Shared services center

Applied Industrial Technologies Reports Fiscal 2023 Second Quarter Results

Retrieved on: 
Thursday, January 26, 2023
Other Manufacturing, Electronic Design Automation, Machinery, Engineering, Chemicals, Plastics, Technology, Manufacturing, Other Technology, EPS, Micro Engineering Solutions, Investment, Applied Industrial Technologies, NYSE, Acquisition, Network Automation, Inc. v. Advanced Systems Concepts, Inc., EBITDA, AIT, MRO, International, Growth, Environment, Shared services center, Retail, Automation

Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2023 second quarter ended December 31, 2022.

Key Points: 
  • Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2023 second quarter ended December 31, 2022.
  • Net sales for the quarter increased 20.9% to $1.1 billion from $876.9 million in the prior year.
  • Excluding these factors, sales increased 21.1% on an organic basis across both the Service Center segment and Engineered Solutions segment.
  • Neil A. Schrimsher, Applied’s President & Chief Executive Officer, commented, “We had another solid quarter with organic sales growth exceeding 21% against difficult comparisons.

PC-Doctor Introduces the All-New PC-Doctor Drive Erase

Retrieved on: 
Monday, January 9, 2023
Mac, Chrome OS, Data erasure, NVM Express, OPAL, Support, PDF, Intel, Shared services center, Android, MultiMediaCard, HPA, DCO, Programming productivity, Satellite navigation device, Video game, Office supplies

RENO, Nev., Jan. 9, 2023 /PRNewswire-PRWeb/ -- PC-Doctor, Inc., the global leader in PC, Android, Chrome OS, and Intel-based Mac system health technologies, today announced the addition of PC-Doctor Service Center Drive Erase to its lineup of industry-leading hardware diagnostic tools. PC-Doctor diagnostic tools are used by technicians globally, providing industry standard diagnostics, secure drive erasure, and the most extensive system information available, along with professionally branded reports. Service Center Drive Erase takes things one step further, offering a standalone version of its popular drive erase software already available with Service Center kits.

Key Points: 
  • PC-Doctor, Inc., the global leader in system health, introduced a standalone version of its popular drive erase software– Service Center Drive Erase.
  • Service Center Drive Erase takes things one step further, offering a standalone version of its popular drive erase software already available with Service Center kits.
  • Service Center Drive Erase is powered by the same technology used by the world's largest original equipment manufacturers for almost 30 years—now with drive erasure available as a standalone offering for personal or commercial use.
  • "PC-Doctor Drive Erase simplifies the approach to pricing and licensing, employing the same easy-to-use drive erasure software that Service Center technicians have been using alongside PC-Doctor hardware diagnostics for years."

Mercury Broadband Opens New Ann Arbor Area Service Center in Saline, Michigan

Retrieved on: 
Wednesday, January 4, 2023
Service, Entrepreneurship, Ann, Suite, Wells State Park (Michigan), FCC, Shared services center, Broadband, High, Mercury, Home, Internet service provider

MISSION, Kan., Jan. 4, 2023 /PRNewswire-PRWeb/ -- Garrett Wiseman, Co-Founder and Chief Executive of Mercury Broadband announced today the official opening of the company's new Ann Arbor area Service Center located at 1300 Tefft Ct., Suite 1, Saline, Michigan. Mercury Broadband currently provides reliable High Speed Internet services to homes and businesses in the rural and surrounding areas across Washtenaw County and will also expand into the counties of Hillsdale, Lenawee, Monroe, Jackson, Wayne, Ingham, and Livingston. Justin Girardot has been named the General Manager and leads the company's efforts in this new Service Center region.

Key Points: 
  • MISSION, Kan., Jan. 4, 2023 /PRNewswire-PRWeb/ -- Garrett Wiseman, Co-Founder and Chief Executive of Mercury Broadband announced today the official opening of the company's new Ann Arbor area Service Center located at 1300 Tefft Ct., Suite 1, Saline, Michigan.
  • Justin Girardot has been named the General Manager and leads the company's efforts in this new Service Center region.
  • "We are very excited to officially open our new Ann Arbor area Service Center and expand our broadband services to the Ann Arbor/Jackson areas", said Mr. Wiseman.
  • Mercury Broadband has actually already been providing services in the Ann Arbor area for several months as part of a limited market trial and testing process.

The Pennant Group Announces Share Repurchase Program

Retrieved on: 
Tuesday, December 13, 2022
Acquisition, Service, Pennant, Shared services center, Growth, Share repurchase, Property management, EAGLE

EAGLE, Idaho, Dec. 13, 2022 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that its Board of Directors has approved a share repurchase program under which the Company may repurchase its common stock.

Key Points: 
  • EAGLE, Idaho, Dec. 13, 2022 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that its Board of Directors has approved a share repurchase program under which the Company may repurchase its common stock.
  • “We are committed to strategically deploying capital to drive growth and long-term value for Pennant stockholders.
  • Under the share repurchase program, the Company may repurchase shares from time to time through open market purchases, including through the use of trading plans intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
  • More information about Pennant is available at www.pennantgroup.com.

DXP Enterprises, Inc. Announces New Share Repurchase Program

Retrieved on: 
Thursday, December 15, 2022
Professional Services, Mining, Minerals, Forest Products, Agriculture, Natural Resources, Commercial Building & Real Estate, Other Transport, Construction & Property, Oil, Gas, Energy, Chemicals, Plastics, Transport, Food, Beverage, Manufacturing, Retail, Supply Chain Management, Finance, Yee, Weather, DXP, Security (finance), Time management, Maintenance, CFO, DXPE, Share repurchase, Shared services center, Risk management

This is after the successful completion of the previous program, whereby, the Company completed the repurchase of 1.5 million shares, under the 2-year program which began in May of 2021.

Key Points: 
  • This is after the successful completion of the previous program, whereby, the Company completed the repurchase of 1.5 million shares, under the 2-year program which began in May of 2021.
  • There is no guarantee as to the exact number of shares that will be repurchased, and DXP may discontinue the program at any time management determines additional purchases are not warranted.
  • David R. Little, Chairman and CEO commented, "The last few years have demonstrated the resilience of DXP and our ability to continue to evolve.
  • Kent Yee, CFO commented, "The continuation of our share repurchase program reflects the Boards commitment to our disciplined capital allocation strategy and the confidence in our business.

Jack in the Box Inc. Announces Departure of CFO Tim Mullany

Retrieved on: 
Tuesday, December 13, 2022
Retail, Restaurant, Bar, Security (finance), Disagreement, Form 10-K, Principal Financial Group, Del Taco, Controller, Mullany, Partnership, Brand, Unemployment, QSR, Shared services, Restaurant, Growth, Annual report, Shared services center, Franchising, Principal, Acquisition, Management, Risk management, Finance

Jack in the Box Inc. (NASDAQ: JACK) announced today that Tim Mullany, Executive Vice President, and Chief Financial Officer will be leaving the Company for personal reasons, effective February 2, 2023.

Key Points: 
  • Jack in the Box Inc. (NASDAQ: JACK) announced today that Tim Mullany, Executive Vice President, and Chief Financial Officer will be leaving the Company for personal reasons, effective February 2, 2023.
  • While the company searches to identify a successor, Dawn Hooper, VP, Controller & Financial Reporting, will assume a temporary role as Principal Financial Officer.
  • Hooper has been with Jack in the Box Inc. for 22 years and held various leadership positions within Finance.
  • Mullany joined the Jack in the Box Inc. team in January 2021 and most recently led the Del Taco acquisition.

PC-Doctor Updates Service Center® 15 with support for the latest hardware platforms

Retrieved on: 
Wednesday, December 14, 2022
Support, Name, Software, SOC, Intel, Chrome OS, Android, Shared services center, Mac, Programming productivity, Medical device, Video game, Satellite navigation device, Microsoft Windows, Service

RENO, Nev., Dec. 14, 2022 /PRNewswire-PRWeb/ -- PC-Doctor, Inc., the global leader in PC, Android, Chrome OS, and Intel-based Mac system health technologies, today released an updated version of its popular diagnostic toolkit: Service Center 15.

Key Points: 
  • PC-Doctor, Inc., the global leader in system health, released an update to the latest version of its popular diagnostic toolkitService Center 15.
  • Service Center is powered by the same technology used by the world's largest original equipment manufacturers for almost 30 yearsnow updated to provide Intel Raptor Lake support, and to refresh the drivers included in Service Center Bootable Diagnostics.
  • "Technicians rely on the offline operating system Bootable Diagnostics for comprehensive component testing, but this requires appropriate driver support.
  • "This updated version of Service Center 15 has the latest drivers to support the latest platforms, and is free for all Service Center 15 users."

A. Duie Pyle Expands Direct Services into West Virginia

Retrieved on: 
Tuesday, November 29, 2022
Shared services center, Transport, LTL, Warehouse, Dedicated

WEST CHESTER, Pa., Nov. 29, 2022 (GLOBE NEWSWIRE) -- A. Duie Pyle (Pyle), a premier, 98-year-old family-owned and operated provider of asset and non-asset-based supply chain solutions, today announces it will bring its services to the entire state of West Virginia.

Key Points: 
  • WEST CHESTER, Pa., Nov. 29, 2022 (GLOBE NEWSWIRE) -- A. Duie Pyle (Pyle), a premier, 98-year-old family-owned and operated provider of asset and non-asset-based supply chain solutions, today announces it will bring its services to the entire state of West Virginia.
  • The service move into West Virginia comes on the heels of its expansion into the commonwealth of Virginia earlier this year, where it added three LTL service centers in Roanoke, Richmond and Manassas.
  • Adding West Virginia to Pyle's roster completes its Northeast/Mid-Atlantic core footprint, further securing Pyle as the leading supply chain and logistics provider in the Northeast.
  • "We are thrilled to expand our direct service coverage and industry-leading expertise into West Virginia," said John Luciani, COO of LTL Solutions at A. Duie Pyle.

CINDE Celebrates Bridgestone's Largest Expansion in Costa Rica in the Last 20 Years

Retrieved on: 
Tuesday, November 29, 2022
SAN, Shared services center, Firestone, Investment promotion agency, Employment, Trust, Free zone, Corporate services, Investment, Hotel, Renewable energy, Bridgestone

SAN JOS, Costa Rica, Nov. 29, 2022 /PRNewswire/ -- CINDE, the Investment Promotion Agency of Costa Rica, celebrates Bridgestone Americas' $250 million investment over the 2022 to 2026 period, to expand its tire manufacturing operations in Costa Rica.

Key Points: 
  • SAN JOS, Costa Rica, Nov. 29, 2022 /PRNewswire/ -- CINDE, the Investment Promotion Agency of Costa Rica, celebrates Bridgestone Americas' $250 million investment over the 2022 to 2026 period, to expand its tire manufacturing operations in Costa Rica.
  • The company will increase its production capacity by 36% for the local market, as well as for export.
  • In addition, it will create more than 160 new jobs, adding to the 1,850 people who the company already employs.
  • Bridgestone began local operations in 1967, becoming a pioneer in Costa Rica's manufacturing sector at its Beln, Heredia plant with a vision to provide products of superior quality.

MCS Unveils National Expansion Plan to Establish Network of Self-Performing Service Centers in Key U.S. Markets

Retrieved on: 
Monday, November 28, 2022
SFR, Quality control, Property, MCS, United States Commercial Service, Maintenance, Aggregation, Snow, Shared services center, OH, Broker, NTT Communications Shining Arcs, Commercial property, Commercial, Dedicated, Property management, Construction

LEWISVILLE, Texas, Nov. 28, 2022 /PRNewswire/ -- MCS, the national property services company founded in 1986, celebrated establishing a network of regional self-performing Service Centers – facilities with locally and robustly staffed project management and service tech teams – in seven markets in 2022, and announced plans to open 10 or more in 2023. As a first in the property services industry, MCS will open a network of self-performing service centers to support all facets of the default mortgage, property preservation, commercial, and residential rental segments, leveraging its own dedicated project management teams and service crews across major U.S. markets to better serve its growing client base.

Key Points: 
  • "Our Service Centers, in combination with our long-established national network of service providers, fortify our ability to deliver responsive and meticulous care to brighten and revitalize neighborhoods across the nation."
  • In 2022, MCS opened Service Centers in Phoenix, Dallas, Las Vegas, Orlando and Columbus, OH, with additional Service Centers slated to open in Atlanta and Tucson before year's end.
  • Markets on the MCS Service Center expansion roadmap include Houston, Tampa, Chicago, Salt Lake City, Denver, Indianapolis, Memphis, Nashville, Charlotte, Detroit and other markets in Florida and Texas, while assessing opportunities in New York, New Jersey and Connecticut.
  • "MCS is transforming the property preservation sector through our combined network of Service Centers and trusted local service partners to ensure vacant properties remain in good condition."