CWB

Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Payments, Technology, Finance, Fintech, Banking, Element, CWB, Automation, Mastercard, Growth, Platform as a service, Cognitive computer, Partnership, Zions Bancorporation, EDC, Senior, Affinity Credit Union, Credit, Investment, Laurentian Bank of Canada, Air France–KLM

Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on the back of strong revenue growth, rapidly increasing market share and expansion into the business and commercial segments.

Key Points: 
  • Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on the back of strong revenue growth, rapidly increasing market share and expansion into the business and commercial segments.
  • This landmark financing will fuel Brim’s U.S. expansion strategy, including extending its market reach, accelerating product development and forging strategic alliances.
  • “This funding will accelerate Brim’s growth and fuel our international expansion,” said Rasha Katabi, CEO and Founder of Brim.
  • Formed a strategic partnership with TrueNorth to deliver Credit Cards-as-a-Service platform to financial institutions and fintech customers in North America.

Central Valley Community Bancorp and Community West Bancshares Announce Receipt of Shareholder Approval for Merger

Retrieved on: 
Friday, February 9, 2024
Banking, Professional Services, Finance, Organization, History, Community West Bancshares, Community Bank, CWB

Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West), (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today that shareholders of both companies approved the merger of Community West with and into Central Valley, with Central Valley as the resulting company, and Community West Bank with and into Central Valley Community Bank at special meetings held on February 8, 2024.

Key Points: 
  • Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West), (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today that shareholders of both companies approved the merger of Community West with and into Central Valley, with Central Valley as the resulting company, and Community West Bank with and into Central Valley Community Bank at special meetings held on February 8, 2024.
  • Following the closing of the merger, the resulting company will assume the name Community West Bancshares, and Central Valley Community Bank will assume the name Community West Bank to reflect the expanded territory of the combined company.
  • “Shareholder approval from both banks confirms their confidence in the merger and brings us one step closer to uniting our two great organizations,” stated James J. Kim, President and CEO of Central Valley Community Bancorp and Central Valley Community Bank.
  • The shared values, corporate cultures and impressive history of both banks will bring greater opportunity to shareholders, clients, employees and the community,” stated Martin E. Plourd, CEO and Director of Community West Bancshares and Community West Bank.

AGI Joplin Facility Celebrates a 3-Year Safety Milestone in No Lost Time Incidents

Retrieved on: 
Tuesday, November 28, 2023
Packaging, Engineering, Manufacturing, Safety, Workforce, Risk, Canadian Welding Bureau, Multimedia, AGI, Element, CPR, CWB, Child Passenger Safety Week, American Welding Society, LTI, Environment, Disability, Safety management system, Installation, ASMS, Sanders, AWS, Injury, Transport, Welding, Management, Pharmaceutical industry

Ag Growth International (“AGI”) announced that its Joplin, Missouri manufacturing facility has achieved a significant safety milestone with an impressive three years of no lost time incidents.

Key Points: 
  • Ag Growth International (“AGI”) announced that its Joplin, Missouri manufacturing facility has achieved a significant safety milestone with an impressive three years of no lost time incidents.
  • “We are delighted to celebrate this 3-year accomplishment with employees at the Joplin, MO facility.
  • The milestone exemplifies AGI’s worldwide commitment to workplace safety,” says Paul Householder, AGI President & CEO.
  • With safety as a companywide core priority, AGI has implemented a comprehensive Safety Management System (ASMS), that proactively monitors and guides performance at the facility level.

Central Valley Community Bancorp and Community West Bancshares to Merge

Retrieved on: 
Wednesday, October 11, 2023
Banking, Professional Services, Finance, Multimedia, Community West Bancshares, Acquisition, Community Bank, Central Bank Center, Organization, United Company, CWB, Corporate action, Vice, Sierra Nevada, Bank, Lucien Plourde, Community bank, Security (finance), Management, Drug, Central Coast, Central California

Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction.

Key Points: 
  • Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction.
  • Under the terms of the agreement, Community West Bancshares will merge with and into Central Valley Community Bancorp and Community West Bank will merge with and into Central Valley Community Bank.
  • Under the terms of the agreement, Community West Bancshares shareholders will be entitled to receive 0.79 shares of Central Valley Community Bancorp common stock for each share of Community West Bancshares common stock.
  • “Central Valley Community Bank has steadily and profitably grown for over 43 years, building a highly attractive franchise in California’s San Joaquin Valley and Greater Sacramento region,” said James J. Kim, President and CEO of Central Valley Community Bancorp and Central Valley Community Bank.

D2L Wave Includes More Options for Certification and Technical Training

Retrieved on: 
Wednesday, August 2, 2023
Occupational safety and health, Canadian Professional Sales Association, The Learning Tree, Information, Education, Safety, Wave, Certification, CWB, Organization, Learning Tree International, Knowledge, ISC2, Canadian Welding Bureau, SVP, Occupational Health and Safety Act, CPSA, Tutoring, Nursing, Property management, Universe

TORONTO, Aug. 2, 2023 /PRNewswire/ - D2L a global learning technology leader, is helping to make options for working learners to earn certifications, receive training, and continue their education more accessible with D2L Wave.

Key Points: 
  • TORONTO, Aug. 2, 2023 /PRNewswire/ - D2L a global learning technology leader, is helping to make options for working learners to earn certifications, receive training, and continue their education more accessible with D2L Wave.
  • "The speed of change globally means that employers and individuals need to continually upskill themselves, with exceptional and trusted education partners," says Dr. Sasha Thackaberry, SVP of D2L Wave.
  • "We're pleased that D2L Wave has recently added training and certification providers that can allow both working professionals and employers to help maintain their competitive edge."
  • Each CPSA training course includes a one-year membership to enable learners to maintain and build their skills after course completion.

Capital Power announces Board appointment and retirement

Retrieved on: 
Tuesday, August 1, 2023
Grant Thornton International, Institute of Corporate Directors, Grant Thornton LLP, Edmonton Symphony Orchestra, Senior, Partnership, Queen, CPX, Chartered, Woman, Kate, MELCOR, Capital Power Corporation, CWB, Indigenous peoples, Retirement, Capital, TSX, ESG, Policy, Management

EDMONTON, Alberta, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX), is pleased to announce the appointment of Carolyn Graham to the Company’s Board of Directors (“the Board”) effective August 2, 2023.

Key Points: 
  • EDMONTON, Alberta, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX), is pleased to announce the appointment of Carolyn Graham to the Company’s Board of Directors (“the Board”) effective August 2, 2023.
  • The appointment follows the retirement of Katharine (Kate) Stevenson from the Board of Directors.
  • We wish her the very best in all her endeavours.”
    With this appointment and retirement, Capital Power’s Board of Directors consists of 10 directors, with 44% of the independent directors being women, and 33% of the independent directors representing diverse groups beyond gender.
  • Please refer to Capital Power’s 2023 Management Proxy Circular and Board Diversity Policy for further information.

Amprius Successfully Completes Safe Cell Development Program for the U.S. Army

Retrieved on: 
Monday, July 17, 2023
Technology, Contracts, Engineering, Other Energy, Military, Manufacturing, Energy, Hardware, Defense, Manufacturing Technologies Association, Army, U.S. Department of Defense Strategy for Operating in Cyberspace, Mantech, CWB, United States Army, United States Department of the Army, NYSE, Electric battery, Renewable energy

Amprius Technologies, Inc. ("Amprius" or the "Company") (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the successful completion of a critical technology development program in collaboration with the U.S. Army.

Key Points: 
  • Amprius Technologies, Inc. ("Amprius" or the "Company") (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the successful completion of a critical technology development program in collaboration with the U.S. Army.
  • The program successfully delivered Amprius’ 390 Wh/kg safe cells with a gel polymer electrolyte, passing the rigorous Military Performance Specification Nail Penetration Test per the requirements of section 4.7.4.4. of the MIL-PRF-32383 (Military Performance Specification).
  • Concurrently, Amprius has achieved significant progress in its Army-funded Manufacturing Technology (ManTech) program, an industrial preparedness program focused on addressing Army-wide manufacturing requirements.
  • "We take immense pride in the successful completion of our technology development program for the US Army soldiers' central power source, the CWB," said Dr. Kang Sun, CEO at Amprius Technologies.

Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army

Retrieved on: 
Tuesday, June 27, 2023
CWB, United States Department of the Army, Silicon, Conformal, Army, Cell, Mobile phone, United States Army

FREMONT, Calif., June 27, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the progression of its U.S. Army program, with a commitment to producing commercial cells for use within U.S. Army soldier’s central power source, called the Conformal Wearable Battery (CWB).

Key Points: 
  • FREMONT, Calif., June 27, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the progression of its U.S. Army program, with a commitment to producing commercial cells for use within U.S. Army soldier’s central power source, called the Conformal Wearable Battery (CWB).
  • “This achievement is yet another proof point on our journey to scale.”
    Enovix cells will be used to build pre-production CWB packs.
  • The Enovix cell has the potential to nearly double the energy density of the current CWB cells, which could result in substantial operational advantages including longer lasting and lighter battery packs.
  • Another key advantage for the Army is Enovix BrakeFlow™ technology, a breakthrough safety system that provides an extra layer of protection inside the cell.

interVal Delivers Seamless Valuation Tool To CWB’s Business Banking Clients

Retrieved on: 
Tuesday, June 13, 2023
Software, Technology, Banking, Professional Services, CWB, Partnership, Interval, Health, Cryptocurrency

The partnership will ensure any business owner can access purposeful feedback on the health of their most important financial asset - the business itself.

Key Points: 
  • The partnership will ensure any business owner can access purposeful feedback on the health of their most important financial asset - the business itself.
  • The partnership with interVal and the potential it brings will allow business owners to leverage real-time valuation data to make better and more informed financial decisions.
  • “We are thrilled that business owners can visit www.cwbank.com/valuation and start using this tool, today.”
    “We are thrilled to be moving forward with this partnership with CWB,” said Trevor Greenway, Co-founder & CEO, interVal.
  • We know that for many business owners, their business is one of their largest financial assets.

ODU Group launches ODU AMC® NP a miniaturized quick disconnect connector for soldier systems

Retrieved on: 
Thursday, May 4, 2023
Electronics, PDU, ODU, CWB, IP68, Business development, C4ISR, Engineering, NP, PCB, Telescopic sight, Printed circuit board

CAMARILLO, Calif., May 4, 2023 /PRNewswire-PRWeb/ -- With this ODU AMC® NP launch, ODU extends its successful portfolio for soldier communications as well as its ability to assist military and defense customers with custom hybrid solutions and multiple value-added services, such as one-to-one engineering support, rapid prototyping and cable assembly integrated. This gives a significant competitive advantage to equipment manufacturers that want a highly reliable and readily available connectivity solution.

Key Points: 
  • The ODU Group, a leading international supplier of connector systems, is excited to announce the release of ODU AMC® NP, one of the world's most recognized high-performance, quick-disconnect miniature connector on the market.
  • Designed and manufactured to meet and achieve military standards, this cost-efficient connector is ideal for military and security applications.
  • For more information about ODU AMC® NP, visit: https://odu-connectors.com/us/products/circular-connectors/odu-amc-np/
    *The contact arrangement of an ODU data transmission connector differs from a standard data transmission connector due to the robust ODU specific design.
  • The ODU Group is one of the world's leading suppliers of connector systems, employing 2,600 people around the world.