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USI Announces Completion of Acquisition of Asteelflash

Retrieved on: 
Thursday, December 3, 2020

SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the "Acquisition") of Asteelflash Group ("Asteelflash") through the acquisition of its parent company, Financire AFG S.A.S.

Key Points: 
  • SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the "Acquisition") of Asteelflash Group ("Asteelflash") through the acquisition of its parent company, Financire AFG S.A.S.
  • USI and Asteelflash will, through two companies' consolidated global footprint and technological capabilities, create more value by targeting new end-market segments and customers.
  • "The acquisition of Asteelflash is a critical step for USI to implement the 'modularization, diversification, and globalization' strategy," said Jeffrey Chen, Chairman of USI.
  • After closing, I believe that USI and Asteelflash management team will quickly implement the intended synergy plan, including sales, supply chain management and technology collaboration.

USI Announces Completion of Acquisition of Asteelflash

Retrieved on: 
Thursday, December 3, 2020

SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the "Acquisition") of Asteelflash Group ("Asteelflash") through the acquisition of its parent company, Financire AFG S.A.S.

Key Points: 
  • SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the "Acquisition") of Asteelflash Group ("Asteelflash") through the acquisition of its parent company, Financire AFG S.A.S.
  • USI and Asteelflash will, through two companies' consolidated global footprint and technological capabilities, create more value by targeting new end-market segments and customers.
  • "The acquisition of Asteelflash is a critical step for USI to implement the 'modularization, diversification, and globalization' strategy," said Jeffrey Chen, Chairman of USI.
  • After closing, I believe that USI and Asteelflash management team will quickly implement the intended synergy plan, including sales, supply chain management and technology collaboration.

USI Insurance Services Completes Acquisition of Findley, Inc.

Retrieved on: 
Monday, November 2, 2020

VALHALLA, N.Y., Nov. 02, 2020 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in risk management, employee benefit and retirement consulting, today announced the completion of its acquisition of Nashville, Tennessee-based Findley, Inc.

Key Points: 
  • VALHALLA, N.Y., Nov. 02, 2020 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in risk management, employee benefit and retirement consulting, today announced the completion of its acquisition of Nashville, Tennessee-based Findley, Inc.
  • As part of USI, we will have broader on-the-ground geographic reach, and for our global clients, the ability to address many of their international business needs.
  • USI Chairman & CEO, Michael J. Sicard, added: We are pleased to officially welcome Findleys more than 250 associates to the USI family.
  • USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities .

Crowley, Caribbean Produce Partner to Provide 16,000 Pounds of Food to People Impacted by COVID-19 in New York

Retrieved on: 
Tuesday, April 28, 2020

The container included 16,000 pounds of fruit and produce, such as pineapples from Manat, Santa Isabel papayas and Gunica green plantains.

Key Points: 
  • The container included 16,000 pounds of fruit and produce, such as pineapples from Manat, Santa Isabel papayas and Gunica green plantains.
  • In addition, employees who work as first-line responders for Baldor and other first-responders will be receiving fresh produce as part of this donation.
  • The container arrived on Crowley's container ship MV Tano in Jacksonville, Fla., and was trucked this weekend into New York City for distribution to people in need.
  • Caribbean Produce Exchange (CPE) is the largest produce distributor in Puerto Rico with 60 years of experience in managing food safety for a wide array of produce, eggs and highly perishable products.

InventHelp Presents an Improved Kitchen Gadget (NPL-291)

Retrieved on: 
Monday, April 20, 2020

Additionally, it serves as a viable alternative to traditional slicers, which do not provide a consistent, lengthwise cut.

Key Points: 
  • Additionally, it serves as a viable alternative to traditional slicers, which do not provide a consistent, lengthwise cut.
  • This invention cuts down on the time needed to slice and prepare plantain dishes," said the inventor.
  • The original design was submitted to the Naples office of InventHelp.
  • InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext.

USI Insurance Services Acquires Marcotte Insurance Agency, Inc.

Retrieved on: 
Monday, December 16, 2019

VALHALLA, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency, Inc.

Key Points: 
  • VALHALLA, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency, Inc.
  • Founded in 1927, Marcotte is a premier, multi-line insurance agency that has been delivering innovative solutions and exceptional service to clients throughout the Midwest for nearly a century.
  • Woods, USI regional CEO, added: This partnership establishes a new presence for USI in Nebraska, and we are excited to welcome David and the experienced professionals from Marcotte to the USI family.
  • USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities .

USI Insurance Services Acquires Scheetz, Hogan, Freeman & Phillips

Retrieved on: 
Monday, October 21, 2019

VALHALLA, N.Y., Oct. 21, 2019 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in insurance brokerage and risk management, today announced the acquisition of Greenville, South Carolina-based insurance agency Scheetz, Hogan, Freeman & Phillips (SHFP).

Key Points: 
  • VALHALLA, N.Y., Oct. 21, 2019 (GLOBE NEWSWIRE) -- USI Insurance Services (USI), a world leader in insurance brokerage and risk management, today announced the acquisition of Greenville, South Carolina-based insurance agency Scheetz, Hogan, Freeman & Phillips (SHFP).
  • Founded in 1993, SHFP is one of the leading independent insurance agencies in South Carolina, specializing in commercial insurance, employee benefits and personal risk solutions for businesses and individuals.
  • The agency has 24 employees, all of whom will be joining USI under the continued leadership of Ronald D. Scheetz, SHFP president and CEO.
  • Commenting on the announcement, James W. Dunn, USI Midsouth regional CEO, said: We are thrilled to welcome Ron and the experienced professionals from Scheetz, Hogan, Freeman & Phillips to the USI family.