United States Commercial Service

Gov. Holcomb, IEDC announce generational multi-billion-dollar investment to make Indiana leader in semiconductor packaging

Retrieved on: 
Wednesday, April 3, 2024

The facility will also develop future generations of chips and house an advanced packaging R&D line.

Key Points: 
  • The facility will also develop future generations of chips and house an advanced packaging R&D line.
  • “We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung.
  • “We believe this project will lay the foundation for a new Silicon Heartland; a semiconductor ecosystem centered in the Midwest Triangle.
  • The IEDC also committed up to $45 million through the Industrial Development Grant Fund to support infrastructure improvements surrounding the new plant.

Coupang Partners with the U.S. Department of Commerce to Co-host EMPOWER Asia Webinars to Promote U.S. Exports

Retrieved on: 
Tuesday, March 5, 2024

While special focus was placed on women-owned businesses, the sessions were open to all U.S. sellers and business owners.

Key Points: 
  • While special focus was placed on women-owned businesses, the sessions were open to all U.S. sellers and business owners.
  • In line with the Department’s strategic objective to support international economic cooperation, advancement of underrepresented communities, and U.S. exports, ITA’s EMPOWER Asia (Export Markets Providing Opportunities for Women’s Economic Rise in Asia) is focused on increasing the number of U.S. women-owned businesses that export to Asia by leveraging ITA’s expertise.
  • Coupang also answered live questions from attendees, covering a range of topics about how to do business and succeed on Coupang’s platform.
  • Through our platform, Coupang is uniquely positioned to accelerate increased U.S. exports to Asia and the other important objective we share with the Commerce Department to advance women-owned businesses and leadership.”
    1 Euromonitor International Retailing 2024, Consumer Foodservice 2024, and Travel 2024

Marriott Vacations Worldwide Announces New Executive Roles to Support Future Growth

Retrieved on: 
Thursday, December 14, 2023

Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announces today a new organizational structure aimed at driving long-term, sustainable growth across its vacation ownership business, exchange and third-party management segment and future travel-related products and services.

Key Points: 
  • Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announces today a new organizational structure aimed at driving long-term, sustainable growth across its vacation ownership business, exchange and third-party management segment and future travel-related products and services.
  • With the previously announced 2024 retirement of Jeanette Marbert, President, Exchange and Third-Party Management, two executive roles have been created as part of MVW’s senior leadership team to best support the Company’s growth strategies to deliver consistent performance.
  • Lori Gustafson will expand her responsibilities as Executive Vice President and Chief Membership & Commercial Services Officer as the Company aligns membership, travel services and brand and digital teams under one organization to support the Company’s future growth strategies.
  • "This is the ideal time to realign our organizational structure to support the anticipated growth both for our exchange and membership business as well as the travel-related products and services category,” said John Geller, President and Chief Executive Officer, Marriott Vacations Worldwide.

Hyatt Strengthens Luxury Portfolio With 35+ Planned Hotels and Resorts to Open Through 2025 in Highly Sought-After Destinations Across the Globe

Retrieved on: 
Wednesday, December 6, 2023

With 70% of its rooms categorized as luxury and upper upscale, the Hyatt portfolio has grown to meet increased demands for luxury and resort accommodations while upholding consistent, top-tier quality, personalized experiences, and bespoke service.

Key Points: 
  • With 70% of its rooms categorized as luxury and upper upscale, the Hyatt portfolio has grown to meet increased demands for luxury and resort accommodations while upholding consistent, top-tier quality, personalized experiences, and bespoke service.
  • In turn, Hyatt’s luxury portfolio is expanding to meet that demand in new international markets.
  • The integration planned for the near future will unlock direct booking access to hundreds more boutique and luxury hotels including in 20+ countries where there are currently no Hyatt hotels.
  • Timeless Collection hotels deliver the comforts of a home away from home with a consistently elevated experience, with exciting openings including:

Nabil Aitoumeziane Named President of FSi Strategies

Retrieved on: 
Tuesday, December 5, 2023

VIENNA, Va., Dec. 5, 2023 /PRNewswire/ -- FSi Strategies, a leading provider in Managed IT Services and Professional IT Services, is excited to announce that Nabil Aitoumeziane, who has served as Executive Vice President of the company for 14 years, will be taking on the role of President.

Key Points: 
  • VIENNA, Va., Dec. 5, 2023 /PRNewswire/ -- FSi Strategies, a leading provider in Managed IT Services and Professional IT Services, is excited to announce that Nabil Aitoumeziane, who has served as Executive Vice President of the company for 14 years, will be taking on the role of President.
  • Later, Aitoumeziane became a cofounder of LDM Networks, Inc., where he served as Vice President of Marketing and Sales until he joined FSi Strategies in 2007 as Vice President of Commercial Services.
  • "I am honored to be the new president of FSi Strategies.
  • FSi Strategies is a customer-centric Microsoft Partner providing Microsoft Managed IT and Professional Services with over 20 years of experience.

MyTradeZone.com Joins Certified Trade Mission to Hong Kong to Explore Business Expansion Opportunities in Asia

Retrieved on: 
Tuesday, November 28, 2023

Bachir Kassir, founder of MyTradeZone, will join a delegation of American companies to Hong Kong as part of a U.S. Department of Commerce Certified Trade Mission organized by IBS Global Consulting with the support of the Hong Kong Trade Development Council and the U.S. Commercial Service.

Key Points: 
  • Bachir Kassir, founder of MyTradeZone, will join a delegation of American companies to Hong Kong as part of a U.S. Department of Commerce Certified Trade Mission organized by IBS Global Consulting with the support of the Hong Kong Trade Development Council and the U.S. Commercial Service.
  • The delegation, comprising a diverse group of American companies, aims to foster cross-border partnerships, explore export opportunities, and deepen economic ties between the United States and Hong Kong.
  • The visit to Hong Kong presents an exciting opportunity for MyTradeZone.com to expand its global reach, tap into new markets, and establish key connections with Hong Kong's dynamic business community and trade associations.
  • The visit to Hong Kong aims to enhance trade cooperation and seeks to highlight the enduring friendship between the United States and Hong Kong.

Verra Mobility Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

MESA, Ariz., Nov. 9, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the third quarter ended September 30, 2023.

Key Points: 
  • MESA, Ariz., Nov. 9, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the third quarter ended September 30, 2023.
  • "Our team delivered tremendous results for the third quarter, highlighted by strong recurring revenue growth and free cash flow generation," said David Roberts, President and CEO, Verra Mobility.
  • Revenue: Total revenue for the third quarter of 2023 was $209.9 million, an increase of 6% compared to $197.7 million for the third quarter of 2022.
  • Adjusted Earnings Per Share (EPS): Adjusted EPS for the third quarter of 2023 was $0.29 per share compared to $0.27 per share for the third quarter of 2022.

QPharma Names Badal Shah as President of Neolytica, Recognizing His Position as a Founder

Retrieved on: 
Wednesday, November 8, 2023

QPharma , a compliance and commercial services leader in the life sciences industry, is thrilled to announce Mr. Badal Shah, B.Pharm, M.B.S, as President of Neolytica , its healthcare analytics division.

Key Points: 
  • QPharma , a compliance and commercial services leader in the life sciences industry, is thrilled to announce Mr. Badal Shah, B.Pharm, M.B.S, as President of Neolytica , its healthcare analytics division.
  • View the full release here: https://www.businesswire.com/news/home/20231108114732/en/
    QPharma, a technology and solutions leader in the life science industry, is thrilled to announce Mr. Badal Shah, as President of Neolytica.
  • Reno Amadori, QPharma CEO, mentioned "We take great pride in announcing Mr. Badal Shah as the Founder & President of Neolytica.
  • Mr. Shah remarked, "Honored to be recognized as a founder and assume the role of President.

Assent Expands C-Suite Expertise with New Leadership to Fuel Global Expansion of Supply Chain Sustainability Platform

Retrieved on: 
Tuesday, November 7, 2023

Assent Inc. (Assent), a leading solution provider in supply chain sustainability management, is fueling its rapid growth plans with the addition of Andrew Holyome as chief information officer and Tanya Weston as general counsel.

Key Points: 
  • Assent Inc. (Assent), a leading solution provider in supply chain sustainability management, is fueling its rapid growth plans with the addition of Andrew Holyome as chief information officer and Tanya Weston as general counsel.
  • View the full release here: https://www.businesswire.com/news/home/20231107048986/en/
    Assent Inc. (Assent), a leading solution provider in supply chain sustainability management, is fueling its rapid growth plans with the addition of Andrew Holyome as chief information officer and Tanya Weston as general counsel.
  • Before joining Assent in 2021, Andrew held pivotal technology and program leadership roles at Payments Canada, IBM, MD Financial Management, and Pythian.
  • “Assent works hand-in-hand with manufacturers on their journey to enhance supply chain sustainability programs, and we are proud to have the expertise in place to continue to strengthen our market leadership.”

Page and Davis Brody Bond Join Forces Expanding New York City Presence

Retrieved on: 
Thursday, November 2, 2023

Page , a leading multidisciplinary design, architecture, and engineering firm, today announced that Davis Brody Bond has joined its team to expand its presence in New York City.

Key Points: 
  • Page , a leading multidisciplinary design, architecture, and engineering firm, today announced that Davis Brody Bond has joined its team to expand its presence in New York City.
  • “For several years, we’ve been thoughtfully assessing the best way to extend our presence into New York City, and given our past collaboration with Davis Brody Bond, we knew the firm shared our design ethos and client-first approach.
  • Davis Brody Bond partners -- Steven Davis, FAIA, Will Paxson, AIA, LEED, Carl Krebs, FAIA, and Christopher Grabé, FAIA LEED-- will become principals at Page.
  • All of Davis Brody Bond’s employees will also be joining Page.