MACK

J.S. Held Celebrates Scientific and Technical Experts on World Laboratory Day

Retrieved on: 
Tuesday, April 23, 2024

Held, proudly celebrating 50 transformative years, recognizes scientific and technical experts on World Laboratory Day.

Key Points: 
  • Held, proudly celebrating 50 transformative years, recognizes scientific and technical experts on World Laboratory Day.
  • Held, a global consulting firm, showcases its industry-leading laboratory capabilities and experts.
  • "On World Laboratory Day, we are proud to showcase these incredible experts and the laboratory support structure that plays a critical role in our mission to transform our clients' challenges into opportunities."
  • World Laboratory Day celebrates the importance of laboratories and the professionals who work in them.

Volvo Group to Increase North American Heavy Truck Production Capacity

Retrieved on: 
Thursday, April 11, 2024

GOTHENBURG, Sweden, April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production.

Key Points: 
  • GOTHENBURG, Sweden, April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production.
  • The Mack LVO plant in Pennsylvania and the Volvo NRV plant in Virginia will continue to be the company's main North American heavy truck production sites.
  • It also provides a mature supply and production ecosystem that will complement the U.S. system and increase the resilience and flexibility of the Group's North American industrial footprint.
  • The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

BlackArch Partners Announces Recent Promotions

Retrieved on: 
Thursday, March 7, 2024

CHARLOTTE, N.C., March 7, 2024 /PRNewswire-PRWeb/ -- BlackArch Partners, a leading middle-market investment bank, is pleased to announce that Will Mackvick has been promoted to Managing Director and Brandon Boor has been promoted to Director.

Key Points: 
  • BlackArch Partners, a leading middle-market investment bank offering a full spectrum of advisory services, is pleased to announce the promotions of Will Mackvick to Managing Director and Brandon Boor to Director.
  • CHARLOTTE, N.C., March 7, 2024 /PRNewswire-PRWeb/ -- BlackArch Partners, a leading middle-market investment bank, is pleased to announce that Will Mackvick has been promoted to Managing Director and Brandon Boor has been promoted to Director.
  • Prior to joining BlackArch, he worked for CapitalSouth Partners as well as in the Listed Derivatives group at Credit Suisse.
  • Mr. Boor's full bio can be found here on the BlackArch website.

US Commercial Vehicle Market Grew 14 percent in 2023, according to S&P Global Mobility

Retrieved on: 
Thursday, February 29, 2024

Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023

Key Points: 
  • Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023
    Alternative fuel vehicles, electric and hybrid powertrains are popular options for light-duty commercial vehicles while compressed natural gas (CNG) and electric are becoming popular alternative options for heavy-duty commercial vehicles.
  • Electric cargo vans continue to trend in last-mile delivery applications, especially with fleets such as Amazon, Walmart, Penske, and FedEx.
  • There were more than 14,000 EV cargo vans registered in 2023, according to the analysis, led by substantial growth from Rivian.
  • In addition, electric pickup launches expected from Chevrolet and Ram should contribute to the EV and electrified vehicle sales boom.

Exro Announces Merger with SEA Electric to Create Leading e-Mobility Technology Company

Retrieved on: 
Tuesday, January 30, 2024

CALGARY, AB, Jan. 30, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA" or "SEA Electric") announced today that they have entered into an agreement (the "Merger Agreement") providing for the acquisition of SEA by Exro (the "Transaction").

Key Points: 
  • CALGARY, AB, Jan. 30, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA" or "SEA Electric") announced today that they have entered into an agreement (the "Merger Agreement") providing for the acquisition of SEA by Exro (the "Transaction").
  • "We are pleased to announce the merger between Exro and SEA Electric, which unites our complementary EV technology platforms and unlocks substantial opportunities for growth and path to profitability.
  • SEA Electric produces the SEA-Drive propulsion technology that controls all the components that electrify a vehicle.
  • The Merger Agreement also contains customary representations, warranties and covenants, including non-solicitation covenants applicable to Exro and SEA.

Exro Announces Merger with SEA Electric to Create Leading e-Mobility Technology Company and Concurrent C$42 Million Capital Raise Transactions

Retrieved on: 
Tuesday, January 30, 2024

Concurrent C$42 Million capital raise to fund capital expenditures, working capital, and general business requirements

Key Points: 
  • Concurrent C$42 Million capital raise to fund capital expenditures, working capital, and general business requirements
    CALGARY, AB, Jan. 30, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA" or "SEA Electric") announced today that they have entered into an agreement (the "Merger Agreement") providing for the acquisition of SEA by Exro (the "Transaction").
  • "We are pleased to announce the merger between Exro and SEA Electric, which unites our complementary EV technology platforms and unlocks substantial opportunities for growth and path to profitability.
  • SEA Electric produces the SEA-Drive propulsion technology that controls all the components that electrify a vehicle.
  • In addition, Exro will assume approximately US$46 million (C$62 million) in SEA net debt as part of the Transaction.

Linda Mack of Mack International participated in a webcast held on December 13, 2023, on 'Compensation and Talent Planning Trends for 2024'

Retrieved on: 
Friday, January 19, 2024

WEST PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire-PRWeb/ -- Linda Mack of Mack International participated in a webcast for an insightful look into addressing year-end compensation decisions and family office talent challenges. The webcast was hosted by Trish Botoff of Botoff Consulting, and co-publisher of a recent compensation survey (with Morgan Stanley). Joining Linda and Trish was Mark Somers, Founder and Director of Somers Partnership based in the U.K.

Key Points: 
  • Linda Mack of Mack International participated in a webcast on December 13, 2023, on compensation and talent planning trends for 2024 including preliminary findings from the Botoff Consulting/Morgan Stanley recently published survey on Family Office compensation.
  • WEST PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire-PRWeb/ -- Linda Mack of Mack International participated in a webcast for an insightful look into addressing year-end compensation decisions and family office talent challenges.
  • The webcast was hosted by Trish Botoff of Botoff Consulting, and co-publisher of a recent compensation survey (with Morgan Stanley).
  • A brief synopsis of her comments follows:
    "The market is extremely competitive and finding the ideal candidate is increasingly challenging.

Blink Charging to Provide Mack Trucks’ Customers with Fleet EV Infrastructure

Retrieved on: 
Wednesday, November 29, 2023

Miami Beach, Fla., Nov. 29, 2023 (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 it has been selected as a full-service EV infrastructure provider for Mack Trucks through Mack’s Vendor Direct Ship and Turnkey Solutions program.

Key Points: 
  • Miami Beach, Fla., Nov. 29, 2023 (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 it has been selected as a full-service EV infrastructure provider for Mack Trucks through Mack’s Vendor Direct Ship and Turnkey Solutions program.
  • Mack Trucks selected Blink and its reliable, scalable EV equipment and extensive fleet expertise.
  • As operators look to electrify their fleets, Blink and its advanced EV charging products provide dedicated expertise to help accurately assess particular fleet needs to optimize infrastructure services and provide end-to-end software solutions.
  • “We applaud the efforts of Mack for their forward-thinking in advancing fleet electrification and we are excited to be selected as a charging partner in their Turnkey Solutions program, providing reliable and advanced charging solutions,” said Jim Nemec, Chief Revenue Officer at Blink Charging.

Global $5.8 Bn Refuse Hauler Growth Opportunities and Forecasts to 2030: Smart Trucks to Pave the Way for Automation - ResearchAndMarkets.com

Retrieved on: 
Monday, December 4, 2023

The "Global Refuse Hauler Growth Opportunities, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Refuse Hauler Growth Opportunities, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The refuse hauler industry plays a critical role in global waste management.
  • Major innovations in the refuse hauler market are likely in alternative fuels, electrification, automation, data analytics, and waste-to-energy solutions.
  • The refuse hauler industry is vital to nationwide waste management, providing municipalities with the necessary tools to perform various tasks.

WIN Waste Innovations Launches Boston's First Electric Trash Trucks

Retrieved on: 
Friday, December 15, 2023

PORTSMOUTH, N.H., Dec. 15, 2023 /PRNewswire/ -- WIN Waste Innovations, a leader in the recycling and waste industry, has become the first company to operate fully electric trash trucks in the City of Boston. In another first, the vehicles are powered exclusively by energy generated from the waste the trucks collect.

Key Points: 
  • PORTSMOUTH, N.H., Dec. 15, 2023 /PRNewswire/ -- WIN Waste Innovations, a leader in the recycling and waste industry, has become the first company to operate fully electric trash trucks in the City of Boston.
  • "Our customers are looking to us to help them reduce their environmental impact, and this project does just that," says Dan Mayo, Chief Executive Officer of WIN Waste Innovations.
  • "We are very proud to take another step in advancing sustainable waste practices by being the first company to invest in the circular economy in this unique way — collecting waste with electric trucks, converting that waste into renewable energy, and using that energy to charge the trucks back up."
  • The use of electric trucks is one part of WIN Waste's broad commitment to sustainable waste-handling.