Other Manufacturing

Green Plains Unveils New Specialty Feed Ingredient Brand

Retrieved on: 
Thursday, April 4, 2024
Other Energy, Manufacturing, Agriculture, Alternative Energy, Natural Resources, Energy, Other Manufacturing, Sequence, Certification, Multimedia, Research, Innovation, FSSC, Food safety, FSSC 22000, Global Food Safety Initiative, Animal feed

Green Plains Inc. (NASDAQ:GPRE) today unveiled a new brand for its specialty feed ingredient, reflecting its quality performance, versatile formulation opportunities, proven nutritional benefits, digestibility and low carbon footprint.

Key Points: 
  • Green Plains Inc. (NASDAQ:GPRE) today unveiled a new brand for its specialty feed ingredient, reflecting its quality performance, versatile formulation opportunities, proven nutritional benefits, digestibility and low carbon footprint.
  • View the full release here: https://www.businesswire.com/news/home/20240404787432/en/
    Sequence™, a foundational feed ingredient produced at scale using proprietary mechanical separation technology, delivers a combination of corn and yeast protein, concentrated at a minimum of 60%.
  • Green Plains has also achieved FSSC 22000 certification at multiple facilities, illustrating its strict adherence to food safety management specifications recognized by the Global Food Safety Initiative.
  • “It is the first specialty ingredient of its kind with proven digestive benefits and is produced exclusively at Green Plains’ biorefineries.

NUBURU Announces a $3 Million Dollar Capital Infusion by Strategic Investors and New Customer Orders

Retrieved on: 
Thursday, April 4, 2024
Hardware, Manufacturing, Other Manufacturing, Technology, Machine Tools, Metalworking & Metallurgy, EV, Knowledge, Acquisition, Risk management, Welding

Brian Knaley, the Company’s CEO, noted that, “The customer qualification process for our products can be lengthy and complex, but we are finally seeing the fruits of our efforts.

Key Points: 
  • Brian Knaley, the Company’s CEO, noted that, “The customer qualification process for our products can be lengthy and complex, but we are finally seeing the fruits of our efforts.
  • We have orders to fill in critical new markets and with new customers and we believe this investment will accelerate our fulfillment process and path towards consistent revenue generation.
  • Alessandro Zamboni, an experienced leader in the fintech industry, has led the charge on this strategic investment, as he seeks to bring his knowledge and past successes to NUBURU.
  • These changes would allow for the acquisition of additional assets and the strategic diversification of the Company’s business.

o9 Transforms Integrated Planning and Decisioning With GenAI-Powered Innovations to Its Digital Brain Platform

Retrieved on: 
Thursday, April 4, 2024
Retail, Data Management, Energy, Manufacturing, Technology, Professional Services, Supply Chain Management, Artificial Intelligence, General Automotive, Transport, Other Manufacturing, Automotive, Software, Logistics, Other Energy, Data Analytics, Knowledge, Synthetic media, Arasu, AI, Enterprise, Organization, EKG, Generative, Sales

o9’s trailblazing Digital Brain platform with its EKG model at the core had strong AI roots from the very inception.

Key Points: 
  • o9’s trailblazing Digital Brain platform with its EKG model at the core had strong AI roots from the very inception.
  • It has driven significant value by bringing siloes across supply chain, finance, and sales onto a single collaborative planning platform.
  • Chakri Gottemukkala, o9 Co-Founder and CEO, said, “The AI roots of our Digital Brain platform give us a significant edge in the usage of GenAI.
  • While our Digital Brain platform was transformative in the scope of integrated planning, there were some constraints limiting the level of knowledge being ingested and modeled in the EKG.

Custom Made Meals Acquires Jacksonville, Florida Manufacturing Assets of Hearthside Food Solutions

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Retail, Manufacturing, Supermarket, Finance, Other Manufacturing, Food, Beverage, CMM, USDA, Dean Foods, FDA, Winston & Strawn, Acquisition

Custom Made Meals LLC (“CMM”), a leading supplier of fresh, oven-ready entrees, appetizers, and sides for grocery retailers and food service distributors, announced today that it has acquired Hearthside Food Solutions’ (“Hearthside”) ready-to-cook and ready-to-heat manufacturing assets in Jacksonville, FL (“Hearthside Jacksonville”).

Key Points: 
  • Custom Made Meals LLC (“CMM”), a leading supplier of fresh, oven-ready entrees, appetizers, and sides for grocery retailers and food service distributors, announced today that it has acquired Hearthside Food Solutions’ (“Hearthside”) ready-to-cook and ready-to-heat manufacturing assets in Jacksonville, FL (“Hearthside Jacksonville”).
  • This is CMM’s first acquisition under Stellex Capital Management (“Stellex”), a private equity firm that invests in middle market companies in North America and Europe.
  • Hearthside Jacksonville is a provider of value-added, chef-curated meal and appetizer solutions to grocery chains and food service distributors across the Eastern United States.
  • Built in 2005, the well-regarded facility manufactures a broad portfolio of products ranging from fresh products to refrigerated kits, raw proteins, and ready-to-cook and ready-to-heat meals.

Bureau Veritas Undertakes a Buyback of c.0.8% of Its Shares Under the Accelerated Placement Announced by Wendel

Retrieved on: 
Thursday, April 4, 2024
Supply Chain Management, Consumer Electronics, Retail, Technology, Manufacturing, Other Technology, Other Manufacturing, Annual, EUR, TIC, Share repurchase, Bureau Veritas, Acquisition, Capital market, Veritas, Inspection, Security (finance)

This buyback is carried out by way of participation in the accelerated bookbuilding process to institutional investors, including Lac1, managed by Bpifrance, as announced by Wendel today.

Key Points: 
  • This buyback is carried out by way of participation in the accelerated bookbuilding process to institutional investors, including Lac1, managed by Bpifrance, as announced by Wendel today.
  • Wendel remains Bureau Veritas’ largest shareholder after the completion of this transaction, with c.26% of the share capital and c.41% of the voting rights.
  • Lac1, managed by Bpifrance, will become a new cornerstone investor with c.4% of the share capital.
  • The share buyback price will be equal to the price resulting from the placement procedure and the building of the order book.

Barnes Announces Completion of Previously Announced Sale of Associated Spring™ and Hänggi™ Businesses

Retrieved on: 
Thursday, April 4, 2024
Engineering, Chemicals, Plastics, Aerospace, Manufacturing, Other Manufacturing, Steel, Barnes Group, Sale, Acquisition, Associated

Barnes Group Inc. (NYSE: B) today announced the completion of its previously announced sale of its Associated Spring™ and Hänggi™ businesses to One Equity Partners.

Key Points: 
  • Barnes Group Inc. (NYSE: B) today announced the completion of its previously announced sale of its Associated Spring™ and Hänggi™ businesses to One Equity Partners.
  • “The sale of Associated Spring and Hänggi businesses is an important step in our ongoing portfolio optimization strategy to deliver improved shareholder value,” said President and CEO Thomas Hook.
  • “This divestiture forwards our progress to integrate, consolidate and rationalize our Industrial business, while our recent acquisition of MB Aerospace greatly scales our Aerospace business.
  • Net cash proceeds of approximately $140 million will be used to reduce debt.

What’s Clogging the Pipes? The Largest Sewage Collection Study Has the Answers

Retrieved on: 
Thursday, April 4, 2024
Men, Public Policy, Government, Family, Consumer, Other Manufacturing, Utilities, Other Communications, Packaging, Energy, State, Local, Communications, Manufacturing, Sustainability, Environment, Women, Seniors, Environmental Issues, IEUA, Health, Education, Inland Empire Utilities Agency, Multi, Wind, Collection, Wet wipe, CASA, INDA, Multimedia, RFA, Tissue paper

View the full release here: https://www.businesswire.com/news/home/20240404583771/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240404583771/en/
    A recent sewage collection study finds that consumers need to stop flushing paper towels, baby wipes, and other wipes labeled with the "Do Not Flush" symbol.
  • Kennedy Jenks , an independent engineering firm, designed the study and compiled the findings into the report.
  • Extrapolating from the results of this study, refraining from flushing “Do Not Flush” labeled wipes, paper products and feminine hygiene products would capture over 90% of items clogging sewers.
  • Multi-media assets regarding the collection study:
    Video explaining the collection study: https://youtu.be/L-UD6KB8AVA?si=RJlPuxzkhZk3REDE

RPM Reports Record Fiscal 2024 Third-Quarter Results

Retrieved on: 
Thursday, April 4, 2024
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Chemicals, Plastics, Home Goods, Manufacturing, Building Systems, Retail, Residential Building & Real Estate, Consumer, Absorption, Consolidated, Webcast, Capital expenditure, DIY, RPM International, CPG, MAP, SPG, Investment, Rationalization, PCG, RPM, Music

During the first nine months of fiscal 2024:

Key Points: 
  • During the first nine months of fiscal 2024:
    Cash provided by operating activities was $941.1 million compared to $263.0 million in the prior-year period.
  • CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.
  • The company expects the following in the full-year fiscal 2024:
    Consolidated sales to increase near the midpoint of the previous outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.
  • For those unable to listen to the live call, a replay will be available from April 4, 2024, until April 11, 2024.

First Solar, Inc. to Announce First Quarter 2024 Financial Results on May 1, 2024

Retrieved on: 
Thursday, April 4, 2024
Other Energy, Environment, Manufacturing, Alternative Energy, Energy, Other Manufacturing, FSLR, Conference, First Solar

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.

Key Points: 

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.
Conference Call Details are as follows:
Outside of the United States: 1-647-362-9199

Velo3D Announces Bookings Totaling $27 Million Since Mid-December – Backlog Now Totals $23 Million

Retrieved on: 
Thursday, April 4, 2024
Machine Tools, Metalworking & Metallurgy, Technology, Other Technology, Manufacturing, Other Manufacturing, Hardware, VLD, Bank statement, Sapphire, Defense, 3D

Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has received purchase orders totaling $27 million since mid-December 2023.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has received purchase orders totaling $27 million since mid-December 2023.
  • The company ended the first quarter of 2024 with bookings of $17 million and the company’s backlog at the end of the first quarter was $23 million, with system deliveries expected to start in the second quarter of 2024.
  • The company expects to start shipping these orders in the early part of the second quarter of 2024.
  • Operating expenses, excluding one-time charges and stock-based compensation expense, will be in the range of $13 million to $18 million.