Power

TECHTRONIC INDUSTRIES DELIVERS EXCEPTIONAL 2021 RESULTS WITH OUTSTANDING REVENUE AND PROFIT GROWTH

Retrieved on: 
Wednesday, March 2, 2022

The gross margin improvement is a direct result of the launching of high margin new products, disciplined mix management, exceptional productivity gains, and volume leverage.

Key Points: 
  • The gross margin improvement is a direct result of the launching of high margin new products, disciplined mix management, exceptional productivity gains, and volume leverage.
  • Net Profit rose 37.2% to US$1.1 billion, with earnings per share increasing 37.1% over 2020 to US60.04 cents.
  • With the investments in inventory to support sales growth and high service levels, the Group maintained a disciplined working capital ratio at 20.9% of sales.
  • Every one of the Group's business units in all geographic regions delivered exceptional sales growth in 2021.

TECHTRONIC INDUSTRIES DELIVERS EXCEPTIONAL 2021 RESULTS WITH OUTSTANDING REVENUE AND PROFIT GROWTH

Retrieved on: 
Wednesday, March 2, 2022

The gross margin improvement is a direct result of the launching of high margin new products, disciplined mix management, exceptional productivity gains, and volume leverage.

Key Points: 
  • The gross margin improvement is a direct result of the launching of high margin new products, disciplined mix management, exceptional productivity gains, and volume leverage.
  • Net Profit rose 37.2% to US$1.1 billion, with earnings per share increasing 37.1% over 2020 to US60.04 cents.
  • With the investments in inventory to support sales growth and high service levels, the Group maintained a disciplined working capital ratio at 20.9% of sales.
  • Every one of the Group's business units in all geographic regions delivered exceptional sales growth in 2021.

Leading AI Chipmaker Hailo Partners with AITg of WPG Holdings to Support Growing Customer Base in Asia Pacific

Retrieved on: 
Wednesday, March 2, 2022

"Customers from a wide variety of industries seek to empower their devices with AI to improve their flexibility, scalability, versatility and energy efficiency.

Key Points: 
  • "Customers from a wide variety of industries seek to empower their devices with AI to improve their flexibility, scalability, versatility and energy efficiency.
  • "We are excited to work with a leading AI chip company such as Hailo to leverage the vast potential of their innovative AI solutions at the edge," said Jackie Hsu, CEO of AITg.
  • Hailo ,an AI-focused,Israel-based chipmaker, has developed a specialized Artificial Intelligence (AI) processor that delivers the performance of a data center-class computer to edge devices.
  • WPG Holdings is the largest electronics distributor in Asia and the world*, headquartered in Taipei, Taiwan (TSE:3702).

Leading AI Chipmaker Hailo Partners with AITg of WPG Holdings to Support Growing Customer Base in Asia Pacific

Retrieved on: 
Wednesday, March 2, 2022

TAIPEI and TEL AVIV, Israel, March 2, 2022 /PRNewswire/ -- AI chipmaker for edge devices Hailo today announced its partnership with AITg (part of WPG Holdings), a leading global semiconductor distributor, to promote and support Hailo's products in Taiwan and the Greater China region. The agreement with AITg will enable Hailo to expand its presence in key Asian markets, extending its reach to customers in sectors such as smart retail, smart cities, smart homes, industry 4.0, and more.

Key Points: 
  • "Customers from a wide variety of industries seek to empower their devices with AI to improve their flexibility, scalability, versatility and energy efficiency.
  • "We are excited to work with a leading AI chip company such as Hailo to leverage the vast potential of their innovative AI solutions at the edge," said Jackie Hsu, CEO of AITg.
  • Hailo ,an AI-focused,Israel-based chipmaker, has developed a specialized Artificial Intelligence (AI) processor that delivers the performance of a data center-class computer to edge devices.
  • WPG Holdings is the largest electronics distributor in Asia and the world*, headquartered in Taipei, Taiwan (TSE:3702).

Blackbird approved by albert for sustainable video editing and publishing

Retrieved on: 
Wednesday, March 2, 2022

LONDON, March 2, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird , today announced that it has been approved by albert as a green supplier for sustainable video editing and publishing.

Key Points: 
  • LONDON, March 2, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird , today announced that it has been approved by albert as a green supplier for sustainable video editing and publishing.
  • The study evidenced that cloud native editing platform, Blackbird, generates up to 91% less carbon than cloud based and traditional on premise video editing workflows.
  • albert Sustainability Analyst, Will Bourns, said: ''We are delighted to welcome Blackbird to albert's sustainable supplier list.
  • Blackbird plc is a licensor of its core video technology under its 'Powered by Blackbird' licensing model.

Blackbird approved by albert for sustainable video editing and publishing

Retrieved on: 
Wednesday, March 2, 2022

LONDON, March 2, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird , today announced that it has been approved by albert as a green supplier for sustainable video editing and publishing.

Key Points: 
  • LONDON, March 2, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird , today announced that it has been approved by albert as a green supplier for sustainable video editing and publishing.
  • The study evidenced that cloud native editing platform, Blackbird, generates up to 91% less carbon than cloud based and traditional on premise video editing workflows.
  • albert Sustainability Analyst, Will Bourns, said: ''We are delighted to welcome Blackbird to albert's sustainable supplier list.
  • Blackbird plc is a licensor of its core video technology under its 'Powered by Blackbird' licensing model.

New Study from StrategyR Highlights a $738.9 Million Global Market for Power over Ethernet (PoE) Lighting by 2026

Retrieved on: 
Tuesday, March 1, 2022

SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • This segment currently accounts for a 30.9% share of the global Power over Ethernet (PoE) Lighting market.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Greenwood Sustainable Infrastructure (GSI) Announces Utility Scale Deal with AquaSan to Provide Up to 233 MW in New Solar Capacity to Five U.S. States

Retrieved on: 
Tuesday, March 1, 2022

This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin.

Key Points: 
  • This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin.
  • Initially, GSI will develop 40 MW of early-stage utility scale solar developments in Minnesota, with the option to build an additional 193 MW in Colorado, Pennsylvania, South Carolina, and Wisconsin, doubling its current footprint to 10 U.S. states.
  • GSI is focused investment, development, and operation of both distributed generation and utility-scale solar energy projects in North America.
  • AquaSan was formed in 1983 by its current CEO Carmine Iadarola to provide administrative and technical services for the water infrastructure business.

Greenwood Sustainable Infrastructure (GSI) Announces Utility Scale Deal with AquaSan to Provide Up to 233 MW in New Solar Capacity to Five U.S. States

Retrieved on: 
Tuesday, March 1, 2022

NEW YORK, March 1, 2022 /PRNewswire/ -- Today, Greenwood Sustainable Infrastructure (www.greenwoodinfra.com) (GSI) announced it has taken a step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment and development subsidiary of the Libra Group announced that it has acquired a scalable portfolio of solar developments from AquaSan Network-subsidiary CMDAJ Holdings LLC (CMDAJ). This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin. 

Key Points: 
  • This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin.
  • Initially, GSI will develop 40 MW of early-stage utility scale solar developments in Minnesota, with the option to build an additional 193 MW in Colorado, Pennsylvania, South Carolina, and Wisconsin, doubling its current footprint to 10 U.S. states.
  • GSI is focused investment, development, and operation of both distributed generation and utility-scale solar energy projects in North America.
  • AquaSan was formed in 1983 by its current CEO Carmine Iadarola to provide administrative and technical services for the water infrastructure business.

USA Industries introduces GripSafe® ST

Retrieved on: 
Tuesday, March 1, 2022

HOUSTON, March 1, 2022 /PRNewswire/ -- USA Industries introduces its patented GripSafe ST piping isolation and test plugs for use in refineries, chemical processing facilities, gas and power plants, as well as offshore production platforms and FPSO's.

Key Points: 
  • HOUSTON, March 1, 2022 /PRNewswire/ -- USA Industries introduces its patented GripSafe ST piping isolation and test plugs for use in refineries, chemical processing facilities, gas and power plants, as well as offshore production platforms and FPSO's.
  • USA Industries GripSafe ST Pipe Plugs: the Safest, Most Technically Advanced Isolation & Test Plugs Available Anywhere
    "Gripping plugs are used in a variety of hazardous industrial applications every day," said Tracy Sue, CEO of USA Industries.
  • "With GripSafe ST's innovative design, USA Industries has virtually eliminated the risk of unintentional plug ejection," added Justin Watts, USA Industries' Director of Sales & Marketing.
  • USA Industries has served the refining, chemical processing, and power industries since 1982.