Buy America Act

AFL Announces a Multi-Million-Dollar Investment and Expansion to its U.S. Fiber Optic Cable Manufacturing Operations

Retrieved on: 
Thursday, March 21, 2024

AFL, an industry-leading manufacturer of fiber optic cables, connectivity and equipment, today announced an investment of over $50 million to expand its fiber optic cable manufacturing operations in South Carolina.

Key Points: 
  • AFL, an industry-leading manufacturer of fiber optic cables, connectivity and equipment, today announced an investment of over $50 million to expand its fiber optic cable manufacturing operations in South Carolina.
  • This investment aligns with the Biden-Harris administration’s Infrastructure Investment and Jobs Act and Internet for All initiatives to increase broadband access in the U.S.
  • View the full release here: https://www.businesswire.com/news/home/20240321481515/en/
    AFL Announces a Multi-Million-Dollar Investment and Expansion to its U.S.
  • Today’s announcement builds on AFL’s previous investment of more than $35 million in the expansion of domestic cable manufacturing to support broadband deployment and modernization of the power grid.

Blink Charging Establishes Global Corporate Headquarters and Announces Expansion of Manufacturing Facility in Bowie, Maryland

Retrieved on: 
Monday, March 11, 2024

Bowie, MD., March 11, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the Company has established its global corporate headquarters in a 15,000 square-foot facility in Bowie, MD.

Key Points: 
  • Along with the new headquarters, Blink is increasing its manufacturing capacity by constructing a state-of-the-art advanced 30,000 square-foot facility.
  • Complementing this pivotal move, Blink has announced plans to increase its manufacturing capacity by constructing a new LEED Gold-certified 30,000 square-foot production facility.
  • The new facility will include an extra production line to streamline operations for expedited and increased production of EV charging units.
  • “Blink Charging is proud and excited to be establishing our global headquarters and production facility in Maryland, marking a pivotal moment in our journey toward a greener future,” said Blink President and CEO, Brendan Jones.

California’s Foothill Transit to add 12 Enviro500EV double deck zero-emission buses from NFI subsidiary Alexander Dennis

Retrieved on: 
Tuesday, February 20, 2024

LARBERT, United Kingdom, Feb. 20, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced it has been awarded a contract to build 12 new battery-electric Enviro500EV double deck buses for California customer Foothill Transit.

Key Points: 
  • LARBERT, United Kingdom, Feb. 20, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced it has been awarded a contract to build 12 new battery-electric Enviro500EV double deck buses for California customer Foothill Transit.
  • Committed to innovation and sustainability, Foothill Transit strives to provide reliable and eco-friendly transportation solutions for the communities it serves.
  • Its flagship Silver Streak route to downtown Los Angeles will be further upgraded in 2026 with the 12 new electric double deckers.
  • We are proud to partner with Alexander Dennis to bring these cutting-edge double deck electric buses to our communities.

PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Thursday, March 7, 2024

CLEVELAND, March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • CLEVELAND, March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023.
  • Foreign currency translation increased fourth quarter 2023 net sales by $2.9 million.
  • The fourth quarter of 2023 net income was impacted by decreased gross profit from lower net sales, partially offset by selling price increases and a lower effective tax rate for the period.
  • Gross profit as a percentage of net sales was 33.0% for the fourth quarter of 2023.

OFS Unveils Build America, Buy America Act Compliant Optical Fiber Solutions for BEAD-Funded Networks

Retrieved on: 
Friday, February 23, 2024

NORCROSS, Ga., Feb. 23, 2024 /PRNewswire/ -- OFS, a global leader in optical fiber solutions, proudly announces the availability of Build America, Buy America Act (BABAA) compliant optical fiber, fiber optic cabling, and optical connectivity products.

Key Points: 
  • NORCROSS, Ga., Feb. 23, 2024 /PRNewswire/ -- OFS, a global leader in optical fiber solutions, proudly announces the availability of Build America, Buy America Act (BABAA) compliant optical fiber, fiber optic cabling, and optical connectivity products.
  • OFS offers an extensive range of BABAA compliant construction materials and manufactured products tailored to the specific needs of BEAD-funded projects.
  • Holly Hulse, CEO of OFS, explained, "We are pleased to offer optical fiber solutions that meet BABAA standards to do our part to bring high-speed internet to all Americans.
  • OFS is proud to manufacture BABAA compliant products in its Georgia factories to preserve and expand high-tech employment opportunities in the state.

ABB E-mobility delivers Build America- Buy America and NACS-ready EV chargers to first NEVI site in Southeastern US

Retrieved on: 
Tuesday, February 20, 2024

The site will be built with ABB E-mobility Terra 184 chargers, which are Build America, Buy America (BABA) compliant, meet the NEVI technical minimum standards, and are "NACS-ready".

Key Points: 
  • The site will be built with ABB E-mobility Terra 184 chargers, which are Build America, Buy America (BABA) compliant, meet the NEVI technical minimum standards, and are "NACS-ready".
  • ABB E-mobility shares this commitment, providing NEVI compliant T184 fast chargers to partners awarded NEVI funding in over a half dozen states across the United States.
  • ABB E-mobility has been designing and manufacturing EV chargers for nearly 15 years and electrification equipment for over a century.
  • Terra 184 chargers manufactured at our South Carolina-based operations meet the "Phase II" requirements for Build America, Buy America Act of 55% US cost of components which is applicable to multiple Federal Programs, including NEVI.

Hexagon Purus selected by New Flyer for the fourth time as partner for the hydrogen bus market in North America

Retrieved on: 
Wednesday, February 7, 2024

Production of the Type 4, Buy America compliant hydrogen storage cylinders will be out of Hexagon Purus’ facility in Westminster, Maryland (U.S.).

Key Points: 
  • Production of the Type 4, Buy America compliant hydrogen storage cylinders will be out of Hexagon Purus’ facility in Westminster, Maryland (U.S.).
  • Since 2020, Hexagon Purus has proudly delivered hydrogen cylinders for well over 100 New Flyer hydrogen fuel cell electric transit buses.
  • We are proud to be part of New Flyer’s effort in decarbonizing transit bus operations in North America”, says Michael Kleschinski, EVP Hydrogen Mobility & Infrastructure.
  • We have a strong market position now with both US and European bus OEMs”, he continues.

CED Maps Out 2024 Policy Priorities and Solutions for President and Congress

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- The Committee for Economic Development, the public policy center of The Conference Board (CED), has issued a new Solutions Brief, 2024 Policy Priorities: Inflection Point, Charting a Sustainable Path Forward , that outlines the most important policy challenges before the nation in 2024.

Key Points: 
  • NEW YORK, Jan. 23, 2024 /PRNewswire/ -- The Committee for Economic Development, the public policy center of The Conference Board (CED), has issued a new Solutions Brief, 2024 Policy Priorities: Inflection Point, Charting a Sustainable Path Forward , that outlines the most important policy challenges before the nation in 2024.
  • And to meet the challenges, it includes recommendations for building a stronger, more resilient, sustainable economy that provides equal opportunity for all Americans.
  • The Solutions Brief—the latest in CED's Sustaining Capitalism series—draws from a letter that CED sent earlier this month to the President and Congressional leadership.
  • The commission should address the biggest drivers of deficits and the long-term debt: Medicare and Social Security, whose Trust Funds are becoming insolvent.

Ciena Invests in U.S. Manufacturing with Flex to Support BEAD-funded Projects, Strengthen Domestic Supply Chain and Add High-Tech Jobs

Retrieved on: 
Wednesday, November 29, 2023

Ciena ® (NYSE: CIEN), a U.S.-based networking systems, services and software company, is adding domestic manufacturing through an expanded agreement with global diversified manufacturer Flex (NASDAQ: FLEX).

Key Points: 
  • Ciena ® (NYSE: CIEN), a U.S.-based networking systems, services and software company, is adding domestic manufacturing through an expanded agreement with global diversified manufacturer Flex (NASDAQ: FLEX).
  • Under the terms of the agreement, Flex will provide advanced manufacturing capabilities, including specialized optical transceiver assembly, and supply chain services, enabling Ciena to quickly ramp high-volume production of its innovative pluggable OLTs and ONUs at scale.
  • Ciena has developed a unique and disruptive pluggable OLT technology that is designed and now, through its partnership with Flex, will be manufactured in America.
  • Ciena collaborates with non-profit and charitable organizations in the U.S. and globally to advance this mission.

Autel Energy to Debut MaxiCharger DC HiPower with Live Demonstrations at CES 2024

Retrieved on: 
Wednesday, November 22, 2023

The company will showcase its acclaimed residential and commercial EV charging solutions including the highly anticipated debut of the MaxiCharger DC HiPower in conjunction with the latest innovations in Autel Charge Cloud.

Key Points: 
  • The company will showcase its acclaimed residential and commercial EV charging solutions including the highly anticipated debut of the MaxiCharger DC HiPower in conjunction with the latest innovations in Autel Charge Cloud.
  • View the full release here: https://www.businesswire.com/news/home/20231122232708/en/
    Autel Energy is returning to CES in Las Vegas this upcoming January, featuring the debut of the MaxiCharger DC HiPower with live demos by their EV charging solution specialists.
  • (Graphic: Business Wire)
    On January 9-12, 2024 at the Las Vegas Convention Centre in Las Vegas, Nevada, Autel Energy will present live demonstrations of the MaxiCharger DC HiPower, a game-changing charging solution that redefines the EV charging experience.
  • Join Autel Energy at CES 2024 for live demonstrations and insights into the latest advancements shaping the EV charging landscape.