ODR

SBA Recognizes 2024 Phoenix Award Winners of the Year for Outstanding Disaster Recovery Efforts

Retrieved on: 
Tuesday, April 9, 2024
Uncertainty, PizzaExpress, Metropolitan, Face, SBA, Phoenix Award, EIDL, ODR, Coffee, National Small Business Week, City, Mental health, Chamber of commerce, Social media, Small business, Hope, Volunteering, 129th Field Artillery Regiment, Civil and political rights, Disaster recovery, Cross County, Arkansas, Commerce, Survivor, Small Business Administration, Tornado, Hurricane Ida, Parish, Counselor, Human

WASHINGTON, April 09, 2024 (GLOBE NEWSWIRE) -- Today,  Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2024 Phoenix Award winners for outstanding disaster recovery efforts by a small business, public official, and volunteer.

Key Points: 
  • WASHINGTON, April 09, 2024 (GLOBE NEWSWIRE) -- Today,  Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2024 Phoenix Award winners for outstanding disaster recovery efforts by a small business, public official, and volunteer.
  • “SBA’s 2024 Phoenix Award winners inspire us and remind us that even in the face of disaster, tragedy, or uncertainty, America at its core is about hope, possibilities, and an unwavering commitment to working together to strengthen our communities,” said Administrator Guzman.
  • “These honorees represent the power of determination and adaptability,” said Francisco Sánchez Jr. , Associate Administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration.
  • Jacqueline was first introduced to the SBA back in 2020, receiving an Economic Injury Disaster Loan (EIDL) due to the pandemic.

Limbach Holdings, Inc. Reports Fourth Quarter and 2023 Results

Retrieved on: 
Wednesday, March 13, 2024
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Building Systems, Emergency, United States Treasury security, Growth, EPS, ODR, Risk, ACME, Acquisition, Adjustment, GAAP, GCR, Health care

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the year ended December 31, 2023.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the year ended December 31, 2023.
  • “In 2023, we made tremendous progress executing our strategy to become a pure-play provider of buildings systems solutions.
  • In the fourth quarter, our consolidated revenue was by design slightly lower because of this action but going forward, this should provide greater flexibility and drive higher overall returns.
  • Working capital was $71.9 million at December 31, 2023, an increase of $4.9 million from December 31, 2022.

Processa Pharmaceuticals Issues Letter to Shareholders Highlighting Corporate Strategy, Drug Pipeline, and Outlook

Retrieved on: 
Wednesday, November 29, 2023
Forward, Quality of life, NGC, Science, Intellectual property, Metabolism, Drug development, FDA, Lung, NCE, Irinotecan, PCSA, Research, Cancer, Gastroparesis, Human, Capecitabine, IP, New chemical entity, Patient, Safety, Therapy, History, ODR, Pharmaceutical industry

That will not change under my direction, and much of my experience is in oncology and leading business transactions.

Key Points: 
  • That will not change under my direction, and much of my experience is in oncology and leading business transactions.
  • However, many issues and limitations are associated with the use of chemotherapy.
  • Many patients simply cannot tolerate a chemotherapy dose high enough to benefit from its use due to chemotherapy’s toxic side effects.
  • Working in our favor are deep management and R&D teams that have significant and direct experience in clinical drug development.

Limbach Holdings, Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
Engineering, HVAC, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, United States Treasury security, FY, IEEE/ACM Transactions on Computational Biology and Bioinformatics, SG, EBITDA, ACME, Acquisition, Air conditioning, Maintenance, GCR, Growth, ODR, Atmosphere of Earth, Decatur County Industrial Air Park, Borrowing base, Cryptocurrency, Airline, Health care, Iron ore, Retail, Security (finance), Bank

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended September 30, 2023.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended September 30, 2023.
  • Michael McCann, Limbach’s President and Chief Executive Officer, said, “Our third quarter results reflected continued success across all three pillars of our growth strategy.
  • Early in the third quarter, we acquired ACME Industrial based in Chattanooga, Tennessee, which is a tuck-in deal that we’re excited about.
  • During the third quarter, Limbach received $15.6 million of cash, net, from the settlement of a previously outstanding claim.

Limbach Holdings, Inc. Acquires Greensboro, NC – Based Specialty Mechanical Contractor Industrial Air, LLC

Retrieved on: 
Thursday, November 2, 2023
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Acquisition, Maintenance, Textile industry, ODR, Decatur County Industrial Air Park, Culture, IA, Film industry, Sales

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced the closing of the acquisition of Industrial Air, LLC (“IA”), a specialty mechanical contractor based in Greensboro, North Carolina, for an initial enterprise value of $13.5 million in an all-cash transaction.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced the closing of the acquisition of Industrial Air, LLC (“IA”), a specialty mechanical contractor based in Greensboro, North Carolina, for an initial enterprise value of $13.5 million in an all-cash transaction.
  • IA’s business model aligns well with Limbach’s focus on executing on ODR opportunities and providing critical solutions to owners of sophisticated manufacturing and process facilities.
  • IA expects to contribute on average an estimated $30.0 million in revenue and $4.0 million in EBITDA annually.
  • I am looking forward to continuing to lead the IA business unit, and to growing our presence in mission critical markets.”

The Trevor Project CTV Campaign with GumGum Gives Boosts Ad Recall by 21%

Retrieved on: 
Thursday, September 28, 2023
FAST, LGBTQ, ODR, CTV, The Trevor Project, Trevor, Marketing, DEIB, Attention, Organization, VOD, Sustainability, Social change, Integration, Nightclub

SANTA MONICA, Calif., Sept. 28, 2023 /PRNewswire-PRWeb/ -- GumGum, a contextual-first, global digital advertising platform, announces remarkable results of its pro-bono CTV In-Video campaign with The Trevor Project, the leading suicide prevention and crisis intervention organization for LGBTQ young people. The campaign, part of a new initiative by GumGum called GumGum Gives, is an integral part of GumGum's commitment to social impact as part of its recently announced global social impact pillars.

Key Points: 
  • The campaign, part of a new initiative by GumGum called GumGum Gives, is an integral part of GumGum's commitment to social impact as part of its recently announced global social impact pillars.
  • GumGum's collaboration with The Trevor Project underscores its commitment to leveraging advanced technology and creative content for positive social change.
  • The campaign results highlight the power of GumGum's In-Video CTV ad unit powered by its patented server-side ad insertion (SSAI) technology.
  • The Trevor Project's campaign with GumGum using the in-video ad unit significantly increased recall, with strong shifts across all audiences, most notably amongst the 18-34 age group.

SBA Tops Nearly $40 Million in Disaster Assistance Loans for Those Impacted by Maui Wildfires

Retrieved on: 
Thursday, September 7, 2023
Survivor, Federal Emergency Management Agency, BRC, Insurance, DRC, Telecommunications, Wildfire, Policy, EIDL, ODR, Fire, Disaster recovery, Speech, Organization, Self Control (Raf song), Hearing, SBA, FEMA, Small business, Federation

SACRAMENTO, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Today, SBA Administrator Isabella Casillas Guzman announced that the U.S. Small Business Administration (SBA) has approved nearly $40 million in federal disaster loans for Hawaii business owners and residents impacted by wildfires that began August 8.

Key Points: 
  • SACRAMENTO, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Today, SBA Administrator Isabella Casillas Guzman announced that the U.S. Small Business Administration (SBA) has approved nearly $40 million in federal disaster loans for Hawaii business owners and residents impacted by wildfires that began August 8.
  • The SBA, through its Disaster Field Operations Center West (FOCW), has approved nearly $8 million for businesses and more than $30 million for homeowners and renters to help rebuild and recover from this disaster.
  • For small businesses and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans (EIDL) to help meet working capital needs caused by the disaster.
  • Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance.

Triple-I Joining Aug. 24 LinkedIn Audio Panel on Disaster Preparedness

Retrieved on: 
Tuesday, August 15, 2023
Natural Disasters, Environment, Professional Services, Small Business, Insurance, Storm, IBHS, Small business, Emergency, Insurance Information Institute, National Oceanic and Atmospheric Administration, ODR, Fatality, Business, Disaster recovery, Chartered Insurance Institute, Category, EDT, Associate, Wind, United States Department of Homeland Security, Disaster, NOAA, Tornado, SBA, Weather, Federation, Risk management, Atlantic Ocean

In the midst of what’s expected to be an “above-average” 2023 Atlantic hurricane season, the Insurance Information Institute (Triple-I) is participating in a live LinkedIn Audio event on disaster preparedness on Thursday, Aug. 24, at 11:30 a.m., EDT.

Key Points: 
  • In the midst of what’s expected to be an “above-average” 2023 Atlantic hurricane season, the Insurance Information Institute (Triple-I) is participating in a live LinkedIn Audio event on disaster preparedness on Thursday, Aug. 24, at 11:30 a.m., EDT.
  • Ahead of the Storm: Disaster Prep and Recovery Chat for Small Businesses will be moderated by Armand Broady , host of the Insurance Institute for Business & Home Safety’s (IBHS) Disaster Discussions podcast.
  • According to NOAA, through Aug. 8, there have been 15 U.S. weather/climate disaster events this year with losses exceeding $1 billion each.
  • The LinkedIn Audio Event will be held only days before the start of National Preparedness Month .

Limbach Holdings, Inc. Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Engineering, HVAC, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Borrowing base, Maintenance, FY, GCR, United States Treasury security, ODR, ACME, Mergers and acquisitions, EBITDA, Acquisition, Investment, T&M, Cryptocurrency, Propane, Retail, Security (finance), Adjustment

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended June 30, 2023.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended June 30, 2023.
  • Net cash provided by operating activities of $16.9 million, compared to $15.6 million.
  • Following the end of the second quarter, we announced the acquisition of ACME Industrial Products based in Chattanooga, Tennessee.
  • Working capital was $71.9 million at June 30, 2023, an increase of $5.0 million from December 31, 2022.

Limbach Holdings, Inc. Acquires Chattanooga, TN – Based Specialty Industrial Contractor ACME Industrial Piping, LLC

Retrieved on: 
Wednesday, July 5, 2023
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Maintenance, ODR, ACME, Acquisition, Fortune 500, Emergency medical technician, Industrial, Retail, Sales

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced the closing of the acquisition of Chattanooga, TN-based specialty industrial contractor ACME Industrial Piping, LLC (“ACME”) for an enterprise value of $5 million in an all-cash transaction.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced the closing of the acquisition of Chattanooga, TN-based specialty industrial contractor ACME Industrial Piping, LLC (“ACME”) for an enterprise value of $5 million in an all-cash transaction.
  • ACME specializes in performing industrial maintenance, capital project work, and emergency services for specialty chemical and manufacturing clients, and is a leading mechanical solutions provider for hydroelectric producers.
  • ACME expects to contribute on average $10 million in revenue and in excess of $1 million in EBITDA annually.
  • Founded in 1968, ACME serves industrial customers in the greater Chattanooga, TN market and hydroelectric customers nationally, with a concentration in the Southeast region.