, compared to 15.8% in Q3 2022, and increased to 20.4% on a non-GAAP basis, compared to 16.9% in Q3 2022.
  • Adjusted EBITDA of $8.3 million, or 11.6% of revenue, compared to $3.8 million, or 7.3% of revenue in Q3 2022.
  • “SkyWater again achieved revenue upside and sequential growth in what was a very strong third quarter for our ATS business,” commented Thomas Sonderman, SkyWater chief executive officer.

NatureSweet Partners with Industry Leaders to Encourage the Department of Commerce to Keep Fresh Tomatoes Available, Affordable for American Consumers

Retrieved on: 
Thursday, October 26, 2023
Organic Food, White House, Federal Government, Public Policy, Government, Retail, Food, Beverage, Idaho Department of Commerce, Commerce, NatureSweet, Office of Inspector General, U.S. Department of Health and Human Services, Education, U.S. Department of Commerce Office of Security, General counsel, Commerce Department trade mission controversy, Agriculture, Grocery store

A small group of domestic tomato producers is petitioning the Department of Commerce to terminate a longstanding trade agreement between the United States and importers of fresh tomatoes from Mexico.

Key Points: 
  • A small group of domestic tomato producers is petitioning the Department of Commerce to terminate a longstanding trade agreement between the United States and importers of fresh tomatoes from Mexico.
  • “The suspension agreement is critical to keeping specialty tomato varieties on American grocery store shelves,” says Skip Hulett, Vice President of General Counsel for NatureSweet.
  • Importers continue to play by the rules to deliver fresh, quality tomatoes to American families.
  • NatureSweet will continue to partner with industry leaders to encourage Commerce to reach a resolution that allows economies on both sides of the border to continue thriving.

Tomato Tariffs Could Cause American Consumers to Pay 50% More for Fresh Tomatoes

Retrieved on: 
Tuesday, October 10, 2023
Labor, Supermarket, Public Policy, Government, Restaurant, Bar, Food, Beverage, White House, Federal Government, Retail, Agriculture, Natural Resources, U.S. Department of Commerce Office of Security, Business, TSA, General counsel, Register, W. P. Carey School of Business, Commerce, Idaho Department of Commerce, Arizona State University, NatureSweet, Federal, Agribusiness, Office of Inspector General, U.S. Department of Health and Human Services, Grocery store

Without the 2019 Suspension Agreement in place, NatureSweet , the #1 snacking tomato brand headquartered in Texas, and countless other companies would face tariffs of more than 20 percent on the import of fresh tomatoes into the United States.

Key Points: 
  • Without the 2019 Suspension Agreement in place, NatureSweet , the #1 snacking tomato brand headquartered in Texas, and countless other companies would face tariffs of more than 20 percent on the import of fresh tomatoes into the United States.
  • “Tomatoes imported from Mexico generate economic and social value far beyond their retail price,” says Skip Hulett, Vice President and General Counsel for NatureSweet.
  • The study concludes that:
    Consumers can expect to pay prices for fresh tomatoes that average 50% higher than they do today.
  • This tariff would punish companies like NatureSweet, which are doing the right thing.”
    Importantly, importers of fresh tomatoes from Mexico have played by the rules.

Age of Learning Appoints Education Advocacy Leader Luci Willits as Vice President of Public Policy

Retrieved on: 
Wednesday, August 30, 2023
Technology, Children, Family, Other Education, Continuing, Preschool, Consumer, Primary, Secondary, Consumer Electronics, Education, Idaho Department of Commerce, Senior, Public policy, ABCmouse.com Early Learning Academy, Policy, Smarter Balanced Assessment Consortium, Age, Multimedia, Research, Government, Organization, ESSA, Management, Nursing, Tutoring, Learning

Age of Learning , leading education technology innovator and creator of the widely popular ABCmouse® Early Learning Academy, today announced it has appointed former Chief of Staff for the Idaho Department of Education Luci Willits as Vice President of Public Policy.

Key Points: 
  • Age of Learning , leading education technology innovator and creator of the widely popular ABCmouse® Early Learning Academy, today announced it has appointed former Chief of Staff for the Idaho Department of Education Luci Willits as Vice President of Public Policy.
  • View the full release here: https://www.businesswire.com/news/home/20230830180653/en/
    Luci Willits, Age of Learning, Vice President of Public Policy (Photo: Business Wire)
    In her role at the Idaho Department of Education, Willits advised the elected superintendent on multiple policy initiatives designed to improve public education, including academic standards, teacher compensation, graduation requirements, and federal law.
  • Prior to joining Age of Learning, Willits served as Senior Vice President of Government Relations at MetaMetrics, where she oversaw the company’s state portfolio, leading engagement with policymakers and state education departments nationwide.
  • “Luci has a proven track record of achievement and brings invaluable insight into how effective education policy is shaped, thanks to her extensive experience as a public sector leader,” said Sunil Gunderia, Chief Innovation Officer at Age of Learning.

Nokia on track to be first technology Buy America compliant vendor

Retrieved on: 
Tuesday, August 22, 2023
Digital divide, Idaho Department of Commerce, NTIA, Electronics, BABA, Greenhouse gas emissions by the United States, Public–private partnership, Administration, Divide, Access, OLT, ONT, United States Department of Commerce, Commerce, Mobile phone, Online shopping, Buy America Act

Nokia will take action to be added to the National Telecommunications Information and Administration (NTIA) Agency official list of certified “Buy America” compliant vendors.

Key Points: 
  • Nokia will take action to be added to the National Telecommunications Information and Administration (NTIA) Agency official list of certified “Buy America” compliant vendors.
  • Nokia will manufacture its Buy America compliant OLT line card, remote OLT, OLT optical module and ONT in the US starting in 2024.
  • Based on the latest requirements proposed, Nokia is on track to become the first Buy America compliant technology vendor eligible for use in the Department of Commerce Broadband Equity, Access and Deployment (BEAD) program.
  • By becoming Buy America compliant, Nokia will be eligible to supply its products and services to these critical projects focused on closing the digital divide.

Nokia expands manufacturing in U.S. to fiber broadband optical modules for BEAD program

Retrieved on: 
Wednesday, August 16, 2023
Gig, Digital divide, Idaho Department of Commerce, Electronics, Telecommunications, Original equipment manufacturer, Light, Research, Optical line termination, Access, Olt, Commerce, Renewable energy, Mobile phone, Internet service provider

Nokia expands manufacturing in U.S. to fiber broadband optical modules for BEAD program

Key Points: 
  • Nokia expands manufacturing in U.S. to fiber broadband optical modules for BEAD program
    Nokia partners with Fabrinet to manufacture its next generation multi-rate optical modules for Optical Line Terminals (OLTs)in the U.S. at its Santa Clara facility in California
    Production of Nokia’s fiber-optic modules to begin in 2024, bringing high-tech innovation and additional jobs to the country
    Manufacturing of optical modules builds on the announcement by Nokia to produce fiber-optic broadband network electronics products in Kenosha, Wisconsin.
  • Santa Clara, California – Nokia today announced that it is the first telecom vendor to manufacture fiber broadband optical modules in the U.S. for use in the Broadband Equity, Access and Deployment (BEAD) program.
  • Partnering with Fabrinet, a global manufacturer of highly precise optical products, Nokia will produce multi-rate optical modules at Fabrinet’s state-of-the-art facility in Santa Clara, California.
  • By manufacturing these optical modules in the U.S., Nokia continues to expand its list of products and solutions for networks rollouts using BEAD or other funding.

Beazer Homes Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, July 27, 2023
Architecture, Commercial Building & Real Estate, Construction & Property, Building Systems, Urban Planning, Other Construction & Property, Interior Design, Residential Building & Real Estate, Idaho Department of Commerce, Note, ASP, Senior, Office of Inspector General, U.S. Department of Health and Human Services, Compensation, BZH, Innovation, Sale, Beazer Homes USA, Organization, EBITDA, Beazer, Environment, NYSE, Rare-earth element, Renewable energy, Security (finance), Music, Building, Video game

Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today announced its financial results for the three months ended June 30, 2023.

Key Points: 
  • Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today announced its financial results for the three months ended June 30, 2023.
  • The dollar value of homes in backlog as of June 30, 2023 was $1.0 billion, representing 1,941 homes, compared to $1.6 billion, representing 3,003 homes, at the same time last year.
  • The average selling price (ASP) of homes in backlog was $520.3 thousand, down 1.6% versus the prior year quarter.
  • Summary results for the three and nine months ended June 30, 2023 are as follows:
    Three Months Ended June 30,

QAD Participates in the U.S.-Norway Comprehensive Dialogue for Commerce and Sustainability Roundtable for the Green Transition

Retrieved on: 
Tuesday, June 27, 2023
Software, Internet, Data Management, White House, Federal Government, Technology, Environment, Other Manufacturing, Green Technology, Transport, Manufacturing, Logistics, Supply Chain Management, Public Policy, Government, Idaho Department of Commerce, QAD, EV, U.S. Department of Defense Strategy for Operating in Cyberspace, Research, Carbon, QAD Inc., Wind, Commerce, Advanced Battery Technologies, Mobility, Growth, Climate, Dialogue, Fishery, Renewable energy

QAD Inc. , a leading provider of next-generation manufacturing and supply chain solutions in the cloud, participated in the U.S.-Norway Comprehensive Dialogue for Commerce and Sustainability (CDCS).

Key Points: 
  • QAD Inc. , a leading provider of next-generation manufacturing and supply chain solutions in the cloud, participated in the U.S.-Norway Comprehensive Dialogue for Commerce and Sustainability (CDCS).
  • This is a bilateral trade and investment dialogue between the U.S. Department of Commerce’s International Trade Administration and the Norwegian Ministry of Trade, Industry and Fisheries.
  • The goal of this business roundtable was to encourage cooperation in the green transition.
  • The Dialogue was celebrated on June 13th at the Department of Commerce in Washington DC.

USNC Selects Gadsden, Alabama for Advanced Microreactor Assembly Plant

Retrieved on: 
Wednesday, June 21, 2023
Nuclear, Machinery, Energy, Manufacturing, News, Workforce, Idaho Department of Commerce, Alabama Department of Public Safety, MMR, Project agreement (Canada), Energy transition, Multimedia, City, Traction, Growth, Factory, Economics, Safety, Commerce, MAP, Uranium mining, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20230621046940/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230621046940/en/
    Design layout of the USNC Gadsden MMR® Assembly Plant.
  • USNC and the State of Alabama formalized the deal through a Project Agreement executed by Governor Kay Ivey and the company.
  • "Alabama is home to an impressive array of highly innovative companies, so our state is an ideal place for Ultra Safe Nuclear’s new advanced microreactor assembly plant,” Governor Kay Ivey said.
  • We look forward to filling the hundreds of innovative, technology-driven jobs once this new assembly plant becomes operational in 2027.

Industrial Labels Global Market Report 2023: Rapid Rise of E-commerce Bolsters Growth

Retrieved on: 
Wednesday, June 14, 2023
Benchmark, Cosmo Films, Idaho Department of Commerce, Adhesive, Partnership, Narrow, Internet, DuPont, Agriculture, Printing, COVID-19, 3M, Light, Avery Dennison, USD, Sale, Xerox, Organization, United States Census Bureau, Brady Corporation, Commerce, UPM, Growth, Transport, Create, Safety, Geography, Music, Fine chemical, Retail, Video game

DUBLIN, June 13, 2023 /PRNewswire/ -- The "Industrial Labels Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 13, 2023 /PRNewswire/ -- The "Industrial Labels Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • The main types of industrial labels are warning or security labels, branding labels, weatherproof labels, equipment asset tags, and others.
  • The regions covered in the industrial labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The rapid rise of e-commerce is significantly contributing to the growth of the industrial label market.