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Blue Ridge Bank Announces Its First Electric Vehicle Charging Station Installation

Wednesday, September 22, 2021 - 9:30pm

(the "Bank"), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announces the installation of its first branch electric vehicle charging station, located at 11450 Robious Road, North Chesterfield, Virginia, 23235.

Key Points: 
  • (the "Bank"), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announces the installation of its first branch electric vehicle charging station, located at 11450 Robious Road, North Chesterfield, Virginia, 23235.
  • "Blue Ridge Bank supports our local communities while embracing innovation," said Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bank.
  • Blue Ridge Bank partnered with ChargePoint, the world's largest electric vehicle charging network, to install the ChargePoint dual output CT4021 charger.
  • Blue Ridge Bank, N.A., is the wholly owned banking subsidiary of Blue Ridge Bankshares, Inc.

TEL, U.S. Army Launch Partnership to Employ More Veterans

Wednesday, September 22, 2021 - 7:06pm

AUSTIN, Texas, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Each year in the United States over 200,000 service members exit the military annually, often with uncertainty about transitioning into the civilian workforce and defining a career path. Today, Tokyo Electron (TEL) is announcing that it is teaming up with the U.S. Army’s Partnership for Youth Success (PaYS) to connect more veterans with valuable career opportunities in the high-tech, semiconductor industry. As a PaYS Partner, TEL guarantees soldiers an interview and possible employment after the Army.

Key Points: 
  • As a PaYS Partner, TEL guarantees soldiers an interview and possible employment after the Army.
  • Tokyo Electron U.S. Holdings President Larry Smith and U.S. Army General Paul Funk will be in attendance.
  • The Media is also invited to stay for lunch which will be served following the partnership announcement and signing ceremony.
  • The Partnership for Youth Success (PaYS) Program is a strategic partnership between the U.S. Army and a cross section of corporations, companies, and public sector agencies.

Outlook on the Automotive Transmission Global Market to 2028 - Players Include Eaton, Magna International and ZF Friedrichshafen Among Others

Wednesday, September 22, 2021 - 7:30pm

The global automotive transmission market size is expected to reach USD 211.85 billion by 2028, registering a CAGR of 5.2% over the forecast period.

Key Points: 
  • The global automotive transmission market size is expected to reach USD 211.85 billion by 2028, registering a CAGR of 5.2% over the forecast period.
  • The Covid-19 pandemic has adversely affected the automobile industry, leading to a decline in the growth of this market.
  • Increasing concerns regarding global warming and pollution have led to various stringent government regulations pertaining to vehicular emissions.
  • Such regulatory guidelines have propelled component suppliers to manufacture eco-friendly and high-efficiency transmission systems for domestic and international markets.

Fuel Refiners, Petrochemical Manufacturers Urge Congressional Democrats to Stand Strong, Reject New Taxes on American-Refined Energy, Plastics

Wednesday, September 22, 2021 - 6:41pm

The same is true of taxes aimed atplastics.Consumers will feel the pain of these taxes, likely in the form ofhigherprices ongas andconsumer goods.

Key Points: 
  • The same is true of taxes aimed atplastics.Consumers will feel the pain of these taxes, likely in the form ofhigherprices ongas andconsumer goods.
  • Debates in Congress over the budget reconciliation bill have raised the potential for new taxes to be levied against American refineries and petrochemical facilities.
  • Among the taxes being discussedfor possible inclusion by members of the House and Senateare methane taxes, border carbon adjustments and plastic production taxes.
  • A methane tax would extend to entities that process crude oil feedstocks, including fuel refineries that manufacture gasoline,dieseland jet fuel.

Ultium Cells Selects Honeywell Quality Control System For State-Of-The-Art Lithium-Ion Battery Production Plant

Wednesday, September 22, 2021 - 3:01pm

Honeywell's QCS will deploy compact, high-precision scanners and basis weight sensors to serve as the quality control platform for four of the Lordstown plant's production lines.

Key Points: 
  • Honeywell's QCS will deploy compact, high-precision scanners and basis weight sensors to serve as the quality control platform for four of the Lordstown plant's production lines.
  • Honeywell's system will help Ultium Cells meet key quality requirements by measuring electrode coat weight, a key parameter in the production of battery cells.
  • In addition, Honeywell's modular platform and proven industry expertise will help Ultium Cells ensure long-term success by adapting new measurement and control technology as battery cell production requirements evolve.
  • "We chose Honeywell because of the company's deep understanding of the lithium-ion battery sector and the fact its measurement and control technology is already being used in critical areas of manufacturing," said Germanus Woo - Planning Director, Ultium Cells.

Camel Awarded $50 Million Contract

Wednesday, September 22, 2021 - 2:20pm

Camel Expeditionary, a manufacturer of military tent products, was recently awarded a new five-year, $50 million contract with the Defense Logistics Agency.

Key Points: 
  • Camel Expeditionary, a manufacturer of military tent products, was recently awarded a new five-year, $50 million contract with the Defense Logistics Agency.
  • Under the contract, Camel will produce light maintenance enclosure (LME) structures, primarily for use by the United States Army.
  • A contract of this size and scope will allow Camel to grow.
  • Camel currently employs 125 people living in Campbell, Anderson, Scott, and Knox counties, and hopes to add 12 more as a result of this contract.

Prop Trading Firm SurgeTrader Launches Funded Account Program for Forex Traders and Cryptocurrency Traders

Wednesday, September 22, 2021 - 1:00pm

Prop trading firm SurgeTrader has announced the launch of their program, which provides up to $1 million in capital to traders as part of a profit-sharing arrangement.

Key Points: 
  • Prop trading firm SurgeTrader has announced the launch of their program, which provides up to $1 million in capital to traders as part of a profit-sharing arrangement.
  • Once traders achieve a 10% profit target during the Audition period, they become a funded trader with immediate access to trading capital.
  • SurgeTrader, LLC is a US-based proprietary trading firm (also called a prop firm or funded account program, with a mission to accelerate trader funding and provide capital to profitable traders.
  • Once traders have proven they can be profitable by passing an Audition, they become a part of the SurgeTrader funded trader community, with access to account funding up to $1 million.

Comstock Commences Production at Mercury and Gold Extraction Facility

Wednesday, September 22, 2021 - 11:45am

Mercurydependent ASGM uses a process known as amalgamation to dissolve gold from natural deposits.

Key Points: 
  • Mercurydependent ASGM uses a process known as amalgamation to dissolve gold from natural deposits.
  • The amalgam is then typically isolated by hand and then heated to distill the mercury and isolate the gold.
  • Problematically, mercury is hazardous to human health and the environment, where residual ASGM wastes contaminate water and soil and bioaccumulate into the food chains.
  • The risks to children are also substantial, with mercury emissions from ASGM resulting in both physical and mental disabilities and compromised development.

Texas new homes prices jump as Days on Market fall

Tuesday, September 21, 2021 - 3:30pm

In Dallas-Ft. Worth, the 3-month moving average for Days on Market was 53 days in August, down from 91 days in August 2020.

Key Points: 
  • In Dallas-Ft. Worth, the 3-month moving average for Days on Market was 53 days in August, down from 91 days in August 2020.
  • The DOM fell to 73 days in Houston in August, dropping from 110 days in August 2020.
  • Historically, Caballero said that days on market are higher for new homes than resale homes by about 60 days due to construction time.
  • However, because builders are not listing homes until they know their construction costs, the new homes DOM is much closer to the resale market.

Webair Recognized as a Representative Vendor for DRaaS in 2021 Gartner® Market Guide for Disaster Recovery as a Service

Tuesday, September 21, 2021 - 2:00pm

("Webair"), a leading provider of cloud-agnostic orchestration services and disaster-recovery deployments, today announces that it has been recognized as a Representative Vendor in the Advanced Colocation/Hosting group for DRaaS in the 2021 Gartner Market Guide for Disaster Recovery as a Service report for the second consecutive year.

Key Points: 
  • ("Webair"), a leading provider of cloud-agnostic orchestration services and disaster-recovery deployments, today announces that it has been recognized as a Representative Vendor in the Advanced Colocation/Hosting group for DRaaS in the 2021 Gartner Market Guide for Disaster Recovery as a Service report for the second consecutive year.
  • Webair has also been named a Notable Vendor in the 2019 Gartner Magic Quadrant for Disaster Recovery as a Service report.
  • [1]Gartner, "Market Guide for Disaster Recovery as a Service," Ron Blair, Jeffrey Hewitt, 29 July 2021.
  • [2]Gartner, "Market Guide for Disaster Recovery as a Service," Ron Blair, Lisa Pierce, Jeffrey Hewitt, 25 June 2020.