VAC

e-VAC Magnetics Receives Historic $111.9 Million Qualifying Advanced Energy Project Tax Credit for Construction of First U.S. Manufacturing Facility in South Carolina

Retrieved on: 
Tuesday, April 9, 2024
Magnet, Ara, GM, The Company, Neodymium magnet, VAC, EVS, Magnetism, Inflation, Defense, F-35

SUMTER, S.C., April 9, 2024 /PRNewswire/ -- e-VAC Magnetics ("e-VAC" or the "Company"), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced that it has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit ("Section 48c") to advance the construction of its first U.S. manufacturing facility in Sumter, South Carolina. The facility was one of more than 100 projects to receive an award under the Section 48c program, which is designed to help accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.

Key Points: 
  • e-VAC, which is part of Vacuumschmelze ("VAC Group" or "VAC"), produces rare earth neodymium-iron-boron (NdFeB) magnets, which are critical to automotive, defense, industrial and renewable energy applications.
  • The Company broke ground on the state-of-the-art facility in March, and expects to complete the facility in late fall 2025.
  • "e-VAC is proud to invest in America's 21st century supply chain and to advance clean energy manufacturing efforts," said VAC Group Chief Executive Officer Dr. Erik Eschen.
  • "This award demonstrates the importance of high-quality, high-performance magnetic materials, which are key enablers to electrification and energy efficiency across a range of industries.

iVaCay Launches ICO Campaign to Revolutionize Vacation Ownership

Retrieved on: 
Thursday, March 21, 2024
Growth, VAC, Travel, Sale, Experience, ICO, Investment, Potential, Ecosystem, Cryptocurrency

Unlocking the Potential of Experiential Travel: VacayCoin ICO Launch

Key Points: 
  • Unlocking the Potential of Experiential Travel: VacayCoin ICO Launch
    iVaCay's ICO campaign offers early access to VacayCoin, a groundbreaking platform that tokenizes vacation assets, providing fractional ownership and flexible trading opportunities.
  • Embracing Innovation in Vacation Ownership: iVaCay's Unique Utility Services
    iVaCay's utility services redefine vacation ownership, offering unparalleled flexibility, security, and transparency.
  • Through tokenization, iVaCay enables fractional ownership of vacation properties, facilitating liquidity and trading on blockchain-based platforms.
  • iVaCay's ongoing ICO campaign offers early investment in VacayCoin, a groundbreaking platform that merges blockchain technology with experiential travel.

Vishay Intertechnology Knob Potentiometers Simplify Designs and Optimize Costs for Industrial and Audio Applications

Retrieved on: 
Wednesday, March 20, 2024
IP67, VSH, Vishay Intertechnology, VAC

MALVERN, Pa., March 20, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced two new panel potentiometers featuring integrated knobs and IP67 sealing.

Key Points: 
  • MALVERN, Pa., March 20, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced two new panel potentiometers featuring integrated knobs and IP67 sealing.
  • Offering a high dielectric strength of 5000 VAC and power ratings up to 1 W at +40 °C, the Vishay Sfernice P16F and PA16F are designed to simplify designs and optimize costs in industrial and audio applications.
  • By integrating a knob with a panel potentiometer in a single component, the devices released today eliminate the need to purchase and assemble a separate knob.
  • The potentiometers are available with custom knob markings, resistance values, wires, and connectors, in addition to detent and switch options.

The Marriott Vacation Clubs™ Announces Expanding City Collection With New Waikiki Property Now Open for Booking

Retrieved on: 
Thursday, March 28, 2024
Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, Tourist Attractions, Bryant Park, Culture, Learning, Walking, VAC, The Custom House, Marriott Vacation Club, Museum, Clock Tower, Mayflower, Ghirardelli Square, City, History, Transport, Midtown Manhattan, Balboa Park, Loyalty, PIER, Gaslamp Quarter, San Diego, Collection, Marriott Vacations Worldwide, Ocean Drive, Heart, Restaurant, San Francisco Bay Area, Multimedia, Member, Custom House, Hotel

With that in mind, today the company announces The Marriott Vacation Clubs City Collection .

Key Points: 
  • With that in mind, today the company announces The Marriott Vacation Clubs City Collection .
  • (Photo: Business Wire)
    As part of the City Collection’s growing portfolio, Marriott Vacation Club® expects to open a seven-story vacation ownership property in Waikiki later this year.
  • Each City Collection property has a City Insider on-site to help maximize an Owner’s, Member’s or guest’s experience.
  • To learn more about The Marriott Vacation Clubs City Collection or to book a reservation, please visit www.MarriottVacationClubs.com .

Cyclic Materials and VACUUMSCHMELZE Partner to Recycle Critical Magnet Manufacturing By-products

Retrieved on: 
Monday, March 18, 2024
Other Energy, Natural Resources, Environment, Energy, Automotive, Recycling, Other Automotive, Mining, Minerals, Department of Defence, Pressure, Neodymium magnet, VAC, EVS, Carbon accounting, Partnership, Wind, Carbon, Magnetism, Cycle, Magnet, Rare-earth element

Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, today announced a partnership with VACUUMSCHMELZE (VAC), a leading developer of magnetic materials and solutions.

Key Points: 
  • Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, today announced a partnership with VACUUMSCHMELZE (VAC), a leading developer of magnetic materials and solutions.
  • The companies have signed an agreement ensuring that by-products containing critical materials used in high-performance permanent magnets will be recycled.
  • “Cyclic Materials’ mission is to ensure all permanent magnets are recycled back into the supply chain, reducing the pressure to open new mines,” says Ahmad Ghahreman, co-founder and CEO of Cyclic Materials.
  • “We are proud to work with Cyclic Materials to advance circularity of the critical materials required for the energy transition,” said Erik Eschen, CEO of VACUUMSCHMELZE.

Marriott Vacations Worldwide Completes $430 Million Term Securitization

Retrieved on: 
Thursday, March 14, 2024
Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, Tourist Attractions, MVW, Class, Note, Regulation, Sale, Marriott Vacations Worldwide, VAC, Security (finance)

Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $430 million securitization of vacation ownership loans, offered to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended.

Key Points: 
  • Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $430 million securitization of vacation ownership loans, offered to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended.
  • The notes have a blended interest rate of 5.48% and the gross advance rate was 98%.
  • The transaction was backed by a pool of approximately $439 million of vacation ownership loans from a variety of the Company’s timeshare brands.
  • Three classes of notes were issued by the Issuer, comprising approximately $284 million of Class A Notes, approximately $89 million of Class B Notes, and approximately $57 million of Class C Notes.

MAINGEAR Introduces PRO AI Workstations Featuring aiDAPTIV+ For Cost-Effective Large Language Model Training

Retrieved on: 
Monday, March 18, 2024
Intel, GM, Longevity, GPU, University, VAC, SSD, Noctua, Xeon, Memory, SAN, DRAM, PRO, Luigi, DDR5, AI, Software, LLM, MAINGEAR, TB, Solid-state drive, Privacy, NVIDIA, Representation theory, SHODAN, Sales

SAN JOSE, Calif., March 18, 2024 /PRNewswire/ -- MAINGEAR, a leading provider of high-performance custom PC systems, and Phison, a global leader in NAND controllers and storage solutions, today unveiled groundbreaking MAINGEAR PRO AI workstations with Phison's aiDAPTIV+ technology. Specifically engineered to democratize Large Language Model (LLM) development and training for small and medium-sized businesses (SMBs), these ultra-powerful workstations incorporate aiDAPTIV+ technology to deliver supercomputer LLM training capabilities at a fraction of the cost of traditional AI training servers.

Key Points: 
  • With aiDAPTIV+, MAINGEAR PRO AI workstations integrate caching SSDs to seamlessly optimize the execution of AI models within the limitations of available GPU and DRAM resources.
  • More PRO AI workstations can be added to seamlessly increase training data size and reduce training time.
  • "MAINGEAR's PRO AI workstations, driven by Phison aiDAPTIV+, empower users with large language model AI training prowess without excessive costs.
  • MAINGEAR PRO AI workstations with aiDAPTIV+ technology are poised to revolutionize the landscape for engineers crafting next-generation generative AI models.

Transtector Beefs Up Line of UL-Listed Polycarbonate NEMA Enclosures

Retrieved on: 
Thursday, March 14, 2024
UL, Theft, 4X, IP66, VAC, LAN, 3R, Electronics, IP68, IP, Water, Snow

IRVINE, Calif., March 14, 2024 /PRNewswire-PRWeb/ -- Transtector, an Infinite Electronics brand and a leading provider of end-to-end power and signal integrity solutions, has expanded its line of UL-listed polycarbonate NEMA enclosures. The new indoor/outdoor boxes have built-in power outlets and thermostat systems. They protect equipment from theft or damage, and are ideal for rapid deployment, corrosive environments, hotspot applications and remote wireless LAN Wi-Fi setups.

Key Points: 
  • Weatherproof Cabinets Have Thermostat Controls, Are Made for Rapid Setup
    IRVINE, Calif., March 14, 2024 /PRNewswire-PRWeb/ -- Transtector, an Infinite Electronics brand and a leading provider of end-to-end power and signal integrity solutions, has expanded its line of UL-listed polycarbonate NEMA enclosures .
  • "We've added these 20 new polycarb NEMA enclosures because we want our customers to be able to find the one that best meets their needs," said Product Line Manager Tim Houghton.
  • The new polycarb NEMA enclosures comprise almost two dozen models.
  • Transtector's new UL-listed polycarbonate NEMA enclosures are in stock and available for same-day shipment.

Transtector Beefs Up Line of UL-Listed Polycarbonate NEMA Enclosures

Retrieved on: 
Thursday, March 14, 2024
UL, Theft, 4X, IP66, VAC, LAN, 3R, Electronics, IP68, IP, Water, Snow, Electrical wiring

IRVINE, Calif., March 14, 2024 /PRNewswire/ -- Transtector, an Infinite Electronics brand and a leading provider of end-to-end power and signal integrity solutions, has expanded its line of UL-listed polycarbonate NEMA enclosures. The new indoor/outdoor boxes have built-in power outlets and thermostat systems. They protect equipment from theft or damage, and are ideal for rapid deployment, corrosive environments, hotspot applications and remote wireless LAN Wi-Fi setups.

Key Points: 
  • Weatherproof Cabinets Have Thermostat Controls, Are Made for Rapid Setup
    IRVINE, Calif., March 14, 2024 /PRNewswire/ -- Transtector, an Infinite Electronics brand and a leading provider of end-to-end power and signal integrity solutions, has expanded its line of UL-listed polycarbonate NEMA enclosures .
  • The new polycarb NEMA enclosures comprise almost two dozen models.
  • "These enclosures are rugged but lightweight, come in two sizes and two ingress protection levels, and can be mounted anywhere."
  • Transtector's new UL-listed polycarbonate NEMA enclosures are in stock and available for same-day shipment.

Marriott Vacations Worldwide to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum

Retrieved on: 
Thursday, February 29, 2024
Casino, Gaming, Entertainment, General Entertainment, Other Travel, Lodging, Tourist Attractions, Destinations, Vacation, Travel, VAC, Marriott Vacations Worldwide, PDT, Restaurant

Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a live fireside chat at the 2024 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum in Las Vegas, Nevada on Thursday, March 14, at 3:50 p.m. PDT.

Key Points: 
  • Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a live fireside chat at the 2024 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum in Las Vegas, Nevada on Thursday, March 14, at 3:50 p.m. PDT.
  • To tune in to the live presentation, please visit ir.mvwc.com .
  • Following the session, a recording will be available.