Diesel

New Mill Capital Holdings, Infinity Assets, Camjay LLC Purchase Maine Mill Assets of Pixelle Specialty Solutions

Retrieved on: 
Thursday, January 11, 2024

JGT2 Redevelopment LLC, a Joint Venture of New Mill Capital Holdings ( www.newmillcapital.com ), Infinity Asset Solutions ( www.infinityassets.com ) and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, ME.

Key Points: 
  • JGT2 Redevelopment LLC, a Joint Venture of New Mill Capital Holdings ( www.newmillcapital.com ), Infinity Asset Solutions ( www.infinityassets.com ) and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, ME.
  • The acquisition includes the real estate of the main paper mill site as well as all mill equipment and the adjacent cogeneration power plant.
  • “We are thrilled to have acquired the Jay mill and plan on making a significant investment to bring economic life back to the property,” said Tony McDonald, President of Camjay.
  • In addition to the mill assets, the site has a 150 MW cogeneration plant with an interconnect directly to the power grid.

Finnish President Recognizes AGCO as International Long-Term Investor

Retrieved on: 
Friday, November 24, 2023

AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the annual Internationalization Award of the President of the Republic of Finland in the category of Long-Term International Investor.

Key Points: 
  • AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the annual Internationalization Award of the President of the Republic of Finland in the category of Long-Term International Investor.
  • View the full release here: https://www.businesswire.com/news/home/20231124667588/en/
    Finnish President Recognizes AGCO as International Long-Term Investor (Photo: Business Wire)
    “AGCO’s growth in Finland has been a success story, and we are honored to be recognized with this distinguished award,” said Eric Hansotia, Chairman, President and Chief Executive Officer of AGCO.
  • In the last five years alone, capital investments in AGCO’s Finnish sites have totaled approximately 170 million euros.
  • The Long-Term International Investor Award was presented to AGCO Power and Valtra by President of Finland Sauli Niinistö in a ceremony on November 24, 2023.

Global Light Vehicle Production Market Accelerates at 10.20% CAGR in 2023, Driven by Rising Demand for SUVs and Technological Advancements - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 1, 2023

Additionally, the global premium vehicle production market is projected to reach 11.31 million units in 2023, experiencing a CAGR of 8.28% during the same period.

Key Points: 
  • Additionally, the global premium vehicle production market is projected to reach 11.31 million units in 2023, experiencing a CAGR of 8.28% during the same period.
  • The global premium vehicle market has seen substantial growth recently, driven by customer preferences shifting from sedans to SUVs and rising disposable incomes.
  • By Vehicle Type: The global light vehicle production market is segmented into two categories: passenger cars and light commercial vehicles.
  • Rising Demand for SUVs: The global demand for SUVs is on the rise, driving the growth of the light vehicle market.

MySize Issues Shareholder Update: Revised 2023 Revenue Guidance of ~ $8 Million

Retrieved on: 
Monday, October 30, 2023

AIRPORT CITY, Israel , Oct. 30, 2023 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today issued a shareholder update from its Founder and CEO, Ronen Luzon.

Key Points: 
  • Dear MySize Partners and Shareholders,
    Before providing a business update on MySize, first, I must address the unprecedented October 7 attack on Israel by the terrorist group Hamas.
  • For the 12 months ended December 31, 2022, MySize reported revenue of $4,459,000 compared to $131,000 for fiscal 2021.
  • $4,132,000 of our total 2022 revenue came from Orgad's operations commencing on February 7, 2022, the date Orgad's acquisition closed.
  • While we reported revenues of approximately $2 million during the first half of 2023 and previous revenue guidance of between $9 to $10 million for 2023, based on the current revenue run rate and upcoming holiday shopping season, we expect approximately $8 million in revenues for the 12 months ended December 31, 2023 bringing us closer to cash-flow positive.

Gaming Lifestyle Powerhouse XSET Signs Esports Phenom and Creator Clix

Retrieved on: 
Wednesday, October 11, 2023

LOS ANGELES, Oct. 11, 2023 /PRNewswire/ -- XSET, the world's fastest-growing gaming lifestyle brand, is thrilled to announce the signing of celebrated Fortnite Pro Player, Twitch Streamer, and creator of clothing brand Dr3amin, Cody "Clix" Conrod. More than a traditional signing, this groundbreaking, multi-year partnership represents a novel strategic alliance between gaming and lifestyle, further solidifying XSET's presence in both the Fortnite realm and in fashion.

Key Points: 
  • LOS ANGELES, Oct. 11, 2023 /PRNewswire/ -- XSET, the world's fastest-growing gaming lifestyle brand, is thrilled to announce the signing of celebrated Fortnite Pro Player, Twitch Streamer, and creator of clothing brand Dr3amin, Cody "Clix" Conrod.
  • Fast forward four years, and at 18 years old, Clix has risen to become the most-watched Fortnite streamer on Twitch while also ranking as the 27th most-followed creator.
  • At the announcement of the agency signing, Vaynerchuk called Clix the embodiment of "what the gaming creator economy is all about."
  • Cody "Clix" Conrod's journey continues to push the boundaries of gaming and esports, and this partnership with XSET redefines what is possible in the world of competitive gaming and lifestyle.

DIESEL FUSES DESIGN AND TECHNOLOGY WITH THE LAUNCH OF VR-CRAFTED VERT WATCH AND METAVERSE EXPERIENCE AS PART OF CUTTING-EDGE METAMORPH PROJECT.

Retrieved on: 
Tuesday, October 3, 2023

BREGANZE, Italy, Oct. 3, 2023 /PRNewswire/ -- As part of Diesel's innovative Metamorph project first announced in early September, the brand, in partnership with Fossil Group, is excited to share its groundbreaking culmination with the launch of Vert, a timepiece collection that bridges the gap between the physical and digital worlds and redefines conventional design. Vert holders and Diesel fans globally are invited to experience an unseen narrative-driven brand experience—the Diesel Metamorph—to take part in a multi-layered, interactive journey inspired by the collection. Vert drops worldwide on Diesel.com and in selected stores, with the exciting launch of Metamorph Experience on vert.diesel.com, November 2nd.

Key Points: 
  • Vert drops worldwide on Diesel.com and in selected stores, with the exciting launch of Metamorph Experience on vert.diesel.com , November 2nd.
  • "I'm really excited about the Metamorph launch because the Vert is my first watch of this collection.
  • Alongside the collection launch, Diesel invites both Vert holders and all fans globally to experience an immersive, multi-layered, game-like experience—Metamorph.
  • Fans who join Metamorph without a Vert purchase can access and participate in of the online experience with a base avatar.

QUANTRON and Ballard Power Systems introduce fuel cell powered trucks ready for delivery

Retrieved on: 
Friday, September 1, 2023

Together, the companies have delivered their first fuel cell electric vehicles, combining QUANTRON's vehicle engineering expertise with Ballard's state-of-the-art fuel cell technology.

Key Points: 
  • Together, the companies have delivered their first fuel cell electric vehicles, combining QUANTRON's vehicle engineering expertise with Ballard's state-of-the-art fuel cell technology.
  • The core of the Canadian-German partnership is the integration of Ballard's high-performance FCmove™ fuel cell modules in QUANTRON vehicles.
  • Randy MacEwen, CEO, Ballard Power Systems: "We're excited to see the partnership with QUANTRON expand into the light-duty vehicle segment and increase fuel cell deployment into the critical last-mile transport market.
  • Ballard will continue to play an important role in the alliance, driving the adoption of fuel cell systems in next generation transport solutions forward.

QUANTRON and Ballard Power Systems introduce fuel cell powered trucks ready for delivery

Retrieved on: 
Friday, September 1, 2023

Together, the companies have delivered their first fuel cell electric vehicles, combining QUANTRON's vehicle engineering expertise with Ballard's state-of-the-art fuel cell technology.

Key Points: 
  • Together, the companies have delivered their first fuel cell electric vehicles, combining QUANTRON's vehicle engineering expertise with Ballard's state-of-the-art fuel cell technology.
  • The core of the Canadian-German partnership is the integration of Ballard's high-performance FCmove™ fuel cell modules in QUANTRON vehicles.
  • Randy MacEwen, CEO, Ballard Power Systems: "We're excited to see the partnership with QUANTRON expand into the light-duty vehicle segment and increase fuel cell deployment into the critical last-mile transport market.
  • Ballard will continue to play an important role in the alliance, driving the adoption of fuel cell systems in next generation transport solutions forward.

Fire Pump Controllers Market size to grow by USD 295.04 million from 2022 to 2027 | The increasing availability of IoT-enabled pump controllers to boost the market growth - Technavio

Retrieved on: 
Thursday, August 24, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- The fire pump controllers market size is estimated to grow by USD 295.04 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Aug. 23, 2023 /PRNewswire/ -- The fire pump controllers market size is estimated to grow by USD 295.04 million from 2022 to 2027, according to Technavio.
  • By geography, the fire pump controllers market is segmented into APAC, North America, Europe, the Middle East and Africa, and South America.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global fire pump controllers market.
  • Hence, such factors are expected to hinder the fire pump controllers market growth during the forecast period.

American Hydrocarbons/Haltermann Solutions and CFR Engines Inc. Announce Alliance for Global Distribution of Primary Reference Fuels

Retrieved on: 
Thursday, June 29, 2023

HOUSTON, June 29, 2023 /PRNewswire-PRWeb/ -- American Hydrocarbons/Haltermann Solutions and CFR Engines Inc. (CFR®) are pleased to announce an alliance for distribution of Primary Reference Fuels (PRF) on a global basis.

Key Points: 
  • American Hydrocarbons/Haltermann Solutions and CFR Engines Inc. (CFR®) are pleased to announce an alliance for distribution of Primary Reference Fuels (PRF) on a global basis.
  • HOUSTON, June 29, 2023 /PRNewswire-PRWeb/ -- American Hydrocarbons/Haltermann Solutions and CFR Engines Inc. (CFR®) are pleased to announce an alliance for distribution of Primary Reference Fuels (PRF) on a global basis.
  • Under the multi-year agreement, CFR – a world class manufacturer and designer of Octane, Cetane, and Aviation fuel rating test instruments used for the certification of Octane, Diesel, and Aviation fuels – will act as the exclusive global Distributor for all American Hydrocarbons/Haltermann Solutions PRF's outside of the United States.
  • American Hydrocarbons/Haltermann Solutions will continue to manufacture PRF's in Houston, Texas.