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Michael Happe of Winnebago Industries named Entrepreneur Of The Year® 2023 National Overall Award Winner

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Sunday, November 12, 2023
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PALM SPRINGS, Calif., Nov. 12, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Michael Happe , President and CEO of Winnebago Industries, a manufacturer of outdoor lifestyle products, has been named the Entrepreneur Of The Year ® 2023 National Overall Award winner.

Key Points: 
  • PALM SPRINGS, Calif., Nov. 12, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Michael Happe , President and CEO of Winnebago Industries, a manufacturer of outdoor lifestyle products, has been named the Entrepreneur Of The Year ® 2023 National Overall Award winner.
  • Happe was selected by an independent panel of judges from 224 Entrepreneur Of The Year regional winners from 197 companies across the US.
  • He has transformed Winnebago from a single brand motorhome company to a leading North American manufacturer of outdoor lifestyle products.
  • We are so excited to celebrate him as the Entrepreneur Of The Year 2023 National Overall Award winner."

Satisfi Labs Partners with accesso® to Make AI Accessible for the Tourism Industry

Retrieved on: 
Tuesday, March 14, 2023
Sport, Accesso, NLP, Natural language, Natural language processing, Intelligence, Apple Advanced Technology Group, Tourism, ROI, Organization, Patent, Customer service

TAMPA BAY, Fla., March 14, 2023 /PRNewswire/ -- Satisfi Labs, the leading conversational AI platform for destinations and experiences, today announced that it has partnered with accesso Technology Group, the premier technology solutions provider for attractions and venues worldwide. The strategic collaboration between the two companies will empower streamlined and intuitive engagement between leisure & entertainment venues and their guests with AI-driven customer communication.

Key Points: 
  • Satisfi Labs' AI Chat solutions are built by attractions and venues, for attractions and venues, leveraging a proprietary NLP and context response system.
  • Its AI Chat has been a cornerstone feature for organizations looking to help answer customer questions and transact revenue across sports, tourism, and entertainment.
  • Satisfi Labs recently announced a patent pending for its context-based Natural Language Processing (NLP) technology.
  • Satisfi Labs' proprietary training methods for its NLP technology allow for a deep and wide understanding of questions and revenue opportunities.

Servotronics, Inc. Enhances Strategic Focus with Additional Resources

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Tuesday, February 21, 2023
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ELMA, N.Y., Feb. 21, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has strengthened its leadership team in-line with its recently adopted strategic plan.

Key Points: 
  • "We are excited to welcome Dave and Joe to the Servotronics team.
  • His efforts will include the development of additional resources on the external facing sales team.
  • Mr. Bell has a tenured career in strategic implementation and will be assisting the Ontario Knife Company as the CPG business pursues profitable growth and continued operational excellence.
  • Mr. Bell will utilize his 30 years of experience to drive operational improvements as well as assisting in identifying and implementing future strategic plans for the business.

Winnebago Industries Demonstrates Strength and Resilience of Portfolio and Presents 2025 Strategic Plan Targets at 2022 Investor Day

Retrieved on: 
Tuesday, November 15, 2022
Marketing, COVID-19, Growth, Winnebago Industries, Chris Craft, EBITDA, Risk, Climate change, EDEN, Happe, Face, WGO, The Grand Design, Security (finance), NYSE, Winnebago, Name, Apple Advanced Technology Group, Advanced Technology Group, Management, Retail, Risk management, To Wong Foo, Thanks for Everything! Julie Newmar, Lake Lanier Islands, Barletta, RV

Winnebago Industries President and Chief Executive Officer, Michael Happe, and other members of the Winnebago Industries leadership team provided 2025 strategic plan targets as well as an overview of the Companys long-term strategies, business updates and perspective on the outdoor lifestyle industry.

Key Points: 
  • Winnebago Industries President and Chief Executive Officer, Michael Happe, and other members of the Winnebago Industries leadership team provided 2025 strategic plan targets as well as an overview of the Companys long-term strategies, business updates and perspective on the outdoor lifestyle industry.
  • He also noted that Winnebago Industries has a strong track record of performance, growing revenue from $1 billion to $5 billion between Fiscal 2016 and 2022.
  • Happe also discussed Winnebago Industries ability to perform through economic cycles, win in the marketplace and create value for shareholders.
  • Happe and Chief Financial Officer Bryan Hughes revealed Winnebago Industries 2025 strategic plan targets.

Winnebago Industries to Establish Dedicated Research and Development Facility

Retrieved on: 
Tuesday, November 15, 2022
Winnebago Industries, Chris Craft, Minneapolis–Saint Paul, EDEN, WGO, The Grand Design, ATG, NYSE, Winnebago, Research, Advanced technology, Ecosystem, Apple Advanced Technology Group, Advanced Technology Group, Renewable energy, To Wong Foo, Thanks for Everything! Julie Newmar, Barletta, RV

EDEN PRAIRIE, Minn., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced the development of a new facility and expanded resources dedicated to innovating next-generation technologies for the recreational vehicle and marine industries.

Key Points: 
  • EDEN PRAIRIE, Minn., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced the development of a new facility and expanded resources dedicated to innovating next-generation technologies for the recreational vehicle and marine industries.
  • Development of the Advanced Technology Innovation Center, which will be located in the Twin Cities, will begin in early 2023.
  • We are committing to combining Winnebago Industries growing bench of research and development talent, new technology applications and a growing ecosystem of technology partners under one roof.
  • For access to Winnebago Industries' investor relations material or to add your name to an automatic email list for Company news releases, visit http://investor.wgo.net .

Servotronics Announces Financial Results for Third Quarter 2022

Retrieved on: 
Monday, November 14, 2022
SG, U.S. Securities and Exchange Commission, Security (finance), Survival, Government, News, Forward-looking statement, Aircraft, CPG, Company, Aviation, Servotron, ATG, Private Securities Litigation Reform Act, COVID-19, Advanced Technology Group, Apple Advanced Technology Group, Video game, Bank

ELMA, N.Y., Nov. 14, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the quarter and nine months ended September 30, 2022.

Key Points: 
  • Gross profit as a percentage of revenue was 13.9% in 2022, declining from 16.2% in last year's quarter.
  • A reduction in third quarter 2022 selling, general and administrative expenses (SG&A) was driven by lower legal fees at the ATG and the elimination of non-recurring legal settlements in 2021 for both segments.
  • Third quarter SG&A was $1.9 million in 2022, compared to $4.6 million last year which included $1.9 million of legal settlements.
  • Third quarter SG&A as a percentage of revenue improved to 17.7% in 2022 from 42.2% last year.

SERVOTRONICS, INC. PROVIDES LETTER TO STAKEHOLDERS

Retrieved on: 
Tuesday, November 1, 2022
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ELMA, N.Y., Nov. 1, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American SVT) a designer and manufacturer of servo-control components and other advanced technology products today made available a letter to stakeholders from William F. Farrell, Jr., Chief Executive Officer.

Key Points: 
  • ELMA, N.Y., Nov. 1, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American SVT) a designer and manufacturer of servo-control components and other advanced technology products today made available a letter to stakeholders from William F. Farrell, Jr., Chief Executive Officer.
  • The letter provides an initial update on the Company's strategic plan that was developed by the Company's leadership team over the past six months.
  • A copy of the letter is available on the Company's website at www.servotronics.com .
  • The Company is composed of two groups the Advanced Technology Group (ATG) and the Consumer Products Group (CPG).

MCNC names Director of Innovation

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Monday, October 24, 2022
Health, LinkedIn, Color, NC, North Carolina State University, Technology, IBM, Growth, RESEARCH, Bed, Public sector, YouTube, Education, Library, PARK, Private sector, Twitter, Research, Facebook, University, AWS, Solution, Science and Technology Education Innovation Center, Ecosystem, Emer, Internet, Apple Advanced Technology Group, Kiwi Advanced Research and Education Network, Strategic technology plan, Amazon Web Services, Policy, Local government, Renewable energy, Management, Public relations

RESEARCH TRIANGLE PARK, N.C., Oct. 24, 2022 /PRNewswire/ -- MCNC has filled a new role aimed to drive the overall innovation strategy across the organization's businesses, services, and operations. This senior position will be a key contributor to MCNC's future, building on more than 40 years of technology leadership in North Carolina and defining a roadmap for growth and sustainability over the next decade.

Key Points: 
  • "When we bring someone like Phil into MCNC it gives us an opportunity to see things in new and exciting ways," said MCNC President and CEO Tracy Doaks.
  • His approach to building collaborative relationships will showcase MCNC as a vibrant hub for innovation, growing access to advanced technology across North Carolina."
  • "It's an exciting time to join the MCNC team and to help build the organization's innovation ecosystem," said Emer.
  • With over 40 years of innovation, MCNC provides high-performance services for education, research, libraries, healthcare, public safety, and other community anchor institutions throughout North Carolina.

Cycling Event Tracking Contract with NTT

Retrieved on: 
Tuesday, May 31, 2022
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OTAQ, the marine technology products and solutions group for the global aquaculture, offshore energy and the sport and leisure industries, announces the continuation of its relationship with NTT Ltd following the award of a contract to deliver OTAQs bespoke precision tracking devices for a major cycling event in France.

Key Points: 
  • OTAQ, the marine technology products and solutions group for the global aquaculture, offshore energy and the sport and leisure industries, announces the continuation of its relationship with NTT Ltd following the award of a contract to deliver OTAQs bespoke precision tracking devices for a major cycling event in France.
  • NTT Ltd is part of a 70bn revenue technology communications group.
  • This commercial contract follows extensive trials across differing environments and endorses our approach to developing the product suite for different applications and markets using our core technology.
  • Tim Wade, Vice-President, Advance Technology Group at NTT, added: OTAQs tracking device gives us very high precision tracking of assets without the need for costly additional infrastructure compared to the alternatives.

Servotronics Names William Farrell, Jr. to Serve as Chief Executive Officer

Retrieved on: 
Thursday, April 21, 2022
Aircraft, News, Board, Moog, CEO, Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo, Government, ATG, U.S. Securities and Exchange Commission, COVID-19, Security (finance), Trust, Marine Aircraft Group 24, Apple Advanced Technology Group, Aviation, State university system, Buffalo, Chengdu Aircraft Industry Group, Ethics, Private Securities Litigation Reform Act, NYSE American, SVT, Automation, Engineering, COO, Workforce, M.B.A, Growth, Advanced Technology Group, Director, Company, CPG, Bill, Forward-looking statement, Moog Inc., History, NYSE, Optimism, Safety, Development, Notre Dame, University, Industrial group, Survival, Management, Public relations, Servotron, Western New York

ELMA, N.Y., April 21, 2022 /PRNewswire/ -- The Board of Servotronics, Inc. (NYSE American – SVT) announced that it appointed William F. Farrell, Jr. to serve as Chief Executive Officer of the designer and manufacturer of servo-control components and other advanced technology products, effective April 25.

Key Points: 
  • Mr. Farrell was also appointed to serve on the Board of Directors of the company, effective April 25.
  • The Board intends to nominate him to stand for election at Servotronics' 2022 annual meeting of shareholders.
  • "On behalf of the Board, it is my privilege to welcome Bill as CEO and a Director of the company," Servotronics Director Edward C. Cosgrove, Esq.
  • We are very excited to have an executive of Bill's caliber joining Servotronics at this transformational time in its history."