Pearson Yachts

TPI Composites, Inc. Appoints Charles Stroo as Chief Operating Officer, Wind

Retrieved on: 
Monday, November 27, 2023

SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective November 27, 2023.

Key Points: 
  • SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective November 27, 2023.
  • In his role, Chuck will lead TPI’s global wind manufacturing operations.
  • Prior to joining TPI, Chuck served in multiple, global operational roles at Collins Aerospace, most recently as Vice President of Power & Controls Operations.
  • Chuck’s broad-based, global operational background will help us continue to focus on operating our business efficiently in a challenging macro environment and position TPI for long term, profitable growth.”

TPI Composites, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, October 12, 2023

SCOTTSDALE, Ariz., Oct. 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2023 results after the market close on Thursday, November 2, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Key Points: 
  • SCOTTSDALE, Ariz., Oct. 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2023 results after the market close on Thursday, November 2, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
  • The conference call can be accessed live over the phone by dialing 1-844-825-9789, or for international callers, 1-412-317-5180.
  • A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.
  • The replay will be available until November 9, 2023.

TPI Composites and University of Tennessee Knoxville Advance the Creation of Glass Fiber Yarns from Recycled Wind Turbine Blades

Retrieved on: 
Wednesday, September 13, 2023

SCOTTSDALE, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has moved to the second phase of development with the University of Tennessee Knoxville (UT) in creation of glass fiber yarns from end-of-life wind blades.

Key Points: 
  • SCOTTSDALE, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has moved to the second phase of development with the University of Tennessee Knoxville (UT) in creation of glass fiber yarns from end-of-life wind blades.
  • The completion of the second phase will create new opportunities for materials reclaimed from decommissioned blades.
  • The recycled materials enable higher value intermediate forms of glass fiber and create a viable market that is both environmentally and economically sustainable.
  • The current challenge of recycled glass fiber is that applications for randomly oriented discontinuous fiber are generally limited to non-structural components or thermal insulation where the value is significantly lower than the cost of recovery.

TPI Composites Manufactures Structural Composites for the Development of the International® SuperTruck II

Retrieved on: 
Tuesday, August 22, 2023

SCOTTSDALE, Ariz., Aug. 22, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) has partnered with Navistar, Inc. (“Navistar”) on an all composite cab, trailer box, and aero package for the International® SuperTruck II.

Key Points: 
  • SCOTTSDALE, Ariz., Aug. 22, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) has partnered with Navistar, Inc. (“Navistar”) on an all composite cab, trailer box, and aero package for the International® SuperTruck II.
  • The lightweight, aerodynamically designed composite cab and trailer components manufactured by TPI contributed to the International SuperTruck II achieving 16 mpg in real-world operation and a 170% improvement in freight efficiency over the 2009 International SuperTruck I.
  • With faster development times, lower investment costs, and reductions in mass when compared to traditional metallics, composites are becoming more prevalent structural solutions as the commercial truck market migrates to zero emission vehicles.
  • The replacement of steel and aluminum with composites can provide significant weight reduction and design flexibility, the International SuperTruck II demonstrates this by shedding 500 lbs.

TPI Composites, Inc. Reports Preliminary Estimated Second Quarter 2023 Earnings Results and Provides Updated Guidance for 2023

Retrieved on: 
Wednesday, July 26, 2023

SCOTTSDALE, Ariz., July 26, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today announced selected, preliminary estimated financial results for the second quarter ended June 30, 2023, and provided updated guidance for the year ending December 31, 2023.

Key Points: 
  • SCOTTSDALE, Ariz., July 26, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today announced selected, preliminary estimated financial results for the second quarter ended June 30, 2023, and provided updated guidance for the year ending December 31, 2023.
  • For the second quarter ended June 30, 2023, we expect:
    (1) See the attached table for the reconciliation of non-GAAP financial data.
  • The selected, preliminary estimated financial results set forth above are unaudited and should be considered preliminary and subject to change.
  • We plan to report our full results for the second quarter in our earnings release and on our earnings call, both of which are scheduled for August 3, 2023.

TPI Composites, Inc. Appoints Neil Jones as Chief Quality Officer

Retrieved on: 
Thursday, July 20, 2023

SCOTTSDALE, Ariz., July 20, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has hired Neil Jones as its Chief Quality Officer, effective August 1, 2023.

Key Points: 
  • SCOTTSDALE, Ariz., July 20, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has hired Neil Jones as its Chief Quality Officer, effective August 1, 2023.
  • In this newly-created position, Neil will oversee all quality processes, systems and controls relating to TPI’s wind business and will report directly to TPI’s President and Chief Executive Officer, Bill Siwek.
  • Neil brings over 25 years of experience in quality and engineering positions in the wind and automotive industry.
  • I am confident that Neil will bring fresh insights, innovative ideas, and an unwavering dedication to quality excellence and help enhance the quality culture at TPI.”

TPI Composites, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, July 13, 2023

SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2023 results after the market close on Thursday August 3, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Key Points: 
  • SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2023 results after the market close on Thursday August 3, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
  • The conference call can be accessed live over the phone by dialing 1-888-886-7786, or for international callers, 1-416-764-8658.
  • A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.
  • The replay will be available until August 10, 2023.

TPI Composites’ Senior Director of Innovation and Technology, Stephen Nolet is a Contributing Author in “Grand Challenges in the Design, Manufacture, and Operation of Future Wind Turbine Systems”

Retrieved on: 
Tuesday, July 11, 2023

SCOTTSDALE, Ariz., July 11, 2023 (GLOBE NEWSWIRE) -- Stephen Nolet, Senior Director of Innovation and Technology at TPI Composites, Inc., (TPI) (Nasdaq: TPIC) is a contributing author in the Wind Energy Science journal’s 2023 “Grand Challenges in the Design, Manufacture, and Operation of Future Wind Turbine Systems” .

Key Points: 
  • SCOTTSDALE, Ariz., July 11, 2023 (GLOBE NEWSWIRE) -- Stephen Nolet, Senior Director of Innovation and Technology at TPI Composites, Inc., (TPI) (Nasdaq: TPIC) is a contributing author in the Wind Energy Science journal’s 2023 “Grand Challenges in the Design, Manufacture, and Operation of Future Wind Turbine Systems” .
  • More than ten industry leaders from across the globe discuss modern wind turbines, future challenges and opportunities on the path to 100% renewable electricity, and what is needed to progress technology towards a lower cost and greater functionality.
  • Mr. Nolet has over 19 years of service with TPI Composites and is a named inventor on more than 35 United States Patent and Trademark Office (USPTO) patents.
  • He has been a Principal Investigator on more than a dozen industry projects with Sandia National Labs, Oak Ridge National Lab, the National Renewable Energy Lab, National and University Industry Consortia, as well as sponsored research with the University of Massachusetts Lowell, the University of Maine, Iowa State University, the University of Tennessee Knoxville, and the University of Texas, Dallas.

NGP Energy Transition IV, L.P. Completes Final Closing at $700 Million

Retrieved on: 
Thursday, June 1, 2023

NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.

Key Points: 
  • NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.
  • NGP Energy Transition IV was activated in April 2022 and has invested over $100 million in seven portfolio companies, several of which are profiled below.
  • In 2020, NGP accelerated its energy transition investment effort and has since committed and invested over $600 million in the energy transition across more than 20 portfolio companies.
  • Phil Deutch, NGP Partner and NGP Energy Transition Fund Head, commented, “NGP partners with outstanding management teams to drive significant growth and value creation.

TPI Composites Adjourns Annual Meeting Until June 22, 2023

Retrieved on: 
Tuesday, May 30, 2023

SCOTTSDALE, Ariz., May 30, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC) (“TPI” or the “Company”), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world, announced on May 24, 2023 that its 2023 Annual Meeting of Stockholders scheduled for May 24, 2023 (the “Annual Meeting”) has been adjourned to June 22, 2023 at 1:00 pm Arizona Time, and will take place via live audio webcast at www.virtualshareholdermeeting.com/TPIC2023 .

Key Points: 
  • SCOTTSDALE, Ariz., May 30, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC) (“TPI” or the “Company”), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world, announced on May 24, 2023 that its 2023 Annual Meeting of Stockholders scheduled for May 24, 2023 (the “Annual Meeting”) has been adjourned to June 22, 2023 at 1:00 pm Arizona Time, and will take place via live audio webcast at www.virtualshareholdermeeting.com/TPIC2023 .
  • The Company filed a proxy statement for its Annual Meeting with the Securities and Exchange Commission (the “SEC”) on April 10, 2023.
  • Stockholders as of the record date of March 28, 2023 who have not yet voted are encouraged to vote during the adjournment period.
  • Stockholders who have not yet voted are encouraged to do so before June 22, 2023.