GF

Foot Master Announces Surface Treatment Changes for GF, PMH, and GDSP Series Casters

Retrieved on: 
Thursday, December 21, 2023

GRAND RAPIDS, Mich., Dec. 20, 2023 /PRNewswire-PRWeb/ -- G-DOK Industries, the world's leading caster engineering company, is excited to announce new surface treatment change as well as swivel-lock notches for its GF Series Heavy Duty Casters, PMH Series Medium Duty Casters, and GDSP Series Shock Absorbing Casters.

Key Points: 
  • New Surface Treatment Changes Improve FOOT MASTER Caster Corrosion Resistance, Surface Durability, and Provides Environmentally Friendly, Clean Appearance
    GRAND RAPIDS, Mich., Dec. 20, 2023 /PRNewswire-PRWeb/ -- G-DOK Industries, the world's leading caster engineering company, is excited to announce new surface treatment change as well as swivel-lock notches for its GF Series Heavy Duty Casters , PMH Series Medium Duty Casters , and GDSP Series Shock Absorbing Casters .
  • FOOT MASTER's surface treatment changes involve transitioning from zinc plating to powder coating.
  • These changes to FOOT MASTER's GF, PMH, and GDSP Series Casters offer several advantages including protection against corrosion, improved surface durability, and an eco-friendly powder coating that provides an environmentally friendly, clean appearance.
  • In addition to the surface treatment changes on the GF Series Casters, FOOT MASTER has also added notches for its swivel locks.

Former Uponor Chair nominated for election to the GF Board of Directors

Retrieved on: 
Tuesday, December 19, 2023

SCHAFFHAUSEN, Switzerland, Dec. 19, 2023 /PRNewswire/ --  Annika Paasikivi (1975), Finnish citizen, has many years of experience as an executive and board member in various industrial companies in the Nordics including the industrial owner Oras Invest, Helsinki (Finland). Her expertise especially in the building technology sector makes her the ideal candidate to support the smooth business integration of Uponor and the future value creation at GF.   

Key Points: 
  • At the upcoming Annual Shareholder's Meeting on 17 April 2024, the GF Board of Directors is to propose Annika Paasikivi for election as new board member.
  • Her expertise especially in the building technology sector makes her the ideal candidate to support the smooth business integration of Uponor and the future value creation at GF.
  • +41 (0) 79 290 04 00, [email protected]
    +41 (0) 79 698 14 87, [email protected]
    As of 13 November 2023, GF has four divisions: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions.
  • GF offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies.

Former Uponor Chair nominated for election to the GF Board of Directors

Retrieved on: 
Tuesday, December 19, 2023

SCHAFFHAUSEN, Switzerland , Dec. 19, 2023 /PRNewswire/ --  Annika Paasikivi (1975), Finnish citizen, has many years of experience as an executive and board member in various industrial companies in the Nordics including the industrial owner Oras Invest, Helsinki (Finland). Her expertise especially in the building technology sector makes her the ideal candidate to support the smooth business integration of Uponor and the future value creation at GF.   

Key Points: 
  • At the upcoming Annual Shareholder's Meeting on 17 April 2024, the GF Board of Directors is to propose Annika Paasikivi for election as new board member.
  • Her expertise especially in the building technology sector makes her the ideal candidate to support the smooth business integration of Uponor and the future value creation at GF.
  • +41 (0) 79 290 04 00, [email protected]
    +41 (0) 79 698 14 87, [email protected]
    As of 13 November 2023, GF has four divisions: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions.
  • GF offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies.

GlobalFoundries Announces New Multi-Million Dollar Student Loan Repayment Program to Strengthen Semiconductor Workforce

Retrieved on: 
Thursday, November 16, 2023

MALTA, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) announced today that it is launching a new student loan repayment program to help current employees and new recruits pay down student loan debt.

Key Points: 
  • MALTA, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) announced today that it is launching a new student loan repayment program to help current employees and new recruits pay down student loan debt.
  • The new benefit program is part of the company’s multi-million dollar investment to strengthen the semiconductor talent workforce by helping to ease the financial burden of higher education and training of our present and future employees.
  • The program is open to all U.S. employees that have qualified student loans for all degree types and credit-based certificate programs offered by U.S. universities and colleges.
  • “By enhancing our employee benefit programs, especially through our student loan assistance, GF is not only strengthening and building its own talent pipeline but also striving to set an industry benchmark.

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Appointment of New Chairman of the Board

Retrieved on: 
Monday, November 13, 2023

There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange.

Key Points: 
  • There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange.
  • The price of the fund’s shares is determined by a number of factors, several of which are beyond the control of the fund.
  • Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.
  • The Central and Eastern Europe Fund, Inc. is non-diversified and can take larger positions in fewer issues, increasing its potential risk.

Uponor transaction to close: Strong focus on value creation and attractive end markets with new piping systems setup - Georg Fischer AG

Retrieved on: 
Monday, November 13, 2023

After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.

Key Points: 
  • After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.
  • To accelerate the implementation of GF Piping Systems' Strategy 2025 and to further benefit from global megatrends, GF will start an ambitious value creation program to unleash the full potential of this acquisition.
  • GF Piping Systems will focus on the industrial and utility business, providing its customers with sustainable leak-free piping solutions for numerous end markets such as microelectronics, water treatment, energy, chemical processing, marine, data centers or water & gas utilities.
  • Uponor's infrastructure business will become part of GF Piping Systems and will further strengthen the division's portfolio to provide customers with combined solutions.

Uponor transaction to close: Strong focus on value creation and attractive end markets with new piping systems setup - Georg Fischer AG

Retrieved on: 
Monday, November 13, 2023

After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.

Key Points: 
  • After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.
  • To accelerate the implementation of GF Piping Systems' Strategy 2025 and to further benefit from global megatrends, GF will start an ambitious value creation program to unleash the full potential of this acquisition.
  • GF Piping Systems will focus on the industrial and utility business, providing its customers with sustainable leak-free piping solutions for numerous end markets such as microelectronics, water treatment, energy, chemical processing, marine, data centers or water & gas utilities.
  • Uponor's infrastructure business will become part of GF Piping Systems and will further strengthen the division's portfolio to provide customers with combined solutions.

PDF Solutions® Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Analytics revenue for the third quarter of 2023 was $39.5 million, compared to $37.1 million for the second quarter of 2023 and $32.9 million for the third quarter of 2022.

Key Points: 
  • Analytics revenue for the third quarter of 2023 was $39.5 million, compared to $37.1 million for the second quarter of 2023 and $32.9 million for the third quarter of 2022.
  • Integrated Yield Ramp revenue for the third quarter of 2023 was $2.9 million, compared to $4.5 million for the second quarter of 2023 and $7.0 million for the third quarter of 2022.
  • GAAP gross margin for the third quarter of 2023 was 66%, compared to 70% for the second quarter of 2023 and 69% for the third quarter of 2022.
  • Non-GAAP gross margin for the third quarter of 2023 was 70%, compared to 74% for the second quarter of 2023 and 72% for the third quarter of 2022.

GlobalFoundries Awarded $35 Million Funding from U.S. Government to Accelerate Manufacturing of Next-Generation GaN Chips

Retrieved on: 
Wednesday, October 18, 2023

ESSEX JUNCTION, Vt., Oct. 18, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont.

Key Points: 
  • ESSEX JUNCTION, Vt., Oct. 18, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont.
  • This funding brings GF closer to large-scale production of GaN chips, which are unique in their ability to handle high voltages and temperatures.
  • The funding builds on years of collaboration with the U.S. government – including $40 million in support from 2020-2022 – that leverages the talent of GF's Vermont team and their 200mm semiconductor manufacturing experience, and applies it to GaN-on-silicon manufacturing.
  • “GF has a longstanding partnership with the U.S. government, and this funding is critical to move GaN on silicon chips closer to volume production.

CNC Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 18, 2023

The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.

Key Points: 
  • The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.
  • Additionally, various manufacturing operations rely intemperately on CNC machines as their primary production processes.
  • Therefore, machines offering are a significant component and account for a major share of the overall market.
  • Machining Centers are expected to lead the CNC market during the forecast period.