National FongShan Senior Commercial & Industrial Vocational School

CHEP Automotive sponsors Li-ion Battery Europe 2023

Retrieved on: 
Wednesday, October 25, 2023

Comprising 36 Gigafactories in Europe – heavily concentrated in Germany, Poland and Hungary - this will increase European contribution to the global capacity pipeline to 15% .1

Key Points: 
  • Comprising 36 Gigafactories in Europe – heavily concentrated in Germany, Poland and Hungary - this will increase European contribution to the global capacity pipeline to 15% .1
    On Monday, 30th October, at 15.30 (CET), CHEP Automotive will join other experienced stakeholders - such as BASF, Italvolt and the Talga Group – to discuss how to ramp up battery production in Europe, while ensuring this acceleration is undertaken in a sustainable manner.
  • “The automotive supply chain is undergoing a tremendous transformation.
  • “That’s why we are delighted to support Li-ion Battery Europe 2023.
  • B2B companies need to do the same.”
    CHEP Automotive addresses automotive supply chain trends and talking points in its Supply Chain Trend Report series.

CHEP Automotive releases its third supply chain trend report

Retrieved on: 
Wednesday, October 18, 2023

PARIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Global leader in reusable packaging solutions, CHEP, has published the third in a series of Supply Chain Trend Reports: “6 stakeholders shaping the future of electric vehicles”.

Key Points: 
  • PARIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Global leader in reusable packaging solutions, CHEP, has published the third in a series of Supply Chain Trend Reports: “ 6 stakeholders shaping the future of electric vehicles ”.
  • “When we think electric cars, we think carmakers and battery makers,” says Safak Aktekin, Senior Commercial Director at CHEP Automotive.
  • Nowhere is this more apparent than in the supply chain.
  • Sustainable transport is simply a myth if its manufacture relies on a carbon intensive supply chain,” concludes Murray Gilder, Vice-President, CHEP Automotive.

Somerset Regal Bank Hires James Castelletti as Senior Commercial Lending Officer

Retrieved on: 
Wednesday, September 27, 2023

BOUND BROOK, N.J., Sept. 27, 2023 /PRNewswire/ -- SR Bancorp, Inc. ("SR Bancorp"), the holding company for Somerset Regal Bank (the "Bank"), announced today that James Castelletti has been appointed Senior Vice President and Senior Commercial Lending Officer.

Key Points: 
  • BOUND BROOK, N.J., Sept. 27, 2023 /PRNewswire/ -- SR Bancorp, Inc. ("SR Bancorp"), the holding company for Somerset Regal Bank (the "Bank"), announced today that James Castelletti has been appointed Senior Vice President and Senior Commercial Lending Officer.
  • Mr. Castelletti has extensive experience as a commercial real estate lender, most recently as Vice President – Commercial Real Estate Lender at Northfield Bank, and at Spencer Savings Bank and Wells Fargo Bank.
  • William P. Taylor, Chairman and Chief Executive Officer of Somerset Regal Bank said: "We are pleased to welcome James to the Somerset Regal Bank team.
  • His deep experience in the lending space and expert knowledge of the local market will prove invaluable to Somerset Regal Bank."

Eastern Bank Provides Financing For Raycon Construction, LLC’s Conversion To An Employee-Owned Company

Retrieved on: 
Tuesday, July 11, 2023

Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast.

Key Points: 
  • Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast.
  • Eastern Bank is also providing a revolving line of credit to support the company’s ongoing financial needs.
  • This financing builds on a long-standing business relationship, as Eastern Bank’s subsidiary Eastern Insurance Group LLC has provided commercial insurance to Raycon Construction for more than a decade.
  • “Eastern Bank was attuned to our objectives, and structured and managed the financing of a transaction that far exceeded our expectations.

Brink's Global Services' Former Director Mr. Oliver Buckle-Wright Joining SMX to Lead Global Client Success To Execute Revenue Opportunities Related to Supply Chains

Retrieved on: 
Monday, June 12, 2023

Mr. Buckle-Wright joins SMX after over 13 years at Brink's Global Services Limited as their Director of Strategy & Business Development followed by Senior Commercial Director for the past 3 years.

Key Points: 
  • Mr. Buckle-Wright joins SMX after over 13 years at Brink's Global Services Limited as their Director of Strategy & Business Development followed by Senior Commercial Director for the past 3 years.
  • Mr. Buckle-Wright is an experienced global executive with a distinguished history of working in the logistics and supply chain industry as well as being skilled in negotiations, operations management, sales, and business development.
  • The Company expects that Mr. Buckle-Wright's experience along with his understanding of SMX's technology will help expedite SMX's growth plans, particularly within the mining industry.
  • I look forward to working with our customers and my new colleagues," Mr. Buckle-Wright stated.

Eastern Bank Provides Financing For SPS New England, Inc.’s Conversion To An Employee-Owned Company

Retrieved on: 
Wednesday, June 7, 2023

Eastern Bank is pleased to announce its financing for SPS New England, Inc.’s (SPS New England) conversion to an employee-owned company.

Key Points: 
  • Eastern Bank is pleased to announce its financing for SPS New England, Inc.’s (SPS New England) conversion to an employee-owned company.
  • After working with SPS New England since 2017, Eastern Bank is now providing a term loan to support SPS New England’s conversion to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP), making it a fully employee-owned company.
  • Eastern Bank is also providing a revolving line of credit to support the company’s ongoing financial needs.
  • Commercial lending solutions include working capital/lines of credit, equipment/term loans, real estate loans, acquisition financing, asset-based lending and employee stock ownership plan-related financing.

Eastern Bank Provides Financing for ‘Grace by Nia,’ a New Modern-Day Supper Club in Boston’s Seaport District

Retrieved on: 
Wednesday, May 31, 2023

Opened on May 11th in Boston’s Seaport District, Grace by Nia puts a new twist on the supper club concept, featuring over 5,000 square feet of restaurant and live entertainment space, a Southern soul-infused menu, and a stage for live jazz music.

Key Points: 
  • Opened on May 11th in Boston’s Seaport District, Grace by Nia puts a new twist on the supper club concept, featuring over 5,000 square feet of restaurant and live entertainment space, a Southern soul-infused menu, and a stage for live jazz music.
  • Eastern Bank provided the term loan for the lease-hold improvements to support the build-out of the space.
  • Darryl’s Corner Bar & Kitchen and Big Night Entertainment Group have been customers of Eastern Bank, and this newest financing helps to expand the reach of their business owners in one of Boston’s most dynamic and thriving neighborhoods.
  • Commercial lending solutions include working capital/lines of credit, equipment/term loans, real estate loans, acquisition financing, asset-based lending and employee stock ownership plan-related financing.

Eastern Bank Welcomes Done Right Building Services, Inc. (DRB Facility Services) As A Commercial Customer

Retrieved on: 
Wednesday, January 18, 2023

Eastern Bank is pleased to announce Done Right Building Services, Inc. (DRB Facility Services) as a new commercial customer.

Key Points: 
  • Eastern Bank is pleased to announce Done Right Building Services, Inc. (DRB Facility Services) as a new commercial customer.
  • DRB Facility Services and Eastern have already been working together in a variety of related capacities.
  • DRB Facility Services provides cleaning services to Eastern Bank and Eastern Insurance Group LLC, a working relationship that began in 2013.
  • The Commercial Banking team advising DRB Facility Services includes Executive Vice President, Senior Commercial Banking Officer Greg Buscone, Senior Vice President and Commercial Group Director Dan Field, and Senior Vice President and Commercial Team Leader James Murphy.

National Bank of Coxsackie Announces Internal Promotions

Retrieved on: 
Tuesday, January 17, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230117005307/en/
    Jamie Casterlin: AVP/Credit Manager, National Bank of Coxsackie (Photo: Business Wire)
    Jamie Casterlin was promoted to AVP/Credit manager from Commercial Credit Analyst.
  • Casterlin has been with National Bank of Coxsackie for 6 years starting out as a Business Development Officer, then moving in the Credit Department.
  • Sumigray came to National Bank of Coxsackie with over 10 years of commercial underwriting experience from Sunmark Credit Union.
  • Since 1852, The National Bank of Coxsackie has been the reliable bank of choice for thousands of clients.

Eastern Bank and Eastern Insurance Group LLC Welcome The Forsyth Institute As A New Customer

Retrieved on: 
Wednesday, November 2, 2022

Eastern Bank and Eastern Insurance Group LLC , a wholly owned subsidiary of Eastern Bank, are pleased to announce The Forsyth Institute (Forsyth) as a new commercial banking and insurance customer.

Key Points: 
  • Eastern Bank and Eastern Insurance Group LLC , a wholly owned subsidiary of Eastern Bank, are pleased to announce The Forsyth Institute (Forsyth) as a new commercial banking and insurance customer.
  • In addition, Eastern Insurance Group has consulted with Forsyth to develop a customized risk management program for Forsyths commercial, personal and employee benefits needs.
  • View the full release here: https://www.businesswire.com/news/home/20221102005665/en/
    The Forsyth Institute is thrilled to begin new relationships with Eastern Bank and Eastern Insurance Group, said Dr. Wenyuan Shi, Chief Executive Officer and Chief Scientific Officer of The Forsyth Institute.
  • Eastern provides banking, investment and insurance products and services for consumers and businesses of all sizes, including through its Eastern Wealth Management division and its Eastern Insurance Group LLC subsidiary.